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23A Gerald Drive

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

Data through 1 November 2024

Intro: 23A 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 4 times, amounting to $7.9M+ in total.

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

23A Gerald Drive project details

Street
Gerald Drive
Property Type
Terrace
Completion
2007
Total Units
-1
Unit Size
3,724 sqft
Tenure
999 yrs from 01/01/1879
Lease Remaining
852 yrs
Postal Sector
79

MRT and LRT stations near 23A Gerald Drive

  • Fernvale726 m · LRTSW5
  • Layar791 m · LRTSW6
See details on nearby stations

Primary schools near 23A Gerald Drive

  • Fernvale Primary School618 m
  • Sengkang Green Primary School874 m
  • Hougang Primary School922 m
See details on nearby schools

23A Gerald Drive price, PSF and transaction trends

25%
HDB Buyers
$7.9M+
Total Transacted
04-02-2005
First Transacted
21-05-2024
Last Transacted
4
Total Transactions

23A Gerald Drive transaction volume

23A Gerald Drive transaction volume000112005 · New Sale: 120052007 · Sub Sale: 120072020 · Resale: 120202024 · Resale: 12024
New SaleSub SaleResale

Among the latest 4 recorded sales for 23A Gerald Drive, the median price was S$1,764,000 and the median PSF was S$474 psf. The newest record shown is from 21 May 2024. The annual project median was 183.8% higher in 2024 than in 2005; unit mix can affect year-to-year comparisons.

Recent 23A Gerald Drive transactions

DateSale typePricePSFSize
21 May 2024ResaleS$3,268,000S$877 psf3,724 sqft
9 July 2020ResaleS$2,168,000S$582 psf3,724 sqft
11 June 2007Sub SaleS$1,360,000S$365 psf3,724 sqft
4 February 2005New SaleS$1,150,000S$309 psf3,724 sqft

23A Gerald Drive median transaction PSF (S$)

23A Gerald Drive median transaction PSF (S$)02505007501.0K2005 · Median PSF: 30920052007 · Median PSF: 36520072020 · Median PSF: 58220202024 · Median PSF: 8772024

23A Gerald Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2024S$3,268,000S$877 psf1
2020S$2,168,000S$582 psf1
2007S$1,360,000S$365 psf1
2005S$1,150,000S$309 psf1
100.0%
% Profitable
3
Profitable
0
Unprofitable
2
> 6% Annualized
6.4 yrs
Avg Holding
$2.1M
Total Profits

23A Gerald Drive annualized profit %

23A Gerald Drive annualized profit %0.0%5.0%10.0%15.0%2007 · Average Annualized Profit: 7.4%20072020 · Average Annualized Profit: 3.6%20202024 · Average Annualized Profit: 11.2%2024
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23A Gerald Drive rental prices and estimated yield

Past 1 month
0
No. of Rentals

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

Recent 23A 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

23A Gerald Drive rental volume

23A 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 23A Gerald Drive

How much do units at 23A Gerald Drive cost?

The latest 4 recorded sales show a median price of S$1,764,000 and a median of S$474 psf. Actual prices vary by floor, size, facing, condition and sale date.

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

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

Is 23A Gerald Drive freehold or leasehold?

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

When was 23A Gerald Drive completed?

23A Gerald Drive was completed in 2007.

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

Fernvale is the nearest station shown, at an estimated straight-line distance of 726 metres.

Which primary schools are near 23A Gerald Drive?

The primary schools shown within the page’s one-kilometre search are Fernvale Primary School (618 m), Sengkang Green Primary School (874 m), and Hougang Primary School (922 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 · 26 m away · Latest sale 18 February 202526 mAWAY2F Gerald Crescent (Gerald Crescent)2F Gerald Crescent (Gerald Crescent)District 28Landed · 51 m away · Latest sale 13 June 202551 mAWAY3 Mugliston Gardens (Mugliston Gardens)3 Mugliston Gardens (Mugliston Gardens)District 28Landed · 68 m away · Latest sale 13 August 202668 mAWAY11 Mugliston Gardens (Mugliston Gardens)11 Mugliston Gardens (Mugliston Gardens)District 28Landed · 94 m away · Latest sale 18 July 202594 mAWAY2 Mugliston Gardens (Mugliston Gardens)2 Mugliston Gardens (Mugliston Gardens)District 28Landed · 99 m away · Latest sale 6 March 202699 mAWAY34 Mugliston Park (Mugliston Hill)34 Mugliston Park (Mugliston Hill)District 28Landed · 135 m away · Latest sale 6 May 2025135 mAWAY36 Mugliston Park (Mugliston Hill)36 Mugliston Park (Mugliston Hill)District 28Landed · 140 m away · Latest sale 7 August 2026140 mAWAY8B Gerald Crescent (Green Springs)8B Gerald Crescent (Green Springs)District 28Landed · 166 m away · Latest sale 15 December 2025166 mAWAY12C Gerald Crescent (Green Springs)12C Gerald Crescent (Green Springs)District 28Landed · 189 m away · Latest sale 28 August 2025189 mAWAY20 Seletar Hills Drive (Seletar Hills Estate)20 Seletar Hills Drive (Seletar Hills Estate)District 28Landed · 203 m away · Latest sale 6 August 2025203 mAWAY73 Gerald Drive #01-20 (Summer Villas)73 Gerald Drive #01-20 (Summer Villas)District 28Landed · 204 m away · Latest sale 20 February 2025204 mAWAY
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