Miramar Gardens Price Trends: Stable Value in D19
Miramar Gardens at Jalan Naung in District 19 shows stable Miramar Gardens price trends with recent resale prices at S$3.14M-$3.33M (PSF S$1,785-$1,893) for 1,759 sqft terrace units, averaging S$1,839 PSF as of 2026 data.[1] This Singapore condo-like landed property offers strong value amid Serangoon-Hougang growth, with rentals at S$5,800-$6,500 monthly (S$2.90-$3.70 PSF).[1][2] Homejourney verifies this data to help buyers and investors make trusted decisions in a safe environment.
This cluster on Miramar Gardens Price Trends and Market Analysis builds on our pillar Miramar Gardens D19: Units, Prices, Amenities & Investment Guide, providing tactical insights for property investment.Miramar Gardens D19: Units, Prices, Amenities & Investment Guide | Homejourney Focus here on pricing history, comparisons, and actionable steps to evaluate if it's right for you.
Historical Price Trends at Miramar Gardens
Over the last three years, Miramar Gardens recorded just two resale transactions, indicating low turnover typical of premium 999-year leasehold terraces from 1883—practically freehold.[1] The January 2023 sale hit S$3.33M at S$1,893 PSF, while August 2023 closed at S$3.14M (S$1,785 PSF), showing a slight dip but overall stability.[1]
Average PSF stands at S$1,839, with no new sales or sub-sales, reflecting a mature, investor-held enclave.[1] Into 2026, expect modest 4-6% appreciation driven by District 19 demand, per URA-aligned trends.[2][4] Disclaimer: Prices fluctuate with market conditions; always verify latest via Homejourney's detailed project analysis.
Insider tip: As locals know, Jalan Naung's quiet streets appeal to families, supporting steady values despite limited supply. View full trends on Homejourney for verified transaction history.[6]
Rental Market Snapshot
Rentals remain robust: December 2024 at S$5,800 and July 2024 at S$6,000 for 1,500-2,000 sqft terraces, equating to S$2.90-$3.00 PSF initially, up to S$3.70 PSF for premium units.[1][2] Recent peaks hit S$6,500, yielding 2.3-3% annually—competitive for OCR landed properties.[4]
Low vacancy (<5%) and expat demand from nearby Hougang MRT sustain this.[4] For investors, this translates to reliable cash flow in Serangoon, Hougang hotspots.
PSF Comparison with Nearby Developments
Miramar Gardens outperforms peers in value per square foot. Here's a 2026 comparison:
| Development | Tenure | Distance | Avg PSF | Rental PSF |
|---|---|---|---|---|
| Miramar Gardens | 999 years | - | S$1,839 | S$2.90-$3.70 |
| Naung Residence | 999 years | 0.04km | S$1,454 | S$4.17 |
| Silver Hill | 945 years | 0.06km | S$2,049 | S$2.68 |
| People's Garden | 999 years | 0.25km | S$1,828 | S$2.83 |
| Parkwood Collection | 99 years | 0.32km | S$889 | S$2.27 |
[1] Miramar Gardens delivers more space at comparable or better PSF than 99-year options, ideal for long-term condo prices stability.[1]
Market Analysis: Investment Potential in 2026
District 19's property investment appeal grows with Cross Island Line (Hougang MRT by 2030) and mixed-use developments, projecting 4-6% annual rental uplifts.[4] Rebuild potential (A&A to 5,000 sqft) could add S$1.9M value, leveraging 999-year tenure.[4]
Yields of 2.3-3% beat average D19 condos (2-2.5%), with low liquidity but high desirability for families.[2][4] Future CRL boosts liquidity; target intermediate terraces (1,500-2,000 sqft, 3 beds) for expats.[4]
Actionable steps for buyers:
- Check affordability: Use Homejourney's mortgage calculator for payments on S$3.2M purchase.Bank Rates
- Search listings: Browse available units at Miramar Gardens.Property Search
- Consult experts: Speak to a property agent for viewings.
- Verify data: Explore comprehensive analysis and related reads like Miramar Gardens Investment Analysis.Miramar Gardens Investment Analysis: Rental Yield & Growth | Homejourney
Homejourney prioritizes your safety with verified info, ensuring transparent decisions. For maintenance post-purchase, check Aircon Services .
Pros, Cons, and Who Should Buy
- Pros: Near-freehold tenure, strong yields, family-friendly with Hougang amenities, rebuild upside.[1][4]
- Cons: Limited transactions (low liquidity), terrace-only (no condos), higher entry vs. HDB.[1]
Best for long-term investors or families valuing space over high-rises. Compare with Bena Park via Bena Park Investment Analysis: Rental Yield & Growth | Homejourney . Seek professional advice: Homejourney connects you safely.
FAQ
What are current Miramar Gardens prices?
S$3.14M-$3.33M resales (S$1,785-$1,893 PSF) for 1,759 sqft terraces; averages S$1,839 PSF.[1] Verify on Homejourney.
Miramar Gardens rental yields?
2.3-3%, with S$5,800-$6,500/month (S$2.90-$3.70 PSF).[1][4]
Is Miramar Gardens a good investment in D19?
Yes, for stability, growth from MRT, and yields—but assess via Projects Directory .[2][4]
How do Miramar Gardens condo prices compare?
Better value than 99-year peers like Parkwood (S$889 PSF).[1]
Latest Miramar Gardens transactions?
Aug 2023: S$3.14M; Jan 2023: S$3.33M. Full history on Homejourney.[1]
Ready to invest? Search Miramar Gardens listings on Homejourney today for trusted, verified options in your safe property journey. Link back to the full D19 guide.