Overview & Key Facts
CARISSA PARK CONDOMINIUM is a freehold condominium at FLORA DRIVE in District 17 (OCR), developed by TRIPARTITE DEVELOPERS PTE LTD, comprising 528 units, completed in 2003.
Location & Connectivity
CARISSA PARK CONDOMINIUM is approximately 1050m from Tampines East MRT station.
| Station | Line | Distance |
|---|---|---|
| Tampines East | Downtown Line | 1.1 km |
Schools & Education
11 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| United World College of South East Asia (East) | International | 630m |
| Chongzheng Primary School | Primary | 1.2 km |
| Meridian Primary School | Primary | 1.5 km |
| Meridian Secondary School | Secondary | 1.6 km |
| Springfield Secondary School | Secondary | 1.6 km |
| Stamford American International School | International | 1.6 km |
| Angsana Primary School | Primary | 1.6 km |
| Elias Park Primary School | Primary | 1.7 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 6 | $1,224 psf | $768,648 |
| 2 BR | 28 | $1,122 psf | $1,050,528 |
| 3 BR | 53 | $1,083 psf | $1,336,377 |
| 4 BR | 9 | $1,054 psf | $1,678,889 |
| 5+ BR | 4 | $937 psf | $2,340,000 |
Market Position
CARISSA PARK CONDOMINIUM has recorded 100 sales at an average price of $1,293,246.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at CARISSA PARK CONDOMINIUM typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 1 BR | $2,528/mo | $768,648 | 3.95% |
| 2 BR | $2,953/mo | $1,050,528 | 3.37% |
| 3 BR | $3,594/mo | $1,336,377 | 3.23% |
| 4 BR | $4,065/mo | $1,678,889 | 2.91% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 24 | $924 psf | — |
| 2022 | 17 | $1,040 psf | ↑ 12.7% |
| 2023 | 8 | $1,058 psf | ↑ 1.7% |
| 2024 | 20 | $1,158 psf | ↑ 9.4% |
| 2025 | 18 | $1,199 psf | ↑ 3.6% |
| 2026 | 13 | $1,255 psf | ↑ 4.6% |
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CARISSA PARK CONDOMINIUM prices sit at a fresh series high after a 4.6% gain on the prior period, now 35.9% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 17 reads 148.0 as of June 2026. 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 |
|---|---|---|---|
| COASTAL CABANA | 99 years leasehold | $1,793 psf | 619 |
| THE JOVELL | 99 yrs lease commencing from 2018 | $1,395 psf | 271 |
| KASSIA | Freehold | $2,032 psf | 228 |
| HEDGES PARK CONDOMINIUM | 99 yrs lease commencing from 2010 | $1,154 psf | 196 |
| PARC KOMO | Freehold | $1,628 psf | 179 |
Best suited for
Who This Actually Suits
The profile fits car-owning households, international school families, long-term hold (10+ yr) and freehold / generational hold best. Parking and arterial road access matter more here than walking-distance MRT.
For yield-focused investors, it can work — but weigh the trade-offs before committing.
resort facilities should probably look elsewhere. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
CARISSA PARK CONDOMINIUM is a freehold development in District 17 (OCR), with 528 units, offering a gross yield of 3.0%.
At ~$1,223 psf, it represents a competitive entry point in the OCR segment.
Explore the full CARISSA PARK CONDOMINIUM dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CARISSA PARK CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for CARISSA PARK CONDOMINIUM?
Is CARISSA PARK CONDOMINIUM freehold?
What is the rental yield for CARISSA PARK CONDOMINIUM?
Which MRT is nearest to CARISSA PARK CONDOMINIUM?
Sources & Next Steps
- CARISSA PARK CONDOMINIUM Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 17 (Changi, Loyang) — District 17 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: 100 transactions
- Rental data: 614 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2026 · 100 records analysed · Source: URA private-sale caveats