Naung Residence

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,454 psf
Range
S$ 1,354 - 1,505 psf

Rental Price **

Average
S$ 3.4 psf pm
Range
S$ 2.7 - 4.5 psf pm

Rental Yield **

2.8%

Rental income expressed as a percentage of the property's value.

Amenities

4.2
4.2

Convenience

4.5
4.5

Connectivity

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
0 Facilities Available
No Data
Description
Naung Residence is a leasehold (999 yrs from 1883) condominium completed in 2015. It is developed by ORION-TWO RESIDENTIAL PTE LTD. The development occupies a land area of 2,815 sqm and a Gross Floor Area of 3,941 sqm. It consists of 60 units. According to records, buyers of this development are Singaporean 96.8%, PR 3.2%, Foreigner 0.0%, Company 0.0%.

NAUNG RESIDENCE is located along Jalan Naung in Hougang, in District 19. It is accessible through the nearest MRTs including Hougang NE14 and Hougang CR8. The nearest schools are HOLY INNOCENTS' PRIMARY SCHOOL and HOLY INNOCENTS' HIGH SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,354 psf to S$ 1,505 psf at an average of S$ 1,454 psf. Its highest recorded transaction was S$ 1,505 psf in May 2022 for a 538-sqft unit. Its lowest recorded transaction was S$ 782 psf in Nov 2019 for a 1,023-sqft unit. Its current rental yield is at 2.8%.

Other nearby amenities include: 3 Childcare Centre(s): LITTLE TREE HOUSE LLP, LITTLE TREE HOUSE @ HOUGANG PTE. LTD., PCF SPARKLETOTS PRESCHOOL @ HOUGANG Blk 328 (DS), and 3 Grocerie(s): TAN CHUAN BOON, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): The Montessori Playroom Kindergarten, PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR Blk 23 (KN), PCF SPARKLETOTS PRESCHOOL @ HOUGANG Blk 328 (DS), and 3 Shopping Mall(s): HOUGANG PLAZA, KANG KAR MALL, HOUGANG 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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What they say
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5
"Nice condo, convenient to MRT station, malls, wet markets, coffee shops, bus stops and public amenities and good school such as Holy Innocents Primary School. Living there feels like staying in a resort as it is a small development with unblock view. "
C****
others     |   20 Jan 2022
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Floor Plans
1
1
1

NAUNG RESIDENCE - 1 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
538 - 710 sqft
No. of Units
16
Bedroom Type
2BR
Area
538 - 1033 sqft
No. of Units
38
Bedroom Type
3BR
Area
1227 - 1302 sqft
No. of Units
6

Sales Transaction of NAUNG RESIDENCE (Limited to 10)

Unit Search
#
There are 53 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source
No Data

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

Price Trends

Volume Trends

No Data
Rental Transactions of NAUNG RESIDENCE
There are 122 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source
No data

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
500 to 600
2,500
1
810,000
1
3.7
700 to 800
2,475
6
1,100,000
1
2.7
Historical Quarterly Rental
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.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
No Data
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated 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

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thumb-images
11
View to Offer
  • 33% Rental Volume

  • 2 beds
  • 1 bath
  • D19
  • 2015
  • 999 years
  • S$ 1,240 psf
  • 1 Jalan Naung
Lilian Chan
send_enquiry
thumb-images
11
$1,030,000
  • 33% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D19
  • 2015
  • 999 years
  • S$ 1,290 psf
  • 1 Jalan Naung
Margaret Lau
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FAQs about NAUNG RESIDENCE

What is the nearest MRT Station to NAUNG RESIDENCE ?
The nearest MRT Station from NAUNG RESIDENCE are Hougang NE14 MRT, Hougang CR8 MRT