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.
Overview & Key Facts
THE COURTYARD is a freehold condominium at LIM AH PIN ROAD in District 19 (OCR), developed by DUIT PROPERTY PTE LTD, comprising 27 units, completed in 1995.
Location & Connectivity
THE COURTYARD is approximately 420m from Kovan MRT station, with 2 stations within 1.5 km.
Schools & Education
21 schools within 2 km (9 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Holy Innocents' Primary School | Primary | 40m |
| Holy Innocents' High School | Secondary | 130m |
| St. Gabriel's Primary School | Primary | 300m |
| Hougang Primary School | Primary | 360m |
| Hougang Secondary School | Secondary | 380m |
| Xinmin Primary School | Primary | 490m |
| Xinmin Secondary School | Secondary | 630m |
| Montfort Secondary School | Secondary | 690m |
Market Position
THE COURTYARD has recorded 5 sales at an average price of $1,538,600.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,132 psf | — |
| 2022 | 1 | $1,263 psf | ↑ 11.6% |
| 2024 | 2 | $1,453 psf | ↑ 15.0% |
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THE COURTYARD prices sit at a fresh series high after a 15.0% gain on the prior period, now 28.4% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 19 reads 131.3 as of June 2026 — up 2.8% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,752 psf | 873 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,596 psf | 648 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 604 |
| SERANGOON GARDEN ESTATE | Freehold | $1,759 psf | 491 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 27 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1995, the development is over 31 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
car-owning households and first-time hdb upgraders should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for short-term flippers (<5 yr) and resort facilities — other options likely serve them better. TOP 1995 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
THE COURTYARD is a freehold development in District 19 (OCR), with 27 units, offering a gross yield of 3.1%.
Explore the full THE COURTYARD dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE COURTYARD against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for THE COURTYARD?
Is THE COURTYARD freehold?
What is the rental yield for THE COURTYARD?
Which MRT is nearest to THE COURTYARD?
Sources & Next Steps
- THE COURTYARD Dashboard — Live charts and analytics
- URA — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 5 transactions
- Rental data: 21 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Sep 2024 · 5 records analysed · Source: URA private-sale caveats