Overview & Key Facts
FERRARIA PARK CONDOMINIUM is a freehold condominium at FLORA DRIVE in District 17 (OCR), developed by FAR EAST LIGHTHOUSE PTE LTD, comprising 472 units, completed in 2017.
Location & Connectivity
FERRARIA PARK CONDOMINIUM is approximately 1110m 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 | 590m |
| Chongzheng Primary School | Primary | 1.2 km |
| Springfield Secondary School | Secondary | 1.6 km |
| Angsana Primary School | Primary | 1.6 km |
| Meridian Primary School | Primary | 1.7 km |
| Meridian Secondary School | Secondary | 1.7 km |
| Stamford American International School | International | 1.8 km |
| Elias Park Primary School | Primary | 1.9 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 7 | $1,175 psf | $774,286 |
| 2 BR | 29 | $1,116 psf | $1,007,513 |
| 3 BR | 65 | $1,150 psf | $1,274,392 |
| 4 BR | 13 | $1,155 psf | $1,769,761 |
Market Position
FERRARIA PARK CONDOMINIUM has recorded 114 sales at an average price of $1,232,283.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at FERRARIA PARK CONDOMINIUM typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 1 BR | $2,392/mo | $774,286 | 3.71% |
| 2 BR | $3,105/mo | $1,007,513 | 3.70% |
| 3 BR | $3,751/mo | $1,274,392 | 3.53% |
| 4 BR | $4,429/mo | $1,769,761 | 3.00% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 27 | $983 psf | — |
| 2022 | 17 | $1,090 psf | ↑ 10.9% |
| 2023 | 19 | $1,165 psf | ↑ 6.9% |
| 2024 | 24 | $1,222 psf | ↑ 4.9% |
| 2025 | 21 | $1,251 psf | ↑ 2.4% |
| 2026 | 6 | $1,256 psf | ↑ 0.3% |
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The latest reading marks the highest point in this series — FERRARIA PARK CONDOMINIUM prices have climbed 27.8% since 2021.
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, sports / active lifestyle and long-term hold (10+ yr) best. Parking and arterial road access matter more here than walking-distance MRT.
For quiet sanctuary seekers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for short-term flippers (<5 yr) — other options likely serve them better. TOP 2017 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
FERRARIA PARK CONDOMINIUM is a freehold development in District 17 (OCR), with 472 units, offering a gross yield of 3.2%.
At ~$1,252 psf, it represents a competitive entry point in the OCR segment.
Explore the full FERRARIA PARK CONDOMINIUM dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FERRARIA PARK CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for FERRARIA PARK CONDOMINIUM?
Is FERRARIA PARK CONDOMINIUM freehold?
What is the rental yield for FERRARIA PARK CONDOMINIUM?
Which MRT is nearest to FERRARIA PARK CONDOMINIUM?
Sources & Next Steps
- FERRARIA 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: 114 transactions
- Rental data: 436 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 114 records analysed · Source: URA private-sale caveats