THE GARDEN RESIDENCES
UrbanLens Analysis
At $1,829 PSF, THE GARDEN RESIDENCES prices 24% above the District 19 median. Compare that to CHUAN PARK at $2,596 PSF -- a 30% premium that buyers need to justify. The 21-minute walk to Kovan MRT (1668m) is workable, though not the kind of proximity that commands a premium on its own.
The +2.7% two-year price movement is negligible -- neither bullish nor bearish. 148 transactions over two years gives deep liquidity and reliable pricing signals. For context, AFFINITY AT SERANGOON has gained 2.6% over the same period.
Roughly 90 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.9% beats the OCR average of 3.4%. With $4,378/month median rent, income-focused buyers have a real case here.
The 613-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CHUAN PARK | $2,596 | 1.3% | 0.0% |
| THE FLORENCE RESIDENCES | $1,779 | 3.4% | +0.8% |
| AFFINITY AT SERANGOON | $1,794 | 3.5% | +2.6% |
| RIVERFRONT RESIDENCES | $1,706 | 3.7% | +6.8% |
| KINGSFORD WATERBAY | $1,453 | 4.1% | +7.3% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.