GrowKaki.

D'Zire

Robey Crescent · District 19 · Outside Central Region (OCR) · 999 yrs lease commencing from 1875

D'Zire is an apartment development in District 19 (OCR). Based on 12 URA-recorded transactions from 20212026, its median price is $841,944, with prices moving about 3.1%/yr.

The verdict · for an investor

D'Zire · Apartment · District 19 · Leasehold

D'Zire is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 15 min on foot; 5 supermarkets, 2 food & retail spots nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 1-bed +12.8% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Punggol Digital District — a government-committed long-term catalyst.

What's holding it back

  • MRT is a real walk — Kovan MRT, about 15 min.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

no rent record yet

Priced vs nearby

Above 1 of 8

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,364/sqft
3 sold here

What 431 sqft (1-bed) units go for here

$0.55Mmiddle ~$0.59M$0.62M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 431 sqft sales

Aug 2022431 sqft · fl 01-05$0.59M$1,364 psf
Oct 2021431 sqft · fl 01-05$0.60M$1,392 psf
Sep 2021431 sqft · fl 01-05$0.57M$1,334 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$4.78 psf/mo). Change it if you know better.

The rent you’d get

/mo
4.2% gross yield
Stronggenuinely rentable, and rare at this price. At a typical 75% loan, the rent fully covers the mortgage — it pays for itself.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$0.59M

Aim at the middle or below. A patient buyer has been getting closer to $0.57M.

If you’re selling

~$0.61M

List at the top of fair; realistic close is $0.59M–$0.59M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$0.80M
Paper gain+$0.21M

Our blunt read: ~$210k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~3.1%/yr), and past pace never promises the future.

Built from URA transactions for D'Zire — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

D'Zire

Outside Central Region (OCR) · District 19 · ~$1,472 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For D'Zire, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is roughly even.

!

What it means for you: At ~$1,472 psf, D'Zire is priced below similar new projects nearby — good value against its peers. Its own prices are only creeping up (~3.1%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (D'Zire)

Holds prices back

D'Zire's own prices have softened — about -4% in the latest year.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,972 units, from 2027).

2.0k units
New launches selling

Supports prices

New launches in this district are selling well — 4 recent ones are around 96% sold, so buyer demand here is healthy right now.

96% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,472 psf is ~20% below similar nearby projects (~$1,832). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

D'Zire has grown ~3.1%/yr over ~5 years. Similar nearby: Chuan Park 1.9%, The Florence Residences 1.5%, Riverfront Residences 4.2%, Affinity At Serangoon 1%, Kingsford Waterbay 1.9% — a 14.2%/yr spread (most around 1.9%).

market ~4.6%
D'Zire 3.1%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Later — around year 5
Sell earliest (yr 4):at its own ~3.1%/yr, ~$1,663/sqft by year 4 — still short of $1,700.
Likely hits it:about year 5 at its own ~3.1%/yr pace.
Best case:if it ran like its best neighbour (Riverfront Residences, ~4.2%/yr), about year 4.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$841,944

2021–2026 (URA)

Appreciation

3.1%/yr

median trend

Gross yield

rental n/a

Lease

~848 yrs left

leasehold

D'Zire median price per sqft, by year

2021$1,275 psf
2022$1,354 psf+6.2%
2024$1,399 psf+3.3%
2025$1,539 psf+10%
2026$1,472 psf-4.4%

Median PSF of actual URA transactions each year, with year-on-year change.

Does D'Zire fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at D'Zire

Questions people ask about D'Zire

Is D'Zire freehold or leasehold?

D'Zire is on a 99-year lease that began in 1875, so about 848 years remain. It sits in District 19 (Outside Central Region (OCR)).

How much does D'Zire cost per square foot?

Recent transactions at D'Zire are around $1,472 psf. Across its record, transacted prices range from $575,000 to $1,680,000.

Which primary schools are near D'Zire?

Within 1 km (top Primary 1 priority): Xinmin Primary School (0.39 km), Rosyth School (0.96 km). Within 1–2 km: Hougang Primary School, Montfort Junior School, Yio Chu Kang Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest D'Zire?

The nearest MRT is Kovan MRT, about 970 m away (straight-line).

Has D'Zire gone up in value?

Across 12 URA-recorded transactions (2021–2026), prices at D'Zire have moved about 3.1% a year on average. That is a past record, not a forecast.

What condos are comparable to D'Zire?

Within a short walk: The Florence Residences, Terrasse, Kovan Regency, Hundred Palms Residences, Regentville. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is D'Zire a good buy?

D'Zire sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

Other condos in District 19

Browse all Singapore condos →