District 19 · Hougang · OCR
Primo Residences
Jalan Pelikat · Apartment · Freehold
Current PSF
$1,354
-12.5% vs district median
Gross yield
3.8%
median rent $3,250/mo
3-year gain
-6.8%
Transactions · 5y
12
3 in last 12 months
Nearest MRT
Kovan Mrt Station · 621.035m
NEL
Future MRT
Defu Mrt Station
CRL · 2030
Vs local HDB
+123% premium
HDB median $608 psf
Area income
$8,500/mo median
residential zone
En-bloc potential37 / 100
· 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
12%
PSF dispersion within project
The neighbourhood
P1 ring
Xinghua Primary School 296m · Phase 2C 0.3× · Paya Lebar Methodist Girls' School (Primary) 748m · Phase 2C 1.2× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Yuying Secondary School · 225m
Food
Hougang Ave 1 Blk 105 (Hougang 105 Hainanese Village Centre) · 258m - 2 hawker centres within 1km
Green
Aroozoo Ave Pg · 312m - 5 parks within 1km
Mall
Heartland Mall-Kovan · 561m
Health
Hougang Polyclinic (polyclinic) · 1.6km
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%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,224
2022
$1,268
+3.6%
2023
$1,478
+16.6%
2024
$1,302
-11.9%
2025
$1,308
+0.5%
2026
$1,378
+5.4%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $2,600/mo | $5.78 | 5.1% | 39 |
| 2BR | $3,500/mo | $3.68 | 3.3% | 26 |
| 3BR | $4,000/mo | $2.76 | 2.4% | 7 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $1,730,000 | 1,421 | $1,218 | 01-05 |
| Jul 2026 | $1,258,000 | 818 | $1,538 | 01-05 |
| Oct 2025 | $1,408,000 | 1,076 | $1,308 | 01-05 |
| May 2024 | $1,839,000 | 1,539 | $1,195 | 01-05 |
| May 2024 | $1,370,000 | 1,076 | $1,273 | 01-05 |
| Feb 2024 | $1,300,000 | 904 | $1,438 | 01-05 |
| Jul 2023 | $875,000 | 592 | $1,478 | 01-05 |
| Nov 2022 | $2,000,000 | 1,722 | $1,161 | 01-05 |
| May 2022 | $690,000 | 538 | $1,282 | 01-05 |
| Apr 2022 | $600,000 | 441 | $1,360 | 01-05 |
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More in District 19
The HDB blocks next door
The entry point, measured: what the resale flats around Primo Residences actually sell for - this project trades at 2.1× the nearest block’s PSF.