PropKaki
FreeholdRCRDistrict 12 (Novena)

Le Shantier

Reviewed by Nathan TangUpdated 20 June 2026Data through Dec 2025 (URA)
Quick Summary

Le Shantier is a freehold apartment in District 12 (Novena) that obtained TOP in 1997, with 32 units across 2 blocks. Units have recently transacted around S$1.80M (S$1,065 psf), from 52 sales on record.

1

What are the key facts about Le Shantier?

Key Takeaway

Le Shantier is a freehold apartment in District 12 (Novena) that obtained TOP in 1997, with 32 units across 2 blocks.

Tenure
Freehold
TOP / Completion
1997
Developer
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Total units
32
Blocks
2
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,065 psf
Last transacted
Dec 2025
Remaining lease
Freehold
2

What is the price and PSF at Le Shantier?

Key Takeaway

Units have recently transacted around S$1.80M (S$1,065 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$1.80M

recent · 52 sales on record

Median PSF

S$1,065 psf

recent transactions

Median rent (monthly)

S$2,851

75 rentals on record

Gross rental yield

1.9%

indicative, gross

Source: URA caveat data, through Dec 2025.

3

What has recently sold at Le Shantier?

Key Takeaway

Le Shantier has 52 recorded sales; the most recent transacted at S$2,600,888 in Dec 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Dec 2025S$2,600,8881,690S$1,539 psf
Aug 2023S$2,600,3881,690S$1,539 psf
Jul 2022S$1,890,0001,690S$1,118 psf
Aug 2021S$1,950,0001,690S$1,154 psf
Oct 2020S$1,860,0001,690S$1,101 psf
Oct 2019S$1,780,0001,690S$1,053 psf
Sept 2019S$1,800,0001,690S$1,065 psf
Sept 2019S$1,800,0001,690S$1,065 psf
Aug 2017S$1,750,0001,690S$1,036 psf
Nov 2012S$1,740,0001,690S$1,030 psf
May 2011S$1,550,0001,690S$917 psf
Apr 2011S$1,375,0001,690S$814 psf

52 sales and 75 rentals on record since Jan 1998. Source: URA.

4

Where is Le Shantier and what's nearby?

Key Takeaway

Le Shantier is located in Novena, in the Central Region of Singapore.

Le Shantier is a freehold apartment completed in 1997. It was developed by OVERSEA-CHINESE BANKING CORPORATION LIMITED. The development has 32 residential units. It sits on a land area of 2,591 sqm and has a gross floor area of 7,254 sqm. The plot ratio is 2.8.

LE SHANTIER is located at 4 Shan Road, Singapore 328106. 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 Novena MRT, approximately 672m 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 Novena Rise Pk for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Playground, 24 hours security, and Swimming pool.

5

How far is Le Shantier from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Le Shantier is Novena MRT, about 672 m away (~11 min walk). 3 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km821 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority908 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority929 m
  • Northlight SchoolSecondary school1.3 km
  • Kheng Cheng SchoolPrimary school1.3 km
  • Catholic Junior CollegeJunior college1.3 km
  • Hong Wen SchoolPrimary school1.3 km
  • Anglo-Chinese School (Barker Road)Secondary school1.4 km

Shops, food & parks

Mall: Square 2 · 629 mSupermarket: NTUC Fairprice Co-operative Ltd · 133 mHawker centre: Blks 91/92 Whampoa Drive # · 878 mPark: Novena Rise Pk · 432 m

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

6

What facilities does Le Shantier have?

Key Takeaway

Le Shantier has 5 facilities, including Barbeque Area, Covered car park, Playground, 24 hours security, and more.

Barbeque AreaCovered car parkPlayground24 hours securitySwimming pool
7

What does it cost to own a unit at Le Shantier?

Key Takeaway

Buying a unit at Le Shantier (~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

8

Frequently asked questions about Le Shantier

What is the price at Le Shantier?

Units at Le Shantier have recently transacted around S$1.80M (S$1,065 psf), from 52 sales on record (URA caveat data).

Is Le Shantier freehold or leasehold?

Le Shantier is freehold.

When was Le Shantier built?

Le Shantier obtained TOP in 1997, developed by OVERSEA-CHINESE BANKING CORPORATION LIMITED.

What is the rental yield at Le Shantier?

Gross rental yield at Le Shantier is about 1.9%, based on median current rents and prices.

How many units are in Le Shantier?

Le Shantier has 32 units across 2 blocks.

What facilities does Le Shantier have?

Le Shantier has 5 facilities, including Barbeque Area, Covered car park, Playground, 24 hours security, Swimming pool.

What is the nearest MRT to Le Shantier?

The nearest MRT/LRT station to Le Shantier is Novena MRT, about 672 m away (~11 min walk).

Which primary schools are within 1 km of Le Shantier?

St. Joseph's Institution Junior, Chij Primary (Toa Payoh) are within 1 km of Le Shantier — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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