Hillsgrove

D19 (OCR) 999 yrs lease commencing from 1878

Located in District 19 (Punggol, Hougang, Serangoon Gardens), Hillsgrove is a 999-year leasehold condominium in the Outside Central Region (OCR). Its lease commenced in 1878. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 19 can be compared on ShiokNest's district analytics pages.

District 19 · 999 yrs lease commencing from 1878
~$828Avg PSF (12-month)
Total units
Category Ratings
Facilities
6.5
Unit size & layout
8.5
Value for money
6.0
Neighbourhood
8.5
MRT accessibility
7.5
Lease remaining
9.5

Overview & Key Facts

HILLSGROVE is a 999 yrs lease commencing from 1878 condominium at HILLSIDE DRIVE in District 19 (OCR), developed by .

Developer
Tenure
999 yrs lease commencing from 1878
Total units
TOP year
District
19 — OCR
Street
HILLSIDE DRIVE

Location & Connectivity

HILLSGROVE is approximately 850m from Kovan MRT station, with 4 stations within 1.5 km.

MRT stations near HILLSGROVE
StationLineDistance
KovanNorth-East Line850m
SerangoonNorth-East Line910m
SerangoonCircle Line910m
BartleyCircle Line1.5 km

Schools & Education

22 schools within 2 km (11 within 1 km priority zone).

Schools near HILLSGROVE
SchoolTypeDistance
Hillside World AcademyInternational120m
Cedar Girls' Secondary SchoolSecondary360m
Cedar Primary SchoolPrimary380m
Zhonghua Secondary SchoolSecondary390m
Zhonghua Primary SchoolPrimary440m
DPS International SchoolInternational590m
Serangoon Secondary SchoolSecondary750m
Montfort Junior SchoolPrimary770m

Market Position

HILLSGROVE has recorded 8 sales at an average price of $3,428,750.

HILLSGROVE sits at the 3rd percentile of District 19 condo PSF.
$828 psf
Avg PSF (12mo)
$3,428,750
Avg Price
2.9%
Gross Yield
8
Total Sales

Price Appreciation

PSF trend for HILLSGROVE
YearSalesAvg PSFChange
20212$575 psf
20221$652 psf↑ 13.4%
20243$842 psf↑ 29.2%
20251$815 psf↓ 3.2%
20261$842 psf↑ 3.3%

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HILLSGROVE prices are holding within 0.0% of the 2024 peak, 46.4% above the 2021 starting level.

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

  • Only 2 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.

Who This Actually Suits

The profile fits car-owning households, long-term hold (10+ yr), freehold / generational hold and first-time hdb upgraders best. At ~852m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

yield-focused investors, foreign / absd-aware buyers and light renovation budget should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for en-bloc speculators and resort facilities — other options likely serve them better. Older site profile in an en-bloc-active cluster — speculative upside if collective sale activates.


Verdict

HILLSGROVE is a 999 yrs lease commencing from 1878 development in District 19 (OCR), offering a gross yield of 2.9%.

At ~$828 psf, it represents a competitive entry point in the OCR segment.

Explore the full HILLSGROVE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Hougang — 4-room average $630,510 (300m away), an upgrader gap of about $2,800,000
  • Serangoon — 4-room average $685,706 (530m away), an upgrader gap of about $2,750,000
  • Toa Payoh — 4-room average $929,793 (1.4 km away), an upgrader gap of about $2,500,000

FAQ

What is the average PSF for HILLSGROVE?
The 12-month average is approximately $828 psf.
Is HILLSGROVE freehold?
HILLSGROVE has a 999 yrs lease commencing from 1878 tenure.
What is the rental yield for HILLSGROVE?
The estimated gross yield is 2.9%.
Which MRT is nearest to HILLSGROVE?
The nearest is Kovan MRT at 850m.

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: 8 transactions
  • Rental data: 2 leases
  • Source: URA

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 8 records analysed · Source: URA private-sale caveats