We track 11 sales and 75 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PRIMO RESIDENCES dashboard.
- Average sale price: $1,125,909 across 11 transactions
- Estimated gross rental yield: 3.2%
- District 19 PSF ranking: Mid-range (top 59%)
- Freehold tenure · OCR · D19 · 64 units
About PRIMO RESIDENCES
PRIMO RESIDENCES is a freehold condominium, located at JALAN PELIKAT in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by TAIPAN INTERNATIONAL ASSOCIATES PTE LTD, comprising 64 residential units, completed in 2013.
As a freehold property, PRIMO RESIDENCES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at PRIMO RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 2 | $1,324 psf | $619,000 |
| 1 BR | 3 | $1,340 psf | $770,000 |
| 2 BR | 2 | $1,281 psf | $1,110,000 |
| 3 BR | 2 | $1,290 psf | $1,389,000 |
| 4 BR | 2 | $1,178 psf | $1,919,500 |
Sales Market Overview
PRIMO RESIDENCES has recorded 11 sale transactions with an average transaction price of $1,125,909, ranging from $600,000 to $2,000,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,224 psf | $767,667 | — |
| 2022 | 3 | $1,268 psf | $1,096,667 | ↑ 3.6% |
| 2023 | 1 | $1,478 psf | $875,000 | ↑ 16.6% |
| 2024 | 3 | $1,302 psf | $1,503,000 | ↓ 11.9% |
| 2025 | 1 | $1,308 psf | $1,408,000 | ↑ 0.5% |
PRIMO RESIDENCES ranks in the top 59% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, PRIMO RESIDENCES trades 16.9% below the segment benchmark.
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Rental Market Overview
PRIMO RESIDENCES has recorded 75 rental transactions with monthly rents averaging $2,973/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 39 | $2,558/mo | $1,650/mo | $3,600/mo |
| 2 BR | 29 | $3,314/mo | $2,150/mo | $4,100/mo |
| 3 BR | 7 | $3,879/mo | $2,800/mo | $4,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 11 | $2,118/mo |
| 2022 | 13 | $2,735/mo |
| 2023 | 14 | $3,396/mo |
| 2024 | 16 | $3,134/mo |
| 2025 | 16 | $3,059/mo |
| 2026 | 5 | $3,500/mo |
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Investment Analysis
Based on average rents and sale prices, PRIMO RESIDENCES delivers an estimated gross rental yield of 3.2%. 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 |
FAQ
What is the average price for PRIMO RESIDENCES?
What is the rental yield for PRIMO RESIDENCES?
Is PRIMO RESIDENCES 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: 11 transactions analysed
- Rental data: 75 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 PRIMO RESIDENCES
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