Cherry Gardens
Cherry Gardens is a 99-year lease (69 yrs left) apartment development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 9 recorded private transactions. Latest sale: $1,880,000 (Aug 2025, 201 sqm, floors 01-05). Median $985/sqft. Prices down 16.1% over the period. 69 years lease remaining.
Where Cherry Gardens ranks in District 19
All 148 projects ›Median psf over time
Estimate a unit at Cherry Gardens
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.36% a year.
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Aug 2025 | 01-05 | Resale | 201 sqm | $1,880,000 | $869 |
| Aug 2025 | 01-05 | Resale | 208 sqm | $1,750,000 | $782 |
| Jun 2024 | 01-05 | Resale | 102 sqm | $1,425,000 | $1,298 |
| May 2023 | 01-05 | Resale | 207 sqm | $1,815,000 | $815 |
| Oct 2022 | 01-05 | Resale | 110 sqm | $1,350,000 | $1,140 |
| Aug 2022 | 01-05 | Resale | 100 sqm | $1,250,000 | $1,161 |
| Jun 2022 | 01-05 | Resale | 81 sqm | $850,000 | $975 |
| Dec 2021 | 01-05 | Resale | 100 sqm | $1,060,000 | $985 |
| Jul 2021 | 01-05 | Resale | 99 sqm | $1,060,000 | $995 |
About Cherry Gardens
Cherry Gardens is a 99-year leasehold development with its lease commencing in 1996 and about 69 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It has a thinner transaction history, with 9 recorded apartment transactions between 2021-07 and 2025-08, ranging from $850,000 to $1,880,000. The most recent transaction was a 201 sqm unit (floors 01-05) sold for $1,880,000 in 2025-08, and the median price is $985 per square foot. Prices here have softened by about 16.1% over the period. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 69 years remaining is 0.9069, an annual lease decay of about 0.36%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Cherry Gardens cost?
The most recent transaction at Cherry Gardens was $1,880,000 for a 201 sqm unit in 2025-08. The median price is $985 per square foot across 9 transactions, ranging from $850,000 to $1,880,000. Data sourced from URA.
Is Cherry Gardens freehold or leasehold?
Cherry Gardens is on a 99-year lease commencing in 1996, with approximately 69 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.36%.
What is the price per square foot (psf) at Cherry Gardens?
The median price at Cherry Gardens is $985 psf, with transactions ranging from $782 to $1,298 psf. This is based on 9 URA-recorded transactions in District 19.
Have prices at Cherry Gardens gone up or down?
Prices at Cherry Gardens have decreased by approximately 16.1% over the data period (around -4.2% a year). The median price is currently $985 psf, with the most recent sale at $1,880,000 in 2025-08.