Monterey Park Condominium
Monterey Park Condominium is a 999-year leasehold condominium in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), within Singapore's Outside Central Region (OCR). Completed in 2006, the development comprises 280 units, on a lease that commenced in 1885. Sale and rental figures on this page are compiled from URA transaction records.
MONTEREY PARK CONDOMINIUM
Over the 12 months to May 2026, Monterey Park Condominium recorded 4 resale transactions at a median $1,810 psf (median price $2,510,000), and 40 rental contracts at a median $5,200/mo, a gross rental yield of 2.5%. Source: URA caveat data, as of May 2026.
Monterey Park Condominium's median of $1,810 psf over the trailing 12 months places its pricing above roughly 53% of District 5 condos; resale liquidity has been limited with 4 caveats lodged; the 2.5% 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 |
|---|---|---|---|---|---|
| May-26 | $1,860,000 | $1,819 psf | 1,023 sqft | 06 to 10 | 3BR |
| May-26 | $2,500,000 | $1,829 psf | 1,367 sqft | 06 to 10 | 4BR |
| Feb-26 | $2,560,000 | $1,802 psf | 1,421 sqft | 06 to 10 | 4BR |
| Dec-25 | $2,520,000 | $1,482 psf | 1,701 sqft | 01 to 05 | 4BR |
| Apr-25 | $2,460,000 | $1,873 psf | 1,313 sqft | 06 to 10 | 3BR |
| Apr-25 | $2,538,000 | $1,828 psf | 1,389 sqft | 11 to 15 | 4BR |
| Jan-25 | $2,500,000 | $1,760 psf | 1,421 sqft | 06 to 10 | 4BR |
| Nov-24 | $2,450,000 | $1,792 psf | 1,367 sqft | 06 to 10 | 4BR |
Can I afford Monterey Park Condominium?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,510,000.
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.