Sungrove
Sungrove is a 99-year leasehold condominium in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), within Singapore's Outside Central Region (OCR). The development was completed in 1998 and comprises 29 units, on a lease that commenced in 1994. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
SUNGROVE
Over the 12 months to Aug 2024, Sungrove recorded 3 rental contracts at a median $9,300/mo. Source: URA caveat data, as of Aug 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Aug-24 | $3,690,000 | $441 psf | 8,364 sqft | - | 5BR |
| Mar-23 | $3,601,000 | $431 psf | 8,364 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.