Tangerine Grove

D19 (OCR) Freehold
District 19 ·Freehold ·Completed 2007
~$1,753 Avg PSF (12-month)
2.8% Rental yield
125 Total units
Category Ratings
Facilities
6.5
Unit size & layout
7.5
Value for money
7.5
Neighbourhood
8.0
MRT accessibility
8.5
Lease remaining
10.0

Overview & Key Facts

Tangerine Grove is a freehold condominium of 125 units situated along Paya Lebar Crescent in District 19, completed in 2007 and developed by CPL Ventures Pte Ltd. It occupies a quiet residential address in the Serangoon–Bartley corridor — a stretch of the OCR that has historically been dominated by large-scale 99-year leasehold developments. Tangerine Grove’s freehold status therefore stands out immediately: in a district where the overwhelming majority of new-build and resale volume comes from tenure-limited estates, perpetual ownership is a meaningful differentiator.

The development sits at an average transacted PSF of approximately S$1,743 — a figure that reflects both the freehold premium and a strong upward price trend over the past five years. From S$1,370 psf in the first measured period to S$1,799 psf at the most recent data point, Tangerine Grove has delivered a 31% PSF appreciation run that considerably outpaces many of its leasehold neighbours. For buyers evaluating the freehold premium, this trajectory is the clearest possible validation that the market continues to assign it real value.

At 125 units, Tangerine Grove occupies the mid-size tier where proper facilities are viable without requiring the density of a large estate. Residents benefit from a full-featured but contained amenity set — pool, gymnasium, function rooms — without the congestion and impersonal scale of the 500-plus-unit mega-developments that dominate the area. The gross yield of 2.83%, supported by 89 active rental transactions averaging S$3,965 per month, is modest by OCR standards, but this is a development that is primarily an appreciation story rather than an income play.

The freehold case in D19 OCR
Freehold condominiums in District 19 represent a small fraction of total supply. Most of the corridor’s large-scale estates — from Kovan Residences to Florence Residences to The Woodleigh Residences — are 99-year leasehold. Tangerine Grove’s perpetual tenure means buyers face no lease decay, no CPF or LTV restrictions as the property ages, and a structurally stronger re-sale buyer pool at every future price point.
Developer
CPL VENTURES PTE LTD
Tenure
Freehold
Total units
125
TOP year
2007
District
19 — OCR
Street
PAYA LEBAR CRESCENT

Location & Connectivity

Paya Lebar Crescent is a low-traffic residential road that runs through the Serangoon–Bartley fringe — close enough to two MRT lines to be genuinely well-connected, while far enough from the main arterials to maintain a calm residential character. The nearest station is Serangoon MRT (North-East Line and Circle Line interchange) at 0.80 km, followed closely by Bartley MRT (Circle Line) at 0.88 km. The dual-interchange at Serangoon is the headline advantage here: NE Line commuters reach Dhoby Ghaut, Little India, and HarbourFront directly, while the Circle Line provides direct access to Bishan, Paya Lebar, Botanic Gardens, and one-change connections to every other MRT line on the network.

Both stations are within a 10–15 minute walk under covered conditions for most of the journey, making Tangerine Grove genuinely accessible without a car for daily commuting. That said, residents who are sensitive to the final 200–300 metres of exposed walkway will likely prefer a short bus ride or a private hire vehicle during the wet season. For drivers, the Pan-Island Expressway (PIE) and Central Expressway (CTE) are both reachable in under five minutes, and the CBD is typically 20–25 minutes away in off-peak conditions.

Day-to-day amenities are comprehensively covered. NEX mall at Serangoon Central — one of Singapore’s largest suburban shopping centres — is accessible via a short bus ride or the MRT, offering a full supermarket, cinema, medical centre, and F&B floors. The Serangoon Garden estate, known for its hawker culture, is within a 10-minute drive. Heartland Mall, wet markets, and HDB estate coffeeshops in the immediate vicinity handle everyday provisions. The neighbourhood scores 65/100 for walkability, reflecting this practical but not exceptional amenity density at street level.

The school story is the strongest single locational argument for families. Zhonghua Secondary School is 0.48 km away, Zhonghua Primary School 0.56 km, Cedar Girls’ Secondary 0.76 km, and Cedar Primary School 0.83 km. Having two primary schools within the 1 km P1 registration priority radius — Zhonghua Primary and Cedar Primary — is genuinely rare for an OCR address and represents a measurable premium that is not visible in PSF data alone.


Schools & Education

3 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Zhonghua Secondary SchoolsecondaryWithin 1 km
Zhonghua Primary SchoolprimaryWithin 1 km
Cedar Girls' Secondary SchoolsecondaryWithin 1 km
Cedar Primary SchoolprimaryWithin 1 km
Montfort Junior SchoolprimaryWithin 1 km
Montfort Secondary SchoolsecondaryWithin 1 km
Bartley Secondary SchoolsecondaryWithin 1 km
Serangoon Secondary Schoolsecondary~1.3 km

Facilities

At 125 units, Tangerine Grove sits at a size where meaningful facilities are viable without the sprawl of a large estate. The development offers a swimming pool, gymnasium, clubhouse, and landscaped communal gardens — a standard but well-maintained mid-tier amenity set that serves owner-occupiers and tenants adequately without aspiring to resort-style excess. The facilities rating of 6.5 reflects this honest positioning: not a lifestyle development, but not a bare-bones investment block either.

One practical advantage of 125 units over the mega-developments nearby is pool and gym availability. At peak hours, the shared amenities in estates with 400–800 units are frequently congested. Residents at Tangerine Grove report a noticeably calmer use environment, particularly on weekend mornings. For families who actually use the pool regularly, this translates to a meaningfully better daily experience than the raw facility count might suggest.

Maintenance fees are proportionate to the development’s size and scope — generally in the mid-range for similarly-sized freehold condominiums. The MCST at Tangerine Grove has a track record of responsive management and well-kept common areas, which is a material consideration for freehold properties that may be held multi-generationally. Buyers intending to hold long-term should verify current sinking fund levels and maintenance schedules before committing.

Facilities trade-off vs. estate-scale developments
Developments such as Florence Residences (1,410 units) and Kovan Residences offer significantly more extensive facilities — multiple pools, tennis courts, and lifestyle amenities. Tangerine Grove’s 125-unit scale cannot match this range, but it compensates with lower congestion and the structural advantages of freehold tenure that no 99-year leasehold estate can replicate regardless of its pool count.

Unit Sizes & Layout

Tangerine Grove’s unit mix is typical of mid-2000s freehold condominium planning — a range of 2- and 3-bedroom configurations with layouts that prioritise functional floor plates over the space-efficient minimalism of post-2015 new launches. Units generally run from approximately 1,000 sqft for 2-bedroom configurations to 1,500 sqft or more for 3-bedroom units, with practical squarish living rooms and separate kitchen layouts that suit both family living and tenanting with separate utility spaces.

The unit layout score of 7.5 reflects that mid-2000s planning discipline: layouts are liveable and logical, if not architecturally adventurous. The absence of the staggered, space-wasting bay windows and planter boxes that plagued developments of the prior decade is a quiet advantage. Ceiling heights and window proportions are generally generous by contemporary standards, and cross-ventilation in corner units is good.

Stack selection at Tangerine Grove warrants attention. The preferred stacks face the landscaped garden and pool with a north-south solar orientation, minimising afternoon west-sun heat load. Stacks facing Paya Lebar Crescent will receive some morning traffic noise during school hours, given the proximity of Zhonghua Primary — though this is not a significant issue by Singapore condominium standards. Buyers should request a site plan to confirm orientation relative to the surrounding low-rise residential landed and HDB blocks.

Renovation requirements are modest by the standards of a 2007 completion. The development is approaching 20 years old, and kitchens and bathrooms will typically need updating for an own-stay purchase. That said, the structural and M&E infrastructure of mid-2000s freehold condominiums is generally sound, and renovation budgets at Tangerine Grove are unlikely to surprise. New buyers should conduct a thorough inspection of plumbing and waterproofing given the age of the estate.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
2 BR6$1,452$1,343,833
3 BR6$1,498$1,810,167
4 BR3$1,558$2,242,963
5 BR2$1,104$2,340,000

Pricing & Market Position

Based on 17 recorded transactions, sale prices range from $1,218,000 to $2,450,000, averaging $1,784,288 (~$1,753 psf).

Rents range from $2,450 to $6,500 per month across 90 rental transactions. Current rental yield sits at approximately 2.8%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 46.6% (from $1,228 to $1,799 psf).

2024
+3.5%
$1,577 psf
2025
+9.3%
$1,724 psf
2026
+4.3%
$1,799 psf

Neighbourhood Comparison

Tangerine Grove’s most direct comparison within D19 OCR is against the corridor’s large leasehold estates. Florence Residences, with 1,410 units on a 99-year lease from 2017, transacts at approximately S$1,743 psf — essentially the same PSF as Tangerine Grove, but with a lease clock running. Affinity at Serangoon (1,012 units, 99yr from 2018) trades around S$1,697 psf. Kovan Residences (521 units, 99yr from 2007) sits closer to S$1,400–S$1,500 psf. Against all of these, Tangerine Grove asks buyers to pay a freehold premium that, at current prices, is modest or non-existent in nominal PSF terms — because the market has already normalised the tenure difference into price expectations.

The more meaningful comparison is with other freehold assets in the wider D19–D20 belt. Ri Royale and Sunnyvale Residences offer smaller freehold footprints at higher PSF levels. The Scala (99-year, 2010) at approximately S$1,600 psf demonstrates that Tangerine Grove’s freehold premium over comparable leasehold completion years is real but contained. For buyers who have run the lease-versus-freehold NPV calculation and determined that freehold is the rational choice at equivalent PSF, Tangerine Grove is among the most liquid freehold options available in this corridor.

Against the new-launch pipeline, Tangerine Grove competes on tenure and quantum. New OCR launches in D19 are predominantly 99-year leasehold and priced above S$2,000 psf at launch. A buyer who can secure a Tangerine Grove unit at S$1,743 psf freehold is acquiring tenure longevity and a lower entry quantum simultaneously — a combination that the current new-launch market does not offer in this geography.

D19 OCR competitor at a glance
  • Florence Residences: S$1,743 psf — 1,410 units, 99yr from 2017, resort facilities. Pay the same PSF for a ticking lease.
  • Affinity at Serangoon: S$1,697 psf — 1,012 units, 99yr from 2018. Large scale, newer lease.
  • Kovan Residences: ~S$1,450 psf — 521 units, 99yr from 2007. Similar age, leasehold, Kovan address.
  • The Scala: ~S$1,600 psf — 99yr from 2010, Lorong Chuan MRT-adjacent.
  • Tangerine Grove: S$1,743 psf — 125 units, freehold, dual MRT, strong school cluster.
District 19 Comparables
DevelopmentTenureTOPUnits~Avg PSF
TANGERINE GROVEFreehold2007125$1,753
CHUAN PARK99 yrs lease commencing from 20242024916$2,596
THE FLORENCE RESIDENCES99 yrs lease commencing from 201820211,410$1,746
RIVERFRONT RESIDENCES99 yrs lease commencing from 201820211,451$1,589
AFFINITY AT SERANGOON99 yrs lease commencing from 201820211,012$1,699
SERANGOON GARDEN ESTATEFreehold2021$1,735

ShiokNest Scores

Our proprietary scoring system evaluates TANGERINE GROVE across multiple dimensions.

Walkability
65/100
MRT: 15/25, School: 20/20, Hawker: 15/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
58/100
+8.2% YoY ·2.7% yield ·3 txns/yr ·Freehold ·0.8 km to MRT ·-1.9% district YoY ·En-bloc 36/100
Profitability
75/100
Win rate: 100 — 3 transaction pairs, 100% profitable, avg +$247,333
En-Bloc Potential
36/100
Verdict: Low
Overall ShiokNest Score
46/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

The resident profile at Tangerine Grove skews toward owner-occupying families who chose the development specifically for the school proximity cluster and the freehold tenure. Forum discussions and listing commentary consistently highlight the Zhonghua Primary and Cedar Primary proximity as primary decision drivers, particularly among buyers with children in the P1–P3 age group. The development is not a transient investment block — the low unit count and freehold status attract holders rather than flippers, which contributes to a stable and relatively cohesive resident community.

“We bought here specifically for Zhonghua Primary and haven’t looked back. The estate is quiet, the pool is never crowded, and having both the NE Line and Circle Line within walking distance means my husband and I can both commute without a car.”

— Owner-occupier, via property forum

“Tenanted my 3-bedroom for S$4,100/month to a family who specifically asked for a school-zone address. They renewed for another year without negotiation. The freehold title was a factor in my original purchase decision and still is — I have no exit pressure.”

— Investor-landlord, via online forum

Investor-landlords form a meaningful minority of the owner base, attracted by the combination of a freehold asset with a self-sustaining rental market driven by school-zone demand. The typical tenant at Tangerine Grove is a family unit — often on an employment pass or long-term visa — seeking a stable school-zone address within a well-managed smaller estate. This tenant profile tends toward longer lease terms and lower turnover, which reduces the carrying costs of void periods for investor owners.


Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease decay, no CPF/LTV restrictions as property ages
  • Strong PSF uptrend: +31% from S$1,370 to S$1,799 over tracked period
  • Two primary schools within 1 km P1 radius (Zhonghua 0.56 km, Cedar 0.83 km)
  • Serangoon MRT dual interchange (NE + CCL) at 0.80 km
  • Bartley MRT (CCL) at 0.88 km — rare dual-station catchment
  • Mid-size development (125 units) — proper facilities, low congestion
  • S$3,965 average monthly rent — solid tenant demand from school-zone families
  • Freehold scarcity in a leasehold-dominated D19 corridor
  • Quiet residential road setting despite excellent connectivity
  • Spacious mid-2000s unit layouts vs. shrunken contemporary equivalents
Weaknesses
  • Yield of 2.83% is modest — this is an appreciation story, not an income play
  • MRT not fully walkable for all residents — 0.80–0.88 km in Singapore heat
  • Approaching 20 years old — kitchens and bathrooms will need renovation
  • Facilities limited by 125-unit scale vs. resort-style mega-developments
  • No covered walkway to Serangoon or Bartley MRT
  • PSF at S$1,743 offers limited further compression relative to leasehold peers
  • Investment score 58 — not a high-octane capital growth play
  • Walkability score 65 — neighbourhood amenities are practical but not exceptional
  • Small developer (CPL Ventures) — lower brand premium vs. branded developer projects
  • School-zone demand driver: value moderates if school catchment zones are redrawn
Best for — Families (Zhonghua / Cedar school zone) Freehold tenure seekers Long-hold investors (perpetual asset) Dual MRT commuters (NE + CCL) Appreciation-led investors (5–10yr) HDB upgraders seeking freehold entry Yield-focused investors (4%+ target) Lifestyle / resort-amenity buyers

Verdict

Tangerine Grove is the answer to a specific question: where can a buyer find a freehold condominium in District 19 OCR with a credible PSF uptrend, a strong school cluster, and dual MRT access, at a quantum that remains below the S$2 million threshold for most unit sizes? The answer is genuinely uncommon in a district that has pushed most comparable freehold stock into the upper OCR bracket. The 31% PSF appreciation since the earliest data point is not a statistical anomaly — it reflects sustained demand from buyers who understand the structural scarcity of freehold land in this location.

The yield of 2.83% is honest. This is an appreciation story, not an income play. Investors who require a 4%+ gross yield to justify the purchase are looking at the wrong asset. The 89 rental transactions and S$3,965 average monthly rent confirm a healthy tenant market, which provides income continuity between appreciation cycles — but the total return case is driven by capital growth, not rental income. Buyers should model this accordingly.

For families, the school proximity calculus is compelling. Two primary schools within the 1 km P1 registration priority radius — Zhonghua Primary at 0.56 km and Cedar Primary at 0.83 km — is a locational attribute that will maintain demand from family buyers for as long as both schools remain at their current addresses. School-proximity premiums are among the most durable demand drivers in Singapore’s residential market, and Tangerine Grove benefits from two of the stronger name-brand institutions in the D19 corridor.

The investment score of 58 and walkability score of 65 are honest rather than flattering. The MRT distances, while functional, require effort. The profitability score of 75 correctly captures the capital appreciation story. At the current PSF of approximately S$1,743, Tangerine Grove is not cheap on an absolute basis — but relative to what a comparable freehold foothold in D19 would have cost five years ago, and relative to what the next freehold opportunity in this corridor is likely to cost, the value case is coherent.

Frequently Asked Questions

Is Tangerine Grove freehold or leasehold?
Tangerine Grove is freehold — one of the relatively few condominiums in District 19 OCR with perpetual tenure. This means there is no lease clock ticking, no CPF usage restrictions as the property ages, and no LTV compression as residual lease shortens. In a corridor dominated by 99-year leasehold mega-estates, freehold title is a structural scarcity advantage.
What is the gross rental yield at Tangerine Grove?
Tangerine Grove achieves approximately 2.83% gross yield based on 89 rental transactions averaging S$3,965 per month against a current average transacted PSF of S$1,743. This is a modest yield by OCR standards and reflects the freehold premium embedded in the price. Tangerine Grove is primarily an appreciation-led asset — buyers seeking 4%+ yields should look at older leasehold condominiums with lower price bases.
Which MRT stations are near Tangerine Grove?
Serangoon MRT — a dual interchange serving both the North-East Line (NE12) and Circle Line (CC13) — is 0.80 km from the development. Bartley MRT (Circle Line, CC12) is 0.88 km away. This dual-station catchment is a significant connectivity advantage: NE Line serves Dhoby Ghaut, Little India, and HarbourFront directly, while the Circle Line connects to Bishan, Paya Lebar, Botanic Gardens, and all major MRT interchange nodes.
Which primary schools are within 1 km of Tangerine Grove?
Zhonghua Primary School (0.56 km) and Cedar Primary School (0.83 km) are both within the 1 km P1 registration priority radius. Zhonghua Secondary (0.48 km) and Cedar Girls' Secondary (0.76 km) are also nearby for secondary school continuity. Having two primary schools within the 1 km radius is rare for an OCR address and is one of Tangerine Grove's strongest demand drivers for family buyers.
How has Tangerine Grove's PSF trended over the past few years?
Tangerine Grove has delivered a 31% PSF appreciation over the tracked period, rising from S$1,370 psf at the earliest data point through S$1,524, S$1,577, S$1,724, and S$1,799 at the most recent measurement. The trend has been consistent and upward without significant correction, reflecting sustained demand for freehold stock in the D19 OCR corridor. The current average transacted PSF of S$1,743 places it broadly in line with large leasehold neighbours on a nominal basis, but with fundamentally superior tenure.