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Sherwood Tower

Apartment · District 21 (Upper Bukit Timah / Clementi Park / Ulu Pandan) · Rest of Central Region · 99-year lease (49 yrs left) · Updated Oct 2025

Sherwood Tower is a 99-year lease (49 yrs left) apartment development in District 21 (Upper Bukit Timah / Clementi Park / Ulu Pandan). It has 52 recorded private transactions. Latest sale: $1,830,000 (Oct 2025, 170 sqm, floors 11-15). Median $1,023/sqft. Prices up 10.4% over the period. 49 years lease remaining.

Latest Sale
$1,830,000
Oct 2025 · 170 sqm
Median Price
$1,023/sqft
$1,554,444 typical unit
Transactions
52
$681–$1,161 psf
Price Trend
▲ 10.4%
~2.4% a year

Where Sherwood Tower ranks in District 21

All 62 projects ›
Median psf
#62 / 62
Typical unit price
#49 / 62
Most recent sale
#39 / 62
Price growth
#43 / 56

Median psf over time

Estimate a unit at Sherwood Tower

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +2.4%/yr
Lease decay −0.80%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

49 yrs
Remaining lease
0.80%
Annual decay (Bala's Table)
1976
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.80% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $809 3
06-10 $1,007 13
11-15 $1,000 13
16-20 $1,041 7
21-25 $1,087 9
26-30 $980 7

Recent transactions

DateFloorType AreaPricepsf
Oct 2025 11-15 Resale 170 sqm $1,830,000 $1,000
Oct 2025 21-25 Resale 120 sqm $1,500,000 $1,161
Sep 2025 21-25 Resale 141 sqm $1,700,000 $1,120
Sep 2025 06-10 Resale 158 sqm $1,880,000 $1,105
Sep 2025 11-15 Resale 154 sqm $1,720,000 $1,038
Sep 2025 21-25 Resale 141 sqm $1,740,000 $1,146
Jul 2025 21-25 Resale 143 sqm $1,540,000 $1,000
May 2025 16-20 Resale 132 sqm $1,470,000 $1,035
May 2025 26-30 Resale 166 sqm $1,980,000 $1,108
Apr 2025 21-25 Resale 141 sqm $1,650,000 $1,087
Apr 2025 11-15 Resale 143 sqm $1,565,000 $1,017
Feb 2025 11-15 Resale 145 sqm $1,525,000 $977
Jan 2025 11-15 Resale 141 sqm $1,580,000 $1,041
Dec 2024 11-15 Resale 143 sqm $1,528,000 $993
Nov 2024 16-20 Resale 132 sqm $1,500,000 $1,056
Nov 2024 06-10 Resale 143 sqm $1,520,000 $988
Oct 2024 16-20 Resale 132 sqm $1,570,000 $1,105
Oct 2024 06-10 Resale 170 sqm $2,000,000 $1,093
Oct 2024 26-30 Resale 139 sqm $1,467,000 $980
Oct 2024 06-10 Resale 170 sqm $1,860,000 $1,016
Sep 2024 26-30 Resale 139 sqm $1,600,000 $1,069
Sep 2024 06-10 Resale 170 sqm $1,830,000 $1,000
Aug 2024 11-15 Resale 141 sqm $1,558,888 $1,027
Aug 2024 11-15 Resale 141 sqm $1,435,000 $946
Aug 2024 26-30 Resale 132 sqm $1,468,000 $1,033
Showing 25 of 52 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Sherwood Tower

Sherwood Tower is a 99-year leasehold development with its lease commencing in 1976 and about 49 years remaining in District 21 (Upper Bukit Timah / Clementi Park / Ulu Pandan), within the Rest of Central Region of Singapore. It sees regular transaction activity, with 52 recorded apartment transactions between 2021-07 and 2025-10, ranging from $535,000 to $2,000,000. The most recent transaction was a 170 sqm unit (floors 11-15) sold for $1,830,000 in 2025-10, and the median price is $1,023 per square foot. Prices here have risen by about 10.4% over the period (around 2.4% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 49 years remaining is 0.8147, an annual lease decay of about 0.80%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Sherwood Tower cost?

The most recent transaction at Sherwood Tower was $1,830,000 for a 170 sqm unit in 2025-10. The median price is $1,023 per square foot across 52 transactions, ranging from $535,000 to $2,000,000. Data sourced from URA.

Is Sherwood Tower freehold or leasehold?

Sherwood Tower is on a 99-year lease commencing in 1976, with approximately 49 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.80%.

What is the price per square foot (psf) at Sherwood Tower?

The median price at Sherwood Tower is $1,023 psf, with transactions ranging from $681 to $1,161 psf. This is based on 52 URA-recorded transactions in District 21.

Have prices at Sherwood Tower gone up or down?

Prices at Sherwood Tower have increased by approximately 10.4% over the data period (around 2.4% a year). The median price is currently $1,023 psf, with the most recent sale at $1,830,000 in 2025-10.