GISBORNE LIGHT Review

Condo Review 4 min read Last reviewed
District 10 · Freehold
Avg PSF (12-month)
17Total units
Category Ratings
Walkability
6.1
Investment
4.6
En-Bloc Potential
4.4
ShiokNest Score
5.3

Overview & Key Facts

GISBORNE LIGHT is a freehold condominium at EWE BOON ROAD in District 10 (CCR), developed by HOR KEW PTE LTD, comprising 17 units.

Developer
HOR KEW PTE LTD
Tenure
Freehold
Total units
17
TOP year
District
10 — CCR
Street
EWE BOON ROAD

Location & Connectivity

GISBORNE LIGHT is approximately 650m from Stevens MRT station, with 9 stations within 1.5 km.

MRT stations near GISBORNE LIGHT
StationLineDistance
StevensDowntown Line650m
StevensThomson-East Coast Line650m
NewtonNorth-South Line900m
NewtonDowntown Line900m
NapierThomson-East Coast Line1.3 km
OrchardNorth-South Line1.3 km

Schools & Education

16 schools within 2 km (5 within 1 km priority zone).

Schools near GISBORNE LIGHT
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary560m
Singapore Chinese Girls' School (Primary)Primary660m
ISS International School (Preston)International710m
ISS International School (Paterson)International780m
St. Anthony's Primary SchoolPrimary940m
St. Joseph's InstitutionSecondary1.1 km
Chatsworth International School (Orchard)International1.2 km
Nanyang Primary SchoolPrimary1.2 km

Market Position

GISBORNE LIGHT has recorded 3 sales at an average price of $2,126,667.

GISBORNE LIGHT sits at the 16th percentile of District 10 condo PSF.
Avg PSF (12mo)
$2,126,667
Avg Price
2.0%
Gross Yield
3
Total Sales

Price Appreciation

PSF trend for GISBORNE LIGHT
YearSalesAvg PSFYoY
20211$1,506 psf
20242$1,794 psf↑ 19.2%

Loading chart data...

Price Index Check

The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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.

Loading chart data...


Neighbourhood Comparison

District 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

What Could Work Against You

  • Only 0 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.
  • At 17 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, empty nesters / downsizers, mrt-walkable commuters and car-owning households. Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.

foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

en-bloc speculators should probably look elsewhere. Older site profile in an en-bloc-active cluster — speculative upside if collective sale activates.


Verdict

GISBORNE LIGHT is a freehold development in District 10 (CCR), with 17 units, offering a gross yield of 2.0%.

Explore the full GISBORNE LIGHT dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing GISBORNE LIGHT against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (1.6 km away), an upgrader gap of about $1,250,000

FAQ

What is the average PSF for GISBORNE LIGHT?
PSF data is not yet available.
Is GISBORNE LIGHT freehold?
Yes, GISBORNE LIGHT is a freehold property.
What is the rental yield for GISBORNE LIGHT?
The estimated gross yield is 2.0%.
Which MRT is nearest to GISBORNE LIGHT?
The nearest is Stevens MRT at 650m.

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: 3 transactions
  • Rental data: 30 leases
  • Source: URA REALIS

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

Data as of August 2024

Latest recorded data point: Aug 2024 · 3 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: