Heron Bay
Located in District 19 (Punggol, Hougang, Serangoon Gardens), Heron Bay is a 99-year leasehold executive condominium in the Outside Central Region (OCR). The development was completed in 2016 and comprises 394 units, on a lease that commenced in 2012. Sale and rental figures on this page are compiled from URA transaction records.
HERON BAY
Over the 12 months to Jun 2026, Heron Bay recorded 23 resale transactions at a median $1,398 psf (median price $1,538,888), and 15 rental contracts at a median $4,000/mo, a gross rental yield of 3.1%. Source: URA caveat data, as of Jun 2026.
Heron Bay's median of $1,398 psf over the trailing 12 months places its pricing below roughly 78% of District 19 condos; resale liquidity has been active with 23 caveats lodged; the 3.1% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-26 | $1,500,000 | $1,467 psf | 1,023 sqft | 16 to 20 | 3BR |
| May-26 | $1,415,000 | $1,369 psf | 1,033 sqft | 11 to 15 | 3BR |
| May-26 | $1,150,000 | $1,484 psf | 775 sqft | 11 to 15 | 2BR |
| Apr-26 | $1,385,000 | $1,340 psf | 1,033 sqft | 01 to 05 | 3BR |
| Apr-26 | $1,450,000 | $1,403 psf | 1,033 sqft | 06 to 10 | 3BR |
| Mar-26 | $1,696,000 | $1,324 psf | 1,281 sqft | 01 to 05 | 3BR |
| Feb-26 | $1,538,888 | $1,222 psf | 1,259 sqft | 01 to 05 | 3BR |
| Jan-26 | $1,838,000 | $1,435 psf | 1,281 sqft | 06 to 10 | 3BR |
Can I afford Heron Bay?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,538,888.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.