Swee Homes

Oleander Towers

Oleander Towers is an apartment in District 12 (Balestier / Toa Payoh), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$1,608 psf from 12 sales.

At a glance

District
District 12 (Balestier / Toa Payoh)
Region
Rest of Central Region
Type
Apartment
Tenure
99-year lease from 1995, about 68 years left
Completed
1997, about 29 years old

What the prices say

The median home in Oleander Towers sold for S$1,870,000: the middle of 12 sales in the 12 months to August 2026.

That is about the same as the middle condo project in District 12 (Balestier / Toa Payoh) (S$1,590 psf, across 78 projects), within 2%. By price per square foot it ranks 18th of the 21 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,149 psf in 2021 (16 sales) and S$1,608 psf in 2026 so far (6 sales), up about 40%. The highest year in the record was 2025 at S$1,567 psf.

Floor made little difference: floors 16 to 20 sold at S$1,567 psf against S$1,583 psf on floors 6 to 10 (24 months).

By unit size (24 months): 600 to 899 sq ft at S$1,567 psf and 900 to 1,199 sq ft at S$1,591 psf. Price per square foot was similar across sizes.

Against similar projects in the district

This project and the three others in District 12 (Balestier / Toa Payoh) whose median over the last 12 months is closest to Oleander Towers' S$1,608 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,611 psf, the same as Oleander Towers.

Projects in District 12 (Balestier / Toa Payoh) closest in price to Oleander Towers, 12 months to August 2026
ProjectMedian price per sq ftSales
Oleander TowersS$1,608 psf12
RiverbayS$1,611 psf14
Va ResidencesS$1,597 psf5
D'LotusS$1,635 psf6

What sells here

12 homes sold in the last 12 months, up from 9 in the 12 months before.

The most common size was 900 to 1,199 sq ft, with 12 of the 21 sales in the last 24 months, close to half.

None of the 21 sales in the last 24 months were first sales of new units: all 21 were resales.

The first new sale in our records was in November 1995.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$3,975 a month (52 contracts). The district's median across every contract was S$3,700, so rents here ran a little above it: about 7% higher.

Over the 24 months the median rent was S$4,000 (103 contracts), about the same as the latest 12 months, within 1%.

By bedrooms: 2 bedrooms S$3,880 (29), 3 bedrooms S$4,500 (14) and 4 or more bedrooms S$5,400 (9). The figure in brackets is the number of contracts.

Setting rent against price for 900 to 1,199 sq ft homes (16 rentals and 6 resale or sub-sale transactions) gives a gross yield estimate of 2.9%: a median rent of S$4,500 a month against a median price of S$1,870,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Age and lease

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in Oleander Towers. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in Oleander Towers?

S$1,608 psf in the 12 months to August 2026, from 12 sales. For the median home that is S$1,870,000.

How many homes sold in Oleander Towers?

12 in the last 12 months and 21 in the last 24 months, across all sale types.

What do homes in Oleander Towers rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$3,975 a month, from 52 contracts.

What is the rental yield in Oleander Towers?

Between 2.9% and 2.9% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

How much lease is left in Oleander Towers?

It is a 99-year lease from 1995, which leaves about 68 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Oleander Towers
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,608 psfS$1,870,00012
Last 24 monthsS$1,578 psfS$1,800,00021
Last 5 yearsS$1,437 psfS$1,580,00052

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Oleander Towers
YearMedian price per sq ftSales
2021S$1,149 psf16
2022S$1,252 psf12
2023S$1,366 psf9
2024S$1,476 psf7
2025S$1,567 psf13
2026 (to August)S$1,608 psf6

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Oleander Towers, last 24 months
Floor rangeMedian price per sq ftSales
Floors 6 to 10S$1,583 psf5
Floors 11 to 15S$1,613 psf6
Floors 16 to 20S$1,567 psf5

Price by unit size

Median price per sq ft by unit size for Oleander Towers, last 24 months
SizeMedian price per sq ftSales
600 to 899 sq ftS$1,567 psf6
900 to 1,199 sq ftS$1,591 psf12

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for Oleander Towers, by size

Rents

Rents for Oleander Towers
PeriodMedian rentContracts
Last 12 monthsS$3,975 a month52
Last 24 monthsS$4,000 a month103
Rents for Oleander Towers by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomUnder 5 contracts0Under 5 contracts
2 bedroomsS$3,880 a month29S$3,800 a month
3 bedroomsS$4,500 a month14S$4,600 a month
4 or more bedroomsS$5,400 a month9S$5,350 a month

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Oleander Towers, with a likely range and the recent sales behind it. Sign in is free.

Open Oleander Towers in Condo Atlas

Other condos in District 12 (Balestier / Toa Payoh)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.