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 4 units for sale from S$2.75M to S$4.90M.
What are the key facts about 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.
- Tenure
- Freehold
- TOP / Completion
- 2007
- Developer
- SHERWOOD DEVELOPMENT PTE LTD
- Total units
- 126
- Blocks
- 1
- District / Area
- District 9 (River Valley)
- Market segment
- CCR
- Median PSF
- S$496 psf
- Last transacted
- Oct 1999
- Remaining lease
- Freehold
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$3,322 psf — about 570% 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.
How many property agents are active around Chen Yuan Building?
8,302 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
8,302
District 9 · closed ≥1 deal
Deals on record
67,330
all-time · all property types
Source: CEA public transaction records, attributed to District 9across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Chen Yuan Building?
Chen Yuan Building has 4 units listed for sale, spanning 2–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 2 | S$2.75M–S$2.75M | — |
| 4-bedroom | 2 | S$4.89M–S$4.90M | S$3,322 psf |
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.
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
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.
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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
How much does a unit at Chen Yuan Building cost?⌄
Units at Chen Yuan Building have recently transacted around S$1.32M (S$496 psf), from 7 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Chen Yuan Building a good investment?⌄
current asking prices sit about 570% above the most recent transacted PSF; median PSF has fallen about 6% since 1995. 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 Chen Yuan Building going up?⌄
The median transacted PSF at Chen Yuan Building has fallen about 6% between 1995 and 1999, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Chen Yuan Building freehold or leasehold?⌄
Chen Yuan Building is freehold — ownership does not expire.
When was Chen Yuan Building built and who developed it?⌄
Chen Yuan Building obtained TOP in 2007, developed by SHERWOOD DEVELOPMENT PTE LTD, with 126 units across 1 block.
How many units are for sale at Chen Yuan Building?⌄
There are 4 units for sale at Chen Yuan Building, from S$2.75M to S$4.90M.
What is the nearest MRT to Chen Yuan Building?⌄
The nearest MRT/LRT station to Chen Yuan Building is Great World MRT, about 483 m away (~8 min walk).
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 qualify for Primary 1 (P1) registration priority.