99-yearOCRDistrict 23

Phoenix Residences

Reviewed by Nathan TangUpdated 11 August 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 9 units for sale from S$1.15M to S$1.50M. The lease has approximately 92 years remaining.

1

What are the key facts about Phoenix Residences?

Key Takeaway

Phoenix Residences is a 99-year apartment in District 23 that obtained TOP in 2025, with 74 units across 4 blocks.

Tenure
99-year
TOP / Completion
2025
Developer
USB (PHOENIX) PTE LTD
Total units
74
Blocks
4
District / Area
District 23
Market segment
OCR
Median PSF
S$1,631 psf
Last transacted
Jun 2026
Remaining lease
≈ 92 years
2

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$3,478

18 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$1,742 psf — about 7% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

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 18 rentals on record since Dec 2020. Source: URA.

4

Are prices at Phoenix Residences rising?

Key Takeaway

The median transacted PSF at Phoenix Residences has risen 24% over the past 5 years (20202025), 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.

5

How many property agents are active around Phoenix Residences?

Key Takeaway

8,241 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

8,241

District 23 · closed ≥1 deal

Deals on record

37,923

all-time · all property types

Source: CEA public transaction records, attributed to District 23across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Phoenix Residences?

Key Takeaway

Phoenix Residences has 9 units listed for sale, spanning 2–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom8S$1.15M–S$1.44MS$1,996 psf
3-bedroom1S$1.50M–S$1.50MS$1,742 psf
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

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 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…
11

Frequently asked questions about Phoenix Residences

How much does a unit at Phoenix Residences cost?

Units at Phoenix Residences have recently transacted around S$1.38M (S$1,631 psf), from 75 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Phoenix Residences a good investment?

Gross rental yield is about 3.0%, and current asking prices sit about 7% above the most recent transacted PSF; median PSF has risen about 24% since 2020. 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 Phoenix Residences going up?

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

Is Phoenix Residences freehold or leasehold?

Phoenix Residences is 99-year, with approximately 92 years remaining on the lease.

When was Phoenix Residences built and who developed it?

Phoenix Residences obtained TOP in 2025, developed by USB (PHOENIX) PTE LTD, with 74 units across 4 blocks.

How many units are for sale at Phoenix Residences?

There are 9 units for sale at Phoenix Residences, from S$1.15M to S$1.50M.

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