FreeholdCCRDistrict 2 (Bukit Merah)

Oakswood Heights

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2007 (URA)
Quick Summary

Oakswood Heights is a freehold apartment in District 2 (Bukit Merah) that obtained TOP in 1991. Across 31 transactions on record, units have recently transacted around S$760k (S$467 psf, ~1,582 sqft).

1

What are the key facts about Oakswood Heights?

Key Takeaway

Oakswood Heights is a freehold apartment in District 2 (Bukit Merah) that obtained TOP in 1991.

Tenure
Freehold
TOP / Completion
1991
Developer
Total units
Blocks
District / Area
District 2 (Bukit Merah)
Market segment
CCR
Median PSF
S$467 psf
Last transacted
Jun 2007
Remaining lease
Freehold
2

What is the price and PSF at Oakswood Heights?

Key Takeaway

Units have recently transacted around S$760k (S$467 psf), at a gross rental yield of about 3.5% (URA caveat data).

Recent median price

S$760k

recent · 31 sales on record

Median PSF

S$467 psf

recent transactions

Median rent (monthly)

S$2,200

215 rentals on record

Gross rental yield

3.5%

indicative, gross

Source: URA caveat data, through Jun 2007.

3

What has recently sold at Oakswood Heights?

Key Takeaway

Oakswood Heights has 31 recorded sales; the most recent transacted at S$132,000,000 in Jun 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2007S$132,000,000123,000S$1,073 psf
Oct 2004S$760,0001,658S$458 psf
Jul 2003S$730,0001,582S$461 psf
Feb 2003S$490,000818S$599 psf
Dec 2002S$525,0001,023S$513 psf
Nov 2002S$780,0001,582S$493 psf
Sept 2002S$745,0001,658S$449 psf
Sept 2001S$708,0001,582S$447 psf
Jul 2001S$760,0001,658S$458 psf
Nov 2000S$820,0001,582S$518 psf
Sept 2000S$870,0001,658S$525 psf
Sept 2000S$1,055,0002,260S$467 psf

31 sales and 215 rentals on record since Jan 1995. Source: URA.

4

Are prices at Oakswood Heights rising?

Key Takeaway

The median transacted PSF at Oakswood Heights has fallen 19% over the past 8 years (19952003), from S$569 psf to S$461 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2003S$461 psfS$490k2-6.5%
2002S$493 psfS$745k3+10.3%
2001S$447 psfS$708k2-14.9%
2000S$525 psfS$870k5+3.8%
1999S$506 psfS$780k7-19.3%
1997S$627 psfS$1.04M2-7.8%
1996S$680 psfS$1.08M3+19.5%
1995S$569 psfS$900k5

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Oakswood Heights?

Key Takeaway

3,585 CEA-registered agents closed at least one recorded deal in District 2 — where Oakswood Heights sits — in the last 12 months, across all property types.

Active agents · 12mo

3,585

District 2 · closed ≥1 deal

Deals on record

15,284

all-time · all property types

Source: CEA public transaction records, attributed to District 2across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Oakswood Heights and what's nearby?

Key Takeaway

Oakswood Heights is located in Bukit Merah, in the Central Region of Singapore.

Oakswood Heights is a freehold apartment completed in 1991.

OAKSWOOD HEIGHTS is located at 49 Spottiswoode Park Road, Singapore 088643. It is part of District 02, Anson / Tanjong Pagar, Bukit Merah. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Outram Park MRT, approximately 657m away, around 10 minutes on foot. Nearby amenities include 100 AM for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 6 Tanjong Pagar Plaza for food options, and Duxton Plain Pk for greenery and recreation. Facilities in the development include Barbeque Area, Multi-purpose hall, Playground, 24 hours security, Squash court, and Swimming pool.

7

How far is Oakswood Heights from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Oakswood Heights is Outram Park MRT, about 657 m away (~10 min walk). 2 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.

  • Cantonment Primary SchoolPrimary schoolwithin 1 km · P1 priority341 m
  • Chij (Kellock)Primary schoolwithin 1 km · P1 priority980 m
  • Radin Mas Primary SchoolPrimary school1.4 km
  • Zhangde Primary SchoolPrimary school1.5 km
  • Chij St. Theresa's ConventSecondary school1.6 km

Shops, food & parks

Mall: 100 Am · 745 mSupermarket: NTUC Fairprice Co-operative Ltd · 677 mHawker centre: Blk 6 Tanjong Pagar Plaza · 697 mPark: Duxton Plain Pk · 764 m

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

8

What facilities does Oakswood Heights have?

Key Takeaway

Oakswood Heights has 8 facilities, including Barbeque Area, Multi-purpose hall, Playground, 24 hours security, and more.

Barbeque AreaMulti-purpose hallPlayground24 hours securitySquash courtSwimming poolTennis courtsWading pool
9

What does it cost to own a unit at Oakswood Heights?

Key Takeaway

Buying a unit at Oakswood Heights (~S$760k) needs about S$5,563/mo in income and S$2,560/mo in repayments, after S$17,400 stamp duty and a S$190k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$760k) 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$17,400

BSD, tiered

Downpayment (25%)

S$190k

cash + CPF

Monthly instalment

S$2,560/mo

30y @ 3.5%

Income required

S$5,563/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 →

Keep going in the PropKaki app

Thinking about Oakswood Heights? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Oakswood Heights's own transactions.

PropKaki
Is Oakswood Heights a good buy, and what are units selling for?

Recent units at Oakswood Heights sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
10

Frequently asked questions about Oakswood Heights

How much does a unit at Oakswood Heights cost?

Units at Oakswood Heights have recently transacted around S$760k (S$467 psf), from 31 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Oakswood Heights?

For a unit around S$760k as a first home, you'd need roughly S$5,563/mo in income (assessed at the stress-test rate), with repayments near S$2,560/mo after a S$190k (25%) downpayment and S$17,400 Buyer's Stamp Duty.

Is Oakswood Heights a good investment?

Gross rental yield is about 3.5%; median PSF has fallen about 19% since 1995. 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 Oakswood Heights going up?

The median transacted PSF at Oakswood Heights has fallen about 19% between 1995 and 2003, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Oakswood Heights freehold or leasehold?

Oakswood Heights is freehold — ownership does not expire.

When was Oakswood Heights built and who developed it?

Oakswood Heights obtained TOP in 1991.

What is the nearest MRT to Oakswood Heights?

The nearest MRT/LRT station to Oakswood Heights is Outram Park MRT, about 657 m away (~10 min walk).

Which primary schools are within 1 km of Oakswood Heights?

Cantonment Primary School, Chij (Kellock) are within 1 km of Oakswood Heights — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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