We track 4 sales and 22 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PARADISE ISLAND dashboard.
- Average sale price: $13,562,500 across 4 transactions
- Estimated gross rental yield: 2.6%
- District 4 PSF ranking: Mid-range (top 55%)
- 99 yrs lease commencing from 2005 · CCR · D4 · 29 units
About PARADISE ISLAND
PARADISE ISLAND is a 99 yrs lease commencing from 2005 condominium, located at PARADISE ISLAND in District 4 (Telok Blangah, Harbourfront) (Core Central Region), developed by HO BEE (SENTOSA) PTE LTD, comprising 29 residential units, completed in 2009.
With approximately 78 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Sales Market Overview
PARADISE ISLAND has recorded 4 sale transactions with an average transaction price of $13,562,500, ranging from $12,000,000 to $14,600,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,813 psf | $14,600,000 | — |
| 2022 | 1 | $1,769 psf | $13,150,000 | ↓ 2.4% |
| 2023 | 1 | $1,680 psf | $14,500,000 | ↓ 5.1% |
| 2025 | 1 | $1,475 psf | $12,000,000 | ↓ 12.2% |
PARADISE ISLAND ranks in the top 55% of condos in District 4 by average PSF.
Compared to the CCR average of $2,447 psf, PARADISE ISLAND trades 31.2% below the segment benchmark.
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Rental Market Overview
PARADISE ISLAND has recorded 22 rental transactions with monthly rents averaging $29,448/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 22 | $29,448/mo | $17,000/mo | $46,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 4 | $20,188/mo |
| 2022 | 7 | $26,686/mo |
| 2023 | 3 | $40,000/mo |
| 2024 | 4 | $32,575/mo |
| 2025 | 2 | $35,500/mo |
| 2026 | 2 | $29,500/mo |
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Investment Analysis
Based on average rents and sale prices, PARADISE ISLAND delivers an estimated gross rental yield of 2.6%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 4
Side-by-side comparison against the most actively traded condos in District 4 (Telok Blangah, Harbourfront):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| REFLECTIONS AT KEPPEL BAY | 99 yrs lease commencing from 2006 | 1129 | $1,736 psf | 365 |
| THE INTERLACE | 99 yrs lease commencing from 2009 | 1040 | $1,469 psf | 242 |
| CARIBBEAN AT KEPPEL BAY | 99 yrs lease commencing from 1999 | 969 | $1,764 psf | 209 |
| THE REEF AT KING'S DOCK | 99 yrs lease commencing from 2021 | 429 | $2,469 psf | 173 |
| CAPE ROYALE | 99 yrs lease commencing from 2008 | 302 | $2,220 psf | 116 |
Location Map
Map shows PARADISE ISLAND (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PARADISE ISLAND
FAQ
What is the average price for PARADISE ISLAND?
What is the rental yield for PARADISE ISLAND?
Is PARADISE ISLAND freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 4 transactions analysed
- Rental data: 22 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 PARADISE ISLAND
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