Overview & Key Facts
FORTUNE PARK is a freehold condominium at TAMPINES ROAD in District 19 (OCR), developed by FORTUNE REALTY PTE LTD, comprising 68 units, completed in 1996.
Location & Connectivity
FORTUNE PARK is approximately 660m from Kovan MRT station, with 2 stations within 1.5 km.
Schools & Education
16 schools within 2 km (8 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Hougang Primary School | Primary | 150m |
| Hougang Secondary School | Secondary | 180m |
| St. Gabriel's Primary School | Primary | 410m |
| Holy Innocents' Primary School | Primary | 540m |
| Holy Innocents' High School | Secondary | 600m |
| Montfort Secondary School | Secondary | 720m |
| Montfort Junior School | Primary | 810m |
| Xinmin Primary School | Primary | 970m |
Market Position
FORTUNE PARK has recorded 15 sales at an average price of $1,440,926.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2022 | 6 | $1,210 psf | — |
| 2023 | 1 | $1,220 psf | ↑ 0.9% |
| 2024 | 5 | $1,219 psf | ↓ 0.1% |
| 2025 | 3 | $1,393 psf | ↑ 14.3% |
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FORTUNE PARK prices sit at a fresh series high after a 14.3% gain on the prior period, now 15.2% above the 2022 starting level.
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 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 68 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, car-owning households, yield-focused investors and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.
Verdict
FORTUNE PARK is a freehold development in District 19 (OCR), with 68 units, offering a gross yield of 2.9%.
At ~$1,393 psf, it represents a competitive entry point in the OCR segment.
Explore the full FORTUNE PARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FORTUNE PARK against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for FORTUNE PARK?
Is FORTUNE PARK freehold?
What is the rental yield for FORTUNE PARK?
Which MRT is nearest to FORTUNE PARK?
Sources & Next Steps
- FORTUNE 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: 15 transactions
- Rental data: 75 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2025 · 15 records analysed · Source: URA private-sale caveats