Overview & Key Facts
HARVEST MANSIONS is a 99 yrs lease commencing from 1993 condominium at HAVELOCK ROAD in District 3 (RCR), developed by SPRINGLEAF INVESTMENT PTE LTD, comprising 66 units, completed in 1999.
Location & Connectivity
HARVEST MANSIONS is approximately 210m from Havelock MRT station, with 9 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Havelock | Thomson-East Coast Line | 210m |
| Tiong Bahru | East-West Line | 660m |
| Great World | Thomson-East Coast Line | 680m |
| Outram Park | East-West Line | 1.4 km |
| Outram Park | North-East Line | 1.4 km |
| Outram Park | Thomson-East Coast Line | 1.4 km |
Schools & Education
12 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Gan Eng Seng School | Secondary | 600m |
| Gan Eng Seng Primary School | Primary | 650m |
| Kheng Cheng School | Primary | 650m |
| Outram Secondary School | Secondary | 800m |
| Fairfield Methodist School (Primary) | Primary | 920m |
| Henderson Secondary School | Secondary | 1.3 km |
| Cantonment Primary School | Primary | 1.3 km |
| River Valley Primary School | Primary | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 3 | $1,242 psf | $1,176,667 |
| 3 BR | 6 | $1,255 psf | $1,296,333 |
| 5+ BR | 1 | $1,298 psf | $2,570,000 |
Market Position
HARVEST MANSIONS has recorded 10 sales at an average price of $1,387,800.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at HARVEST MANSIONS typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,942/mo | $1,176,667 | 4.02% |
| 3 BR | $6,450/mo | $1,296,333 | 5.97% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 7 | $1,189 psf | — |
| 2022 | 1 | $1,447 psf | ↑ 21.8% |
| 2024 | 2 | $1,392 psf | ↓ 3.8% |
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HARVEST MANSIONS prices have cooled 3.8% from the 2022 peak, yet remain 17.1% above where the series began in 2021.
Price Index Check
The ShiokNest Price Index for District 3 reads 117.1 as of June 2026 — up 10.4% 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 |
|---|---|---|---|
| ZYON GRAND | 99 yrs lease commencing from 2024 | $3,056 psf | 635 |
| AVENUE SOUTH RESIDENCE | 99 yrs lease commencing from 2018 | $2,260 psf | 589 |
| STIRLING RESIDENCES | 99 yrs lease commencing from 2017 | $2,285 psf | 482 |
| PENRITH | 99 yrs lease commencing from 2024 | $2,796 psf | 452 |
| ONE PEARL BANK | 99 yrs lease commencing from 2019 | $2,569 psf | 431 |
Lease Analysis
With 66 years remaining on its 99-year lease, HARVEST MANSIONS still qualifies for full bank financing and CPF usage.
What Could Work Against You
- About 66 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
- Only 0 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.
- At 66 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: mrt-walkable commuters, yield-focused investors, en-bloc speculators and first-time hdb upgraders. Located ~214m from Havelock MRT, this property is a comfortable daily walk for transit commuters.
For young couples (no kids), it can work — but weigh the trade-offs before committing.
It is a weaker fit for long-term hold (10+ yr) and resort facilities — other options likely serve them better. Tenure and location resilience suit long-horizon ownership.
Verdict
HARVEST MANSIONS is a 99 yrs lease commencing from 1993 development in District 3 (RCR), with 66 units, offering a gross yield of 3.5%.
Explore the full HARVEST MANSIONS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HARVEST MANSIONS against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (90m away), an upgrader gap of about $500,000
- Central Area — 4-room average $1,088,814 (670m away), an upgrader gap of about $300,000
- Queenstown — 4-room average $1,002,705 (1.9 km away), an upgrader gap of about $400,000
FAQ
What is the average PSF for HARVEST MANSIONS?
Is HARVEST MANSIONS freehold?
What is the rental yield for HARVEST MANSIONS?
Which MRT is nearest to HARVEST MANSIONS?
Sources & Next Steps
- HARVEST MANSIONS Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 3 (Tiong Bahru, Queenstown) — District 3 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: 104 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Dec 2024 · 10 records analysed · Source: URA private-sale caveats