CHARLTON PARK is a freehold development along AROOZOO AVENUE in District 19 (Hougang / Punggol / Serangoon), part of the OCR segment of Singapore's private residential market. The project comprises a compact unit count and is an established secondary-market project.
This profile draws on 40 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.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 19 (Hougang / Punggol / Serangoon), the immediate context for CHARLTON PARK 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 40 sales and 78 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CHARLTON PARK dashboard.
- Average sale price: $4,412,461 across 40 transactions
- Estimated gross rental yield: 1.8%
- District 19 PSF ranking: Premium tier (top 23%)
- Freehold tenure · OCR · D19
About CHARLTON PARK
CHARLTON PARK is a freehold condominium, located at AROOZOO AVENUE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region).
As a freehold property, CHARLTON PARK does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at CHARLTON PARK:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 5 | $2,082 psf | $3,459,778 |
| 5+ BR | 35 | $1,606 psf | $4,548,559 |
Sales Market Overview
CHARLTON PARK has recorded 40 sale transactions with an average transaction price of $4,412,461, ranging from $2,250,000 to $7,600,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 4 | $1,266 psf | $4,769,750 | — |
| 2022 | 11 | $1,595 psf | $3,987,455 | ↑ 26.0% |
| 2023 | 7 | $1,789 psf | $4,444,841 | ↑ 12.2% |
| 2024 | 10 | $1,728 psf | $4,270,466 | ↓ 3.4% |
| 2025 | 6 | $1,806 psf | $4,854,815 | ↑ 4.5% |
| 2026 | 2 | $1,683 psf | $5,305,000 | ↓ 6.8% |
CHARLTON PARK ranks in the top 23% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, CHARLTON PARK trades 7.5% above the segment benchmark.
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Rental Market Overview
CHARLTON PARK has recorded 78 rental transactions with monthly rents averaging $6,738/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 78 | $6,738/mo | $2,800/mo | $23,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 9 | $5,533/mo |
| 2022 | 14 | $5,600/mo |
| 2023 | 18 | $7,050/mo |
| 2024 | 13 | $6,577/mo |
| 2025 | 23 | $7,739/mo |
| 2026 | 1 | $7,000/mo |
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Investment Analysis
Based on average rents and sale prices, CHARLTON PARK delivers an estimated gross rental yield of 1.8%. 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 PARK (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CHARLTON PARK
- Kovan MRT
- Serangoon MRT
- Serangoon MRT
- Bartley MRT
- Zhonghua Secondary School
- Zhonghua Primary School
- Montfort Junior School
Nearby MRT Stations
CHARLTON PARK is 720m from Kovan MRT (North-East Line), with 4 stations within 1.5 km.
Nearby Schools
There are 20 schools within 2 km of CHARLTON PARK, including 9 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Zhonghua Secondary School | Secondary | 90m |
| Zhonghua Primary School | Primary | 140m |
| Montfort Junior School | Primary | 510m |
| Montfort Secondary School | Secondary | 580m |
| Cedar Girls' Secondary School | Secondary | 650m |
| Cedar Primary School | Primary | 680m |
| Xinmin Secondary School | Secondary | 840m |
| Xinmin Primary School | Primary | 940m |
| St. Gabriel's Primary School | Primary | 940m |
| Holy Innocents' High School | Secondary | 1.0 km |
| Serangoon Secondary School | Secondary | 1.1 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 0.72km — 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.
School-belt proximity. Zhonghua Secondary School sits about 0.09km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
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.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"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": "green",
"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 PARK 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. 40 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 PARK?
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Is CHARLTON PARK freehold or leasehold?
How far is the nearest MRT from CHARLTON PARK?
What is the tenure of CHARLTON PARK?
How does CHARLTON PARK 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: 40 transactions analysed
- Rental data: 78 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 PARK
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.