We track 4 sales and 22 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SUMMER PLACE dashboard.
- Average sale price: $3,649,500 across 4 transactions
- Estimated gross rental yield: 2.4%
- District 19 PSF ranking: Premium tier (top 24%)
- Freehold tenure · OCR · D19 · 48 units
About SUMMER PLACE
SUMMER PLACE is a freehold condominium, located at SUMMER PLACE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by KLASSE PROPERTIES PTE LTD, comprising 48 residential units, completed in 1988.
As a freehold property, SUMMER PLACE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at SUMMER PLACE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 2 | $1,988 psf | $3,259,000 |
| 5+ BR | 2 | $1,323 psf | $4,040,000 |
Sales Market Overview
SUMMER PLACE has recorded 4 sale transactions with an average transaction price of $3,649,500, ranging from $2,918,000 to $4,780,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,700 psf | $3,766,000 | — |
| 2022 | 1 | $1,521 psf | $3,300,000 | ↓ 10.6% |
SUMMER PLACE ranks in the top 24% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, SUMMER PLACE trades 6.8% above the segment benchmark.
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Rental Market Overview
SUMMER PLACE has recorded 22 rental transactions with monthly rents averaging $7,359/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 22 | $7,359/mo | $3,000/mo | $11,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 3 | $4,833/mo |
| 2022 | 7 | $7,557/mo |
| 2023 | 1 | $9,400/mo |
| 2024 | 4 | $7,525/mo |
| 2025 | 7 | $7,857/mo |
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Investment Analysis
Based on average rents and sale prices, SUMMER PLACE delivers an estimated gross rental yield of 2.4%. 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 | 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 SUMMER PLACE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SUMMER PLACE
- Lorong Chuan MRT
- Serangoon MRT
- Serangoon MRT
- Serangoon Secondary School
- Cedar Primary School
- Cedar Girls'
Nearby MRT Stations
SUMMER PLACE is 800m from Lorong Chuan MRT (Circle Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Lorong Chuan | CC14 | Circle Line | 800m |
| Serangoon | NE12 | North-East Line | 1.0 km |
| Serangoon | CC13 | Circle Line | 1.0 km |
Nearby Schools
There are 20 schools within 2 km of SUMMER PLACE, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Serangoon Secondary School | Secondary | 520m |
| Cedar Primary School | Primary | 780m |
| Cedar Girls' Secondary School | Secondary | 820m |
| Serangoon Garden Secondary School | Secondary | 880m |
| Bowen Secondary School | Secondary | 980m |
| Xinghua Primary School | Primary | 1.1 km |
| Yangzheng Primary School | Primary | 1.1 km |
| Maris Stella High School (Primary) | Primary | 1.3 km |
| Maris Stella High School | Secondary | 1.3 km |
| Xinmin Secondary School | Secondary | 1.5 km |
| Zhonghua Secondary School | Secondary | 1.6 km |
| Zhonghua Primary School | Primary | 1.6 km |
FAQ
What is the average price for SUMMER PLACE?
What is the rental yield for SUMMER PLACE?
Is SUMMER PLACE 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: 4 transactions analysed
- Rental data: 22 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 SUMMER PLACE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.