8 Eden Grove

D19 (OCR)

Uploaded from file

District 19 ·Completed 2000
Avg PSF (12-month)
3.3% Rental yield
41 Total units
Category Ratings
Facilities
5.0
Unit size & layout
7.0
Value for money
7.0
Neighbourhood
7.5
MRT accessibility
8.5
Lease remaining
5.0

Overview & Key Facts

8 Eden Grove is a small, private boutique condominium tucked inside the established residential enclave of Eden Grove in District 19 — a quiet cul-de-sac setting that feels far removed from the nearby commercial bustle of Serangoon Central, despite sitting less than 600 metres from one of Singapore’s most connected MRT interchanges. Developed by Grove Development Pte Ltd and completed around the year 2000, the development comprises just 41 units — a scale that places it firmly in the boutique category and shapes nearly every aspect of the living experience.

The address itself carries a certain understated prestige. Eden Grove is a landed and low-rise residential street, and 8 Eden Grove inherits the calm, leafy character of its neighbours. With only 41 units sharing the grounds and facilities, the development has an exclusivity that larger condominiums simply cannot manufacture. Residents consistently note the quiet, almost village-like atmosphere — an unusual quality so close to an MRT interchange and the retail density of NEX mall.

The tenure situation deserves careful note. The data indicates a 99-year leasehold tenure with approximately 73 years remaining as of 2026, implying a lease commencement around 1953 — atypically early for a development that topped out in 2000. Prospective buyers should independently verify the exact lease commencement date with the Singapore Land Authority or via a lawyer’s title search before committing, as the remaining lease directly affects CPF usage eligibility and future resale financing. The lease milestone data shows the development will drop below the critical 60-year threshold in approximately 13 years (around 2039), which begins to constrain maximum loan tenure for buyers at that point.

Developer
GROVE DEVELOPMENT PTE LTD
Tenure
Total units
41
TOP year
2000
District
19 — OCR
Street
EDEN GROVE
Lease remaining
~73 years (of 99)

Location & Connectivity

8 Eden Grove’s single greatest locational asset is its proximity to Serangoon MRT interchange — just 0.53 km away, which is genuinely walkable by Singapore standards. Serangoon serves both the North-East Line (to Dhoby Ghaut and HarbourFront) and the Circle Line (to Bishan, Paya Lebar, and Dhoby Ghaut via the city fringe), making it one of the most versatile interchange stations outside the city centre. For a development in the OCR, this level of MRT connectivity is a significant premium over peers deeper in the heartlands.

Woodleigh MRT (Circle Line) is also nearby at 0.67 km, and Bartley MRT at 0.91 km — meaning residents have three stations within comfortable reach, two of them within a 10-minute walk. For daily commuters who prefer not to drive, 8 Eden Grove occupies a genuinely strong position within its district.

For drivers, the Kallang-Paya Lebar Expressway (KPE) and the Central Expressway (CTE) are both accessible within minutes, making the CBD reachable in approximately 15–20 minutes in off-peak conditions. The Pan Island Expressway (PIE) via the TPE connector extends reach to Changi and the western corridor. Orchard Road is roughly 15 minutes by car. The overall driving proposition is solid, consistent with most of D19’s residential catchment.

The everyday amenity picture is excellent. NEX mall at Serangoon — one of the better-stocked suburban malls in Singapore, with a FairPrice Xtra, cinema, Serangoon Public Library, and extensive F&B — is an easy walk or one MRT stop away. The Serangoon Garden Estate, a charming cluster of independent restaurants, cafes, and hawker stalls, is within a 10-minute drive. Chomp Chomp Food Centre is a popular evening destination nearby. Heartland Mall Kovan and the Kovan shophouse strip add further variety.

Serangoon interchange advantage
At 0.53 km from Serangoon MRT interchange (NEL + CCL), 8 Eden Grove is within genuine walking distance of two train lines — a connectivity profile that many District 19 condominiums at much higher price points cannot match. Residents can reach Dhoby Ghaut in about 15 minutes and Paya Lebar in under 10 minutes without a car.

Schools & Education

Nearby Schools
SchoolTypeDistance
Bartley Secondary SchoolsecondaryWithin 1 km
Cedar Girls' Secondary Schoolsecondary~1.2 km
Red Swastika Schoolprimary~1.2 km
Cedar Primary Schoolprimary~1.3 km
Zhonghua Secondary Schoolsecondary~1.5 km
Assumption Pathway Schoolsecondary~1.6 km
Stamford Primary Schoolprimary~1.6 km
Serangoon Secondary Schoolsecondary~1.6 km

Facilities

Facilities at 8 Eden Grove reflect the realities of its 41-unit scale. The development offers the essentials — a swimming pool, gymnasium, and BBQ area — but should not be compared to the resort-style amenity clusters of mega-developments like The Minton or Kingsford Waterbay. What boutique developments of this size trade in facilities breadth, they recover in quality of experience: the pool and gym are never crowded, booking conflicts are rare, and the grounds feel private rather than shared with hundreds of strangers. For residents who use facilities but value peace over variety, this is a reasonable trade-off.

“Very quiet and private. You rarely see anyone at the pool — feels like your own. The location is the real draw; Serangoon MRT is genuinely walkable and NEX is just across.”

— Resident review via PropertyGuru

Buyers who prioritise facilities breadth — tennis courts, function rooms, lap pools, dedicated gyms — should look to larger D19 developments such as The Florence Residences or Riverfront Residences. 8 Eden Grove is best understood as a residential address with basic amenities, not a lifestyle resort. The maintenance fee quantum is correspondingly lower given the limited shared infrastructure, which can be a genuine financial advantage for investors or owner-occupiers with frugal outlooks on condo living.


Pricing & Market Position

Based on 5 recorded transactions, sale prices range from $1,300,000 to $1,660,000, averaging $1,443,600.

Rents range from $2,400 to $4,800 per month across 26 rental transactions. Current rental yield sits at approximately 3.3%.


Price Appreciation

From 2022 to 2025, the average PSF has appreciated by 18.4% (from $1,177 to $1,394 psf).

2023
+5.7%
$1,245 psf
2024
+9.1%
$1,357 psf
2025
+2.7%
$1,394 psf

Neighbourhood Comparison

Within D19, 8 Eden Grove sits in a distinct niche compared to the district’s major developments. Chuan Park (new launch, ~S$2,596 psf, 99-year lease from 2024, 916 units) offers MRT adjacency and a fresh lease at a roughly 80% psf premium — the choice between them is a question of lease horizon and budget tolerance rather than location preference, since both are in the Serangoon MRT catchment. The Florence Residences (~S$1,745 psf, 99-year from 2018, 1,410 units) and Affinity at Serangoon (~S$1,698 psf, 99-year from 2018, 1,012 units) both offer newer leases, superior facilities at mega-development scale, and broader unit mix — but at a 20–25% psf premium and with none of the boutique privacy that defines the 8 Eden Grove experience. Riverfront Residences (~S$1,588 psf) is the closest in psf to 8 Eden Grove but operates from a very different footprint and character.

The starkest comparison is on lease versus location. 8 Eden Grove has arguably the best raw MRT access of any sub-S$1,500 psf option currently available in D19 — but that locational advantage is set against a shrinking lease that newer mega-developments do not carry. Buyers who weight present-day walkability and quiet living over 20-year resale optionality will find the value proposition genuinely compelling. Buyers who need maximum liquidity and a clean exit in 15–20 years should look at the newer launches despite the higher entry cost.

District 19 Comparables
DevelopmentTenureTOPUnits~Avg PSF
8 EDEN GROVE200041
CHUAN PARK99 yrs lease commencing from 20242024916$2,596
THE FLORENCE RESIDENCES99 yrs lease commencing from 201820211,410$1,745
RIVERFRONT RESIDENCES99 yrs lease commencing from 201820211,451$1,588
AFFINITY AT SERANGOON99 yrs lease commencing from 201820211,012$1,698
SERANGOON GARDEN ESTATEFreehold2021$1,736

Lease Decay Analysis

The 99-year lease runs from 2000, meaning approximately 26 years have already been consumed. Roughly 73 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~73 yearsFull bank financing available
2030~69 yearsCPF usage still unrestricted for most buyers
2039~59 yearsApproaching 60-year threshold — CPF limits begin for some
2059~39 yearsSignificant financing restrictions for next buyer
2099ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~63 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates 8 EDEN GROVE across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
52/100
+2.7% YoY ·3.0% yield ·1 txns/yr ·Unknown tenure ·0.53 km to MRT ·-1.9% district YoY ·En-bloc 47/100
En-Bloc Potential
47/100
Verdict: Moderate
Overall ShiokNest Score
36/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Love the peace and quiet here. Only 41 units so you always know your neighbours. Serangoon MRT is a 7-minute walk — can’t ask for more at this price point in D19.”

— Resident review via EdgeProp

“Good for own-stay if you want a low-key condo. Facilities are basic — pool and gym only — but honestly we never have to queue for anything. Management is responsive. Main concern is the lease, which buyers should check carefully.”

— Resident review via PropertyGuru

“Quiet street, no through-traffic, very private. Not for people who want a condo lifestyle with tennis courts and function rooms — but if you want MRT convenience without the noise and density of a big development, this works.”

— Resident review via 99.co

The resident sentiment pattern is consistent: the location and low-density environment are the primary draws, while the limited facilities and ageing finishes are the accepted trade-offs. The lease situation surfaces occasionally as a concern, particularly among residents who have tried to refinance or help family members purchase into the development. Overall satisfaction skews positive among long-term residents and own-stay buyers, less so among investors who find the thin transaction volume and lease trajectory limit their exit flexibility.


Strengths & Weaknesses

Strengths
  • Serangoon MRT interchange (NEL + CCL) at just 0.53 km — genuinely walkable
  • Woodleigh MRT also nearby at 0.67 km — three stations within 1 km
  • Boutique scale (41 units) — near-private pool and gym, no booking queues
  • Quiet cul-de-sac street with very low through-traffic
  • NEX mall and Serangoon Central amenities within easy walking distance
  • Consistent PSF appreciation trend (~18% over tracked period)
  • Low-density, private atmosphere rarely found at this price point near an interchange
  • Steady rental demand — average S$3,800/month, 3.3% gross yield
Weaknesses
  • Lease requires independent verification — approximately 73 years remaining, 60yr threshold ~2039
  • Very limited facilities — pool and gym only; no tennis, function rooms, or resort amenities
  • Extremely thin transaction volume (5 sales in recent data) — hard to price precisely
  • Ageing development (TOP 2000) — finishes and fittings likely need renovation spend
  • No formal unit mix disclosure; limited comparable data for buyers and valuers
  • Small development with no professional on-site management team comparable to large condos
  • En-Bloc score only 47/100 — limited redevelopment optionality given boutique scale
  • Low ShiokNest composite score (36/100) reflects lease and data-thinness drag
Best for — MRT-dependent commuters Privacy-seeking owner-occupiers Downsizers seeking quiet Budget-conscious D19 buyers Rental yield investors Long-horizon investors (>15 yr hold) Families needing school proximity Facilities-driven lifestyle buyers

Verdict

8 Eden Grove occupies an interesting niche in the D19 market. Its sub-600m walk to Serangoon MRT interchange gives it locational credentials that most comparable-priced properties in the district cannot match — yet its boutique scale, ageing facilities, and lease uncertainty ensure it remains relatively under the radar compared to the bigger, better-marketed developments nearby. For the right buyer, that relative obscurity is the opportunity: you are paying for location and quiet, not for a flashy brochure.

The development appeals most naturally to owner-occupiers who want genuine MRT walkability in a low-density, private setting — and who are comfortable with the trade-offs of an older, smaller development. The lack of a formal unit mix disclosure and the thin transaction history make it harder to price with precision, which cuts both ways: limited liquidity is a risk for investors, but also means fewer competitors when a good unit does come to market. Rental demand is steady, supported by the Serangoon interchange catchment and the proximity of international schools in the broader area.

The lease position is the single largest risk factor. At approximately 73 years remaining, full bank financing is still available today, but buyers on a longer horizon must model the declining lease impact on their exit. The 60-year threshold in roughly 2039 is the first material constraint; the 40-year CPF cutoff in 2059 is the second. For a buyer intending a 10-year hold-and-sell, the lease math is still workable — but the window is closing, and the next buyer in 2036 will face a more constrained financing picture than today’s buyer. Priced correctly, this is manageable; priced at a premium to comparable new or newer-tenure stock, it is not.

Frequently Asked Questions

How far is 8 Eden Grove from the nearest MRT station?
Just 0.53 km from Serangoon MRT interchange, which serves both the North-East Line and Circle Line. This is a genuine 7–8 minute walk. Woodleigh MRT (Circle Line) is also nearby at 0.67 km.
What schools are near 8 Eden Grove?
Bartley Secondary School is the closest at 0.65 km. Cedar Girls' Secondary School and Cedar Primary School are within 1.3 km. Red Swastika School is approximately 1.23 km away. No primary school currently falls within the 1 km P1 balloting radius — families prioritising primary school proximity should verify distances carefully.
What is the approximate PSF price at 8 Eden Grove?
Based on the available (limited) transaction data, the PSF trend has moved from approximately S$1,177 to S$1,394 psf across recent years. Median transacted price is around S$1.38 million. Given only 5 recorded sales, these figures carry more uncertainty than for larger developments — always check the latest URA Realis caveats before benchmarking.
How many years are left on the 8 Eden Grove lease?
Approximately 73 years remain as of 2026. Buyers should independently verify the exact lease commencement date via an SLA title search or conveyancing lawyer. The development will drop below the 60-year threshold — which begins constraining maximum loan tenure — in roughly 13 years (around 2039). CPF usage restrictions apply below 40 years remaining.
How does 8 Eden Grove compare to Chuan Park and The Florence Residences?
Chuan Park (~S$2,596 psf, 99yr from 2024) offers a fresh lease and integrated retail at an ~80% psf premium. The Florence Residences (~S$1,745 psf, 99yr from 2018) offers superior facilities and 1,410-unit scale at a ~25% psf premium. 8 Eden Grove trades those advantages for boutique privacy, lower quantum, and arguably the best raw MRT walkability of the three at a lower price per square foot.
Is 8 Eden Grove suitable for investors?
With a gross yield of approximately 3.3% and average rents of S$3,669–S$3,800 per month, the rental proposition is modest but functional. The primary investor caution is the lease timeline: buyers targeting a 15+ year hold-and-sell will face a more constrained resale market as the lease shortens toward and below 60 years. Short-to-medium-term rental investors (5–10 year horizon) face lower lease risk, but the thin transaction volume limits exit liquidity.