Le Shantier
Le Shantier is a freehold apartment in District 12 (Novena) that obtained TOP in 1997, with 32 units across 2 blocks. Across 52 transactions on record, units have recently transacted around S$1.80M (S$1,065 psf, ~1,690 sqft).
What are the key facts about Le Shantier?
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
What is the price and PSF at Le Shantier?
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$2,888
76 rentals on record
Gross rental yield
1.9%
indicative, gross
Source: URA caveat data, through Dec 2025.
What has recently sold at Le Shantier?
Le Shantier has 52 recorded sales; the most recent transacted at S$2,600,888 in Dec 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Dec 2025 | S$2,600,888 | 1,690 | S$1,539 psf |
| Aug 2023 | S$2,600,388 | 1,690 | S$1,539 psf |
| Jul 2022 | S$1,890,000 | 1,690 | S$1,118 psf |
| Aug 2021 | S$1,950,000 | 1,690 | S$1,154 psf |
| Oct 2020 | S$1,860,000 | 1,690 | S$1,101 psf |
| Oct 2019 | S$1,780,000 | 1,690 | S$1,053 psf |
| Sept 2019 | S$1,800,000 | 1,690 | S$1,065 psf |
| Sept 2019 | S$1,800,000 | 1,690 | S$1,065 psf |
| Aug 2017 | S$1,750,000 | 1,690 | S$1,036 psf |
| Nov 2012 | S$1,740,000 | 1,690 | S$1,030 psf |
| May 2011 | S$1,550,000 | 1,690 | S$917 psf |
| Apr 2011 | S$1,375,000 | 1,690 | S$814 psf |
52 sales and 76 rentals on record since Jan 1998. Source: URA.
Are prices at Le Shantier rising?
The median transacted PSF at Le Shantier has risen 151% over the past 21 years (1998–2019), from S$425 psf to S$1,065 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2019 | S$1,065 psf | S$1.80M | 3 | +30.8% |
| 2011 | S$814 psf | S$1.38M | 2 | +42.1% |
| 2007 | S$573 psf | S$968k | 2 | +29.1% |
| 2006 | S$444 psf | S$750k | 5 | -25.0% |
| 2001 | S$592 psf | S$1.00M | 2 | +33.3% |
| 1999 | S$444 psf | S$750k | 2 | +4.5% |
| 1998 | S$425 psf | S$725k | 26 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Le Shantier?
6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Le Shantier 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 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Le Shantier and what's nearby?
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.
Who built Le Shantier and how big is the development?
Le Shantier was developed by OVERSEA-CHINESE BANKING CORPORATION LIMITED, with 32 units over up to 10 storeys.
- Developer
- OVERSEA-CHINESE BANKING CORPORATION LIMITED
- Floors
- 10 storeys
- Blocks
- 2
- Land area
- 2,591 sqm (27,889 sqft)
- Gross floor area
- 7,254 sqm (78,081 sqft)
- Plot ratio
- 2.80
How far is Le Shantier from MRT and schools?
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
- Novena MRT672 m · ~11 min
- Toa Payoh MRT763 m · ~12 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Le Shantier have?
Le Shantier has 5 facilities, including Barbeque Area, Covered car park, Playground, 24 hours security, and more.
What does it cost to own a unit at Le Shantier?
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
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 Le Shantier? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Le Shantier's own transactions.
PropKakiRecent units at Le Shantier sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Le Shantier
How much does a unit at Le Shantier cost?⌄
Units at Le Shantier have recently transacted around S$1.80M (S$1,065 psf), from 52 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Le Shantier?⌄
For a unit around S$1.80M as a first home, you'd need roughly S$13,177/mo in income (assessed at the stress-test rate), with repayments near S$6,062/mo after a S$450k (25%) downpayment and S$59,600 Buyer's Stamp Duty.
Is Le Shantier a good investment?⌄
Gross rental yield is about 1.9%; median PSF has risen about 151% since 1998. 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 Le Shantier going up?⌄
The median transacted PSF at Le Shantier has risen about 151% between 1998 and 2019, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Le Shantier freehold or leasehold?⌄
Le Shantier is freehold — ownership does not expire.
When was Le Shantier built and who developed it?⌄
Le Shantier obtained TOP in 1997, developed by OVERSEA-CHINESE BANKING CORPORATION LIMITED, with 32 units across 2 blocks.
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.