PropKaki
99-yearOCRDistrict 19 (Serangoon)

Cherry Gardens

Reviewed by Nathan TangUpdated 20 June 2026Data through Aug 2025 (URA)
Quick Summary

Cherry Gardens is a 99-year apartment in District 19 (Serangoon) that obtained TOP in 2004, with 48 units across 2 blocks. Units have recently transacted around S$1.25M (S$911 psf), from 97 sales on record. There is 1 unit for sale from S$1.55M to S$1.55M. The lease has approximately 69 years remaining.

1

What are the key facts about Cherry Gardens?

Key Takeaway

Cherry Gardens is a 99-year apartment in District 19 (Serangoon) that obtained TOP in 2004, with 48 units across 2 blocks.

Tenure
99-year
TOP / Completion
2004
Developer
ONG LYE DEVELOPMENT PTE LTD
Total units
48
Blocks
2
District / Area
District 19 (Serangoon)
Market segment
OCR
Median PSF
S$911 psf
Last transacted
Aug 2025
Remaining lease
≈ 69 years
2

What is the price and PSF at Cherry Gardens?

Key Takeaway

Units have recently transacted around S$1.25M (S$911 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.25M

recent · 97 sales on record

Median PSF

S$911 psf

recent transactions

Median rent (monthly)

S$2,675

40 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through Aug 2025.

3

What has recently sold at Cherry Gardens?

Key Takeaway

Cherry Gardens has 97 recorded sales; the most recent transacted at S$1,750,000 in Aug 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2025S$1,750,0002,239S$782 psf
Aug 2025S$1,880,0002,164S$869 psf
Jun 2024S$1,425,0001,098S$1,298 psf
May 2023S$1,815,0002,228S$815 psf
Oct 2022S$1,350,0001,184S$1,140 psf
Aug 2022S$1,250,0001,076S$1,161 psf
Jun 2022S$850,000872S$975 psf
Dec 2021S$1,060,0001,076S$985 psf
Jul 2021S$1,060,0001,066S$995 psf
Nov 2020S$1,040,0001,141S$911 psf
Aug 2020S$1,366,0002,164S$631 psf
Mar 2020S$1,135,0002,153S$527 psf

97 sales and 40 rentals on record since Aug 2004. Source: URA.

4

What bedroom types are available at Cherry Gardens?

Key Takeaway

Cherry Gardens has 1 unit listed for sale, spanning 1-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$1.55M–S$1.55M
5

Where is Cherry Gardens and what's nearby?

Key Takeaway

Cherry Gardens is located in Serangoon, in the North-East Region of Singapore.

Cherry Gardens is a 99-year apartment completed in 2004. It was developed by ONG LYE DEVELOPMENT PTE LTD. The development has 48 residential units. It sits on a land area of 3,982 sqm and has a gross floor area of 5,573 sqm. The plot ratio is 1.4.

CHERRY GARDENS is located at 63 Lorong Lew Lian, Singapore 536491. It is part of District 19, Serangoon Garden / Hougang / Punggol, Serangoon. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Serangoon MRT, approximately 658m away, around 10 minutes on foot. Nearby amenities include NEX for shopping, PRIME SUPERMARKET (1996) PTE LTD for groceries, and Lorong Ong Lye Park for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Fitness corner, Function room, Playground, and 24 hours security.

6

How far is Cherry Gardens from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Cherry Gardens is Serangoon MRT, about 658 m away (~10 min walk). 4 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • St. Gabriel's Secondary SchoolSecondary schoolwithin 1 km446 m
  • Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority708 m
  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km740 m
  • Maris Stella High SchoolMixed-level schoolwithin 1 km919 m
  • Zhonghua Secondary SchoolSecondary school1.0 km
  • Yangzheng Primary SchoolPrimary school1.1 km
  • Bartley Secondary SchoolSecondary school1.2 km
  • Nanyang Junior CollegeJunior college1.3 km

Shops, food & parks

Mall: Nex · 712 mSupermarket: Prime Supermarket (1996) Pte Ltd · 270 mPark: Lorong Ong Lye Park · 207 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Cherry Gardens have?

Key Takeaway

Cherry Gardens has 7 facilities, including Barbeque Area, Basement car park, Fitness corner, Function room, and more.

Barbeque AreaBasement car parkFitness cornerFunction roomPlayground24 hours securitySwimming pool
8

What does it cost to own a unit at Cherry Gardens?

Key Takeaway

Buying a unit at Cherry Gardens (~S$1.25M) needs about S$9,150/mo in income and S$4,210/mo in repayments, after S$34,600 stamp duty and a S$313k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.25M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$34,600

BSD, tiered

Downpayment (25%)

S$313k

cash + CPF

Monthly instalment

S$4,210/mo

30y @ 3.5%

Income required

S$9,150/mo

TDSR @ stress rate

9

Frequently asked questions about Cherry Gardens

What is the price at Cherry Gardens?

Units at Cherry Gardens have recently transacted around S$1.25M (S$911 psf), from 97 sales on record (URA caveat data).

Is Cherry Gardens freehold or leasehold?

Cherry Gardens is 99-year, with approximately 69 years remaining on the lease.

When was Cherry Gardens built?

Cherry Gardens obtained TOP in 2004, developed by ONG LYE DEVELOPMENT PTE LTD.

How many units are for sale at Cherry Gardens?

There are 1 unit for sale at Cherry Gardens, from S$1.55M to S$1.55M.

What is the rental yield at Cherry Gardens?

Gross rental yield at Cherry Gardens is about 2.6%, based on median current rents and prices.

How many units are in Cherry Gardens?

Cherry Gardens has 48 units across 2 blocks.

What facilities does Cherry Gardens have?

Cherry Gardens has 7 facilities, including Barbeque Area, Basement car park, Fitness corner, Function room, Playground, 24 hours security, and more.

What is the nearest MRT to Cherry Gardens?

The nearest MRT/LRT station to Cherry Gardens is Serangoon MRT, about 658 m away (~10 min walk).

Which primary schools are within 1 km of Cherry Gardens?

Paya Lebar Methodist Girls' School (Primary) is within 1 km of Cherry Gardens — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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