Upper Serangoon Shopping Centre

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,107 psf
Range
S$ 1,107 - 1,107 psf

Rental Price **

Average
S$ 3.4 psf pm
Range
S$ 3.5 - 3.5 psf pm

Rental Yield **

3.7%

Rental income expressed as a percentage of the property's value.

Amenities

3.5
3.5

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Upper Serangoon Shopping Centre is a freehold apartment completed in 1982. The development occupies a land area of 3,992 sqm and a Gross Floor Area of 11,176 sqm. It consists of 8 units. According to records, buyers of this development are Singaporean 100.0%, PR 0.0%, Foreigner 0.0%, Company 0.0%.

UPPER SERANGOON SHOPPING CENTRE is located along Upper Serangoon Road in Hougang, in District 19. It is accessible through the nearest MRTs including Serangoon CC13, NE12 and Kovan NE13.

Based on transaction data in the last 12 months, sale prices range from S$ 1,107 psf to S$ 1,107 psf at an average of S$ 1,107 psf. Its highest recorded transaction was S$ 1,107 psf in Nov 2021 for a 1,292-sqft unit. Its lowest recorded transaction was S$ 274 psf in May 2009 for a 1,528-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 3 Grocerie(s): PRIME SUPERMARKET (1996) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): Upper Serangoon Shopping Centre, ICB Shopping Centre, NEX.

Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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2
"Very old shopping centre - go there only to dine at fragrant Gardens."
P**** H T S***
Google Review     |   25 Jul 2022
3
"50+ old shopping center, secondary school time favourite hunt."
L*****
Google Review     |   01 Jun 2022
5
"Old but charming. Has a vegetarian restaurant, a wonderful florist on 4th floor, alteration shop on the 1st floor and tow gyms. What's not to love about this place )"
K** S*** L***
Google Review     |   08 May 2022
5
"Very good service. The business plan is very attractive. Product have many certification. 100% safe."
D** C****** C***
Google Review     |   27 Jan 2022
2
"Mall needs to be renovated"
T********** K*******
Google Review     |   24 Aug 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of UPPER SERANGOON SHOPPING CENTRE

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Source

Asking Price of UPPER SERANGOON SHOPPING CENTRE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of UPPER SERANGOON SHOPPING CENTRE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
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Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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