THE TOP RESIDENCE Review

Condo Review 4 min read Last reviewed
District 19 · 999 yrs lease commencing from 1884
~$1,191Avg PSF (12-month)
13Total units
Category Ratings
Walkability
6.0
En-Bloc Potential
3.4
ShiokNest Score
2.4

Overview & Key Facts

THE TOP RESIDENCE is a 999 yrs lease commencing from 1884 condominium at SIMON PLACE in District 19 (OCR), developed by TOP GLOBAL PROPERTIES PTE LTD, comprising 13 units.

Developer
TOP GLOBAL PROPERTIES PTE LTD
Tenure
999 yrs lease commencing from 1884
Total units
13
TOP year
District
19 — OCR
Street
SIMON PLACE

Location & Connectivity

THE TOP RESIDENCE is approximately 680m from Kovan MRT station, with 2 stations within 1.5 km.

MRT stations near THE TOP RESIDENCE
StationLineDistance
KovanNorth-East Line680m
HougangNorth-East Line1.2 km

Schools & Education

20 schools within 2 km (11 within 1 km priority zone).

Schools near THE TOP RESIDENCE
SchoolTypeDistance
Xinmin Primary SchoolPrimary330m
Holy Innocents' High SchoolSecondary430m
Holy Innocents' Primary SchoolPrimary440m
Xinmin Secondary SchoolSecondary470m
Rosyth SchoolPrimary660m
St. Gabriel's Primary SchoolPrimary710m
Hougang Primary SchoolPrimary830m
Yangzheng Primary SchoolPrimary840m

Market Position

THE TOP RESIDENCE has recorded 4 sales at an average price of $3,084,722.

THE TOP RESIDENCE sits at the 14th percentile of District 19 condo PSF.
$1,191 psf
Avg PSF (12mo)
$3,084,722
Avg Price
2.5%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for THE TOP RESIDENCE
YearSalesAvg PSFYoY
20222$872 psf
20262$1,191 psf↑ 36.7%

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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 2 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 13 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 car-owning households, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). At ~682m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.


Verdict

THE TOP RESIDENCE is a 999 yrs lease commencing from 1884 development in District 19 (OCR), with 13 units, offering a gross yield of 2.5%.

At ~$1,191 psf, it represents a competitive entry point in the OCR segment.

Explore the full THE TOP RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Hougang — 4-room average $630,510 (340m away), an upgrader gap of about $2,450,000
  • Serangoon — 4-room average $685,706 (880m away), an upgrader gap of about $2,400,000
  • Sengkang — 4-room average $658,294 (1.9 km away), an upgrader gap of about $2,450,000

FAQ

What is the average PSF for THE TOP RESIDENCE?
The 12-month average is approximately $1,191 psf.
Is THE TOP RESIDENCE freehold?
THE TOP RESIDENCE has a 999 yrs lease commencing from 1884 tenure.
What is the rental yield for THE TOP RESIDENCE?
The estimated gross yield is 2.5%.
Which MRT is nearest to THE TOP RESIDENCE?
The nearest is Kovan MRT at 680m.

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: 4 transactions
  • Rental data: 2 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 · 4 records analysed · Source: URA private-sale caveats

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