GOLDENHILL PARK CONDOMINIUM Review

Condo Review 5 min read Last reviewed
District 20 · Freehold · Completed 2004
~$2,299Avg PSF (12-month)
390Total units
Category Ratings
Walkability
5.5
Investment
6.1
En-Bloc Potential
3.7
ShiokNest Score
5.1

Overview & Key Facts

GOLDENHILL PARK CONDOMINIUM is a freehold condominium at MEI HWAN DRIVE in District 20 (OCR), developed by CITY DEVELOPMENTS LTD, comprising 390 units, completed in 2004.

Developer
CITY DEVELOPMENTS LTD
Tenure
Freehold
Total units
390
TOP year
2004
District
20 — OCR
Street
MEI HWAN DRIVE

Location & Connectivity

GOLDENHILL PARK CONDOMINIUM is approximately 220m from Lorong Chuan MRT station, with 5 stations within 1.5 km.

MRT stations near GOLDENHILL PARK CONDOMINIUM
StationLineDistance
Lorong ChuanCircle Line220m
SerangoonNorth-East Line1.3 km
SerangoonCircle Line1.3 km
BishanNorth-South Line1.5 km
BishanCircle Line1.5 km

Schools & Education

20 schools within 2 km (2 within 1 km priority zone).

Schools near GOLDENHILL PARK CONDOMINIUM
SchoolTypeDistance
Maris Stella High School (Primary)Primary630m
Maris Stella High SchoolSecondary630m
Bowen Secondary SchoolSecondary1.2 km
Yuying Secondary SchoolSecondary1.3 km
Ai Tong SchoolPrimary1.3 km
Serangoon Secondary SchoolSecondary1.4 km
Serangoon Garden Secondary SchoolSecondary1.5 km
Cedar Primary SchoolPrimary1.5 km

Unit Mix & Pricing

Unit mix for GOLDENHILL PARK CONDOMINIUM
TypeSalesAvg PSFAvg Price
2 BR4$2,026 psf$1,885,000
3 BR18$1,975 psf$2,616,566
4 BR7$1,988 psf$3,074,286
5+ BR2$1,421 psf$4,160,000

Market Position

GOLDENHILL PARK CONDOMINIUM has recorded 31 sales at an average price of $2,725,103.

GOLDENHILL PARK CONDOMINIUM sits at the 75th percentile of District 20 condo PSF.
$2,299 psf
Avg PSF (12mo)
$2,725,103
Avg Price
2.3%
Gross Yield
31
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at GOLDENHILL PARK CONDOMINIUM typically rent harder per dollar of purchase price:

Per-bedroom gross yield at GOLDENHILL PARK CONDOMINIUM
TypeAvg RentAvg PriceGross Yield
2 BR$3,960/mo$1,885,0002.52%
3 BR$5,205/mo$2,616,5662.39%
4 BR$6,461/mo$3,074,2862.52%

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Price Appreciation

PSF trend for GOLDENHILL PARK CONDOMINIUM
YearSalesAvg PSFYoY
20219$1,606 psf
20226$1,809 psf↑ 12.6%
20233$1,963 psf↑ 8.5%
20246$2,185 psf↑ 11.3%
20256$2,264 psf↑ 3.6%
20261$2,513 psf↑ 11.0%

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GOLDENHILL PARK CONDOMINIUM prices sit at a fresh series high after a 11.0% gain on the prior period, now 56.5% above the 2021 starting level.

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

What Could Work Against You

  • Only 7 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

The profile fits mrt-walkable commuters, p1 school balloting families, international school families and long-term hold (10+ yr) best. Located ~224m from Lorong Chuan MRT, this property is a comfortable daily walk for transit commuters.

en-bloc speculators, foreign / absd-aware buyers and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.

yield-focused investors should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

GOLDENHILL PARK CONDOMINIUM is a freehold development in District 20 (OCR), with 390 units, offering a gross yield of 2.3%.

At ~$2,299 psf, it represents a competitive entry point in the OCR segment.

Explore the full GOLDENHILL PARK CONDOMINIUM dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing GOLDENHILL PARK CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:

  • Serangoon — 4-room average $685,706 (340m away), an upgrader gap of about $2,050,000
  • Bishan — 4-room average $791,445 (770m away), an upgrader gap of about $1,950,000
  • Ang Mo Kio — 4-room average $724,816 (1.2 km away), an upgrader gap of about $2,000,000

FAQ

What is the average PSF for GOLDENHILL PARK CONDOMINIUM?
The 12-month average is approximately $2,299 psf.
Is GOLDENHILL PARK CONDOMINIUM freehold?
Yes, GOLDENHILL PARK CONDOMINIUM is a freehold property.
What is the rental yield for GOLDENHILL PARK CONDOMINIUM?
The estimated gross yield is 2.3%.
Which MRT is nearest to GOLDENHILL PARK CONDOMINIUM?
The nearest is Lorong Chuan MRT at 220m.

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: 411 leases
  • Source: URA REALIS

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

Data as of March 2026

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

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