GOLDEN RISE ESTATE Review

Condo Review 4 min read Last reviewed
District 21 · Freehold
~$1,851Avg PSF (12-month)
Total units
Category Ratings
Walkability
3.0
Investment
2.6
En-Bloc Potential
2.2
ShiokNest Score
3.8

Overview & Key Facts

GOLDEN RISE ESTATE is a freehold condominium at KISMIS PLACE in District 21 (RCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
21 — RCR
Street
KISMIS PLACE

Location & Connectivity

GOLDEN RISE ESTATE is approximately 1300m from Beauty World MRT station.

MRT stations near GOLDEN RISE ESTATE
StationLineDistance
Beauty WorldDowntown Line1.3 km

Schools & Education

8 schools within 2 km.

Schools near GOLDEN RISE ESTATE
SchoolTypeDistance
Ngee Ann PolytechnicTertiary1.2 km
Anglo-Chinese Junior CollegeJc1.2 km
Nan Hua High SchoolSecondary1.4 km
Singapore University of Social SciencesTertiary1.4 km
Henry Park Primary SchoolPrimary1.5 km
One World International School (Nanyang)International1.6 km
Nan Hua Primary SchoolPrimary1.7 km
Pei Tong Primary SchoolPrimary2 km

Market Position

GOLDEN RISE ESTATE has recorded 5 sales at an average price of $5,017,600.

GOLDEN RISE ESTATE sits at the 62nd percentile of District 21 condo PSF.
$1,851 psf
Avg PSF (12mo)
$5,017,600
Avg Price
1.4%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for GOLDEN RISE ESTATE
YearSalesAvg PSFYoY
20222$1,897 psf
20232$1,703 psf↓ 10.2%
20251$1,851 psf↑ 8.7%

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GOLDEN RISE ESTATE prices have cooled 2.4% from the 2022 peak, yet remain 2.4% below where the series began in 2022. The most recent period recovered 8.7%, so the pullback may be finding a floor.

Price Index Check

The ShiokNest Price Index for District 21 reads 114.8 as of June 2026 — down 6.0% 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 21 competitors
CondoTenureAvg PSFSales
THE RESERVE RESIDENCES99 yrs lease commencing from 2021$2,494 psf723
NAVA GROVE99 yrs lease commencing from 2024$2,493 psf550
PINETREE HILL99 yrs lease commencing from 2022$2,486 psf519
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 1885$1,956 psf485
FORETT@BUKIT TIMAHFreehold$2,131 psf358

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.

Who This Actually Suits

Buyers most likely to be happy here: multi-generational families, long-term hold (10+ yr) and freehold / generational hold. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

For car-owning households and yield-focused investors, it can work — but weigh the trade-offs before committing.

sports / active lifestyle should probably look elsewhere. Proximity to PCN, reservoirs, or parks supports a runner/cyclist/swimmer lifestyle.


Verdict

GOLDEN RISE ESTATE is a freehold development in District 21 (RCR), offering a gross yield of 1.4%.

At ~$1,851 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full GOLDEN RISE ESTATE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing GOLDEN RISE ESTATE against staying public? These HDB towns sit within walking or short-drive distance:

  • Central Area — 4-room average $1,088,814 (440m away), an upgrader gap of about $3,950,000
  • Bukit Timah — 4-room average $846,049 (710m away), an upgrader gap of about $4,150,000
  • Bukit Batok — 4-room average $626,224 (1.1 km away), an upgrader gap of about $4,400,000

FAQ

What is the average PSF for GOLDEN RISE ESTATE?
The 12-month average is approximately $1,851 psf.
Is GOLDEN RISE ESTATE freehold?
Yes, GOLDEN RISE ESTATE is a freehold property.
What is the rental yield for GOLDEN RISE ESTATE?
The estimated gross yield is 1.4%.
Which MRT is nearest to GOLDEN RISE ESTATE?
The nearest is Beauty World MRT at 1.3 km.

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: 5 transactions
  • Rental data: 24 leases
  • Source: URA REALIS

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

Data as of April 2025

Latest recorded data point: Apr 2025 · 5 records analysed · Source: URA private-sale caveats

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