For digest readers, the four numbers that matter for District 19 landed (Hougang / Punggol / Sengkang) in October 2023 are: (a) transacted volume relative to trailing-12-month averages, (b) median PSF for the comparable-quality sample, (c) gross rental yield (where applicable), and (d) the segment-mix composition that influenced the headline aggregate. Cross-reference the chart in this digest against URA REALIS for verified caveat-level detail, and against the URA Property Price Index for the quarterly cycle-level benchmark.
The landed transacted activity reading for District 19 landed (Hougang / Punggol / Sengkang) reflects the interplay between (1) the policy environment (IRAS ABSD rates for buyer-side cooling, IRAS BSD rates for the standard upfront stamp), (2) the financing cost environment (MAS SORA dashboard for the floating-rate benchmark plus typical 0.6–0.85% bank spread = ~4.0% all-in), and (3) the MAS TDSR / cooling measures explainer that caps debt-servicing at 55% of gross income. Each of these levers can shift period-to-period readings independently.
The October 2023 landed monthly digest digest for District 19 landed (Hougang / Punggol / Sengkang) sits within a defined cycle context. Singapore landed property is structurally constrained: foreigners need LDAU approval; effective demand is Singapore Citizen + a small share of LDAU-approved PRs. This digest reads the period’s data alongside the structural framework set by Singapore’s post-April-2023 cooling-measure regime — foreigner ABSD at 60%, Singapore Citizen second-property ABSD at 20%, 3M SORA in the 3.0–3.5% band — that shapes how the raw figures translate into actionable buyer or seller decisions (as of 2023-10).
- Landed sales: 17 transactions in D19
- Average PSF: $1,644 psf (↓ 4.7% MoM)
- Average price: $4,124,222
- OCR · D19 (Punggol, Hougang, Serangoon Gardens)
Monthly Overview
District 19 (Punggol, Hougang, Serangoon Gardens) recorded 17 landed property transactions in October 2023 at an average PSF of $1,644 psf.
Type Breakdown
Landed transactions by type in D19 during October 2023.
| Type | Volume | Share | Avg PSF | Avg Price |
|---|---|---|---|---|
| Terrace | 12 | 70.6% | $1,681 psf | $4,018,898 |
| Terrace | 3 | 17.6% | $1,339 psf | $2,978,333 |
| Semi-Detached | 2 | 11.8% | $1,879 psf | $6,475,000 |
Top Streets
Streets with the highest landed transaction volume in D19.
| Street | Transactions | Avg PSF | Avg Price |
|---|---|---|---|
| ALNWICK ROAD | 4 | $1,757 psf | $5,587,472 |
| JALAN HOCK CHYE | 2 | $1,255 psf | $4,800,000 |
| LEITH ROAD | 2 | $1,740 psf | $3,900,000 |
| JALAN CHERMAT | 1 | $2,979 psf | $5,588,888 |
| PARK VILLAS GREEN | 1 | $1,575 psf | $2,600,000 |
Notable Transactions
The highest-value landed transactions in D19 during October 2023.
| Street | Type | Price | PSF | Sale Type |
|---|---|---|---|---|
| ALNWICK ROAD | Semi-Detached | $7,300,000 | $1,740 psf | Resale |
| ALNWICK ROAD | Semi-Detached | $5,650,000 | $2,018 psf | Resale |
| JALAN CHERMAT | Terrace | $5,588,888 | $2,979 psf | Resale |
| ALNWICK ROAD | Terrace | $5,000,000 | $1,786 psf | Resale |
| JALAN HOCK CHYE | Terrace | $4,800,000 | $1,255 psf | Resale |
The October 2023 period’s landed transacted activity for District 19 landed (Hougang / Punggol / Sengkang) reflects specific micro-level drivers. Within the aggregate figure, individual sub-segments (different unit types, floor bands, tenure types) typically move at different rates — the period’s ‘top movers’ are units or sub-cohorts whose performance deviated meaningfully from the mean. For investors and sellers, identifying these movers is more useful than the headline average because the mean smooths out the dispersion that creates actual buying or selling opportunities.
Typical top-mover categories in any digest period include: (a) freehold units in 99-year-dominated districts that command a meaningful tenure premium, (b) high-floor units in projects with strong views or panoramic orientation (5–15% PSF premium vs low-floor in same project), (c) recently-renovated stock that commands ~5–10% premium over comparable un-renovated transacted PSF, and (d) units close to recently-opened MRT lines or new developments that create proximity-premium uplift. For District 19 landed (Hougang / Punggol / Sengkang) in October 2023, the dispersion across these categories is the more informative reading than the headline median. Use District 19 for cross-reference.
Conversely, soft-mover categories typically include 99-year leasehold stock approaching financing-window thresholds (lease <30 years), units with unfavourable orientation or noise exposure, and developments where MCST management quality has degraded. Cross-reference URA REALIS for the per-project caveats and assess which projects in District 19 landed (Hougang / Punggol / Sengkang) fall into which category.
The embedded chart for this landed monthly digest digest of District 19 landed (Hougang / Punggol / Sengkang) in October 2023 visualises the landed transacted activity trajectory. The two readings to focus on are (1) the absolute level versus the trailing-12-month mean, and (2) the direction of change across the most recent 3–4 periods. A single-period spike or trough is rarely informative; sustained directional movement across multiple periods signals a structural shift worth acting on.
For comparative context, place District 19 landed (Hougang / Punggol / Sengkang)’s October 2023 reading against (a) the corresponding national-level URA Property Price Index figure for the segment, and (b) the equivalent reading in adjacent districts or towns. The relative positioning — whether District 19 landed (Hougang / Punggol / Sengkang) is leading or lagging the national segment — informs whether the period’s reading is geography-specific or part of a broader cycle move. Use landed prices map for district-level visual comparison and landed stamp duty calculator for direct numeric benchmarking.
Looking ahead from October 2023, the forward variables for District 19 landed (Hougang / Punggol / Sengkang) landed transacted activity are (a) the URA Government Land Sales pipeline within a 1km radius, which determines new-supply pressure, (b) the SORA trajectory over the next 2–4 quarters, which shapes mortgage-driven affordability, and (c) any local infrastructure changes (new MRT stations, school openings, redevelopment of neighbouring plots) that could shift relative attractiveness. Track these via URA REALIS and the MAS SORA dashboard (as of 2023-10).
FAQ
How many landed transactions were recorded in District 19 in October 2023?
What was the average PSF for landed properties in District 19?
Which landed type was most traded in District 19?
What does the October 2023 landed monthly digest reading for District 19 landed (Hougang / Punggol / Sengkang) indicate?
The reading is a snapshot of transacted activity in October 2023 for District 19 landed (Hougang / Punggol / Sengkang) on the landed transacted activity dimension. Single-period readings are most informative when read against trailing-12-month and same-period-prior-year benchmarks. Pull verified caveats from URA REALIS for transaction-level detail (as of 2023-10).
How was this landed transacted activity figure computed?
The figure is derived from URA REALIS caveats for District 19 landed (Hougang / Punggol / Sengkang) filed during October 2023. landed transacted activity computations follow standard methodologies: gross yield = annual rent / purchase price for the same unit cohort; transacted PSF = price / floor area; volume = caveat count for the segment. For HDB digests the equivalent source is the HDB resale portal.
How does this period compare to the same period a year ago?
Year-over-year comparison strips out seasonality. The most informative read is whether October 2023’s landed transacted activity reading is materially above or below the equivalent period one year earlier, controlling for the broader Singapore property cycle. Use the URA Property Price Index for cycle-level context.
What policy environment shaped this reading?
The reading sits within the post-April-2023 cooling-measure regime: foreigner ABSD 60%, SC second-property ABSD 20%, TDSR 55% per the MAS TDSR / cooling measures explainer. SORA-linked mortgage rates near 4.0% effective shape the affordability ceiling. These structural variables affect demand-side composition across all digest periods since 2023.
Should I act on this digest?
Honest answer: depends on holding horizon and buyer profile. For owner-occupiers with 10+ year horizons, single-period digest readings rarely trigger action. For sellers or short-horizon investors, sustained directional moves across 3–4 periods may indicate timing windows. Cross-reference your specific buyer profile via the IRAS BSD rates and CPF home ownership rules alongside the digest data.
Methodology & Sources
The dataset behind this report spans October 2023; we refresh it every month.
Transaction data sourced from URA REALIS.
- Transaction data from URA REALIS.
- Landed types: Terrace, Semi-Detached, Detached (including Strata equivalents).
Price-per-square-foot (PSF) here means the median deal in the period; means are reserved for volume-weighted aggregates explicitly labelled as such.