GREENBANK PARK Review

Condo Review 4 min read Last reviewed
District 21 · Freehold
~$1,618Avg PSF (12-month)
Total units
Category Ratings
Walkability
0.8
Investment
2.1
En-Bloc Potential
2.2
ShiokNest Score
3.4

Overview & Key Facts

GREENBANK PARK is a freehold condominium at GREENBANK PARK in District 21 (RCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
21 — RCR
Street
GREENBANK PARK

Location & Connectivity

GREENBANK PARK is approximately 1390m from King Albert Park MRT station, with 2 stations within 1.5 km.

MRT stations near GREENBANK PARK
StationLineDistance
King Albert ParkDowntown Line1.4 km
Beauty WorldDowntown Line1.5 km

Schools & Education

1 schools within 2 km.

Schools near GREENBANK PARK
SchoolTypeDistance
Anglo-Chinese Junior CollegeJc1.7 km

Market Position

GREENBANK PARK has recorded 5 sales at an average price of $8,096,180.

GREENBANK PARK sits at the 77th percentile of District 21 condo PSF.
$1,618 psf
Avg PSF (12mo)
$8,096,180
Avg Price
1.6%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for GREENBANK PARK
YearSalesAvg PSFYoY
20211$1,196 psf
20221$2,487 psf↑ 108.0%
20231$2,248 psf↓ 9.6%
20241$2,557 psf↑ 13.7%
20261$1,618 psf↓ 36.7%

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GREENBANK PARK prices have cooled 36.7% from the 2024 peak, yet remain 35.3% above where the series began in 2021.

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 1 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 multi-generational families, nature / park-fronting and freehold / generational hold best. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for sports / active lifestyle and yield-focused investors — other options likely serve them better. Proximity to PCN, reservoirs, or parks supports a runner/cyclist/swimmer lifestyle.


Verdict

GREENBANK PARK is a freehold development in District 21 (RCR), offering a gross yield of 1.6%.

At ~$1,618 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full GREENBANK PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (1.2 km away), an upgrader gap of about $7,200,000
  • Bukit Timah — 4-room average $846,049 (1.7 km away), an upgrader gap of about $7,250,000

FAQ

What is the average PSF for GREENBANK PARK?
The 12-month average is approximately $1,618 psf.
Is GREENBANK PARK freehold?
Yes, GREENBANK PARK is a freehold property.
What is the rental yield for GREENBANK PARK?
The estimated gross yield is 1.6%.
Which MRT is nearest to GREENBANK PARK?
The nearest is King Albert Park MRT at 1.4 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: 22 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 · 5 records analysed · Source: URA private-sale caveats

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