FreeholdCCRDistrict 2 (Bukit Merah)

Asia Gardens

Reviewed by Nathan TangUpdated 24 September 2026Data through Apr 2018 (URA)
Quick Summary

Asia Gardens is a freehold condominium in District 2 (Bukit Merah) that obtained TOP in 1985, with 84 units. Across 22 transactions on record, units have recently transacted around S$770k (S$492 psf, ~1,604 sqft). There are 2 units for sale from S$5.72M to S$7.80M.

Key facts about Asia Gardens
TenureFreehold
TOP year1985
Units84
District and areaDistrict 2 · Bukit Merah · CCR
Nearest MRTOutram Park MRT, 615 m (~10 min walk)
Latest median psfS$492 psf, last 12 URA caveats to Apr 2018
1

What's for sale and for rent at Asia Gardens?

Key Takeaway

Asia Gardens has 2 units listed for sale, asking S$5.72M to S$7.80M (median S$3,143 psf), and 0 units for rent.

For sale

2 listings

S$5.72M – S$7.80M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
5-bedroom2S$5.72M–S$7.80MS$3,143 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Asia Gardens?

Key Takeaway

Floor plans for Asia Gardens aren't in PropKaki's library yet. Across 22 URA caveats, units range from 1,259 sqft to 134,421 sqft, and the middle half are 1,259 sqft to 1,604 sqft.

Unit typeSizes listed for saleAsking from
5-bedroom1,819 sqft to 2,228 sqftS$5.72M · S$3,143 psf

Check the Floor Plan Finder for Asia Gardens →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Asia Gardens?

Key Takeaway

Units have recently transacted around S$770k (S$492 psf), at a gross rental yield of about 4.2% (URA caveat data).

Recent median price

S$770k

recent · 22 sales on record

Median PSF

S$492 psf

recent transactions

Median rent (monthly)

S$2,680

256 rentals on record

Gross rental yield

4.2%

indicative, gross

Units currently for sale are asking a median of S$3,143 psf — about 539% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2018.

4

What has recently sold at Asia Gardens?

Key Takeaway

Asia Gardens has 22 recorded sales; the most recent transacted at S$343,000,000 in Apr 2018 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2018S$343,000,000134,421S$2,552 psf
Aug 2017S$2,000,0001,259S$1,588 psf
Jun 2017S$2,500,0001,604S$1,559 psf
Jun 2011S$2,400,0001,604S$1,496 psf
Jun 2010S$1,430,0001,259S$1,135 psf
Dec 2006S$620,0001,259S$492 psf
Jun 2006S$705,0001,604S$440 psf
Apr 2004S$680,0001,604S$424 psf
Sept 2002S$700,0001,604S$436 psf
Mar 2002S$1,250,0003,369S$371 psf
Jul 2001S$690,0001,259S$548 psf
Jan 2001S$770,0001,604S$480 psf

22 sales and 256 rentals on record since May 1995. Source: URA.

5

Are prices at Asia Gardens rising?

Key Takeaway

The median transacted PSF at Asia Gardens has risen 158% over the past 21 years (19962017), from S$605 psf to S$1,559 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2017S$1,559 psfS$2.00M2+254.3%
2006S$440 psfS$620k2+18.6%
2002S$371 psfS$700k2-22.7%
2001S$480 psfS$690k2-8.0%
1999S$522 psfS$760k3-16.3%
1997S$624 psfS$1.00M2+3.1%
1996S$605 psfS$860k4

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Asia Gardens a good investment?

Key Takeaway

Asia Gardens has no resales on record yet, so it has no track record of its own. Across District 2, 81% of 2,388 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 15% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 4.2%. Units listed now ask about 539% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 2 sold for more

81%

of 2,388 private resales

Median gain

15%

gross, before costs

Median hold

5.8 years

bought to resold

Asia Gardens has fewer than 10 matched resales, so the figures are for District 2 as a whole. Check the odds for your unit size and holding period →

7

Where is Asia Gardens and what's nearby?

Key Takeaway

Asia Gardens is located in Bukit Merah, in the Central Region of Singapore.

Asia Gardens is a freehold condominium completed in 1985. The development has 84 residential units. It sits on a land area of 6,695 sqm and has a gross floor area of 20,362 sqm. The plot ratio is 2.8.

ASIA GARDENS is located at 42 Everton Road, Singapore 089394. It is part of District 02, Anson / Tanjong Pagar, Bukit Merah. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Outram Park MRT, approximately 615m away, around 10 minutes on foot. Nearby amenities include 100 AM for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 6 Tanjong Pagar Plaza for food options, and Tras Link Pk for greenery and recreation. Facilities in the development include Barbeque Area, Function room, Gymnasium room, Open car park, Playground, and 24 hours security.

8

How far is Asia Gardens from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Asia Gardens is Outram Park MRT, about 615 m away (~10 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Cantonment Primary SchoolPrimary schoolwithin 1 km · P1 priority206 m
  • Chij (Kellock)Primary school1.1 km
  • Radin Mas Primary SchoolPrimary school1.6 km
  • Zhangde Primary SchoolPrimary school1.6 km
  • Chij St. Theresa's ConventSecondary school1.8 km

Shops, food & parks

Mall: 100 Am · 608 mSupermarket: NTUC Fairprice Co-operative Ltd · 538 mHawker centre: Blk 6 Tanjong Pagar Plaza · 559 mPark: Tras Link Pk · 626 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Asia Gardens and how big is the development?

Key Takeaway

Asia Gardens was developed by , with 84 units.

Land area
6,695 sqm (72,064 sqft)
Gross floor area
20,362 sqm (219,175 sqft)
Plot ratio
2.80
10

What facilities does Asia Gardens have?

Key Takeaway

Asia Gardens has 6 facilities, including Barbeque Area, Function room, Gymnasium room, Open car park, and more.

Barbeque AreaFunction roomGymnasium roomOpen car parkPlayground24 hours security
11

What does it cost to own a unit at Asia Gardens?

Key Takeaway

Buying a unit at Asia Gardens (~S$770k) needs about S$5,637/mo in income and S$2,593/mo in repayments, after S$17,700 stamp duty and a S$193k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$770k) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$17,700

BSD, tiered

Downpayment (25%)

S$193k

cash + CPF

Monthly instalment

S$2,593/mo

30y @ 3.5%

Income required

S$5,637/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Asia Gardens?

Key Takeaway

3,585 CEA-registered agents closed at least one recorded deal in District 2 — where Asia Gardens sits — in the last 12 months, across all property types.

Active agents · 12mo

3,585

District 2 · closed ≥1 deal

Deals on record

15,290

all-time · all property types

Source: CEA public transaction records, attributed to District 2 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Asia Gardens? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Asia Gardens's own transactions.

PropKaki
Is Asia Gardens a good buy, and what are units selling for?

Recent units at Asia Gardens sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Asia Gardens

Is Asia Gardens freehold?

Yes. Asia Gardens is freehold, so ownership does not run out.

How old is Asia Gardens?

Asia Gardens was completed (obtained TOP) in 1985, so it is about 41 years old.

Is Asia Gardens a good investment?

Asia Gardens has no resales on record yet, so it has no track record of its own. Across District 2, 81% of 2,388 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 15% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 4.2%. Units listed now ask about 539% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Asia Gardens an EC?

No. Asia Gardens is a private condominium, not an executive condominium (EC).

What is the price of a condo at Asia Gardens?

Units at Asia Gardens have recently sold for around S$770k (S$492 psf), the median of the last 12 URA caveats to Apr 2018. The price depends on size, floor and facing. 2 units are listed for sale from S$5.72M to S$7.80M.

Where is Asia Gardens located?

Asia Gardens is at 42 Everton Road, Singapore 089394, in Bukit Merah (District 2). The nearest MRT station is Outram Park MRT, about 615 m away.

How many units are there in Asia Gardens?

Asia Gardens has 84 units.

How much do I need to earn to buy at Asia Gardens?

For a unit around S$770k as a first home, you'd need roughly S$5,637/mo in income (assessed at the stress-test rate), with repayments near S$2,593/mo after a S$193k (25%) downpayment and S$17,700 Buyer's Stamp Duty.

Are prices at Asia Gardens going up?

The median price per square foot at Asia Gardens has risen about 158% between 1996 and 2017, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Asia Gardens?

Cantonment Primary School is within 1 km of Asia Gardens. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.