Nicon Gardens
Nicon Gardens is a 99-year condominium in District 23 (Bukit Batok) that obtained TOP in 1984, with 47 units across 47 blocks. Across 57 transactions on record, units have recently transacted around S$1.35M (S$671 psf, ~2,013 sqft). There are 6 units for sale from S$1.94M to S$2.85M. The lease has approximately 54 years remaining.
| Tenure | 99-year leasehold from 1981 (≈54 years left) |
|---|---|
| TOP year | 1984 |
| Developer | CHOA CHU KANG LAND LTD (PIDEMCO LAND LTD) |
| Units | 47 in 47 blocks |
| District and area | District 23 · Bukit Batok · OCR |
| Nearest MRT | Phoenix LRT, 192 m (~3 min walk) |
| Latest median psf | S$671 psf, last 12 URA caveats to Jun 2026 |
What's for sale and for rent at Nicon Gardens?
Nicon Gardens has 6 units listed for sale, asking S$1.94M to S$2.85M (median S$963 psf), and 0 units for rent.
For sale
6 listings
S$1.94M – S$2.85M
For rent
0 listings
no asking rents
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 4-bedroom | 4 | S$1.94M–S$2.50M | S$963 psf |
| 5-bedroom | 2 | S$2.85M–S$2.85M | S$1,471 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Nicon Gardens?
Floor plans for Nicon Gardens aren't in PropKaki's library yet. Across 57 URA caveats, units range from 1,938 sqft to 2,077 sqft, and the middle half are 1,991 sqft to 2,013 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 4-bedroom | 1,936 sqft to 2,013 sqft | S$1.94M · S$963 psf |
| 5-bedroom | 1,938 sqft | S$2.85M · S$1,471 psf |
Check the Floor Plan Finder for Nicon Gardens →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Nicon Gardens?
Units have recently transacted around S$1.35M (S$671 psf), at a gross rental yield of about 2.8% (URA caveat data).
Recent median price
S$1.35M
recent · 57 sales on record
Median PSF
S$671 psf
recent transactions
Median rent (monthly)
S$3,094
32 rentals on record
Gross rental yield
2.8%
indicative, gross
Units currently for sale are asking a median of S$963 psf — about 44% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at Nicon Gardens?
Nicon Gardens has 57 recorded sales; the most recent transacted at S$1,792,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$1,792,000 | 2,013 | S$890 psf |
| Dec 2024 | S$1,850,000 | 1,991 | S$929 psf |
| Nov 2024 | S$1,850,000 | 1,991 | S$929 psf |
| Oct 2024 | S$1,848,800 | 2,013 | S$918 psf |
| Jun 2024 | S$1,800,000 | 1,991 | S$904 psf |
| Nov 2021 | S$1,200,000 | 2,013 | S$596 psf |
| Oct 2021 | S$1,455,000 | 2,013 | S$723 psf |
| Jun 2020 | S$1,280,000 | 1,991 | S$643 psf |
| Mar 2020 | S$1,350,000 | 2,013 | S$671 psf |
| Dec 2019 | S$1,310,000 | 2,013 | S$651 psf |
| Jun 2019 | S$1,230,000 | 2,013 | S$611 psf |
| Jun 2019 | S$1,320,000 | 2,077 | S$635 psf |
57 sales and 32 rentals on record since Jan 1995. Source: URA.
Are prices at Nicon Gardens rising?
The median transacted PSF at Nicon Gardens has risen 281% over the past 18 years (2006–2024), from S$241 psf to S$918 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2024 | S$918 psf | S$1.85M | 4 | +54.0% |
| 2021 | S$596 psf | S$1.20M | 2 | -7.3% |
| 2020 | S$643 psf | S$1.28M | 2 | -0.3% |
| 2019 | S$645 psf | S$1.31M | 5 | +7.0% |
| 2016 | S$603 psf | S$1.21M | 3 | -11.5% |
| 2015 | S$681 psf | S$1.32M | 3 | -0.3% |
| 2012 | S$683 psf | S$1.36M | 5 | +102.1% |
| 2009 | S$338 psf | S$680k | 2 | +21.6% |
| 2007 | S$278 psf | S$560k | 3 | +15.4% |
| 2006 | S$241 psf | S$485k | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Nicon Gardens a good investment?
Of 30 units at Nicon Gardens that were bought and later resold (bought from 1995, resold up to 2026), 77% sold for more than they were bought for, with a median gain of 52% over a median 6.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Units listed now ask about 44% 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
77%
of 30 resales here
Median gain
52%
gross, before costs
Median hold
6.1 years
bought to resold
Every unit at Nicon Gardens 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 Nicon Gardens and what's nearby?
Nicon Gardens is located in Bukit Batok, in the West Region of Singapore.
Nicon Gardens is a 99-year condominium completed in 1984. It was developed by CHOA CHU KANG LAND LTD (PIDEMCO LAND LTD). The development has 47 residential units. It sits on a land area of 15,290 sqm.
NICON GARDENS is located at 69E Choa Chu Kang Road, Singapore 689388. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang, Bukit Batok. The project falls within the West Region and the OCR market segment.
The nearest rail connection is Phoenix LRT, approximately 192m away, around 3 minutes on foot. Nearby amenities include Junction 10 for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, and Phoenix Park for greenery and recreation. Facilities in the development include Badminton hall, Basketball court, Fitness corner, Playground, and Tennis courts.
How far is Nicon Gardens from MRT and schools?
The nearest MRT/LRT to Nicon Gardens is Phoenix LRT, about 192 m away (~3 min walk). 5 schools are within 1 km, including 2 primary schools.
Getting around
- Phoenix LRT192 m · ~3 min
- Teck Whye LRT460 m · ~7 min
- Bukit Panjang LRT596 m · ~9 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Greenridge Secondary SchoolSecondary schoolwithin 1 km699 m
- Chua Chu Kang Secondary SchoolSecondary schoolwithin 1 km778 m
- West View Primary SchoolPrimary schoolwithin 1 km · P1 priority800 m
- Teck Whye Primary SchoolPrimary schoolwithin 1 km · P1 priority906 m
- Jurong Pioneer Junior CollegeJunior collegewithin 1 km917 m
- Assumption Pathway SchoolSecondary school1.2 km
- West Spring Secondary SchoolSecondary school1.2 km
- Zhenghua Primary SchoolPrimary school1.3 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Nicon Gardens and how big is the development?
Nicon Gardens was developed by CHOA CHU KANG LAND LTD (PIDEMCO LAND LTD), with 47 units.
- Developer
- CHOA CHU KANG LAND LTD (PIDEMCO LAND LTD)
- Blocks
- 47
- Land area
- 15,290 sqm (164,580 sqft)
What facilities does Nicon Gardens have?
Nicon Gardens has 5 facilities, including Badminton hall, Basketball court, Fitness corner, Playground, and more.
What does it cost to own a unit at Nicon Gardens?
Buying a unit at Nicon Gardens (~S$1.35M) needs about S$9,882/mo in income and S$4,547/mo in repayments, after S$38,600 stamp duty and a S$338k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.35M) 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$38,600
BSD, tiered
Downpayment (25%)
S$338k
cash + CPF
Monthly instalment
S$4,547/mo
30y @ 3.5%
Income required
S$9,882/mo
TDSR @ stress rate
How many property agents are active around Nicon Gardens?
8,241 CEA-registered agents closed at least one recorded deal in District 23 — where Nicon Gardens sits — in the last 12 months, across all property types.
Active agents · 12mo
8,241
District 23 · closed ≥1 deal
Deals on record
37,923
all-time · all property types
Source: CEA public transaction records, attributed to District 23 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Nicon Gardens? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Nicon Gardens's own transactions.
PropKakiRecent units at Nicon Gardens sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Nicon Gardens
Is Nicon Gardens freehold?⌄
No. Nicon Gardens is on a 99-year lease that started in 1981, with about 54 years left.
How old is Nicon Gardens?⌄
Nicon Gardens was completed (obtained TOP) in 1984, so it is about 42 years old.
Is Nicon Gardens a good investment?⌄
Of 30 units at Nicon Gardens that were bought and later resold (bought from 1995, resold up to 2026), 77% sold for more than they were bought for, with a median gain of 52% over a median 6.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Units listed now ask about 44% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Nicon Gardens an EC?⌄
No. Nicon Gardens is a private condominium, not an executive condominium (EC).
Who is the developer of Nicon Gardens?⌄
Nicon Gardens was developed by CHOA CHU KANG LAND LTD (PIDEMCO LAND LTD).
What is the price of a condo at Nicon Gardens?⌄
Units at Nicon Gardens have recently sold for around S$1.35M (S$671 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 6 units are listed for sale from S$1.94M to S$2.85M.
Where is Nicon Gardens located?⌄
Nicon Gardens is at 69E Choa Chu Kang Road, Singapore 689388, in Bukit Batok (District 23). The nearest MRT station is Phoenix LRT, about 192 m away.
How many units are there in Nicon Gardens?⌄
Nicon Gardens has 47 units in 47 blocks.
How much do I need to earn to buy at Nicon Gardens?⌄
For a unit around S$1.35M as a first home, you'd need roughly S$9,882/mo in income (assessed at the stress-test rate), with repayments near S$4,547/mo after a S$338k (25%) downpayment and S$38,600 Buyer's Stamp Duty.
Are prices at Nicon Gardens going up?⌄
The median price per square foot at Nicon Gardens has risen about 281% between 2006 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Nicon Gardens?⌄
West View Primary School, Teck Whye Primary School are within 1 km of Nicon Gardens. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.