HORIZON RESIDENCES is a freehold development along PASIR PANJANG HILL in District 5 (West Coast / Clementi), part of the RCR segment of Singapore's private residential market. The project comprises 72 units and is TOP 2014.
This profile draws on 11 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 12 years from TOP, HORIZON RESIDENCES is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 5 (West Coast / Clementi), the immediate context for HORIZON RESIDENCES is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 11 sales and 118 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the HORIZON RESIDENCES dashboard.
- Average sale price: $2,148,707 across 11 transactions
- Estimated gross rental yield: 3.1%
- District 5 PSF ranking: Premium tier (top 24%)
- Freehold tenure · RCR · D5 · 72 units
About HORIZON RESIDENCES
HORIZON RESIDENCES is a freehold condominium, located at PASIR PANJANG HILL in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), developed by BISHAN PROPERTIES PTE LTD, comprising 72 residential units, completed in 2014.
As a freehold property, HORIZON RESIDENCES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at HORIZON RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 8 | $1,883 psf | $2,025,722 |
| 4 BR | 3 | $1,725 psf | $2,476,667 |
Sales Market Overview
HORIZON RESIDENCES has recorded 11 sale transactions with an average transaction price of $2,148,707, ranging from $1,738,000 to $2,580,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2023 | 2 | $1,733 psf | $2,144,000 | — |
| 2024 | 3 | $1,794 psf | $2,180,000 | ↑ 3.5% |
| 2025 | 4 | $1,933 psf | $1,924,444 | ↑ 7.8% |
| 2026 | 2 | $1,830 psf | $2,555,000 | ↓ 5.3% |
HORIZON RESIDENCES ranks in the top 24% of condos in District 5 by average PSF.
Compared to the RCR average of $2,047 psf, HORIZON RESIDENCES trades 10.1% below the segment benchmark.
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Rental Market Overview
HORIZON RESIDENCES has recorded 118 rental transactions with monthly rents averaging $5,598/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 3 | $3,267/mo | $3,000/mo | $3,400/mo |
| 2 BR | 67 | $4,772/mo | $3,600/mo | $5,800/mo |
| 3 BR | 32 | $6,138/mo | $4,800/mo | $7,700/mo |
| 4 BR | 16 | $8,411/mo | $5,300/mo | $9,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 22 | $4,694/mo |
| 2022 | 27 | $5,519/mo |
| 2023 | 22 | $6,095/mo |
| 2024 | 17 | $5,729/mo |
| 2025 | 27 | $5,991/mo |
| 2026 | 3 | $5,000/mo |
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Investment Analysis
Based on average rents and sale prices, HORIZON RESIDENCES delivers an estimated gross rental yield of 3.1%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,842 psf | 5979 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1413 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,888 psf | 1396 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,556 psf | 399 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows HORIZON RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- HORIZON RESIDENCES
- Haw Par Villa MRT
- Pasir Panjang MRT
- Kent Ridge MRT
- Dulwich College (Singapore)
- National University of Singapore
Nearby MRT Stations
HORIZON RESIDENCES is 220m from Haw Par Villa MRT (Circle Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Haw Par Villa | CC25 | Circle Line | 220m |
| Pasir Panjang | CC26 | Circle Line | 1.0 km |
| Kent Ridge | CC24 | Circle Line | 1.3 km |
Nearby Schools
There are 2 schools within 2 km of HORIZON RESIDENCES.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.2 km |
| National University of Singapore | Tertiary | 1.8 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Haw Par Villa sits about 0.22km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 72 units, HORIZON RESIDENCES keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Dulwich College (Singapore) sits about 1.23km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 11 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: HORIZON RESIDENCES combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 11 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for HORIZON RESIDENCES?
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Is HORIZON RESIDENCES freehold or leasehold?
How far is the nearest MRT from HORIZON RESIDENCES?
What is the tenure of HORIZON RESIDENCES?
How does HORIZON RESIDENCES compare to other projects in the district?
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Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 11 transactions analysed
- Rental data: 118 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for HORIZON RESIDENCES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.