Central Green Condominium Review — Queenstown / Tiong Bahru · D03

HuatScore: 72/100 — Solid Choice!

Is Central Green Condominium a good buy?

HuatScore rates Central Green Condominium 72/100 — a "Solid Choice!" verdict. That makes it a solid buy for buyers who prioritise a central, well-connected address and investors chasing a workable ~3.1% yield. Strongest card: Both anchors locked in. Main watch-out: Thin transaction volume. Pricing is reasonable for the location at current market.

Last updated 2026-08-20 · scored against URA caveat data.

Key facts

• Verdict: Solid Choice!
• Region: Rest of Central Region
• Tenure: 99-yr leasehold
• Avg PSF: ~$1,756 psf
• Price from: S$1.68M

Live market data

• Resale transactions (12mo): 10
• Recent resale PSF: ~$1,770 psf
• Gross rental yield: 3.1%

What works in its favour

• Both anchors locked in: 221m to ZHANGDE PRIMARY SCHOOL and 99m (~1-min walk) to Tiong Bahru MRT (Exit A). Strictly within the P1 1km zone, plus walkable to the nearest MRT entrance. This is the non-negotiable demand anchor — kiasu parents AND yield-chasing investors are both your buyers.
• Tight new-launch competition: Only 1 active private launch in your district — scarcity supports resale liquidity and pricing.
• 3-bedder × investment — appreciation sweet spot: Sells into the deepest pool — owner-occupier families. That demand floor drives durable capital appreciation. The investor default for total return, not just headline yield.

What to watch out for

• Thin transaction volume: Only 10 resale deals in the past year. Equity trap risk — when you want to exit, very few buyers to anchor against.
• Thin future upgrader pool: Live count: 0 HDB blocks within 2km cross the 5-year MOP between 2025 and 2028 (of 516 HDB blocks total within 2km), and 3 nearby BTOs (incl. Jalan Bukit Merah BTO, ~2030) add a fresh upgrader wave from ~2035. Narrow pool to absorb your resale — demand leans more on private-market churn here.

Who Central Green Condominium suits

• Buyers who prioritise a central, well-connected address
• Yield investors — ~3.1% gross is workable; favour larger unit types
• Buyers who value a stable, established neighbourhood over speculative upside

Who should look elsewhere

• Buyers hunting deep relative value — the market has already priced in most of the story
• Short-term flippers — stamp duty + agent fees demand a 5-year minimum hold
• Buyers wanting a guaranteed top-tier primary within 1km walking distance

Huat Kueh says

Tiong Bahru MRT 1-min walk — slippers can already. Lease 65 years left — financing starts to pinch.

See the full Central Green Condominium review on HuatScore →