FreeholdRCRDistrict 5 (Queenstown)

Island View

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 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 114 transactions on record, units have recently transacted around S$4.60M (S$1,341 psf, ~3,498 sqft). There are 7 units for sale from S$4.60M to S$5.60M.

Key facts about Island View
TenureFreehold
TOP year1984
DeveloperISLAND HOMES DEVELOPMENT PTE LTD
Units72 in 4 blocks
District and areaDistrict 5 · Queenstown · RCR
Nearest MRTPasir Panjang MRT, 439 m (~7 min walk)
Latest median psfS$1,341 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Island View?

Key Takeaway

Island View has 7 units listed for sale, asking S$4.60M to S$5.60M, and 3 units for rent at a median of S$11,000 a month.

For sale

7 listings

S$4.60M – S$5.60M

For rent

3 listings

S$8,900 – S$11,500 a month

BedroomsFor saleAsking priceMedian PSF
4-bedroom6S$4.60M–S$5.60M
5-bedroom1S$5.20M–S$5.20M

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

2

What are the floor plans and unit sizes at Island View?

Key Takeaway

Floor plans for Island View aren't in PropKaki's library yet. Across 114 URA caveats, units range from 3,057 sqft to 3,638 sqft, and the middle half are 3,498 sqft to 3,595 sqft.

Unit typeSizes listed for saleAsking from
4-bedroom3,100 sqft to 3,423 sqftS$4.60M
5-bedroom3,595 sqftS$5.20M

Check the Floor Plan Finder for Island View →

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

3

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 · 114 sales on record

Median PSF

S$1,341 psf

recent transactions

Median rent (monthly)

S$6,888

461 rentals on record

Gross rental yield

1.8%

indicative, gross

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Island View?

Key Takeaway

Island View has 114 recorded sales; the most recent transacted at S$4,480,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$4,480,0003,358S$1,334 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

114 sales and 461 rentals on record since Jan 1995. Source: URA.

5

Are prices at Island View rising?

Key Takeaway

The median transacted PSF at Island View has risen 28% over the past 13 years (20132026), from S$1,043 psf to S$1,334 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,334 psfS$4.48M3-4.2%
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.

6

Is Island View a good investment?

Key Takeaway

Of 59 units at Island View that were bought and later resold (bought from 1995, resold up to 2026), 93% sold for more than they were bought for, with a median gain of 39% over a median 7.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.8%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

93%

of 59 resales here

Median gain

39%

gross, before costs

Median hold

7.0 years

bought to resold

Every unit at Island View 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around Island View?

Key Takeaway

8,573 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

8,573

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 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…
13

Frequently asked questions about Island View

Is Island View freehold?

Yes. Island View is freehold, so ownership does not run out.

How old is Island View?

Island View was completed (obtained TOP) in 1984, so it is about 42 years old.

Is Island View a good investment?

Of 59 units at Island View that were bought and later resold (bought from 1995, resold up to 2026), 93% sold for more than they were bought for, with a median gain of 39% over a median 7.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.8%. Past resale results don't predict future returns, and this is not financial advice.

Is Island View an EC?

No. Island View is a private condominium, not an executive condominium (EC).

Who is the developer of Island View?

Island View was developed by ISLAND HOMES DEVELOPMENT PTE LTD.

What is the price of a condo at Island View?

Units at Island View have recently sold for around S$4.60M (S$1,341 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 7 units are listed for sale from S$4.60M to S$5.60M.

Where is Island View located?

Island View is at 38C Jalan Mat Jambol, Singapore 119519, in Queenstown (District 5). The nearest MRT station is Pasir Panjang MRT, about 439 m away.

How many units are there in Island View?

Island View has 72 units in 4 blocks.

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.

Are prices at Island View going up?

The median price per square foot at Island View has risen about 28% between 2013 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.