Overview & Key Facts
HARBOUR VIEW GARDENS is a freehold condominium at PASIR PANJANG ROAD in District 5 (RCR), developed by WELCOME REALTY, comprising 57 units, completed in 1985.
Location & Connectivity
HARBOUR VIEW GARDENS is approximately 540m from Haw Par Villa MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Haw Par Villa | Circle Line | 540m |
| Pasir Panjang | Circle Line | 710m |
Schools & Education
1 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 8 | $1,950 psf | $1,251,250 |
| 2 BR | 2 | $1,835 psf | $1,520,000 |
Market Position
HARBOUR VIEW GARDENS has recorded 10 sales at an average price of $1,305,000.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2023 | 3 | $1,972 psf | — |
| 2024 | 3 | $1,853 psf | ↓ 6.0% |
| 2025 | 2 | $1,935 psf | ↑ 4.4% |
| 2026 | 2 | $1,961 psf | ↑ 1.3% |
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The series remains near its 2023 high — HARBOUR VIEW GARDENS prices sit 0.6% below where they began in 2023.
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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | $1,856 psf | 6215 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | $1,868 psf | 1431 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | $1,896 psf | 1426 |
| ELTA | 99 yrs lease commencing from 2024 | $2,558 psf | 412 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | $2,159 psf | 383 |
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.
- The 57-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 41+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
This is a strong match for car-owning households, yield-focused investors, long-term hold (10+ yr) and freehold / generational hold. Parking and arterial road access matter more here than walking-distance MRT.
international school families should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for short-term flippers (<5 yr) and resort facilities — other options likely serve them better. TOP 1985 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
HARBOUR VIEW GARDENS is a freehold development in District 5 (RCR), with 57 units, offering a gross yield of 3.7%.
At ~$1,948 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full HARBOUR VIEW GARDENS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HARBOUR VIEW GARDENS against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (590m away), an upgrader gap of about $400,000
FAQ
What is the average PSF for HARBOUR VIEW GARDENS?
Is HARBOUR VIEW GARDENS freehold?
What is the rental yield for HARBOUR VIEW GARDENS?
Which MRT is nearest to HARBOUR VIEW GARDENS?
Sources & Next Steps
- HARBOUR VIEW GARDENS Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) — District 5 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 10 transactions
- Rental data: 103 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 10 records analysed · Source: URA private-sale caveats