FreeholdOCRDistrict 28 (Serangoon)

Nim Park

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2007 (URA)
Quick Summary

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).

Key facts about Nim Park
TenureFreehold
TOP year1983
DeveloperKEDRON INVESTMENTS PTE LTD
Units56
District and areaDistrict 28 · Serangoon · OCR
Latest median psfS$410 psf, last 12 URA caveats to May 2007
1

What's for sale and for rent at Nim Park?

Key Takeaway

No units at Nim Park are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Nim Park?

Key Takeaway

Floor plans for Nim Park aren't in PropKaki's library yet. Across 19 URA caveats, units range from 1,238 sqft to 118,576 sqft, and the middle half are 2,121 sqft to 2,260 sqft.

3

What is the price and PSF at Nim Park?

Key Takeaway

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.

4

What has recently sold at Nim Park?

Key Takeaway

Nim Park has 19 recorded sales; the most recent transacted at S$84,000,000 in May 2007 (URA caveat data).

DatePriceSize (sqft)PSF
May 2007S$84,000,000118,576S$708 psf
Jun 2006S$800,0002,121S$377 psf
Jun 2004S$720,0002,121S$340 psf
Mar 2004S$660,0002,121S$311 psf
Jan 2004S$760,0002,121S$358 psf
Aug 2000S$600,0001,238S$485 psf
Mar 2000S$950,0002,121S$448 psf
Nov 1999S$900,0002,121S$424 psf
Sept 1999S$870,0002,121S$410 psf
May 1999S$870,0002,121S$410 psf
Jul 1998S$698,0002,260S$309 psf
Jul 1997S$1,400,0002,260S$619 psf

19 sales and 29 rentals on record since Mar 1995. Source: URA.

5

Are prices at Nim Park rising?

Key Takeaway

The median transacted PSF at Nim Park has fallen 25% over the past 9 years (19952004), from S$453 psf to S$340 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2004S$340 psfS$720k3-24.1%
2000S$448 psfS$600k2+9.3%
1999S$410 psfS$870k3-20.7%
1996S$517 psfS$1.17M2+14.1%
1995S$453 psfS$950k5

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

6

Is Nim Park a good investment?

Key Takeaway

Nim Park has only 9 resales on record, too few to judge on its own. Across District 28, 88% of 6,082 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 7.1-year hold (URA caveats, before costs). Its gross rental yield is about 1.8%. Past resale results don't predict future returns, and this is not financial advice.

District 28 sold for more

88%

of 6,082 private resales

Median gain

30%

gross, before costs

Median hold

7.1 years

bought to resold

Nim Park has fewer than 10 matched resales, so the figures are for District 28 as a whole. Check the odds for your unit size and holding period →

7

Where is Nim Park and what's nearby?

Key Takeaway

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.

8

How far is Nim Park from MRT and schools?

Key Takeaway

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

Mall: Greenwich V · 815 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 815 mPark: Mimosa Rd Pg · 280 m

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

9

Who built Nim Park and how big is the development?

Key Takeaway

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)
10

What facilities does Nim Park have?

Key Takeaway

Nim Park has 3 facilities, including Car Park, Playground, Tennis courts.

Car ParkPlaygroundTennis courts
11

What does it cost to own a unit at Nim Park?

Key Takeaway

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

Read how to tell if a condo is profitable →

12

How many property agents are active around Nim Park?

Key Takeaway

4,251 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

4,251

District 28 · closed ≥1 deal

Deals on record

11,628

all-time · all property types

Source: CEA public transaction records, attributed to District 28 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 Nim Park? Ask before you commit.

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

PropKaki
Is Nim Park a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about Nim Park

Is Nim Park freehold?

Yes. Nim Park is freehold, so ownership does not run out.

How old is Nim Park?

Nim Park was completed (obtained TOP) in 1983, so it is about 43 years old.

Is Nim Park a good investment?

Nim Park has only 9 resales on record, too few to judge on its own. Across District 28, 88% of 6,082 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 7.1-year hold (URA caveats, before costs). Its gross rental yield is about 1.8%. Past resale results don't predict future returns, and this is not financial advice.

Is Nim Park an EC?

No. Nim Park is a private condominium, not an executive condominium (EC).

Who is the developer of Nim Park?

Nim Park was developed by KEDRON INVESTMENTS PTE LTD.

What is the price of a condo at Nim Park?

Units at Nim Park have recently sold for around S$800k (S$410 psf), the median of the last 12 URA caveats to May 2007. The price depends on size, floor and facing.

Where is Nim Park located?

Nim Park is at 21A Nim Road, Singapore 807545, in Serangoon (District 28).

How many units are there in Nim Park?

Nim Park has 56 units.

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.

Are prices at Nim Park going up?

The median price per square foot at Nim Park has fallen about 25% between 1995 and 2004, based on URA caveats. The year-by-year figures are in the price-trend table above.