The Gardens At Gerald

D28 (OCR) 999 yrs lease commencing from 1879

The Gardens At Gerald is a 999-year leasehold condominium in District 28 (Seletar), within Singapore's Outside Central Region (OCR). The development was completed in 2007 and comprises 25 units, on a lease that commenced in 1879. Sale and rental figures on this page are compiled from URA transaction records.

District 28 · 999 yrs lease commencing from 1879 · Completed 2007
~$1,034Avg PSF (12-month)
25Total units
Category Ratings
Facilities
4.0
Unit size & layout
6.5
Value for money
4.5
Neighbourhood
6.5
MRT accessibility
7.5
Lease remaining
6.0

Overview & Key Facts

THE GARDENS AT GERALD is a 999 yrs lease commencing from 1879 condominium at GERALD DRIVE in District 28 (OCR), developed by OAKTREE LAND PTE LTD, comprising 25 units, completed in 2007.

Developer
OAKTREE LAND PTE LTD
Tenure
999 yrs lease commencing from 1879
Total units
25
TOP year
2007
District
28 — OCR
Street
GERALD DRIVE

Location & Connectivity

THE GARDENS AT GERALD is approximately 730m from Fernvale MRT station, with 4 stations within 1.5 km.

MRT stations near THE GARDENS AT GERALD
StationLineDistance
FernvaleSengkang LRT730m
LayarSengkang LRT820m
TongkangSengkang LRT1.1 km
ThanggamSengkang LRT1.4 km

Schools & Education

10 schools within 2 km (4 within 1 km priority zone).

Schools near THE GARDENS AT GERALD
SchoolTypeDistance
North Vista Primary SchoolPrimary550m
North Vista Secondary SchoolSecondary550m
Fernvale Primary SchoolPrimary840m
Chongfu SchoolPrimary990m
Presbyterian High SchoolSecondary1.1 km
Townsville Primary SchoolPrimary1.4 km
Nan Chiau Primary SchoolPrimary1.5 km
Anchor Green Primary SchoolPrimary1.7 km

Market Position

THE GARDENS AT GERALD has recorded 5 sales at an average price of $2,893,600.

THE GARDENS AT GERALD sits at the 2nd percentile of District 28 condo PSF.
$1,034 psf
Avg PSF (12mo)
$2,893,600
Avg Price
2.3%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for THE GARDENS AT GERALD
YearSalesAvg PSFChange
20212$693 psf
20231$867 psf↑ 25.1%
20241$877 psf↑ 1.2%
20251$1,034 psf↑ 17.8%

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THE GARDENS AT GERALD prices sit at a fresh series high after a 17.8% gain on the prior period, now 49.1% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 28 reads 163.6 as of June 2026 — down 1.7% 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

District 28 competitors
CondoTenureAvg PSFSales
PARC GREENWICH99 yrs lease commencing from 2020$1,234 psf496
HIGH PARK RESIDENCES99 yrs lease commencing from 2014$1,487 psf420
THE TOPIARY99 yrs lease commencing from 2012$1,225 psf404
PARC BOTANNIA99 yrs lease commencing from 2016$1,595 psf216
SELETAR HILLS ESTATE999 yrs lease commencing from 1879$1,507 psf203

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 25 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

The profile fits families with young children, car-owning households, long-term hold (10+ yr) and freehold / generational hold best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For quiet sanctuary seekers and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

cpf-only buyers should probably look elsewhere. Lease-remaining profile affects CPF usage caps — verify against the 60-year CPF Board threshold.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

THE GARDENS AT GERALD is a 999 yrs lease commencing from 1879 development in District 28 (OCR), with 25 units, offering a gross yield of 2.3%.

At ~$1,034 psf, it represents a competitive entry point in the OCR segment.

Explore the full THE GARDENS AT GERALD dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing THE GARDENS AT GERALD against staying public? These HDB towns sit within walking or short-drive distance:

  • Hougang — 4-room average $630,510 (300m away), an upgrader gap of about $2,250,000
  • Sengkang — 4-room average $658,294 (380m away), an upgrader gap of about $2,250,000
  • Serangoon — 4-room average $685,706 (1.2 km away), an upgrader gap of about $2,200,000

FAQ

What is the average PSF for THE GARDENS AT GERALD?
The 12-month average is approximately $1,034 psf.
Is THE GARDENS AT GERALD freehold?
THE GARDENS AT GERALD has a 999 yrs lease commencing from 1879 tenure.
What is the rental yield for THE GARDENS AT GERALD?
The estimated gross yield is 2.3%.
Which MRT is nearest to THE GARDENS AT GERALD?
The nearest is Fernvale MRT at 730m.

Sources & Next Steps

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: 6 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of February 2025

Latest recorded data point: Feb 2025 · 5 records analysed · Source: URA private-sale caveats