The Madeira
The Madeira is a 99-year condominium in District 23 (Bukit Batok) that obtained TOP in 2003, with 456 units across 4 blocks. Across 793 transactions on record, units have recently transacted around S$1.47M (S$1,212 psf, ~1,238 sqft). There are 23 units for sale from S$1.20M to S$3.12M. The lease has approximately 73 years remaining.
What are the key facts about The Madeira?
The Madeira is a 99-year condominium in District 23 (Bukit Batok) that obtained TOP in 2003, with 456 units across 4 blocks.
- Tenure
- 99-year
- TOP / Completion
- 2003
- Developer
- JANITON PTE LTD
- Total units
- 456
- Blocks
- 4
- District / Area
- District 23 (Bukit Batok)
- Market segment
- OCR
- Median PSF
- S$1,212 psf
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 73 years
What is the price and PSF at The Madeira?
Units have recently transacted around S$1.47M (S$1,212 psf), at a gross rental yield of about 2.4% (URA caveat data).
Recent median price
S$1.47M
recent · 793 sales on record
Median PSF
S$1,212 psf
recent transactions
Median rent (monthly)
S$2,941
972 rentals on record
Gross rental yield
2.4%
indicative, gross
Units currently for sale are asking a median of S$1,249 psf — about 3% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at The Madeira?
The Madeira has 793 recorded sales; the most recent transacted at S$1,268,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$1,268,000 | 1,055 | S$1,202 psf |
| Feb 2026 | S$1,450,000 | 1,378 | S$1,052 psf |
| Feb 2026 | S$1,340,000 | 1,055 | S$1,270 psf |
| Jan 2026 | S$1,560,000 | 1,270 | S$1,228 psf |
| Nov 2025 | S$1,488,000 | 1,378 | S$1,080 psf |
| Nov 2025 | S$1,200,000 | 936 | S$1,281 psf |
| Oct 2025 | S$1,538,000 | 1,238 | S$1,242 psf |
| Sept 2025 | S$1,500,000 | 1,238 | S$1,212 psf |
| Sept 2025 | S$1,208,000 | 936 | S$1,290 psf |
| Aug 2025 | S$1,468,000 | 1,249 | S$1,176 psf |
| Aug 2025 | S$2,230,000 | 2,034 | S$1,096 psf |
| Jul 2025 | S$1,650,000 | 1,356 | S$1,217 psf |
793 sales and 972 rentals on record since May 2001. Source: URA.
Are prices at The Madeira rising?
The median transacted PSF at The Madeira has risen 39% over the past 9 years (2017–2026), from S$864 psf to S$1,202 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,202 psf | S$1.34M | 4 | -0.8% |
| 2025 | S$1,212 psf | S$1.50M | 20 | +1.3% |
| 2024 | S$1,196 psf | S$1.45M | 10 | +6.7% |
| 2023 | S$1,121 psf | S$1.40M | 12 | +12.7% |
| 2022 | S$995 psf | S$1.06M | 13 | +14.1% |
| 2021 | S$872 psf | S$1.05M | 25 | +7.0% |
| 2020 | S$815 psf | S$980k | 8 | -3.8% |
| 2019 | S$847 psf | S$1.06M | 14 | -1.9% |
| 2018 | S$863 psf | S$930k | 15 | -0.1% |
| 2017 | S$864 psf | S$960k | 7 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around The Madeira?
8,239 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
8,239
District 23 · closed ≥1 deal
Deals on record
37,803
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.
What bedroom types are available at The Madeira?
The Madeira has 23 units listed for sale, spanning 2–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 4 | S$1.20M–S$1.29M | S$1,282 psf |
| 3-bedroom | 8 | S$1.50M–S$1.70M | — |
| 4-bedroom | 11 | S$2.89M–S$3.12M | S$1,203 psf |
Where is The Madeira and what's nearby?
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.
Who built The Madeira and how big is the development?
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
How far is The Madeira from MRT and schools?
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
- Bukit Gombak MRT315 m · ~5 min
- Bukit Batok MRT879 m · ~14 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does The Madeira have?
The Madeira has 13 facilities, including Barbeque Area, Covered car park, Clubhouse, Fun pool, and more.
What does it cost to own a unit at The Madeira?
Buying a unit at The Madeira (~S$1.47M) needs about S$10,746/mo in income and S$4,944/mo in repayments, after S$43,320 stamp duty and a S$367k 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$43,320
BSD, tiered
Downpayment (25%)
S$367k
cash + CPF
Monthly instalment
S$4,944/mo
30y @ 3.5%
Income required
S$10,746/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 The Madeira? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from The Madeira's own transactions.
PropKakiRecent units at The Madeira sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Madeira
How much does a unit at The Madeira cost?⌄
Units at The Madeira have recently transacted around S$1.47M (S$1,212 psf), from 793 sales on record (URA caveats). The exact price depends on size, floor and facing.
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$10,746/mo in income (assessed at the stress-test rate), with repayments near S$4,944/mo after a S$367k (25%) downpayment and S$43,320 Buyer's Stamp Duty.
Is The Madeira a good investment?⌄
Gross rental yield is about 2.4%, and current asking prices sit about 3% above the most recent transacted PSF; median PSF has risen about 39% since 2017. 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 The Madeira going up?⌄
The median transacted PSF at The Madeira has risen about 39% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is The Madeira freehold or leasehold?⌄
The Madeira is 99-year, with approximately 73 years remaining on the lease.
When was The Madeira built and who developed it?⌄
The Madeira obtained TOP in 2003, developed by JANITON PTE LTD, with 456 units across 4 blocks.
How many units are for sale at The Madeira?⌄
There are 23 units for sale at The Madeira, from S$1.20M to S$3.12M.
What is the nearest MRT to The Madeira?⌄
The nearest MRT/LRT station to The Madeira is Bukit Gombak MRT, about 315 m away (~5 min walk).
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 qualify for Primary 1 (P1) registration priority.