CHARLTON 27 is a freehold development along SURIN AVENUE in District 19 (Hougang / Punggol / Serangoon), part of the OCR segment of Singapore's private residential market. The project comprises 27 units and is TOP 2019.
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 7 years from TOP, CHARLTON 27 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 27 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 7 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CHARLTON 27 dashboard.
- Average sale price: $3,847,333 across 9 transactions
- Estimated gross rental yield: 2.8%
- District 19 PSF ranking: Value tier (top 97%)
- Freehold tenure · OCR · D19 · 27 units
About CHARLTON 27
CHARLTON 27 is a freehold condominium, located at SURIN AVENUE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by SURINDIPITY PTE. LTD, comprising 27 residential units, completed in 2019.
As a freehold property, CHARLTON 27 does not face lease decay concerns.
Sales Market Overview
CHARLTON 27 has recorded 9 sale transactions with an average transaction price of $3,847,333, ranging from $3,160,000 to $4,398,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $664 psf | $3,160,000 | — |
| 2022 | 2 | $731 psf | $3,540,000 | ↑ 10.1% |
| 2023 | 1 | $771 psf | $3,760,000 | ↑ 5.5% |
| 2024 | 1 | $702 psf | $4,180,000 | ↓ 8.9% |
| 2025 | 2 | $757 psf | $4,040,000 | ↑ 7.8% |
| 2026 | 2 | $786 psf | $4,183,000 | ↑ 3.9% |
CHARLTON 27 ranks in the top 97% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, CHARLTON 27 trades 52.1% below the segment benchmark.
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Rental Market Overview
CHARLTON 27 has recorded 7 rental transactions with monthly rents averaging $8,943/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 7 | $8,943/mo | $6,300/mo | $12,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $6,500/mo |
| 2022 | 1 | $6,600/mo |
| 2023 | 2 | $11,000/mo |
| 2024 | 1 | $9,000/mo |
| 2025 | 1 | $12,000/mo |
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Investment Analysis
Based on average rents and sale prices, CHARLTON 27 delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 27 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CHARLTON 27
- Kovan MRT
- Serangoon MRT
- Serangoon MRT
- Bartley MRT
- Zhonghua Secondary School
- Zhonghua Primary School
- Montfort Junior School
Nearby MRT Stations
CHARLTON 27 is 690m from Kovan MRT (North-East Line), with 4 stations within 1.5 km.
Nearby Schools
There are 20 schools within 2 km of CHARLTON 27, including 10 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Zhonghua Secondary School | Secondary | 130m |
| Zhonghua Primary School | Primary | 160m |
| Montfort Junior School | Primary | 510m |
| Montfort Secondary School | Secondary | 570m |
| Cedar Girls' Secondary School | Secondary | 630m |
| Cedar Primary School | Primary | 660m |
| Xinmin Secondary School | Secondary | 790m |
| Xinmin Primary School | Primary | 890m |
| St. Gabriel's Primary School | Primary | 920m |
| Holy Innocents' High School | Secondary | 990m |
| Serangoon Secondary School | Secondary | 1.0 km |
| Holy Innocents' Primary School | Primary | 1.1 km |
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.
Walking-distance MRT. Kovan is about 0.69km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 27 units, CHARLTON 27 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 Secondary School sits about 0.13km 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 27 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
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Is CHARLTON 27 freehold or leasehold?
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How does CHARLTON 27 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: 7 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 27
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.