Carissa Park Condominium Price Trends and Market Analysis
Carissa Park Condominium on Flora Drive in District 17 shows stable resale prices averaging S$1,000–S$1,200 psf in 2025, with 43 transactions over the last three years and recent sales up to S$1,670K.[1][2][3]
This cluster article dives into Carissa Park Condominium price trends and market analysis, providing data-driven insights for buyers and investors. For a full overview of units, facilities, and location, see our pillar guide: Carissa Park Condominium D17: Complete Guide to Units, Prices & Living.Carissa Park Condominium D17: Complete Guide to Units, Prices & Living Homejourney verifies all data to ensure you make safe, informed decisions in Singapore's property market.
Project Overview: Key Facts on Carissa Park Condominium
Carissa Park Condominium is a freehold development in the Outside Central Region (OCR), District 17 (Changi, Loyang), along Flora Drive.[1] It features 3 blocks with a mix of unit sizes from 624 sqft (58 sqm) to 3,014 sqft (280 sqm), totaling around 528 units.[1][7]
TOP was obtained years ago, making it a mature estate ideal for resale buyers seeking established facilities like pools, gyms, and 24-hour security. As a Singapore condo in D17, it appeals to families and investors due to its spacious layouts and low-density vibe.
Current Price Trends (2025 Data)
Recent resale prices range from S$936 psf to S$1,296 psf, averaging S$1,173–S$1,199 psf based on 2025 transactions.[2] For example, a 1,324 sqft unit sold for S$1,670K (S$1,261 psf) in Dec 2025, while smaller 600–700 sqft units fetched S$2,500–S$3,050 monthly rents.[3]
Average sale prices by size:
- 624–646 sqft: S$709K–S$733K (S$1,098–S$1,174 psf)[1]
- 926–1,119 sqft: S$997K–S$1,048K (S$936–S$1,077 psf)[1]
- 1,238–1,647 sqft: S$1,189K–S$1,637K (S$942–S$994 psf)[1]
- Larger 2,110–3,014 sqft: S$2M–S$2.415M (S$801–S$950 psf)[1]
Prices have held steady, with 43 resales over three years, the latest in Aug 2025.[1] Disclaimer: Prices fluctuate; verify latest via Homejourney's project analysis for real-time data.[6]
Historical Price Analysis and PSF Trends
Over the last 12–36 months, Carissa Park Condominium price trends show resilience in D17's OCR market. PSF peaked at S$1,296 in Sep 2024 for a 926 sqft unit, with averages dipping slightly for larger units but recovering in 2025.[2][3]
Rental yields are attractive: 600–700 sqft units rent at S$2,950–S$4,920 (S$4.21–S$5.08 psf), 900–1,000 sqft at S$3,200–S$3,450 (S$3.20–S$3.83 psf), and larger at S$3,550–S$6,300 (S$2.29–S$3.75 psf).[3] This suggests 3–4% yields, strong for freehold properties.
Compared to D17 averages, Carissa Park offers value: smaller units trade at a premium psf due to scarcity, while bigger ones provide better absolute value for families.[1][2]
Market Factors Driving Carissa Park Prices
District 17's growth, fueled by Changi Airport proximity and future MRT extensions, supports appreciation. Easy access via PIE and ECP (5–10 min drive) boosts appeal, though no direct MRT (Expo MRT ~10-min drive).[1]
Nearby amenities like Loyang Point mall (groceries, dining), hawker centres, and schools (Loyang Primary, secondary options) enhance livability. URA data shows OCR demand rising with cooling measures easing.[1]
Insider tip: Low-density blocks mean quieter living—perfect for families avoiding high-rise hustle. Homejourney's verified listings ensure transparent transactions.
Investment Potential and Rental Yields
Property investment in Carissa Park shines with freehold tenure and stable condo prices. Capital gains outlook is positive (5–7% annually projected for D17), driven by limited supply and airport-related jobs.[1][2]
Rental demand from expats and locals yields 3–4%, outperforming newer leaseholds. Liquidity is good with 43 sales in 3 years.[1] Future upside: Nearby Paya Lebar Air Base redevelopment could lift values.
Actionable steps for investors:
- Check browse available units on Homejourney.
- Use our mortgage calculator for financing.Bank Rates
- Compare via detailed project analysis.[6]
- Speak to agents: Contact an agent.
Pros, Cons, and Buyer Evaluation Framework
Pros: Freehold status, spacious units, strong yields, serene D17 location.[1]
Cons: Further from CBD (20–25 min drive), limited public transport upgrades soon.[1]
Best for: Families/investors valuing space over centrality. Evaluate: PSF vs. size needs, yield targets, maintenance (check aircon services post-purchase).Aircon Services
FAQ: Carissa Park Condominium Price Trends
What are the latest Carissa Park Condominium prices?
Resale averages S$1,173 psf (S$709K–S$2.415M), with Dec 2025 sale at S$1,670K.[1][2][3]
Is Carissa Park a good investment in 2026?
Yes, freehold with 3–4% yields and D17 growth potential.[1]
How do rental prices trend at Carissa Park?
S$2,500–S$6,300/month, stable with slight uptick in 2025.[3]
Compare Carissa Park PSF to nearby condos?
Competitive at S$1,000–1,200 psf vs. D17 norms; value in larger units.[1][2]
Where to find verified Carissa Park listings?
Homejourney search for safe, trusted options.
Ready to explore Carissa Park Condominium price trends and market analysis? Start with Homejourney's verified tools for transparent, secure property decisions. View full analysis today.
