Fortune Park
Details
No Data |
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
Facilities
9 Facilities Available

Badminton hall

Barbeque Area

Covered car park

Gymnasium room

Multi-purpose hall

Playground

24 hours security

Squash court

Swimming pool
Description
Fortune Park is a freehold condominium completed in 1996. The development occupies a land area of 4,169 sqm and a Gross Floor Area of 8,753 sqm. It consists of 68 units. According to records, buyers of this development are Singaporean 89.2%, PR 4.3%, Foreigner 4.3%, Company 0.0%.
FORTUNE PARK is located along Tampines Road in Hougang, in District 19. It is accessible through the nearest MRTs including Kovan NE13 and Hougang NE14. The nearest schools are XINGHUA PRIMARY SCHOOL and YUYING SECONDARY SCHOOL.
Based on transaction data in the last 12 months, sale prices range from S$ 1,137 psf to S$ 1,263 psf at an average of S$ 1,191 psf. Its highest recorded transaction was S$ 1,263 psf in May 2022 for a 958-sqft unit. Its lowest recorded transaction was S$ 431 psf in Jul 2007 for a 1,292-sqft unit. Its current rental yield is at 2.7%.
Other nearby amenities include: 3 Childcare Centre(s): MY WORLD PRESCHOOL LTD., SCHOOL HOUSE BYTHEGARDEN @ HOUGANG PTE. LTD., PRESCHOOL @ 17J PTE. LTD., and 3 Grocerie(s): LIM KING CHEW, COLD STORAGE SINGAPORE (1983) PTE LTD, TAN CHUAN BOON, and 3 Kindergarten(s): En-Naeem Mosque Kindergarten, Brainy Bunch International Montessori, PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR Blk 23 (KN), and 1 Shopping Mall: HEARTLAND MALL.
Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.
The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
FORTUNE PARK is located along Tampines Road in Hougang, in District 19. It is accessible through the nearest MRTs including Kovan NE13 and Hougang NE14. The nearest schools are XINGHUA PRIMARY SCHOOL and YUYING SECONDARY SCHOOL.
Based on transaction data in the last 12 months, sale prices range from S$ 1,137 psf to S$ 1,263 psf at an average of S$ 1,191 psf. Its highest recorded transaction was S$ 1,263 psf in May 2022 for a 958-sqft unit. Its lowest recorded transaction was S$ 431 psf in Jul 2007 for a 1,292-sqft unit. Its current rental yield is at 2.7%.
Other nearby amenities include: 3 Childcare Centre(s): MY WORLD PRESCHOOL LTD., SCHOOL HOUSE BYTHEGARDEN @ HOUGANG PTE. LTD., PRESCHOOL @ 17J PTE. LTD., and 3 Grocerie(s): LIM KING CHEW, COLD STORAGE SINGAPORE (1983) PTE LTD, TAN CHUAN BOON, and 3 Kindergarten(s): En-Naeem Mosque Kindergarten, Brainy Bunch International Montessori, PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR Blk 23 (KN), and 1 Shopping Mall: HEARTLAND MALL.
Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.
The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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Floor Plans
No Data
Size Distribution
Source: URA, https://www.edgeprop.sg
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Source: URA, https://www.edgeprop.sg
No Data
Unit Mix
Bedroom Type
2BR
Area
1302 - 1302 sqft
No. of Units
1
Bedroom Type
3BR
Area
958 - 1292 sqft
No. of Units
46
Bedroom Type
N.A
Area
N.A - N.A sqft
No. of Units
21
Sales Transaction of FORTUNE PARK (Limited to 10)
Source: URA, https://www.edgeprop.sg
Unit Search
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ALL SALES TRANSACTION (0)
PROFITABLE SALES (0)
UNPROFITABLE SALES (0)
ALL ABORTED TRANSACTION (0)
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Developer's Selling Prices
Note: Based on developer's monthly submission to URA
Source: URA, https://www.edgeprop.sg
Developer's Sales
Note: Based on developer's monthly submission to URA
Source: URA, https://www.edgeprop.sg
Rental Transactions of FORTUNE PARK
Source: URA, https://www.edgeprop.sg
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Rental Trends
Source: URA, https://www.edgeprop.sg
Average Rental Yield Analysis
Source: URA, https://www.edgeprop.sg
*Based on transactions and rents in the past 6 months.
Historical Quarterly Rental
Source: URA, https://www.edgeprop.sg
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.
Source: URA, https://www.edgeprop.sg
Graph Data
Table Data
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Nearby Land Sales
Status | Street Name | Location | Land Attributes | Estimated Breakeven |
---|---|---|---|---|
Sold On SEP 2021 | Fortune Park (Enbloc) | Site Use Residential Tenure fh Plot Ratio 2.1 Site Area (sqm) 4,169 Site GFA (sqm) 8,756 Highest Bid ($M) 115.0 Highest Bid ($PSF) 1140 Number of BIDS - | Land ($M) 115 Construction ($M) 31.1 Land Financing ($M) 10.1 Profesional / Legal / Taxes ($M) 17.5 Marketing / Others ($M) 10.4 Estimated Total Cost ($M) 184.12 Estimated Breakeven ($psf ppr) 1,954 |
Listings
FOR SALE (0)
FOR RENT (1)
ROOM RENTAL (0)
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