The Courtyard
The Courtyard is a freehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). The development was completed in 1995 and comprises 27 units. Sale and rental figures on this page are compiled from URA transaction records.
THE COURTYARD
Over the 12 months to Sep 2024, The Courtyard recorded 5 rental contracts at a median $4,150/mo. Source: URA caveat data, as of Sep 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Sep-24 | $1,860,000 | $1,394 psf | 1,335 sqft | 01 to 05 | 3BR |
| Jun-24 | $1,628,000 | $1,512 psf | 1,076 sqft | 01 to 05 | 3BR |
| Aug-22 | $1,550,000 | $1,263 psf | 1,227 sqft | 01 to 05 | 3BR |
| Jul-21 | $1,430,000 | $1,126 psf | 1,270 sqft | 01 to 05 | 3BR |
| Apr-21 | $1,225,000 | $1,138 psf | 1,076 sqft | 01 to 05 | 3BR |
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.