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 795 transactions on record, units have recently transacted around S$1.44M (S$2,016 psf, ~678 sqft). There are 91 units for sale from S$889k to S$2.90M. The lease has approximately 88 years remaining.
| Tenure | 99-year leasehold from 2015 (≈88 years left) |
|---|---|
| TOP year | 2019 |
| Developer | GEM HOMES PTE LTD |
| Units | 578 in 2 blocks |
| District and area | District 12 · Toa Payoh · RCR |
| Nearest MRT | Braddell MRT, 508 m (~8 min walk) |
| Latest median psf | S$2,016 psf, last 12 URA caveats to Aug 2026 |
What's for sale and for rent at Gem Residences?
Gem Residences has 91 units listed for sale, asking S$889k to S$2.90M (median S$2,152 psf), and 71 units for rent at a median of S$3,200 a month.
For sale
91 listings
S$889k – S$2.90M
For rent
71 listings
S$2,200 – S$5,600 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 24 | S$889k–S$1.00M | S$1,860 psf |
| 2-bedroom | 35 | S$1.10M–S$1.65M | S$2,152 psf |
| 3-bedroom | 20 | S$1.85M–S$2.90M | S$2,350 psf |
| 4-bedroom | 2 | S$2.87M–S$2.87M | — |
| 5-bedroom | 10 | S$2.77M–S$2.89M | S$2,200 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Gem Residences?
Floor plans for Gem Residences aren't in PropKaki's library yet. Across 795 URA caveats, units range from 452 sqft to 2,045 sqft, and the middle half are 570 sqft to 980 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 452 sqft to 484 sqft | S$889k · S$1,860 psf |
| 2-bedroom | 570 sqft to 775 sqft | S$1.10M · S$2,152 psf |
| 3-bedroom | 936 sqft to 1,130 sqft | S$1.85M · S$2,350 psf |
| 4-bedroom | 1,251 sqft | S$2.87M |
| 5-bedroom | 1,313 sqft | S$2.77M · S$2,200 psf |
Check the Floor Plan Finder for Gem Residences →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Gem Residences?
Units have recently transacted around S$1.44M (S$2,016 psf), at a gross rental yield of about 2.9% (URA caveat data).
Recent median price
S$1.44M
recent · 795 sales on record
Median PSF
S$2,016 psf
recent transactions
Median rent (monthly)
S$3,420
1,288 rentals on record
Gross rental yield
2.9%
indicative, gross
Units currently for sale are asking a median of S$2,152 psf — about 7% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2026.
What has recently sold at Gem Residences?
Gem Residences has 795 recorded sales; the most recent transacted at S$1,285,000 in Aug 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2026 | S$1,285,000 | 678 | S$1,895 psf |
| Aug 2026 | S$2,068,000 | 947 | S$2,183 psf |
| Aug 2026 | S$1,150,000 | 570 | S$2,016 psf |
| Aug 2026 | S$1,080,000 | 570 | S$1,893 psf |
| Jul 2026 | S$1,435,000 | 678 | S$2,116 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 |
795 sales and 1,288 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$1.44M | 24 | +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.
Is Gem Residences a good investment?
Of 217 units at Gem Residences that were bought and later resold (bought from 2016, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 22% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 7% 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
100%
of 217 resales here
Median gain
22%
gross, before costs
Median hold
5.9 years
bought to resold
Every unit at Gem Residences with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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$1.44M) needs about S$10,505/mo in income and S$4,833/mo in repayments, after S$42,000 stamp duty and a S$359k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.44M) 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$42,000
BSD, tiered
Downpayment (25%)
S$359k
cash + CPF
Monthly instalment
S$4,833/mo
30y @ 3.5%
Income required
S$10,505/mo
TDSR @ stress rate
How many property agents are active around Gem Residences?
6,318 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
6,318
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.
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
Is Gem Residences freehold?⌄
No. Gem Residences is on a 99-year lease that started in 2015, with about 88 years left.
How old is Gem Residences?⌄
Gem Residences was completed (obtained TOP) in 2019, so it is about 7 years old.
Is Gem Residences a good investment?⌄
Of 217 units at Gem Residences that were bought and later resold (bought from 2016, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 22% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Gem Residences an EC?⌄
No. Gem Residences is a private condominium, not an executive condominium (EC).
Who is the developer of Gem Residences?⌄
Gem Residences was developed by GEM HOMES PTE LTD.
What is the price of a condo at Gem Residences?⌄
Units at Gem Residences have recently sold for around S$1.44M (S$2,016 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 91 units are listed for sale from S$889k to S$2.90M.
Where is Gem Residences located?⌄
Gem Residences is at 1 Lorong 5 Toa Payoh, Singapore 319458, in Toa Payoh (District 12). The nearest MRT station is Braddell MRT, about 508 m away.
How many units are there in Gem Residences?⌄
Gem Residences has 578 units in 2 blocks, up to 38 storeys high.
How much do I need to earn to buy at Gem Residences?⌄
For a unit around S$1.44M as a first home, you'd need roughly S$10,505/mo in income (assessed at the stress-test rate), with repayments near S$4,833/mo after a S$359k (25%) downpayment and S$42,000 Buyer's Stamp Duty.
Are prices at Gem Residences going up?⌄
The median price per square foot at Gem Residences has risen about 33% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.