Nim Park
Nim Park is a freehold condominium in District 28 (Serangoon) that obtained TOP in 1983, with 56 units. Across 19 transactions on record, units have recently transacted around S$800k (S$410 psf, ~2,121 sqft).
What are the key facts about Nim Park?
Nim Park is a freehold condominium in District 28 (Serangoon) that obtained TOP in 1983, with 56 units.
- Tenure
- Freehold
- TOP / Completion
- 1983
- Developer
- KEDRON INVESTMENTS PTE LTD
- Total units
- 56
- Blocks
- —
- District / Area
- District 28 (Serangoon)
- Market segment
- OCR
- Median PSF
- S$410 psf
- Last transacted
- May 2007
- Remaining lease
- Freehold
What is the price and PSF at Nim Park?
Units have recently transacted around S$800k (S$410 psf), at a gross rental yield of about 1.8% (URA caveat data).
Recent median price
S$800k
recent · 19 sales on record
Median PSF
S$410 psf
recent transactions
Median rent (monthly)
S$1,200
29 rentals on record
Gross rental yield
1.8%
indicative, gross
Source: URA caveat data, through May 2007.
What has recently sold at Nim Park?
Nim Park has 19 recorded sales; the most recent transacted at S$84,000,000 in May 2007 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2007 | S$84,000,000 | 118,576 | S$708 psf |
| Jun 2006 | S$800,000 | 2,121 | S$377 psf |
| Jun 2004 | S$720,000 | 2,121 | S$340 psf |
| Mar 2004 | S$660,000 | 2,121 | S$311 psf |
| Jan 2004 | S$760,000 | 2,121 | S$358 psf |
| Aug 2000 | S$600,000 | 1,238 | S$485 psf |
| Mar 2000 | S$950,000 | 2,121 | S$448 psf |
| Nov 1999 | S$900,000 | 2,121 | S$424 psf |
| Sept 1999 | S$870,000 | 2,121 | S$410 psf |
| May 1999 | S$870,000 | 2,121 | S$410 psf |
| Jul 1998 | S$698,000 | 2,260 | S$309 psf |
| Jul 1997 | S$1,400,000 | 2,260 | S$619 psf |
19 sales and 29 rentals on record since Mar 1995. Source: URA.
Are prices at Nim Park rising?
The median transacted PSF at Nim Park has fallen 25% over the past 9 years (1995–2004), from S$453 psf to S$340 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2004 | S$340 psf | S$720k | 3 | -24.1% |
| 2000 | S$448 psf | S$600k | 2 | +9.3% |
| 1999 | S$410 psf | S$870k | 3 | -20.7% |
| 1996 | S$517 psf | S$1.17M | 2 | +14.1% |
| 1995 | S$453 psf | S$950k | 5 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Nim Park?
4,250 CEA-registered agents closed at least one recorded deal in District 28 — where Nim Park sits — in the last 12 months, across all property types.
Active agents · 12mo
4,250
District 28 · closed ≥1 deal
Deals on record
11,612
all-time · all property types
Source: CEA public transaction records, attributed to District 28across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Nim Park and what's nearby?
Nim Park is located in Serangoon, in the North-East Region of Singapore.
Nim Park is a freehold condominium completed in 1983. It was developed by KEDRON INVESTMENTS PTE LTD. The development has 56 residential units. It sits on a land area of 17,741 sqm.
NIM PARK is located at 21A Nim Road, Singapore 807545. It is part of District 28, Seletar / Yio Chu Kang, Serangoon. The project falls within the North-East Region and the OCR market segment.
Nearby amenities include Greenwich V for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Mimosa Rd Pg for greenery and recreation. Facilities in the development include Car Park, Playground, and Tennis courts.
Who built Nim Park and how big is the development?
Nim Park was developed by KEDRON INVESTMENTS PTE LTD, designed by AGA ARCHITECTS PTE LTD, with 56 units.
- Developer
- KEDRON INVESTMENTS PTE LTD
- Architect
- AGA ARCHITECTS PTE LTD
- Main contractor
- TPS CONSTRUCTION PTE LTD
- Land area
- 17,741 sqm (190,962 sqft)
How far is Nim Park from MRT and schools?
Schools nearby
- Fernvale Primary SchoolPrimary school1.5 km
- Serangoon Garden Secondary SchoolSecondary school1.5 km
- Rosyth SchoolPrimary school1.6 km
- Anderson Secondary SchoolSecondary school1.6 km
- Sengkang Green Primary SchoolPrimary school1.7 km
- Jing Shan Primary SchoolPrimary school1.7 km
- Pei Hwa Secondary SchoolSecondary school1.8 km
- Hougang Primary SchoolPrimary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Nim Park have?
Nim Park has 3 facilities, including Car Park, Playground, Tennis courts.
What does it cost to own a unit at Nim Park?
Buying a unit at Nim Park (~S$800k) needs about S$5,856/mo in income and S$2,694/mo in repayments, after S$18,600 stamp duty and a S$200k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$800k) 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$18,600
BSD, tiered
Downpayment (25%)
S$200k
cash + CPF
Monthly instalment
S$2,694/mo
30y @ 3.5%
Income required
S$5,856/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 →
Thinking about Nim Park? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Nim Park's own transactions.
PropKakiRecent units at Nim Park sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Nim Park
How much does a unit at Nim Park cost?⌄
Units at Nim Park have recently transacted around S$800k (S$410 psf), from 19 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Nim Park?⌄
For a unit around S$800k as a first home, you'd need roughly S$5,856/mo in income (assessed at the stress-test rate), with repayments near S$2,694/mo after a S$200k (25%) downpayment and S$18,600 Buyer's Stamp Duty.
Is Nim Park a good investment?⌄
Gross rental yield is about 1.8%; median PSF has fallen about 25% since 1995. 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 Nim Park going up?⌄
The median transacted PSF at Nim Park has fallen about 25% between 1995 and 2004, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Nim Park freehold or leasehold?⌄
Nim Park is freehold — ownership does not expire.
When was Nim Park built and who developed it?⌄
Nim Park obtained TOP in 1983, developed by KEDRON INVESTMENTS PTE LTD, with 56 units.