Shan Gate Apartments
Shan Gate Apartments is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 27 units across 1 block. Across 29 transactions on record, units have recently transacted around S$938k (S$1,025 psf, ~1,023 sqft).
What are the key facts about Shan Gate Apartments?
Shan Gate Apartments is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 27 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1991
- Developer
- —
- Total units
- 27
- Blocks
- 1
- District / Area
- District 12 (Novena)
- Market segment
- RCR
- Median PSF
- S$1,025 psf
- Last transacted
- May 2024
- Remaining lease
- Freehold
What is the price and PSF at Shan Gate Apartments?
Units have recently transacted around S$938k (S$1,025 psf), at a gross rental yield of about 2.8% (URA caveat data).
Recent median price
S$938k
recent · 29 sales on record
Median PSF
S$1,025 psf
recent transactions
Median rent (monthly)
S$2,209
143 rentals on record
Gross rental yield
2.8%
indicative, gross
Source: URA caveat data, through May 2024.
What has recently sold at Shan Gate Apartments?
Shan Gate Apartments has 29 recorded sales; the most recent transacted at S$1,700,000 in May 2024 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2024 | S$1,700,000 | 1,249 | S$1,361 psf |
| Oct 2023 | S$1,690,000 | 1,249 | S$1,353 psf |
| Apr 2020 | S$1,368,000 | 1,249 | S$1,096 psf |
| Apr 2018 | S$938,000 | 753 | S$1,245 psf |
| Mar 2018 | S$915,000 | 753 | S$1,214 psf |
| Mar 2015 | S$1,280,000 | 1,249 | S$1,025 psf |
| Apr 2014 | S$1,080,000 | 1,023 | S$1,056 psf |
| Feb 2014 | S$1,308,888 | 1,335 | S$981 psf |
| Aug 2010 | S$850,000 | 1,023 | S$831 psf |
| Feb 2010 | S$550,000 | 753 | S$730 psf |
| Dec 2009 | S$850,000 | 1,216 | S$699 psf |
| Oct 2009 | S$710,000 | 1,023 | S$694 psf |
29 sales and 143 rentals on record since Apr 1995. Source: URA.
Are prices at Shan Gate Apartments rising?
The median transacted PSF at Shan Gate Apartments has risen 91% over the past 23 years (1995–2018), from S$636 psf to S$1,214 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2018 | S$1,214 psf | S$915k | 2 | +23.8% |
| 2014 | S$981 psf | S$1.08M | 2 | +34.4% |
| 2010 | S$730 psf | S$550k | 2 | +5.2% |
| 2009 | S$694 psf | S$710k | 3 | +20.3% |
| 2000 | S$577 psf | S$450k | 4 | +3.2% |
| 1999 | S$559 psf | S$560k | 3 | -12.1% |
| 1995 | S$636 psf | S$650k | 5 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Shan Gate Apartments?
6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Shan Gate Apartments sits — in the last 12 months, across all property types.
Active agents · 12mo
6,318
District 12 · closed ≥1 deal
Deals on record
24,291
all-time · all property types
Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Shan Gate Apartments and what's nearby?
Shan Gate Apartments is located in Novena, in the Central Region of Singapore.
Shan Gate Apartments is a freehold apartment completed in 1991. The development has 27 residential units. It sits on a land area of 1,702 sqm and has a gross floor area of 4,799 sqm. The plot ratio is 2.8.
SHAN GATE APARTMENTS is located at 2 Shan Road, Singapore 328103. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Novena MRT, approximately 696m away, around 11 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Novena Rise Pk for greenery and recreation.
Who built Shan Gate Apartments and how big is the development?
Shan Gate Apartments was developed by —, with 27 units.
- Blocks
- 1
- Land area
- 1,702 sqm (18,320 sqft)
- Gross floor area
- 4,799 sqm (51,656 sqft)
- Plot ratio
- 2.80
How far is Shan Gate Apartments from MRT and schools?
The nearest MRT/LRT to Shan Gate Apartments is Novena MRT, about 696 m away (~11 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Novena MRT696 m · ~11 min
- Toa Payoh MRT750 m · ~12 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km831 m
- St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority920 m
- Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority944 m
- Northlight SchoolSecondary school1.2 km
- Kheng Cheng SchoolPrimary school1.3 km
- Hong Wen SchoolPrimary school1.3 km
- Catholic Junior CollegeJunior college1.3 km
- Anglo-Chinese School (Barker Road)Secondary school1.4 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Shan Gate Apartments?
Buying a unit at Shan Gate Apartments (~S$938k) needs about S$6,866/mo in income and S$3,159/mo in repayments, after S$22,740 stamp duty and a S$235k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$938k) 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$22,740
BSD, tiered
Downpayment (25%)
S$235k
cash + CPF
Monthly instalment
S$3,159/mo
30y @ 3.5%
Income required
S$6,866/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 →
Thinking about Shan Gate Apartments? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Shan Gate Apartments's own transactions.
PropKakiRecent units at Shan Gate Apartments sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Shan Gate Apartments
How much does a unit at Shan Gate Apartments cost?⌄
Units at Shan Gate Apartments have recently transacted around S$938k (S$1,025 psf), from 29 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Shan Gate Apartments?⌄
For a unit around S$938k as a first home, you'd need roughly S$6,866/mo in income (assessed at the stress-test rate), with repayments near S$3,159/mo after a S$235k (25%) downpayment and S$22,740 Buyer's Stamp Duty.
Is Shan Gate Apartments a good investment?⌄
Gross rental yield is about 2.8%; median PSF has risen about 91% 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 Shan Gate Apartments going up?⌄
The median transacted PSF at Shan Gate Apartments has risen about 91% between 1995 and 2018, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Shan Gate Apartments freehold or leasehold?⌄
Shan Gate Apartments is freehold — ownership does not expire.
When was Shan Gate Apartments built and who developed it?⌄
Shan Gate Apartments obtained TOP in 1991, with 27 units across 1 block.
What is the nearest MRT to Shan Gate Apartments?⌄
The nearest MRT/LRT station to Shan Gate Apartments is Novena MRT, about 696 m away (~11 min walk).
Which primary schools are within 1 km of Shan Gate Apartments?⌄
St. Joseph's Institution Junior, Chij Primary (Toa Payoh) are within 1 km of Shan Gate Apartments — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.