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$1.53M to S$2.15M. The lease has approximately 69 years remaining.
| Tenure | 99-year leasehold from 1996 (≈69 years left) |
|---|---|
| TOP year | 2004 |
| Developer | ONG LYE DEVELOPMENT PTE LTD |
| Units | 48 in 2 blocks |
| District and area | District 19 · Serangoon · OCR |
| Nearest MRT | Serangoon MRT, 658 m (~10 min walk) |
| Latest median psf | S$911 psf, last 12 URA caveats to Aug 2025 |
What's for sale and for rent at Cherry Gardens?
Cherry Gardens has 3 units listed for sale, asking S$1.53M to S$2.15M, and 3 units for rent at a median of S$1,300 a month.
For sale
3 listings
S$1.53M – S$2.15M
For rent
3 listings
S$1,100 – S$1,300 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 3-bedroom | 3 | S$1.53M–S$2.15M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Cherry Gardens?
Floor plans for Cherry Gardens aren't in PropKaki's library yet. Across 97 URA caveats, units range from 872 sqft to 2,239 sqft, and the middle half are 1,055 sqft to 2,110 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 3-bedroom | 1,076 sqft to 2,110 sqft | S$1.53M |
Check the Floor Plan Finder for Cherry Gardens →
Unit sizes from URA caveats. Listed sizes from current property listings.
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
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.
Is Cherry Gardens a good investment?
Of 49 units at Cherry Gardens that were bought and later resold (bought from 2004, resold up to 2025), 92% sold for more than they were bought for, with a median gain of 37% over a median 5.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
92%
of 49 resales here
Median gain
37%
gross, before costs
Median hold
5.0 years
bought to resold
Every unit at Cherry Gardens with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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
How many property agents are active around Cherry Gardens?
11,112 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
11,112
District 19 · closed ≥1 deal
Deals on record
72,395
all-time · all property types
Source: CEA public transaction records, attributed to District 19 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is Cherry Gardens freehold?⌄
No. Cherry Gardens is on a 99-year lease that started in 1996, with about 69 years left.
How old is Cherry Gardens?⌄
Cherry Gardens was completed (obtained TOP) in 2004, so it is about 22 years old.
Is Cherry Gardens a good investment?⌄
Of 49 units at Cherry Gardens that were bought and later resold (bought from 2004, resold up to 2025), 92% sold for more than they were bought for, with a median gain of 37% over a median 5.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.
Is Cherry Gardens an EC?⌄
No. Cherry Gardens is a private apartment development, not an executive condominium (EC).
Who is the developer of Cherry Gardens?⌄
Cherry Gardens was developed by ONG LYE DEVELOPMENT PTE LTD.
What is the price of a condo at Cherry Gardens?⌄
Units at Cherry Gardens have recently sold for around S$1.25M (S$911 psf), the median of the last 12 URA caveats to Aug 2025. The price depends on size, floor and facing. 3 units are listed for sale from S$1.53M to S$2.15M.
Where is Cherry Gardens located?⌄
Cherry Gardens is at 63 Lorong Lew Lian, Singapore 536491, in Serangoon (District 19). The nearest MRT station is Serangoon MRT, about 658 m away.
How many units are there in Cherry Gardens?⌄
Cherry Gardens has 48 units in 2 blocks.
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.
Are prices at Cherry Gardens going up?⌄
The median price per square foot at Cherry Gardens has risen about 22% between 2009 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.