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 .
Location & Connectivity
HONG KONG PARK is approximately 830m from King Albert Park MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| King Albert Park | Downtown Line | 830m |
| Beauty World | Downtown Line | 1.1 km |
Schools & Education
5 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese Junior College | Jc | 1.2 km |
| Ngee Ann Polytechnic | Tertiary | 1.5 km |
| Australian International School | International | 1.6 km |
| Henry Park Primary School | Primary | 1.6 km |
| Singapore University of Social Sciences | Tertiary | 1.9 km |
Market Position
HONG KONG PARK has recorded 30 sales at an average price of $8,776,600.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 6 | $2,172 psf | — |
| 2022 | 5 | $1,700 psf | ↓ 21.7% |
| 2023 | 6 | $1,794 psf | ↑ 5.5% |
| 2024 | 2 | $1,982 psf | ↑ 10.5% |
| 2025 | 8 | $2,392 psf | ↑ 20.7% |
| 2026 | 3 | $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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| THE RESERVE RESIDENCES | 99 yrs lease commencing from 2021 | $2,494 psf | 723 |
| NAVA GROVE | 99 yrs lease commencing from 2024 | $2,493 psf | 550 |
| PINETREE HILL | 99 yrs lease commencing from 2022 | $2,486 psf | 519 |
| KI RESIDENCES AT BROOKVALE | 999 yrs lease commencing from 1885 | $1,956 psf | 485 |
| FORETT@BUKIT TIMAH | Freehold | $2,131 psf | 358 |
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.
Best suited for
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?
Is HONG KONG PARK freehold?
What is the rental yield for HONG KONG PARK?
Which MRT is nearest to HONG KONG PARK?
Sources & Next Steps
- HONG KONG PARK Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 21 (Upper Bukit Timah, Ulu Pandan, Clementi Park) — District 21 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: 30 transactions
- Rental data: 73 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 30 records analysed · Source: URA private-sale caveats