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Cherry Gardens

Apartment · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (69 yrs left) · Updated Aug 2025

Cherry Gardens is a 99-year lease (69 yrs left) apartment development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 9 recorded private transactions. Latest sale: $1,880,000 (Aug 2025, 201 sqm, floors 01-05). Median $985/sqft. Prices down 16.1% over the period. 69 years lease remaining.

Latest Sale
$1,880,000
Aug 2025 · 201 sqm
Median Price
$985/sqft
$1,350,000 typical unit
Transactions
9
$782–$1,298 psf
Price Trend
▼ 16.1%
~-4.2% a year

Where Cherry Gardens ranks in District 19

All 147 projects ›
Median psf
Top 98%
#144 / 147 Top 98%
Typical unit price
Top 56%
#83 / 147 Top 56%
Most recent sale
Top 29%
#43 / 147 Top 29%
Price growth
Top 100%
#126 / 126 Top 100%

Median psf over time

Estimate a unit at Cherry Gardens

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +-4.2%/yr
Lease decay −0.36%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

69 yrs
Remaining lease
0.36%
Annual decay (Bala's Table)
1996
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.36% a year.

Recent transactions

DateFloorType AreaPricepsf
Aug 2025 01-05 Resale 201 sqm $1,880,000 $869
Aug 2025 01-05 Resale 208 sqm $1,750,000 $782
Jun 2024 01-05 Resale 102 sqm $1,425,000 $1,298
May 2023 01-05 Resale 207 sqm $1,815,000 $815
Oct 2022 01-05 Resale 110 sqm $1,350,000 $1,140
Aug 2022 01-05 Resale 100 sqm $1,250,000 $1,161
Jun 2022 01-05 Resale 81 sqm $850,000 $975
Dec 2021 01-05 Resale 100 sqm $1,060,000 $985
Jul 2021 01-05 Resale 99 sqm $1,060,000 $995
Showing 9 of 9 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Cherry Gardens is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Cherry Gardens, with their median resale psf. Useful for comparing what Cherry Gardens costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Cherry Gardens

Cherry Gardens in District 19 (Serangoon Gardens / Hougang / Punggol) is a 99-year leasehold apartment development with roughly 69 years of lease left, which makes remaining lease a meaningful price driver here. Its $985 psf median sits about 30% below the District 19 median, cheaper than about 97% of projects there. It has a relatively light transaction record, with 9 sales between 2021-07 and 2025-08, ranging from $850,000 to $1,880,000. The most recent transaction was a 201 sqm unit (floors 01-05) at $1,880,000 in Aug 2025, and the median is $985 psf. Prices have eased about 16.1% over the period. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Cherry Gardens cost?

The most recent transaction at Cherry Gardens was $1,880,000 for a 201 sqm unit in 2025-08. The median price is $985 per square foot across 9 transactions, ranging from $850,000 to $1,880,000. Data sourced from URA.

Is Cherry Gardens freehold or leasehold?

Cherry Gardens is on a 99-year lease commencing in 1996, with approximately 69 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.36%.

What is the price per square foot (psf) at Cherry Gardens?

The median price at Cherry Gardens is $985 psf, with transactions ranging from $782 to $1,298 psf. This is based on 9 URA-recorded transactions in District 19.

Have prices at Cherry Gardens gone up or down?

Prices at Cherry Gardens have decreased by approximately 16.1% over the data period (around -4.2% a year). The median price is currently $985 psf, with the most recent sale at $1,880,000 in 2025-08.