Gem Residences
Gem Residences is a 99-year condominium in District 12 (Toa Payoh) that obtained TOP in 2019, with 578 units across 2 blocks. Across 790 transactions on record, units have recently transacted around S$1.52M (S$2,008 psf, ~775 sqft). There are 68 units for sale from S$889k to S$2.90M. The lease has approximately 88 years remaining.
What are the key facts about Gem Residences?
Gem Residences is a 99-year condominium in District 12 (Toa Payoh) that obtained TOP in 2019, with 578 units across 2 blocks.
- Tenure
- 99-year
- TOP / Completion
- 2019
- Developer
- GEM HOMES PTE LTD
- Total units
- 578
- Blocks
- 2
- District / Area
- District 12 (Toa Payoh)
- Market segment
- RCR
- Median PSF
- S$2,008 psf
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 88 years
What is the price and PSF at Gem Residences?
Units have recently transacted around S$1.52M (S$2,008 psf), at a gross rental yield of about 2.7% (URA caveat data).
Recent median price
S$1.52M
recent · 790 sales on record
Median PSF
S$2,008 psf
recent transactions
Median rent (monthly)
S$3,381
1,261 rentals on record
Gross rental yield
2.7%
indicative, gross
Units currently for sale are asking a median of S$2,105 psf — about 5% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2026.
What has recently sold at Gem Residences?
Gem Residences has 790 recorded sales; the most recent transacted at S$1,460,000 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2026 | S$1,460,000 | 678 | S$2,153 psf |
| Jun 2026 | S$1,540,000 | 775 | S$1,987 psf |
| Jun 2026 | S$2,040,000 | 936 | S$2,178 psf |
| May 2026 | S$908,000 | 452 | S$2,008 psf |
| May 2026 | S$880,000 | 452 | S$1,947 psf |
| Apr 2026 | S$1,990,000 | 936 | S$2,125 psf |
| Apr 2026 | S$2,120,000 | 947 | S$2,238 psf |
| Apr 2026 | S$1,965,000 | 947 | S$2,074 psf |
| Apr 2026 | S$2,388,000 | 1,055 | S$2,264 psf |
| Apr 2026 | S$903,000 | 484 | S$1,864 psf |
| Mar 2026 | S$1,520,000 | 775 | S$1,961 psf |
| Mar 2026 | S$1,358,888 | 678 | S$2,004 psf |
790 sales and 1,261 rentals on record since May 2016. Source: URA.
Are prices at Gem Residences rising?
The median transacted PSF at Gem Residences has risen 33% over the past 9 years (2017–2026), from S$1,506 psf to S$2,008 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$2,008 psf | S$1.52M | 19 | +2.8% |
| 2025 | S$1,954 psf | S$1.70M | 32 | +1.3% |
| 2024 | S$1,928 psf | S$1.33M | 32 | +5.1% |
| 2023 | S$1,834 psf | S$1.43M | 38 | +4.3% |
| 2022 | S$1,759 psf | S$1.53M | 44 | +4.9% |
| 2021 | S$1,677 psf | S$1.19M | 39 | +2.9% |
| 2020 | S$1,630 psf | S$950k | 7 | +2.5% |
| 2019 | S$1,590 psf | S$1.93M | 7 | +4.6% |
| 2018 | S$1,520 psf | S$1.74M | 104 | +0.9% |
| 2017 | S$1,506 psf | S$1.41M | 165 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Gem Residences?
6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Gem Residences sits — in the last 12 months, across all property types.
Active agents · 12mo
6,316
District 12 · closed ≥1 deal
Deals on record
24,253
all-time · all property types
Source: CEA public transaction records, attributed to District 12across 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 Gem Residences?
Gem Residences has 68 units listed for sale, spanning 1–5-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 13 | S$889k–S$920k | S$1,839 psf |
| 2-bedroom | 37 | S$1.10M–S$1.62M | S$2,140 psf |
| 3-bedroom | 11 | S$1.83M–S$2.90M | S$1,867 psf |
| 4-bedroom | 2 | S$2.86M–S$2.86M | — |
| 5-bedroom | 5 | S$2.77M–S$2.89M | S$2,110 psf |
Where is Gem Residences and what's nearby?
Gem Residences is located in Toa Payoh, in the Central Region of Singapore.
Gem Residences is a 99-year condominium completed in 2019. It was developed by GEM HOMES PTE LTD. The development has 578 residential units. It sits on a land area of 12,155 sqm and has a gross floor area of 42,541 sqm. The plot ratio is 3.5.
GEM RESIDENCES is located at 1 Lorong 5 Toa Payoh, Singapore 319458. It is part of District 12, Balestier / Toa Payoh / Serangoon, Toa Payoh. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Braddell MRT, approximately 508m away, around 8 minutes on foot. Nearby amenities include Junction 8 for shopping, LIN POH LING for groceries, and Blk 93 Toa Payoh Lorong 4 for food options. Facilities in the development include Adult Fitness Stations, Barbeque Area, Basement car park, Car Park, Children's Playground, and Clubhouse.
Who built Gem Residences and how big is the development?
Gem Residences was developed by GEM HOMES PTE LTD, with 578 units over up to 38 storeys.
- Developer
- GEM HOMES PTE LTD
- Floors
- 38 storeys
- Blocks
- 2
- Land area
- 12,155 sqm (130,835 sqft)
- Gross floor area
- 42,541 sqm (457,907 sqft)
- Plot ratio
- 3.50
How far is Gem Residences from MRT and schools?
The nearest MRT/LRT to Gem Residences is Braddell MRT, about 508 m away (~8 min walk). 6 schools are within 1 km, including 3 primary schools.
Getting around
- Braddell MRT508 m · ~8 min
- Toa Payoh MRT853 m · ~13 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Beatty Secondary SchoolSecondary schoolwithin 1 km297 m
- First Toa Payoh Primary SchoolPrimary schoolwithin 1 km · P1 priority491 m
- Kheng Cheng SchoolPrimary schoolwithin 1 km · P1 priority505 m
- Pei Chun Public SchoolPrimary schoolwithin 1 km · P1 priority532 m
- Guangyang Secondary SchoolSecondary schoolwithin 1 km575 m
- Raffles Girls' School (Secondary)Secondary schoolwithin 1 km953 m
- Raffles InstitutionMixed-level school1.1 km
- Chij Secondary (Toa Payoh)Secondary school1.2 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Gem Residences have?
Gem Residences has 22 facilities, including Adult Fitness Stations, Barbeque Area, Basement car park, Car Park, and more.
What does it cost to own a unit at Gem Residences?
Buying a unit at Gem Residences (~S$1.52M) needs about S$11,127/mo in income and S$5,119/mo in repayments, after S$45,600 stamp duty and a S$380k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.52M) 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$45,600
BSD, tiered
Downpayment (25%)
S$380k
cash + CPF
Monthly instalment
S$5,119/mo
30y @ 3.5%
Income required
S$11,127/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 Gem Residences? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Gem Residences's own transactions.
PropKakiRecent units at Gem Residences sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Gem Residences
How much does a unit at Gem Residences cost?⌄
Units at Gem Residences have recently transacted around S$1.52M (S$2,008 psf), from 790 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Gem Residences?⌄
For a unit around S$1.52M as a first home, you'd need roughly S$11,127/mo in income (assessed at the stress-test rate), with repayments near S$5,119/mo after a S$380k (25%) downpayment and S$45,600 Buyer's Stamp Duty.
Is Gem Residences a good investment?⌄
Gross rental yield is about 2.7%, and current asking prices sit about 5% above the most recent transacted PSF; median PSF has risen about 33% since 2017. 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 Gem Residences going up?⌄
The median transacted PSF at Gem Residences has risen about 33% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Gem Residences freehold or leasehold?⌄
Gem Residences is 99-year, with approximately 88 years remaining on the lease.
When was Gem Residences built and who developed it?⌄
Gem Residences obtained TOP in 2019, developed by GEM HOMES PTE LTD, with 578 units across 2 blocks.
How many units are for sale at Gem Residences?⌄
There are 68 units for sale at Gem Residences, from S$889k to S$2.90M.
What is the nearest MRT to Gem Residences?⌄
The nearest MRT/LRT station to Gem Residences is Braddell MRT, about 508 m away (~8 min walk).
Which primary schools are within 1 km of Gem Residences?⌄
First Toa Payoh Primary School, Kheng Cheng School, Pei Chun Public School are within 1 km of Gem Residences — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.