VICTORY HEIGHTS Review

Condo Review 4 min read Last reviewed
District 12 · Freehold · Completed 1997
~$1,234Avg PSF (12-month)
34Total units
Category Ratings
Walkability
5.6
Investment
3.7
En-Bloc Potential
5.2
ShiokNest Score
5.0

Overview & Key Facts

VICTORY HEIGHTS is a freehold condominium at KIM KEAT ROAD in District 12 (RCR), developed by REALWORTH DEVELOPMENT PTE LTD, comprising 34 units, completed in 1997.

Developer
REALWORTH DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
34
TOP year
1997
District
12 — RCR
Street
KIM KEAT ROAD

Location & Connectivity

VICTORY HEIGHTS is approximately 1060m from Novena MRT station, with 4 stations within 1.5 km.

MRT stations near VICTORY HEIGHTS
StationLineDistance
NovenaNorth-South Line1.1 km
Toa PayohNorth-South Line1.1 km
Boon KengNorth-East Line1.2 km
Farrer ParkNorth-East Line1.4 km

Schools & Education

19 schools within 2 km (4 within 1 km priority zone).

Schools near VICTORY HEIGHTS
SchoolTypeDistance
CHIJ Our Lady Queen of PeacePrimary740m
Beatty Secondary SchoolSecondary760m
School of Science and TechnologyJc890m
CHIJ Secondary (Toa Payoh)Secondary940m
Balestier Hill Primary SchoolPrimary1.1 km
Bendemeer Primary SchoolPrimary1.2 km
Bendemeer Secondary SchoolSecondary1.3 km
Farrer Park Primary SchoolPrimary1.3 km

Market Position

VICTORY HEIGHTS has recorded 5 sales at an average price of $1,310,978.

VICTORY HEIGHTS sits at the 9th percentile of District 12 condo PSF.
$1,234 psf
Avg PSF (12mo)
$1,310,978
Avg Price
3.5%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for VICTORY HEIGHTS
YearSalesAvg PSFYoY
20211$1,008 psf
20232$1,153 psf↑ 14.4%
20241$1,330 psf↑ 15.4%
20251$1,234 psf↓ 7.2%

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From the 2024 high, VICTORY HEIGHTS prices have given back 7.2% — still 22.5% above the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 12 reads 136.8 as of May 2026 — down 6.2% 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 12 competitors
CondoTenureAvg PSFSales
THE ORIE99 yrs lease commencing from 2024$2,730 psf741
EIGHT RIVERSUITES99 yrs lease commencing from 2011$1,649 psf311
GEM RESIDENCES99 yrs lease commencing from 2015$1,843 psf200
TREVISTA99 yrs lease commencing from 2008$1,709 psf149
VERTICUSFreehold$2,126 psf130

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 34-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 families with young children, car-owning households, freehold / generational hold and boutique low-density (<100 units). Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

yield-focused investors and long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.

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


Verdict

VICTORY HEIGHTS is a freehold development in District 12 (RCR), with 34 units, offering a gross yield of 3.5%.

At ~$1,234 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full VICTORY HEIGHTS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (190m away), an upgrader gap of about $450,000
  • Toa Payoh — 4-room average $929,793 (700m away), an upgrader gap of about $400,000
  • Central Area — 4-room average $1,088,814 (1.7 km away), an upgrader gap of about $200,000

FAQ

What is the average PSF for VICTORY HEIGHTS?
The 12-month average is approximately $1,234 psf.
Is VICTORY HEIGHTS freehold?
Yes, VICTORY HEIGHTS is a freehold property.
What is the rental yield for VICTORY HEIGHTS?
The estimated gross yield is 3.5%.
Which MRT is nearest to VICTORY HEIGHTS?
The nearest is Novena MRT at 1.1 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: 5 transactions
  • Rental data: 21 leases
  • Source: URA REALIS

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

Data as of January 2025

Latest recorded data point: Jan 2025 · 5 records analysed · Source: URA private-sale caveats

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