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TENGAH GARDEN RESIDENCES

Property Type · D24
Condominium99-yearUnder construction
$2,108 psf
median $psf
median rent · psf/mo
gross rental yield
16
highest floor
863
total units
Under constr.
TOP / completion
Median $psf excludes ground & top-floor units · basis: last 12 months.
53
/ 100
HomeVestor Investor Score
Best for: Exit liquidity
Watch out for: Limited rental data, Priced above its district
Data confidence: Low · overall risk: Moderate
Yield
Cashflow
Liquidity67
Growth40
Family52
How is this worked out? — the five sub-scores
Yield
Gross rental yield, scored across a 2.0–4.5% band.
Cashflow
Estimated net monthly cash at 75% LTV and today’s floating rate, rented out.
Liquidity
Project size plus sales & rental volume — how easily you could exit.
Growth
URA growth-node, MRT proximity and recent price momentum.
Family
A popular (oversubscribed) primary school within 1 km.
Overall
The average of the five sub-scores (each 0–100, higher = better).
Risk flags
Limited rental data — 0 rental contracts, so the yield estimate is soft · Priced above its district — ~25% above the D24 median $psf
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

Tengah Garden Residences is a leasehold project in D24 with limited yield data, good liquidity. It sits in a URA growth node (Tengah).

Best suited for
  • Exit liquidity buyers
Less suited for
  • pure rental-yield investors
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.

Investment report

A plain-language read on Tengah Garden Residences — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Why this may work
  • In the Tengah URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
  • Strong transaction liquidity — 861 resale deals in the past 12 months, so pricing is well-tested and exit is easier.
  • Well-sized 863-unit project — larger developments trade at firmer $psf and resell faster.
Why this may fail / what to watch
  • Entry $psf sits ~25% above the D24 median — a location/quality premium that has to keep being earned.
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

Recent project median $psfexcludes ground & top-floor units$2,108 psf
Same-size, recent compsfloor of ±25% size band, recency-weighted$2,092 psf
D24 district-comparablemedian $psf of all projects in the district$1,692 psf
HomeVestor fair range$1,767–$2,183 psf
≈ $1,464,843–$1,809,707 for a ~829 sqft unit

See the D24 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.8% target gross yield for a OCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.

Buy · Watch · Avoid

Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.

BUY — below fair
WATCH — around fair
AVOID — above fair
Watch zoneCurrent median $2,108 psf is around fair value — whether it’s a good buy comes down to the specific unit and price.
Compares project medians to a computed fair range — individual units vary. For educational purposes only — not financial advice.

Price trend

6-month rolling median $psf · excludes ground & top floor

Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Popular schools nearby

Proximity to an oversubscribed primary school is a major driver of family demand. Being within 1 km gives the top P1 balloting priority; 1–2 km is next.

1 – 2 km

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Corporation MRT Station · ~1319 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameTENGAH GARDEN RESIDENCES
Street NameProperty Type
Property TypeCondominium
Tenure99 years leasehold
District / Planning AreaD24
CompletionUnder construction · TOP pending
Number of units863 units
Highest floor in the project16
DeveloperTENGAH GARDEN DEVELOPMENT PTE LTD/TGA DEVELOPMENT PTE LTD
Land Area (sqm)
Master Plan Plot Ratio2.8

All transactions (861)

Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.

e.g. 20-07 · 20- = storey 20 · -07 = stack 07
both optional
Date Address Size
(sqft)
$psf Price
Show
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