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Singapore Property News, Insights and Analysis

Completed 1997

Le Shantier

D12 · Balestier / Toa Payoh · 4 Shan Road

A 32-unit freehold apartment in D12, completed in 1997. Developed by Oversea-Chinese Banking Corporation Limited.

Source: Condo master (URA caveats); URA transactions, Oct 2026

Freehold
Tenure
$1,539
Avg $psf, 12 months
1
Sales, 12 months
1997
Completed

What brings you to Le Shantier?

Buying here? Get a second opinion. A 3-bedder here sold for $2.601M in the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion
02 — Prices

Le Shantier prices

Last 12 months
1
Sale
$1,539
Average $psf
$2.6M
Price
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
3-Bedroom1 sale$1,539 psf$2.6M1,690 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

Average $psf by year
In 2025, sales here averaged $1,539 psf, 36% below the D12 average of $2,390 psf for private homes (condos, apartments and ECs).
This condoD12 average
Show as a table
YearThis condoD12 average
2025$1,539$2,390
2023$1,539$1,630
2022$1,118$1,615
2021$1,154$1,452
2020$1,101$1,412
2019$1,061$1,363
2017$1,036$1,344
2012$1,030$1,307
2011$866$1,242
2010$731$1,034
2009$692$908
2008$691$855
Sales by year
17 sales since 2007; the busiest year was 2019 with 3. The 2026 bar covers Jan–Oct.
Show as a table
YearResaleTotal
202600
202511
202400
202311
202211
202111
202011
201933
201800
201711
201600
201500
201400
201300
201211
201122
201011
200911
200811
200722
Sales in the last two years
DateUnitSizePrice$psfType
18 Dec 2025#06-XX1,690 sq ft · 3-Bedroom$2.6M$1,539 psfResale
Compared with nearby condos
Compared with D12 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Sep 2026.

03 — Rent

Le Shantier rent

Leases starting Sep 2025–Aug 2026
4
Leases
$5,200
Median rent a month

D12 median rent: $3,700 a month; est. gross yield 2.4%.

By bedroom type
TypeLeasesMedian rentMiddle halfD12 median
3-Bedroom4 leases$5,200 median$5,025 – $5,450D12 $4,900
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Le Shantier floor plans by bedroom type

1 layout. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Le Shantier

MRT stations
NS Novena 760 m · 9 min walk
NS Toa Payoh 1.6 km · 19 min walk
TE Mount Pleasant 1.8 km · 22 min walk
TECC Caldecott 2.2 km · 26 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
St. Joseph's Institution Junior 900 m · 13 min walk
CHIJ Primary (Toa Payoh)Popular 930 m · 15 min walk
Within 2 km
Kheng Cheng SchoolPopular 1.3 km · 23 min walk
Hong Wen SchoolPopular 1.3 km · 21 min walk
Anglo-Chinese School (Primary)Popular 1.5 km · 25 min walk
Pei Chun Public SchoolPopular 1.6 km · 26 min walk
Farrer Park Primary School 1.6 km · 27 min walk
Marymount Convent School 1.8 km · 31 min walk
First Toa Payoh Primary School 1.9 km · 34 min walk
Anglo-Chinese School (Junior)Popular 1.9 km · 30 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Novena Rise Park 950 m · 11 min
Clinic Livewell Medical Family Clinic 530 m · 6 min
Supermarket FairPrice 530 m · 6 min
Hawker centre Whampoa Drive Makan Place/Whampoa Market 1.1 km · 14 min
Map of the area around Le Shantier, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

06 — Nearby

Condos and supply around Le Shantier

Upcoming supply
Lorong 1 Toa Payoh1.3 km · about 735 units · 1.57 ha Awarded · $14,640 psm GFA · Nov 2023
Dorset Road1.4 km · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Kitchener Link2.0 km · about 140 units · 0.42 ha Available for application
Peck Hay Road2.1 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026

Source: URA transactions; URA land sales; OneMap distances, Oct 2026

07 — FAQ

Questions about Le Shantier

Is Le Shantier freehold?

Yes. Le Shantier is a freehold apartment.

When was Le Shantier completed?

1997.

How many units does Le Shantier have?

32 units.

What is the price psf at Le Shantier?

1 sale in the last 12 months averaged $1,539 psf.

What did the latest sale go for?

A 1,690 sq ft unit sold for $2.6M ($1,539 psf) on 18 Dec 2025.

How much is the rent at Le Shantier?

Leases starting Sep 2025–Aug 2026 had a median rent of $5,200 a month ($5,200 for a 3-bedroom).

What is the nearest MRT station?

Novena (NS), a 9-minute walk (760 m). Toa Payoh (NS) is 1.6 km away.

Which primary schools are within 1 km?

St. Joseph's Institution Junior, 900 m away and CHIJ Primary (Toa Payoh), 930 m away.

Who developed Le Shantier?

Oversea-Chinese Banking Corporation Limited.

Answers generated from the data on this page, Oct 2026