THE SUNSHINE Review

Condo Review 5 min read Last reviewed
District 19 · Freehold · Completed 2003
~$1,699Avg PSF (12-month)
45Total units
Category Ratings
Walkability
7.0
Investment
4.2
En-Bloc Potential
4.7
ShiokNest Score
3.5

Overview & Key Facts

THE SUNSHINE is a freehold condominium at SUNSHINE TERRACE in District 19 (OCR), developed by , comprising 45 units, completed in 2003.

Developer
Tenure
Freehold
Total units
45
TOP year
2003
District
19 — OCR
Street
SUNSHINE TERRACE

Location & Connectivity

THE SUNSHINE is approximately 390m from Serangoon MRT station, with 5 stations within 1.5 km.

MRT stations near THE SUNSHINE
StationLineDistance
SerangoonNorth-East Line390m
SerangoonCircle Line390m
WoodleighNorth-East Line820m
BartleyCircle Line990m
Lorong ChuanCircle Line1.1 km

Schools & Education

13 schools within 2 km (1 within 1 km priority zone).

Schools near THE SUNSHINE
SchoolTypeDistance
Bartley Secondary SchoolSecondary770m
Cedar Girls' Secondary SchoolSecondary1.1 km
Cedar Primary SchoolPrimary1.1 km
Red Swastika SchoolPrimary1.4 km
Serangoon Secondary SchoolSecondary1.4 km
Zhonghua Secondary SchoolSecondary1.5 km
Zhonghua Primary SchoolPrimary1.5 km
Stamford Primary SchoolPrimary1.6 km

Unit Mix & Pricing

Unit mix for THE SUNSHINE
TypeSalesAvg PSFAvg Price
3 BR9$1,361 psf$1,686,111
5+ BR1$1,121 psf$2,280,000

Market Position

THE SUNSHINE has recorded 10 sales at an average price of $1,745,500.

THE SUNSHINE sits at the 45th percentile of District 19 condo PSF.
$1,699 psf
Avg PSF (12mo)
$1,745,500
Avg Price
2.8%
Gross Yield
10
Total Sales

Price Appreciation

PSF trend for THE SUNSHINE
YearSalesAvg PSFYoY
20213$1,163 psf
20222$1,256 psf↑ 8.1%
20233$1,324 psf↑ 5.4%
20251$1,589 psf↑ 20.0%
20261$1,810 psf↑ 13.9%

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THE SUNSHINE prices sit at a fresh series high after a 13.9% gain on the prior period, now 55.6% 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 1 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 45 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for families with young children, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold. Editorial fit: 'Families in Cedar Girls' / Bartley school catchment'. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

en-bloc speculators and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.

short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2003 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

THE SUNSHINE is a freehold development in District 19 (OCR), with 45 units, offering a gross yield of 2.8%.

At ~$1,699 psf, it represents a competitive entry point in the OCR segment.

Explore the full THE SUNSHINE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Serangoon — 4-room average $685,706 (60m away), an upgrader gap of about $1,050,000
  • Hougang — 4-room average $630,510 (280m away), an upgrader gap of about $1,100,000
  • Toa Payoh — 4-room average $929,793 (380m away), an upgrader gap of about $800,000

FAQ

What is the average PSF for THE SUNSHINE?
The 12-month average is approximately $1,699 psf.
Is THE SUNSHINE freehold?
Yes, THE SUNSHINE is a freehold property.
What is the rental yield for THE SUNSHINE?
The estimated gross yield is 2.8%.
Which MRT is nearest to THE SUNSHINE?
The nearest is Serangoon MRT at 390m.

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: 10 transactions
  • Rental data: 53 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 10 records analysed · Source: URA private-sale caveats

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