Commercial Directory · Office · Retail · District 12
Le Shantier
2 sales from May 2024 to Jan 2025, at a median $1,334 psf (May 2024 to Jan 2025).
District 12 At a glance
- Median psf, all sales
- $1,334
- Sales since May 2024
- 2
- Latest sale, Jan 2025
- $1,808 psf
- Tenure
- Freehold
1 of 1 sellers with a known purchase price sold for more than they paid; the median made 4.0% a year.
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2 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|
| 27 Jan 2025 | Retail | Several units | 2,820 | $5,100,000 | $1,808 | Resale | – | – | – |
| 23 May 2024 | Office | 3 | 1,012 | $1,350,000 | $1,334 | Resale | Nov 2010, $800k | $550k | 4.0% |
URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.
Le Shantier Questions
How much does a unit at Le Shantier cost?
1 unit sale at Le Shantier from May 2024 to Jan 2025 went for $1,334 to $1,334 psf, a median $1,334 psf on units of 1,012 to 1,012 sq ft. The latest, in Jan 2025, was $5,100,000 for 2,820 sq ft ($1,808 psf).
Did sellers at Le Shantier make money?
1 of 1 resale where the caveat shows the purchase price sold for more than the seller paid. The median seller made $550k, 4.0% a year, before stamp duty, GST, fees and the rent collected while they held it.
What kind of property is Le Shantier?
The sales here are office and retail units in District 12 (Rest of Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.
Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.
District 12 Nearby buildings
- Royal Square at Novena$4,997 psf
- CT Hub 2$2,199 psf
- Ascent @ 456$2,718 psf
- The Mezzo$1,681 psf
- Balestier Point$2,323 psf
- Giffard Mansions$1,697 psf
- Balestier Plaza$2,297 psf
- One Dusun Residences$3,600 psf