Glasgow Residence

D19 (OCR) 999 yrs lease commencing from 1886

Located in District 19 (Punggol, Hougang, Serangoon Gardens), Glasgow Residence is a 999-year leasehold condominium in the Outside Central Region (OCR). Completed in 2013, the development comprises 31 units, on a lease that commenced in 1886. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 19 · 999 yrs lease commencing from 1886 · Completed 2013
~$1,472Avg PSF (12-month)
31Total units
Category Ratings
Facilities
4.5
Unit size & layout
6.5
Value for money
7.5
Neighbourhood
7.0
MRT accessibility
6.0
Lease remaining
9.5

Overview & Key Facts

GLASGOW RESIDENCE is a 999 yrs lease commencing from 1886 condominium at GLASGOW ROAD in District 19 (OCR), developed by WORLD CLASS PROPERTY (NORTH) PTE LTD, comprising 31 units, completed in 2013.

Developer
WORLD CLASS PROPERTY (NORTH) PTE LTD
Tenure
999 yrs lease commencing from 1886
Total units
31
TOP year
2013
District
19 — OCR
Street
GLASGOW ROAD

Location & Connectivity

GLASGOW RESIDENCE is approximately 750m from Kovan MRT station.

MRT stations near GLASGOW RESIDENCE
StationLineDistance
KovanNorth-East Line750m

Schools & Education

24 schools within 2 km (15 within 1 km priority zone).

Schools near GLASGOW RESIDENCE
SchoolTypeDistance
Xinmin Secondary SchoolSecondary280m
Xinmin Primary SchoolPrimary420m
Yangzheng Primary SchoolPrimary460m
Hillside World AcademyInternational590m
Serangoon Secondary SchoolSecondary710m
Cedar Primary SchoolPrimary760m
Holy Innocents' High SchoolSecondary790m
Rosyth SchoolPrimary790m

Unit Mix & Pricing

Unit mix for GLASGOW RESIDENCE
TypeSalesAvg PSFAvg Price
Studio9$1,398 psf$585,000
2 BR1$1,450 psf$1,280,000
3 BR1$1,052 psf$1,030,000

Market Position

GLASGOW RESIDENCE has recorded 11 sales at an average price of $688,636.

GLASGOW RESIDENCE sits at the 49th percentile of District 19 condo PSF.
$1,472 psf
Avg PSF (12mo)
$688,636
Avg Price
4.3%
Gross Yield
11
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at GLASGOW RESIDENCE 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:

Per-bedroom gross yield at GLASGOW RESIDENCE
TypeAvg RentAvg PriceGross YieldRent per $100k
0 BR$2,229/mo$585,0004.57%$381/mo
2 BR$2,681/mo$1,280,0002.51%$209/mo
3 BR$2,600/mo$1,030,0003.03%$252/mo

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Price Appreciation

PSF trend for GLASGOW RESIDENCE
YearSalesAvg PSFChange
20215$1,377 psf
20222$1,365 psf↓ 0.9%
20231$1,052 psf↓ 22.9%
20252$1,463 psf↑ 39.1%
20261$1,491 psf↑ 2.0%

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The latest reading marks the highest point in this series — GLASGOW RESIDENCE prices have climbed 8.3% 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

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,752 psf873
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,596 psf648
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf604
SERANGOON GARDEN ESTATEFreehold$1,759 psf491

What Could Work Against You

  • With just 3 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 31-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, wfh / hybrid workers, quiet sanctuary seekers and yield-focused investors. At ~750m 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.

It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

GLASGOW RESIDENCE is a 999 yrs lease commencing from 1886 development in District 19 (OCR), with 31 units, offering a gross yield of 4.3%.

At ~$1,472 psf, it represents a competitive entry point in the OCR segment.

Explore the full GLASGOW RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing GLASGOW RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:

  • Hougang — 4-room average $630,510 (720m away), an upgrader gap of about $50,000
  • Serangoon — 4-room average $685,706 (730m away), an upgrader gap of about $0

FAQ

What is the average PSF for GLASGOW RESIDENCE?
The 12-month average is approximately $1,472 psf.
Is GLASGOW RESIDENCE freehold?
GLASGOW RESIDENCE has a 999 yrs lease commencing from 1886 tenure.
What is the rental yield for GLASGOW RESIDENCE?
The estimated gross yield is 4.3%.
Which MRT is nearest to GLASGOW RESIDENCE?
The nearest is Kovan MRT at 750m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 11 transactions
  • Rental data: 65 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of April 2026

Latest recorded data point: Apr 2026 · 11 records analysed · Source: URA private-sale caveats