We track 2 sales and 11 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SUNSHINE GROVE dashboard.
- Average sale price: $1,615,000 across 2 transactions
- Estimated gross rental yield: 2.8%
- District 19 PSF ranking: Mid-range (top 71%)
- Freehold tenure · OCR · D19 · 20 units
About SUNSHINE GROVE
SUNSHINE GROVE is a freehold condominium, located at JALAN LABU MERAH in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), comprising 20 residential units, completed in 2003.
As a freehold property, SUNSHINE GROVE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at SUNSHINE GROVE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 1 | $1,242 psf | $1,350,000 |
| 4 BR | 1 | $1,180 psf | $1,880,000 |
Sales Market Overview
SUNSHINE GROVE has recorded 2 sale transactions with an average transaction price of $1,615,000, ranging from $1,350,000 to $1,880,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 2 | $1,211 psf | $1,615,000 | — |
SUNSHINE GROVE ranks in the top 71% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, SUNSHINE GROVE trades 21.9% below the segment benchmark.
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Rental Market Overview
SUNSHINE GROVE has recorded 11 rental transactions with monthly rents averaging $3,773/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 3 | $2,867/mo | $2,300/mo | $3,400/mo |
| 3 BR | 8 | $4,113/mo | $2,700/mo | $4,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 1 | $3,200/mo |
| 2022 | 3 | $2,633/mo |
| 2023 | 1 | $4,700/mo |
| 2024 | 3 | $4,267/mo |
| 2025 | 2 | $4,050/mo |
| 2026 | 1 | $4,800/mo |
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Investment Analysis
Based on average rents and sale prices, SUNSHINE GROVE 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 | 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 SUNSHINE GROVE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SUNSHINE GROVE
- Serangoon MRT
- Serangoon MRT
- Bartley MRT
- Woodleigh MRT
- Lorong Chuan MRT
- Bartley Secondary School
- Cedar Girls'
- Cedar Primary School
Nearby MRT Stations
SUNSHINE GROVE is 350m from Serangoon MRT (North-East Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Serangoon | NE12 | North-East Line | 350m |
| Serangoon | CC13 | Circle Line | 350m |
| Bartley | CC12 | Circle Line | 810m |
| Woodleigh | NE11 | North-East Line | 890m |
| Lorong Chuan | CC14 | Circle Line | 1.2 km |
Nearby Schools
There are 12 schools within 2 km of SUNSHINE GROVE, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Bartley Secondary School | Secondary | 630m |
| Cedar Girls' Secondary School | Secondary | 1.0 km |
| Cedar Primary School | Primary | 1.1 km |
| Red Swastika School | Primary | 1.3 km |
| Zhonghua Secondary School | Secondary | 1.3 km |
| Zhonghua Primary School | Primary | 1.4 km |
| Serangoon Secondary School | Secondary | 1.4 km |
| Montfort Junior School | Primary | 1.7 km |
| Assumption Pathway School | Secondary | 1.8 km |
| Stamford Primary School | Primary | 1.8 km |
| Montfort Secondary School | Secondary | 1.8 km |
| Xinmin Secondary School | Secondary | 1.9 km |
FAQ
What is the average price for SUNSHINE GROVE?
What is the rental yield for SUNSHINE GROVE?
Is SUNSHINE GROVE 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: 2 transactions analysed
- Rental data: 11 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 SUNSHINE GROVE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.