THE HILLSHORE Review

Condo Review 4 min read Terakhir disemak
District 5 · Freehold · Completed 2024
~$2,338Avg PSF (12-month)
59Total units
Category Ratings
Walkability
4.7
Investment
4.4
En-Bloc Potential
3.9
ShiokNest Score
5.0

Overview & Key Facts

THE HILLSHORE is a freehold condominium at PASIR PANJANG ROAD in District 5 (RCR), developed by Hillside View Development Pte Ltd, comprising 59 units, completed in 2024.

Developer
Hillside View Development Pte Ltd
Tenure
Freehold
Total units
59
TOP year
2024
District
5 — RCR
Street
PASIR PANJANG ROAD

Location & Connectivity

THE HILLSHORE is approximately 510m from Haw Par Villa MRT station, with 2 stations within 1.5 km.

MRT stations near THE HILLSHORE
StationLineDistance
Haw Par VillaCircle Line510m
Kent RidgeCircle Line910m

Schools & Education

3 schools within 2 km.

Schools near THE HILLSHORE
SchoolTypeDistance
Dulwich College (Singapore)International1.2 km
National University of SingaporeTertiary1.2 km
Dover Court International SchoolInternational2 km

Unit Mix & Pricing

Unit mix for THE HILLSHORE
TypeSalesAvg PSFAvg Price
2 BR4$2,359 psf$1,882,000
3 BR5$2,474 psf$2,665,634

Market Position

THE HILLSHORE has recorded 9 sales at an average price of $2,317,352.

THE HILLSHORE sits at the 92nd percentile of District 5 condo PSF.
$2,338 psf
Avg PSF (12mo)
$2,317,352
Avg Price
9
Total Sales

Price Appreciation

PSF trend for THE HILLSHORE
YearSalesAvg PSFYoY
20243$2,592 psf
20253$2,384 psf↓ 8.0%
20263$2,292 psf↓ 3.9%

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THE HILLSHORE prices have cooled 11.6% from the 2024 peak, yet remain 11.6% below where the series began in 2024.

Price Index Check

The ShiokNest Price Index for District 5 reads 136.5 as of June 2026 — down 4.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 5 competitors
CondoTenureAvg PSFSales
LANDED HOUSING DEVELOPMENTFreehold$1,856 psf6215
NORMANTON PARK99 yrs lease commencing from 2019$1,868 psf1431
PARC CLEMATIS99 yrs lease commencing from 2019$1,896 psf1426
ELTA99 yrs lease commencing from 2024$2,558 psf412
FABER RESIDENCE99 yrs lease commencing from 2025$2,159 psf383

What Could Work Against You

  • Only 5 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 59 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: international school families, tertiary student housing, long-term hold (10+ yr) and short-term flippers (<5 yr). Reasonable access to one or more international school clusters via car or school bus.

For car-owning households and nature / park-fronting, it can work — but weigh the trade-offs before committing.

yield-focused investors should probably look elsewhere. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

THE HILLSHORE is a freehold development in District 5 (RCR), with 59 units.

At ~$2,338 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full THE HILLSHORE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing THE HILLSHORE against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (1.3 km away), an upgrader gap of about $1,450,000
  • Queenstown — 4-room average $1,002,705 (1.8 km away), an upgrader gap of about $1,300,000

FAQ

What is the average PSF for THE HILLSHORE?
The 12-month average is approximately $2,338 psf.
Is THE HILLSHORE freehold?
Yes, THE HILLSHORE is a freehold property.
What is the rental yield for THE HILLSHORE?
Insufficient rental data.
Which MRT is nearest to THE HILLSHORE?
The nearest is Haw Par Villa MRT at 510m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 9 transactions
  • Rental data: 0 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of May 2026

Latest recorded data point: May 2026 · 9 records analysed · Source: URA private-sale caveats

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