How A 30-Year-Old Condo Became Serangoon’s Strongest-Performing Condo For 2-Bedders

How A 30-Year-Old Condo Became Serangoon’s Strongest-Performing Condo For 2-Bedders — With Average Profits Of $457,000

Chiltern Park recorded Serangoon's strongest two-bedder returns over the past decade, averaging 43.92% ROI and $456,523 profit across 10 transactions. Full breakdown of pricing, location, size, and supply trends behind its outperformance.

By Joey Peh

Published 2 July 2026, 7:34 PM SGT · 13 min read · 135

By some accounts, Serangoon is an unusual area when it comes to Singapore’s property market. While it’s technically a suburban locale, in the Outside Central Region (OCR), most Singaporeans will tell you that the area is far more accessible and convenient than that label implies.

Serangoon is also quite a versatile residential area, and the range of properties that can be found there range from landed homes to condos, and public housing. Thus, there are residents from all walks of life in Serangoon, and it’s a location with equally strong appeal to young couples, retirees, families, and landlords.

It makes sense for us to examine Serangoon as one of the areas in our series of the top-performing two-bedders in the market. Here's where we found the best projects for buyers looking for two-bedroom units in Serangoon.

Which condos in Serangoon delivered the best returns, in terms of two-bedders, over the past 10 years?

To identify the strongest performer, we analysed the profitability of two-bedders across condominiums in Serangoon over the past 10 years. We focused only on subsale and resale transactions, excluding developer sales which could distort this price analysis.

Frequently asked questions

Why is Chiltern Park considered a top-performing two-bedroom condo in Serangoon?

Chiltern Park is considered a top performer due to its high ROI of nearly 44%, a reasonable average holding period of 5.8 years, and its strong resale transaction record with 10 recorded transactions. Its advantageous location and larger unit sizes also contribute to its performance.

What factors contribute to Chiltern Park's strong resale performance?

Chiltern Park's strong resale performance is attributed to its favorable location near Lorong Chuan MRT station, proximity to multiple primary schools, larger unit sizes averaging 1,117 sq ft, and its large land area of over 387,000 sq ft with only 500 units, offering a balance of space and privacy.

How does Chiltern Park's location benefit its resale value?

Chiltern Park's location along Serangoon Avenue 3, close to Lorong Chuan MRT station and within 1km of four primary schools, provides convenient access and desirable amenities, which contribute to its high resale value.

Are larger unit sizes a reason for Chiltern Park’s profitability?

Yes, Chiltern Park's larger two-bedroom units, averaging 1,117 sq ft, offer more living space compared to many newer developments, which appeals to buyers and supports higher resale prices.

Does the layout of Chiltern Park's units influence its performance?

The layouts of Chiltern Park's units are efficient, with spacious living and dining areas, enclosed kitchens, and generous bedrooms, which contribute to its appeal, though the layout alone is not the main factor for its outperformance.

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Joey Peh

Data Analyst

Joey is a data analyst and licensed real estate agent with a passion for storytelling through numbers.