Expert Eye: Sengkang

Sengkang is a young suburban residential area with HDB flats that are significantly smaller than elsewhere. Probably the selling point of this estate is the stunning view and opportunities for water-based recreation on the waterfront, since it can be found near both Sungei Serangoon and Sungei Punggol.

( The high psf can be attributed to the abundance of recreational facilities in and around Sengkang.)

It may be situated a distance from town, but prices of HDBs found in this District 19 estate do not seem to be affected by its location. In fact depite some small ups and downs over the past 12 months, it is safe to say that Sengkang’s average price per sq ft (psf) is somewhat on par with the national average.

The midrange pricing of Sengkang HDBs in general could be attributed to a few possible factors. The first reason is its safe distance from the town and Central Business District areas, which helps keep the average psf in check.

The second is its amenities: a good public transport system and excellent recreational facilities hard to find out of Sengkang mean the average psf will inevitably be higher than other estates that are equally off-central.

Understandably, median resale prices of Sengkang HDBs are significantly higher than the national average. One possible explanation is that more resale buyers are recognising the unique attributes that Sengkang offers – especially with its water sports and natural features – and are hoping to purchase these resale homes before prices go even higher.

The transaction volumes and prices for Sengkang (compared to all HDB estates) in the month of September are as follows:

For our district guide to Sengkang, click here.
For a resident’s view of living in Sengkang, click here.