Best Condos in District 5 (Pasir Panjang, Clementi)

District 05, encompassing Pasir Panjang and Clementi, serves as a major residential hub adjacent to the National University of Singapore and the one-north technology cluster. Transaction data indicates a diverse price range for 99-year leasehold properties, starting from $1,544.785 psf at Parc Riviera to $2,552.391 psf at Elta. High-volume developments like Normanton Park and Parc Clematis have recorded 1,882 and 1,324 transactions respectively, indicating significant market activity in this region.

Market data reveals a distinct price tiering based on lease commencement dates and proximity to employment hubs. Projects with leases starting around 2019, such as Clavon ($1,668.206 psf) and Parc Clematis ($1,681.726 psf), show average prices approximately 33% lower than newer 2024 launches like Bloomsbury Residences ($2,501.373 psf). Developments near the one-north tech hub, including Blossoms by the Park and Elta, command higher average prices between $2,444.437 and $2,552.391 psf. Transaction volume is concentrated in large-scale projects, with Normanton Park accounting for 1,882 transactions at an average of $1,816.473 psf. The lowest entry point among the high-volume projects is Parc Riviera, which averages $1,544.785 psf with a lease commencing from 2015.