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Mont Botanik Residence

Jalan Remaja · District 23 · Outside Central Region (OCR) · Freehold

Mont Botanik Residence is a condominium development in District 23 (OCR). Based on 24 URA-recorded transactions from 20212026, its median price is $1,285,894, with prices moving about 0%/yr.

The verdict · for an investor

Mont Botanik Residence · Condominium · District 23 · Freehold

Mont Botanik Residence is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 13 min on foot; 2 supermarkets, 2 food & retail spots nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Jurong Lake District — a government-committed long-term catalyst.

What's holding it back

  • The 2-bed, 3-bed have lagged (−0.2%, −0.8%).
  • MRT is a real walk — Hillview MRT, about 13 min.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

no rent record yet

Priced vs nearby

Priciest nearby

you pay for the fresh lease and the spot.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,809/sqft
6 sold here

What 700 sqft (2-bed) units go for here

$1.19Mmiddle ~$1.27M$1.34M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 700 sqft sales

Nov 2024700 sqft · fl 06-10$1.29M$1,841 psf
Nov 2021700 sqft · fl 01-05$1.25M$1,790 psf
Oct 2021700 sqft · fl 06-10$1.22M$1,739 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$3.71 psf/mo). Change it if you know better.

The rent you’d get

/mo
2.5% gross yield
Thina home to live in, not a rental earner — you're banking on price growth, not the rent. At a typical 75% loan, the rent covers ~59% of the mortgage — you’d top up ~$1,850/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.27M

Aim at the middle or below. A patient buyer has been getting closer to $1.22M.

If you’re selling

~$1.32M

List at the top of fair; realistic close is $1.27M–$1.28M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$1.70M
Paper gain+$0.44M

Our blunt read: ~$436k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~3.0%/yr), and past pace never promises the future.

Built from URA transactions for Mont Botanik Residence — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Mont Botanik Residence

Outside Central Region (OCR) · District 23 · ~$1,779 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Mont Botanik Residence, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,779 psf, Mont Botanik Residence is priced about level with similar new projects nearby — no bargain, but you're not overpaying versus its peers. But its own prices have gone flat (~0%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — push hard on price — this is a buyer's situation. If the seller won't move, walk; there's no rush.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Mont Botanik Residence)

About neutral

Mont Botanik Residence's own prices have gone flat over the latest year.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,591 units, from 2030).

1.6k units
New launches selling

Supports prices

New launches in this district are selling well — 7 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,779 psf is ~3% above similar nearby projects (~$1,731). about right

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Mont Botanik Residence has grown ~0%/yr over ~5 years. Similar nearby: Sol Acres 7.8%, Lumina Grand 5.7%, Dairy Farm Residences 0.2%, The Myst 3.8%, The Botany At Dairy Farm 3.3% — a 0.27.8%/yr spread (most around 3.8%).

market ~4.6%
Mont 0%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~0%/yr, ~$1,779/sqft by year 4 — still short of $2,050.
Likely hits it:at ~0%/yr it’s not trending up — it may never reach $2,050 on its own.
Best case:if it ran like its best neighbour (Sol Acres, ~7.8%/yr), about year 2.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,285,894

2021–2026 (URA)

Appreciation

0%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Mont Botanik Residence median price per sqft, by year

2021$1,783 psf
2022$1,803 psf+1.1%
2024$1,824 psf+1.2%
2025$1,781 psf-2.4%
2026$1,779 psf-0.1%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Mont Botanik Residence fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Mont Botanik Residence

Questions people ask about Mont Botanik Residence

Is Mont Botanik Residence freehold or leasehold?

Mont Botanik Residence is a freehold development in District 23 (Outside Central Region (OCR)). Freehold means there is no lease running down.

How much does Mont Botanik Residence cost per square foot?

Recent transactions at Mont Botanik Residence are around $1,779 psf. Across its record, transacted prices range from $1,182,700 to $1,730,000.

Which primary schools are near Mont Botanik Residence?

Within 1 km (top Primary 1 priority): Lianhua Primary School (0.93 km). Within 1–2 km: Chij Our Lady Queen Of Peace, Keming Primary School, Dazhong Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Mont Botanik Residence?

The nearest MRT is Hillview MRT, about 810 m away (straight-line).

Has Mont Botanik Residence gone up in value?

Across 24 URA-recorded transactions (2021–2026), prices at Mont Botanik Residence have moved about 0% a year on average. That is a past record, not a forecast.

What condos are comparable to Mont Botanik Residence?

Within a short walk: Hillbrooks, The Lanai, Parc Palais, Hilltop Grove, Hillington Green. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Mont Botanik Residence a good buy?

Mont Botanik Residence sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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