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Nine Residences

Yishun Avenue 9 · District 27 · Outside Central Region (OCR) · 99 yrs lease commencing from 2013

Nine Residences is an apartment development in District 27 (OCR). Based on 58 URA-recorded transactions from 20212026, its median price is $931,500, with prices moving about 3.3%/yr and a gross rental yield near 4%.

The verdict · for an investor

Nine Residences · Apartment · District 27 · Leasehold

Nine Residences 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 12 min on foot; 7 supermarkets, 3 food & retail spots nearby.
  • Rentable~4% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 3-bed +23.0%, 2-bed +17.6%, 4-bed +9.0% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Woodlands Regional Centre — a government-committed long-term catalyst.

What's holding it back

  • MRT is a real walk — Yishun MRT, about 12 min.
  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $1.50M, not an easy first step.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

4%

gross, on this project

Priced vs nearby

Cheapest nearby

priced under the walkable neighbours.

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.

~$1,306/sqft
15 sold here

What 710 sqft (2-bed) units go for here

$0.87Mmiddle ~$0.93M$0.98M

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 710 sqft sales

Jun 2025710 sqft · fl 11-15$1.00M$1,408 psf
Mar 2025710 sqft · fl 11-15$0.97M$1,369 psf
Feb 2025710 sqft · fl 11-15$0.92M$1,296 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $4.57 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
4.2% gross yield
Stronggenuinely rentable, and rare at this price. At a typical 75% loan, the rent fully covers the mortgage — it pays for itself.
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

$0.93M

Aim at the middle or below. A patient buyer has been getting closer to $0.89M.

If you’re selling

~$0.97M

List at the top of fair; realistic close is $0.93M–$0.94M 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$1.28M
Paper gain+$0.36M

Our blunt read: ~$356k 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 (~3.3%/yr), and past pace never promises the future.

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

If you’re buying — the outlook

Nine Residences

Outside Central Region (OCR) · District 27 · ~$1,363 psf · 4% yield

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 Nine Residences, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,363 psf, Nine Residences is priced below similar new projects nearby — good value against its peers. Its own prices are only creeping up (~3.3%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

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 (Nine Residences)

Supports prices

Nine Residences's own prices are still climbing — about +3% in the latest year of sales.

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 (~1,252 units).

1.3k units
New launches selling

Supports prices

New launches in this district are selling well — 3 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 at this project

Holds prices back

Rents at Nine Residences have slipped ~7% over the last couple of years — weaker support if you rent it out.

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? ~$1,363 psf is ~12% below similar nearby projects (~$1,549). good value

(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.

Nine Residences has grown ~3.3%/yr over ~5 years. Similar nearby: North Gaia 2.7%, The Watergardens At Canberra 2.9%, Canberra Crescent Residences 1.6%, The Visionaire 8.1%, The Brownstone 8.4% — a 1.68.4%/yr spread (most around 2.9%).

market ~4.6%
Nine 3.3%
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
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~3.3%/yr, ~$1,552/sqft by year 4 — already past your target.
Likely hits it:about year 4 at its own ~3.3%/yr pace.
Best case:if it ran like its best neighbour (The Brownstone, ~8.4%/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

$931,500

2021–2026 (URA)

Appreciation

3.3%/yr

median trend

Gross yield

4%

~$4.57/psf rent

Lease

~86 yrs left

leasehold

Nine Residences median price per sqft, by year

2021$1,142 psf
2022$1,201 psf+5.2%
2023$1,250 psf+4.1%
2024$1,319 psf+5.5%
2025$1,321 psf+0.2%
2026$1,363 psf+3.2%

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

Does Nine Residences 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 Nine Residences

Questions people ask about Nine Residences

Is Nine Residences freehold or leasehold?

Nine Residences is on a 99-year lease that began in 2013, so about 86 years remain. It sits in District 27 (Outside Central Region (OCR)).

How much does Nine Residences cost per square foot?

Recent transactions at Nine Residences are around $1,363 psf. Across its record, transacted prices range from $630,000 to $2,400,000.

Which primary schools are near Nine Residences?

Within 1 km (top Primary 1 priority): Xishan Primary School (0.41 km), Chongfu School (0.63 km), Huamin Primary School (0.75 km). Within 1–2 km: North View Primary School, Northland Primary School, Jiemin Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Nine Residences?

The nearest MRT is Yishun MRT, about 820 m away (straight-line).

Has Nine Residences gone up in value?

Across 58 URA-recorded transactions (2021–2026), prices at Nine Residences have moved about 3.3% a year on average, with a gross rental yield near 4%. That is a past record, not a forecast.

What condos are comparable to Nine Residences?

Within a short walk: Symphony Suites, North Gaia, North Park Residences. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Nine Residences a good buy?

Nine Residences 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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