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Presto@Upper Serangoon

Upper Serangoon Road · District 19 · Outside Central Region (OCR) · Freehold

Presto@Upper Serangoon is an apartment development in District 19 (OCR). Based on 17 URA-recorded transactions from 20212025, its median price is $720,000, with prices moving about 4.8%/yr.

The verdict · for an investor

Presto@Upper Serangoon · Apartment · District 19 · Freehold

On balance, Presto@Upper Serangoon points up.

Strong track record, sitting inside Punggol Digital District — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 8 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 +20.7% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

no rent record yet

Priced vs nearby

Above 4 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.

~$1,595/sqft
6 sold here

What 420 sqft (1-bed) units go for here

$0.63Mmiddle ~$0.67M$0.71M

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 420 sqft sales

Dec 2025420 sqft · fl 01-05$0.73M$1,738 psf
Jun 2025420 sqft · fl 01-05$0.72M$1,726 psf
Oct 2024420 sqft · fl 01-05$0.67M$1,595 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
3.6% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~85% of the mortgage — you’d top up ~$350/mo from your pocket.
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

$0.67M

Aim at the middle or below. A patient buyer has been getting closer to $0.65M.

If you’re selling

~$0.70M

List at the top of fair; realistic close is $0.67M–$0.68M 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$1.07M
Paper gain+$0.40M

Our blunt read: ~$401k 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 (~4.8%/yr), and past pace never promises the future.

Built from URA transactions for Presto@Upper Serangoon — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Presto@Upper Serangoon

Outside Central Region (OCR) · District 19 · ~$1,727 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 Presto@Upper Serangoon, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,727 psf, Presto@Upper Serangoon is priced about level with similar new projects nearby — no bargain, but you're not overpaying versus its peers. Its own prices are still climbing (~4.8%/yr over ~4 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 (Presto@Upper Serangoon)

Supports prices

Presto@Upper Serangoon's own prices are still climbing — about +12% in the latest year of sales.

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? ~$1,727 psf is ~6% below similar nearby projects (~$1,832). about right

(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.

Presto@Upper Serangoon has grown ~4.8%/yr over ~4 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%
Presto@Upper 4.8%
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
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~4.8%/yr, ~$2,083/sqft by year 4 — already past your target.
Likely hits it:about year 4 at its own ~4.8%/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

$720,000

2021–2025 (URA)

Appreciation

4.8%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Presto@Upper Serangoon median price per sqft, by year

2021$1,242 psf
2022$1,477 psf+18.9%
2024$1,541 psf+4.3%
2025$1,727 psf+12.1%

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

Does Presto@Upper Serangoon 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 Presto@Upper Serangoon

Questions people ask about Presto@Upper Serangoon

Is Presto@Upper Serangoon freehold or leasehold?

Presto@Upper Serangoon is a freehold development in District 19 (Outside Central Region (OCR)). Freehold means there is no lease running down.

How much does Presto@Upper Serangoon cost per square foot?

Recent transactions at Presto@Upper Serangoon are around $1,727 psf. Across its record, transacted prices range from $600,000 to $1,220,000.

Which primary schools are near Presto@Upper Serangoon?

Within 1 km (top Primary 1 priority): Yangzheng Primary School (0.50 km), Maris Stella High School (0.84 km). Within 1–2 km: St. Gabriel's Primary School, Cedar Primary School, Chij Our Lady Of Good Counsel. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Presto@Upper Serangoon?

The nearest MRT is Serangoon MRT, about 540 m away (straight-line).

Has Presto@Upper Serangoon gone up in value?

Across 17 URA-recorded transactions (2021–2025), prices at Presto@Upper Serangoon have moved about 4.8% a year on average. That is a past record, not a forecast.

What condos are comparable to Presto@Upper Serangoon?

Within a short walk: The Quinn, E Maison, Sunglade, Jade Residences, Park Colonial. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Presto@Upper Serangoon a good buy?

Presto@Upper Serangoon 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.

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