Overview & Key Facts
PHILLIPS RESIDENCE is a 999 yrs lease commencing from 1886 condominium at PHILLIPS AVENUE in District 19 (OCR), developed by AGROW DEVELOPMENT PTE LTD, comprising 6 units, completed in 2008.
Location & Connectivity
PHILLIPS RESIDENCE is approximately 960m from Kovan MRT station.
| Station | Line | Distance |
|---|---|---|
| Kovan | North-East Line | 960m |
Schools & Education
21 schools within 2 km (10 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Yangzheng Primary School | Primary | 220m |
| Xinmin Secondary School | Secondary | 450m |
| Xinmin Primary School | Primary | 550m |
| Rosyth School | Primary | 590m |
| Xinghua Primary School | Primary | 620m |
| Serangoon Secondary School | Secondary | 720m |
| Cedar Primary School | Primary | 900m |
| Holy Innocents' High School | Secondary | 930m |
Market Position
PHILLIPS RESIDENCE has recorded 1 sales at an average price of $3,300,000.
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 81 years remaining on its 99-year lease, PHILLIPS RESIDENCE still qualifies for full bank financing and CPF usage.
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.
- The 6-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
This is a strong match for families with young children, p1 school balloting families, pet owners and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
car-owning households, long-term hold (10+ yr) and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.
yield-focused investors should probably look elsewhere. 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 access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
PHILLIPS RESIDENCE is a 999 yrs lease commencing from 1886 development in District 19 (OCR), with 6 units, offering a gross yield of 2.6%.
At ~$713 psf, it represents a competitive entry point in the OCR segment.
Explore the full PHILLIPS RESIDENCE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PHILLIPS RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:
- Serangoon — 4-room average $685,706 (480m away), an upgrader gap of about $2,600,000
- Hougang — 4-room average $630,510 (720m away), an upgrader gap of about $2,650,000
- Ang Mo Kio — 4-room average $724,816 (2 km away), an upgrader gap of about $2,600,000
FAQ
What is the average PSF for PHILLIPS RESIDENCE?
Is PHILLIPS RESIDENCE freehold?
What is the rental yield for PHILLIPS RESIDENCE?
Which MRT is nearest to PHILLIPS RESIDENCE?
Sources & Next Steps
- PHILLIPS RESIDENCE 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: 1 transactions
- Rental data: 7 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2025 · 1 records analysed · Source: URA private-sale caveats