HONOLULU TOWER Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 1985
~$2,438Avg PSF (12-month)
30Total units
Category Ratings
Walkability
5.6
En-Bloc Potential
7.2
ShiokNest Score
6.6

Overview & Key Facts

HONOLULU TOWER is a freehold condominium at BUKIT TIMAH ROAD in District 10 (CCR), developed by GLORY REALTY COMPANY PTE LTD (FAR EAST ORGANIZATION), comprising 30 units, completed in 1985.

Developer
GLORY REALTY COMPANY PTE LTD (FAR EAST ORGANIZATION)
Tenure
Freehold
Total units
30
TOP year
1985
District
10 — CCR
Street
BUKIT TIMAH ROAD

Location & Connectivity

HONOLULU TOWER is approximately 610m from Stevens MRT station, with 6 stations within 1.5 km.

MRT stations near HONOLULU TOWER
StationLineDistance
StevensDowntown Line610m
StevensThomson-East Coast Line610m
NewtonNorth-South Line910m
NewtonDowntown Line910m
Mount PleasantThomson-East Coast Line1.1 km
NovenaNorth-South Line1.5 km

Schools & Education

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

Schools near HONOLULU TOWER
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary550m
Singapore Chinese Girls' School (Primary)Primary610m
St. Joseph's InstitutionSecondary880m
ISS International School (Preston)International930m
ISS International School (Paterson)International1 km
St. Anthony's Primary SchoolPrimary1.1 km
Nanyang Girls' High SchoolSecondary1.3 km
Nanyang Primary SchoolPrimary1.3 km

Market Position

HONOLULU TOWER has recorded 2 sales at an average price of $12,500,000.

HONOLULU TOWER sits at the 55th percentile of District 10 condo PSF.
$2,438 psf
Avg PSF (12mo)
$12,500,000
Avg Price
1.6%
Gross Yield
2
Total Sales

Price Appreciation

PSF trend for HONOLULU TOWER
YearSalesAvg PSFYoY
20211$1,855 psf
20261$2,438 psf↑ 31.5%

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Price Index Check

The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

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.
  • At 30 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
  • Completed in 1985, the development is over 41 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, international school families, long-term hold (10+ yr) and en-bloc speculators. At ~605m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

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

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

HONOLULU TOWER is a freehold development in District 10 (CCR), with 30 units, offering a gross yield of 1.6%.

At ~$2,438 psf, it reflects its premium CCR positioning.

Explore the full HONOLULU TOWER dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (1.4 km away), an upgrader gap of about $11,600,000
  • Toa Payoh — 4-room average $929,793 (1.8 km away), an upgrader gap of about $11,550,000

FAQ

What is the average PSF for HONOLULU TOWER?
The 12-month average is approximately $2,438 psf.
Is HONOLULU TOWER freehold?
Yes, HONOLULU TOWER is a freehold property.
What is the rental yield for HONOLULU TOWER?
The estimated gross yield is 1.6%.
Which MRT is nearest to HONOLULU TOWER?
The nearest is Stevens MRT at 610m.

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: 2 transactions
  • Rental data: 26 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 2 records analysed · Source: URA private-sale caveats

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