HERITAGE VIEW Review

Condo Review 5 min read Last reviewed
District 5 · 99 yrs lease commencing from 1996 · Completed 2000
~$1,618Avg PSF (12-month)
618Total units
Category Ratings
Walkability
6.1
Investment
7.1
En-Bloc Potential
4.6
ShiokNest Score
6.5

Overview & Key Facts

HERITAGE VIEW is a 99 yrs lease commencing from 1996 condominium at DOVER RISE in District 5 (RCR), developed by DOVER RISE LTD (FAR EAST ORGANIZATION), comprising 618 units, completed in 2000.

Developer
DOVER RISE LTD (FAR EAST ORGANIZATION)
Tenure
99 yrs lease commencing from 1996
Total units
618
TOP year
2000
District
5 — RCR
Street
DOVER RISE
Lease remaining
~69 years (of 99)

Location & Connectivity

HERITAGE VIEW is approximately 640m from one-north MRT station, with 5 stations within 1.5 km.

MRT stations near HERITAGE VIEW
StationLineDistance
one-northCircle Line640m
Buona VistaEast-West Line710m
Buona VistaCircle Line710m
DoverEast-West Line1 km
Kent RidgeCircle Line1.2 km

Schools & Education

13 schools within 2 km (4 within 1 km priority zone).

Schools near HERITAGE VIEW
SchoolTypeDistance
Dover Court International SchoolInternational240m
United World College of South East Asia (Dover)International370m
Anglo-Chinese School (Independent)Secondary940m
Singapore PolytechnicTertiary970m
National University of SingaporeTertiary1.2 km
NUS High School of Mathematics and ScienceJc1.3 km
Kent Ridge Secondary SchoolSecondary1.4 km
Dulwich College (Singapore)International1.5 km

Unit Mix & Pricing

Unit mix for HERITAGE VIEW
TypeSalesAvg PSFAvg Price
3 BR107$1,466 psf$1,681,025
4 BR5$1,531 psf$2,265,533
5+ BR4$1,202 psf$3,140,000

Market Position

HERITAGE VIEW has recorded 116 sales at an average price of $1,756,529.

HERITAGE VIEW sits at the 43rd percentile of District 5 condo PSF.
$1,618 psf
Avg PSF (12mo)
$1,756,529
Avg Price
3.5%
Gross Yield
116
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at HERITAGE VIEW typically rent harder per dollar of purchase price:

Per-bedroom gross yield at HERITAGE VIEW
TypeAvg RentAvg PriceGross Yield
3 BR$5,551/mo$1,681,0253.96%
4 BR$8,830/mo$2,265,5334.68%

Loading chart data...


Price Appreciation

PSF trend for HERITAGE VIEW
YearSalesAvg PSFYoY
202131$1,251 psf
202222$1,362 psf↑ 8.8%
202317$1,549 psf↑ 13.7%
202423$1,610 psf↑ 3.9%
202516$1,610 psf↓ 0.0%
20267$1,637 psf↑ 1.7%

Loading chart data...

The latest reading marks the highest point in this series — HERITAGE VIEW prices have climbed 30.8% since 2021.

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.

Loading chart data...


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

Lease Analysis

With 69 years remaining on its 99-year lease, HERITAGE VIEW still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.

Who This Actually Suits

The profile fits car-owning households, international school families, tertiary student housing and yield-focused investors best. At ~639m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

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

It is a weaker fit for cpf-only buyers — other options likely serve them better. Lease-remaining profile affects CPF usage caps — verify against the 60-year CPF Board threshold.


Verdict

HERITAGE VIEW is a 99 yrs lease commencing from 1996 development in District 5 (RCR), with 618 units, offering a gross yield of 3.5%.

At ~$1,618 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full HERITAGE VIEW dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Queenstown — 4-room average $1,002,705 (110m away), an upgrader gap of about $750,000
  • Clementi — 4-room average $838,557 (1.6 km away), an upgrader gap of about $900,000

FAQ

What is the average PSF for HERITAGE VIEW?
The 12-month average is approximately $1,618 psf.
Is HERITAGE VIEW freehold?
HERITAGE VIEW has a 99 yrs lease commencing from 1996 tenure with ~69 years remaining.
What is the rental yield for HERITAGE VIEW?
The estimated gross yield is 3.5%.
Which MRT is nearest to HERITAGE VIEW?
The nearest is one-north MRT at 640m.

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: 116 transactions
  • Rental data: 665 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 116 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: