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Independent Singapore Property Research
Selling

Phoenix Residences

Phoenix Residences is selling now in D23 (OCR, West region). Everything below is compiled from matched transactions, URA tender data and public sources.

Developer USB (Phoenix) Pte Ltd (OKP Holdings)Tenure 99 yearsTOP 2024Nearest MRT Phoenix · 0.38km
StatusSelling
DistrictD23 · OCR
Total units74
Sold99%
Price$1,512–$1,601 psf
Entry price$853,810
Data updated15 Aug 2026

Overview

Phoenix Residences is a 74-unit 99-year leasehold condominium in D23 (OCR, West region), developed by USB (Phoenix) Pte Ltd (OKP Holdings), with TOP expected in 2024. The land was secured through a collective sale in August 2018 at $720 psf ppr.

The site sits about 0.38 km in a straight line from Phoenix (BP5), roughly 6 minutes on foot. Matched developer-sale transactions put take-up at 99% — 73 of 74 units, at an average of $1,552 psf.

99% sold
73 of 74 units sold · 1 still available

This overview is generated from PropertyInsider.sg’s tracked record for this project — URA tender data, matched caveat transactions and public filings — not from developer marketing material. Figures as at 15 Aug 2026. Anything marked (est.) is our estimate and is explained where it appears.

Details

The full tracked record for Phoenix Residences, field by field. Every figure here is repeated in context further down the page, with its source and its caveats.

Property type
Condo
Project status
Selling
Developer
USB (Phoenix) Pte Ltd (OKP Holdings)
District
D23 · OCR · West
Tenure
99 years
Total units
74
Plot ratio
1.4
Land cost
$720 psf pprCollective sale, August 2018
Average psf (transacted)
$1,552
Units sold
99%73 of 74 · 1 available
Entry price
$853,810Smallest layout, lowest transacted quantum
Bedroom mix
1, 2, 3 bedroom
Size range
560 - 1,367 sqft (52 - 127 sqm)
Expected TOP
2024
Nearest LRT
Phoenix BP5 · 0.38 km · ~6 min walk
HDB upgrader share
54.8%Of matched buyers with a prior HDB address
Coordinates
1.37528, 103.75752

Compiled by PropertyInsider.sg from URA tender records, matched caveat transactions and public filings; last refreshed 15 Aug 2026. Values marked (est.) are our estimates — the launch-price method is set out in our pricing methodology.

Location and connectivity

Where Phoenix Residences sits on the map, with its district, market segment and nearest station on the rail network. The nearest LRT station is Phoenix (BP5), about 0.38 km away in a straight line, roughly 6 minutes on foot. The dashed rings on the map mark straight-line 1 km and 2 km radii from the site.

District
D23 · West · OCR
Nearest LRT
Phoenix BP5 · 0.38 km · ~6 min walk
Coordinates
1.37528, 103.75752
Tenure
99 years
Site status
Selling

The marker is an approximate site centroid compiled by PropertyInsider.sg, not a surveyed boundary. Station distances are straight-line, measured from the site centroid to the midpoint of a station’s published exits (LTA MRT/LRT exits dataset) — not the distance to the nearest exit, and not a walking route. Walking times are an estimate only and are omitted beyond 2 km. Base map tiles are © OneMap / Singapore Land Authority. Verify exact addresses, boundaries and journey times with the developer or on OneMap.

What is nearby

The places that actually shape how this address lives day to day — stations, schools, food, shops, green space, healthcare and the nearest employment nodes — with a straight-line distance and an estimated walk and drive for each. Use the buttons below to hide a category on the map above and in this table at the same time.

Straight-line distances from the site centroid of Phoenix Residences, by category, nearest first. Walking times assume 80 m/min with a 1.2× allowance for street routing and are omitted beyond 2 km. Driving times assume a 1.35× road-routing allowance at an average 28 km/h and are omitted under 800 m — they are an off-peak approximation, not a routed journey time, and make no allowance for traffic, one-way roads or parking. Business and employment nodes are shown as a band rather than a figure: each one is a single representative point standing in for a whole planning area, so a kilometre reading to it would be more precise than the point behind it. Sources: NEA, NParks, SportSG, People’s Association, MOE, MOH and URA/JTC references compiled by PropertyInsider.sg; primary schools from our schools dataset and rail from the LTA exits dataset.
PlaceStraight lineOn footBy car
MRT & LRT stationsPhoenix LRTBP5 · Bukit Panjang LRT0.38 km6 min
MRT & LRT stationsTeck Whye LRTBP4 · Bukit Panjang LRT0.44 km7 min
MRT & LRT stationsBukit Panjang MRTDT1 · Downtown Line0.63 km10 min
Shopping mallsJunction 10Shopping mall0.64 km10 min
Shopping mallsHillion MallShopping mall0.69 km10 min
Secondary & JCsGreenridge Secondary SchoolSecondary0.72 km11 min
Shopping mallsTeck Whye Shopping CentreShopping mall (location approximate)0.77 km12 min
Polyclinics & hospitalsBukit Panjang PolyclinicPublic polyclinic · National University Polyclinics0.89 km13 min3 min
Sports & community clubsChua Chu Kang CCCommunity club0.90 km14 min3 min
Shopping mallsBukit Panjang PlazaShopping mall0.92 km14 min3 min
Secondary & JCsChua Chu Kang Secondary SchoolSecondary0.94 km14 min3 min
MRT & LRT stationsCashew MRTDT2 · Downtown Line0.96 km14 min3 min
Primary schoolsWest View Primary SchoolP1 vacancies available0.99 km15 min3 min
Primary schoolsTeck Whye Primary SchoolP1 vacancies available1.04 km16 min3 min
Sports & community clubsSenja-Cashew CCCommunity club1.06 km16 min3 min
Sports & community clubsSenja-Cashew Sport CentreActiveSG sport centre1.06 km16 min3 min
Secondary & JCsJurong Pioneer Junior CollegeJunior college1.07 km16 min3 min
Polyclinics & hospitalsChoa Chu Kang PolyclinicPublic polyclinic · National University Polyclinics1.09 km16 min3 min
Primary schoolsBukit Panjang Primary SchoolHigh P1 demand1.33 km20 min4 min
Primary schoolsSouth View Primary SchoolVery high P1 demand1.34 km20 min4 min
Hawker centresSenja Hawker CentreHawker centre · 28 cooked-food stalls1.38 km21 min4 min
Primary schoolsZhenghua Primary SchoolVery high P1 demand1.39 km21 min4 min
Parks & reservoirsWestern Adventure LoopPark Connector loop1.54 km23 min4 min
International schoolsThe Perse School SingaporeInternational school1.64 km25 min5 min
Hawker centresBukit Panjang Hawker CentreHawker centre · 28 cooked-food stalls1.68 km25 min5 min
Parks & reservoirsChoa Chu Kang ParkPark · 10 ha1.73 km26 min5 min
International schoolsSt Francis Methodist SchoolInternational school1.92 km29 min6 min
Parks & reservoirsBukit Batok Town ParkPark · 42 ha2.00 km30 min6 min
Business & employment nodesJurong Lake DistrictRegional commercial centre2–5 km10–20 min
UniversitiesSingapore University of Social SciencesAutonomous university nearest — beyond 3 km5.52 km16 min
Business & employment nodesInternational Business ParkBusiness and innovation park5–10 km20–30 min
Business & employment nodesRaffles PlaceCentral business district10–15 km30–45 min

32 places shown Every distance here is a straight line between two points, not a walking or driving route, and each place is a single representative coordinate — a park or a business district is one point, not its nearest entrance. Treat them as a ranking of what is close, not as journey times. Verify anything you are relying on with OneMap. Primary-school bands carry their own MOE caveat in the schools section below.

Distances are straight lines from an approximate site centroid compiled by PropertyInsider.sg, not walking or driving routes, and each place is a single representative coordinate. Walking times are an estimate only, at an 80 m/min pace with a 1.2× allowance for street routing, and are omitted beyond 2 km. Verify anything you are relying on with OneMap.

Bedroom types and unit prices

Matched developer-sale transactions by bedroom type: average price, average psf, transacted price range, size range and units sold. Entry prices usually reflect lower floors or less ideal facings.

TypeAvg priceAvg psf Transacted rangeSize rangeUnits sold
1 Bedroom$1,512$853,810 – $868,980
2 Bedroom$1,601$900,000 – $1.38M
3 Bedroom$1,545$1.49M – $2.35M

Figures from matched transactions as at 15 Aug 2026. Averages vary by floor, stack, facing and size — ranges matter more than any single number.

How D23 resales have performed

Capital appreciation context for Phoenix Residences: what sellers of completed condos in the same district actually realised on 13,146 matched buy-and-sell pairs (March 1995 to August 2026), including the 22.4% that sold at a loss.

Read this first: these are completed matched exits, profitable and unprofitable, over March 1995 to August 2026. A median describes what the middle seller realised — never the probability that any particular purchase will do the same. Note also that an owner sitting on a paper loss can decline to sell, so the true loss rate across all purchases is higher than the 22.4% recorded on completed sales here.
Median annualised return
1.9% p.a.
all exits in district D23, winners and losers
Share that made money
77.6%
10,206 of 13,146 matched exits
Median gain when it worked
$251k
gross, before transaction costs
Median loss when it did not
-$93k
2,940 exits sold at or below cost
Median holding period
11.3y
purchase to sale
OCR segment median
2.8% p.a.
78,217 exits island-wide, 86.3% profitable

Quarterly median exit psf of all matched resales, profitable and not, March 1995 to August 2026. Quarters with fewer than 5 exits carry no point; lines bridge to the next qualifying quarter. Dashed line marks Phoenix Residences’s current average developer-sale psf — a new-launch price against a resale trend, so compare direction, not levels. Source: URA caveat data, matched pairs.

What past projects here returned

Completed condos in D23 with at least 20 matched exits — the closest historical read on what this location has delivered. Ranked by median annualised return across every exit, not only the profitable ones.

3.8% p.a.middle of the 10 mapped, all exits3.1–5.0%slowest to fastest of the 10$315kmiddle project’s median gain, gross$1,451 psftheir middle average resale psf$1,552 psfthis launch, average transacted
Pin colour:3.2–6% (at or above the island median)Below the 3.2% island medianThis launch
ProjectTOPExitsProfitable Median ann. returnMedian holdMedian gainAvg psf
Mi Casa201231699.1%5.0% p.a.5.5y$252k$1,366
The Jade200428390.1%4.6% p.a.8.1y$422k$1,497
Hillview Regency200663194.9%4.2% p.a.9.0y$310k$1,292
Tree House201331198.4%4.1% p.a.8.1y$307k$1,711
The Warren200466488.3%3.9% p.a.9.0y$319k$1,299
The Madeira200335389.5%3.8% p.a.9.4y$368k$1,290
Hillington Green200237588.0%3.7% p.a.10.5y$507k$1,755
Midwood2023109100.0%3.5% p.a.4.3y$197k$1,680
The Dairy Farm198517773.4%3.5% p.a.11.2y$500k$1,796
Le Quest2020133100.0%3.1% p.a.5.6y$184k$1,405

Projects in the same district with at least 20 matched exits, ranked by median annualised return across every exit — profitable and not. Median gain is gross, before stamp duties, legal and agent fees, mortgage interest and renovation. Realised outcomes of past projects are context, not a prediction for this launch. Full dataset: resale exit dashboard.

Land cost versus comparable sites

What the developer paid for this site, ranked against the sites most like it — same market segment and planning region where we have enough of them, widening only if we do not. Land is the largest single input into a launch price and it is fixed two to three years before the show flat opens. Every tracked site sits on the land cost tracker.

Primary schools within 1km and 2km

MOE primary schools within a straight-line 1km and 2km of this project, with each school's P1 demand tier and phase-by-phase oversubscription ratios from the last completed registration exercise. An address inside a school's 1km band ranks highest whenever that school ballots. Explore every school on the primary schools map.

Map of Phoenix Residences and the 10 primary school(s) inside its straight-line 1km and 2km rings. It loads when this section scrolls into view; every school is listed below with its distance.

Primary school1km ring2km ring
Primary schoolsWest View Primary School≤1km0.99 km (est.)≈ 15 min walkVacancies available · 2025 P1
2A 0.97×2B 0.00×2C 0.52×2C(S) 0.45×
Primary schoolsTeck Whye Primary School1–2km1.04 km (est.)≈ 16 min walkVacancies available · 2025 P1
2A 0.21×2B 0.00×2C 0.16×2C(S) 0.46×
Primary schoolsBukit Panjang Primary School1–2km1.33 km (est.)≈ 20 min walkHigh demand · 2025 P1
2A 0.77×2B 0.77×2C 1.28× • ballot SC 1–2km2C(S)
Primary schoolsSouth View Primary School1–2km1.34 km (est.)≈ 20 min walkVery high demand · 2025 P1
2A 2.89× • ballot SC <1km2B 1.30× • ballot SC <1km2C 3.78× • ballot SC <1km2C(S)
Primary schoolsZhenghua Primary School1–2km1.39 km (est.)≈ 21 min walkVery high demand · 2025 P1
2A 1.03× • ballot PR <1km2B 0.00×2C 0.81×2C(S) 0.67×
Primary schoolsCHIJ Our Lady Queen of Peace1–2km1.48 km (est.)≈ 22 min walkVacancies available · 2025 P1Girls'
2A 0.09×2B 0.15×2C 0.67×2C(S) 0.95×
Primary schoolsSt. Anthony's Primary School1–2km1.50 km (est.)≈ 22 min walkHigh demand · 2025 P1
2A 0.44×2B 0.87×2C 1.46× • ballot SC 1–2km2C(S)
Primary schoolsGreenridge Primary School1–2km1.64 km (est.)≈ 25 min walkVacancies available · 2025 P1
2A 0.34×2B 0.03×2C 0.31×2C(S) 0.08×
Primary schoolsChua Chu Kang Primary School1–2km1.76 km (est.)≈ 26 min walkVery high demand · 2025 P1
2A 0.60×2B 0.53×2C 1.97× • ballot SC <1km2C(S)
Primary schoolsWest Spring Primary School1–2km1.81 km (est.)≈ 27 min walkVacancies available · 2025 P1
2A 0.97×2B 0.05×2C 0.63×2C(S) 0.43×

Phase chips show applicants per place: 1.00× or under every applicant placed, 1.01–1.50× oversubscribed, above 1.50× heavily oversubscribed. Distances are straight-line estimates computed from project and school coordinates and shown to 2 decimal places — they are not the official home-school distance. Walking times use the same model as the nearby-places table above: 80 m/min with a 1.2× allowance for street routing, omitted beyond 2 km. For P1 registration, verify the exact 1km/2km status with the OneMap School Query tool, which applies MOE’s official measurement. No guarantee of accuracy; school demand tiers reflect the 2025 P1 exercise and can change year to year. Full map and methodology: primary schools near new launches.

Compare with nearby launches

Other tracked launches and GLS sites in D23 or the same segment and region.

Solano Grand

Upcoming
D23OCR295 units
Est. launch price$1,820–$2,060 psf
0% sold

The Myst

13 units available
D23OCR408 units
$1,974–$2,165 psf
97% sold

J'Den

6 units available
D22OCR368 units
$2,383–$2,539 psf
98% sold

Mortgage calculator

What a loan of this size costs a month, before you talk to a bank. Change any figure — the instalment, the loan amount and the interest bill all recalculate as you type.

S$
%
% p.a.
years
Total loan amount
Estimated instalment
per month
  • Principal, first month
  • Interest, first month
  • Interest over the full term

The split shown is the first month’s instalment, not an average: early payments are mostly interest and late ones mostly principal, while the monthly figure itself stays level. This is the loan only — it excludes stamp duty, legal fees, maintenance and property tax, and a home bought under construction draws the loan down in stages rather than all at once. What a bank will actually lend you depends on the LTV limit, TDSR and, for HDB flats and developer-sold ECs, MSR. Work those out on the affordability calculator, stamp duty calculator and progressive payment calculator. Estimates only, not financial advice.

Talk this project through with an advisor

The analysis on this page tells you what the data says. If you want to work through what it means for your own situation — budget, ABSD position, timing an HDB sale, or how this project compares with alternatives — you can request a one-to-one consultation.

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  • Affordability and stamp duty worked out on your actual numbers.
  • Launch and tender alerts for the projects you shortlist.

Disclosure: advisory consultations are provided by Jamus Lee (CEA Reg. No. R065771E, ERA Realty Network Pte Ltd, Licence No. L3002382K), the publisher of PropertyInsider.sg, via JamusProperty.com. This is a separate service from our editorial research and has no influence over what we publish. See our editorial policy. Submitting this form shares your details with the advisory practice; see our privacy policy.

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