Property market in Serangoon Garden
An analysis of 15,865 private property transactions in Serangoon Garden, covering condos, apartments and landed property. Prices, tenure splits, floor-level premiums, rental rates and top developments. All data from URA.
What are property prices in Serangoon Garden (D19)?
The median private residential property price in Serangoon Garden is S$1.4M, based on 15,865 URA-recorded transactions. Freehold trades at S$2.1M while 99-year leasehold costs S$1.4M, a 48% tenure premium. Average monthly rent is S$6.03 psf psf. Serangoon Garden sits 18% below the Singapore-wide median of S$1.7M. The most actively traded development is THE FLORENCE RESIDENCES, with 796 transactions.
D19 spans 9 property categories. Apartments lead with 5,182 transactions at a median of S$1.3M. Landed is active too: terrace at S$3.8M, semi-detached at S$5.2M, detached at S$7.1M.
Freehold vs leasehold
Tenure is a defining factor in Serangoon Garden's pricing. Freehold trades at a 48% premium, roughly S$665K more in absolute terms. Freehold transactions number 2,216 to leasehold's 12,615.
Floor-level pricing
For condos and apartments, floor level creates a measurable price gradient. Units on 21-25 sell for a median of S$2.4M, while 11-15 sell for S$1.4M, a 80% premium worth roughly S$1.1M per unit.
Rental market
Rents average S$6.03 psf psf per month. Across the most-rented developments the range runs from S$5.80 psf to S$7.60 psf psf.
Most traded developments
High transaction volume signals an active secondary market with good liquidity. Buyers who may sell within a few years should weight proven resale activity.
What this means for buyers
At S$1.4M, Serangoon Garden sits around the Singapore private-market median. You get value and access relative to prime districts.
High floors cost 80% more than low floors. Budget-conscious buyers can save around S$1.1M by choosing a lower floor in the same development.
Frequently asked questions
What is the average condo price in Serangoon Garden (D19)?
The median condominium and apartment price is S$1.4M, based on 15,865 URA-recorded transactions. Prices range widely depending on unit size, tenure and development.
How many property transactions were recorded in Serangoon Garden?
URA records show 15,865 private residential transactions in D19, covering apartments, condominiums and landed properties.
What are the most popular developments in Serangoon Garden?
By URA transaction volume: THE FLORENCE RESIDENCES (796 transactions, median S$1,258,000), CHUAN PARK (763 transactions, median S$2,357,744), RIVERFRONT RESIDENCES (594 transactions, median S$1,085,000).
What types of property are available in Serangoon Garden?
9 categories with recorded transactions: apartment, condominium, executive condominium, terrace, semi-detached, strata terrace, detached, strata semi-detached, strata detached. Apartments are the largest segment at 5,182 transactions.
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