We track 3 sales and 1 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PLACE-8 dashboard.
- Average sale price: $3,082,963 across 3 transactions
- Estimated gross rental yield: 3.1%
- District 19 PSF ranking: Value tier (top 91%)
- Freehold tenure · OCR · D19
About PLACE-8
PLACE-8 is a freehold condominium, located at PAYA LEBAR CRESCENT in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region).
As a freehold property, PLACE-8 does not face lease decay concerns.
Sales Market Overview
PLACE-8 has recorded 3 sale transactions with an average transaction price of $3,082,963, ranging from $2,970,000 to $3,188,888.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $905 psf | $2,970,000 | — |
| 2023 | 1 | $941 psf | $3,090,000 | ↑ 4.0% |
| 2024 | 1 | $984 psf | $3,188,888 | ↑ 4.6% |
PLACE-8 ranks in the top 91% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, PLACE-8 trades 39.2% below the segment benchmark.
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Rental Market Overview
PLACE-8 has recorded 1 rental transactions with monthly rents averaging $8,000/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 1 | $8,000/mo | $8,000/mo | $8,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2023 | 1 | $8,000/mo |
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Investment Analysis
Based on average rents and sale prices, PLACE-8 delivers an estimated gross rental yield of 3.1%. 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 | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows PLACE-8 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PLACE-8
- Bartley MRT
- Serangoon MRT
- Serangoon MRT
- Kovan MRT
- Zhonghua Secondary School
- Zhonghua Primary School
- Montfort Junior School
Nearby MRT Stations
PLACE-8 is 860m from Bartley MRT (Circle Line), with 4 stations within 1.5 km.
Nearby Schools
There are 17 schools within 2 km of PLACE-8, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Zhonghua Secondary School | Secondary | 480m |
| Zhonghua Primary School | Primary | 550m |
| Montfort Junior School | Primary | 850m |
| Cedar Girls' Secondary School | Secondary | 870m |
| Cedar Primary School | Primary | 940m |
| Montfort Secondary School | Secondary | 960m |
| Bartley Secondary School | Secondary | 1.0 km |
| Xinmin Secondary School | Secondary | 1.4 km |
| St. Gabriel's Primary School | Primary | 1.4 km |
| Serangoon Secondary School | Secondary | 1.4 km |
| Xinmin Primary School | Primary | 1.5 km |
| Red Swastika School | Primary | 1.5 km |
FAQ
What is the average price for PLACE-8?
What is the rental yield for PLACE-8?
Is PLACE-8 freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions analysed
- Rental data: 1 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 PLACE-8
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.