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The Gazania

How Sun Drive · District 19 · Outside Central Region (OCR) · Freehold

The Gazania is a condominium development in District 19 (OCR). Based on 221 URA-recorded transactions from 20212026, its median price is $1,603,000, with prices moving about 3.8%/yr and a gross rental yield near 3.7%.

The verdict · for an investor

The Gazania · Condominium · District 19 · Freehold

The Gazania 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 6 min on foot; 2 supermarkets, 3 food & retail spots nearby.
  • Rentable~3.7% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • 2-bed, 3-bed, 4-bed, 5-bed have risen since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • The 1-bed has lagged (−16.2%).
  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $1.54M, not an easy first step.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

3.7%

gross, on this project

Priced vs nearby

Priciest nearby

you pay for the fresh lease and the spot.

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.

~$2,444/sqft
29 sold here

What 441 sqft (1-bed) units go for here

$1.01Mmiddle ~$1.08M$1.14M

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 441 sqft sales

Oct 2025441 sqft · fl 01-05$0.98M$2,222 psf
Jul 2022441 sqft · fl 01-05$1.04M$2,351 psf
May 2022441 sqft · fl 01-05$1.08M$2,454 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $7.02 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
3.5% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~82% of the mortgage — you’d top up ~$650/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

$1.08M

Aim at the middle or below. A patient buyer has been getting closer to $1.04M.

If you’re selling

~$1.13M

List at the top of fair; realistic close is $1.08M–$1.09M 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$1.56M
Paper gain+$0.49M

Our blunt read: ~$487k 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 (~3.8%/yr), and past pace never promises the future.

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

If you’re buying — the outlook

The Gazania

Outside Central Region (OCR) · District 19 · ~$2,255 psf · 3.7% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans, steady immigration and rising rents are holding them up. For The Gazania, 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 ~$2,255 psf, The Gazania is priced a bit above similar new projects nearby (~23% up) — you're paying a premium. Its own prices are still climbing (~3.8%/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 (The Gazania)

Holds prices back

The Gazania's own prices have softened — about -5% 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 at this project

Supports prices

Rents at The Gazania are up ~15% over the last couple of years — good if you're renting it out.

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? ~$2,255 psf is ~23% above similar nearby projects (~$1,832). a bit high

(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.

The Gazania has grown ~3.8%/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%
The 3.8%
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 ~3.8%/yr, ~$2,618/sqft by year 4 — already past your target.
Likely hits it:about year 4 at its own ~3.8%/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

$1,603,000

2021–2026 (URA)

Appreciation

3.8%/yr

median trend

Gross yield

3.7%

~$7.02/psf rent

Lease

Freehold

The Gazania median price per sqft, by year

2021$2,100 psf
2022$2,200 psf+4.8%
2023$2,289 psf+4%
2024$2,210 psf-3.5%
2025$2,383 psf+7.8%
2026$2,255 psf-5.4%

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

Does The Gazania 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 The Gazania

Questions people ask about The Gazania

Is The Gazania freehold or leasehold?

The Gazania is a freehold development in District 19 (Outside Central Region (OCR)). Freehold means there is no lease running down.

How much does The Gazania cost per square foot?

Recent transactions at The Gazania are around $2,255 psf. Across its record, transacted prices range from $860,000 to $4,200,000.

Which primary schools are near The Gazania?

Within 1 km (top Primary 1 priority): Maris Stella High School (0.43 km), Paya Lebar Methodist Girls' School (primary) (0.86 km). Within 1–2 km: Cedar Primary School, Yangzheng Primary School, Xinghua Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest The Gazania?

The nearest MRT is Bartley MRT, about 250 m away (straight-line).

Has The Gazania gone up in value?

Across 221 URA-recorded transactions (2021–2026), prices at The Gazania have moved about 3.8% a year on average, with a gross rental yield near 3.7%. That is a past record, not a forecast.

What condos are comparable to The Gazania?

Within a short walk: The Lilium, Bartley Residences, Kensington Square, Botanique At Bartley, Jade Residences. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is The Gazania a good buy?

The Gazania 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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