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SUMMER VILLAS

District 28 · GERALD DRIVE

Overview

SUMMER VILLAS is a freehold condominium in District 28, Singapore, completed in 2004 with 20 units. The average transacted price is $763/sqft based on 6 recorded transactions. Nearby MRT: FERNVALE LRT STATION, LAYAR LRT STATION, TONGKANG LRT STATION.

Price Trends

Price Data (SGD)
Developer:Far East Organization

SUMMER VILLAS

Language:

Property Summary

Location
73 Gerald Drive, Singapore 797703, District 28
Tenure
Freehold
Units
20
Completion
2004
Developer
Far East Organization
Floors/Blocks
1 block of cluster houses/townhouses
Site Area
Not specified
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • FERNVALE LRT STATION
    Exit A0.72 km • 9 min walk
  • LAYAR LRT STATION
    Exit A0.74 km • 9 min walk
  • TONGKANG LRT STATION
    Exit A1.16 km • 14 min walk

Nearby Transport

Nearby Transport

  • FERNVALE LRT STATION
    Exit A0.72 km • 9 min walk
  • LAYAR LRT STATION
    Exit A0.74 km • 9 min walk
  • TONGKANG LRT STATION
    Exit A1.16 km • 14 min walk

Nearby Schools

Nearby Schools

  • PEI HWA SECONDARY SCHOOL
    SECONDARY0.35 km away
  • FERNVALE PRIMARY SCHOOL
    PRIMARY0.51 km away
  • SENGKANG GREEN PRIMARY SCHOOL
    PRIMARY0.67 km away
  • ANCHOR GREEN PRIMARY SCHOOL
    PRIMARY1.09 km away
  • HOUGANG PRIMARY SCHOOL
    PRIMARY1.14 km away

Nearby Supermarkets

Nearby Supermarkets

  • FAIRPRICE FINEST
    0.73 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • -
    0.75 km away•TAM KAH SHARK'S FIN PTE. LTD.
  • SUZYAMEER FROZEN
    0.80 km away•SUZYAMEER FROZEN PTE. LTD.
  • PRIME SUPERMARKET
    0.80 km away•PRIME SUPERMARKET (1996) PTE LTD
  • SHENG SIONG SUPERMARKET
    0.80 km away•SHENG SIONG SUPERMARKET PTE LTD

Property Analysis

Summer Villas is a freehold strata terrace development located in District 28 within the Seletar and Yio Chu Kang residential enclave. The project features a median transaction price of $2,880,000, with unit sizes in recent records ranging from 3,531 to 3,703 square feet.

AI-generated analysis based on available market data. Last updated 5 April 2026. This content is for informational purposes only and should not be considered financial advice.

Financial Breakdown

Estimated costs based on median transaction price

Median Price
$2,960,000
Buyer's Stamp Duty
$113,600
Down Payment (25%)
$720,000
Est. Monthly Payment
$10,813/mo
25-year loan at 3.5%

Eligibility Check

Estimate stamp duty based on your buyer profile

ABSD Rate
0%
ABSD Amount
$0
BSD Amount
$113,600
Total Stamp Duty
$113,600
Estimated Monthly Payment
$10,813/mo

Neighbourhood Amenities

Transport

3
  • FERNVALE LRT STATION
  • LAYAR LRT STATION
  • TONGKANG LRT STATION

Education

17
  • PEI HWA SECONDARY SCHOOL
  • FERNVALE PRIMARY SCHOOL
  • SENGKANG GREEN PRIMARY SCHOOL
  • +14 more nearby

Convenience

10
  • FAIRPRICE FINEST
  • -
  • SUZYAMEER FROZEN
  • +7 more nearby

Rental Yield

Insufficient data to calculate rental yield. Sale or rental transaction data is not yet available for this property.

Recent Transactions

(6 of 6)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-02SUMMER VILLASGERALD DRIVE328 sqm (3531 sqft)$3,128,000$886/sqft01-05Strata TerraceOCR28Freehold
2024-07SUMMER VILLASGERALD DRIVE344 sqm (3703 sqft)$3,219,888$870/sqft01-05Strata TerraceOCR28Freehold
2024-01SUMMER VILLASGERALD DRIVE328 sqm (3531 sqft)$2,960,000$838/sqft01-05Strata TerraceOCR28Freehold
2022-04SUMMER VILLASGERALD DRIVE328 sqm (3531 sqft)$2,800,000$793/sqft01-05Strata TerraceOCR28Freehold
2020-11SUMMER VILLASGERALD DRIVE330 sqm (3552 sqft)$2,265,000$638/sqft01-05Strata TerraceOCR28Freehold
2020-03SUMMER VILLASGERALD DRIVE328 sqm (3531 sqft)$1,950,000$552/sqft01-05Strata TerraceOCR28Freehold

Market Statistics

Frequently Asked Questions

What is the tenure of Summer Villas?

Summer Villas is a freehold property, meaning the land ownership is held in perpetuity. This tenure type is often preferred by buyers looking for long-term legacy planning without leasehold restrictions.

What is the current median price for a unit in this project?

The median price for units at Summer Villas is $2,880,000 based on recent transaction data. Individual prices vary depending on the specific unit size and the date of the sale.

How much has the price per square foot (PSF) increased recently?

The PSF has increased from $638 in November 2020 to $886 in February 2025. This represents a growth of approximately $248 per square foot over a period of roughly four years.

What are the typical unit sizes available at Summer Villas?

Recent transactions show unit sizes between 3,531 sqft and 3,703 sqft. These large floor areas are consistent across the recorded strata terrace sales in the development.

What was the highest price paid for a unit in the last two years?

The highest recorded price in the recent period was $3,219,888 for a 3,703 sqft unit in July 2024. This transaction was executed at a rate of $870 PSF.

In which district is Summer Villas located?

Summer Villas is located in District 28, which encompasses the Seletar and Yio Chu Kang planning areas. This district is primarily known for its low-density housing and landed property developments.

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Uptrend+5.7% over period
2 years change:+5.7% ($838 → $886)
Median PSF:$870/sqft