Cherry Gardens
Cherry Gardens is a 99-year apartment in District 19 (Serangoon) that obtained TOP in 2004, with 48 units across 2 blocks. Across 97 transactions on record, units have recently transacted around S$1.25M (S$911 psf, ~1,141 sqft). There are 3 units for sale from S$2.24M to S$2.32M. The lease has approximately 69 years remaining.
What are the key facts about Cherry Gardens?
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
What is the price and PSF at Cherry Gardens?
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$2,683
41 rentals on record
Gross rental yield
2.6%
indicative, gross
Units currently for sale are asking a median of S$1,100 psf — about 21% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2025.
What has recently sold at Cherry Gardens?
Cherry Gardens has 97 recorded sales; the most recent transacted at S$1,750,000 in Aug 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2025 | S$1,750,000 | 2,239 | S$782 psf |
| Aug 2025 | S$1,880,000 | 2,164 | S$869 psf |
| Jun 2024 | S$1,425,000 | 1,098 | S$1,298 psf |
| May 2023 | S$1,815,000 | 2,228 | S$815 psf |
| Oct 2022 | S$1,350,000 | 1,184 | S$1,140 psf |
| Aug 2022 | S$1,250,000 | 1,076 | S$1,161 psf |
| Jun 2022 | S$850,000 | 872 | S$975 psf |
| Dec 2021 | S$1,060,000 | 1,076 | S$985 psf |
| Jul 2021 | S$1,060,000 | 1,066 | S$995 psf |
| Nov 2020 | S$1,040,000 | 1,141 | S$911 psf |
| Aug 2020 | S$1,366,000 | 2,164 | S$631 psf |
| Mar 2020 | S$1,135,000 | 2,153 | S$527 psf |
97 sales and 41 rentals on record since Aug 2004. Source: URA.
Are prices at Cherry Gardens rising?
The median transacted PSF at Cherry Gardens has risen 22% over the past 16 years (2009–2025), from S$641 psf to S$782 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$782 psf | S$1.75M | 2 | -31.4% |
| 2022 | S$1,140 psf | S$1.25M | 3 | +15.7% |
| 2021 | S$985 psf | S$1.06M | 2 | +56.1% |
| 2020 | S$631 psf | S$1.14M | 3 | +1.4% |
| 2017 | S$622 psf | S$1.30M | 3 | -31.0% |
| 2016 | S$901 psf | S$880k | 2 | -3.9% |
| 2015 | S$938 psf | S$1.00M | 3 | +34.2% |
| 2012 | S$699 psf | S$1.06M | 4 | -6.0% |
| 2010 | S$744 psf | S$803k | 4 | +16.1% |
| 2009 | S$641 psf | S$690k | 5 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Cherry Gardens?
11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Cherry Gardens sits — in the last 12 months, across all property types.
Active agents · 12mo
11,111
District 19 · closed ≥1 deal
Deals on record
72,282
all-time · all property types
Source: CEA public transaction records, attributed to District 19across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Cherry Gardens?
Cherry Gardens has 3 units listed for sale, spanning 3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 3-bedroom | 3 | S$2.24M–S$2.32M | S$1,100 psf |
Where is Cherry Gardens and what's nearby?
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.
Who built Cherry Gardens and how big is the development?
Cherry Gardens was developed by ONG LYE DEVELOPMENT PTE LTD, with 48 units.
- Developer
- ONG LYE DEVELOPMENT PTE LTD
- Blocks
- 2
- Land area
- 3,982 sqm (42,862 sqft)
- Gross floor area
- 5,573 sqm (59,987 sqft)
- Plot ratio
- 1.40
How far is Cherry Gardens from MRT and schools?
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
- Serangoon MRT658 m · ~10 min
- Bartley MRT811 m · ~13 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Cherry Gardens have?
Cherry Gardens has 7 facilities, including Barbeque Area, Basement car park, Fitness corner, Function room, and more.
What does it cost to own a unit at Cherry Gardens?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Cherry Gardens? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Cherry Gardens's own transactions.
PropKakiRecent units at Cherry Gardens sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Cherry Gardens
How much does a unit at Cherry Gardens cost?⌄
Units at Cherry Gardens have recently transacted around S$1.25M (S$911 psf), from 97 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Cherry Gardens?⌄
For a unit around S$1.25M as a first home, you'd need roughly S$9,150/mo in income (assessed at the stress-test rate), with repayments near S$4,210/mo after a S$313k (25%) downpayment and S$34,600 Buyer's Stamp Duty.
Is Cherry Gardens a good investment?⌄
Gross rental yield is about 2.6%, and current asking prices sit about 21% above the most recent transacted PSF; median PSF has risen about 22% since 2009. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Cherry Gardens going up?⌄
The median transacted PSF at Cherry Gardens has risen about 22% between 2009 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Cherry Gardens freehold or leasehold?⌄
Cherry Gardens is 99-year, with approximately 69 years remaining on the lease.
When was Cherry Gardens built and who developed it?⌄
Cherry Gardens obtained TOP in 2004, developed by ONG LYE DEVELOPMENT PTE LTD, with 48 units across 2 blocks.
How many units are for sale at Cherry Gardens?⌄
There are 3 units for sale at Cherry Gardens, from S$2.24M to S$2.32M.
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.