The Madeira

65 filed transactions · District 23 · OCR

Median, per square foot
1,131 psf
Observed range
$784 — $1,290 psf
S$1,380k median price

99 yrs lease commencing from 2000 · 65 filed transactions

12.1% vs 12 months ago
S$1,380k
Median price
65
Filed transactions
45%
Spread, low to high

URA Data Service — PMI_Resi_Transaction · 2021-09 to 2026-09 · accessed 2026-09-10

Median price by month24 months with a sale

Nov '23 · S$1,540kAug '26 · S$1,465k

The transactions behind those figures20 of 65

Nothing modelled — these are the filed sales.

126 sqm · floor 01-05Condominium · Resale · 2026-08
S$1,465,000$1080 psf
98 sqm · floor 06-10Condominium · Resale · 2026-06
S$1,268,000$1202 psf
98 sqm · floor 16-20Condominium · Resale · 2026-02
S$1,340,000$1270 psf
128 sqm · floor 01-05Condominium · Resale · 2026-02
S$1,450,000$1052 psf
118 sqm · floor 21-25Condominium · Resale · 2026-01
S$1,560,000$1228 psf
87 sqm · floor 06-10Condominium · Resale · 2025-11
S$1,200,000$1281 psf
128 sqm · floor 01-05Condominium · Resale · 2025-11
S$1,488,000$1080 psf
115 sqm · floor 21-25Condominium · Resale · 2025-10
S$1,538,000$1242 psf
Why a range, not one number. Valuation tools routinely disagree by S$15,000–S$80,000 on the same home, because none can see your floor, facing, renovation or lease. The spread above is the real one — the cheapest and dearest psf actually filed here over the period. Where your unit sits inside it depends on the things the data cannot see.
Contains information from HDB Resale Flat Prices (data.gov.sg) accessed on 2026-09-10 from data.gov.sg, made available under the Singapore Open Data Licence v1.0Contains information from URA Data Service — PMI_Resi_Transaction accessed on 2026-09-10, made available under the Singapore Open Data Licence v1.0

What the floor is worth

This project+13.4%

Floors 16+ against floors 1–5, The Madeira only. Median S$1,193 psf up top from 32 sales, S$1,052 psf low down from 8.

District 23, typical project+9.9%

Middle of 17 projects in District 23 that clear the bar — half fall between +3.4% and +11.3%. 1 came out negative — high floors sold for less in 1 of them.

Every band in District 23, for reference. This pools all buildings in the town, so it carries the estates as well as the storeys — a town whose tall blocks are its newest ones will show a steeper climb than height alone buys. The two figures above are the ones that hold a building constant.

StoreysMedian psfFiled sales
01-05S$1,4881,063
06-10S$1,558968
11-15S$1,617663
16-20S$1,659402
21-25S$1,693347
26-30S$1,838128

URA Data Service — PMI_Resi_Transaction · accessed 2026-09-10T21:15:39.110Z. Storey bands are the source's own — no floor number is inferred from them. A premium is a median of filed transactions, not a valuation of any home.

What's around

Straight-line distance from the building — the walk is longer, and how much longer depends on what is in the way.

Nearest station
Bukit Gombak
283m
Primary schools within 1km
3
nearest 191m
Primary schools · straight-line distance
  • Dazhong Primary School191m
  • Lianhua Primary School652m
  • St. Anthony'S Primary School702m
5 more between 1km and 2km
  • Princess Elizabeth Primary School1.3km
  • Bukit View Primary School1.4km
  • Keming Primary School1.6km
  • Pioneer Primary School1.9km
  • Yuhua Primary School1.9km
A band is priority, not a place — and this is an indication, not MOE's answer. MOE measures home to school in a straight line, which is what is measured here. But it measures to the school's land boundary and this measures to the school's single registered coordinate, so a large campus reads as further away than MOE would find it. It also measures from the address on your child's registration, not from the block. A school near the line can fall either side of it once MOE measures it, and an oversubscribed school still ballots within a band. For the official category for a specific address, use OneMap's SchoolQuery.
Stations
  • Bukit Gombak283m
  • Bukit Batok919m
Also nearby
  • Hawker centreBukit Batok West Hawker Centre867m
  • ParkBukit Batok Town Park731m
  • Other schoolsHillgrove Secondary School684m

Coordinates from OneMap, © Singapore Land Authority. Distances are straight-line.
Station exit locations — LTA (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

School addresses — MOE School Directory and Information (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

Hawker centre locations — NEA (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

Park locations — NParks (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

What has sold nearby300m

No other project with filed sales sits within 300m. That is a fact about this radius, not about the market — widen it above.

The afternoon sun, and what is approved in it247°–293°

NESW

Seen from here, the sun sets at 247° (WSW) in December and 293° (WNW) in June — a swing of 47° across the year. A window on one of those bearings takes the low sun for part of the year and none of it for the rest.

Today the sun drops below 15° at 06:04 pm and sets at 07:00 pm, arriving from 273° (W). Above that angle it is over the roof rather than through the window; near the equator the midday sun is almost overhead, which is why this is only ever about the last hour.

Nothing published says which way a unit points — not URA, not HDB. You are the one standing in it, or holding the plan. If the floor plan carries a north arrow, the plan reader will read it off and say so when it cannot.

Nothing with planning permission sits on those bearings within 400m. That is a fact about this radius and these bearings, not a guarantee of a view — an application not yet decided does not appear here, and neither does anything further out.

This does not tell you whether anything is blocked. A shadow needs the height and footprint of every building between you and the sun, and no public dataset here carries them — so none is drawn. What is above is the bearing the sun arrives on, which is astronomy, and what has been permitted along it, which is a filed decision with a reference number. Joining the two is yours. Bearings and distances are straight-line. A decision is permission to build, not a building: some are never started, and heights come from URA’s own wording, which states one about four times in five.

The land under The Madeira

HDB put this parcel out to tender and names The Madeira as what was built on it. Everything below is from that tender: the dates, the winning price, and the 8 bids that came in.

  1. Tender launched25 Feb 2000
  2. Tender closed13 Apr 20008 bids received
  3. Awarded17 May 2000Janiton Pte Ltd
  4. Winning tenderS$172,690,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Bukit Batok S7 Bukit Batok Street 31
Site area
18,918 sq m
Lease
99 yrs
Plot ratio
3
Gross floor area
Not published
Sold as
Condominium
Every bid — all 8, as HDB published them
Ranked by amount. The gap column is each bid measured against the winning one — subtraction, not a judgement about whether anyone bid well.
#TendererBidBehind the winner
1Janiton Pte LtdS$172,690,000
2Winlite Investment Pte LtdS$161,969,000S$10,721,000 · 6.2%
3Marina Green Ltd & Success Development Pte LtdS$157,600,000S$15,090,000 · 8.7%
4Centrepoint Properties LtdS$153,900,000S$18,790,000 · 10.9%
5Allgreen Properties Ltd & Hoe Seng Company (Pte) LtdS$133,888,000S$38,802,000 · 22.5%
6Keppel Land Properties Pte LtdS$118,208,000S$54,482,000 · 31.5%
7Hong Leong Holdings LtdS$118,118,000S$54,572,000 · 31.6%
8Parvillion Pte Ltd, United Overseas Land Ltd, Haw Par Realty Pte Ltd & Feature Dev Pte Ltd Late submission received atS$12S$172,689,988 · 100.0%

What the land cost and what a unit sells for are not two ends of one sum. Between them sit construction over a multi-year build, financing, the development charge, marketing and agent commissions, GST, and the cost of holding unsold units. None of those is published for a named project, so this site does not estimate a developer’s cost or margin and no figure here should be read as one.

Source: HDB — Sites Sold by HDB · tender awarded 17 May 2000 · transcribed from HDB’s published tables on 2026-08-31 · prices are nominal and are not adjusted for inflation. HDB names the development on this row as “The Madeira”. This parcel, from tender to today · Every land sale

Where the money actually goes

Drag the sale price. Everything moves.

Cash
Loan
CPF principal
CPF interest
Fees
Sale price · S$1,380,000
Outstanding loan
CPF principal used
Years held
Agent fee %
Sale priceS$1,380,000
Outstanding loanS$180,000
CPF principal refundBack into your CPF, not lostS$150,000
CPF accrued interestCPF OA rate, compounded over 12 yearsS$52,416
Agent fee (2% + GST) and legalS$32,884
Cash in handS$964,700
S$202,416 returns to your CPF, not your pocket — still yours, and it can fund the next purchase. The accrued interest alone is S$52,416, and it grows every year you hold. HDB concessionary loan interest is 2.6% p.a.; CPF Ordinary Account accrues at 2.5%.

Look up somewhere else

Any HDB block or private project in Singapore.