Gillenia
Located in District 19 (Punggol, Hougang, Serangoon Gardens), Gillenia is a 999-year leasehold condominium in the Outside Central Region (OCR). Completed in 2009, the development comprises 16 units, on a lease that commenced in 1886. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
GILLENIA is a 999 yrs lease commencing from 1886 condominium at ROSYTH ROAD in District 19 (OCR), developed by TIONG AIK DEVELOPMENT PTE LTD, comprising 16 units, completed in 2009.
Location & Connectivity
GILLENIA is approximately 760m from Kovan MRT station.
| Station | Line | Distance |
|---|---|---|
| Kovan | North-East Line | 760m |
Schools & Education
24 schools within 2 km (14 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Xinmin Secondary School | Secondary | 260m |
| Xinmin Primary School | Primary | 370m |
| Yangzheng Primary School | Primary | 420m |
| Rosyth School | Primary | 690m |
| Hillside World Academy | International | 710m |
| Holy Innocents' High School | Secondary | 740m |
| Serangoon Secondary School | Secondary | 790m |
| Xinghua Primary School | Primary | 820m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,096 psf | $967,500 |
| 3 BR | 5 | $1,215 psf | $1,367,600 |
Market Position
GILLENIA has recorded 7 sales at an average price of $1,253,286.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at GILLENIA typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 2 BR | $3,290/mo | $967,500 | 4.08% | $340/mo |
| 3 BR | $3,400/mo | $1,367,600 | 2.98% | $249/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,057 psf | — |
| 2023 | 3 | $1,137 psf | ↑ 7.6% |
| 2024 | 1 | $1,350 psf | ↑ 18.7% |
| 2026 | 1 | $1,394 psf | ↑ 3.2% |
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The latest reading marks the highest point in this series — GILLENIA prices have climbed 31.8% since 2021.
Price Index Check
The ShiokNest Price Index for District 19 reads 131.3 as of June 2026 — up 2.8% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,752 psf | 873 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,596 psf | 648 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 604 |
| SERANGOON GARDEN ESTATE | Freehold | $1,759 psf | 491 |
What Could Work Against You
- With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 16-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
The profile fits car-owning households, p1 school balloting families, long-term hold (10+ yr) and freehold / generational hold best. At ~756m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
For first-time hdb upgraders, it can work — but weigh the trade-offs before committing.
yield-focused investors should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
GILLENIA is a 999 yrs lease commencing from 1886 development in District 19 (OCR), with 16 units, offering a gross yield of 3.2%.
At ~$1,394 psf, it represents a competitive entry point in the OCR segment.
Explore the full GILLENIA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing GILLENIA against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for GILLENIA?
Is GILLENIA freehold?
What is the rental yield for GILLENIA?
Which MRT is nearest to GILLENIA?
Sources & Next Steps
- GILLENIA Dashboard — Live charts and analytics
- URA — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 7 transactions
- Rental data: 4 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Feb 2026 · 7 records analysed · Source: URA private-sale caveats