Phillips Residence
Located in District 19 (Punggol, Hougang, Serangoon Gardens), Phillips Residence is a 999-year leasehold condominium in the Outside Central Region (OCR). Completed in 2008, the development comprises 6 units, on a lease that commenced in 1886. Sale and rental figures on this page are compiled from URA transaction records.
PHILLIPS RESIDENCE
Over the 12 months to Jan 2025, Phillips Residence recorded 1 rental contract at a median $7,300/mo. Source: URA caveat data, as of Jan 2025.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jan-25 | $3,300,000 | $713 psf | 4,628 sqft | - | 5BR |
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.