Hillsgrove Price Trends and Market Analysis: Your 2026 Buying Guide
Hillsgrove stands out as one of District 19's most established landed property developments, offering semi-detached homes on Hillside Drive in the Serangoon area. As of February 2026, this 999-year leasehold development continues to attract serious property buyers and investors seeking stable value in a mature, well-connected neighborhood. Understanding current Hillsgrove price trends is essential for making informed purchasing decisions in this competitive segment of the Singapore property market.
Current Market Pricing at Hillsgrove
Recent transaction data reveals consistent pricing patterns at Hillsgrove. Semi-detached units typically range from S$3.77 million to S$3.90 million, with price per square foot (psf) hovering between S$830 to S$859 psf for units of approximately 4,540 sqft.[3][4] The most recent transaction in August 2024 saw a semi-detached unit achieve S$3.8 million at S$837 psf, demonstrating stable market conditions over the past 18 months.
For buyers evaluating Hillsgrove for sale opportunities, these price points represent fair value compared to neighboring developments. The consistency in pricing across multiple transactions suggests a well-established market with predictable valuations—a key factor that Homejourney prioritizes when helping buyers make confident purchasing decisions.
Price Range by Unit Type
- Semi-Detached Houses: S$3.77M to S$3.90M (S$830-S$859 psf)
- Typical Unit Size: 4,540 sqft
- Lease Type: 999 years
Why Buyers Choose Hillsgrove in District 19
Hillsgrove's appeal extends beyond its stable pricing. Located on Hillside Drive in the heart of District 19, this development offers the rare combination of landed property living with excellent connectivity. The 999-year leasehold tenure provides long-term security, addressing a key concern for property buyers seeking lasting value.
The semi-detached design offers more space and privacy than condominiums while maintaining lower maintenance requirements compared to fully detached homes. With approximately 4,540 sqft of living space per unit, these homes comfortably accommodate growing families and provide flexibility for home offices or guest quarters—increasingly important considerations for Singapore homebuyers in 2026.
Key Advantages for Buyers
- Landed Property Living: More space and privacy than condo units
- 999-Year Lease: Long-term security without lease decay concerns
- Mature Neighborhood: Established infrastructure and community amenities
- Stable Pricing: Consistent valuations across recent transactions
- Investment Potential: Strong rental demand in the Serangoon-Hougang corridor
Location Advantages: District 19 Connectivity
Hillsgrove's location on Hillside Drive places buyers within walking distance of Kovan MRT station, the nearest major transport hub.[5] This connectivity is crucial for daily commuting and significantly enhances property value. The proximity to the MRT network means residents can reach the Central Business District, shopping districts, and employment centers across Singapore efficiently.
Beyond transport, the Serangoon and Hougang areas offer comprehensive amenities. Nearby shopping centers, hawker centers, and supermarkets cater to daily needs, while parks and recreational facilities provide lifestyle benefits. The neighborhood's maturity means established schools at all levels, making it attractive for families with children.
Nearby Amenities and Transport
- Nearest MRT: Kovan MRT Station (walking distance)
- Shopping: Serangoon Shopping Centre, local retail strips
- Dining: Diverse hawker centers and restaurants
- Recreation: Parks and community facilities
- Schools: Primary and secondary schools in the vicinity
Price Trends and Market Analysis
Analyzing Hillsgrove price trends over the past five years reveals positive appreciation. Transaction data shows movement from S$2.43 million (June 2020) to S$3.8 million (August 2024), representing approximately 56% appreciation over this period.[6] This trajectory demonstrates the development's resilience and appeal to investors seeking capital growth alongside lifestyle benefits.
The price per square foot has similarly appreciated from S$536 psf (2020) to S$837 psf (2024), reflecting both property market strength and Hillsgrove's specific appeal. This appreciation rate outpaces general inflation, suggesting genuine value creation for property owners.
Historical Price Performance
- June 2020: S$2.43M (S$536 psf)
- September 2021: S$2.60M-S$2.75M (S$544-S$605 psf)
- January 2024: S$3.90M (S$859 psf)
- February 2024: S$3.77M (S$830 psf)
- August 2024: S$3.80M (S$837 psf)
This consistent upward trend reflects strong demand for landed properties in District 19, supported by limited supply and growing preference for spacious homes among Singapore buyers.
Investment Potential and Rental Yields
For property investors, Hillsgrove presents attractive rental opportunities. Recent rental data shows monthly rates of S$8,500 for semi-detached units of 4,500-4,600 sqft, translating to approximately S$1.85-S$1.89 psf monthly.[3] This indicates gross rental yields of approximately 2.6-2.7% annually—competitive for landed properties in established neighborhoods.
The strong tenant demand in the Serangoon-Hougang corridor reflects the area's appeal to expatriates, young professionals, and growing families. The combination of rental income and capital appreciation makes Hillsgrove an attractive option for investors seeking long-term wealth building. For detailed analysis of landed property investment returns, explore Landed Housing Investment Returns: Rental Yield Analysis 2026 .
Financing Your Hillsgrove Purchase
Purchasing a semi-detached home at Hillsgrove requires careful financial planning. For a unit priced at S$3.8 million, buyers typically need to arrange financing through bank mortgages. Most Singapore banks offer up to 75% financing for landed properties, meaning a down payment of approximately S$950,000 (25%) would be required, with the balance financed over 25-30 years.
Monthly mortgage payments depend on interest rates and loan tenure. At current rates, a S$2.85 million loan over 25 years would result in estimated monthly payments of S$13,500-S$14,200, depending on the bank's prevailing rates. Additionally, buyers should budget for Additional Buyer's Stamp Duty (ABSD) if applicable—currently 12% for foreign buyers and 5% for Singapore citizens buying a second property.
Homejourney's Bank Rates page provides current mortgage rates from major Singapore banks, helping you compare financing options and calculate accurate affordability estimates for your Hillsgrove purchase.
Estimated Costs for a S$3.8M Unit
- Down Payment (25%): S$950,000
- Estimated Monthly Mortgage: S$13,500-S$14,200
- Stamp Duty: S$152,000-S$190,000
- Legal and Conveyancing: S$3,000-S$5,000
- ABSD (if applicable): S$190,000-S$228,000
Note: These estimates are for reference only. Actual costs depend on your specific circumstances, bank terms, and current interest rates. Consult with a financial advisor for personalized guidance.
The Buying Process at Hillsgrove
Purchasing a property at Hillsgrove follows Singapore's standard conveyancing process. First, identify available units through Homejourney's property search, where you can Property Search for current Hillsgrove listings. Once you've found a property of interest, you'll submit an offer and, upon acceptance, proceed to the legal conveyancing stage.
The process typically spans 8-12 weeks from offer acceptance to completion. During this period, you'll arrange financing, conduct property inspections, and complete legal documentation. Homejourney's network of trusted professionals can guide you through each step, ensuring transparency and protecting your interests throughout the transaction.
Key Steps in Your Purchase Journey
- Search for available units on Homejourney
- Schedule property viewings and inspections
- Submit an offer and negotiate terms
- Arrange mortgage pre-approval with your bank
- Engage a conveyancing lawyer
- Complete legal documentation and stamp duty payment
- Final inspection and completion
Comparing Hillsgrove with Other District 19 Options
While Hillsgrove offers excellent value, savvy buyers should understand how it compares to other developments in District 19. Nearby landed properties in Serangoon and Hougang vary significantly in price, lease tenure, and amenities. Hillsgrove's 999-year lease and established track record of appreciation make it particularly attractive compared to developments with shorter lease terms.
The S$830-S$859 psf pricing sits competitively within the landed property market. For comprehensive market analysis and price comparisons across District 19 developments, Homejourney's Projects directory provides detailed transaction histories and market insights to support your decision-making.
Market Outlook for Hillsgrove
Looking ahead, Hillsgrove's fundamentals remain strong. Limited supply of landed properties in District 19, combined with sustained demand from upgraders and investors, suggests continued price stability and gradual appreciation. The development's maturity, established community, and excellent connectivity position it well for long-term value retention.
However, property market conditions can shift based on economic factors, interest rates, and policy changes. Buyers should stay informed about market developments and make decisions based on their long-term housing needs rather than short-term speculation.
Why Homejourney for Your Hillsgrove Purchase
At Homejourney, we prioritize your safety and trust above all else. Our platform verifies all property information, ensuring you have accurate pricing data and transaction histories when evaluating Hillsgrove opportunities. We actively listen to buyer feedback and continuously improve our service to create a safe, transparent environment for property transactions.
Our comprehensive tools—from mortgage calculators to detailed project analysis—empower you to make confident decisions. When you're ready to explore Hillsgrove properties, our can arrange professional viewings and provide expert guidance tailored to your specific needs and budget.
Frequently Asked Questions About Hillsgrove
What is the current price range for Hillsgrove semi-detached units?
As of February 2026, semi-detached units at Hillsgrove range from S$3.77 million to S$3.90 million, with prices per square foot between S$830 and S$859 psf. Actual prices depend on unit condition, interior finishes, and specific location within the development.[3][4]
How much appreciation has Hillsgrove seen over the past five years?
Hillsgrove has appreciated approximately 56% over five years, rising from S$2.43 million (2020) to S$3.8 million (2024). This represents strong capital growth, with price per square foot increasing from S$536 psf to S$837 psf, demonstrating the development's resilience and appeal.[6]
What is the nearest MRT station to Hillsgrove?
Kovan MRT Station is the nearest major transport hub, within walking distance of Hillsgrove on Hillside Drive. This connectivity is a significant advantage for daily commuting and property value appreciation.[5]
What are the estimated rental yields at Hillsgrove?
Recent rental data indicates monthly rates of S$8,500 for semi-detached units, translating to gross rental yields of approximately 2.6-2.7% annually. Strong tenant demand in the Serangoon-Hougang area makes this an attractive investment option.[3]
What lease tenure does Hillsgrove offer?
Hillsgrove units feature 999-year leasehold tenure, providing long-term security without concerns about lease decay—an important advantage over shorter-lease properties.[3][4]
Ready to Explore Hillsgrove Opportunities?
If Hillsgrove aligns with your property goals, take the next step with Homejourney. Browse all available units for sale at Hillsgrove through our comprehensive Property Search feature, where you can filter by price, unit type, and specific requirements. For deeper market analysis and detailed transaction history, visit our Projects page dedicated to Hillsgrove.
