Fortune Park
Located in District 19 (Punggol, Hougang, Serangoon Gardens), Fortune Park is a freehold condominium in the Outside Central Region (OCR). Completed in 1996, the development comprises 68 units. Sale and rental figures on this page are compiled from URA transaction records.
FORTUNE PARK
Over the 12 months to Mar 2025, Fortune Park recorded 12 rental contracts at a median $4,200/mo. Source: URA caveat data, as of Mar 2025.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Mar-25 | $1,310,000 | $1,337 psf | 980 sqft | 06 to 10 | 3BR |
| Feb-25 | $1,780,000 | $1,503 psf | 1,184 sqft | 01 to 05 | 3BR |
| Jan-25 | $1,700,888 | $1,339 psf | 1,270 sqft | 06 to 10 | 3BR |
| Jul-24 | $1,600,000 | $1,281 psf | 1,249 sqft | 06 to 10 | 3BR |
| Jun-24 | $1,560,000 | $1,208 psf | 1,292 sqft | 06 to 10 | 3BR |
| May-24 | $1,600,000 | $1,260 psf | 1,270 sqft | 06 to 10 | 3BR |
| Feb-24 | $1,100,000 | $1,123 psf | 980 sqft | 06 to 10 | 3BR |
| Jan-24 | $1,450,000 | $1,225 psf | 1,184 sqft | 06 to 10 | 3BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.