Oleander Towers

Oleander Towers at Lorong 1 Toa Payoh is a well-established 99-year leasehold condominium that remains highly sought-after in District 12. Despite its age, it continues to command strong demand due to its superb city-fringe location, highly walkable proximity to Toa Payoh MRT, and the sheer generosity of its living spaces compared to newer launches.

Here is the breakdown of this mature, highly practical development:

Key project facts

• Type & tenure:Private residential condominium on a 99-year leasehold tenure (starting from 1995).

• Completion & scale:Completed in 1998. It is a mid-sized development comprising 318 residential units spread across two 25-storey high-rise blocks.

• Developer:Developed by Winprime Investment Pte Ltd, a subsidiary of the highly reputable Wing Tai Holdings.

Location and connectivity

• Address & setting:Located at 911 and 913 Lorong 1 Toa Payoh, right in the heart of the mature Toa Payoh estate in the Rest of Central Region (RCR).

• MRT access:Outstanding connectivity. It is a short, 4- to 5-minute walk (approx. 400m) to Toa Payoh MRT(North-South Line) and the adjacent Toa Payoh Bus Interchange. This allows residents to reach the Orchard Road shopping belt in just three train stops.

• Road links:Drivers have immediate access to the Pan Island Expressway (PIE) and the Central Expressway (CTE), making commutes into the CBD or other parts of the island incredibly fast.

Layouts and design

• Unit mix:True to the building trends of the late 90s, the units are highly spacious. The development completely foregoes 1-bedroom shoeboxes, offering instead 2-bedroom units (861 to 893 sq ft), 3-bedroom units (1,141 to 1,550 sq ft), large 4-bedroom units (1,453 to 1,819 sq ft), and sprawling penthouses exceeding 2,500 sq ft.

• Design approach:The layouts are known for being squarish and highly functional. They feature traditional enclosed kitchens, large utility areas, and spacious bedrooms capable of comfortably fitting double beds and wardrobes, catering perfectly to long-term family living.

• Positioning:It targets practical home-upgraders, families with school-going children, and investors who prioritize large floorplates and ultimate transport convenience.

Facilities and lifestyle

• Facilities: The condo is equipped with a comprehensive suite of classic facilities, including a swimming pool, wading pool, gymnasium, barbecue pits, a playground, a clubhouse, tennis courts, and 24-hour security.

• Nearby amenities:Lifestyle convenience is unparalleled. The massive Toa Payoh Hub (HDB Hub) is within easy walking distance, offering supermarkets (NTUC FairPrice), banks, a library, clinics, and countless dining options.

• Schools: A massive draw for parents is its extreme proximity to top schools. CHIJ Primary (Toa Payoh) and CHIJ Secondary are located practically right next door, while Kheng Cheng School and Pei Chun Public Schoolare also nearby.

Market and buyer appeal

• Resale positioning:Oleander Towers has aged remarkably well on the resale market. Recent transactions over 2025 and 2026 show units trading steadily within the S$1,500 to S$1,700 PSF range. This presents an excellent value proposition for buyers who want large living spaces in the city-fringe without crossing the S$2,000+ PSF threshold of newer projects.

• Rental demand:Consistently strong. The immediate MRT access and proximity to the city center draw a steady pool of expatriates and working professionals, ensuring healthy and reliable rental yields.

• Key appeal:Space, Schools, and Centrality. Buyers choose Oleander Towers to secure highly functional family-sized layouts, extreme daily convenience, and direct North-South Line MRT access at an accessible price point for the RCR.