NANYANG PARK Review

Condo Review 4 min read Last reviewed
District 19 · 999 yrs lease commencing from 1881
~$1,881Avg PSF (12-month)
Total units
Category Ratings
Walkability
5.1
Investment
4.5
En-Bloc Potential
1.7
ShiokNest Score
2.6

Overview & Key Facts

NANYANG PARK is a 999 yrs lease commencing from 1881 condominium at CHUAN HOE AVENUE in District 19 (OCR), developed by .

Developer
Tenure
999 yrs lease commencing from 1881
Total units
TOP year
District
19 — OCR
Street
CHUAN HOE AVENUE

Location & Connectivity

NANYANG PARK is approximately 1210m from Kovan MRT station.

MRT stations near NANYANG PARK
StationLineDistance
KovanNorth-East Line1.2 km

Schools & Education

21 schools within 2 km (8 within 1 km priority zone).

Schools near NANYANG PARK
SchoolTypeDistance
Yangzheng Primary SchoolPrimary70m
Xinghua Primary SchoolPrimary390m
Rosyth SchoolPrimary610m
Serangoon Secondary SchoolSecondary640m
Xinmin Secondary SchoolSecondary710m
Xinmin Primary SchoolPrimary800m
Serangoon Garden Secondary SchoolSecondary880m
Cedar Primary SchoolPrimary950m

Unit Mix & Pricing

Unit mix for NANYANG PARK
TypeSalesAvg PSFAvg Price
4 BR1$922 psf$1,400,000
5+ BR17$1,505 psf$4,194,015

Market Position

NANYANG PARK has recorded 18 sales at an average price of $4,038,792.

NANYANG PARK sits at the 63rd percentile of District 19 condo PSF.
$1,881 psf
Avg PSF (12mo)
$4,038,792
Avg Price
1.6%
Gross Yield
18
Total Sales

Price Appreciation

PSF trend for NANYANG PARK
YearSalesAvg PSFYoY
20216$1,205 psf
20224$1,442 psf↑ 19.7%
20232$1,473 psf↑ 2.1%
20244$1,701 psf↑ 15.5%
20252$1,881 psf↑ 10.6%

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The latest reading marks the highest point in this series — NANYANG PARK prices have climbed 56.1% 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

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

This is a strong match for car-owning households, long-term hold (10+ yr) and freehold / generational hold. Suits households with a car who value parking access alongside MRT proximity.

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

It is a weaker fit for yield-focused investors, foreign / absd-aware buyers and resort facilities — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT is ~1206m away — over a 15-minute walk. Daily transit-only commuters should consider better-connected alternatives.


Verdict

NANYANG PARK is a 999 yrs lease commencing from 1881 development in District 19 (OCR), offering a gross yield of 1.6%.

At ~$1,881 psf, it represents a competitive entry point in the OCR segment.

Explore the full NANYANG PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Serangoon — 4-room average $685,706 (320m away), an upgrader gap of about $3,350,000
  • Hougang — 4-room average $630,510 (740m away), an upgrader gap of about $3,400,000
  • Ang Mo Kio — 4-room average $724,816 (1.7 km away), an upgrader gap of about $3,300,000

FAQ

What is the average PSF for NANYANG PARK?
The 12-month average is approximately $1,881 psf.
Is NANYANG PARK freehold?
NANYANG PARK has a 999 yrs lease commencing from 1881 tenure.
What is the rental yield for NANYANG PARK?
The estimated gross yield is 1.6%.
Which MRT is nearest to NANYANG PARK?
The nearest is Kovan 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: 18 transactions
  • Rental data: 40 leases
  • Source: URA REALIS

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

Data as of June 2025

Latest recorded data point: Jun 2025 · 18 records analysed · Source: URA private-sale caveats

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