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Rafflesia Condominium

Condominium · District 20 (Ang Mo Kio / Bishan / Thomson) · Rest of Central Region · 99-year lease (70 yrs left) · Updated May 2026

Rafflesia Condominium is a 99-year lease (70 yrs left) condominium development in District 20 (Ang Mo Kio / Bishan / Thomson). It has 49 recorded private transactions. Latest sale: $2,156,000 (May 2026, 121 sqm, floors 06-10). Median $1,423/sqft. Prices up 26.6% over the period. 70 years lease remaining.

Latest Sale
$2,156,000
May 2026 · 121 sqm
Median Price
$1,423/sqft
$1,628,000 typical unit
Transactions
49
$1,117–$1,689 psf
Price Trend
▲ 26.6%
~5% a year

Where Rafflesia Condominium ranks in District 20

All 44 projects ›
Median psf
Top 68%
#30 / 44 Top 68%
Typical unit price
Top 73%
#32 / 44 Top 73%
Most recent sale
Top 48%
#21 / 44 Top 48%
Price growth
Top 41%
#15 / 37 Top 41%

Median psf over time

Estimate a unit at Rafflesia Condominium

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5%/yr
Lease decay −0.35%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

70 yrs
Remaining lease
0.35%
Annual decay (Bala's Table)
1997
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.35% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,354 16
06-10 $1,497 16
11-15 $1,363 5
16-20 $1,554 12

Recent transactions

DateFloorType AreaPricepsf
May 2026 06-10 Resale 121 sqm $2,156,000 $1,655
May 2026 01-05 Resale 85 sqm $1,400,000 $1,530
May 2026 16-20 Resale 85 sqm $1,530,000 $1,672
Mar 2026 11-15 Resale 121 sqm $2,200,000 $1,689
Feb 2026 16-20 Resale 123 sqm $2,188,000 $1,653
Nov 2025 06-10 Resale 111 sqm $1,928,000 $1,614
Oct 2025 06-10 Resale 85 sqm $1,460,000 $1,596
Oct 2025 06-10 Resale 121 sqm $2,070,000 $1,589
Sep 2025 01-05 Resale 85 sqm $1,365,000 $1,492
Aug 2025 11-15 Resale 85 sqm $1,450,000 $1,585
Jul 2025 16-20 Resale 85 sqm $1,418,888 $1,551
Jul 2025 16-20 Resale 111 sqm $2,010,000 $1,682
Jul 2025 16-20 Resale 111 sqm $1,970,000 $1,649
Jun 2025 06-10 Resale 85 sqm $1,400,000 $1,530
Jun 2025 06-10 Resale 85 sqm $1,370,000 $1,497
Jun 2025 16-20 Resale 85 sqm $1,400,000 $1,530
Apr 2025 01-05 Resale 113 sqm $1,860,000 $1,529
Nov 2024 01-05 Resale 113 sqm $1,920,000 $1,579
May 2024 06-10 Resale 85 sqm $1,300,000 $1,421
Mar 2024 06-10 Resale 111 sqm $1,830,000 $1,532
Nov 2023 01-05 Resale 85 sqm $1,238,000 $1,353
Oct 2023 16-20 Resale 111 sqm $1,860,000 $1,557
Oct 2023 06-10 Resale 85 sqm $1,370,000 $1,497
Sep 2023 01-05 Resale 85 sqm $1,200,000 $1,312
Sep 2023 06-10 Resale 121 sqm $1,840,000 $1,413
Showing 25 of 49 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Rafflesia Condominium is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Rafflesia Condominium, with their median resale psf. Useful for comparing what Rafflesia Condominium costs per square foot against nearby developments.

More condos in District 20
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Rafflesia Condominium

Rafflesia Condominium in District 20 (Ang Mo Kio / Bishan / Thomson) has been a strong performer, with median psf up roughly 26.6% over the period (about 5% a year). Its $1,423 psf median sits about 13% below the District 20 median, cheaper than about 66% of projects there. It has a regular flow of transactions, with 49 sales between 2021-07 and 2026-05, ranging from $1,070,000 to $2,200,000. The most recent transaction was a 121 sqm unit (floors 06-10) at $2,156,000 in May 2026, and the median is $1,423 psf. Floor level matters here: units on the higher 16-20 band have traded around 15% per square foot above the 01-05 band. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 70 years remaining is 0.9100, an annual lease decay of about 0.35%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Rafflesia Condominium cost?

The most recent transaction at Rafflesia Condominium was $2,156,000 for a 121 sqm unit in 2026-05. The median price is $1,423 per square foot across 49 transactions, ranging from $1,070,000 to $2,200,000. Data sourced from URA.

Is Rafflesia Condominium freehold or leasehold?

Rafflesia Condominium is on a 99-year lease commencing in 1997, with approximately 70 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.35%.

What is the price per square foot (psf) at Rafflesia Condominium?

The median price at Rafflesia Condominium is $1,423 psf, with transactions ranging from $1,117 to $1,689 psf. This is based on 49 URA-recorded transactions in District 20.

Have prices at Rafflesia Condominium gone up or down?

Prices at Rafflesia Condominium have increased by approximately 26.6% over the data period (around 5% a year). The median price is currently $1,423 psf, with the most recent sale at $2,156,000 in 2026-05.