Boathouse Residences Price Trends and Market Analysis: Your Complete 2026 Buyer's Guide
Boathouse Residences stands as one of District 19's most sought-after private residential developments, offering buyers a compelling blend of affordability and strategic location in the Serangoon-Hougang corridor. Based on the latest transactional data through January 2026, the development demonstrates stable pricing with resale units commanding an average of S$1,282 to S$1,626 per square foot (PSF)[1][4], making it an attractive option for both first-time buyers and seasoned investors exploring the Outside Central Region (OCR).
Current Market Pricing: What You'll Pay in 2026
Understanding current pricing is essential for making an informed purchase decision at Boathouse Residences. The development's 99-year leasehold condominium units have shown consistent market activity, with 77 resale transactions recorded over the past three years[1], indicating healthy market liquidity and buyer interest.
The pricing structure varies significantly by unit size. Smaller units starting from 624 sqft typically range from S$750,000 to S$850,000, translating to approximately S$1,200 to S$1,366 PSF[1][3]. Mid-sized two-bedroom units (around 732 sqft) command prices between S$890,000 and S$1,020,000, averaging S$1,344 to S$1,372 PSF[2]. Larger three-bedroom units (ranging from 1,000 to 1,200 sqft) are priced between S$1.48 million and S$1.71 million[3], with premium units exceeding S$1.78 million for the largest floor plans.
Recent transaction data from May 2025 showed the highest recorded PSF at S$1,476 for a 732-sqft unit[2], demonstrating strong buyer demand for mid-sized units that appeal to upgraders and young families. This pricing consistency reflects the development's stable market position within District 19.
Understanding Boathouse Residences: Development Overview
Located at 21 Upper Serangoon View, Boathouse Residences is a completed 18-storey private condominium comprising 7 blocks and 493 total units[1][9]. Developed by Far East Organization, Frasers Centrepoint Homes, and Sekisui House, the project was completed in 2015 and has since established itself as a reputable residential choice in the northeastern corridor.
The development's positioning in District 19 places it firmly within Singapore's Outside Central Region, offering buyers the advantage of lower entry prices compared to central locations while maintaining excellent connectivity to key employment hubs. The 99-year leasehold tenure provides sufficient holding period for most buyers, whether purchasing for owner-occupation or investment purposes.
Price Trends: Three-Year Performance Analysis
Analyzing price movements over the past three years reveals a stable and resilient market with modest appreciation. The average resale PSF has remained within a narrow band of S$1,084 to S$1,379, indicating price stability rather than volatile fluctuations. This stability is particularly valuable for buyers seeking long-term investment security.
The most recent transaction data through July 2025 shows sustained buyer interest, with the development maintaining consistent trading activity[1]. Unlike developments experiencing speculative booms and busts, Boathouse Residences has demonstrated the characteristics of a mature, well-established residential community with organic demand from genuine owner-occupiers and prudent investors.
When comparing unit sizes, the price-per-square-foot metric reveals interesting patterns. Mid-sized units (68-85 sqft) command premium PSF rates averaging S$1,191 to S$1,240, while very large units (over 150 sqft) show lower PSF values around S$918 to S$1,010, reflecting the typical market behavior where per-unit pricing increases with size but per-square-foot pricing decreases for premium penthouses.
Available Unit Types and Pricing Breakdown
Boathouse Residences offers diverse unit configurations catering to different buyer profiles:
- 1-Bedroom Units (624-657 sqft): Priced from S$750,000 to S$800,000, averaging S$1,362 PSF[3]. Ideal for first-time buyers, young professionals, and investors targeting rental yields.
- 2-Bedroom Units (732-840 sqft): Ranging from S$890,000 to S$1,041,000, with average PSF of S$1,508[3]. The most popular segment, appealing to upgraders and small families.
- 3-Bedroom Units (1,000-1,130 sqft): Priced between S$1.48 million and S$1.71 million[3]. Suited for established families seeking space without premium central location pricing.
- Large Premium Units (1,200+ sqft): Exceeding S$1.78 million, offering penthouse-style living with expansive floor plans and premium finishes.
The 2-bedroom segment dominates market activity, representing the sweet spot for buyers balancing affordability with space requirements. These units offer the best rental yield potential while maintaining strong capital appreciation prospects.
Why Boathouse Residences Represents Smart Value
Strategic Location in District 19: Boathouse Residences benefits from its position along Upper Serangoon View, providing access to a well-established residential corridor with mature amenities. The Serangoon-Hougang area offers excellent value compared to central districts while maintaining strong connectivity.
Established Community: Completed in 2015, the development has matured into a stable residential community with proven rental demand and owner-occupier appeal. Unlike newer projects with uncertain track records, Boathouse Residences offers the security of a proven market performer.
Developer Pedigree: The involvement of Far East Organization and Frasers Centrepoint Homes ensures professional management, quality maintenance standards, and reliable property value preservation. These established developers have strong track records in Singapore's residential market.
Balanced Investment Potential: The combination of stable pricing, consistent transaction volume, and strong rental demand makes Boathouse Residences attractive for both owner-occupiers seeking their next home and investors building property portfolios.
Location Advantages: Connectivity and Amenities
Upper Serangoon View's strategic position offers multiple connectivity advantages. The area benefits from proximity to major MRT stations, shopping centers, educational institutions, and recreational facilities that define modern Singapore living.
The Serangoon-Hougang corridor has undergone significant development in recent years, with improved infrastructure and expanding amenities making it increasingly attractive for residential investment. Buyers at Boathouse Residences gain access to this maturing neighborhood while enjoying lower entry prices than more established central locations.
For families, the area offers proximity to quality schools at all levels, while young professionals benefit from convenient access to employment hubs in the CBD and other key business districts. This demographic diversity supports strong rental demand and stable property values.
Investment Potential: Rental Yields and Capital Growth
Boathouse Residences presents compelling investment characteristics for property investors. The strong rental demand in the Serangoon-Hougang area combined with competitive entry prices creates favorable conditions for rental yield generation. Two-bedroom units, the most popular segment, typically attract tenants seeking value-for-money accommodation in a well-connected area.
The development's 493 units provide sufficient scale to support an active rental market without oversupply concerns. Transaction data showing 77 resale transactions over three years indicates healthy market turnover and liquidity—essential factors for investors planning eventual exits.
Capital appreciation prospects remain positive given District 19's ongoing development and improving infrastructure. While OCR properties typically appreciate more modestly than central region counterparts, the stable pricing trends at Boathouse Residences suggest consistent value preservation with potential for gradual appreciation as the area continues to mature.
Financing Your Purchase: Affordability and Loan Options
The pricing at Boathouse Residences makes it accessible for a broader range of buyers compared to central region properties. A 2-bedroom unit priced around S$950,000 requires a down payment of approximately S$190,000 (20%), with mortgage financing for the remaining S$760,000.
