The Sunnydale

D19 (OCR) 99 yrs lease commencing from 1997
District 19 ·99 yrs lease commencing from 1997 ·Completed 2002
~$1,348 Avg PSF (12-month)
3.2% Rental yield
70 Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.5
Value for money
7.5
Neighbourhood
7.5
MRT accessibility
7.5
Lease remaining
6.5

Overview & Key Facts

The Sunnydale is a compact 70-unit freehold-feel development sitting along Serangoon Avenue 3 in District 19, one of the quieter residential pockets tucked between Lorong Chuan and Serangoon MRT. Developed by MCL Land (Serangoon 2) Pte Ltd and completed in 2002, it is among the older mid-1990s-planned condos in the Serangoon belt — a generation defined by generous unit sizes, low-rise massing, and hedge-lined boundaries rather than the glass towers and sky gardens that have since come to dominate the OCR landscape.

Despite its 99-year leasehold tenure, The Sunnydale has aged far better than many of its contemporaries. The small site footprint and low unit count give it a townhouse-like density that appeals to families priced out of nearby landed enclaves but unwilling to live in a mega-development. In a sub-market where most new launches push past 900 units, a 70-unit condo is, in itself, a differentiated product.

The development occupies a discreet parcel off Upper Serangoon Road, bordered by private landed housing on one side and the green corridor leading toward the Kallang River on the other. Transaction volumes are low — only 14 resale transactions in the past 12 months — but this is more a function of supply scarcity than weak demand. Owners tend to hold long-term, and when units list, they tend to clear.

Developer
MCL LAND (SERANGOON 2) PTE LTD
Tenure
99 yrs lease commencing from 1997
Total units
70
TOP year
2002
District
19 — OCR
Street
SERANGOON AVENUE 3
Lease remaining
~70 years (of 99)

Location & Connectivity

The Sunnydale sits roughly 500 metres from Lorong Chuan MRT on the Circle Line and about 670 metres from Serangoon MRT interchange (North-East Line and Circle Line). Neither is a “doorstep” station, but both are comfortably walkable in under 10 minutes — faster than many of the larger 99-year condos in the same district that sit well over a kilometre from the nearest station. For buyers coming from the heartland, this is one of the few mature-estate condos in D19 where MRT access doesn’t require a bus stopgap.

Serangoon MRT interchange is the real anchor — it connects directly to NEX, one of the largest suburban malls in Singapore, housing a FairPrice Xtra, Serangoon Public Library, cinemas, Cold Storage, and an extensive food court. For residents, NEX covers roughly 90% of household shopping and dining needs within a 10-minute walk or a two-stop bus ride.

For drivers, the CTE is a 5-minute drive, placing Orchard Road within approximately 15 minutes in off-peak conditions and the CBD under 20 minutes. Paya Lebar Central, the regional commercial hub, is a similar drive eastward. The Kallang–Paya Lebar Expressway (KPE) adds further connectivity to the eastern coastal stretch and Changi Airport.

Walk-to-MRT is the quiet advantage
At 500m to Lorong Chuan and 670m to Serangoon, The Sunnydale sits in the top quartile of D19 condos for genuine walkable MRT access. Buyers who’ve viewed larger but more distant developments in Hougang or Upper Serangoon often find this the deciding factor on return visits.

Schools & Education

Nearby Schools
SchoolTypeDistance
Cedar Girls' Secondary Schoolsecondary~1.2 km
Cedar Primary Schoolprimary~1.2 km
Serangoon Secondary Schoolsecondary~1.3 km
Bartley Secondary Schoolsecondary~1.3 km
Maris Stella High School (Primary)primary~1.3 km
Maris Stella High Schoolsecondary~1.3 km
Assumption Pathway Schoolsecondary~1.6 km
Stamford Primary Schoolprimary~1.6 km

Facilities

Facilities at The Sunnydale are intentionally modest. The small site cannot accommodate the resort-scale clubhouses or dome pavilions seen at mega-condos like Chuan Park or Affinity at Serangoon. What residents get instead is a functional core: a lap pool, a small gym, a BBQ area, and landscaped gardens — sized appropriately for 70 units rather than 900.

This is a genuine trade-off and buyers should be honest about where they land. For a family that will actually use a 50m pool, air-conditioned badminton dome, or tennis courts weekly, The Sunnydale will feel under-equipped. For owners who value low maintenance fees, short waits for pool lanes, and a quiet resident-only feel, the smaller amenity set is a feature, not a bug.

“Facilities are basic but they’re never crowded. You can actually book the BBQ pit on a weekend — try doing that at a 900-unit condo.”

— Owner commentary via EdgeProp

One often-overlooked advantage of small developments: maintenance fees tend to be more predictable because there are fewer moving parts — no onsen pavilions, no rooftop infinity pools, no shuttle buses. Lower fee volatility is a genuine monthly benefit for owner-occupiers planning 15- to 20-year holds.


Unit Sizes & Layout

Transaction data is thin given the low turnover, but resale records show a small mix dominated by 2- and 3-bedroom configurations. Unit sizes at The Sunnydale broadly reflect its early-2000s design philosophy: 3-bedroom layouts in the 1,200–1,400 sqft range are typical, considerably more generous than the 900–1,000 sqft 3-bedders common in post-2015 launches.

Median resale price over the last 12 months sits at S$1,638,000 with an average PSF of approximately S$1,348. This is a meaningful discount to newer 99-year condos in the same postal sector — Chuan Park is transacting at S$2,596 psf and The Florence Residences at S$1,743 psf — though buyers should factor in the older fit-out and likely renovation budget.

Renovation budget is real
Most units at The Sunnydale have not been reskinned since TOP. Buyers should budget S$80,000–S$150,000 for a full interior refresh (kitchen, bathrooms, flooring) if they want finishings comparable to a 2020-era condo. Factor this into the total acquisition cost before comparing PSF with newer launches.

PSF has moved steadily over the past five years, rising from roughly S$1,061 to S$1,348 — about 27% cumulative appreciation. This tracks the broader D19 resale market but with less volatility, a pattern consistent with low-turnover developments where price discovery happens slowly.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
3 BR5$1,232$1,558,600
4 BR9$1,209$1,717,556

Pricing & Market Position

Based on 14 recorded transactions, sale prices range from $1,060,000 to $2,138,000, averaging $1,660,786 (~$1,348 psf).

Rents range from $2,500 to $5,800 per month across 33 rental transactions. Current rental yield sits at approximately 3.2%.


Price Appreciation

From 2021 to 2025, the average PSF has appreciated by 27.1% (from $1,061 to $1,348 psf).

2023
-0.6%
$1,164 psf
2024
+16.2%
$1,353 psf
2025
-0.3%
$1,348 psf

Neighbourhood Comparison

The Sunnydale’s direct competition in the Serangoon belt splits into three groups. Against Chuan Park (new launch, S$2,596 psf, fresh 99-year lease, MRT-adjacent), The Sunnydale offers roughly 48% PSF savings but gives up lease freshness and scale. Against The Florence Residences (S$1,743 psf, 1,410 units, TOP 2023), The Sunnydale trades amenity depth for a 23% PSF discount and better MRT walkability.

Against Riverfront Residences (S$1,586 psf, 1,451 units, Hougang) and Affinity at Serangoon (S$1,698 psf, 1,012 units), the trade-off inverts — those developments offer full facility suites and newer leases but are further from Serangoon MRT interchange. Serangoon Garden Estate (freehold, limited supply) is a different buyer profile entirely — landed or conservation-scale, not directly comparable.

District 19 Comparables
DevelopmentTenureTOPUnits~Avg PSF
THE SUNNYDALE99 yrs lease commencing from 1997200270$1,348
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

Lease Decay Analysis

The 99-year lease runs from 1997, meaning approximately 29 years have already been consumed. Roughly 70 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~70 yearsFull bank financing available
2027~69 yearsCPF usage still unrestricted for most buyers
2036~59 yearsApproaching 60-year threshold — CPF limits begin for some
2056~39 yearsSignificant financing restrictions for next buyer
2096ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~60 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates THE SUNNYDALE across multiple dimensions.

Walkability
42/100
MRT: 15/25, School: 12/20, Hawker: 5/15, Mall: 0/15, Park: 5/10, Supermarket: 0/10, Clinic: 5/5
Investment
45/100
Insufficient data ·3.0% yield ·4 txns/yr ·70 yrs left ·0.5 km to MRT ·-1.9% district YoY ·En-bloc 52/100
En-Bloc Potential
52/100
Verdict: Moderate
Overall ShiokNest Score
33/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Moved in three years ago and haven’t looked back. Quiet, walkable to NEX, neighbours actually know each other. It’s not flashy but it feels like home.”

— Owner commentary via EdgeProp

“Small condo so the gym and pool are never packed. Management is responsive because the MCST is basically your neighbours.”

— Resident review via PropertyGuru

“Fit-out is dated and you’ll spend on renovation. But for the location and unit size you’re getting, it’s fair value.”

— Buyer review via Singapore Expats forum

The consistent pattern across reviews: residents value the low density, walkable MRT, and mature greenery, while acknowledging that interior finishings and facilities are not the draw. Complaints are few and mostly relate to the age of the building — expected for a 2002 TOP — rather than any structural management issues. Long-term residency is common; several reviewers cite 8+ years at the same unit.


Strengths & Weaknesses

Strengths
  • Walkable to Lorong Chuan MRT (500m) and Serangoon interchange (670m)
  • Discount of 30–45% PSF vs nearby new launches
  • Small 70-unit community — quiet, low-density feel
  • Generous unit sizes vs post-2015 launches (3-BR at 1,200+ sqft)
  • Healthy 70-year lease remaining — full financing intact
  • Maintenance fees lower and more predictable than mega-condos
  • Mature neighbourhood with established F&B and schools
  • Walking distance to NEX mall for full household shopping
  • Several primary schools within 1.5 km for P1 balloting
  • Steady ~27% five-year PSF appreciation with low volatility
Weaknesses
  • Very modest facilities — no tennis, no function rooms of note
  • Thin transaction volume (~14 sales/yr) can slow resale
  • Dated interior finishings — S$80k–S$150k renovation likely
  • 99-year lease from 1997 — lease clock matters for eventual exit
  • Low resale liquidity increases exit timing risk
  • No covered linkway to MRT — 10-min walk in rain or heat
  • Small development lacks brand recognition of mega-condos
  • Limited differentiation for investors vs owner-occupiers
  • Ageing MCST-era M&E may require sinking-fund top-ups
Best for — Long-term owner-occupiers Walk-to-MRT households Quiet-low-density seekers Value-conscious upgraders Families with school-age kids Renovation-ready buyers Short-term flippers (<5 yr) Facilities-maximising buyers

Verdict

The Sunnydale is a genuinely niche product. For a buyer who wants a walkable-to-MRT address in District 19, intends to live in the unit for 10+ years, and is comfortable with a modest facilities set, the value proposition is attractive — particularly at a 30%–45% PSF discount to the nearest new launches. The 70-year remaining lease is healthy enough to support full bank financing and CPF usage for the foreseeable future, and the small-community feel is a real differentiator in a district dominated by mega-developments.

Where the argument weakens is on the exit side. Small developments with thin trading volume can be harder to sell when the market is soft — buyers naturally gravitate toward known brands with more comparable transactions. At 70 years of lease remaining, the clock is a non-issue for today’s buyer, but any future resale will increasingly encounter buyers running the same lease math on their end. For investors chasing capital gains or flippers, this is probably not the right asset.

The best fit is the owner-occupier who values location, quiet, and space per dollar — and plans to stay long enough that entry PSF matters more than exit PSF.

Frequently Asked Questions

How far is The Sunnydale from the nearest MRT station?
The Sunnydale is approximately 500m from Lorong Chuan MRT (Circle Line) and 670m from Serangoon MRT interchange (North-East Line and Circle Line). Both stations are walkable in under 10 minutes.
What is the average PSF price at The Sunnydale in 2026?
Based on the last 12 months of resale transactions, the average PSF at The Sunnydale is approximately S$1,348, with median transaction prices around S$1,638,000.
How many years are left on The Sunnydale's lease?
The Sunnydale's 99-year lease commenced in 1997, leaving approximately 70 years remaining as of 2026. Full bank financing and CPF usage remain available.
How does The Sunnydale compare to Chuan Park and The Florence Residences?
The Sunnydale averages about S$1,348 psf — roughly 48% cheaper than Chuan Park (S$2,596 psf, new launch) and 23% cheaper than The Florence Residences (S$1,743 psf). Trade-offs are older fit-out and smaller facility set in exchange for better walkable MRT access and significant PSF savings.
Is The Sunnydale suitable for investors?
With a gross rental yield of approximately 3.15% and thin transaction volume, The Sunnydale is better suited to long-term owner-occupiers than short-term investors or flippers. Capital appreciation has been steady (~27% over five years) but exit liquidity is limited by the small 70-unit size.
What schools are near The Sunnydale?
Within 1.5 km, residents have access to Cedar Primary, Cedar Girls' Secondary, Maris Stella High (Primary and Secondary), Serangoon Secondary, and Bartley Secondary School — a strong cluster for families with school-age children.