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23 Gerald Drive

Terrace House · in Hougang, District 28, Singapore · 999 yrs from 01/01/1879 · Completed 2007

Data through 1 November 2024

Intro: 23 Gerald Drive is a terrace house located along Gerald Drive within District 28 with a 999-year lease commencing on 1 January 1879. It was completed in 2007. So far it has been transacted a total of 2 times, amounting to $3.0M+ in total.

D28OCRNorth EastHougang
On this pageProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs

23 Gerald Drive project details

Street
Gerald Drive
Property Type
Terrace
Completion
2007
Total Units
-1
Unit Size
3,638 sqft
Tenure
999 yrs from 01/01/1879
Lease Remaining
852 yrs
Postal Sector
79

MRT and LRT stations near 23 Gerald Drive

  • Fernvale721 m · LRTSW5
  • Layar786 m · LRTSW6
See details on nearby stations

Primary schools near 23 Gerald Drive

  • Fernvale Primary School615 m
  • Sengkang Green Primary School869 m
  • Hougang Primary School926 m
See details on nearby schools

23 Gerald Drive price, PSF and transaction trends

100%
HDB Buyers
$3.0M+
Total Transacted
22-03-2005
First Transacted
20-04-2017
Last Transacted
2
Total Transactions

23 Gerald Drive transaction volume

23 Gerald Drive transaction volume000112005 · New Sale: 120052017 · Resale: 12017
New SaleSub SaleResale

Among the latest 2 recorded sales for 23 Gerald Drive, the median price was S$1,514,400 and the median PSF was S$416 psf. The newest record shown is from 20 April 2017. The annual project median was 46.4% higher in 2017 than in 2005; unit mix can affect year-to-year comparisons.

Recent 23 Gerald Drive transactions

DateSale typePricePSFSize
20 April 2017ResaleS$1,800,000S$495 psf3,638 sqft
22 March 2005New SaleS$1,228,800S$338 psf3,638 sqft

23 Gerald Drive median transaction PSF (S$)

23 Gerald Drive median transaction PSF (S$)01503004506002005 · Median PSF: 33820052017 · Median PSF: 4952017

23 Gerald Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2017S$1,800,000S$495 psf1
2005S$1,228,800S$338 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
0
> 6% Annualized
12.1 yrs
Avg Holding
$571,200
Total Profits

23 Gerald Drive annualized profit %

23 Gerald Drive annualized profit %0.0%1.0%2.0%3.0%4.0%2017 · Average Annualized Profit: 3.2%2017
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23 Gerald Drive rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 12 recorded rental contracts for 23 Gerald Drive, the median monthly rent was S$5,550, with records ranging from S$4,200 to S$6,400.

Recent 23 Gerald Drive rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 November 2024—S$5,600S$2 psf2000-2500
1 September 2024—S$5,600S$2 psf2000-2500
1 May 2023—S$6,400S$3 psf2000-2500
1 July 2022—S$4,600S$1 psf4000-4500
1 May 2022—S$6,000S$2 psf3000-3500

23 Gerald Drive rental volume

23 Gerald Drive rental volume001222012 · Rentals: 220122015 · Rentals: 120152019 · Rentals: 120192020 · Rentals: 120202021 · Rentals: 120212022 · Rentals: 220222023 · Rentals: 120232024 · Rentals: 22024
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Frequently asked questions about 23 Gerald Drive

How much do units at 23 Gerald Drive cost?

The latest 2 recorded sales show a median price of S$1,514,400 and a median of S$416 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 23 Gerald Drive?

The latest recorded median monthly rent is S$5,550. Rental yield is indicative and can vary by unit and costs.

Is 23 Gerald Drive freehold or leasehold?

23 Gerald Drive has a tenure of 999 yrs from 01/01/1879.

When was 23 Gerald Drive completed?

23 Gerald Drive was completed in 2007.

Which MRT or LRT station is nearest to 23 Gerald Drive?

Fernvale is the nearest station shown, at an estimated straight-line distance of 721 metres.

Which primary schools are near 23 Gerald Drive?

The primary schools shown within the page’s one-kilometre search are Fernvale Primary School (615 m), Sengkang Green Primary School (869 m), and Hougang Primary School (926 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 November 2024. Figures are indicative and do not constitute financial advice.

Nearby properties within 1km

39 Gerald Drive (The Gardens At Gerald)39 Gerald Drive (The Gardens At Gerald)District 28Landed · 22 m away · Latest sale 18 February 202522 mAWAY2F Gerald Crescent (Gerald Crescent)2F Gerald Crescent (Gerald Crescent)District 28Landed · 48 m away · Latest sale 13 June 202548 mAWAY3 Mugliston Gardens (Mugliston Gardens)3 Mugliston Gardens (Mugliston Gardens)District 28Landed · 73 m away · Latest sale 13 August 202673 mAWAY11 Mugliston Gardens (Mugliston Gardens)11 Mugliston Gardens (Mugliston Gardens)District 28Landed · 98 m away · Latest sale 18 July 202598 mAWAY2 Mugliston Gardens (Mugliston Gardens)2 Mugliston Gardens (Mugliston Gardens)District 28Landed · 104 m away · Latest sale 6 March 2026104 mAWAY34 Mugliston Park (Mugliston Hill)34 Mugliston Park (Mugliston Hill)District 28Landed · 134 m away · Latest sale 6 May 2025134 mAWAY36 Mugliston Park (Mugliston Hill)36 Mugliston Park (Mugliston Hill)District 28Landed · 139 m away · Latest sale 7 August 2026139 mAWAY8B Gerald Crescent (Green Springs)8B Gerald Crescent (Green Springs)District 28Landed · 161 m away · Latest sale 15 December 2025161 mAWAY12C Gerald Crescent (Green Springs)12C Gerald Crescent (Green Springs)District 28Landed · 186 m away · Latest sale 28 August 2025186 mAWAY73 Gerald Drive #01-20 (Summer Villas)73 Gerald Drive #01-20 (Summer Villas)District 28Landed · 198 m away · Latest sale 20 February 2025198 mAWAY20 Seletar Hills Drive (Seletar Hills Estate)20 Seletar Hills Drive (Seletar Hills Estate)District 28Landed · 208 m away · Latest sale 6 August 2025208 mAWAY
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