GERALD RESIDENCE Review

Condo Review 4 min read Last reviewed
District 28 · 999 yrs lease commencing from 1879 · Completed 2001
~$2,362Avg PSF (12-month)
Total units
Category Ratings
Walkability
6.0
Investment
3.3
En-Bloc Potential
3.0
ShiokNest Score
2.9

Overview & Key Facts

GERALD RESIDENCE is a 999 yrs lease commencing from 1879 condominium at GERALD TERRACE in District 28 (OCR), developed by , completed in 2001.

Developer
Tenure
999 yrs lease commencing from 1879
Total units
TOP year
2001
District
28 — OCR
Street
GERALD TERRACE
Lease remaining
~74 years (of 99)

Location & Connectivity

GERALD RESIDENCE is approximately 470m from Fernvale MRT station, with 5 stations within 1.5 km.

MRT stations near GERALD RESIDENCE
StationLineDistance
FernvaleSengkang LRT470m
LayarSengkang LRT630m
TongkangSengkang LRT1.1 km
ThanggamSengkang LRT1.1 km
KupangSengkang LRT1.3 km

Schools & Education

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

Schools near GERALD RESIDENCE
SchoolTypeDistance
North Vista Primary SchoolPrimary530m
North Vista Secondary SchoolSecondary530m
Fernvale Primary SchoolPrimary590m
Chongfu SchoolPrimary870m
Presbyterian High SchoolSecondary1.4 km
Nan Chiau Primary SchoolPrimary1.6 km
Anchor Green Primary SchoolPrimary1.7 km
Townsville Primary SchoolPrimary1.7 km

Unit Mix & Pricing

Unit mix for GERALD RESIDENCE
TypeSalesAvg PSFAvg Price
4 BR2$2,169 psf$3,555,000
5+ BR1$1,077 psf$4,000,000

Market Position

GERALD RESIDENCE has recorded 3 sales at an average price of $3,703,333.

GERALD RESIDENCE sits at the 84th percentile of District 28 condo PSF.
$2,362 psf
Avg PSF (12mo)
$3,703,333
Avg Price
2.2%
Gross Yield
3
Total Sales

Price Appreciation

PSF trend for GERALD RESIDENCE
YearSalesAvg PSFYoY
20212$1,526 psf
20251$2,362 psf↑ 54.8%

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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 74 years remaining on its 99-year lease, GERALD RESIDENCE 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.

Who This Actually Suits

This is a strong match for families with young children, nature / park-fronting, long-term hold (10+ yr) and first-time hdb upgraders. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

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


Verdict

GERALD RESIDENCE is a 999 yrs lease commencing from 1879 development in District 28 (OCR), offering a gross yield of 2.2%.

At ~$2,362 psf, it represents a competitive entry point in the OCR segment.

Explore the full GERALD RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Sengkang — 4-room average $658,294 (130m away), an upgrader gap of about $3,050,000
  • Hougang — 4-room average $630,510 (500m away), an upgrader gap of about $3,050,000
  • Serangoon — 4-room average $685,706 (1.4 km away), an upgrader gap of about $3,000,000

FAQ

What is the average PSF for GERALD RESIDENCE?
The 12-month average is approximately $2,362 psf.
Is GERALD RESIDENCE freehold?
GERALD RESIDENCE has a 999 yrs lease commencing from 1879 tenure with ~74 years remaining.
What is the rental yield for GERALD RESIDENCE?
The estimated gross yield is 2.2%.
Which MRT is nearest to GERALD RESIDENCE?
The nearest is Fernvale MRT at 470m.

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: 3 transactions
  • Rental data: 4 leases
  • Source: URA REALIS

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

Data as of April 2025

Latest recorded data point: Apr 2025 · 3 records analysed · Source: URA private-sale caveats

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