Prestige Point
Prestige Point is a freehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). Completed in 2018, the development comprises 15 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PRESTIGE POINT is a freehold condominium at UPPER PAYA LEBAR ROAD in District 19 (OCR), developed by MEGA WAVE REALTY PTE LTD, comprising 15 units, completed in 2018.
Location & Connectivity
PRESTIGE POINT is approximately 750m from Serangoon MRT station, with 4 stations within 1.5 km.
Schools & Education
19 schools within 2 km (8 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Zhonghua Secondary School | Secondary | 570m |
| Zhonghua Primary School | Primary | 650m |
| DPS International School | International | 650m |
| Cedar Girls' Secondary School | Secondary | 790m |
| Hillside World Academy | International | 800m |
| Cedar Primary School | Primary | 870m |
| Bartley Secondary School | Secondary | 910m |
| Montfort Junior School | Primary | 980m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 2 | $1,674 psf | $747,500 |
| 2 BR | 3 | $1,507 psf | $1,140,000 |
Market Position
PRESTIGE POINT has recorded 5 sales at an average price of $983,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2023 | 2 | $1,674 psf | — |
| 2024 | 2 | $1,507 psf | ↓ 9.9% |
| 2025 | 1 | $1,508 psf | ↑ 0.1% |
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From the 2023 high, PRESTIGE POINT prices have given back 9.9% — still 9.9% below the 2023 baseline.
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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,752 psf | 873 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,596 psf | 648 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 604 |
| SERANGOON GARDEN ESTATE | Freehold | $1,759 psf | 491 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 15-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
The profile fits families with young children, long-term hold (10+ yr), freehold / generational hold and first-time hdb upgraders best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For car-owning households, it can work — but weigh the trade-offs before committing.
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
PRESTIGE POINT is a freehold development in District 19 (OCR), with 15 units, offering a gross yield of 3.0%.
At ~$1,508 psf, it represents a competitive entry point in the OCR segment.
Explore the full PRESTIGE POINT dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PRESTIGE POINT against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for PRESTIGE POINT?
Is PRESTIGE POINT freehold?
What is the rental yield for PRESTIGE POINT?
Which MRT is nearest to PRESTIGE POINT?
Sources & Next Steps
- PRESTIGE POINT Dashboard — Live charts and analytics
- URA — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 5 transactions
- Rental data: 26 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2025 · 5 records analysed · Source: URA private-sale caveats