Sceneca Residence
Tanah Merah Kechil Link · D16 · Outside central region · Apartment
The median sale at Sceneca Residence was $1,841,000 — $2,082 psf — across 280 transactions between Jan 2023 and Sept 2026. 99-year lease from 2021, among others.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| New sale | $1,845,500 | $2,079 psf | 268 |
| Sub-sale | $1,740,000 | $2,317 psf | 12 |
Year by year
The median moved up 11 per cent a square foot between 2023 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2023175 sales$2086
- 202454 sales$2069
- 202540 sales$2065
- 202611 sales$2312
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2023 | $1,572,000 | $2,086 psf | 175 |
| 2024 | $2,379,000 | $2,069 psf | 54 |
| 2025 | $2,463,000 | $2,065 psf | 40 |
| 2026 | $1,750,000 | $2,312 psf | 11 |
What it rents for
URA’s median of rental contracts lodged at Sceneca Residence in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D16
- Pinery Residences · $2,548 psf
- Vela Bay · $2,867 psf
- The Bayshore · $1,302 psf
- Eco · $1,484 psf
- The Glades · $1,646 psf
- Urban Vista · $1,541 psf
- Grandeur Park Residences · $1,906 psf
- Archipelago · $1,481 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.