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Varsity Park Condominium

West Coast Road · District 05 · Outside Central Region (OCR) · 99 yrs lease commencing from 2004

Varsity Park Condominium is a condominium development in District 05 (OCR). Based on 86 URA-recorded transactions from 20212026, its median price is $2,187,500, with prices moving about 6.7%/yr and a gross rental yield near 3.6%.

The verdict · for an investor

Varsity Park Condominium · Condominium · District 05 · Leasehold

On balance, Varsity Park Condominium points up.

Strong track record, sitting inside one-north — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 29 min on foot; 1 supermarket nearby.
  • Rentable~3.6% gross yield.

And what makes it better

  • Every unit type has risen — 5-bed +38.2%, 4-bed +32.5%, 3-bed +22.6% since 2021.
  • Inside one-north — a government-committed long-term catalyst.
  • Steady ~3.6% gross rental yield.

What's holding it back

  • Leasehold, ~77 years left — the lease clock weighs on price and financing the older it gets.
  • Its recent +6.7%/yr rode a hot cycle — don't bank on that pace repeating.
  • MRT is a real walk — Kent Ridge MRT, about 29 min.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

3.6%

gross, on this project

Priced vs nearby

Above 3 of 6

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,445/sqft
6 sold here

What 1,453 sqft (5-bed) units go for here

$1.97Mmiddle ~$2.10M$2.23M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,453 sqft sales

Mar 20251,453 sqft · fl 01-05$2.23M$1,531 psf
Aug 20231,453 sqft · fl 01-05$2.16M$1,487 psf
Feb 20231,453 sqft · fl 01-05$2.10M$1,445 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $4.49 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
3.7% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~89% of the mortgage — you’d top up ~$850/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$2.10M

Aim at the middle or below. A patient buyer has been getting closer to $2.03M.

If you’re selling

~$2.19M

List at the top of fair; realistic close is $2.10M–$2.12M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$4.02M
Paper gain+$1.92M

Our blunt read: ~$1.92M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~6.7%/yr), and past pace never promises the future.

Built from URA transactions for Varsity Park Condominium — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Varsity Park Condominium

Outside Central Region (OCR) · District 05 · ~$1,481 psf · 3.6% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Varsity Park Condominium, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is roughly even.

!

What it means for you: At ~$1,481 psf, Varsity Park Condominium is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~6.7%/yr over ~5 years). The real watch-out: about 2,473 brand-new units come up for sale in this district by 2028 — direct competition for when you sell. Buying near the top of the cycle just as that lands can cap your gains. So — use the incoming supply as your reason to negotiate the price down now, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Varsity Park Condominium)

Holds prices back

Varsity Park Condominium's own prices have softened — about -6% in the latest year.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

Holds prices back

About 2,473 new units are still unsold in this district, with the first big batch finishing around 2028 — plenty of fresh supply that can hold prices and rents back.

2.5k units
New launches selling

Supports prices

New launches in this district are selling well — 8 recent ones are around 98% sold, so buyer demand here is healthy right now.

98% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents at this project

About neutral

Rents at Varsity Park Condominium have been flat over the last couple of years.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,481 psf is ~33% below similar nearby projects (~$2,227). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Varsity Park Condominium has grown ~6.7%/yr over ~5 years. Similar nearby: Parc Clematis 2.9%, Elta 8.8%, Faber Residence 2.8%, Parc Riviera 4%, Clavon 4.5% — a 2.88.8%/yr spread (most around 4%).

market ~4.6%
Varsity 6.7%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~6.7%/yr, ~$1,920/sqft by year 4 — already past your target.
Likely hits it:about year 3 at its own ~6.7%/yr pace.
Best case:if it ran like its best neighbour (Elta, ~8.8%/yr), about year 2.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$2,187,500

2021–2026 (URA)

Appreciation

6.7%/yr

median trend

Gross yield

3.6%

~$4.49/psf rent

Lease

~77 yrs left

leasehold

Varsity Park Condominium median price per sqft, by year

2021$1,135 psf
2022$1,237 psf+9%
2023$1,403 psf+13.4%
2024$1,461 psf+4.1%
2025$1,578 psf+8%
2026$1,481 psf-6.1%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Varsity Park Condominium fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Varsity Park Condominium

Questions people ask about Varsity Park Condominium

Is Varsity Park Condominium freehold or leasehold?

Varsity Park Condominium is on a 99-year lease that began in 2004, so about 77 years remain. It sits in District 05 (Outside Central Region (OCR)).

How much does Varsity Park Condominium cost per square foot?

Recent transactions at Varsity Park Condominium are around $1,481 psf. Across its record, transacted prices range from $1,310,000 to $3,300,000.

Which primary schools are near Varsity Park Condominium?

Within 1–2 km: Fairfield Methodist School (primary). Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Varsity Park Condominium?

The nearest MRT is Kent Ridge MRT, about 1.7 km away (straight-line).

Has Varsity Park Condominium gone up in value?

Across 86 URA-recorded transactions (2021–2026), prices at Varsity Park Condominium have moved about 6.7% a year on average, with a gross rental yield near 3.6%. That is a past record, not a forecast.

What condos are comparable to Varsity Park Condominium?

Within a short walk: Clementiwoods Condominium, Westcove Condominium, Blue Horizon, The Vision, West Bay Condominium. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Varsity Park Condominium a good buy?

Varsity Park Condominium sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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