FORTUNA GARDENS

Condo Profile 5 min read Last reviewed
For: First-time buyersInvestorsHDB upgraders
Source: URA REALIS
TL;DR
FORTUNA GARDENS is a 999 yrs lease commencing from 1883 condominium in D19 (Outside Central Region). Average price: $4,389,481. Gross yield: 1.6%.

We track 6 sales and 4 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the FORTUNA GARDENS dashboard.

Data as of July 2026
Key Takeaways
  • Average sale price: $4,389,481 across 6 transactions
  • Estimated gross rental yield: 1.6%
  • District 19 PSF ranking: Premium tier (top 10%)
  • 999 yrs lease commencing from 1883 · OCR · D19

About FORTUNA GARDENS

FORTUNA GARDENS is a 999 yrs lease commencing from 1883 condominium, located at DA SILVA LANE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region).

D19
District
OCR
Outside Central Region
TOP Year
1.6%
Gross Yield

Unit Mix Distribution

Transaction data breakdown by bedroom type at FORTUNA GARDENS:

Unit mix for FORTUNA GARDENS
TypeSalesAvg PSFAvg Price
4 BR3$2,224 psf$3,893,333
5+ BR3$1,618 psf$4,885,629
🧮Calculate Your Monthly Mortgage Payment

Sales Market Overview

$4,389,481
Avg Price
$2,580,000
Lowest Sale
$6,488,888
Highest Sale
6
Total Sales

FORTUNA GARDENS has recorded 6 sale transactions with an average transaction price of $4,389,481, ranging from $2,580,000 to $6,488,888.

Price & PSF trend for FORTUNA GARDENS
YearSalesAvg PSFAvg PriceYoY
20211$1,396 psf$5,588,000
20232$2,519 psf$5,594,444↑ 80.4%
20242$1,495 psf$2,930,000↓ 40.7%
20251$2,101 psf$3,700,000↑ 40.5%

FORTUNA GARDENS ranks in the top 10% of condos in District 19 by average PSF.

Compared to the OCR average of $1,550 psf, FORTUNA GARDENS trades 23.9% above the segment benchmark.

Loading chart data...

Rental Market Overview

$5,750/mo
Avg Rent
$4,000/mo
Lowest
$8,400/mo
Highest
4
Total Leases

FORTUNA GARDENS has recorded 4 rental transactions with monthly rents averaging $5,750/mo.

Rental rates by bedroom for FORTUNA GARDENS
TypeLeasesAvg RentMinMax
Studio4$5,750/mo$4,000/mo$8,400/mo
Rental trend for FORTUNA GARDENS
YearLeasesAvg Rent
20221$4,000/mo
20241$4,800/mo
20251$8,400/mo
20261$5,800/mo

Loading chart data...

🧮Estimate Rental Yield for FORTUNA GARDENS

Investment Analysis

Based on average rents and sale prices, FORTUNA GARDENS delivers an estimated gross rental yield of 1.6%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.

Investment Verdict: Below Average Yield
FORTUNA GARDENS offers a gross rental yield of 1.6% in District 19.

Competing Condos in District 19

Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):

District 19 condo comparison
CondoTenureUnitsAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024916$2,596 psf868
THE FLORENCE RESIDENCES99 yrs lease commencing from 20181410$1,746 psf849
RIVERFRONT RESIDENCES99 yrs lease commencing from 20181451$1,590 psf629
AFFINITY AT SERANGOON99 yrs lease commencing from 20181012$1,699 psf597
SERANGOON GARDEN ESTATEFreehold$1,742 psf467

Location Map

Map shows FORTUNA GARDENS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.

  • FORTUNA GARDENS
  • Kovan MRT
  • Hougang MRT
  • Xinmin Primary School
  • Xinmin Secondary School
  • Holy Innocents&#039

Nearby MRT Stations

FORTUNA GARDENS is 500m from Kovan MRT (North-East Line), with 2 stations within 1.5 km.

MRT stations near FORTUNA GARDENS
StationCodeLineDistance
KovanNE13North-East Line500m
HougangNE14North-East Line1.3 km

Nearby Schools

There are 20 schools within 2 km of FORTUNA GARDENS, including 11 within the 1 km priority zone.

Schools near FORTUNA GARDENS
SchoolTypeDistance
Xinmin Primary SchoolPrimary120m
Xinmin Secondary SchoolSecondary280m
Holy Innocents' High SchoolSecondary330m
Holy Innocents' Primary SchoolPrimary390m
St. Gabriel's Primary SchoolPrimary590m
Rosyth SchoolPrimary770m
Hougang Primary SchoolPrimary770m
Hougang Secondary SchoolSecondary770m
Yangzheng Primary SchoolPrimary800m
Montfort Secondary SchoolSecondary820m
Montfort Junior SchoolPrimary910m
Zhonghua Primary SchoolPrimary1.0 km

FAQ

What is the average price for FORTUNA GARDENS?
The average transaction price is $4,389,481 across 6 sales.
What is the rental yield for FORTUNA GARDENS?
The estimated gross yield is 1.6%.
Is FORTUNA GARDENS freehold or leasehold?
FORTUNA GARDENS has a 999 yrs lease commencing from 1883 tenure.

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 6 transactions analysed
  • Rental data: 4 lease records analysed
  • Gross yield = (avg monthly rent × 12) / avg sale price

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

View Live Data for FORTUNA GARDENS

Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.

Open FORTUNA GARDENS Dashboard →

New Sale vs Resale Mix

Of the 2,426 condo transactions recorded in District 19 over the last 12 months, 93% resale, 5% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.

Loading chart data...

Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% 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.

Loading chart data...

HDB Alternatives Nearby

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

  • Hougang — 4-room average $630,510 (550m away), an upgrader gap of about $3,750,000
  • Serangoon — 4-room average $685,706 (930m away), an upgrader gap of about $3,700,000
🧮Affordability Calculator
Can you afford FORTUNA GARDENS? Average price: $4,389,481
Open Affordability Calculator →
🧮Stamp Duty Calculator
Estimate BSD/ABSD on a $4,389,481 purchase
Open Stamp Duty Calculator →
👍Helpful0💡Insightful0📅Outdated0
Related Properties: