Pasir View Park
Pasir View Park is a freehold condominium located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), part of the Rest of Central Region (RCR). Completed in 1994, the development comprises 80 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
PASIR VIEW PARK is a freehold condominium at PASIR PANJANG ROAD in District 5 (RCR), developed by DARFERA PTE LTD (CITY DEVELOPMENTS LTD), comprising 80 units, completed in 1994.
Location & Connectivity
PASIR VIEW PARK is approximately 500m from Pasir Panjang MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Pasir Panjang | Circle Line | 500m |
| Haw Par Villa | Circle Line | 730m |
Schools & Education
2 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.5 km |
| Alexandra Primary School | Primary | 2 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 7 | $1,501 psf | $1,859,286 |
| 4 BR | 4 | $1,473 psf | $2,187,500 |
Market Position
PASIR VIEW PARK has recorded 11 sales at an average price of $1,978,636.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at PASIR VIEW PARK typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 3 BR | $4,327/mo | $1,859,286 | 2.79% | $233/mo |
| 4 BR | $4,962/mo | $2,187,500 | 2.72% | $227/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,353 psf | — |
| 2022 | 3 | $1,429 psf | ↑ 5.6% |
| 2024 | 3 | $1,594 psf | ↑ 11.6% |
| 2025 | 1 | $1,536 psf | ↓ 3.7% |
| 2026 | 2 | $1,543 psf | ↑ 0.5% |
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PASIR VIEW PARK prices have cooled 3.2% from the 2024 peak, yet remain 14.1% above where the series began in 2021.
Price Index Check
The ShiokNest Price Index for District 5 reads 134.8 as of June 2026 — down 5.5% 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | $1,858 psf | 6241 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | $1,868 psf | 1433 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | $1,896 psf | 1428 |
| ELTA | 99 yrs lease commencing from 2024 | $2,557 psf | 413 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | $2,159 psf | 384 |
What Could Work Against You
- Only 3 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.
- Completed in 1994, the development is over 32 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
The profile fits empty nesters / downsizers, mrt-walkable commuters, tertiary student housing and long-term hold (10+ yr) best. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
For yield-focused investors, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 1994 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
PASIR VIEW PARK is a freehold development in District 5 (RCR), with 80 units, offering a gross yield of 2.6%.
At ~$1,541 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full PASIR VIEW PARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PASIR VIEW PARK against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (1.9 km away), an upgrader gap of about $1,100,000
FAQ
What is the average PSF for PASIR VIEW PARK?
Is PASIR VIEW PARK freehold?
What is the rental yield for PASIR VIEW PARK?
Which MRT is nearest to PASIR VIEW PARK?
Sources & Next Steps
- PASIR VIEW PARK Dashboard — Live charts and analytics
- URA — Official transaction data
- District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) — District 5 neighbourhood guide
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
- Rental data: 86 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Feb 2026 · 11 records analysed · Source: URA private-sale caveats