EUPHONY GARDENS Review

Condo Review 5 min read Last reviewed
District 27 · 99 yrs lease commencing from 1998 · Completed 2002
~$930Avg PSF (12-month)
304Total units
Category Ratings
Walkability
4.1
Investment
5.7
En-Bloc Potential
4.2
ShiokNest Score
4.3

Overview & Key Facts

EUPHONY GARDENS is a 99 yrs lease commencing from 1998 condominium at JALAN MATA AYER in District 27 (OCR), developed by NORTHSPRING DEVELOPMENT PTE LTD (CENTREPOINT PROPERTIES PTE LTD), comprising 304 units, completed in 2002.

Developer
NORTHSPRING DEVELOPMENT PTE LTD (CENTREPOINT PROPERTIES PTE LTD)
Tenure
99 yrs lease commencing from 1998
Total units
304
TOP year
2002
District
27 — OCR
Street
JALAN MATA AYER
Lease remaining
~71 years (of 99)

Location & Connectivity

EUPHONY GARDENS is approximately 1210m from Khatib MRT station, with 2 stations within 1.5 km.

MRT stations near EUPHONY GARDENS
StationLineDistance
KhatibNorth-South Line1.2 km
YishunNorth-South Line1.3 km

Schools & Education

13 schools within 2 km (2 within 1 km priority zone).

Schools near EUPHONY GARDENS
SchoolTypeDistance
Chung Cheng High School (Yishun)Secondary860m
Orchid Park Secondary SchoolSecondary870m
Qihua Primary SchoolPrimary1.2 km
Yishun Innova Junior CollegeJc1.4 km
Yishun Town Secondary SchoolSecondary1.4 km
Wellington Primary SchoolPrimary1.4 km
Ahmad Ibrahim Secondary SchoolSecondary1.4 km
XCL World AcademyInternational1.5 km

Unit Mix & Pricing

Unit mix for EUPHONY GARDENS
TypeSalesAvg PSFAvg Price
2 BR6$907 psf$753,833
3 BR41$876 psf$993,773
4 BR13$844 psf$1,387,752
5+ BR11$796 psf$1,743,182

Market Position

EUPHONY GARDENS has recorded 71 sales at an average price of $1,161,739.

EUPHONY GARDENS sits at the 9th percentile of District 27 condo PSF.
$930 psf
Avg PSF (12mo)
$1,161,739
Avg Price
3.6%
Gross Yield
71
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at EUPHONY GARDENS
TypeAvg RentAvg PriceGross Yield
2 BR$3,054/mo$753,8334.86%
3 BR$3,761/mo$993,7734.54%
4 BR$4,041/mo$1,387,7523.49%

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Price Appreciation

PSF trend for EUPHONY GARDENS
YearSalesAvg PSFYoY
202117$734 psf
202211$810 psf↑ 10.5%
202311$889 psf↑ 9.7%
202413$941 psf↑ 5.9%
202513$919 psf↓ 2.4%
20266$955 psf↑ 4.0%

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The latest reading marks the highest point in this series — EUPHONY GARDENS prices have climbed 30.2% since 2021.

Price Index Check

The ShiokNest Price Index for District 27 reads 134.7 as of June 2026 — up 2.7% 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 27 competitors
CondoTenureAvg PSFSales
NORTH GAIA99 yrs lease commencing from 2021$1,312 psf615
THE WATERGARDENS AT CANBERRA99 yrs lease commencing from 2020$1,493 psf525
PROVENCE RESIDENCE99 yrs lease commencing from 2020$1,183 psf414
CANBERRA CRESCENT RESIDENCES99 yrs lease commencing from 2024$1,990 psf339
THE VISIONAIRE99 yrs lease commencing from 2015$1,369 psf286

Lease Analysis

With 71 years remaining on its 99-year lease, EUPHONY GARDENS 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.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, yield-focused investors, first-time hdb upgraders and cpf-only buyers. Parking and arterial road access matter more here than walking-distance MRT.

empty nesters / downsizers should treat this as a shortlist candidate, not a default choice.

long-term hold (10+ yr) should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.

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


Verdict

EUPHONY GARDENS is a 99 yrs lease commencing from 1998 development in District 27 (OCR), with 304 units, offering a gross yield of 3.6%.

At ~$930 psf, it represents a competitive entry point in the OCR segment.

Explore the full EUPHONY GARDENS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Yishun — 4-room average $561,464 (350m away), an upgrader gap of about $600,000
  • Sembawang — 4-room average $616,333 (1.8 km away), an upgrader gap of about $550,000

FAQ

What is the average PSF for EUPHONY GARDENS?
The 12-month average is approximately $930 psf.
Is EUPHONY GARDENS freehold?
EUPHONY GARDENS has a 99 yrs lease commencing from 1998 tenure with ~71 years remaining.
What is the rental yield for EUPHONY GARDENS?
The estimated gross yield is 3.6%.
Which MRT is nearest to EUPHONY GARDENS?
The nearest is Khatib MRT at 1.2 km.

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: 71 transactions
  • Rental data: 106 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 · 71 records analysed · Source: URA private-sale caveats

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