32 Mei Hwan Drive

Semi-Detached House · in Serangoon, District 20, Singapore · Freehold · Completed 1980

Data through 1 July 2026

Intro: 32 Mei Hwan Drive is a semi-detached house located along Mei Hwan Drive within District 20 with a freehold tenure. It was completed in 1980. So far it has been transacted a total of 2 times, amounting to $7.8M+ in total.

D20OCRNorth EastSerangoon

32 Mei Hwan Drive project details

Street

Mei Hwan Drive

Property Type

Semi-Detached

Completion

1980

Total Units

-1

Unit Size

3,601 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 32 Mei Hwan Drive

Lorong Chuan290 m MRTCC14

See details on nearby stations

Primary schools near 32 Mei Hwan Drive

St. Gabriel'S Primary School454 m
Chij Our Lady Of Good Counsel579 m
Kuo Chuan Presbyterian Primary School832 m

See details on nearby schools

32 Mei Hwan Drive price, PSF and transaction trends

HDB Buyers

$7.8M+

Total Transacted

23-05-1996

First Transacted

09-12-2024

Last Transacted

Total Transactions

32 Mei Hwan Drive transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 32 Mei Hwan Drive, the median price was S$3,919,000 and the median PSF was S$1,088 psf. The newest record shown is from 9 December 2024. The annual project median was 158.1% higher in 2024 than in 1996; unit mix can affect year-to-year comparisons.

Recent 32 Mei Hwan Drive transactions

Date	Sale type	Price	PSF	Size
9 December 2024	Resale	S$5,650,000	S$1,569 psf	3,601 sqft
23 May 1996	Resale	S$2,188,000	S$608 psf	3,601 sqft

32 Mei Hwan Drive median transaction PSF (S$)

32 Mei Hwan Drive annual price trend

Year	Median price	Median PSF	Recorded sales
2024	S$5,650,000	S$1,569 psf	1
1996	S$2,188,000	S$608 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

28.5 yrs

Avg Holding

$3.5M

Total Profits

32 Mei Hwan Drive annualized profit %

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32 Mei Hwan Drive rental prices and estimated yield

Past 1 month

$3.29

Avg PSF Rental

No. of Rentals

Among the latest 12 recorded rental contracts for 32 Mei Hwan Drive, the median monthly rent was S$5,725, with records ranging from S$3,150 to S$18,500.

Recent 32 Mei Hwan Drive rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	—	S$7,400	S$3 psf	2000-2500
1 July 2026	—	S$5,600	S$2 psf	2000-2500
1 July 2026	—	S$5,850	S$3 psf	1500-2000
1 July 2026	—	S$6,000	S$3 psf	1500-2000
1 July 2026	—	S$7,500	S$4 psf	1500-2000

32 Mei Hwan Drive rental volume

View full details

Frequently asked questions about 32 Mei Hwan Drive

How much do units at 32 Mei Hwan Drive cost?

The latest 2 recorded sales show a median price of S$3,919,000 and a median of S$1,088 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 32 Mei Hwan Drive?

The latest recorded median monthly rent is S$5,725. Rental yield is indicative and can vary by unit and costs.

Is 32 Mei Hwan Drive freehold or leasehold?

32 Mei Hwan Drive has a tenure of Freehold.

When was 32 Mei Hwan Drive completed?

32 Mei Hwan Drive was completed in 1980.

Which MRT or LRT station is nearest to 32 Mei Hwan Drive?

Lorong Chuan is the nearest station shown, at an estimated straight-line distance of 290 metres.

Which primary schools are near 32 Mei Hwan Drive?

The primary schools shown within the page’s one-kilometre search are St. Gabriel'S Primary School (454 m), Chij Our Lady Of Good Counsel (579 m), and Kuo Chuan Presbyterian Primary School (832 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 July 2026. Figures are indicative and do not constitute financial advice.