The property holds a 999-year leasehold tenure that commenced in 1878. This long-term lease provides significant tenure security for owners in the Serangoon and Hougang area.

The most recent transaction in October 2025 was recorded at $1,338 psf for a 1,270 sqft unit. This is an increase from the $927 psf and $929 psf rates recorded for similar-sized units in 2021 and early 2022.

The lowest recent transaction price was $935,000 for a 721 sqft unit in August 2023. However, the median price for the project currently stands at $1,179,000 based on the 8 recorded transactions.

Transaction data indicates unit sizes of 721 sqft, 1,270 sqft, and 1,507 sqft. The 1,270 sqft unit is a frequent configuration, appearing in three of the five most recent transaction records.

The highest price recorded was $2,050,000 for a 1,507 sqft unit in August 2022. This transaction also set the current price ceiling for the project at $1,360 per square foot.

The median PSF is $1,137.023, which sits within the historical range of $927 to $1,360 psf. Recent 2023 and 2025 transactions have stayed above the $1,290 psf mark, indicating a shift toward the higher end of that range.