BOATHOUSE RESIDENCES Review

Condo Review 5 min read Last reviewed
District 19 · 99 yrs lease commencing from 2011 · Completed 2015
~$1,389Avg PSF (12-month)
493Total units
Category Ratings
Walkability
4.2
Investment
6.5
En-Bloc Potential
2.0
ShiokNest Score
4.2

Overview & Key Facts

BOATHOUSE RESIDENCES is a 99 yrs lease commencing from 2011 condominium at UPPER SERANGOON VIEW in District 19 (OCR), developed by EASTHOUSE PROPERTIES PTE LTD, comprising 493 units, completed in 2015.

Developer
EASTHOUSE PROPERTIES PTE LTD
Tenure
99 yrs lease commencing from 2011
Total units
493
TOP year
2015
District
19 — OCR
Street
UPPER SERANGOON VIEW
Lease remaining
~84 years (of 99)

Location & Connectivity

BOATHOUSE RESIDENCES is approximately 920m from Kangkar MRT station, with 5 stations within 1.5 km.

MRT stations near BOATHOUSE RESIDENCES
StationLineDistance
KangkarSengkang LRT920m
RanggungSengkang LRT1.2 km
HougangNorth-East Line1.3 km
BakauSengkang LRT1.4 km
BuangkokNorth-East Line1.4 km

Schools & Education

7 schools within 2 km.

Schools near BOATHOUSE RESIDENCES
SchoolTypeDistance
Rivervale Primary SchoolPrimary1.3 km
Nan Chiau Primary SchoolPrimary1.7 km
Seng Kang Primary SchoolPrimary1.8 km
Compassvale Primary SchoolPrimary1.8 km
Sengkang Secondary SchoolSecondary1.9 km
Greendale Secondary SchoolSecondary1.9 km
Greendale Primary SchoolPrimary2 km

Unit Mix & Pricing

Unit mix for BOATHOUSE RESIDENCES
TypeSalesAvg PSFAvg Price
1 BR19$1,232 psf$771,368
2 BR60$1,252 psf$1,047,393
3 BR60$1,260 psf$1,378,655
4 BR14$1,240 psf$1,860,214

Market Position

BOATHOUSE RESIDENCES has recorded 153 sales at an average price of $1,217,398.

BOATHOUSE RESIDENCES sits at the 35th percentile of District 19 condo PSF.
$1,389 psf
Avg PSF (12mo)
$1,217,398
Avg Price
3.1%
Gross Yield
153
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at BOATHOUSE RESIDENCES typically rent harder per dollar of purchase price:

Per-bedroom gross yield at BOATHOUSE RESIDENCES
TypeAvg RentAvg PriceGross Yield
1 BR$2,643/mo$771,3684.11%
2 BR$3,107/mo$1,047,3933.56%
3 BR$3,567/mo$1,378,6553.10%
4 BR$4,386/mo$1,860,2142.83%

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Price Appreciation

PSF trend for BOATHOUSE RESIDENCES
YearSalesAvg PSFYoY
202131$1,073 psf
202234$1,181 psf↑ 10.0%
202328$1,278 psf↑ 8.3%
202425$1,346 psf↑ 5.3%
202522$1,372 psf↑ 1.9%
202613$1,419 psf↑ 3.4%

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The latest reading marks the highest point in this series — BOATHOUSE RESIDENCES prices have climbed 32.2% since 2021.

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.

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Neighbourhood Comparison

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

Lease Analysis

With 84 years remaining on its 99-year lease, BOATHOUSE RESIDENCES still qualifies for full bank financing and CPF usage.

Who This Actually Suits

The profile fits car-owning households, wfh / hybrid workers, long-term hold (10+ yr) and first-time hdb upgraders best. Parking and arterial road access matter more here than walking-distance MRT.

For sports / active lifestyle, it can work — but weigh the trade-offs before committing.

It is a weaker fit for families with young children and yield-focused investors — other options likely serve them better. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

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


Verdict

BOATHOUSE RESIDENCES is a 99 yrs lease commencing from 2011 development in District 19 (OCR), with 493 units, offering a gross yield of 3.1%.

At ~$1,389 psf, it represents a competitive entry point in the OCR segment.

Explore the full BOATHOUSE RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Hougang — 4-room average $630,510 (160m away), an upgrader gap of about $600,000
  • Sengkang — 4-room average $658,294 (730m away), an upgrader gap of about $550,000
  • Punggol — 4-room average $686,521 (2 km away), an upgrader gap of about $550,000

FAQ

What is the average PSF for BOATHOUSE RESIDENCES?
The 12-month average is approximately $1,389 psf.
Is BOATHOUSE RESIDENCES freehold?
BOATHOUSE RESIDENCES has a 99 yrs lease commencing from 2011 tenure with ~84 years remaining.
What is the rental yield for BOATHOUSE RESIDENCES?
The estimated gross yield is 3.1%.
Which MRT is nearest to BOATHOUSE RESIDENCES?
The nearest is Kangkar MRT at 920m.

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: 153 transactions
  • Rental data: 286 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 153 records analysed · Source: URA private-sale caveats

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