Overview & Key Facts
EVERGREEN PARK is a 99 yrs lease commencing from 1995 condominium at HOUGANG AVENUE 7 in District 19 (OCR), developed by EVERGREEN PARK PTE LTD, comprising 394 units, completed in 1999.
Location & Connectivity
EVERGREEN PARK is approximately 830m from Hougang MRT station.
| Station | Line | Distance |
|---|---|---|
| Hougang | North-East Line | 830m |
Schools & Education
5 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Hougang Primary School | Primary | 1.4 km |
| Hougang Secondary School | Secondary | 1.5 km |
| Holy Innocents' Primary School | Primary | 1.6 km |
| St. Gabriel's Primary School | Primary | 1.7 km |
| Holy Innocents' High School | Secondary | 1.7 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 75 | $936 psf | $1,038,888 |
| 4 BR | 8 | $850 psf | $1,161,411 |
Market Position
EVERGREEN PARK has recorded 83 sales at an average price of $1,050,697.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at EVERGREEN PARK typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 3 BR | $3,388/mo | $1,038,888 | 3.91% |
| 4 BR | $4,800/mo | $1,161,411 | 4.96% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 25 | $800 psf | — |
| 2022 | 24 | $872 psf | ↑ 9.1% |
| 2023 | 9 | $982 psf | ↑ 12.5% |
| 2024 | 12 | $1,059 psf | ↑ 7.9% |
| 2025 | 11 | $1,111 psf | ↑ 4.9% |
| 2026 | 2 | $1,156 psf | ↑ 4.0% |
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The latest reading marks the highest point in this series — EVERGREEN PARK prices have climbed 44.5% 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 68 years remaining on its 99-year lease, EVERGREEN PARK still qualifies for full bank financing and CPF usage.
What Could Work Against You
- The remaining lease of roughly 68 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
- With just 9 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
The profile fits families with young children, car-owning households, first-time hdb upgraders and cpf-only buyers best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For yield-focused investors, it can work — but weigh the trade-offs before committing.
It is a weaker fit for young couples (no kids) and long-term hold (10+ yr) — other options likely serve them better. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
Verdict
EVERGREEN PARK is a 99 yrs lease commencing from 1995 development in District 19 (OCR), with 394 units, offering a gross yield of 3.9%.
At ~$1,118 psf, it represents a competitive entry point in the OCR segment.
Explore the full EVERGREEN PARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing EVERGREEN PARK against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for EVERGREEN PARK?
Is EVERGREEN PARK freehold?
What is the rental yield for EVERGREEN PARK?
Which MRT is nearest to EVERGREEN PARK?
Sources & Next Steps
- EVERGREEN 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: 83 transactions
- Rental data: 166 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Feb 2026 · 83 records analysed · Source: URA private-sale caveats