FreeholdRCRDistrict 5 (Queenstown)

Island View

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

Island View is a freehold condominium in District 5 (Queenstown) that obtained TOP in 1984, with 72 units across 4 blocks. Across 113 transactions on record, units have recently transacted around S$4.60M (S$1,341 psf, ~3,498 sqft). There are 12 units for sale from S$4.60M to S$5.60M.

1

What are the key facts about Island View?

Key Takeaway

Island View is a freehold condominium in District 5 (Queenstown) that obtained TOP in 1984, with 72 units across 4 blocks.

Tenure
Freehold
TOP / Completion
1984
Developer
ISLAND HOMES DEVELOPMENT PTE LTD
Total units
72
Blocks
4
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$1,341 psf
Last transacted
Feb 2026
Remaining lease
Freehold
2

What is the price and PSF at Island View?

Key Takeaway

Units have recently transacted around S$4.60M (S$1,341 psf), at a gross rental yield of about 1.8% (URA caveat data).

Recent median price

S$4.60M

recent · 113 sales on record

Median PSF

S$1,341 psf

recent transactions

Median rent (monthly)

S$6,887

460 rentals on record

Gross rental yield

1.8%

indicative, gross

Units currently for sale are asking a median of S$1,564 psf — about 17% above the most recent transacted PSF.

Source: URA caveat data, through Feb 2026.

3

What has recently sold at Island View?

Key Takeaway

Island View has 113 recorded sales; the most recent transacted at S$4,880,000 in Feb 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Feb 2026S$4,880,0003,595S$1,357 psf
Jan 2026S$4,350,0003,498S$1,243 psf
Jul 2025S$5,150,0003,498S$1,472 psf
Jan 2025S$4,870,0003,498S$1,392 psf
Nov 2024S$4,800,0003,498S$1,372 psf
Jun 2023S$4,950,0003,498S$1,415 psf
Mar 2023S$4,600,0003,498S$1,315 psf
Feb 2022S$5,090,0003,498S$1,455 psf
Aug 2021S$4,280,0003,498S$1,223 psf
Mar 2021S$4,100,0003,057S$1,341 psf
Mar 2021S$4,000,0003,595S$1,113 psf
Sept 2020S$3,800,0003,595S$1,057 psf

113 sales and 460 rentals on record since Jan 1995. Source: URA.

4

Are prices at Island View rising?

Key Takeaway

The median transacted PSF at Island View has risen 19% over the past 13 years (20132026), from S$1,043 psf to S$1,243 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,243 psfS$4.35M2-10.7%
2025S$1,392 psfS$4.87M2+5.9%
2023S$1,315 psfS$4.60M2+7.5%
2021S$1,223 psfS$4.10M3+6.0%
2020S$1,154 psfS$4.15M3-0.3%
2018S$1,158 psfS$4.05M3+1.3%
2017S$1,143 psfS$3.75M3+12.9%
2015S$1,012 psfS$3.64M2-9.2%
2014S$1,115 psfS$3.90M3+6.9%
2013S$1,043 psfS$3.75M2

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 Island View?

Key Takeaway

8,572 CEA-registered agents closed at least one recorded deal in District 5 — where Island View 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 Island View?

Key Takeaway

Island View has 12 units listed for sale, spanning 4–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
4-bedroom7S$4.60M–S$5.60M
5-bedroom5S$5.20M–S$5.20MS$1,564 psf
7

Where is Island View and what's nearby?

Key Takeaway

Island View is located in Queenstown, in the Central Region of Singapore.

Island View is a freehold condominium completed in 1984. It was developed by ISLAND HOMES DEVELOPMENT PTE LTD. The development has 72 residential units. It sits on a land area of 28,767 sqm and has a gross floor area of 40,273 sqm. The plot ratio is 1.4.

ISLAND VIEW is located at 38C Jalan Mat Jambol, Singapore 119519. 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 Pasir Panjang MRT, approximately 439m away, around 7 minutes on foot. Nearby amenities include Anchorpoint for shopping, Pasir Panjang Food Centre for food options, and Pasir Panjang Nursery for greenery and recreation. Facilities in the development include Clubhouse, Sauna, 24 hours security, Squash court, Swimming pool, and Tennis courts.

8

Who built Island View and how big is the development?

Key Takeaway

Island View was developed by ISLAND HOMES DEVELOPMENT PTE LTD, with 72 units.

Developer
ISLAND HOMES DEVELOPMENT PTE LTD
Blocks
4
Land area
28,767 sqm (309,645 sqft)
Gross floor area
40,273 sqm (433,495 sqft)
Plot ratio
1.40
9

How far is Island View from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Island View is Pasir Panjang MRT, about 439 m away (~7 min walk).

Getting around

Schools nearby

  • Blangah Rise Primary SchoolPrimary school1.7 km

Shops, food & parks

Mall: Anchorpoint · 1.6 kmHawker centre: Pasir Panjang Food Centre · 462 mPark: Pasir Panjang Nursery · 243 m

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

10

What facilities does Island View have?

Key Takeaway

Island View has 6 facilities, including Clubhouse, Sauna, 24 hours security, Squash court, and more.

ClubhouseSauna24 hours securitySquash courtSwimming poolTennis courts
11

What does it cost to own a unit at Island View?

Key Takeaway

Buying a unit at Island View (~S$4.60M) needs about S$33,673/mo in income and S$15,492/mo in repayments, after S$215,600 stamp duty and a S$1.15M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$4.60M) 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$215,600

BSD, tiered

Downpayment (25%)

S$1.15M

cash + CPF

Monthly instalment

S$15,492/mo

30y @ 3.5%

Income required

S$33,673/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 Island View? Ask before you commit.

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

PropKaki
Is Island View a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Island View

How much does a unit at Island View cost?

Units at Island View have recently transacted around S$4.60M (S$1,341 psf), from 113 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Island View?

For a unit around S$4.60M as a first home, you'd need roughly S$33,673/mo in income (assessed at the stress-test rate), with repayments near S$15,492/mo after a S$1.15M (25%) downpayment and S$215,600 Buyer's Stamp Duty.

Is Island View a good investment?

Gross rental yield is about 1.8%, and current asking prices sit about 17% above the most recent transacted PSF; median PSF has risen about 19% since 2013. 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 Island View going up?

The median transacted PSF at Island View has risen about 19% between 2013 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Island View freehold or leasehold?

Island View is freehold — ownership does not expire.

When was Island View built and who developed it?

Island View obtained TOP in 1984, developed by ISLAND HOMES DEVELOPMENT PTE LTD, with 72 units across 4 blocks.

How many units are for sale at Island View?

There are 12 units for sale at Island View, from S$4.60M to S$5.60M.

What is the nearest MRT to Island View?

The nearest MRT/LRT station to Island View is Pasir Panjang MRT, about 439 m away (~7 min walk).

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