99-yearOCRDistrict 19 (Hougang)

Heron Bay

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

Heron Bay is a 99-year executive condominium in District 19 (Hougang) that obtained TOP in 2015, with 394 units across 7 blocks. Across 626 transactions on record, units have recently transacted around S$1.54M (S$1,405 psf, ~1,259 sqft). There are 62 units for sale from S$1.38M to S$3.33M. The lease has approximately 85 years remaining.

1

What are the key facts about Heron Bay?

Key Takeaway

Heron Bay is a 99-year executive condominium in District 19 (Hougang) that obtained TOP in 2015, with 394 units across 7 blocks.

Tenure
99-year
TOP / Completion
2015
Developer
SERANGOON EC PTE LTD
Total units
394
Blocks
7
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,405 psf
Last transacted
Jun 2026
Remaining lease
≈ 85 years
2

What is the price and PSF at Heron Bay?

Key Takeaway

Units have recently transacted around S$1.54M (S$1,405 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$1.54M

recent · 626 sales on record

Median PSF

S$1,405 psf

recent transactions

Median rent (monthly)

S$3,163

116 rentals on record

Gross rental yield

2.5%

indicative, gross

Units currently for sale are asking a median of S$1,468 psf — about 4% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Heron Bay?

Key Takeaway

Heron Bay has 626 recorded sales; the most recent transacted at S$1,500,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,500,0001,023S$1,467 psf
May 2026S$1,415,0001,033S$1,369 psf
May 2026S$1,150,000775S$1,484 psf
Apr 2026S$1,450,0001,033S$1,403 psf
Apr 2026S$1,385,0001,033S$1,340 psf
Mar 2026S$1,696,0001,281S$1,324 psf
Feb 2026S$1,538,8881,259S$1,222 psf
Jan 2026S$1,838,0001,281S$1,435 psf
Dec 2025S$2,180,0001,507S$1,447 psf
Dec 2025S$1,850,0001,281S$1,444 psf
Nov 2025S$2,330,0001,496S$1,557 psf
Oct 2025S$1,800,0001,281S$1,405 psf

626 sales and 116 rentals on record since Oct 2012. Source: URA.

4

Are prices at Heron Bay rising?

Key Takeaway

The median transacted PSF at Heron Bay has risen 76% over the past 12 years (20142026), from S$778 psf to S$1,369 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,369 psfS$1.45M8+0.2%
2025S$1,366 psfS$1.60M32+4.8%
2024S$1,304 psfS$1.62M42+4.1%
2023S$1,253 psfS$1.52M22+16.3%
2022S$1,077 psfS$1.30M31+14.6%
2021S$940 psfS$1.21M82+0.3%
2020S$937 psfS$1.11M30+4.1%
2019S$900 psfS$920k2+6.8%
2018S$843 psfS$862k2+8.4%
2014S$778 psfS$927k6

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Heron Bay?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Heron Bay 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.

6

What bedroom types are available at Heron Bay?

Key Takeaway

Heron Bay has 62 units listed for sale, spanning 3–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom15S$1.38M–S$3.00MS$1,336 psf
4-bedroom44S$1.80M–S$3.33MS$1,468 psf
5-bedroom3S$3.00M–S$3.30M
7

Where is Heron Bay and what's nearby?

Key Takeaway

Heron Bay is located in Hougang, in the North-East Region of Singapore.

Heron Bay is a 99-year executive condominium completed in 2015. It was developed by SERANGOON EC PTE LTD. The development has 394 residential units. It sits on a land area of 12,399 sqm and has a gross floor area of 43,397 sqm. The plot ratio is 3.5.

HERON BAY is located at 63 Upper Serangoon View, Singapore 534014. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Kangkar LRT, approximately 865m away, around 14 minutes on foot. Nearby amenities include Hougang Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Punggol Pk for greenery and recreation.

8

Who built Heron Bay and how big is the development?

Key Takeaway

Heron Bay was developed by SERANGOON EC PTE LTD, designed by SURBANA INTERNATIONAL CONSULTANTS PTE LTD, with 394 units over up to 17 storeys.

Developer
SERANGOON EC PTE LTD
Architect
SURBANA INTERNATIONAL CONSULTANTS PTE LTD
Main contractor
WEE POH CONSTRUCTION CO (PTE) LTD
Floors
17 storeys
Blocks
7
Land area
12,399 sqm (133,462 sqft)
Gross floor area
43,397 sqm (467,121 sqft)
Plot ratio
3.50
9

How far is Heron Bay from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Heron Bay is Kangkar LRT, about 865 m away (~14 min walk). 5 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • Serangoon Secondary SchoolSecondary schoolwithin 1 km211 m
  • North Vista Secondary SchoolSecondary schoolwithin 1 km702 m
  • Chij Our Lady Of The NativityPrimary schoolwithin 1 km · P1 priority703 m
  • Holy Innocents' High SchoolSecondary schoolwithin 1 km917 m
  • Punggol Primary SchoolPrimary schoolwithin 1 km · P1 priority979 m
  • North Vista Primary SchoolPrimary school1.1 km
  • North Spring Primary SchoolPrimary school1.2 km
  • Seng Kang Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Hougang Mall · 1.1 kmSupermarket: NTUC Fairprice Co-operative Ltd · 145 mPark: Punggol Pk · 510 m

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

10

What does it cost to own a unit at Heron Bay?

Key Takeaway

Buying a unit at Heron Bay (~S$1.54M) needs about S$11,265/mo in income and S$5,183/mo in repayments, after S$46,544 stamp duty and a S$385k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.54M) 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$46,544

BSD, tiered

Downpayment (25%)

S$385k

cash + CPF

Monthly instalment

S$5,183/mo

30y @ 3.5%

Income required

S$11,265/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 →

Keep going in the PropKaki app

Thinking about Heron Bay? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Heron Bay's own transactions.

PropKaki
Is Heron Bay a good buy, and what are units selling for?

Recent units at Heron Bay sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Heron Bay

How much does a unit at Heron Bay cost?

Units at Heron Bay have recently transacted around S$1.54M (S$1,405 psf), from 626 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Heron Bay?

For a unit around S$1.54M as a first home, you'd need roughly S$11,265/mo in income (assessed at the stress-test rate), with repayments near S$5,183/mo after a S$385k (25%) downpayment and S$46,544 Buyer's Stamp Duty.

Is Heron Bay a good investment?

Gross rental yield is about 2.5%, and current asking prices sit about 4% above the most recent transacted PSF; median PSF has risen about 76% since 2014. 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 Heron Bay going up?

The median transacted PSF at Heron Bay has risen about 76% between 2014 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Heron Bay freehold or leasehold?

Heron Bay is 99-year, with approximately 85 years remaining on the lease.

When was Heron Bay built and who developed it?

Heron Bay obtained TOP in 2015, developed by SERANGOON EC PTE LTD, with 394 units across 7 blocks.

How many units are for sale at Heron Bay?

There are 62 units for sale at Heron Bay, from S$1.38M to S$3.33M.

What is the nearest MRT to Heron Bay?

The nearest MRT/LRT station to Heron Bay is Kangkar LRT, about 865 m away (~14 min walk).

Which primary schools are within 1 km of Heron Bay?

Chij Our Lady Of The Nativity, Punggol Primary School are within 1 km of Heron Bay — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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