VICTORIA PARK VILLAS Review

Condo Review 5 min read Last reviewed
District 10 · 99 yrs lease commencing from 2013 · Completed 1998
~$2,544Avg PSF (12-month)
180Total units
Category Ratings
Walkability
5.0
Investment
6.6
En-Bloc Potential
5.3
ShiokNest Score
6.2

Overview & Key Facts

VICTORIA PARK VILLAS is a 99 yrs lease commencing from 2013 condominium at VICTORIA PARK GROVE in District 10 (CCR), developed by PARKVILLAS PTE LTD (FAR EAST ORGANIZATION), comprising 180 units, completed in 1998.

Developer
PARKVILLAS PTE LTD (FAR EAST ORGANIZATION)
Tenure
99 yrs lease commencing from 2013
Total units
180
TOP year
1998
District
10 — CCR
Street
VICTORIA PARK GROVE
Lease remaining
~86 years (of 99)

Location & Connectivity

VICTORIA PARK VILLAS is approximately 620m from Tan Kah Kee MRT station, with 6 stations within 1.5 km.

MRT stations near VICTORIA PARK VILLAS
StationLineDistance
Tan Kah KeeDowntown Line620m
Farrer RoadCircle Line720m
Sixth AvenueDowntown Line1.1 km
Botanic GardensCircle Line1.4 km
Botanic GardensDowntown Line1.4 km
Holland VillageCircle Line1.4 km

Schools & Education

12 schools within 2 km (5 within 1 km priority zone).

Schools near VICTORIA PARK VILLAS
SchoolTypeDistance
Hollandse SchoolInternational360m
Lycee Francais de SingapourInternational470m
National Junior CollegeSecondary680m
National Junior CollegeJc680m
German European School SingaporeInternational860m
Raffles Girls' Primary SchoolPrimary1 km
Chatsworth International School (Bukit Timah)International1 km
Hwa Chong International SchoolInternational1.1 km

Market Position

VICTORIA PARK VILLAS has recorded 19 sales at an average price of $6,122,632.

VICTORIA PARK VILLAS sits at the 67th percentile of District 10 condo PSF.
$2,544 psf
Avg PSF (12mo)
$6,122,632
Avg Price
2.9%
Gross Yield
19
Total Sales

Price Appreciation

PSF trend for VICTORIA PARK VILLAS
YearSalesAvg PSFYoY
20213$2,154 psf
20225$2,174 psf↑ 0.9%
20234$2,332 psf↑ 7.2%
20242$2,462 psf↑ 5.6%
20254$2,552 psf↑ 3.6%
20261$2,513 psf↓ 1.6%

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VICTORIA PARK VILLAS prices are holding within 1.6% of the 2025 peak, 16.6% above the 2021 starting level.

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

Lease Analysis

With 86 years remaining on its 99-year lease, VICTORIA PARK VILLAS still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • Only 2 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.

Who This Actually Suits

Buyers most likely to be happy here: multi-generational families, international school families and yield-focused investors. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

It is a weaker fit for freehold / generational hold and resort facilities — other options likely serve them better. 99 yrs lease commencing from 2013 makes this a candidate for multi-generation transfer with no lease-decay drag.


Verdict

VICTORIA PARK VILLAS is a 99 yrs lease commencing from 2013 development in District 10 (CCR), with 180 units, offering a gross yield of 2.9%.

At ~$2,544 psf, it reflects its premium CCR positioning.

Explore the full VICTORIA PARK VILLAS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Timah — 4-room average $846,049 (690m away), an upgrader gap of about $5,300,000
  • Queenstown — 4-room average $1,002,705 (1.6 km away), an upgrader gap of about $5,100,000

FAQ

What is the average PSF for VICTORIA PARK VILLAS?
The 12-month average is approximately $2,544 psf.
Is VICTORIA PARK VILLAS freehold?
VICTORIA PARK VILLAS has a 99 yrs lease commencing from 2013 tenure with ~86 years remaining.
What is the rental yield for VICTORIA PARK VILLAS?
The estimated gross yield is 2.9%.
Which MRT is nearest to VICTORIA PARK VILLAS?
The nearest is Tan Kah Kee MRT at 620m.

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: 19 transactions
  • Rental data: 44 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 · 19 records analysed · Source: URA private-sale caveats

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