When Wandervale launched for sale in 2016, the executive condo (EC) drew buyer’s attention for being competitively priced at the time. At an average selling price of around $770 psf, most hopeful EC buyers were able to afford a three- or four-bedroom unit. The development was also close to Choa Chu Kang MRT station on the North-South Line. These were standout qualities for a new EC back then, when it was relatively rare for most of these developments to be within proximity to a train station.
However, not everyone was equally convinced about the merits of this development. When the project hit the market a decade ago, the property market was marred by concerns of a potential EC oversupply issue. In 2016, five other EC projects also launched for sale – The Visionaire, Parc Life, Treasure Crest, and Northwave.
The strong lineup of new ECs that year raised concerns among some market watchers that amid the stiff competition, a new EC in Choa Chu Kang might be too fringe to eventually realise good capital appreciation.
After a decade, we can analyse whether these concerns materialised, or whether Wandervale’s competitive pricing won out in the end. We’ll also look at how resale prices at Wandervale are likely to fare from this point forward.
A snapshot of Wandervale and its pricing since end-2025
| Lease start year | 2014 |
| Completion year | 2018 |
| Land size (sqm) | 19,432 |
| No. of units | 534 |
| Unit types available | 3, 4 |
Located on Choa Chu Kang Avenue 3, Wandervale was developed by Sim Lian Group, and the EC was positioned as a practical, family-oriented development. Thus, its unit mix does not comprise compact unit configurations, and just features three- and four-bedroom units.
Average transacted prices for Wandervale in 2025
| Unit type | Average $PSF | Average price | Transaction volume |
| 3-bedroom | $1,522 | $1,616,912 | 24 |
| 4-bedroom | $1,512 | $1,887,500 | 2 |
For reference, in 2026, the average price of most two-bedroom units in new projects are typically priced from above $1.8 million. This makes the average prices at Wandervale especially competitive, given prevailing new launch prices.
Who is Wandervalue best suited for?
| Likely buyer profiles | Less suitable for |
| Family buyers who prioritise space, since Wandervale offers three- and four-bedders at a comparable price to many new launch two-bedders | Buyers seeking newer layouts and facilities, particularly from newer ECs with more lavish offerings |
| Family buyers who prioritise space, as the three- or four-bedder prices might only get you a two-bedder in some new launches | Buyers who prioritise resale gains with shorter term holding. For Wandervale, those years ended after its MOP. |
| Buyers who need MRT access, coupled with affordability | If you drive or the NSL and JSL are not useful to you, the MRT access may matter less |
The challenge for many buyers today isn't access to information.
It's interpreting that information in a way that makes sense for their finances, goals, and stage of life.
Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
Let’s take a look at the overall price performance of condos in District 23 (D23) where Wandervale is located.
This will allow us to reference the condo’s performance in a wider context, and frame our price expectations for the development.
All tenures
| Year | D23 | All non-landed private properties |
| 2015 | $957 | $1,180 |
| 2016 | $914 | $1,232 |
| 2017 | $945 | $1,304 |
| 2018 | $999 | $1,435 |
| 2019 | $1,089 | $1,560 |
| 2020 | $1,094 | $1,513 |
| 2021 | $1,285 | $1,600 |
| 2022 | $1,263 | $1,712 |
| 2023 | $1,525 | $1,869 |
| 2024 | $1,591 | $1,886 |
| 2025 | $1,533 | $2,092 |
| Annualised | 4.82% | 5.90% |
99-year leasehold
0 Comments