Overview & Key Facts
COLCHESTER PARK is a 999 yrs lease commencing from 1956 condominium at COLCHESTER GROVE in District 19 (OCR), developed by CITY DEVELOPMENTS LTD, comprising 22 units, completed in 1991.
Location & Connectivity
COLCHESTER PARK is approximately 750m from Lorong Chuan MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Lorong Chuan | Circle Line | 750m |
| Serangoon | North-East Line | 1.2 km |
| Serangoon | Circle Line | 1.2 km |
Schools & Education
18 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Serangoon Secondary School | Secondary | 660m |
| Serangoon Garden Secondary School | Secondary | 820m |
| Bowen Secondary School | Secondary | 840m |
| Cedar Primary School | Primary | 940m |
| Cedar Girls' Secondary School | Secondary | 980m |
| Maris Stella High School (Primary) | Primary | 1.2 km |
| Maris Stella High School | Secondary | 1.2 km |
| Xinghua Primary School | Primary | 1.2 km |
Market Position
COLCHESTER PARK has recorded 1 sales at an average price of $3,800,000.
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 29 years remaining on its 99-year lease, significant financing restrictions apply.
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 22-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 35+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, empty nesters / downsizers and cbd walking distance. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For young couples (no kids) and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
COLCHESTER PARK is a 999 yrs lease commencing from 1956 development in District 19 (OCR), with 22 units, offering a gross yield of 1.5%.
Explore the full COLCHESTER PARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing COLCHESTER PARK against staying public? These HDB towns sit within walking or short-drive distance:
- Serangoon — 4-room average $685,706 (320m away), an upgrader gap of about $3,100,000
- Ang Mo Kio — 4-room average $724,816 (1.2 km away), an upgrader gap of about $3,100,000
- Hougang — 4-room average $630,510 (1.4 km away), an upgrader gap of about $3,150,000
FAQ
What is the average PSF for COLCHESTER PARK?
Is COLCHESTER PARK freehold?
What is the rental yield for COLCHESTER PARK?
Which MRT is nearest to COLCHESTER PARK?
Sources & Next Steps
- COLCHESTER PARK 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: 1 transactions
- Rental data: 3 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2024 · 1 records analysed · Source: URA private-sale caveats