Cherry Gardens rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 61 Lorong Lew Lian Cherry Gardens Singapore 536491
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Apartment, Non-Landed Properties 23 transactions 99-year leasehold from 1996 Latest records Jun 2026
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Project read
Quick summary about Cherry Gardens
Cherry Gardens is a 99-year leasehold apartment in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 14 rentals and 9 sales.
- Typical rent is $4,400 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,350,000, with median sale PSF at $985 psf and total recorded sale value of $12.4M.
- Rent is down 4.3% over the last 3 months. Sale PSF is down 27.6% over the last 3 months.
Cherry Gardens Market Position
How this project compares with the wider D19 market before you read the detailed tables.
Rent vs D19 +25.7%
Rents above district median
Cherry Gardens's median rent is $4,400 compared with the D19 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D19 -34.4%
Sale PSF below district median
Cherry Gardens's median sale PSF is $985 psf versus the D19 median of $1,502 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.91%
Rent support above district screen
Gross yield is roughly 3.91% versus a D19 screen of 2.81%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 55.6% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +14.3%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 1996 matters most on sale price. Compare Cherry Gardens against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Cherry Gardens Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $4,400
Is the asking rent fair?
$4,200 to $4,600 is the first fair-rent band to check. Above $4,600 should have a visible reason.
Median sale PSF $985 psf
Is the purchase price fair?
$1,310,000 to $1,390,000 and $960 to $1,010 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,400
Are similar units renting for more?
3 bed and 1,000 to 1,100 sqft give the closest unit-size checks.
Rent stability 55.6% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +14.3%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Cherry Gardens numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $4,400/mo Test gross and net yield against typical rent. Buy vs rent $1.4M Compare ownership cost against renting. Mortgage $1.4M Estimate monthly payment from the sale price. Stamp duty $985 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Cherry Gardens Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 1996
Property type Apartment, Non-Landed Properties
Sales 9 resale transactions
Total sold value $12.4M
Cherry Gardens Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 14 Jun 2021 to May 2026
Sale transactions 9 Jul 2021 to Aug 2025
Rent trend -4.3% Last 3 months
Sale PSF trend -27.6% Last 3 months
Cherry Gardens Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
SERANGOON MRT STATION (NE12) 0.57 km away
SERANGOON MRT STATION (CC13) 0.67 km away
BARTLEY MRT STATION (CC12) 0.85 km away
Schools nearby
SAINT GABRIEL'S SECONDARY SCHOOL 0.49 km away
PAYA LEBAR METHODIST GIRLS' SCHOOL (PRIMARY) 0.7 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.72 km away
PAYA LEBAR METHODIST GIRLS' SCHOOL (SECONDARY) 0.72 km away
Amenities
HOUGANG GREEN SHOPPING MALL Mall / retail · 3.4 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 2.36 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 0.91 km away
WOODLEIGH VILLAGE HAWKER CENTRE Food centre · 1.36 km away
Cherry Gardens Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,500 14 rentals in view
Latest median sale PSF $826 psf 9 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 1 $4,500 0 - -
Dec 2025 1 $5,100 0 - -
Aug 2025 0 - 2 $826 psf $1,815,000
Jun 2024 0 - 1 $1,298 psf $1,425,000
May 2024 1 $4,500 0 - -
Dec 2023 2 $4,550 0 - -
Oct 2023 1 $4,700 0 - -
Jun 2023 1 $4,800 0 - -
May 2023 0 - 1 $815 psf $1,815,000
Oct 2022 1 $5,200 1 $1,140 psf $1,350,000
Sept 2022 1 $4,300 0 - -
Aug 2022 0 - 1 $1,161 psf $1,250,000
Projects Similar to Cherry Gardens
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1997 The Rivervale 4.0 km away 317 transactions
- Median rent
- $4,000
- Median sale PSF
- $1,028 psf
- Median rent
- $3,900
- Median sale PSF
- $1,006 psf
- Median rent
- $4,000
- Median sale PSF
- $1,059 psf
- Median rent
- $3,950
- Median sale PSF
- $1,002 psf
- Median rent
- $3,600
- Median sale PSF
- $1,032 psf
- Median rent
- $3,575
- Median sale PSF
- $967 psf
Cherry Gardens Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
3 bed $4,400 $4,104 14
Cherry Gardens Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
1,000 to 1,100 sqft $4,250 $3,920 10
1,100 to 1,200 sqft $4,300 $4,300 1
2,200 to 2,300 sqft $5,100 $4,650 3
Cherry Gardens Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,350,000 $985 psf 9
Cherry Gardens Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Cherry Gardens shows a typical monthly rent of $4,400 across 14 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $4,400
Rentals 14
Rent signal Thin
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Cherry Gardens point to a typical sale price of $1,350,000 and $985 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,350,000
Median PSF $985 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 1996 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Cherry Gardens has 9 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $12.4M
Latest record May 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D19 to compare Cherry Gardens against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Cherry Gardens FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Cherry Gardens?
Cherry Gardens has a median monthly rent of $4,400 across 14 rentals.
What is the typical sale price at Cherry Gardens?
The median sale price for Cherry Gardens is $1,350,000, based on 9 sales on this page.
What is the median sale PSF at Cherry Gardens?
The median sale price per square foot for Cherry Gardens is $985 psf. The average sale PSF is $1,002 psf.
Is Cherry Gardens freehold or leasehold?
Cherry Gardens is listed as 99-year leasehold from 1996. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Cherry Gardens located?
Cherry Gardens is located at 61 Lorong Lew Lian Cherry Gardens Singapore 536491 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Cherry Gardens transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.