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Condo prices · D19

Serangoon Garden Estate

Alnwick Road · D19 · Outside central region · Terrace, Semi-Detached, Detached

The median sale at Serangoon Garden Estate was $5,375,000 — $1,820 psf of land — across 402 transactions between Oct 2021 and Oct 2026. 999-year lease from 1954, among others.

Median price
$5,375,000
402 sales in the window.
Median per sq ft of land
$1,820 psf
Median unit 2,800 sq ft.
Lease remaining
927 years
999-year lease from 1954, among others

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$483
$5,375,000 over 927 years remaining.
Per sq ft per year
$2.07
What a square foot of this development costs for one year of lease.
Lease expires
2953
7 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

New sales, sub-sales and resales

A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.

Kind of saleMedian pricePer sq ft of landSales
New sale$6,100,000$2,206 psf9
Resale$5,350,000$1,800 psf391

Year by year

The median moved up 31 per cent a square foot of land between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 202123 sales$1601
  • 202275 sales$1607
  • 202345 sales$1723
  • 202490 sales$1703
  • 202599 sales$1917
  • 202668 sales$2102
Show the figures
YearMedian pricePer sq ft of landSales
2021$4,690,000$1,601 psf23
2022$4,880,000$1,607 psf75
2023$4,550,000$1,723 psf45
2024$5,040,000$1,703 psf90
2025$5,688,000$1,917 psf99
2026$6,302,500$2,102 psf68

two sales here covered more than one unit in a single price. Dividing such a price by one unit’s area reports a figure two or three times the truth, so they are counted in the total and left out of every median.

Other landed housing in D19

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.