FreeholdRCRDistrict 5 (Queenstown)

Banyan Condominium

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

Banyan Condominium is a freehold condominium in District 5 (Queenstown) that obtained TOP in 1995, with 104 units across 4 blocks. Across 82 transactions on record, units have recently transacted around S$1.90M (S$1,232 psf, ~1,572 sqft). There is 1 unit for sale from S$2.30M to S$2.30M.

1

What are the key facts about Banyan Condominium?

Key Takeaway

Banyan Condominium is a freehold condominium in District 5 (Queenstown) that obtained TOP in 1995, with 104 units across 4 blocks.

Tenure
Freehold
TOP / Completion
1995
Developer
FAR EAST ORGANIZATION
Total units
104
Blocks
4
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$1,232 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at Banyan Condominium?

Key Takeaway

Units have recently transacted around S$1.90M (S$1,232 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$1.90M

recent · 82 sales on record

Median PSF

S$1,232 psf

recent transactions

Median rent (monthly)

S$3,645

946 rentals on record

Gross rental yield

2.3%

indicative, gross

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Banyan Condominium?

Key Takeaway

Banyan Condominium has 82 recorded sales; the most recent transacted at S$2,310,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$2,310,0001,572S$1,470 psf
Apr 2026S$2,250,0001,636S$1,375 psf
Sept 2025S$2,320,0001,582S$1,466 psf
May 2022S$2,200,0001,851S$1,188 psf
Feb 2022S$1,950,0001,582S$1,232 psf
May 2021S$1,900,0001,518S$1,252 psf
Aug 2019S$1,520,0001,227S$1,239 psf
May 2018S$1,965,7601,572S$1,251 psf
Mar 2018S$1,900,0001,582S$1,201 psf
Jan 2018S$1,250,0001,119S$1,117 psf
Dec 2016S$1,550,0001,421S$1,091 psf
Sept 2016S$1,660,0001,561S$1,064 psf

82 sales and 946 rentals on record since Mar 1995. Source: URA.

4

Are prices at Banyan Condominium rising?

Key Takeaway

The median transacted PSF at Banyan Condominium has risen 213% over the past 21 years (20052026), from S$439 psf to S$1,375 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,375 psfS$2.25M2+15.7%
2022S$1,188 psfS$1.95M2-1.1%
2018S$1,201 psfS$1.90M3+12.9%
2016S$1,064 psfS$1.55M2+16.4%
2014S$914 psfS$1.45M2+1.9%
2011S$897 psfS$1.20M3+13.1%
2010S$793 psfS$1.11M7+38.2%
2009S$574 psfS$710k2-16.4%
2007S$687 psfS$850k6+56.5%
2005S$439 psfS$660k3

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

5

How many property agents are active around Banyan Condominium?

Key Takeaway

8,572 CEA-registered agents closed at least one recorded deal in District 5 — where Banyan Condominium sits — in the last 12 months, across all property types.

Active agents · 12mo

8,572

District 5 · closed ≥1 deal

Deals on record

46,728

all-time · all property types

Source: CEA public transaction records, attributed to District 5across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Banyan Condominium?

Key Takeaway

Banyan Condominium has 1 unit listed for sale, spanning 2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom1S$2.30M–S$2.30M
7

Where is Banyan Condominium and what's nearby?

Key Takeaway

Banyan Condominium is located in Queenstown, in the Central Region of Singapore.

Banyan Condominium is a freehold condominium completed in 1995. It was developed by FAR EAST ORGANIZATION. The development has 104 residential units. It sits on a land area of 12,630 sqm and has a gross floor area of 17,682 sqm. The plot ratio is 1.4.

BANYAN CONDOMINIUM is located at 3 Chwee Chian Road, Singapore 119744. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Pasir Panjang MRT, approximately 376m away, around 6 minutes on foot. Nearby amenities include Pasir Panjang Food Centre for food options and Chwee Chian Playground for greenery and recreation. Facilities in the development include Covered car park, Sauna, 24 hours security, Swimming pool, and Tennis courts.

8

Who built Banyan Condominium and how big is the development?

Key Takeaway

Banyan Condominium was developed by FAR EAST ORGANIZATION, with 104 units over up to 4 storeys.

Developer
FAR EAST ORGANIZATION
Floors
4 storeys
Blocks
4
Land area
12,630 sqm (135,948 sqft)
Gross floor area
17,682 sqm (190,327 sqft)
Plot ratio
1.40
9

How far is Banyan Condominium from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Banyan Condominium is Pasir Panjang MRT, about 376 m away (~6 min walk).

Getting around

Shops, food & parks

Hawker centre: Pasir Panjang Food Centre · 403 mPark: Chwee Chian Playground · 124 m

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

10

What facilities does Banyan Condominium have?

Key Takeaway

Banyan Condominium has 5 facilities, including Covered car park, Sauna, 24 hours security, Swimming pool, and more.

Covered car parkSauna24 hours securitySwimming poolTennis courts
11

What does it cost to own a unit at Banyan Condominium?

Key Takeaway

Buying a unit at Banyan Condominium (~S$1.90M) needs about S$13,909/mo in income and S$6,399/mo in repayments, after S$64,600 stamp duty and a S$475k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.90M) 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$64,600

BSD, tiered

Downpayment (25%)

S$475k

cash + CPF

Monthly instalment

S$6,399/mo

30y @ 3.5%

Income required

S$13,909/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Banyan Condominium? Ask before you commit.

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

PropKaki
Is Banyan Condominium a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Banyan Condominium

How much does a unit at Banyan Condominium cost?

Units at Banyan Condominium have recently transacted around S$1.90M (S$1,232 psf), from 82 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Banyan Condominium?

For a unit around S$1.90M as a first home, you'd need roughly S$13,909/mo in income (assessed at the stress-test rate), with repayments near S$6,399/mo after a S$475k (25%) downpayment and S$64,600 Buyer's Stamp Duty.

Is Banyan Condominium a good investment?

Gross rental yield is about 2.3%; median PSF has risen about 213% since 2005. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Banyan Condominium going up?

The median transacted PSF at Banyan Condominium has risen about 213% between 2005 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Banyan Condominium freehold or leasehold?

Banyan Condominium is freehold — ownership does not expire.

When was Banyan Condominium built and who developed it?

Banyan Condominium obtained TOP in 1995, developed by FAR EAST ORGANIZATION, with 104 units across 4 blocks.

How many units are for sale at Banyan Condominium?

There is 1 unit for sale at Banyan Condominium, from S$2.30M to S$2.30M.

What is the nearest MRT to Banyan Condominium?

The nearest MRT/LRT station to Banyan Condominium is Pasir Panjang MRT, about 376 m away (~6 min walk).

Chat on WhatsApp