HAPPY PARK Review

Condo Review 4 min read Last reviewed
District 20 · Freehold
~$1,907Avg PSF (12-month)
Total units
Category Ratings
Walkability
4.8
Investment
3.8
En-Bloc Potential
1.7
ShiokNest Score
2.5

Overview & Key Facts

HAPPY PARK is a freehold condominium at THOMSON WALK in District 20 (OCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
20 — OCR
Street
THOMSON WALK

Location & Connectivity

HAPPY PARK is approximately 740m from Mayflower MRT station, with 3 stations within 1.5 km.

MRT stations near HAPPY PARK
StationLineDistance
MayflowerThomson-East Coast Line740m
LentorThomson-East Coast Line890m
Yio Chu KangNorth-South Line1.4 km

Schools & Education

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

Schools near HAPPY PARK
SchoolTypeDistance
Mayflower Primary SchoolPrimary520m
Jing Shan Primary SchoolPrimary730m
Peirce Secondary SchoolSecondary790m
Ang Mo Kio Secondary SchoolSecondary830m
Ang Mo Kio Primary SchoolPrimary880m
Singapore American SchoolInternational1 km
Yio Chu Kang Primary SchoolPrimary1.1 km
Yio Chu Kang Secondary SchoolSecondary1.2 km

Market Position

HAPPY PARK has recorded 2 sales at an average price of $4,625,000.

HAPPY PARK sits at the 72nd percentile of District 20 condo PSF.
$1,907 psf
Avg PSF (12mo)
$4,625,000
Avg Price
1.8%
Gross Yield
2
Total Sales

Price Appreciation

PSF trend for HAPPY PARK
YearSalesAvg PSFYoY
20231$1,800 psf
20251$1,907 psf↑ 6.0%

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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 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

Buyers most likely to be happy here: nature / park-fronting, long-term hold (10+ yr) and freehold / generational hold. Direct or near-direct park/nature frontage adds liveability that's locked in by URA Master Plan zoning.

For car-owning households and international school families, it can work — but weigh the trade-offs before committing.

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

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

HAPPY PARK is a freehold development in District 20 (OCR), offering a gross yield of 1.8%.

At ~$1,907 psf, it represents a competitive entry point in the OCR segment.

Explore the full HAPPY PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Ang Mo Kio — 4-room average $724,816 (310m away), an upgrader gap of about $3,900,000
  • Bishan — 4-room average $791,445 (1.5 km away), an upgrader gap of about $3,850,000

FAQ

What is the average PSF for HAPPY PARK?
The 12-month average is approximately $1,907 psf.
Is HAPPY PARK freehold?
Yes, HAPPY PARK is a freehold property.
What is the rental yield for HAPPY PARK?
The estimated gross yield is 1.8%.
Which MRT is nearest to HAPPY PARK?
The nearest is Mayflower MRT at 740m.

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: 2 transactions
  • Rental data: 1 leases
  • Source: URA REALIS

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

Data as of October 2025

Latest recorded data point: Oct 2025 · 2 records analysed · Source: URA private-sale caveats

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