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The Quintet

Choa Chu Kang Street 64 · District 23 · Outside Central Region (OCR) · 99 yrs lease commencing from 2003

The Quintet is an executive condominium development in District 23 (OCR). Based on 70 URA-recorded transactions from 20212026, its median price is $1,320,000, with prices moving about 6.2%/yr.

The verdict · for an investor

The Quintet · Executive Condominium · District 23 · Leasehold

On balance, The Quintet points up.

Strong track record, sitting inside Jurong Lake District — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 11 min on foot; 2 supermarkets, 1 food & retail spot nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 4-bed +35.1%, 5-bed +20.6% since 2021.
  • 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

  • Leasehold, ~76 years left — the lease clock weighs on price and financing the older it gets.
  • Its recent +6.2%/yr rode a hot cycle — don't bank on that pace repeating.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

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.

~$1,017/sqft
18 sold here

What 1,259 sqft (4-bed) units go for here

$1.20Mmiddle ~$1.28M$1.36M

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 1,259 sqft sales

Jan 20251,259 sqft · fl 11-15$1.35M$1,072 psf
Dec 20241,259 sqft · fl 16-20$1.35M$1,072 psf
Nov 20241,259 sqft · fl 06-10$1.33M$1,060 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
4.4% 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

$1.28M

Aim at the middle or below. A patient buyer has been getting closer to $1.24M.

If you’re selling

~$1.34M

List at the top of fair; realistic close is $1.28M–$1.30M 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$2.34M
Paper gain+$1.06M

Our blunt read: ~$1.06M 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 (~6.2%/yr), and past pace never promises the future.

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

If you’re buying — the outlook

The Quintet

Outside Central Region (OCR) · District 23 · ~$1,123 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 The Quintet, 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 ~$1,123 psf, The Quintet is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~6.2%/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 (The Quintet)

Supports prices

The Quintet's own prices are still climbing — about +4% 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 (~1,591 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? ~$1,123 psf is ~35% below similar nearby projects (~$1,731). 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.

The Quintet has grown ~6.2%/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%
The 6.2%
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 ~6.2%/yr, ~$1,428/sqft by year 4 — already past your target.
Likely hits it:about year 3 at its own ~6.2%/yr pace.
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

$1,320,000

2021–2026 (URA)

Appreciation

6.2%/yr

median trend

Gross yield

rental n/a

Lease

~76 yrs left

leasehold

The Quintet median price per sqft, by year

2021$846 psf
2022$890 psf+5.2%
2023$979 psf+10%
2024$1,021 psf+4.3%
2025$1,082 psf+6%
2026$1,123 psf+3.8%

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

Does The Quintet 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 The Quintet

Questions people ask about The Quintet

Is The Quintet freehold or leasehold?

The Quintet is on a 99-year lease that began in 2003, so about 76 years remain. It sits in District 23 (Outside Central Region (OCR)).

How much does The Quintet cost per square foot?

Recent transactions at The Quintet are around $1,123 psf. Across its record, transacted prices range from $1,068,000 to $2,448,888.

Which primary schools are near The Quintet?

Within 1 km (top Primary 1 priority): Yew Tee Primary School (0.32 km), Unity Primary School (0.57 km), Kranji Primary School (0.73 km). Within 1–2 km: Teck Whye Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest The Quintet?

The nearest MRT is Yew Tee MRT, about 420 m away (straight-line).

Has The Quintet gone up in value?

Across 70 URA-recorded transactions (2021–2026), prices at The Quintet have moved about 6.2% a year on average. That is a past record, not a forecast.

What condos are comparable to The Quintet?

Within a short walk: Windermere, Regent Grove, Yew Mei Green. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is The Quintet a good buy?

The Quintet 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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