HOCK SENG PARK Review

Condo Review 4 min read Last reviewed
District 21 · Freehold · Completed 2023
~$1,895Avg PSF (12-month)
Total units
Category Ratings
Walkability
3.5
Investment
3.5
En-Bloc Potential
2.2
ShiokNest Score
4.5

Overview & Key Facts

HOCK SENG PARK is a freehold condominium at JALAN JAMBU AYER in District 21 (RCR), developed by , completed in 2023.

Developer
Tenure
Freehold
Total units
TOP year
2023
District
21 — RCR
Street
JALAN JAMBU AYER

Location & Connectivity

HOCK SENG PARK is approximately 570m from King Albert Park MRT station, with 3 stations within 1.5 km.

MRT stations near HOCK SENG PARK
StationLineDistance
King Albert ParkDowntown Line570m
Sixth AvenueDowntown Line1.1 km
Beauty WorldDowntown Line1.5 km

Schools & Education

10 schools within 2 km (1 within 1 km priority zone).

Schools near HOCK SENG PARK
SchoolTypeDistance
Australian International SchoolInternational830m
Hwa Chong International SchoolInternational1.2 km
Hwa Chong InstitutionSecondary1.2 km
Hwa Chong Institution (JC)Jc1.2 km
Henry Park Primary SchoolPrimary1.3 km
Anglo-Chinese Junior CollegeJc1.3 km
Ngee Ann PolytechnicTertiary1.4 km
Singapore University of Social SciencesTertiary1.5 km

Market Position

HOCK SENG PARK has recorded 13 sales at an average price of $7,470,385.

HOCK SENG PARK sits at the 90th percentile of District 21 condo PSF.
$1,895 psf
Avg PSF (12mo)
$7,470,385
Avg Price
1.4%
Gross Yield
13
Total Sales

Price Appreciation

PSF trend for HOCK SENG PARK
YearSalesAvg PSFYoY
20213$2,081 psf
20221$1,895 psf↓ 9.0%
20236$2,539 psf↑ 34.0%
20241$2,356 psf↓ 7.2%
20252$1,895 psf↓ 19.6%

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HOCK SENG PARK prices have cooled 25.4% from the 2023 peak, yet remain 9.0% below where the series began in 2021.

Price Index Check

The ShiokNest Price Index for District 21 reads 114.8 as of June 2026 — down 6.0% 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 21 competitors
CondoTenureAvg PSFSales
THE RESERVE RESIDENCES99 yrs lease commencing from 2021$2,494 psf723
NAVA GROVE99 yrs lease commencing from 2024$2,493 psf550
PINETREE HILL99 yrs lease commencing from 2022$2,486 psf519
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 1885$1,956 psf485
FORETT@BUKIT TIMAHFreehold$2,131 psf358

What Could Work Against You

  • Only 2 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.

Who This Actually Suits

The profile fits families with young children and freehold / generational hold best. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors, foreign / absd-aware buyers and resort facilities — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

HOCK SENG PARK is a freehold development in District 21 (RCR), offering a gross yield of 1.4%.

At ~$1,895 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full HOCK SENG PARK dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing HOCK SENG PARK against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (110m away), an upgrader gap of about $6,600,000
  • Bukit Timah — 4-room average $846,049 (1.5 km away), an upgrader gap of about $6,600,000

FAQ

What is the average PSF for HOCK SENG PARK?
The 12-month average is approximately $1,895 psf.
Is HOCK SENG PARK freehold?
Yes, HOCK SENG PARK is a freehold property.
What is the rental yield for HOCK SENG PARK?
The estimated gross yield is 1.4%.
Which MRT is nearest to HOCK SENG PARK?
The nearest is King Albert Park MRT at 570m.

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: 13 transactions
  • Rental data: 41 leases
  • Source: URA REALIS

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

Data as of August 2025

Latest recorded data point: Aug 2025 · 13 records analysed · Source: URA private-sale caveats

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