99-yearOCRDistrict 23

Phoenix Residences

Reviewed by Nathan TangUpdated 24 October 2026Data through Jun 2026 (URA)
Quick Summary

Phoenix Residences is a 99-year apartment in District 23 that obtained TOP in 2025, with 74 units across 4 blocks. Across 75 transactions on record, units have recently transacted around S$1.38M (S$1,631 psf, ~861 sqft). There are 17 units for sale from S$1000k to S$1.95M. The lease has approximately 92 years remaining.

Key facts about Phoenix Residences
Tenure99-year leasehold from 2019 (≈92 years left)
TOP year2025
DeveloperUSB (PHOENIX) PTE LTD
Units74 in 4 blocks
District and areaDistrict 23 · OCR
Latest median psfS$1,631 psf, last 12 URA caveats to Jun 2026
1

What's for sale and for rent at Phoenix Residences?

Key Takeaway

Phoenix Residences has 17 units listed for sale, asking S$1000k to S$1.95M (median S$1,776 psf), and 0 units for rent.

For sale

17 listings

S$1000k – S$1.95M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$1000k–S$1000kS$1,721 psf
2-bedroom14S$1.05M–S$1.44MS$1,884 psf
3-bedroom2S$1.95M–S$1.95MS$1,776 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Phoenix Residences?

Key Takeaway

PropKaki has 39 layouts on record for Phoenix Residences, from 1 to 3 bedrooms (560 sqft to 1,367 sqft).

BedroomsLayoutsSizes
1 Bedroom7560 to 581 sq ft
2 Bedroom16603 to 861 sq ft
3 Bedroom161,023 to 1,367 sq ft

PropKaki holds 30 floor plans for Phoenix Residences.

See Phoenix Residences's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

What is the price and PSF at Phoenix Residences?

Key Takeaway

Units have recently transacted around S$1.38M (S$1,631 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$1.38M

recent · 75 sales on record

Median PSF

S$1,631 psf

recent transactions

Median rent (monthly)

S$3,431

21 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$1,776 psf — about 9% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

4

What has recently sold at Phoenix Residences?

Key Takeaway

Phoenix Residences has 75 recorded sales; the most recent transacted at S$1,380,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,380,000861S$1,603 psf
Dec 2025S$2,350,0001,367S$1,719 psf
Sept 2025S$1,950,0001,033S$1,887 psf
Aug 2025S$1,155,000603S$1,916 psf
Oct 2023S$1,292,820743S$1,741 psf
Aug 2022S$1,198,179721S$1,661 psf
Aug 2022S$1,630,6361,033S$1,578 psf
Aug 2022S$1,228,272743S$1,654 psf
Aug 2022S$1,647,3591,033S$1,594 psf
Aug 2022S$1,573,5661,033S$1,523 psf
Aug 2022S$1,193,723732S$1,631 psf
Aug 2022S$1,672,8751,033S$1,619 psf

75 sales and 21 rentals on record since Dec 2020. Source: URA.

5

Are prices at Phoenix Residences rising?

Key Takeaway

The median transacted PSF at Phoenix Residences has risen 24% over the past 5 years (2020–2025), from S$1,520 psf to S$1,887 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,887 psfS$1.95M3+18.4%
2022S$1,594 psfS$1.22M47+6.8%
2021S$1,493 psfS$869k18-1.8%
2020S$1,520 psfS$920k5—

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

6

Is Phoenix Residences a good investment?

Key Takeaway

Phoenix Residences has no resales on record yet, so it has no track record of its own. Across District 23, 81% of 19,766 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 25% over a median 8.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.0%. Units listed now ask about 9% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 23 sold for more

81%

of 19,766 private resales

Median gain

25%

gross, before costs

Median hold

8.0 years

bought to resold

Phoenix Residences has fewer than 10 matched resales, so the figures are for District 23 as a whole. Check the odds for your unit size and holding period →

7

Where is Phoenix Residences and what's nearby?

Key Takeaway

Phoenix Residences is located in District 23.

Phoenix Residences is a 99-year apartment completed in 2025. It was developed by USB (PHOENIX) PTE LTD. The development has 74 residential units. It sits on a land area of 3,972 sqm and has a gross floor area of 5,536 sqm. The plot ratio is 1.4.

PHOENIX RESIDENCES is located at 83 Phoenix Avenue, Singapore 668382. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang. The project falls within the OCR market segment.

Facilities in the development include 24 hours security.

8

Who built Phoenix Residences and how big is the development?

Key Takeaway

Phoenix Residences was developed by USB (PHOENIX) PTE LTD, with 74 units over up to 5 storeys.

Developer
USB (PHOENIX) PTE LTD
Floors
5 storeys
Blocks
4
Land area
3,972 sqm (42,754 sqft)
Gross floor area
5,536 sqm (59,589 sqft)
Plot ratio
1.40
9

What facilities does Phoenix Residences have?

Key Takeaway

Phoenix Residences has 1 facility, including 24 hours security.

24 hours security
10

What does it cost to own a unit at Phoenix Residences?

Key Takeaway

Buying a unit at Phoenix Residences (~S$1.38M) needs about S$10,102/mo in income and S$4,648/mo in repayments, after S$39,800 stamp duty and a S$345k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.38M) 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$39,800

BSD, tiered

Downpayment (25%)

S$345k

cash + CPF

Monthly instalment

S$4,648/mo

30y @ 3.5%

Income required

S$10,102/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Phoenix Residences?

Key Takeaway

8,747 CEA-registered agents closed at least one recorded deal in District 23 — where Phoenix Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

8,747

District 23 · closed ≥1 deal

Deals on record

38,886

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.

Keep going in the PropKaki app

Thinking about Phoenix Residences? Ask before you commit.

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

PropKaki
Is Phoenix Residences a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Phoenix Residences

Is Phoenix Residences freehold?⌄

No. Phoenix Residences is on a 99-year lease that started in 2019, with about 92 years left.

How old is Phoenix Residences?⌄

Phoenix Residences was completed (obtained TOP) in 2025, so it is about 1 year old.

Is Phoenix Residences a good investment?⌄

Phoenix Residences has no resales on record yet, so it has no track record of its own. Across District 23, 81% of 19,766 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 25% over a median 8.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.0%. Units listed now ask about 9% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Phoenix Residences an EC?⌄

No. Phoenix Residences is a private apartment development, not an executive condominium (EC).

Who is the developer of Phoenix Residences?⌄

Phoenix Residences was developed by USB (PHOENIX) PTE LTD.

What is the price of a condo at Phoenix Residences?⌄

Units at Phoenix Residences have recently sold for around S$1.38M (S$1,631 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 17 units are listed for sale from S$1000k to S$1.95M.

Where is Phoenix Residences located?⌄

Phoenix Residences is at 83 Phoenix Avenue, Singapore 668382, in Singapore (District 23).

How many units are there in Phoenix Residences?⌄

Phoenix Residences has 74 units in 4 blocks, up to 5 storeys high.

How much do I need to earn to buy at Phoenix Residences?⌄

For a unit around S$1.38M as a first home, you'd need roughly S$10,102/mo in income (assessed at the stress-test rate), with repayments near S$4,648/mo after a S$345k (25%) downpayment and S$39,800 Buyer's Stamp Duty.

Are prices at Phoenix Residences going up?⌄

The median price per square foot at Phoenix Residences has risen about 24% between 2020 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.