Chen Yuan Building
Chen Yuan Building is a freehold apartment in District 9 (River Valley) that obtained TOP in 2007, with 126 units across 1 block. Across 7 transactions on record, units have recently transacted around S$1.32M (S$496 psf, ~2,659 sqft). There are 5 units for sale from S$2.55M to S$4.90M.
| Tenure | Freehold |
|---|---|
| TOP year | 2007 |
| Developer | SHERWOOD DEVELOPMENT PTE LTD |
| Units | 126 in 1 block |
| District and area | District 9 · River Valley · CCR |
| Nearest MRT | Great World MRT, 483 m (~8 min walk) |
| Latest median psf | S$496 psf, last 7 URA caveats to Oct 1999 |
What's for sale and for rent at Chen Yuan Building?
Chen Yuan Building has 5 units listed for sale, asking S$2.55M to S$4.90M (median S$2,634 psf), and 3 units for rent at a median of S$8,000 a month.
For sale
5 listings
S$2.55M – S$4.90M
For rent
3 listings
S$6,100 – S$9,800 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 3 | S$2.55M–S$2.75M | S$2,634 psf |
| 3-bedroom | 1 | S$3.89M–S$3.89M | — |
| 4-bedroom | 1 | S$4.90M–S$4.90M | S$3,322 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Chen Yuan Building?
Floor plans for Chen Yuan Building aren't in PropKaki's library yet. Across 7 URA caveats, units range from 2,659 sqft to 2,659 sqft, and the middle half are 2,659 sqft to 2,659 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 1,044 sqft | S$2.55M · S$2,634 psf |
| 3-bedroom | 1,313 sqft | S$3.89M |
| 4-bedroom | 1,475 sqft | S$4.90M · S$3,322 psf |
Check the Floor Plan Finder for Chen Yuan Building →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Chen Yuan Building?
Units have recently transacted around S$1.32M (S$496 psf) (URA caveat data).
Recent median price
S$1.32M
recent · 7 sales on record
Median PSF
S$496 psf
recent transactions
Median rent (monthly)
—
0 rentals on record
Gross rental yield
—
indicative, gross
Units currently for sale are asking a median of S$2,634 psf — about 431% above the most recent transacted PSF.
Source: URA caveat data, through Oct 1999.
What has recently sold at Chen Yuan Building?
Chen Yuan Building has 7 recorded sales; the most recent transacted at S$1,200,000 in Oct 1999 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Oct 1999 | S$1,200,000 | 2,659 | S$451 psf |
| May 1999 | S$1,100,000 | 2,659 | S$414 psf |
| May 1996 | S$1,850,000 | 2,659 | S$696 psf |
| May 1996 | S$1,638,000 | 2,659 | S$616 psf |
| Apr 1996 | S$1,600,000 | 2,659 | S$602 psf |
| Feb 1995 | S$1,168,000 | 2,659 | S$439 psf |
| Jan 1995 | S$1,320,000 | 2,659 | S$496 psf |
7 sales and 0 rentals on record since Jan 1995. Source: URA.
Are prices at Chen Yuan Building rising?
The median transacted PSF at Chen Yuan Building has fallen 6% over the past 4 years (1995–1999), from S$439 psf to S$414 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 1999 | S$414 psf | S$1.10M | 2 | -32.8% |
| 1996 | S$616 psf | S$1.64M | 3 | +40.3% |
| 1995 | S$439 psf | S$1.17M | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Chen Yuan Building a good investment?
Chen Yuan Building has no resales on record yet, so it has no track record of its own. Across District 9, 80% of 13,754 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 19% over a median 5.9-year hold (URA caveats, before costs). Units listed now ask about 431% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
District 9 sold for more
80%
of 13,754 private resales
Median gain
19%
gross, before costs
Median hold
5.9 years
bought to resold
Chen Yuan Building has fewer than 10 matched resales, so the figures are for District 9 as a whole. Check the odds for your unit size and holding period →
Where is Chen Yuan Building and what's nearby?
Chen Yuan Building is located in River Valley, in the Central Region of Singapore.
Chen Yuan Building is a freehold apartment completed in 2007. It was developed by SHERWOOD DEVELOPMENT PTE LTD. The development has 126 residential units. It sits on a land area of 5,513 sqm and has a gross floor area of 15,374 sqm. The plot ratio is 2.79.
CHEN YUAN BUILDING is located at 1 River Valley Close, Singapore 238427. It is part of District 09, Orchard / Cairnhill / River Valley, River Valley. The project falls within the Central Region and the CCR market segment.
The nearest rail connection is Great World MRT, approximately 483m away, around 8 minutes on foot. Nearby amenities include Robertson Walk for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 1 Jalan Kukoh for food options, and Kim Seng Pk for greenery and recreation.
How far is Chen Yuan Building from MRT and schools?
The nearest MRT/LRT to Chen Yuan Building is Great World MRT, about 483 m away (~8 min walk). 1 school is within 1 km, including 1 primary school.
Getting around
- Great World MRT483 m · ~8 min
- Somerset MRT588 m · ~9 min
- Fort Canning MRT771 m · ~12 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority253 m
- School Of The Arts, SingaporeMixed-level school1.3 km
- St. Margaret's School (Primary)Primary school1.3 km
- Alexandra Primary SchoolPrimary school1.6 km
- Anglo-Chinese School (Junior)Primary school1.6 km
- Gan Eng Seng SchoolSecondary school1.7 km
- Zhangde Primary SchoolPrimary school1.8 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Chen Yuan Building and how big is the development?
Chen Yuan Building was developed by SHERWOOD DEVELOPMENT PTE LTD, with 126 units.
- Developer
- SHERWOOD DEVELOPMENT PTE LTD
- Blocks
- 1
- Land area
- 5,513 sqm (59,341 sqft)
- Gross floor area
- 15,374 sqm (165,484 sqft)
- Plot ratio
- 2.79
What does it cost to own a unit at Chen Yuan Building?
Buying a unit at Chen Yuan Building (~S$1.32M) needs about S$9,663/mo in income and S$4,446/mo in repayments, after S$37,400 stamp duty and a S$330k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.32M) 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$37,400
BSD, tiered
Downpayment (25%)
S$330k
cash + CPF
Monthly instalment
S$4,446/mo
30y @ 3.5%
Income required
S$9,663/mo
TDSR @ stress rate
How many property agents are active around Chen Yuan Building?
8,303 CEA-registered agents closed at least one recorded deal in District 9 — where Chen Yuan Building sits — in the last 12 months, across all property types.
Active agents · 12mo
8,303
District 9 · closed ≥1 deal
Deals on record
67,358
all-time · all property types
Source: CEA public transaction records, attributed to District 9 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Chen Yuan Building? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Chen Yuan Building's own transactions.
PropKakiRecent units at Chen Yuan Building sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Chen Yuan Building
Is Chen Yuan Building freehold?⌄
Yes. Chen Yuan Building is freehold, so ownership does not run out.
How old is Chen Yuan Building?⌄
Chen Yuan Building was completed (obtained TOP) in 2007, so it is about 19 years old.
Is Chen Yuan Building a good investment?⌄
Chen Yuan Building has no resales on record yet, so it has no track record of its own. Across District 9, 80% of 13,754 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 19% over a median 5.9-year hold (URA caveats, before costs). Units listed now ask about 431% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Chen Yuan Building an EC?⌄
No. Chen Yuan Building is a private apartment development, not an executive condominium (EC).
Who is the developer of Chen Yuan Building?⌄
Chen Yuan Building was developed by SHERWOOD DEVELOPMENT PTE LTD.
What is the price of a condo at Chen Yuan Building?⌄
Units at Chen Yuan Building have recently sold for around S$1.32M (S$496 psf), the median of the last 7 URA caveats to Oct 1999. The price depends on size, floor and facing. 5 units are listed for sale from S$2.55M to S$4.90M.
Where is Chen Yuan Building located?⌄
Chen Yuan Building is at 1 River Valley Close, Singapore 238427, in River Valley (District 9). The nearest MRT station is Great World MRT, about 483 m away.
How many units are there in Chen Yuan Building?⌄
Chen Yuan Building has 126 units in 1 block.
How much do I need to earn to buy at Chen Yuan Building?⌄
For a unit around S$1.32M as a first home, you'd need roughly S$9,663/mo in income (assessed at the stress-test rate), with repayments near S$4,446/mo after a S$330k (25%) downpayment and S$37,400 Buyer's Stamp Duty.
Are prices at Chen Yuan Building going up?⌄
The median price per square foot at Chen Yuan Building has fallen about 6% between 1995 and 1999, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Chen Yuan Building?⌄
River Valley Primary School is within 1 km of Chen Yuan Building. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.