Summer Villas

D28 (OCR) Freehold

Summer Villas is a freehold condominium in District 28 (Seletar), within Singapore's Outside Central Region (OCR). The development was completed in 2004 and comprises 20 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 28 can be compared on ShiokNest's district analytics pages.

District 28 · Freehold · Completed 2004
~$886Avg PSF (12-month)
20Total units
Category Ratings
Facilities
4.5
Unit size & layout
8.0
Value for money
7.0
Neighbourhood
6.0
MRT accessibility
6.5
Lease remaining
10.0

Overview & Key Facts

SUMMER VILLAS is a freehold condominium at GERALD DRIVE in District 28 (OCR), developed by FAR EAST ORGANIZATION, comprising 20 units, completed in 2004.

Developer
FAR EAST ORGANIZATION
Tenure
Freehold
Total units
20
TOP year
2004
District
28 — OCR
Street
GERALD DRIVE

Location & Connectivity

SUMMER VILLAS is approximately 550m from Fernvale MRT station, with 6 stations within 1.5 km.

MRT stations near SUMMER VILLAS
StationLineDistance
FernvaleSengkang LRT550m
LayarSengkang LRT600m
TongkangSengkang LRT950m
ThanggamSengkang LRT1.2 km
KupangSengkang LRT1.3 km
RenjongSengkang LRT1.4 km

Schools & Education

10 schools within 2 km (4 within 1 km priority zone).

Schools near SUMMER VILLAS
SchoolTypeDistance
North Vista Primary SchoolPrimary410m
North Vista Secondary SchoolSecondary410m
Fernvale Primary SchoolPrimary630m
Chongfu SchoolPrimary800m
Presbyterian High SchoolSecondary1.3 km
Nan Chiau Primary SchoolPrimary1.5 km
Anchor Green Primary SchoolPrimary1.6 km
Townsville Primary SchoolPrimary1.6 km

Market Position

SUMMER VILLAS has recorded 4 sales at an average price of $3,026,972.

SUMMER VILLAS sits at the 3rd percentile of District 28 condo PSF.
$886 psf
Avg PSF (12mo)
$3,026,972
Avg Price
2.8%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for SUMMER VILLAS
YearSalesAvg PSFChange
20221$793 psf
20242$854 psf↑ 7.7%
20251$886 psf↑ 3.7%

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The latest reading marks the highest point in this series — SUMMER VILLAS prices have climbed 11.7% since 2022.

Price Index Check

The ShiokNest Price Index for District 28 reads 163.6 as of June 2026 — down 1.7% 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 28 competitors
CondoTenureAvg PSFSales
PARC GREENWICH99 yrs lease commencing from 2020$1,234 psf496
HIGH PARK RESIDENCES99 yrs lease commencing from 2014$1,487 psf420
THE TOPIARY99 yrs lease commencing from 2012$1,225 psf404
PARC BOTANNIA99 yrs lease commencing from 2016$1,595 psf216
SELETAR HILLS ESTATE999 yrs lease commencing from 1879$1,507 psf203

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 20-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, car-owning households, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For international school families, foreign / absd-aware buyers and first-time hdb upgraders, 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

SUMMER VILLAS is a freehold development in District 28 (OCR), with 20 units, offering a gross yield of 2.8%.

At ~$886 psf, it represents a competitive entry point in the OCR segment.

Explore the full SUMMER VILLAS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Sengkang — 4-room average $658,294 (220m away), an upgrader gap of about $2,350,000
  • Hougang — 4-room average $630,510 (370m away), an upgrader gap of about $2,400,000
  • Serangoon — 4-room average $685,706 (1.4 km away), an upgrader gap of about $2,350,000

FAQ

What is the average PSF for SUMMER VILLAS?
The 12-month average is approximately $886 psf.
Is SUMMER VILLAS freehold?
Yes, SUMMER VILLAS is a freehold property.
What is the rental yield for SUMMER VILLAS?
The estimated gross yield is 2.8%.
Which MRT is nearest to SUMMER VILLAS?
The nearest is Fernvale MRT at 550m.

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

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

Data as of February 2025

Latest recorded data point: Feb 2025 · 4 records analysed · Source: URA private-sale caveats