ISLAND COUNTRY VILLAS Review

Condo Review 5 min read Last reviewed
District 20 · 99 yrs lease commencing from 1995 · Completed 1999
~$1,210Avg PSF (12-month)
60Total units
Category Ratings
Walkability
4.3
Investment
4.6
En-Bloc Potential
5.8
ShiokNest Score
4.5

Overview & Key Facts

ISLAND COUNTRY VILLAS is a 99 yrs lease commencing from 1995 condominium at OLD UPPER THOMSON ROAD in District 20 (OCR), developed by UOL DEVELOPMENT (UPPER THOMSON) PTE LTD, comprising 60 units, completed in 1999.

Developer
UOL DEVELOPMENT (UPPER THOMSON) PTE LTD
Tenure
99 yrs lease commencing from 1995
Total units
60
TOP year
1999
District
20 — OCR
Street
OLD UPPER THOMSON ROAD
Lease remaining
~68 years (of 99)

Location & Connectivity

ISLAND COUNTRY VILLAS is approximately 1280m from Mayflower MRT station, with 2 stations within 1.5 km.

MRT stations near ISLAND COUNTRY VILLAS
StationLineDistance
MayflowerThomson-East Coast Line1.3 km
LentorThomson-East Coast Line1.5 km

Schools & Education

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

Schools near ISLAND COUNTRY VILLAS
SchoolTypeDistance
Singapore American SchoolInternational890m
Jing Shan Primary SchoolPrimary1.2 km
Mayflower Primary SchoolPrimary1.2 km
Peirce Secondary SchoolSecondary1.2 km
Ang Mo Kio Secondary SchoolSecondary1.5 km
Ang Mo Kio Primary SchoolPrimary1.5 km
Yio Chu Kang Primary SchoolPrimary1.8 km
Yio Chu Kang Secondary SchoolSecondary1.9 km

Market Position

ISLAND COUNTRY VILLAS has recorded 16 sales at an average price of $2,575,019.

ISLAND COUNTRY VILLAS sits at the 5th percentile of District 20 condo PSF.
$1,210 psf
Avg PSF (12mo)
$2,575,019
Avg Price
3.2%
Gross Yield
16
Total Sales

Price Appreciation

PSF trend for ISLAND COUNTRY VILLAS
YearSalesAvg PSFYoY
20217$843 psf
20223$949 psf↑ 12.5%
20232$1,041 psf↑ 9.7%
20242$1,008 psf↓ 3.2%
20252$1,210 psf↑ 20.1%

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ISLAND COUNTRY VILLAS prices sit at a fresh series high after a 20.1% gain on the prior period, now 43.5% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 20 reads 143.5 as of June 2026 — up 4.6% 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 20 competitors
CondoTenureAvg PSFSales
AMO RESIDENCE99 yrs lease commencing from 2021$2,152 psf409
JADESCAPE99 yrs lease commencing from 2018$2,107 psf386
THE PANORAMA99 yrs lease commencing from 2013$1,845 psf222
SEMBAWANG HILLS ESTATEFreehold$1,951 psf176
SKY VUE99-year leasehold$1,973 psf171

Lease Analysis

With 68 years remaining on its 99-year lease, ISLAND COUNTRY VILLAS still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • About 68 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
  • 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 60 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

The profile fits car-owning households, international school families and long-term hold (10+ yr) best. Parking and arterial road access matter more here than walking-distance MRT.

en-bloc speculators should treat this as a shortlist candidate, not a default choice.

cpf-only buyers should probably look elsewhere. Lease-remaining profile affects CPF usage caps — verify against the 60-year CPF Board threshold.

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


Verdict

ISLAND COUNTRY VILLAS is a 99 yrs lease commencing from 1995 development in District 20 (OCR), with 60 units, offering a gross yield of 3.2%.

At ~$1,210 psf, it represents a competitive entry point in the OCR segment.

Explore the full ISLAND COUNTRY VILLAS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing ISLAND COUNTRY VILLAS against staying public? These HDB towns sit within walking or short-drive distance:

  • Ang Mo Kio — 4-room average $724,816 (930m away), an upgrader gap of about $1,850,000
  • Bishan — 4-room average $791,445 (1.6 km away), an upgrader gap of about $1,800,000

FAQ

What is the average PSF for ISLAND COUNTRY VILLAS?
The 12-month average is approximately $1,210 psf.
Is ISLAND COUNTRY VILLAS freehold?
ISLAND COUNTRY VILLAS has a 99 yrs lease commencing from 1995 tenure with ~68 years remaining.
What is the rental yield for ISLAND COUNTRY VILLAS?
The estimated gross yield is 3.2%.
Which MRT is nearest to ISLAND COUNTRY VILLAS?
The nearest is Mayflower MRT at 1.3 km.

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: 16 transactions
  • Rental data: 4 leases
  • Source: URA REALIS

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

Data as of August 2025

Latest recorded data point: Aug 2025 · 16 records analysed · Source: URA private-sale caveats

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