Island View
Island View is a freehold condominium located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), part of the Rest of Central Region (RCR). The development was completed in 1984 and comprises 72 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
ISLAND VIEW
Over the 12 months to Feb 2026, Island View recorded 3 resale transactions at a median $1,357 psf (median price $4,880,000), and 18 rental contracts at a median $8,900/mo, a gross rental yield of 2.2%. Source: URA caveat data, as of Feb 2026.
Island View's median of $1,357 psf over the trailing 12 months places its pricing below roughly 70% of District 5 condos; resale liquidity has been limited with 3 caveats lodged; the 2.2% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Feb-26 | $4,880,000 | $1,357 psf | 3,595 sqft | 01 to 05 | 5BR |
| Jan-26 | $4,350,000 | $1,243 psf | 3,498 sqft | 01 to 05 | 5BR |
| Jul-25 | $5,150,000 | $1,472 psf | 3,498 sqft | 01 to 05 | 5BR |
| Jan-25 | $4,870,000 | $1,392 psf | 3,498 sqft | 01 to 05 | 5BR |
| Nov-24 | $4,800,000 | $1,372 psf | 3,498 sqft | 01 to 05 | 5BR |
| Jun-23 | $4,950,000 | $1,415 psf | 3,498 sqft | 01 to 05 | 5BR |
| Mar-23 | $4,600,000 | $1,315 psf | 3,498 sqft | 01 to 05 | 5BR |
| Feb-22 | $5,090,000 | $1,455 psf | 3,498 sqft | 01 to 05 | 5BR |
Can I afford Island View?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $4,880,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.