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Singapore Property News, Insights and Analysis

Completed 2003

The Madeira

D23 · Bukit Batok / Bukit Panjang / Choa Chu Kang · 50 Bukit Batok Street 31

A 456-unit condo in D23, completed in 2003, on a 99-year lease from 2000 with about 72 years left. Developed by Janiton Pte Ltd.

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

72 yrs
Lease left
$1,166
Avg $psf, 12 months
5
Sales, 12 months
2003
Completed

What brings you to The Madeira?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $1.45M, across 5 sales. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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02 — Prices

The Madeira prices

Last 12 months
5
Sales
$1,166
Average $psf
$1,052 – $1,270
$psf range
$1.27M – $1.56M
Price range
By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft2 sales$1,236 psfAvg $1.3M$1.27M – $1.34M
1,100–1,299 sq ft1 sale$1,228 psf$1.56M
1,300–1,599 sq ft3 sales$1,071 psfAvg $1.47M$1.45M – $1.49M
Average $psf by year
In 2025, sales here averaged $1,196 psf, 22% below the D23 average of $1,532 psf for private homes (condos, apartments and ECs).
This condoD23 average
Show as a table
YearThis condoD23 average
2026$1,166$1,645
2025$1,196$1,532
2024$1,190$1,591
2023$1,106$1,526
2022$993$1,263
2021$850$1,286
2020$812$1,094
2019$841$1,089
2018$880$999
2017$869$945
2016$930$914
2015$852$958
Sales by year
357 sales since 2007; the busiest year was 2010 with 37. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202655
20252020
20241010
20231212
20221313
20212525
202088
20191414
20181515
201777
201677
20151111
20141010
20131717
20122727
20112424
20103737
20093535
20082525
20073535
Sales in the last two years
26 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
14 Aug 2026#03-XX1,356 sq ft$1.47M$1,080 psfResale
25 Jun 2026#06-XX1,055 sq ft$1.27M$1,202 psfResale
24 Feb 2026#03-XX1,378 sq ft$1.45M$1,052 psfResale
13 Feb 2026#16-XX1,055 sq ft$1.34M$1,270 psfResale
14 Jan 2026#24-XX1,270 sq ft$1.56M$1,228 psfResale
25 Nov 2025#05-XX1,378 sq ft$1.49M$1,080 psfResale
7 Nov 2025#08-XX936 sq ft$1.2M$1,281 psfResale
14 Oct 2025#23-XX1,238 sq ft$1.54M$1,242 psfResale
26 Sep 2025#19-XX936 sq ft$1.21M$1,290 psfResale
26 Sep 2025#11-XX1,238 sq ft$1.5M$1,212 psfResale
Show all 26 sales
Compared with nearby condos

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

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

The Madeira rent

Leases starting Sep 2025–Aug 2026
38
Leases
$4,100
Median rent a month
$1.42M
Avg sale price, 12 months
3.5%
Est. gross yield

D23 median rent: $3,800 a month; est. gross yield 2.8%.

By bedroom type
TypeLeasesMedian rentMiddle halfD23 median
2-Bedroom12 leases$3,800 median$3,662 – $3,888D23 $3,600
3-Bedroom25 leases$4,300 median$4,100 – $4,500D23 $4,300
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 — Lease
72years left of 99
2000Ends 2099

99-year lease from 14 Aug 2000. About 72 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

The Madeira floor plans by bedroom type

36 layouts. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near The Madeira

MRT stations
NS Bukit Gombak 570 m · 7 min walk
NS Bukit Batok 1.3 km · 15 min walk
JE Tengah Park 2.1 km · 26 min walk
JE Bukit Batok West 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
Dazhong Primary School 190 m · 5 min walk
Lianhua Primary School 650 m · 10 min walk
St. Anthony's Primary School 700 m · 12 min walk
Within 2 km
Princess Elizabeth Primary SchoolPopular 1.4 km · 20 min walk
Bukit View Primary School 1.4 km · 21 min walk
Keming Primary School 1.6 km · 23 min walk
Pioneer Primary School 1.9 km · 31 min walk
Yuhua Primary School 1.9 km · 29 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 Bukit Batok Town Park 740 m · 9 min
Clinic AR-Raudhah Medical Clinic and Surgery 340 m · 4 min
Supermarket Cold Storage / Giant 270 m · 3 min
Hawker centre Bukit Batok West Hawker Centre 920 m · 11 min
Map of the area around The Madeira, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

07 — Nearby

Condos and supply around The Madeira

Upcoming supply
Tengah Garden Avenue2.1 km · about 849 units · 2.55 ha Awarded · $8,838 psm GFA · Jan 2025
De Souza Avenue2.5 km · about 395 units · 2.22 ha Upcoming
De Souza Avenue2.5 km · about 342 units · 1.92 ha Awarded · $9,057 psm GFA · Aug 2024
Dairy Farm Walk2.9 km · about 458 units · 2.94 ha Awarded · $10,359 psm GFA · Jan 2026

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

08 — From Stacked

Read more about The Madeira

Source: Stacked Homes editorial

09 — FAQ

Questions about The Madeira

How many years are left on the lease at The Madeira?

About 72 years. It is a 99-year lease from 2000.

When was The Madeira completed?

2003.

How many units does The Madeira have?

456 units, up to 28 storeys.

What is the price psf at The Madeira?

5 sales in the last 12 months averaged $1,166 psf, ranging from $1,052 to $1,270 psf.

What did the latest sale go for?

A 1,356 sq ft unit sold for $1.47M ($1,080 psf) on 14 Aug 2026.

How much is the rent at The Madeira?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,100 a month ($3,800 for a 2-bedroom and $4,300 for a 3-bedroom). That is an estimated gross yield of about 3.5%, before costs.

What is the nearest MRT station?

Bukit Gombak (NS), a 7-minute walk (570 m). Bukit Batok (NS) is 1.3 km away.

Which primary schools are within 1 km?

Dazhong Primary School, 190 m away, Lianhua Primary School, 650 m away and St. Anthony's Primary School, 700 m away.

Who developed The Madeira?

Janiton Pte Ltd.

Answers generated from the data on this page, Nov 2026