SAVOY PARK Review

Condo Review 4 min read Last reviewed
District 21 · Freehold · Completed 1996
~$2,086Avg PSF (12-month)
55Total units
Category Ratings
Walkability
3.6
Investment
4.1
En-Bloc Potential
6.1
ShiokNest Score
5.3

Overview & Key Facts

SAVOY PARK is a freehold condominium at ENG KONG DRIVE in District 21 (RCR), developed by CITY DEVELOPMENTS LTD, comprising 55 units, completed in 1996.

Developer
CITY DEVELOPMENTS LTD
Tenure
Freehold
Total units
55
TOP year
1996
District
21 — RCR
Street
ENG KONG DRIVE

Location & Connectivity

SAVOY PARK is approximately 1370m from Beauty World MRT station.

MRT stations near SAVOY PARK
StationLineDistance
Beauty WorldDowntown Line1.4 km

Schools & Education

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

Schools near SAVOY PARK
SchoolTypeDistance
Ngee Ann PolytechnicTertiary970m
Singapore University of Social SciencesTertiary1.1 km
Anglo-Chinese Junior CollegeJc1.2 km
Henry Park Primary SchoolPrimary1.2 km
Nan Hua High SchoolSecondary1.2 km
One World International School (Nanyang)International1.4 km
Nan Hua Primary SchoolPrimary1.5 km
Pei Tong Primary SchoolPrimary1.6 km

Market Position

SAVOY PARK has recorded 6 sales at an average price of $4,180,648.

SAVOY PARK sits at the 52nd percentile of District 21 condo PSF.
$2,086 psf
Avg PSF (12mo)
$4,180,648
Avg Price
1.9%
Gross Yield
6
Total Sales

Price Appreciation

PSF trend for SAVOY PARK
YearSalesAvg PSFYoY
20212$1,178 psf
20232$1,521 psf↑ 29.1%
20241$2,046 psf↑ 34.6%
20251$2,086 psf↑ 2.0%

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The latest reading marks the highest point in this series — SAVOY PARK prices have climbed 77.1% since 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

District 21 competitors
CondoTenureAvg PSFSales
THE RESERVE RESIDENCES99 yrs lease commencing from 2021$2,494 psf723
NAVA GROVE99 yrs lease commencing from 2024$2,493 psf550
PINETREE HILL99 yrs lease commencing from 2022$2,486 psf519
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 1885$1,956 psf485
FORETT@BUKIT TIMAHFreehold$2,131 psf358

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 55-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for car-owning households, en-bloc speculators and freehold / generational hold. Parking and arterial road access matter more here than walking-distance MRT.

yield-focused investors should probably look elsewhere. RCR (Rest of 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

SAVOY PARK is a freehold development in District 21 (RCR), with 55 units, offering a gross yield of 1.9%.

At ~$2,086 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full SAVOY PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Timah — 4-room average $846,049 (770m away), an upgrader gap of about $3,350,000
  • Central Area — 4-room average $1,088,814 (810m away), an upgrader gap of about $3,100,000
  • Clementi — 4-room average $838,557 (1 km away), an upgrader gap of about $3,350,000

FAQ

What is the average PSF for SAVOY PARK?
The 12-month average is approximately $2,086 psf.
Is SAVOY PARK freehold?
Yes, SAVOY PARK is a freehold property.
What is the rental yield for SAVOY PARK?
The estimated gross yield is 1.9%.
Which MRT is nearest to SAVOY PARK?
The nearest is Beauty World MRT at 1.4 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: 6 transactions
  • Rental data: 22 leases
  • Source: URA REALIS

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

Data as of April 2025

Latest recorded data point: Apr 2025 · 6 records analysed · Source: URA private-sale caveats

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