District 23 · Bukit Batok · OCR
The Madeira
Bukit Batok Street 31 · Condominium · 99 yrs lease commencing from 2000 · 456 units
Current PSF
$1,203
-19.3% vs district median
Gross yield
3.4%
median rent $4,100/mo
3-year gain
7.0%
Transactions · 5y
77
19 in last 12 months
Nearest MRT
Bukit Gombak Mrt Station · 269.578m
NSL
Future MRT
Tengah Park Mrt Station
JRL · 2028
Vs local HDB
+94% premium
HDB median $621 psf
Area income
$8,500/mo median
residential zone
En-bloc potential33 / 100
21 years old · 456 units · 7% unused plot ratio · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$869
2022
$993
+14.3%
2023
$1,106
+11.4%
2024
$1,190
+7.6%
2025
$1,196
+0.5%
2026
$1,184
-1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,700/mo | $3.52 | 3.5% | 67 |
| 3BR | $4,100/mo | $3.04 | 3.0% | 120 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Feb 2026 | $1,450,000 | 1,378 | $1,052 | 01-05 |
| Feb 2026 | $1,340,000 | 1,055 | $1,270 | 16-20 |
| Jan 2026 | $1,560,000 | 1,270 | $1,228 | 21-25 |
| Nov 2025 | $1,488,000 | 1,378 | $1,080 | 01-05 |
| Nov 2025 | $1,200,000 | 936 | $1,281 | 06-10 |
| Oct 2025 | $1,538,000 | 1,238 | $1,242 | 21-25 |
| Sept 2025 | $1,500,000 | 1,238 | $1,212 | 11-15 |
| Sept 2025 | $1,208,000 | 936 | $1,290 | 16-20 |
| Aug 2025 | $2,230,000 | 2,034 | $1,096 | 26-30 |
| Aug 2025 | $1,468,000 | 1,249 | $1,176 | 11-15 |
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