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.
Location & Connectivity
HORIZON TOWERS is approximately 270m from Great World MRT station, with 11 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Great World | Thomson-East Coast Line | 270m |
| Orchard Boulevard | Thomson-East Coast Line | 620m |
| Orchard | North-South Line | 750m |
| Somerset | North-South Line | 750m |
| Orchard | Thomson-East Coast Line | 750m |
| Havelock | Thomson-East Coast Line | 970m |
Schools & Education
17 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Kheng Cheng School | Primary | 330m |
| Fairfield Methodist School (Primary) | Primary | 850m |
| Gan Eng Seng Primary School | Primary | 1.2 km |
| Gan Eng Seng School | Secondary | 1.2 km |
| St. Anthony's Primary School | Primary | 1.2 km |
| Chatsworth International School (Orchard) | International | 1.2 km |
| ACS (Junior) | Primary | 1.3 km |
| ISS International School (Paterson) | International | 1.5 km |
Market Position
HORIZON TOWERS has recorded 33 sales at an average price of $3,492,300.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $1,376 psf | — |
| 2023 | 1 | $1,563 psf | ↑ 13.6% |
| 2024 | 12 | $1,375 psf | ↓ 12.0% |
| 2025 | 17 | $1,388 psf | ↑ 0.9% |
| 2026 | 2 | $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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | $2,730 psf | 584 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | $3,138 psf | 493 |
| RIVER MODERN | 99 years leasehold | $3,242 psf | 426 |
| THE AVENIR | Freehold | $3,191 psf | 323 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | $2,512 psf | 256 |
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.
Best suited for
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?
Is HORIZON TOWERS freehold?
What is the rental yield for HORIZON TOWERS?
Which MRT is nearest to HORIZON TOWERS?
Sources & Next Steps
- HORIZON TOWERS Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 9 (Orchard, Cairnhill, River Valley) — District 9 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: 33 transactions
- Rental data: 307 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 33 records analysed · Source: URA private-sale caveats