Phoenix Residences
Phoenix Residences is a 99-year lease (92 yrs left) apartment development in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang). It has 68 recorded private transactions. Latest sale: $2,350,000 (Dec 2025, 127 sqm, floors 01-05). Median $1,563/sqft. Prices up 22.6% over the period. 92 years lease remaining.
Where Phoenix Residences ranks in District 23
All 73 projects ›Median psf over time
Estimate a unit at Phoenix Residences
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.15% a year.
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Dec 2025 | 01-05 | Resale | 127 sqm | $2,350,000 | $1,719 |
| Sep 2025 | 01-05 | Sub Sale | 96 sqm | $1,950,000 | $1,887 |
| Aug 2025 | 01-05 | Sub Sale | 56 sqm | $1,155,000 | $1,916 |
| Oct 2023 | 01-05 | Sub Sale | 69 sqm | $1,292,820 | $1,741 |
| Aug 2022 | 01-05 | New Sale | 68 sqm | $1,193,723 | $1,631 |
| Aug 2022 | 01-05 | New Sale | 96 sqm | $1,573,566 | $1,523 |
| Aug 2022 | 01-05 | New Sale | 96 sqm | $1,647,359 | $1,594 |
| Aug 2022 | 01-05 | New Sale | 102 sqm | $1,733,179 | $1,579 |
| Aug 2022 | 01-05 | New Sale | 96 sqm | $1,672,875 | $1,619 |
| Aug 2022 | 01-05 | New Sale | 69 sqm | $1,228,272 | $1,654 |
| Aug 2022 | 01-05 | New Sale | 67 sqm | $1,198,179 | $1,661 |
| Aug 2022 | 01-05 | New Sale | 96 sqm | $1,630,636 | $1,578 |
| Jul 2022 | 01-05 | New Sale | 102 sqm | $1,694,342 | $1,543 |
| Jul 2022 | 01-05 | New Sale | 67 sqm | $1,141,834 | $1,583 |
| Jul 2022 | 01-05 | New Sale | 68 sqm | $1,193,834 | $1,631 |
| Jul 2022 | 01-05 | New Sale | 69 sqm | $1,242,507 | $1,673 |
| Jul 2022 | 01-05 | New Sale | 69 sqm | $1,216,586 | $1,638 |
| Jul 2022 | 01-05 | New Sale | 69 sqm | $1,219,359 | $1,642 |
| Jul 2022 | 01-05 | New Sale | 69 sqm | $1,254,381 | $1,689 |
| Jul 2022 | 01-05 | New Sale | 127 sqm | $1,983,103 | $1,451 |
| Jul 2022 | 01-05 | New Sale | 69 sqm | $1,203,591 | $1,621 |
| Jul 2022 | 01-05 | New Sale | 67 sqm | $1,193,634 | $1,655 |
| Jul 2022 | 01-05 | New Sale | 96 sqm | $1,584,917 | $1,534 |
| Jun 2022 | 01-05 | New Sale | 68 sqm | $1,167,834 | $1,596 |
| Jun 2022 | 01-05 | New Sale | 67 sqm | $1,168,130 | $1,620 |
About Phoenix Residences
Phoenix Residences is a 99-year leasehold development with its lease commencing in 2019 and about 92 years remaining in District 23 (Bukit Batok / Bukit Panjang / Choa Chu Kang), within the Outside Central Region of Singapore. It sees regular transaction activity, with 68 recorded apartment transactions between 2021-08 and 2025-12, ranging from $853,810 to $2,350,000. The most recent transaction was a 127 sqm unit (floors 01-05) sold for $2,350,000 in 2025-12, and the median price is $1,563 per square foot. Prices here have risen sharply, by about 22.6% over the period (around 4.8% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 92 years remaining is 0.9578, an annual lease decay of about 0.15%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Phoenix Residences cost?
The most recent transaction at Phoenix Residences was $2,350,000 for a 127 sqm unit in 2025-12. The median price is $1,563 per square foot across 68 transactions, ranging from $853,810 to $2,350,000. Data sourced from URA.
Is Phoenix Residences freehold or leasehold?
Phoenix Residences is on a 99-year lease commencing in 2019, with approximately 92 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.15%.
What is the price per square foot (psf) at Phoenix Residences?
The median price at Phoenix Residences is $1,563 psf, with transactions ranging from $1,451 to $1,916 psf. This is based on 68 URA-recorded transactions in District 23.
Have prices at Phoenix Residences gone up or down?
Prices at Phoenix Residences have increased by approximately 22.6% over the data period (around 4.8% a year). The median price is currently $1,563 psf, with the most recent sale at $2,350,000 in 2025-12.