RPS · Resale Project Scorecard
Gillenia — Grade C
RPS score 4.68/10 · D19 · Hougang, Punggol, Sengkang · 16 units · scored across 7 weighted factors — methodology published.
999YR · TIONG AIK DEVELOPMENT PTE LTD · TOP 2009
Below-average project with notable weaknesses. Standout strengths: tenure. Key weaknesses: project size, schools.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 2/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +2.46% — near-median performance within its 2009-era cohort (48th percentile).
Nearest primary school is XINMIN PRIMARY SCHOOL at 1.05km — just past the 1km mark. Effective walking distance for some families.
16 units — very small project; niche product with thin resale market.
0.75km from Kovan Mrt Stn (NE13) — short walk to MRT, good transport convenience.
Rental yield of 3.14% — below-average income return.
999-year tenure — effectively freehold from a valuation standpoint.
Limited future-catalyst exposure — nearest is Serangoon North MRT (CR9, CRL1) at 1.18km, far enough that the impact on this project is modest.
RPSResale Project Scorecard
Scored either side of Gillenia in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.