99-yearOCRDistrict 23 (Bukit Batok)

The Madeira

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

The Madeira is a 99-year condominium in District 23 (Bukit Batok) that obtained TOP in 2003, with 456 units across 4 blocks. Across 794 transactions on record, units have recently transacted around S$1.47M (S$1,202 psf, ~1,238 sqft). There are 32 units for sale from S$1.20M to S$3.12M. The lease has approximately 73 years remaining.

Key facts about The Madeira
Tenure99-year leasehold from 2000 (≈73 years left)
TOP year2003
DeveloperJANITON PTE LTD
Units456 in 4 blocks
District and areaDistrict 23 · Bukit Batok · OCR
Nearest MRTBukit Gombak MRT, 315 m (~5 min walk)
Latest median psfS$1,202 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at The Madeira?

Key Takeaway

The Madeira has 32 units listed for sale, asking S$1.20M to S$3.12M (median S$1,239 psf), and 14 units for rent at a median of S$1,200 a month.

For sale

32 listings

S$1.20M – S$3.12M

For rent

14 listings

S$798 – S$1,998 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$1.40M–S$1.40M
2-bedroom6S$1.20M–S$1.40MS$1,282 psf
3-bedroom11S$1.40M–S$1.98MS$1,239 psf
4-bedroom14S$1.88M–S$3.12MS$1,066 psf

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

2

What are the floor plans and unit sizes at The Madeira?

Key Takeaway

Floor plans for The Madeira aren't in PropKaki's library yet. Across 794 URA caveats, units range from 936 sqft to 3,046 sqft, and the middle half are 1,055 sqft to 1,356 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom1,055 sqftS$1.40M
2-bedroom936 sqft to 1,055 sqftS$1.20M · S$1,282 psf
3-bedroom1,055 sqft to 1,356 sqftS$1.40M · S$1,239 psf
4-bedroom1,302 sqft to 2,928 sqftS$1.88M · S$1,066 psf

Check the Floor Plan Finder for The Madeira →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at The Madeira?

Key Takeaway

Units have recently transacted around S$1.47M (S$1,202 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$1.47M

recent · 794 sales on record

Median PSF

S$1,202 psf

recent transactions

Median rent (monthly)

S$2,942

976 rentals on record

Gross rental yield

2.4%

indicative, gross

Units currently for sale are asking a median of S$1,239 psf — about 3% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at The Madeira?

Key Takeaway

The Madeira has 794 recorded sales; the most recent transacted at S$1,465,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,465,0001,356S$1,080 psf
Jun 2026S$1,268,0001,055S$1,202 psf
Feb 2026S$1,450,0001,378S$1,052 psf
Feb 2026S$1,340,0001,055S$1,270 psf
Jan 2026S$1,560,0001,270S$1,228 psf
Nov 2025S$1,488,0001,378S$1,080 psf
Nov 2025S$1,200,000936S$1,281 psf
Oct 2025S$1,538,0001,238S$1,242 psf
Sept 2025S$1,208,000936S$1,290 psf
Sept 2025S$1,500,0001,238S$1,212 psf
Aug 2025S$1,468,0001,249S$1,176 psf
Aug 2025S$2,230,0002,034S$1,096 psf

794 sales and 976 rentals on record since May 2001. Source: URA.

5

Are prices at The Madeira rising?

Key Takeaway

The median transacted PSF at The Madeira has risen 39% over the past 9 years (20172026), from S$864 psf to S$1,202 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,202 psfS$1.45M5-0.8%
2025S$1,212 psfS$1.50M20+1.3%
2024S$1,196 psfS$1.45M10+6.7%
2023S$1,121 psfS$1.40M12+12.7%
2022S$995 psfS$1.06M13+14.1%
2021S$872 psfS$1.05M25+7.0%
2020S$815 psfS$980k8-3.8%
2019S$847 psfS$1.06M14-1.9%
2018S$863 psfS$930k15-0.1%
2017S$864 psfS$960k7

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

6

Is The Madeira a good investment?

Key Takeaway

Of 348 units at The Madeira that were bought and later resold (bought from 2001, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 36% over a median 6.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 3% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

88%

of 348 resales here

Median gain

36%

gross, before costs

Median hold

6.9 years

bought to resold

Every unit at The Madeira with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is The Madeira and what's nearby?

Key Takeaway

The Madeira is located in Bukit Batok, in the West Region of Singapore.

The Madeira is a 99-year condominium completed in 2003. It was developed by JANITON PTE LTD. The development has 456 residential units. It sits on a land area of 18,915 sqm and has a gross floor area of 56,753 sqm. The plot ratio is 3.0.

THE MADEIRA is located at 50 Bukit Batok Street 31, Singapore 659442. 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 Bukit Gombak MRT, approximately 315m away, around 5 minutes on foot. Nearby amenities include West Mall for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Bukit Batok West Hawker Centre for food options, and Bukit Batok Town Park for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Clubhouse, Fun pool, Function room, and Gymnasium room.

8

How far is The Madeira from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Madeira is Bukit Gombak MRT, about 315 m away (~5 min walk). 6 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Dazhong Primary SchoolPrimary schoolwithin 1 km · P1 priority275 m
  • Lianhua Primary SchoolPrimary schoolwithin 1 km · P1 priority598 m
  • Hillgrove Secondary SchoolSecondary schoolwithin 1 km606 m
  • St. Anthony's Primary SchoolPrimary schoolwithin 1 km · P1 priority799 m
  • Swiss Cottage Secondary SchoolSecondary schoolwithin 1 km871 m
  • Dunearn Secondary SchoolSecondary schoolwithin 1 km911 m
  • Millennia InstituteCentralised institute1.1 km
  • Princess Elizabeth Primary SchoolPrimary school1.3 km

Shops, food & parks

Mall: West Mall · 770 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 154 mHawker centre: Bukit Batok West Hawker Centre · 882 mPark: Bukit Batok Town Park · 731 m

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

9

Who built The Madeira and how big is the development?

Key Takeaway

The Madeira was developed by JANITON PTE LTD, designed by CHAO TSE ANN & PARTNERS PTE LTD, with 456 units over up to 28 storeys.

Developer
JANITON PTE LTD
Architect
CHAO TSE ANN & PARTNERS PTE LTD
Main contractor
LOW KENG HUAT (SINGAPORE) LIMITED
Floors
28 storeys
Blocks
4
Land area
18,915 sqm (203,599 sqft)
Gross floor area
56,753 sqm (610,884 sqft)
Plot ratio
3.00
10

What facilities does The Madeira have?

Key Takeaway

The Madeira has 13 facilities, including Barbeque Area, Covered car park, Clubhouse, Fun pool, and more.

Barbeque AreaCovered car parkClubhouseFun poolFunction roomGymnasium roomJacuzziPlaygroundPutting Green24 hours securitySwimming poolTennis courtsWading pool
11

What does it cost to own a unit at The Madeira?

Key Takeaway

Buying a unit at The Madeira (~S$1.47M) needs about S$10,724/mo in income and S$4,934/mo in repayments, after S$43,200 stamp duty and a S$366k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.47M) 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$43,200

BSD, tiered

Downpayment (25%)

S$366k

cash + CPF

Monthly instalment

S$4,934/mo

30y @ 3.5%

Income required

S$10,724/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Madeira?

Key Takeaway

8,241 CEA-registered agents closed at least one recorded deal in District 23 — where The Madeira 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 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 The Madeira? Ask before you commit.

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

PropKaki
Is The Madeira a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about The Madeira

Is The Madeira freehold?

No. The Madeira is on a 99-year lease that started in 2000, with about 73 years left.

How old is The Madeira?

The Madeira was completed (obtained TOP) in 2003, so it is about 23 years old.

Is The Madeira a good investment?

Of 348 units at The Madeira that were bought and later resold (bought from 2001, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 36% over a median 6.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 3% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Madeira an EC?

No. The Madeira is a private condominium, not an executive condominium (EC).

Who is the developer of The Madeira?

The Madeira was developed by JANITON PTE LTD.

What is the price of a condo at The Madeira?

Units at The Madeira have recently sold for around S$1.47M (S$1,202 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 32 units are listed for sale from S$1.20M to S$3.12M.

Where is The Madeira located?

The Madeira is at 50 Bukit Batok Street 31, Singapore 659442, in Bukit Batok (District 23). The nearest MRT station is Bukit Gombak MRT, about 315 m away.

How many units are there in The Madeira?

The Madeira has 456 units in 4 blocks, up to 28 storeys high.

How much do I need to earn to buy at The Madeira?

For a unit around S$1.47M as a first home, you'd need roughly S$10,724/mo in income (assessed at the stress-test rate), with repayments near S$4,934/mo after a S$366k (25%) downpayment and S$43,200 Buyer's Stamp Duty.

Are prices at The Madeira going up?

The median price per square foot at The Madeira has risen about 39% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Madeira?

Dazhong Primary School, Lianhua Primary School, St. Anthony's Primary School are within 1 km of The Madeira. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.