HAWAII TOWER Review

Condo Review 5 min read Last reviewed
District 15 · Freehold · Completed 1984
~$1,824Avg PSF (12-month)
135Total units
Category Ratings
Walkability
4.5
Investment
4.0
En-Bloc Potential
6.3
ShiokNest Score
5.3

Overview & Key Facts

HAWAII TOWER is a freehold condominium at MEYER ROAD in District 15 (RCR), developed by GMG REALTIES PTE LTD, comprising 135 units, completed in 1984.

Developer
GMG REALTIES PTE LTD
Tenure
Freehold
Total units
135
TOP year
1984
District
15 — RCR
Street
MEYER ROAD

Location & Connectivity

HAWAII TOWER is approximately 560m from Katong Park MRT station, with 4 stations within 1.5 km.

MRT stations near HAWAII TOWER
StationLineDistance
Katong ParkThomson-East Coast Line560m
Tanjong KatongThomson-East Coast Line940m
DakotaCircle Line1.3 km
MountbattenCircle Line1.3 km

Schools & Education

11 schools within 2 km.

Schools near HAWAII TOWER
SchoolTypeDistance
Tanjong Katong Primary SchoolPrimary1.4 km
Tao Nan SchoolPrimary1.5 km
CHIJ (Katong) PrimaryPrimary1.6 km
One World International School (Mountbatten)International1.6 km
Haig Girls' SchoolPrimary1.6 km
Broadrick Secondary SchoolSecondary1.7 km
EtonHouse International School (Broadrick)International1.7 km
Canadian International School (Tanjong Katong)International1.8 km

Market Position

HAWAII TOWER has recorded 9 sales at an average price of $3,917,778.

HAWAII TOWER sits at the 71st percentile of District 15 condo PSF.
$1,824 psf
Avg PSF (12mo)
$3,917,778
Avg Price
1.9%
Gross Yield
9
Total Sales

Price Appreciation

PSF trend for HAWAII TOWER
YearSalesAvg PSFYoY
20213$1,657 psf
20222$1,760 psf↑ 6.2%
20241$1,787 psf↑ 1.5%
20252$1,887 psf↑ 5.6%
20261$1,697 psf↓ 10.1%

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HAWAII TOWER prices have cooled 10.1% from the 2025 peak, yet remain 2.4% above where the series began in 2021.

Price Index Check

The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% 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 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

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.
  • Completed in 1984, the development is over 42 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, long-term hold (10+ yr), en-bloc speculators and freehold / generational hold. At ~561m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

families with young children, foreign / absd-aware buyers and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.

yield-focused investors should probably look elsewhere. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

HAWAII TOWER is a freehold development in District 15 (RCR), with 135 units, offering a gross yield of 1.9%.

At ~$1,824 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full HAWAII TOWER dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (730m away), an upgrader gap of about $3,050,000
  • Geylang — 4-room average $761,443 (1.2 km away), an upgrader gap of about $3,150,000
  • Marine Parade — 4-room average $648,065 (1.9 km away), an upgrader gap of about $3,250,000

FAQ

What is the average PSF for HAWAII TOWER?
The 12-month average is approximately $1,824 psf.
Is HAWAII TOWER freehold?
Yes, HAWAII TOWER is a freehold property.
What is the rental yield for HAWAII TOWER?
The estimated gross yield is 1.9%.
Which MRT is nearest to HAWAII TOWER?
The nearest is Katong Park MRT at 560m.

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: 9 transactions
  • Rental data: 201 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 · 9 records analysed · Source: URA private-sale caveats

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