We track 9 sales and 35 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the TAI PENG GARDENS dashboard.
- Average sale price: $4,647,543 across 9 transactions
- Estimated gross rental yield: 1.0%
- District 19 PSF ranking: Premium tier (top 13%)
- Freehold tenure · OCR · D19
About TAI PENG GARDENS
TAI PENG GARDENS is a freehold condominium, located at JALAN RENGKAM in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), completed in 2024.
As a freehold property, TAI PENG GARDENS does not face lease decay concerns.
Sales Market Overview
TAI PENG GARDENS has recorded 9 sale transactions with an average transaction price of $4,647,543, ranging from $3,280,000 to $5,818,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 2 | $1,382 psf | $4,480,000 | — |
| 2024 | 7 | $1,974 psf | $4,695,413 | ↑ 42.8% |
TAI PENG GARDENS ranks in the top 13% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, TAI PENG GARDENS trades 18.8% above the segment benchmark.
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Rental Market Overview
TAI PENG GARDENS has recorded 35 rental transactions with monthly rents averaging $3,966/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 35 | $3,966/mo | $2,100/mo | $6,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 6 | $2,983/mo |
| 2022 | 5 | $3,360/mo |
| 2023 | 10 | $4,260/mo |
| 2024 | 3 | $3,967/mo |
| 2025 | 9 | $4,511/mo |
| 2026 | 2 | $4,500/mo |
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Investment Analysis
Based on average rents and sale prices, TAI PENG GARDENS delivers an estimated gross rental yield of 1.0%. 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 TAI PENG GARDENS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- TAI PENG GARDENS
- Kovan MRT
- Hougang MRT
- Hougang Primary School
- Hougang Secondary School
- St. Gabriel'
Nearby MRT Stations
TAI PENG GARDENS is 420m from Kovan MRT (North-East Line), with 2 stations within 1.5 km.
Nearby Schools
There are 19 schools within 2 km of TAI PENG GARDENS, including 9 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Hougang Primary School | Primary | 150m |
| Hougang Secondary School | Secondary | 150m |
| St. Gabriel's Primary School | Primary | 180m |
| Holy Innocents' Primary School | Primary | 250m |
| Holy Innocents' High School | Secondary | 300m |
| Montfort Secondary School | Secondary | 600m |
| Xinmin Primary School | Primary | 670m |
| Montfort Junior School | Primary | 710m |
| Xinmin Secondary School | Secondary | 790m |
| Zhonghua Primary School | Primary | 1.0 km |
| Zhonghua Secondary School | Secondary | 1.1 km |
| Rosyth School | Primary | 1.4 km |
FAQ
What is the average price for TAI PENG GARDENS?
What is the rental yield for TAI PENG GARDENS?
Is TAI PENG GARDENS 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: 9 transactions analysed
- Rental data: 35 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 TAI PENG GARDENS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.