Rich.residence
Rich.residence is a freehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). This page tracks recorded sale prices, rental contracts and yield trends from URA data. Nearby developments in District 19 can be compared on ShiokNest's district analytics pages.
Overview & Key Facts
RICH.RESIDENCE is a freehold condominium at RICHARDS AVENUE in District 19 (OCR), developed by .
Location & Connectivity
RICH.RESIDENCE is approximately 500m from Kovan MRT station.
| Station | Line | Distance |
|---|---|---|
| Kovan | North-East Line | 500m |
Schools & Education
23 schools within 2 km (17 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Xinmin Secondary School | Secondary | 20m |
| Xinmin Primary School | Primary | 140m |
| Holy Innocents' High School | Secondary | 490m |
| Holy Innocents' Primary School | Primary | 580m |
| Yangzheng Primary School | Primary | 670m |
| St. Gabriel's Primary School | Primary | 680m |
| Hillside World Academy | International | 720m |
| Montfort Secondary School | Secondary | 770m |
Market Position
RICH.RESIDENCE has recorded 4 sales at an average price of $3,433,750.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $734 psf | — |
| 2022 | 1 | $829 psf | ↑ 13.0% |
| 2025 | 1 | $883 psf | ↑ 6.5% |
| 2026 | 1 | $897 psf | ↑ 1.5% |
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The latest reading marks the highest point in this series — RICH.RESIDENCE prices have climbed 22.2% since 2021.
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 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: mrt-walkable commuters, car-owning households, quiet sanctuary seekers and long-term hold (10+ yr). MRT proximity is the standout commute feature for daily transit users.
yield-focused investors and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.
en-bloc speculators and resort facilities should probably look elsewhere. Older site profile in an en-bloc-active cluster — speculative upside if collective sale activates.
Verdict
RICH.RESIDENCE is a freehold development in District 19 (OCR), offering a gross yield of 3.8%.
At ~$890 psf, it represents a competitive entry point in the OCR segment.
Explore the full RICH.RESIDENCE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing RICH.RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for RICH.RESIDENCE?
Is RICH.RESIDENCE freehold?
What is the rental yield for RICH.RESIDENCE?
Which MRT is nearest to RICH.RESIDENCE?
Sources & Next Steps
- RICH.RESIDENCE 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: 4 transactions
- Rental data: 3 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Feb 2026 · 4 records analysed · Source: URA private-sale caveats