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Condo prices · D28

Serenity Park

Tamarind Road · D28 · Outside central region · Condominium

The median sale at Serenity Park was $1,470,000 — $1,117 psf — across 17 transactions between Dec 2021 and Jan 2025. Freehold.

Figures here are based on 17 sales.

Median price
$1,470,000
17 sales in the window.
Median per sq ft
$1,117 psf
Median unit 1,313 sq ft.
Lease remaining
Freehold
Freehold

Serenity Park saw zero sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

Serenity Park is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021two sales$1069
  • 2022eight sales$1110
  • 2023four sales$1194
  • 2024two sales$1187
  • 2025one sale$1348
Show the figures
YearMedian pricePer sq ftSales
2021$1,404,000$1,069 psf2
2022$1,475,000$1,110 psf8
2023$1,567,500$1,194 psf4
2024$1,309,400$1,187 psf2
2025$1,770,000$1,348 psf1

What it rents for

URA’s median of rental contracts lodged at Serenity Park in 2026Q2, per square foot per month.

Median rent per sq ft
$2.70
A month. Middle half of contracts ran $2.59 to $2.93.
Gross yield
2.90%
A year of median rent against the median sale price.
Median sale per sq ft
$1,117 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D28

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.