PropKaki
99-yearOCRDistrict 23 (Bukit Batok)

Nicon Gardens

Reviewed by Nathan TangUpdated 20 June 2026Data through Dec 2024 (URA)
Quick Summary

Nicon Gardens is a 99-year condominium in District 23 (Bukit Batok) that obtained TOP in 1984, with 47 units across 47 blocks. Units have recently transacted around S$1.35M (S$671 psf), from 56 sales on record. There is 1 unit for sale from S$2.85M to S$2.85M. The lease has approximately 54 years remaining.

1

What are the key facts about Nicon Gardens?

Key Takeaway

Nicon Gardens is a 99-year condominium in District 23 (Bukit Batok) that obtained TOP in 1984, with 47 units across 47 blocks.

Tenure
99-year
TOP / Completion
1984
Developer
CHOA CHU KANG LAND LTD (PIDEMCO LAND LTD)
Total units
47
Blocks
47
District / Area
District 23 (Bukit Batok)
Market segment
OCR
Median PSF
S$671 psf
Last transacted
Dec 2024
Remaining lease
≈ 54 years
2

What is the price and PSF at Nicon Gardens?

Key Takeaway

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 · 56 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$1,471 psf — about 119% above the most recent transacted PSF.

Source: URA caveat data, through Dec 2024.

3

What has recently sold at Nicon Gardens?

Key Takeaway

Nicon Gardens has 56 recorded sales; the most recent transacted at S$1,850,000 in Dec 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Dec 2024S$1,850,0001,991S$929 psf
Nov 2024S$1,850,0001,991S$929 psf
Oct 2024S$1,848,8002,013S$918 psf
Jun 2024S$1,800,0001,991S$904 psf
Nov 2021S$1,200,0002,013S$596 psf
Oct 2021S$1,455,0002,013S$723 psf
Jun 2020S$1,280,0001,991S$643 psf
Mar 2020S$1,350,0002,013S$671 psf
Dec 2019S$1,310,0002,013S$651 psf
Jun 2019S$1,230,0002,013S$611 psf
Jun 2019S$1,320,0002,077S$635 psf
May 2019S$1,350,0001,991S$678 psf

56 sales and 32 rentals on record since Jan 1995. Source: URA.

4

What bedroom types are available at Nicon Gardens?

Key Takeaway

Nicon Gardens has 1 unit listed for sale, spanning 5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
5-bedroom1S$2.85M–S$2.85MS$1,471 psf
5

Where is Nicon Gardens and what's nearby?

Key Takeaway

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.

6

How far is Nicon Gardens from MRT and schools?

Key Takeaway

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

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

Mall: Junction 10 · 462 mSupermarket: Sheng Siong Supermarket Pte Ltd · 448 mPark: Phoenix Park · 130 m

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

7

What facilities does Nicon Gardens have?

Key Takeaway

Nicon Gardens has 5 facilities, including Badminton hall, Basketball court, Fitness corner, Playground, and more.

Badminton hallBasketball courtFitness cornerPlaygroundTennis courts
8

What does it cost to own a unit at Nicon Gardens?

Key Takeaway

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

9

Frequently asked questions about Nicon Gardens

What is the price at Nicon Gardens?

Units at Nicon Gardens have recently transacted around S$1.35M (S$671 psf), from 56 sales on record (URA caveat data).

What is the PSF at Nicon Gardens?

Units for sale at Nicon Gardens are asking a median of about S$1,471 psf.

Is Nicon Gardens freehold or leasehold?

Nicon Gardens is 99-year, with approximately 54 years remaining on the lease.

When was Nicon Gardens built?

Nicon Gardens obtained TOP in 1984, developed by CHOA CHU KANG LAND LTD (PIDEMCO LAND LTD).

How many units are for sale at Nicon Gardens?

There are 1 unit for sale at Nicon Gardens, from S$2.85M to S$2.85M.

What is the rental yield at Nicon Gardens?

Gross rental yield at Nicon Gardens is about 2.8%, based on median current rents and prices.

How many units are in Nicon Gardens?

Nicon Gardens has 47 units across 47 blocks.

What facilities does Nicon Gardens have?

Nicon Gardens has 5 facilities, including Badminton hall, Basketball court, Fitness corner, Playground, Tennis courts.

What is the nearest MRT to Nicon Gardens?

The nearest MRT/LRT station to Nicon Gardens is Phoenix LRT, about 192 m away (~3 min walk).

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 qualify for Primary 1 (P1) registration priority.

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