CHARLTON 18 is a freehold development along CHARLTON LANE in District 19 (Hougang / Punggol / Serangoon), part of the OCR segment of Singapore's private residential market. The project comprises 18 units and is TOP 2017.
This profile draws on 9 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 9 years from TOP, CHARLTON 18 is in the early-mature phase: facilities are well-broken-in, strata operations are stable, and pricing has been through one or two market cycles — making comparable-sales analysis meaningful.
Within District 19 (Hougang / Punggol / Serangoon), the immediate context for CHARLTON 18 is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 9 sales and 3 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CHARLTON 18 dashboard.
- Average sale price: $3,313,243 across 9 transactions
- Estimated gross rental yield: 3.0%
- District 19 PSF ranking: Value tier (top 90%)
- Freehold tenure · OCR · D19 · 18 units
About CHARLTON 18
CHARLTON 18 is a freehold condominium, located at CHARLTON LANE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by DE PARADISO DEVELOPMENT PTE LTD, comprising 18 residential units, completed in 2017.
As a freehold property, CHARLTON 18 does not face lease decay concerns.
Sales Market Overview
CHARLTON 18 has recorded 9 sale transactions with an average transaction price of $3,313,243, ranging from $2,950,000 to $3,600,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $884 psf | $3,123,333 | — |
| 2023 | 1 | $944 psf | $3,200,000 | ↑ 6.7% |
| 2024 | 3 | $985 psf | $3,429,629 | ↑ 4.3% |
| 2025 | 2 | $1,026 psf | $3,480,150 | ↑ 4.3% |
CHARLTON 18 ranks in the top 90% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, CHARLTON 18 trades 38.3% below the segment benchmark.
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Rental Market Overview
CHARLTON 18 has recorded 3 rental transactions with monthly rents averaging $8,400/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 3 | $8,400/mo | $8,200/mo | $8,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 2 | $8,350/mo |
| 2024 | 1 | $8,500/mo |
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Investment Analysis
Based on average rents and sale prices, CHARLTON 18 delivers an estimated gross rental yield of 3.0%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 860 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 844 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,589 psf | 622 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 596 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,735 psf | 462 |
Location Map
Map shows CHARLTON 18 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CHARLTON 18
- Kovan MRT
- Serangoon MRT
- Serangoon MRT
- Zhonghua Primary School
- Zhonghua Secondary School
- Montfort Junior School
Nearby MRT Stations
CHARLTON 18 is 460m from Kovan MRT (North-East Line), with 3 stations within 1.5 km.
Nearby Schools
There are 20 schools within 2 km of CHARLTON 18, including 13 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Zhonghua Primary School | Primary | 250m |
| Zhonghua Secondary School | Secondary | 300m |
| Montfort Junior School | Primary | 380m |
| Montfort Secondary School | Secondary | 400m |
| Xinmin Secondary School | Secondary | 600m |
| Xinmin Primary School | Primary | 680m |
| St. Gabriel's Primary School | Primary | 690m |
| Holy Innocents' High School | Secondary | 760m |
| Cedar Girls' Secondary School | Secondary | 770m |
| Cedar Primary School | Primary | 780m |
| Holy Innocents' Primary School | Primary | 840m |
| Hougang Secondary School | Secondary | 900m |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Kovan sits about 0.46km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 18 units, CHARLTON 18 keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Zhonghua Primary School sits about 0.25km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 9 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: CHARLTON 18 combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 9 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for CHARLTON 18?
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Is CHARLTON 18 freehold or leasehold?
How far is the nearest MRT from CHARLTON 18?
What is the tenure of CHARLTON 18?
How does CHARLTON 18 compare to other projects in the district?
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Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 9 transactions analysed
- Rental data: 3 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for CHARLTON 18
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.