The Areca

D19 (OCR) 99 yrs lease commencing from 2000

The Areca is a 99-year leasehold condominium in District 19 (Punggol, Hougang, Serangoon Gardens), within Singapore's Rest of Central Region (RCR). Completed in 2003, the development comprises 21 units, on a lease that commenced in 2000. Sale and rental figures on this page are compiled from URA transaction records.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
7.1
ShiokNest Score
Excellent
Total Units21
TOP Year2003

THE ARECA

Total Units21
TOP Year2003
DeveloperTACWEALTH DEVELOPMENT PTE LTD
Tenure99 yrs lease commencing from 2000
DistrictD19 · OCR
Median PSF · 12m$1,008 psf
Median price · 12m$2,539,999

Over the 12 months to Jan 2026, The Areca recorded 1 resale transaction at a median $1,008 psf (median price $2,539,999). Source: URA caveat data, as of Jan 2026.

The Areca's median of $1,008 psf over the trailing 12 months places its pricing below roughly 89% of District 19 condos; resale liquidity has been limited with 1 caveat lodged. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.

Recent transactions
Date Price PSF Size (sqft) Floor Type
Jan-26 $2,539,999 $1,008 psf 2,519 sqft - 5BR
May-25 $2,520,000 $1,001 psf 2,519 sqft - 5BR
Mar-25 $2,570,000 $1,047 psf 2,454 sqft - 5BR
Jan-25 $2,450,000 $994 psf 2,465 sqft - 5BR
Dec-24 $2,520,000 $1,031 psf 2,443 sqft - 5BR
Aug-24 $2,510,000 $997 psf 2,519 sqft - 5BR
Jun-24 $2,480,000 $1,011 psf 2,454 sqft - 5BR
Apr-23 $2,128,888 $867 psf 2,454 sqft - 5BR

Can I afford The Areca?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,539,999.

7.1
ShiokNest Score

En-Bloc Potential

59/100

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.

Neighbourhood Score

96/100

Investment Score

43/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals