District 19 · Hougang · OCR
Isuites @ Palm
Glasgow Road · Apartment · 999 yrs lease commencing from 1878
Current PSF
$1,342
-13.3% vs district median
Gross yield
4.7%
median rent $2,700/mo
3-year gain
-6.2%
Transactions · 5y
23
2 in last 12 months
Nearest MRT
Kovan Mrt Station · 707.738m
NEL
Future MRT
Serangoon North Mrt Station
CRL · 2030
Vs local HDB
+121% premium
HDB median $608 psf
Area income
$8,500/mo median
residential zone
En-bloc potential62 / 100
148 years old · composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
9%
PSF dispersion within project
The neighbourhood
P1 ring
Nps International School (Primary Campus) 466m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Peicai Secondary School · 988m
Food
Hougang Street 21 Blk 209 (Kovan Hougang Market And Food Centre) · 838m
Green
Parry Ave Interim Pk · 374m - 8 parks within 1km
Mall
Icb Shopping Centre · 718m
Health
Serangoon Polyclinic (polyclinic) · 1.2km
Who lives in Hougang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
227,560
Median age
43 yrs
46% under 40 · getting older
Children 0–9
18,560
▲ 1% since 2015 · future P1 demand
Household size
3.3 avg
Homes
75% HDB
13% condo · 10% landed
Degree holders
29%
residents 15+
Commute
59% transit
21% drive
45 min+ to work
30%
Price trend average PSF by year
2021
$1,231
2022
$1,364
+10.8%
2023
$1,431
+4.9%
2024
$1,419
-0.8%
2025
$1,561
+10%
2026
$1,342
-14%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $2,400/mo | $5.33 | 4.8% | 36 |
| 2BR | $2,900/mo | $4.46 | 4.0% | 39 |
| 3BR | $3,200/mo | $2.78 | 2.5% | 7 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| May 2026 | $890,000 | 635 | $1,401 | 01-05 |
| Jan 2026 | $1,560,000 | 1,216 | $1,283 | 01-05 |
| Jul 2025 | $660,000 | 431 | $1,533 | 01-05 |
| May 2025 | $735,000 | 463 | $1,588 | 01-05 |
| Sept 2024 | $680,000 | 431 | $1,579 | 01-05 |
| Apr 2024 | $1,230,000 | 850 | $1,446 | 01-05 |
| Apr 2024 | $906,000 | 635 | $1,427 | 01-05 |
| Mar 2024 | $1,450,000 | 1,184 | $1,225 | 01-05 |
| Dec 2023 | $1,500,000 | 1,184 | $1,267 | 01-05 |
| Oct 2023 | $860,000 | 635 | $1,354 | 01-05 |
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More in District 19
The HDB blocks next door
The entry point, measured: what the resale flats around Isuites @ Palm actually sell for - this project trades at 2.0× the nearest block’s PSF.