GRAMERCY PARK Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 2016
~$2,756Avg PSF (12-month)
174Total units
Category Ratings
Walkability
7.8
Investment
5.9
En-Bloc Potential
4.0
ShiokNest Score
5.7

Overview & Key Facts

GRAMERCY PARK is a freehold condominium at GRANGE ROAD in District 10 (CCR), developed by ASTON PROPERTIES PTE LTD, comprising 174 units, completed in 2016.

Developer
ASTON PROPERTIES PTE LTD
Tenure
Freehold
Total units
174
TOP year
2016
District
10 — CCR
Street
GRANGE ROAD

Location & Connectivity

GRAMERCY PARK is approximately 660m from Orchard Boulevard MRT station, with 8 stations within 1.5 km.

MRT stations near GRAMERCY PARK
StationLineDistance
Orchard BoulevardThomson-East Coast Line660m
OrchardNorth-South Line830m
OrchardThomson-East Coast Line830m
Great WorldThomson-East Coast Line890m
NapierThomson-East Coast Line1 km
HavelockThomson-East Coast Line1.3 km

Schools & Education

18 schools within 2 km (4 within 1 km priority zone).

Schools near GRAMERCY PARK
SchoolTypeDistance
Tanglin Secondary SchoolSecondary860m
Chatsworth International School (Orchard)International860m
Kheng Cheng SchoolPrimary940m
CHIJ (Kellock)Primary1 km
River Valley Primary SchoolPrimary1 km
Gan Eng Seng Primary SchoolPrimary1.1 km
Gan Eng Seng SchoolSecondary1.1 km
ISS International School (Paterson)International1.2 km

Unit Mix & Pricing

Unit mix for GRAMERCY PARK
TypeSalesAvg PSFAvg Price
3 BR2$2,846 psf$3,615,000
5+ BR9$3,031 psf$7,132,000

Market Position

GRAMERCY PARK has recorded 11 sales at an average price of $6,492,545.

GRAMERCY PARK sits at the 89th percentile of District 10 condo PSF.
$2,756 psf
Avg PSF (12mo)
$6,492,545
Avg Price
2.1%
Gross Yield
11
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at GRAMERCY PARK
TypeAvg RentAvg PriceGross Yield
3 BR$11,852/mo$3,615,0003.93%
5 BR$20,000/mo$7,132,0003.37%

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Price Appreciation

PSF trend for GRAMERCY PARK
YearSalesAvg PSFYoY
20212$3,065 psf
20222$3,289 psf↑ 7.3%
20231$3,625 psf↑ 10.2%
20241$2,858 psf↓ 21.2%
20254$2,841 psf↓ 0.6%
20261$2,415 psf↓ 15.0%

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From the 2023 high, GRAMERCY PARK prices have given back 33.4% — still 21.2% below the 2021 baseline.

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.

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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

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

The profile fits car-owning households, long-term hold (10+ yr), freehold / generational hold and foreign / absd-aware buyers best. At ~661m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

It is a weaker fit for yield-focused investors and short-term flippers (<5 yr) — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

GRAMERCY PARK is a freehold development in District 10 (CCR), with 174 units, offering a gross yield of 2.1%.

At ~$2,756 psf, it reflects its premium CCR positioning.

Explore the full GRAMERCY PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Merah — 4-room average $894,787 (740m away), an upgrader gap of about $5,600,000
  • Queenstown — 4-room average $1,002,705 (1.5 km away), an upgrader gap of about $5,500,000
  • Central Area — 4-room average $1,088,814 (1.7 km away), an upgrader gap of about $5,400,000

FAQ

What is the average PSF for GRAMERCY PARK?
The 12-month average is approximately $2,756 psf.
Is GRAMERCY PARK freehold?
Yes, GRAMERCY PARK is a freehold property.
What is the rental yield for GRAMERCY PARK?
The estimated gross yield is 2.1%.
Which MRT is nearest to GRAMERCY PARK?
The nearest is Orchard Boulevard MRT at 660m.

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: 11 transactions
  • Rental data: 217 leases
  • Source: URA REALIS

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

Data as of January 2026

Latest recorded data point: Jan 2026 · 11 records analysed · Source: URA private-sale caveats

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