Overview & Key Facts
CENTRAL VIEW is a 99 yrs lease commencing from 1998 condominium at HOUGANG STREET 11 in District 19 (OCR), developed by FAR EAST ORGANIZATION (HOUGANG VIEW PTE LTD), comprising 104 units, completed in 2005.
Location & Connectivity
CENTRAL VIEW is approximately 660m from Serangoon MRT station, with 4 stations within 1.5 km.
Schools & Education
20 schools within 2 km (7 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Cedar Girls' Secondary School | Secondary | 360m |
| Cedar Primary School | Primary | 430m |
| Zhonghua Secondary School | Secondary | 470m |
| Zhonghua Primary School | Primary | 550m |
| Serangoon Secondary School | Secondary | 870m |
| Montfort Junior School | Primary | 930m |
| Montfort Secondary School | Secondary | 1 km |
| Xinmin Secondary School | Secondary | 1.1 km |
Market Position
CENTRAL VIEW has recorded 30 sales at an average price of $1,318,093.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 5 | $904 psf | — |
| 2022 | 4 | $993 psf | ↑ 9.9% |
| 2023 | 10 | $1,141 psf | ↑ 14.9% |
| 2024 | 6 | $1,269 psf | ↑ 11.2% |
| 2025 | 2 | $1,361 psf | ↑ 7.2% |
| 2026 | 3 | $1,368 psf | ↑ 0.5% |
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The latest reading marks the highest point in this series — CENTRAL VIEW prices have climbed 51.3% 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,751 psf | 869 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,595 psf | 642 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 602 |
| SERANGOON GARDEN ESTATE | Freehold | $1,757 psf | 487 |
Lease Analysis
With 71 years remaining on its 99-year lease, CENTRAL VIEW still qualifies for full bank financing and CPF usage.
What Could Work Against You
- The remaining lease of roughly 71 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
- With just 4 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
Best suited for
Who This Actually Suits
This is a strong match for car-owning households, pet owners, yield-focused investors and long-term hold (10+ yr). At ~658m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
For cpf-only buyers, it can work — but weigh the trade-offs before committing.
first-time hdb upgraders should probably look elsewhere. OCR (Outside Central Region) pricing sits within reach of HDB upgraders banking proceeds from a mature-estate resale.
Verdict
CENTRAL VIEW is a 99 yrs lease commencing from 1998 development in District 19 (OCR), with 104 units, offering a gross yield of 3.4%.
At ~$1,365 psf, it represents a competitive entry point in the OCR segment.
Explore the full CENTRAL VIEW dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CENTRAL VIEW against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for CENTRAL VIEW?
Is CENTRAL VIEW freehold?
What is the rental yield for CENTRAL VIEW?
Which MRT is nearest to CENTRAL VIEW?
Sources & Next Steps
- CENTRAL VIEW Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 30 transactions
- Rental data: 43 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 30 records analysed · Source: URA private-sale caveats