The Areca
Bunga Rampai Place · D19 · Rest of central region · Strata Terrace
The median sale at The Areca was $2,495,000 — $999 psf — across 10 transactions between July 2022 and Jan 2026. 99-year lease from 2000.
Figures here are based on 10 sales.
The Areca saw one sale 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
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.
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.
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.
- 2022two sales$805
- 2023one sale$867
- 2024three sales$1011
- 2025three sales$1000
- 2026one sale$1008
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $1,953,888 | $805 psf | 2 |
| 2023 | $2,128,888 | $867 psf | 1 |
| 2024 | $2,510,000 | $1,011 psf | 3 |
| 2025 | $2,520,000 | $1,000 psf | 3 |
| 2026 | $2,539,999 | $1,008 psf | 1 |
Other landed housing in D19
- Serangoon Garden Estate · $1,820 psf
- Tai Hwan Garden · $1,787 psf
- Park Villas · $1,480 psf
- Golden Hill Estate · $1,812 psf
- Haus@Serangoon Garden · $1,920 psf
- People's Garden · $1,753 psf
- Fengli Gardens · $1,704 psf
- Charlton Park · $1,729 psf
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.