THE COURTYARD Review

Condo Review 4 min read Last reviewed
District 19 · Freehold · Completed 1995
Avg PSF (12-month)
27Total units
Category Ratings
Walkability
7.0
Investment
4.4
En-Bloc Potential
5.6
ShiokNest Score
3.8

Overview & Key Facts

THE COURTYARD is a freehold condominium at LIM AH PIN ROAD in District 19 (OCR), developed by DUIT PROPERTY PTE LTD, comprising 27 units, completed in 1995.

Developer
DUIT PROPERTY PTE LTD
Tenure
Freehold
Total units
27
TOP year
1995
District
19 — OCR
Street
LIM AH PIN ROAD

Location & Connectivity

THE COURTYARD is approximately 420m from Kovan MRT station, with 2 stations within 1.5 km.

MRT stations near THE COURTYARD
StationLineDistance
KovanNorth-East Line420m
HougangNorth-East Line1.1 km

Schools & Education

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

Schools near THE COURTYARD
SchoolTypeDistance
Holy Innocents' Primary SchoolPrimary40m
Holy Innocents' High SchoolSecondary130m
St. Gabriel's Primary SchoolPrimary300m
Hougang Primary SchoolPrimary360m
Hougang Secondary SchoolSecondary380m
Xinmin Primary SchoolPrimary490m
Xinmin Secondary SchoolSecondary630m
Montfort Secondary SchoolSecondary690m

Market Position

THE COURTYARD has recorded 5 sales at an average price of $1,538,600.

THE COURTYARD sits at the 39th percentile of District 19 condo PSF.
Avg PSF (12mo)
$1,538,600
Avg Price
3.1%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for THE COURTYARD
YearSalesAvg PSFYoY
20212$1,132 psf
20221$1,263 psf↑ 11.6%
20242$1,453 psf↑ 15.0%

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THE COURTYARD prices sit at a fresh series high after a 15.0% gain on the prior period, now 28.4% above the 2021 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

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

  • 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 27 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
  • Completed in 1995, the development is over 31 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

Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

car-owning households and first-time hdb upgraders should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for short-term flippers (<5 yr) and resort facilities — other options likely serve them better. TOP 1995 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.


Verdict

THE COURTYARD is a freehold development in District 19 (OCR), with 27 units, offering a gross yield of 3.1%.

Explore the full THE COURTYARD dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Hougang — 4-room average $630,510 (270m away), an upgrader gap of about $900,000
  • Serangoon — 4-room average $685,706 (1.3 km away), an upgrader gap of about $850,000

FAQ

What is the average PSF for THE COURTYARD?
PSF data is not yet available.
Is THE COURTYARD freehold?
Yes, THE COURTYARD is a freehold property.
What is the rental yield for THE COURTYARD?
The estimated gross yield is 3.1%.
Which MRT is nearest to THE COURTYARD?
The nearest is Kovan MRT at 420m.

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: 21 leases
  • Source: URA REALIS

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

Data as of September 2024

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

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