Best Condos in District 5 (Pasir Panjang, Clementi)

District 5, encompassing Pasir Panjang and Clementi, features a market dominated by 99-year leasehold developments with transaction volumes led by Normanton Park at 1,882 units. Pricing in this district spans a wide range, from $1,544.785 PSF at Parc Riviera to $2,552.391 PSF at Elta. The area serves as a residential hub for the National University of Singapore and the one-north tech cluster, with 10 major projects accounting for over 5,800 transactions in recent years.

Market data reveals a distinct price tiering between projects with 2015-2019 lease commencements and newer 2022-2024 launches. Developments such as Whistler Grand and Parc Riviera maintain average prices between $1,544.785 and $1,627.816 PSF, while newer entries like Elta and Bloomsbury Residences have reached averages of $2,552.391 and $2,501.373 PSF respectively. Normanton Park and Parc Clematis show high liquidity with a combined 3,206 transactions, reflecting strong demand for projects with 2019 lease starts. A price gap of approximately $884 PSF exists between the most affordable project, Parc Riviera, and the highest-priced project, Elta. Kent Ridge Hill Residences and Normanton Park occupy the mid-range segment, priced closely at $1,819.752 and $1,816.473 PSF.