HONG KONG PARK Review

Condo Review 4 min read Last reviewed
District 21 · 999 yrs lease commencing from 1879
~$2,367Avg PSF (12-month)
Total units
Category Ratings
Walkability
2.7
Investment
4.3
En-Bloc Potential
2.2
ShiokNest Score
4.6

Overview & Key Facts

HONG KONG PARK is a 999 yrs lease commencing from 1879 condominium at HUA GUAN AVENUE in District 21 (RCR), developed by .

Developer
Tenure
999 yrs lease commencing from 1879
Total units
TOP year
District
21 — RCR
Street
HUA GUAN AVENUE

Location & Connectivity

HONG KONG PARK is approximately 830m from King Albert Park MRT station, with 2 stations within 1.5 km.

MRT stations near HONG KONG PARK
StationLineDistance
King Albert ParkDowntown Line830m
Beauty WorldDowntown Line1.1 km

Schools & Education

5 schools within 2 km.

Schools near HONG KONG PARK
SchoolTypeDistance
Anglo-Chinese Junior CollegeJc1.2 km
Ngee Ann PolytechnicTertiary1.5 km
Australian International SchoolInternational1.6 km
Henry Park Primary SchoolPrimary1.6 km
Singapore University of Social SciencesTertiary1.9 km

Market Position

HONG KONG PARK has recorded 30 sales at an average price of $8,776,600.

HONG KONG PARK sits at the 83rd percentile of District 21 condo PSF.
$2,367 psf
Avg PSF (12mo)
$8,776,600
Avg Price
1.5%
Gross Yield
30
Total Sales

Price Appreciation

PSF trend for HONG KONG PARK
YearSalesAvg PSFYoY
20216$2,172 psf
20225$1,700 psf↓ 21.7%
20236$1,794 psf↑ 5.5%
20242$1,982 psf↑ 10.5%
20258$2,392 psf↑ 20.7%
20263$2,301 psf↓ 3.8%

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HONG KONG PARK prices have cooled 3.8% from the 2025 peak, yet remain 5.9% above 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 8 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 car-owning households, long-term hold (10+ yr) and freehold / generational hold best. At ~833m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

yield-focused investors, foreign / absd-aware buyers and resort facilities should probably look elsewhere. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

HONG KONG PARK is a 999 yrs lease commencing from 1879 development in District 21 (RCR), offering a gross yield of 1.5%.

At ~$2,367 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full HONG KONG PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (780m away), an upgrader gap of about $7,900,000
  • Bukit Timah — 4-room average $846,049 (1.2 km away), an upgrader gap of about $7,950,000

FAQ

What is the average PSF for HONG KONG PARK?
The 12-month average is approximately $2,367 psf.
Is HONG KONG PARK freehold?
HONG KONG PARK has a 999 yrs lease commencing from 1879 tenure.
What is the rental yield for HONG KONG PARK?
The estimated gross yield is 1.5%.
Which MRT is nearest to HONG KONG PARK?
The nearest is King Albert Park MRT at 830m.

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: 30 transactions
  • Rental data: 73 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 · 30 records analysed · Source: URA private-sale caveats

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