Sunrise Gardens

D28 (OCR) 99 yrs lease commencing from 1995
District 28 ·99 yrs lease commencing from 1995 ·Completed 1998
~$1,067 Avg PSF (12-month)
3.2% Rental yield
252 Total units
Category Ratings
Facilities
7.0
Unit size & layout
9.0
Value for money
9.0
Neighbourhood
7.0
MRT accessibility
5.0
Lease remaining
5.0

Overview & Key Facts

Sunrise Gardens is a 252-unit condominium along Sunrise Avenue in District 28, developed by Wing Tai Holdings and completed in 1998. Held on a 99-year lease commencing from 1995, the development occupies a generous 24,242 sqm site with a low-density layout that gives it the expansive, garden-like character implied by its name. At nearly three decades old, Sunrise Gardens has matured into a settled estate with established landscaping, a stable resident community, and a quiet suburban charm that newer developments struggle to replicate.

Wing Tai’s involvement is a quality marker. The developer, known for design-conscious projects like The Tessarina and The Tembusu, brought a level of architectural thoughtfulness to Sunrise Gardens that was uncommon in 1990s suburban developments. The units are spacious by any standard — sizes range from 818 to 2,067 sq ft — with layouts that prioritise natural light, ventilation, and functional room proportions over the space-efficient but often cramped configurations of modern launches.

The lease position is the elephant in the room. With approximately 68 years remaining on the 99-year lease, Sunrise Gardens enters the zone where lease decay becomes a tangible consideration for both financing and resale. Banks typically tighten loan-to-value ratios for properties with less than 60 years remaining, meaning the window for conventional financing is narrowing. Buyers must weigh the generous space and competitive PSF against the reality of a diminishing leasehold asset.

Developer
WINFAST INVESTMENT PTE LTD (WING TAI)
Tenure
99 yrs lease commencing from 1995
Total units
252
TOP year
1998
District
28 — OCR
Street
SUNRISE AVENUE
Lease remaining
~68 years (of 99)

Location & Connectivity

Sunrise Gardens is situated in the Seletar-Yio Chu Kang area, a residential enclave that trades CBD proximity for space, greenery, and a distinctly suburban pace of life. Yio Chu Kang MRT (NS15) on the North-South Line is the nearest station, with bus connections along Ang Mo Kio Avenue and Yio Chu Kang Road providing supplementary public transport. For drivers, the Central Expressway (CTE), Tampines Expressway (TPE), and Seletar Expressway (SLE) provide efficient connections to the CBD (20–25 minutes), Orchard Road (15 minutes), and the northern corridors.

The neighbourhood is anchored by Ang Mo Kio Hub, a comprehensive suburban mall offering supermarkets, restaurants, cinema, library, and banking services. The famous Jalan Kayu food strip — known for its prata, chicken wings, and satay — is a short drive away and represents one of Singapore’s most authentic hawker dining experiences. For groceries and daily needs, the surrounding HDB estates provide wet markets and neighbourhood shops within easy reach.

The upcoming Tavistock MRT station (CR10) on the Cross Island Line will significantly improve connectivity for Sunrise Gardens residents. When operational, this station will provide a second MRT option and open direct access to Punggol, Pasir Ris, and eventually the eastern corridors without requiring transfers through the NSL. This is a genuine infrastructure catalyst for the broader Seletar area.

Cross Island Line — future connectivity boost
The upcoming Tavistock MRT station (CR10) on the Cross Island Line will add a second MRT option for Sunrise Gardens residents, complementing the existing Yio Chu Kang NSL station. The CRL will provide direct connections to Ang Mo Kio (interchange), Serangoon North, Hougang, and eventually Changi. For a development that has historically been car-dependent for commuting flexibility, this represents a meaningful improvement in public transport accessibility.

Schools & Education

Nearby Schools
SchoolTypeDistance
Nanyang Polytechnictertiary~1.4 km
Institute of Technical Education (College Central)tertiary~1.7 km

Facilities

Sunrise Gardens offers a solid facilities suite for a development of its vintage. The 24,242 sqm site accommodates a swimming pool, wading pool, tennis courts, a basketball/multi-purpose court, BBQ pits, gymnasium, sauna, clubhouse with multi-purpose hall, jogging track, playground, and covered car park. The generous land area means these facilities are spread across the estate with genuine green space between them — not the compressed, multi-storey facility decks of modern high-density developments. The jogging track and mature gardens provide on-site exercise options that benefit from the estate’s natural environment.

Maintenance has been a positive point. Residents describe the estate as well-maintained with friendly neighbours and a genuine community atmosphere. The facilities, while not contemporary in design, are functional and well-kept. The sauna and clubhouse add communal amenities that many newer boutique developments omit. At 252 units, the facilities-to-resident ratio is favourable, and the estate rarely feels overcrowded.

“Very well-maintained condo with a nice pool, gym, tennis and basketball courts, and beautiful gardens. Spacious rooms and very friendly neighbours. You can often see birds of vibrant colours in the estate — it’s a beautiful, peaceful place with great scenery.”

— Resident via 99.co

Unit Sizes & Layout

Sunrise Gardens’ unit sizes are a standout feature. Ranging from 818 sq ft to 2,067 sq ft, these are dimensions that today’s new launches struggle to offer even at significantly higher PSF. The layouts are products of the late-1990s design philosophy: generous bedrooms that fit queen beds with nightstands, living rooms that accommodate full furniture suites, and kitchens with actual counter space and storage. Wing Tai’s design sensibility shows in the natural light optimisation and cross-ventilation that make these units comfortable even without extensive air-conditioning.

The trade-off for this space is age. Original units will require comprehensive renovation to meet contemporary standards — bathrooms, kitchen cabinetry, flooring, and electrical systems all benefit from updating after nearly three decades. However, the generous proportions make renovation rewarding: there is room to create open-plan kitchens, add built-in storage, establish home offices, and reconfigure spaces in ways that compact modern units simply cannot accommodate.

Unit selection tip
The larger units (1,200+ sq ft) offer the best renovation potential and family liveability. Prioritise stacks with garden-facing views for a quieter environment and natural greenery outlook. Budget $50,000–$80,000 for comprehensive renovation of an original-condition unit. Given the remaining lease of approximately 68 years, consider the loan implications: ensure your financing term plus remaining lease exceeds the bank’s minimum threshold (typically 30+ years beyond loan maturity). The larger units may have resale challenges as the lease shortens, so plan your holding period accordingly.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
2 BR5$951$849,200
3 BR39$977$1,204,191
4 BR9$944$1,489,876
5 BR11$916$1,868,273

Pricing & Market Position

Based on 64 recorded transactions, sale prices range from $685,000 to $2,150,000, averaging $1,330,771 (~$1,067 psf).

Rents range from $2,400 to $5,800 per month across 63 rental transactions. Current rental yield sits at approximately 3.2%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 39% (from $802 to $1,114 psf).

2024
-1.3%
$991 psf
2025
+6.5%
$1,055 psf
2026
+5.6%
$1,114 psf

Neighbourhood Comparison

In the Ang Mo Kio and Seletar area, Sunrise Gardens competes with The Gardens at Bishan (756 units, 99-year from 1992) and Trevista (590 units, 99-year from 2007). Trevista offers a newer product with higher PSF and Bishan MRT proximity, while The Gardens at Bishan provides comparable vintage with even greater lease concerns. Against freehold alternatives in the northern corridors, the PSF gap is significant — Sunrise Gardens’ affordability comes explicitly from the lease structure. For buyers prioritising space per dollar with awareness of the lease trade-off, Sunrise Gardens offers a compelling proposition that few alternatives can match at this price point.

District 28 Comparables
DevelopmentTenureTOPUnits~Avg PSF
SUNRISE GARDENS99 yrs lease commencing from 19951998252$1,067
PARC GREENWICH99 yrs lease commencing from 20202021496$1,234
HIGH PARK RESIDENCES99 yrs lease commencing from 201420201,376$1,481
THE TOPIARY99 yrs lease commencing from 2012700$1,219
PARC BOTANNIA99 yrs lease commencing from 20162009735$1,592
SELETAR HILLS ESTATE999 yrs lease commencing from 1879$1,494

Lease Decay Analysis

The 99-year lease runs from 1995, meaning approximately 31 years have already been consumed. Roughly 68 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~68 yearsFull bank financing available
2034~59 yearsApproaching 60-year threshold — CPF limits begin for some
2054~39 yearsSignificant financing restrictions for next buyer
2094ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~58 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates SUNRISE GARDENS across multiple dimensions.

Walkability
12/100
MRT: 0/25, School: 12/20, Hawker: 0/15, Mall: 0/15, Park: 0/10, Supermarket: 0/10, Clinic: 0/5
Investment
57/100
+4.6% YoY ·3.3% yield ·12 txns/yr ·68 yrs left ·1.63 km to MRT ·+3.8% district YoY ·En-bloc 48/100
Profitability
66/100
Win rate: 85 — 13 transaction pairs, 85% profitable, avg +$104,000
En-Bloc Potential
48/100
Verdict: Moderate
Overall ShiokNest Score
40/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We’ve lived here for over fifteen years and it still feels like home. The estate is beautifully maintained with mature trees and gardens that attract all sorts of birds. Our kids grew up using the pool, tennis courts, and playground every weekend. The community is genuinely friendly — neighbours know each other and look out for one another. Yes, it’s not the newest condo, but the space and warmth more than compensate.”

— Long-term resident family

“Moved here after selling our HDB because we wanted condo facilities without the suburban premium of newer launches. The 3-bedroom is huge — bigger than many 4-bedrooms in new condos. We renovated the kitchen and bathrooms for about $60k and now it feels completely modern. The Jalan Kayu food stretch is our regular dinner spot, and Ang Mo Kio Hub has everything we need. The CTE gets my husband to Raffles Place in 25 minutes.”

— HDB upgrader, renovated 3-bedroom

“The lease is the obvious consideration and we went in with eyes open. At this PSF, we’re essentially paying for quality space and facilities that would cost 2-3x in a newer or freehold development. We plan to live here for 15 years, enjoy the lifestyle, and reassess. The upcoming Cross Island Line station is a bonus we didn’t expect when we bought — it could help values hold up better than the pure lease-decay curve suggests.”

— Owner-occupier, purchased 2021

Strengths & Weaknesses

Strengths
  • Exceptionally spacious units from 818 to 2,067 sq ft
  • Wing Tai developer pedigree with thoughtful 1990s design
  • Generous 24,242 sqm site with extensive landscaping and gardens
  • Full facilities including pool, tennis, basketball, sauna, and clubhouse
  • Well-maintained estate with strong community spirit
  • Competitive PSF around $1,050 — outstanding space per dollar
  • Upcoming Tavistock MRT (Cross Island Line) improves future connectivity
  • Proximity to Jalan Kayu eateries and Ang Mo Kio Hub
  • CTE access for efficient CBD commuting by car
Weaknesses
  • Only ~68 years remaining on 99-year lease — financing implications approaching
  • Not walking distance to current MRT station (Yio Chu Kang)
  • Suburban location distant from CBD and Orchard Road
  • Ageing finishes require significant renovation budget
  • Lease decay will compress resale values over time
  • Limited immediate retail options — car dependency for major shopping
  • Banks may tighten LTV ratios as remaining lease shortens
  • Capital appreciation constrained by leasehold depreciation
Best for — Families HDB Upgraders Value Buyers Space Seekers Own-Stay Focus Medium-Term Holders

Verdict

Sunrise Gardens is a development that offers exceptional space per dollar in a neighbourhood that is quietly improving. The Wing Tai build quality, generous layouts, and well-maintained communal facilities create a living experience that prioritises comfort and community over brand-new finishes or urban buzz. At current PSF levels around $1,050, the cost per square foot is among the lowest for a condominium with this quality of facilities and estate maintenance in Singapore.

The honest challenge is the lease. With approximately 68 years remaining, buyers must accept the reality of a depreciating leasehold asset. This makes Sunrise Gardens more suited to owner-occupiers who plan to live here for 10–20 years and extract value through daily enjoyment of the space, rather than pure capital-gain investors who need a perpetual-tenure safety net. The upcoming Cross Island Line station provides a future connectivity boost that may support values in the medium term.

The ideal buyer is a family that prioritises space and tranquillity over prestige and CBD proximity. If you need a premium address or freehold security, look elsewhere. If you want a big, well-maintained home with garden views, full facilities, and a genuinely friendly community — at a quantum that leaves room for renovation — Sunrise Gardens delivers remarkable liveability per dollar.

Frequently Asked Questions

How much lease is remaining at Sunrise Gardens?
Approximately 68 years remain on the 99-year lease (commencing 1995). Buyers should consider the financing implications: as the remaining lease approaches 60 years, banks may reduce loan-to-value ratios and shorten maximum loan tenures. This makes the entry more cash-intensive over time.
How far is Sunrise Gardens from the MRT?
Yio Chu Kang MRT (NS15) is the nearest current station, requiring a bus ride or short drive. The upcoming Tavistock MRT station on the Cross Island Line will significantly improve connectivity, adding a second MRT option when operational.
What renovation budget should I plan?
For a comprehensive renovation of an original-condition unit (bathrooms, kitchen, flooring, electrical), budget $50,000-$80,000. The spacious layouts accommodate renovation well, and many owners have successfully modernised their units to contemporary standards.
Is Sunrise Gardens suitable for investment?
Sunrise Gardens is better suited to owner-occupiers than pure capital-gain investors. The diminishing lease limits long-term appreciation potential. Rental yields are moderate but the absolute rental income provides decent cash flow. The upcoming CRL station may support medium-term values.
What schools are nearby?
Anderson Primary School and Anderson Secondary School are within 2 km. The broader Ang Mo Kio area provides additional school options. However, this is not a particularly strong school catchment compared to central districts.
How is the maintenance and community?
Residents consistently praise the maintenance standards and community atmosphere. The estate is described as well-kept with friendly neighbours, mature gardens, and a peaceful environment. The sauna and clubhouse add communal amenities that foster social interaction.