FreeholdRCRDistrict 12 (Novena)

Boon Teck Tower

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

Boon Teck Tower is a freehold condominium in District 12 (Novena) that obtained TOP in 1984, with 78 units across 1 block. Across 76 transactions on record, units have recently transacted around S$1.80M (S$1,086 psf, ~1,658 sqft). There are 5 units for sale from S$2.38M to S$2.50M.

Key facts about Boon Teck Tower
TenureFreehold
TOP year1984
DeveloperGLORY REALTY CO. PTE LTD (FAR EAST ORGANISATION)
Units78 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 630 m (~10 min walk)
Latest median psfS$1,086 psf, last 12 URA caveats to Jan 2026
1

What's for sale and for rent at Boon Teck Tower?

Key Takeaway

Boon Teck Tower has 5 units listed for sale, asking S$2.38M to S$2.50M (median S$1,452 psf), and 6 units for rent at a median of S$1,800 a month.

For sale

5 listings

S$2.38M – S$2.50M

For rent

6 listings

S$1,000 – S$4,800 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom5S$2.38M–S$2.50MS$1,452 psf

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

2

What are the floor plans and unit sizes at Boon Teck Tower?

Key Takeaway

Floor plans for Boon Teck Tower aren't in PropKaki's library yet. Across 76 URA caveats, units range from 1,658 sqft to 3,380 sqft, and the middle half are 1,658 sqft to 1,722 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,658 sqft to 1,722 sqftS$2.38M · S$1,452 psf

Check the Floor Plan Finder for Boon Teck Tower →

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

3

What is the price and PSF at Boon Teck Tower?

Key Takeaway

Units have recently transacted around S$1.80M (S$1,086 psf), at a gross rental yield of about 1.8% (URA caveat data).

Recent median price

S$1.80M

recent · 76 sales on record

Median PSF

S$1,086 psf

recent transactions

Median rent (monthly)

S$2,726

223 rentals on record

Gross rental yield

1.8%

indicative, gross

Units currently for sale are asking a median of S$1,452 psf — about 34% above the most recent transacted PSF.

Source: URA caveat data, through Jan 2026.

4

What has recently sold at Boon Teck Tower?

Key Takeaway

Boon Teck Tower has 76 recorded sales; the most recent transacted at S$2,100,000 in Jan 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jan 2026S$2,100,0001,658S$1,267 psf
Feb 2023S$2,000,0001,658S$1,207 psf
Apr 2021S$1,860,0001,658S$1,122 psf
Dec 2020S$1,680,0001,658S$1,013 psf
Oct 2020S$1,790,0001,658S$1,080 psf
Jan 2019S$1,800,0001,658S$1,086 psf
Sept 2018S$1,830,0001,658S$1,104 psf
Jun 2018S$1,890,0001,658S$1,140 psf
May 2018S$1,710,0001,658S$1,032 psf
May 2018S$1,730,0001,658S$1,044 psf
May 2018S$1,850,0001,658S$1,116 psf
Sept 2017S$1,603,8001,722S$931 psf

76 sales and 223 rentals on record since Mar 1995. Source: URA.

5

Are prices at Boon Teck Tower rising?

Key Takeaway

The median transacted PSF at Boon Teck Tower has risen 109% over the past 19 years (20012020), from S$484 psf to S$1,013 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$1,013 psfS$1.68M2-8.2%
2018S$1,104 psfS$1.83M5+4.5%
2012S$1,056 psfS$1.82M2+23.4%
2011S$856 psfS$1.47M7+13.5%
2010S$754 psfS$1.26M6+29.6%
2007S$582 psfS$980k9+30.8%
2006S$445 psfS$738k2+10.1%
2004S$404 psfS$695k2-6.9%
2002S$434 psfS$830k3-10.3%
2001S$484 psfS$815k3

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

6

Is Boon Teck Tower a good investment?

Key Takeaway

Of 28 units at Boon Teck Tower that were bought and later resold (bought from 1995, resold up to 2020), 86% sold for more than they were bought for, with a median gain of 34% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.8%. Units listed now ask about 34% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

86%

of 28 resales here

Median gain

34%

gross, before costs

Median hold

6.5 years

bought to resold

Every unit at Boon Teck Tower with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Boon Teck Tower and what's nearby?

Key Takeaway

Boon Teck Tower is located in Novena, in the Central Region of Singapore.

Boon Teck Tower is a freehold condominium completed in 1984. It was developed by GLORY REALTY CO. PTE LTD (FAR EAST ORGANISATION). The development has 78 residential units. It sits on a land area of 5,426 sqm and has a gross floor area of 15,193 sqm. The plot ratio is 2.8.

BOON TECK TOWER is located at 41 Boon Teck Road, Singapore 329608. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Toa Payoh MRT, approximately 630m away, around 10 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, 24 hours security, Swimming pool, and Wading pool.

8

How far is Boon Teck Tower from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Boon Teck Tower is Toa Payoh MRT, about 630 m away (~10 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km945 m
  • Hong Wen SchoolPrimary school1.0 km
  • Chij Primary (Toa Payoh)Primary school1.1 km
  • Kheng Cheng SchoolPrimary school1.1 km
  • Northlight SchoolSecondary school1.1 km
  • Pei Chun Public SchoolPrimary school1.2 km
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Bendemeer Secondary SchoolSecondary school1.2 km

Shops, food & parks

Mall: Square 2 · 1.0 kmSupermarket: NTUC Fairprice Co-operative Ltd · 284 mHawker centre: Blks 91/92 Whampoa Drive # · 632 mPark: Toa Payoh Town Pk · 413 m

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

9

Who built Boon Teck Tower and how big is the development?

Key Takeaway

Boon Teck Tower was developed by GLORY REALTY CO. PTE LTD (FAR EAST ORGANISATION), with 78 units.

Developer
GLORY REALTY CO. PTE LTD (FAR EAST ORGANISATION)
Blocks
1
Land area
5,426 sqm (58,405 sqft)
Gross floor area
15,193 sqm (163,536 sqft)
Plot ratio
2.80
10

What facilities does Boon Teck Tower have?

Key Takeaway

Boon Teck Tower has 5 facilities, including Barbeque Area, Covered car park, 24 hours security, Swimming pool, and more.

Barbeque AreaCovered car park24 hours securitySwimming poolWading pool
11

What does it cost to own a unit at Boon Teck Tower?

Key Takeaway

Buying a unit at Boon Teck Tower (~S$1.80M) needs about S$13,177/mo in income and S$6,062/mo in repayments, after S$59,600 stamp duty and a S$450k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.80M) 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$59,600

BSD, tiered

Downpayment (25%)

S$450k

cash + CPF

Monthly instalment

S$6,062/mo

30y @ 3.5%

Income required

S$13,177/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Boon Teck Tower?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Boon Teck Tower sits — in the last 12 months, across all property types.

Active agents · 12mo

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 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 Boon Teck Tower? Ask before you commit.

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

PropKaki
Is Boon Teck Tower a good buy, and what are units selling for?

Recent units at Boon Teck Tower sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Boon Teck Tower

Is Boon Teck Tower freehold?

Yes. Boon Teck Tower is freehold, so ownership does not run out.

How old is Boon Teck Tower?

Boon Teck Tower was completed (obtained TOP) in 1984, so it is about 42 years old.

Is Boon Teck Tower a good investment?

Of 28 units at Boon Teck Tower that were bought and later resold (bought from 1995, resold up to 2020), 86% sold for more than they were bought for, with a median gain of 34% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.8%. Units listed now ask about 34% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Boon Teck Tower an EC?

No. Boon Teck Tower is a private condominium, not an executive condominium (EC).

Who is the developer of Boon Teck Tower?

Boon Teck Tower was developed by GLORY REALTY CO. PTE LTD (FAR EAST ORGANISATION).

What is the price of a condo at Boon Teck Tower?

Units at Boon Teck Tower have recently sold for around S$1.80M (S$1,086 psf), the median of the last 12 URA caveats to Jan 2026. The price depends on size, floor and facing. 5 units are listed for sale from S$2.38M to S$2.50M.

Where is Boon Teck Tower located?

Boon Teck Tower is at 41 Boon Teck Road, Singapore 329608, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 630 m away.

How many units are there in Boon Teck Tower?

Boon Teck Tower has 78 units in 1 block.

How much do I need to earn to buy at Boon Teck Tower?

For a unit around S$1.80M as a first home, you'd need roughly S$13,177/mo in income (assessed at the stress-test rate), with repayments near S$6,062/mo after a S$450k (25%) downpayment and S$59,600 Buyer's Stamp Duty.

Are prices at Boon Teck Tower going up?

The median price per square foot at Boon Teck Tower has risen about 109% between 2001 and 2020, based on URA caveats. The year-by-year figures are in the price-trend table above.