FreeholdRCRDistrict 5 (Queenstown)

Horizon Residences

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2026 (URA)
Quick Summary

Horizon Residences is a freehold condominium in District 5 (Queenstown) that obtained TOP in 2014, with 72 units across 3 blocks. Across 212 transactions on record, units have recently transacted around S$2.53M (S$1,978 psf, ~1,324 sqft). There are 16 units for sale from S$1.20M to S$7.68M.

1

What are the key facts about Horizon Residences?

Key Takeaway

Horizon Residences is a freehold condominium in District 5 (Queenstown) that obtained TOP in 2014, with 72 units across 3 blocks.

Tenure
Freehold
TOP / Completion
2014
Developer
BISHAN PROPERTIES PTE LTD
Total units
72
Blocks
3
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$1,978 psf
Last transacted
Mar 2026
Remaining lease
Freehold
2

What is the price and PSF at Horizon Residences?

Key Takeaway

Units have recently transacted around S$2.53M (S$1,978 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$2.53M

recent · 212 sales on record

Median PSF

S$1,978 psf

recent transactions

Median rent (monthly)

S$5,395

878 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$1,919 psf — about 3% below the most recent transacted PSF.

Source: URA caveat data, through Mar 2026.

3

What has recently sold at Horizon Residences?

Key Takeaway

Horizon Residences has 212 recorded sales; the most recent transacted at S$2,530,000 in Mar 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2026S$2,530,0001,324S$1,911 psf
Feb 2026S$3,750,0001,561S$2,403 psf
Jan 2026S$2,580,0001,475S$1,750 psf
Oct 2025S$1,888,8881,001S$1,887 psf
Sept 2025S$1,990,000990S$2,010 psf
Sept 2025S$3,420,0001,561S$2,191 psf
Apr 2025S$3,860,0001,722S$2,241 psf
Mar 2025S$1,888,8881,001S$1,887 psf
Feb 2025S$1,930,000990S$1,949 psf
Dec 2024S$3,460,0001,561S$2,217 psf
Dec 2024S$1,980,0001,001S$1,978 psf
Sept 2024S$3,420,0001,561S$2,191 psf

212 sales and 878 rentals on record since Jul 2000. Source: URA.

4

Are prices at Horizon Residences rising?

Key Takeaway

The median transacted PSF at Horizon Residences has risen 29% over the past 11 years (20152026), from S$1,486 psf to S$1,911 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,911 psfS$2.58M3-1.9%
2025S$1,949 psfS$1.93M6-1.5%
2024S$1,978 psfS$2.30M5+13.9%
2023S$1,736 psfS$2.55M3+8.5%
2020S$1,600 psfS$2.17M2+2.6%
2019S$1,560 psfS$2.30M4+0.3%
2018S$1,555 psfS$2.04M8+4.0%
2017S$1,495 psfS$1.85M9+7.2%
2016S$1,394 psfS$1.51M3-6.2%
2015S$1,486 psfS$1.52M4

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Horizon Residences?

Key Takeaway

8,572 CEA-registered agents closed at least one recorded deal in District 5 — where Horizon Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

8,572

District 5 · closed ≥1 deal

Deals on record

46,728

all-time · all property types

Source: CEA public transaction records, attributed to District 5across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Horizon Residences?

Key Takeaway

Horizon Residences has 16 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom2S$1.20M–S$1.20M
2-bedroom8S$1.90M–S$2.09MS$1,919 psf
3-bedroom4S$2.55M–S$2.60M
4-bedroom2S$4.20M–S$7.68M
7

Where is Horizon Residences and what's nearby?

Key Takeaway

Horizon Residences is located in Queenstown, in the Central Region of Singapore.

Horizon Residences is a freehold condominium completed in 2014. It was developed by BISHAN PROPERTIES PTE LTD. The development has 72 residential units. It sits on a land area of 5,743 sqm and has a gross floor area of 8,047 sqm. The plot ratio is 1.4.

HORIZON RESIDENCES is located at 41 Pasir Panjang Hill, Singapore 118862. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Haw Par Villa MRT, approximately 256m away, around 4 minutes on foot. Nearby amenities include Pasir Panjang Park for greenery and recreation. Facilities in the development include Gymnasium room, Lap pool, and Playground.

8

Who built Horizon Residences and how big is the development?

Key Takeaway

Horizon Residences was developed by BISHAN PROPERTIES PTE LTD, designed by ADDP ARCHITECTS, with 72 units.

Developer
BISHAN PROPERTIES PTE LTD
Architect
ADDP ARCHITECTS
Main contractor
SEAH KIM CHEOK CONSTRUCTION COMPANY PTE LTD
Blocks
3
Land area
5,743 sqm (61,817 sqft)
Gross floor area
8,047 sqm (86,617 sqft)
Plot ratio
1.40
9

How far is Horizon Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Horizon Residences is Haw Par Villa MRT, about 256 m away (~4 min walk).

Getting around

Shops, food & parks

Park: Pasir Panjang Park · 355 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does Horizon Residences have?

Key Takeaway

Horizon Residences has 3 facilities, including Gymnasium room, Lap pool, Playground.

Gymnasium roomLap poolPlayground
11

What does it cost to own a unit at Horizon Residences?

Key Takeaway

Buying a unit at Horizon Residences (~S$2.53M) needs about S$18,520/mo in income and S$8,521/mo in repayments, after S$96,100 stamp duty and a S$633k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.53M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$96,100

BSD, tiered

Downpayment (25%)

S$633k

cash + CPF

Monthly instalment

S$8,521/mo

30y @ 3.5%

Income required

S$18,520/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Horizon Residences? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Horizon Residences's own transactions.

PropKaki
Is Horizon Residences a good buy, and what are units selling for?

Recent units at Horizon Residences sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Horizon Residences

How much does a unit at Horizon Residences cost?

Units at Horizon Residences have recently transacted around S$2.53M (S$1,978 psf), from 212 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Horizon Residences?

For a unit around S$2.53M as a first home, you'd need roughly S$18,520/mo in income (assessed at the stress-test rate), with repayments near S$8,521/mo after a S$633k (25%) downpayment and S$96,100 Buyer's Stamp Duty.

Is Horizon Residences a good investment?

Gross rental yield is about 2.6%, and current asking prices sit about 3% below the most recent transacted PSF; median PSF has risen about 29% since 2015. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Horizon Residences going up?

The median transacted PSF at Horizon Residences has risen about 29% between 2015 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Horizon Residences freehold or leasehold?

Horizon Residences is freehold — ownership does not expire.

When was Horizon Residences built and who developed it?

Horizon Residences obtained TOP in 2014, developed by BISHAN PROPERTIES PTE LTD, with 72 units across 3 blocks.

How many units are for sale at Horizon Residences?

There are 16 units for sale at Horizon Residences, from S$1.20M to S$7.68M.

What is the nearest MRT to Horizon Residences?

The nearest MRT/LRT station to Horizon Residences is Haw Par Villa MRT, about 256 m away (~4 min walk).

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