HORIZON TOWERS Review

Condo Review 5 min read Last reviewed
District 9 · 99 yrs lease commencing from 1979 · Completed 1984
~$1,390Avg PSF (12-month)
211Total units
Category Ratings
Walkability
7.9
Investment
7.0
En-Bloc Potential
7.9
ShiokNest Score
6.2

Overview & Key Facts

HORIZON TOWERS is a 99 yrs lease commencing from 1979 condominium at LEONIE HILL in District 9 (CCR), developed by HORIZON TOWERS PTE LTD, comprising 211 units, completed in 1984.

Developer
HORIZON TOWERS PTE LTD
Tenure
99 yrs lease commencing from 1979
Total units
211
TOP year
1984
District
9 — CCR
Street
LEONIE HILL
Lease remaining
~52 years (of 99)

Location & Connectivity

HORIZON TOWERS is approximately 270m from Great World MRT station, with 11 stations within 1.5 km.

MRT stations near HORIZON TOWERS
StationLineDistance
Great WorldThomson-East Coast Line270m
Orchard BoulevardThomson-East Coast Line620m
OrchardNorth-South Line750m
SomersetNorth-South Line750m
OrchardThomson-East Coast Line750m
HavelockThomson-East Coast Line970m

Schools & Education

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

Schools near HORIZON TOWERS
SchoolTypeDistance
Kheng Cheng SchoolPrimary330m
Fairfield Methodist School (Primary)Primary850m
Gan Eng Seng Primary SchoolPrimary1.2 km
Gan Eng Seng SchoolSecondary1.2 km
St. Anthony's Primary SchoolPrimary1.2 km
Chatsworth International School (Orchard)International1.2 km
ACS (Junior)Primary1.3 km
ISS International School (Paterson)International1.5 km

Market Position

HORIZON TOWERS has recorded 33 sales at an average price of $3,492,300.

HORIZON TOWERS sits at the 2nd percentile of District 9 condo PSF.
$1,390 psf
Avg PSF (12mo)
$3,492,300
Avg Price
2.7%
Gross Yield
33
Total Sales

Price Appreciation

PSF trend for HORIZON TOWERS
YearSalesAvg PSFYoY
20211$1,376 psf
20231$1,563 psf↑ 13.6%
202412$1,375 psf↓ 12.0%
202517$1,388 psf↑ 0.9%
20262$1,409 psf↑ 1.5%

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From the 2023 high, HORIZON TOWERS prices have given back 9.8% — still 2.4% above the 2021 baseline. The most recent period recovered 1.5%, so the pullback may be finding a floor.

Price Index Check

The ShiokNest Price Index for District 9 reads 102.6 as of June 2026 — up 1.2% 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 9 competitors
CondoTenureAvg PSFSales
IRWELL HILL RESIDENCES99 yrs lease commencing from 2020$2,730 psf584
RIVER GREEN99 yrs lease commencing from 2024$3,138 psf493
RIVER MODERN99 years leasehold$3,242 psf426
THE AVENIRFreehold$3,191 psf323
KOPAR AT NEWTON99 yrs lease commencing from 2019$2,512 psf256

Lease Analysis

With 52 years remaining on its 99-year lease, buyers should note CPF usage and loan tenure may be restricted.

What Could Work Against You

  • The lease has about 52 years remaining — below the 60-year mark where CPF and bank-loan limits start narrowing the resale market.
  • With just 9 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • At 42+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

The profile fits mrt-walkable commuters and en-bloc speculators best. Located ~275m from Great World MRT, this property is a comfortable daily walk for transit commuters.

long-term hold (10+ yr) and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

first-time hdb upgraders and cpf-only buyers should probably look elsewhere. CCR (Core Central Region) pricing sits within reach of HDB upgraders banking proceeds from a mature-estate resale.


Verdict

HORIZON TOWERS is a 99 yrs lease commencing from 1979 development in District 9 (CCR), with 211 units, offering a gross yield of 2.7%.

At ~$1,390 psf, it reflects its premium CCR positioning.

Explore the full HORIZON TOWERS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Merah — 4-room average $894,787 (770m away), an upgrader gap of about $2,600,000
  • Central Area — 4-room average $1,088,814 (1.2 km away), an upgrader gap of about $2,400,000

FAQ

What is the average PSF for HORIZON TOWERS?
The 12-month average is approximately $1,390 psf.
Is HORIZON TOWERS freehold?
HORIZON TOWERS has a 99 yrs lease commencing from 1979 tenure with ~52 years remaining.
What is the rental yield for HORIZON TOWERS?
The estimated gross yield is 2.7%.
Which MRT is nearest to HORIZON TOWERS?
The nearest is Great World MRT at 270m.

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: 33 transactions
  • Rental data: 307 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 · 33 records analysed · Source: URA private-sale caveats

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