FreeholdRCRDistrict 5 (Queenstown)

Horizon Residences

Reviewed by Nathan TangUpdated 24 September 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 92 transactions on record, units have recently transacted around S$1.99M (S$1,750 psf, ~1,001 sqft). There are 16 units for sale from S$1.20M to S$7.68M.

Key facts about Horizon Residences
TenureFreehold
TOP year2014
DeveloperBISHAN PROPERTIES PTE LTD
Units72 in 3 blocks
District and areaDistrict 5 · Queenstown · RCR
Nearest MRTHaw Par Villa MRT, 256 m (~4 min walk)
Latest median psfS$1,750 psf, last 12 URA caveats to Mar 2026
1

What's for sale and for rent at Horizon Residences?

Key Takeaway

Horizon Residences has 16 units listed for sale, asking S$1.20M to S$7.68M (median S$1,919 psf), and 14 units for rent at a median of S$5,100 a month.

For sale

16 listings

S$1.20M – S$7.68M

For rent

14 listings

S$1,600 – S$6,800 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$1.20M–S$1.20M
2-bedroom9S$1.90M–S$2.19MS$1,919 psf
3-bedroom5S$2.50M–S$2.58MS$1,903 psf
4-bedroom1S$7.68M–S$7.68M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Horizon Residences?

Key Takeaway

Floor plans for Horizon Residences aren't in PropKaki's library yet. Across 92 URA caveats, units range from 624 sqft to 2,713 sqft, and the middle half are 990 sqft to 1,356 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom624 sqftS$1.20M
2-bedroom990 sqft to 1,001 sqftS$1.90M · S$1,919 psf
3-bedroom1,356 sqft to 1,378 sqftS$2.50M · S$1,903 psf
4-bedroom3,197 sqftS$7.68M

Check the Floor Plan Finder for Horizon Residences →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Horizon Residences?

Key Takeaway

Units have recently transacted around S$1.99M (S$1,750 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.99M

recent · 92 sales on record

Median PSF

S$1,750 psf

recent transactions

Median rent (monthly)

S$4,882

286 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,919 psf — about 10% above the most recent transacted PSF.

Source: URA caveat data, through Mar 2026.

4

What has recently sold at Horizon Residences?

Key Takeaway

Horizon Residences has 92 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
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
Mar 2025S$1,888,8881,001S$1,887 psf
Feb 2025S$1,930,000990S$1,949 psf
Dec 2024S$1,980,0001,001S$1,978 psf
Jul 2024S$2,260,0001,324S$1,707 psf
Mar 2024S$2,300,0001,356S$1,696 psf
Mar 2023S$2,550,0001,475S$1,729 psf
Mar 2023S$1,738,0001,001S$1,736 psf
Sept 2020S$2,200,0001,367S$1,609 psf

92 sales and 286 rentals on record since Jun 2010. Source: URA.

5

Are prices at Horizon Residences rising?

Key Takeaway

The median transacted PSF at Horizon Residences has risen 14% over the past 11 years (20152026), from S$1,535 psf to S$1,750 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,750 psfS$2.53M2-7.3%
2025S$1,887 psfS$1.89M4+10.5%
2024S$1,707 psfS$2.26M3-1.3%
2023S$1,729 psfS$1.74M2+8.1%
2020S$1,600 psfS$2.17M2+4.8%
2019S$1,526 psfS$2.25M2+2.1%
2018S$1,495 psfS$1.98M5+5.4%
2017S$1,419 psfS$1.42M6+1.8%
2016S$1,394 psfS$1.51M3-9.2%
2015S$1,535 psfS$1.02M2

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

6

Is Horizon Residences a good investment?

Key Takeaway

Of 31 units at Horizon Residences that were bought and later resold (bought from 2010, resold up to 2026), 81% sold for more than they were bought for, with a median gain of 7% over a median 7.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 10% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

81%

of 31 resales here

Median gain

7%

gross, before costs

Median hold

7.0 years

bought to resold

Every unit at Horizon Residences with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

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

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.

9

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
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$1.99M) needs about S$14,567/mo in income and S$6,702/mo in repayments, after S$69,100 stamp duty and a S$498k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.99M) 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$69,100

BSD, tiered

Downpayment (25%)

S$498k

cash + CPF

Monthly instalment

S$6,702/mo

30y @ 3.5%

Income required

S$14,567/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Horizon Residences?

Key Takeaway

8,573 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

8,573

District 5 · closed ≥1 deal

Deals on record

46,751

all-time · all property types

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

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…
13

Frequently asked questions about Horizon Residences

Is Horizon Residences freehold?

Yes. Horizon Residences is freehold, so ownership does not run out.

How old is Horizon Residences?

Horizon Residences was completed (obtained TOP) in 2014, so it is about 12 years old.

Is Horizon Residences a good investment?

Of 31 units at Horizon Residences that were bought and later resold (bought from 2010, resold up to 2026), 81% sold for more than they were bought for, with a median gain of 7% over a median 7.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 10% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Horizon Residences an EC?

No. Horizon Residences is a private condominium, not an executive condominium (EC).

Who is the developer of Horizon Residences?

Horizon Residences was developed by BISHAN PROPERTIES PTE LTD.

What is the price of a condo at Horizon Residences?

Units at Horizon Residences have recently sold for around S$1.99M (S$1,750 psf), the median of the last 12 URA caveats to Mar 2026. The price depends on size, floor and facing. 16 units are listed for sale from S$1.20M to S$7.68M.

Where is Horizon Residences located?

Horizon Residences is at 41 Pasir Panjang Hill, Singapore 118862, in Queenstown (District 5). The nearest MRT station is Haw Par Villa MRT, about 256 m away.

How many units are there in Horizon Residences?

Horizon Residences has 72 units in 3 blocks.

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

For a unit around S$1.99M as a first home, you'd need roughly S$14,567/mo in income (assessed at the stress-test rate), with repayments near S$6,702/mo after a S$498k (25%) downpayment and S$69,100 Buyer's Stamp Duty.

Are prices at Horizon Residences going up?

The median price per square foot at Horizon Residences has risen about 14% between 2015 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.