HARBOUR RESIDENCES Review

Condo Review 4 min read Last reviewed
District 5 · Freehold · Completed 2024
~$2,762Avg PSF (12-month)
6Total units
Category Ratings
Walkability
4.7
Investment
5.9
En-Bloc Potential
3.9
ShiokNest Score
5.5

Overview & Key Facts

HARBOUR RESIDENCES is a freehold condominium at PASIR PANJANG ROAD in District 5 (RCR), developed by White Hills Development Pte Ltd, comprising 6 units, completed in 2024.

Developer
White Hills Development Pte Ltd
Tenure
Freehold
Total units
6
TOP year
2024
District
5 — RCR
Street
PASIR PANJANG ROAD

Location & Connectivity

HARBOUR RESIDENCES is approximately 590m from Haw Par Villa MRT station, with 2 stations within 1.5 km.

MRT stations near HARBOUR RESIDENCES
StationLineDistance
Haw Par VillaCircle Line590m
Kent RidgeCircle Line960m

Schools & Education

3 schools within 2 km.

Schools near HARBOUR RESIDENCES
SchoolTypeDistance
National University of SingaporeTertiary1.1 km
Dulwich College (Singapore)International1.3 km
Dover Court International SchoolInternational2 km

Market Position

HARBOUR RESIDENCES has recorded 6 sales at an average price of $6,488,000.

HARBOUR RESIDENCES sits at the 99th percentile of District 5 condo PSF.
$2,762 psf
Avg PSF (12mo)
$6,488,000
Avg Price
6
Total Sales

Price Appreciation

PSF trend for HARBOUR RESIDENCES
YearSalesAvg PSFYoY
20241$2,311 psf
20253$2,876 psf↑ 24.5%
20262$2,592 psf↓ 9.9%

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From the 2025 high, HARBOUR RESIDENCES prices have given back 9.9% — still 12.2% above the 2024 baseline.

Price Index Check

The ShiokNest Price Index for District 5 reads 136.5 as of June 2026 — down 4.3% 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 5 competitors
CondoTenureAvg PSFSales
LANDED HOUSING DEVELOPMENTFreehold$1,856 psf6215
NORMANTON PARK99 yrs lease commencing from 2019$1,868 psf1431
PARC CLEMATIS99 yrs lease commencing from 2019$1,896 psf1426
ELTA99 yrs lease commencing from 2024$2,558 psf412
FABER RESIDENCE99 yrs lease commencing from 2025$2,159 psf383

What Could Work Against You

  • With just 5 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 6-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

Buyers most likely to be happy here: multi-generational families, car-owning households, international school families and tertiary student housing. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

yield-focused investors should probably look elsewhere. RCR (Rest of 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

HARBOUR RESIDENCES is a freehold development in District 5 (RCR), with 6 units.

At ~$2,762 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full HARBOUR RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (1.4 km away), an upgrader gap of about $5,600,000
  • Queenstown — 4-room average $1,002,705 (1.8 km away), an upgrader gap of about $5,500,000

FAQ

What is the average PSF for HARBOUR RESIDENCES?
The 12-month average is approximately $2,762 psf.
Is HARBOUR RESIDENCES freehold?
Yes, HARBOUR RESIDENCES is a freehold property.
What is the rental yield for HARBOUR RESIDENCES?
Insufficient rental data.
Which MRT is nearest to HARBOUR RESIDENCES?
The nearest is Haw Par Villa MRT at 590m.

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: 6 transactions
  • Rental data: 0 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 6 records analysed · Source: URA private-sale caveats

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