GERALD GARDENS Review

Condo Review 5 min read Last reviewed
District 28 · 999 yrs lease commencing from 1879 · Completed 1990
Avg PSF (12-month)
Total units
Category Ratings
Walkability
4.5
Investment
3.9
En-Bloc Potential
3.9
ShiokNest Score
3.0

Overview & Key Facts

GERALD GARDENS is a 999 yrs lease commencing from 1879 condominium at GERALD CRESCENT in District 28 (OCR), developed by , completed in 1990.

Developer
Tenure
999 yrs lease commencing from 1879
Total units
TOP year
1990
District
28 — OCR
Street
GERALD CRESCENT
Lease remaining
~63 years (of 99)

Location & Connectivity

GERALD GARDENS is approximately 530m from Fernvale MRT station, with 5 stations within 1.5 km.

MRT stations near GERALD GARDENS
StationLineDistance
FernvaleSengkang LRT530m
LayarSengkang LRT720m
TongkangSengkang LRT1.1 km
ThanggamSengkang LRT1.2 km
KupangSengkang LRT1.4 km

Schools & Education

9 schools within 2 km (4 within 1 km priority zone).

Schools near GERALD GARDENS
SchoolTypeDistance
North Vista Primary SchoolPrimary610m
North Vista Secondary SchoolSecondary610m
Fernvale Primary SchoolPrimary670m
Chongfu SchoolPrimary970m
Presbyterian High SchoolSecondary1.3 km
Townsville Primary SchoolPrimary1.6 km
Nan Chiau Primary SchoolPrimary1.7 km
Anchor Green Primary SchoolPrimary1.8 km

Unit Mix & Pricing

Unit mix for GERALD GARDENS
TypeSalesAvg PSFAvg Price
4 BR2$1,733 psf$3,275,000
5+ BR3$1,175 psf$4,786,296

Market Position

GERALD GARDENS has recorded 5 sales at an average price of $4,181,778.

GERALD GARDENS sits at the 57th percentile of District 28 condo PSF.
Avg PSF (12mo)
$4,181,778
Avg Price
1.7%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for GERALD GARDENS
YearSalesAvg PSFYoY
20222$1,364 psf
20231$1,728 psf↑ 26.7%
20242$1,268 psf↓ 26.7%

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GERALD GARDENS prices have cooled 26.7% from the 2023 peak, yet remain 7.1% below where the series began in 2022.

Price Index Check

The ShiokNest Price Index for District 28 reads 163.6 as of June 2026 — down 1.7% 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 28 competitors
CondoTenureAvg PSFSales
PARC GREENWICH99 yrs lease commencing from 2020$1,234 psf496
HIGH PARK RESIDENCES99 yrs lease commencing from 2014$1,486 psf418
THE TOPIARY99 yrs lease commencing from 2012$1,224 psf403
PARC BOTANNIA99 yrs lease commencing from 2016$1,595 psf214
SELETAR HILLS ESTATE999 yrs lease commencing from 1879$1,507 psf203

Lease Analysis

With 63 years remaining on its 99-year lease, GERALD GARDENS still qualifies for full bank financing and CPF usage.

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.
  • Completed in 1990, the development is over 36 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.

Who This Actually Suits

The profile fits families with young children, car-owning households and freehold / generational hold best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For yield-focused investors and first-time hdb upgraders, it can work — but weigh the trade-offs before committing.

cbd walking distance and resort facilities should probably look elsewhere. Walking distance to the Marina Bay financial cluster lets you skip transit entirely.


Verdict

GERALD GARDENS is a 999 yrs lease commencing from 1879 development in District 28 (OCR), offering a gross yield of 1.7%.

Explore the full GERALD GARDENS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Sengkang — 4-room average $658,294 (160m away), an upgrader gap of about $3,500,000
  • Hougang — 4-room average $630,510 (510m away), an upgrader gap of about $3,550,000
  • Serangoon — 4-room average $685,706 (1.4 km away), an upgrader gap of about $3,500,000

FAQ

What is the average PSF for GERALD GARDENS?
PSF data is not yet available.
Is GERALD GARDENS freehold?
GERALD GARDENS has a 999 yrs lease commencing from 1879 tenure with ~63 years remaining.
What is the rental yield for GERALD GARDENS?
The estimated gross yield is 1.7%.
Which MRT is nearest to GERALD GARDENS?
The nearest is Fernvale MRT at 530m.

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: 5 transactions
  • Rental data: 7 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of November 2024

Latest recorded data point: Nov 2024 · 5 records analysed · Source: URA private-sale caveats

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