Place-8

D19 (OCR) Freehold

Place-8 is a freehold condominium in District 19 (Punggol, Hougang, Serangoon Gardens), within Singapore's Outside Central Region (OCR). 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 · Freehold
—Avg PSF (12-month)
3.1%Rental yield
—Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
7.5
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

PLACE-8 is a freehold condominium at PAYA LEBAR CRESCENT in District 19 (OCR), developed by .

Developer
Tenure
Freehold
Total units
—
TOP year
—
District
19 — OCR
Street
PAYA LEBAR CRESCENT

Location & Connectivity

PLACE-8 is approximately 860m from Bartley MRT station, with 4 stations within 1.5 km.

MRT stations near PLACE-8
StationLineDistance
BartleyCircle Line860m
SerangoonNorth-East Line900m
SerangoonCircle Line900m
KovanNorth-East Line1.2 km

Schools & Education

19 schools within 2 km (8 within 1 km priority zone).

Schools near PLACE-8
SchoolTypeDistance
Zhonghua Secondary SchoolSecondary480m
DPS International SchoolInternational530m
Zhonghua Primary SchoolPrimary550m
Hillside World AcademyInternational810m
Montfort Junior SchoolPrimary850m
Cedar Girls' Secondary SchoolSecondary870m
Cedar Primary SchoolPrimary940m
Montfort Secondary SchoolSecondary960m

Market Position

PLACE-8 has recorded 3 sales at an average price of $3,082,963.

PLACE-8 sits at the 9th percentile of District 19 condo PSF.
—
Avg PSF (12mo)
$3,082,963
Avg Price
3.1%
Gross Yield
3
Total Sales

Price Appreciation

PSF trend for PLACE-8
YearSalesAvg PSFChange
20211$905 psf—
20231$941 psf↑ 4.0%
20241$984 psf↑ 4.6%

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PLACE-8 prices sit at a fresh series high after a 4.6% gain on the prior period, now 8.8% 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 0 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.

Best suited for

Best for — Multi-generational families Car-owning households P1 school balloting families Freehold / generational hold Quiet sanctuary seekers Long-term hold (10+ yr) Foreign / ABSD-aware buyers Yield-focused investors

Who This Actually Suits

Buyers most likely to be happy here: multi-generational families, car-owning households, p1 school balloting families and freehold / generational hold. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

quiet sanctuary seekers, long-term hold (10+ yr) and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors — other options likely serve them better. 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

PLACE-8 is a freehold development in District 19 (OCR), offering a gross yield of 3.1%.

Explore the full PLACE-8 dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing PLACE-8 against staying public? These HDB towns sit within walking or short-drive distance:

  • Hougang — 4-room average $630,510 (220m away), an upgrader gap of about $2,450,000
  • Serangoon — 4-room average $685,706 (480m away), an upgrader gap of about $2,400,000
  • Toa Payoh — 4-room average $929,793 (880m away), an upgrader gap of about $2,150,000

FAQ

What is the average PSF for PLACE-8?
PSF data is not yet available.
Is PLACE-8 freehold?
Yes, PLACE-8 is a freehold property.
What is the rental yield for PLACE-8?
The estimated gross yield is 3.1%.
Which MRT is nearest to PLACE-8?
The nearest is Bartley MRT at 860m.

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: 3 transactions
  • Rental data: 1 lease
  • Source: URA

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

Data as of September 2024

Latest recorded data point: Sep 2024 · 3 records analysed · Source: URA private-sale caveats

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