FAR HORIZON GARDENS Review

Condo Review 5 min read Last reviewed
District 20 · 99 yrs lease commencing from 1982 · Completed 1987
~$1,109Avg PSF (12-month)
270Total units
Category Ratings
Walkability
5.2
Investment
6.1
En-Bloc Potential
6.3
ShiokNest Score
4.8

Overview & Key Facts

FAR HORIZON GARDENS is a 99 yrs lease commencing from 1982 condominium at ANG MO KIO AVENUE 9 in District 20 (OCR), developed by FAR HORIZON CONSTRUCTION ENGINEERING PTE LTD, comprising 270 units, completed in 1987.

Developer
FAR HORIZON CONSTRUCTION ENGINEERING PTE LTD
Tenure
99 yrs lease commencing from 1982
Total units
270
TOP year
1987
District
20 — OCR
Street
ANG MO KIO AVENUE 9
Lease remaining
~55 years (of 99)

Location & Connectivity

FAR HORIZON GARDENS is approximately 300m from Lentor MRT station, with 3 stations within 1.5 km.

MRT stations near FAR HORIZON GARDENS
StationLineDistance
LentorThomson-East Coast Line300m
Yio Chu KangNorth-South Line720m
MayflowerThomson-East Coast Line1.3 km

Schools & Education

13 schools within 2 km.

Schools near FAR HORIZON GARDENS
SchoolTypeDistance
Yio Chu Kang Primary SchoolPrimary1 km
Mayflower Primary SchoolPrimary1 km
Yio Chu Kang Secondary SchoolSecondary1.1 km
Ang Mo Kio Secondary SchoolSecondary1.2 km
Ang Mo Kio Primary SchoolPrimary1.2 km
Nanyang PolytechnicTertiary1.2 km
Singapore American SchoolInternational1.3 km
Institute of Technical Education (College Central)Tertiary1.4 km

Unit Mix & Pricing

Unit mix for FAR HORIZON GARDENS
TypeSalesAvg PSFAvg Price
3 BR14$1,032 psf$1,211,357
4 BR3$1,020 psf$1,416,667
5+ BR14$1,080 psf$2,238,992

Market Position

FAR HORIZON GARDENS has recorded 31 sales at an average price of $1,695,319.

FAR HORIZON GARDENS sits at the 9th percentile of District 20 condo PSF.
$1,109 psf
Avg PSF (12mo)
$1,695,319
Avg Price
2.6%
Gross Yield
31
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at FAR HORIZON GARDENS typically rent harder per dollar of purchase price:

Per-bedroom gross yield at FAR HORIZON GARDENS
TypeAvg RentAvg PriceGross Yield
3 BR$4,617/mo$1,211,3574.57%
4 BR$6,113/mo$1,416,6675.18%

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Price Appreciation

PSF trend for FAR HORIZON GARDENS
YearSalesAvg PSFYoY
20214$890 psf
20224$978 psf↑ 9.9%
20234$1,077 psf↑ 10.1%
20246$1,071 psf↓ 0.5%
202511$1,126 psf↑ 5.2%
20262$1,016 psf↓ 9.7%

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From the 2025 high, FAR HORIZON GARDENS prices have given back 9.7% — still 14.3% above the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 20 reads 143.5 as of June 2026 — up 4.6% 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 20 competitors
CondoTenureAvg PSFSales
AMO RESIDENCE99 yrs lease commencing from 2021$2,152 psf409
JADESCAPE99 yrs lease commencing from 2018$2,107 psf386
THE PANORAMA99 yrs lease commencing from 2013$1,845 psf222
SEMBAWANG HILLS ESTATEFreehold$1,951 psf176
SKY VUE99-year leasehold$1,973 psf171

Lease Analysis

With 55 years remaining on its 99-year lease, buyers should note CPF usage and loan tenure may be restricted.

What Could Work Against You

  • The lease has about 55 years remaining — below the 60-year mark where CPF and bank-loan limits start narrowing the resale market.
  • With just 7 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • At 39+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

The profile fits mrt-walkable commuters and long-term hold (10+ yr) best. Located ~303m from Lentor MRT, this property is a comfortable daily walk for transit commuters.

yield-focused investors and en-bloc speculators should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for cpf-only buyers — other options likely serve them better. Lease-remaining profile affects CPF usage caps — verify against the 60-year CPF Board threshold.


Verdict

FAR HORIZON GARDENS is a 99 yrs lease commencing from 1982 development in District 20 (OCR), with 270 units, offering a gross yield of 2.6%.

At ~$1,109 psf, it represents a competitive entry point in the OCR segment.

Explore the full FAR HORIZON GARDENS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing FAR HORIZON GARDENS against staying public? These HDB towns sit within walking or short-drive distance:

  • Ang Mo Kio — 4-room average $724,816 (130m away), an upgrader gap of about $950,000

FAQ

What is the average PSF for FAR HORIZON GARDENS?
The 12-month average is approximately $1,109 psf.
Is FAR HORIZON GARDENS freehold?
FAR HORIZON GARDENS has a 99 yrs lease commencing from 1982 tenure with ~55 years remaining.
What is the rental yield for FAR HORIZON GARDENS?
The estimated gross yield is 2.6%.
Which MRT is nearest to FAR HORIZON GARDENS?
The nearest is Lentor MRT at 300m.

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: 31 transactions
  • Rental data: 167 leases
  • Source: URA REALIS

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

Data as of April 2026

Latest recorded data point: Apr 2026 · 31 records analysed · Source: URA private-sale caveats

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