RPS · Resale Project Scorecard
Le Shantier — Grade B
RPS score 5.45/10 · D12 · Balestier, Toa Payoh · 32 units · scored across 7 weighted factors — methodology published.
FH · Oversea-Chinese Banking Corporation Limited · TOP 1997
Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: project size, total returns.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 2/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +3.26% — near-median performance within its 1997-era cohort (49th percentile).
2 primary schools within 1km (nearest: CHIJ PRIMARY (TOA PAYOH) at 0.91km). Strong school proximity — a genuine advantage for young families.
32 units — very small project; niche product with thin resale market.
0.67km from Novena Mrt Stn (NS20) — short walk to MRT, good transport convenience.
Rental yield of 2.48% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.73km, far enough that the impact on this project is modest.
Primary schools within 1km: CHIJ Primary (TOA Payoh), ST. Joseph's Institution Junior.
The verdict· Scores updated September 2026
Le Shantier scores 5.45 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 1586th of 2,357 resale condos scored in Singapore and 103rd of 116 in District 12 (Balestier, Toa Payoh). Its strongest factors are Tenure (10/10) and Primary School Effect (7/10); its weakest is Rental Yield (2/10). Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: project size, total returns.
See all 116 scored condos in District 12 (Balestier, Toa Payoh) →
RPS · Resale Project Scorecard
Recent resale transactions at Le Shantier
12 months to September 2026 (Oct 2025 – Sep 2026): 1 resale transaction, median $1,539 psf, median price $2.60M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 1 | $1,539 psf | $2.60M |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 1 | $1,539 psf | $2.60M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Le Shantier: frequently asked questions
Answers generated from the scorecard data — RPS rank 1586th of 2,357, scores updated September 2026.
- Is Le Shantier a good buy in 2026?
- Le Shantier scores 5.45/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 1586th of 2,357 Singapore resale condos and 103rd of 116 in District 12 (Balestier, Toa Payoh). Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: project size, total returns. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Le Shantier?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 1 resale transaction at Le Shantier, at a median of $1,539 psf and a median price of $2.60M. Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Le Shantier from the nearest MRT station?
- Le Shantier is about 670m from Novena MRT (NS20), scoring 7/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Le Shantier compare with City Suites?
- City Suites is the project scored next to Le Shantier on the District 12 ranking: 5.46 (Grade B) against Le Shantier's 5.45 (Grade B). Le Shantier scores higher on Project's Historical Performance (5 vs 2) and MRT Proximity (7 vs 6); City Suites scores higher on Primary School Effect (7 vs 10) and Rental Yield (2 vs 5).
- Which primary schools are within 1km of Le Shantier?
- 2 primary schools are within 1km of Le Shantier: CHIJ Primary (TOA Payoh), ST. Joseph's Institution Junior. 2 primary schools within 1km (nearest: CHIJ PRIMARY (TOA PAYOH) at 0.91km). Strong school proximity — a genuine advantage for young families. Le Shantier scores 7/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Le Shantier, and how big is the project?
- Le Shantier is freehold, completed in 1997, has 32 units, developed by Oversea-Chinese Banking Corporation Limited. Freehold tenure — no lease decay concerns, preserves long-term value. 32 units — very small project; niche product with thin resale market. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Le Shantier in Balestier, Toa Payoh
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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