Monterey Park Condominium rent and sale price

D05 / Pasir Panjang, Hong Leong Garden, Clementi New Town

Monterey Park Condominium market snapshot with median rent, sale price, sale PSF and transaction counts
Address 27 West Coast Rise Monterey Park Condominium Singapore 127470
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Typical rent $5,000 204 rentals
Typical sale price $2,225,000 28 sales
Typical sale PSF $1,536 psf Average $1,563 psf
Estimated gross yield 2.7% Median annual rent / median sale
Condominium, Non-Landed Properties 232 transactions 999-year leasehold from 1885 Latest records Jun 2026
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Quick summary about Monterey Park Condominium

Monterey Park Condominium is a 999-year leasehold condominium in D05 / Pasir Panjang, Hong Leong Garden, Clementi New Town. The page currently tracks 204 rentals and 28 sales.

Monterey Park Condominium Market Position

How this project compares with the wider D05 market before you read the detailed tables.

Rent vs D05 +22.0%

Rents above district median

Monterey Park Condominium's median rent is $5,000 compared with the D05 median of $4,100. Use this as the district-level check before narrowing by bedroom and area band.

Sale PSF vs D05 -17.6%

Sale PSF below district median

Monterey Park Condominium's median sale PSF is $1,536 psf versus the D05 median of $1,864 psf. A premium should be explained by tenure, condition, floor, view or scarcity.

Rent support 2.70%

Rent support near district screen

Gross yield is roughly 2.70% versus a D05 screen of 2.77%. Treat this as a first-pass rent support signal before costs, vacancy and financing.

Rent stability 46.0% spread

Rent is uneven

Recent median rents vary a lot, usually because unit mix differs month to month.

Market activity +0.0%

Activity is steady

Recent transaction volume is close to the prior 6-month view.

Tenure lens 999-year leasehold

Leasehold comparison needed

999-year leasehold from 1885 matters most on sale price. Compare Monterey Park Condominium against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.

Monterey Park Condominium Decision Snapshot

Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.

Median rent $5,000

Is the asking rent fair?

$4,750 to $5,250 is the first fair-rent band to check. Above $5,250 should have a visible reason.

Median sale PSF $1,536 psf

Is the purchase price fair?

$2,160,000 to $2,290,000 and $1,490 to $1,580 psf are the first sale checks before adjusting for floor, size, view and condition.

3 bed rent $5,100

Are similar units renting for more?

3 bed and 1,300 to 1,400 sqft give the closest unit-size checks.

Rent stability 46.0% spread

Is rent stable here?

Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.

Transaction volume +0.0%

Is activity rising?

Activity is steady. Recent transaction volume is close to the prior 6-month view.

Run Monterey Park Condominium numbers

Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.

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Monterey Park Condominium Project Facts

Project-level details from URA records and local enrichment.

Tenure 999-year leasehold from 1885
Property type Condominium, Non-Landed Properties
Sales 28 resale transactions
Total sold value $63.2M

Monterey Park Condominium Data Coverage

Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.

Rentals 204 Jun 2021 to May 2026
Sale transactions 28 Jun 2021 to May 2026
Rent trend 20.4% Last 3 months
Sale PSF trend 0.6% Last 3 months

Monterey Park Condominium Location

Nearest transport, schools and daily conveniences around the project.

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Project MRT School Amenities

Nearby

Approximate distance from the project. Walking, driving and transit routes may differ.

Closest MRT

PANDAN RESERVOIR MRT STATION 0.98 km away
JURONG TOWN HALL MRT STATION 1.37 km away
CLEMENTI MRT STATION (EW23) 1.4 km away

Schools nearby

AMP-MERCU STUDENT CARE CENTRE @ QIFA PRIMARY SCHOOL 0.57 km away
QIFA PRIMARY SCHOOL 0.58 km away
THE JAPANESE SECONDARY SCHOOL 0.73 km away
COMMONWEALTH SECONDARY SCHOOL 0.83 km away

Amenities

FORUM THE SHOPPING MALL Mall / retail · 8.53 km away
FAIRPRICE HUB Daily needs · 8.31 km away
PANDAN GARDENS PARK CONNECTOR Park / green link · 0.41 km away
MARKET & HAWKER CENTRE (BLK 448 CLEMENTI AVENUE 3) Food centre · 1.37 km away

Projects Similar to Monterey Park Condominium

Same district, ranked by similar rent, sale PSF and transaction depth.

View D05

Monterey Park Condominium Rent by Bedrooms

Monthly rent by recorded bedroom count.

Bedrooms Median rent Average rent Transactions
2 bed $4,000 $3,730 35
3 bed $5,100 $4,927 121
4 bed $6,000 $5,755 48

Monterey Park Condominium Rent by Size

Monthly rent by recorded URA floor area band.

Area band Median rent Average rent Transactions
900 to 1,000 sqft $4,000 $4,000 1
1,000 to 1,100 sqft $3,900 $3,683 32
1,100 to 1,200 sqft $4,350 $4,350 2
1,200 to 1,300 sqft $4,400 $4,503 19
1,300 to 1,400 sqft $5,000 $4,808 64
1,400 to 1,500 sqft $5,500 $5,183 21
1,500 to 1,600 sqft $4,850 $4,767 6
1,600 to 1,700 sqft $6,000 $5,703 40

Monterey Park Condominium Sale PSF by Floor

Median sale price and PSF by recorded floor band.

Floor band Median sale Median PSF Transactions
01 to 05 $2,180,000 $1,451 psf 11
06 to 10 $2,200,000 $1,674 psf 13
11 to 15 $2,493,444 $1,582 psf 4

Monterey Park Condominium Latest Transactions

Most recent URA rentals and sales for this project.

Rentals

$6,200 4 bed · 1,600 to 1,700 sqft · May 2026
$4,150 2 bed · 1,000 to 1,100 sqft · Apr 2026
$5,100 3 bed · 1,300 to 1,400 sqft · Apr 2026
$6,500 4 bed · 2,300 to 2,400 sqft · Apr 2026
$5,200 3 bed · 1,300 to 1,400 sqft · Apr 2026
$6,500 4 bed · 1,600 to 1,700 sqft · Mar 2026
$6,400 3 bed · 1,300 to 1,400 sqft · Mar 2026
$4,450 3 bed · 1,200 to 1,300 sqft · Mar 2026

Sales

$2,500,000 1,367 sqft · $1,829 psf · 06 to 10 · May 2026
$1,860,000 1,023 sqft · $1,819 psf · 06 to 10 · May 2026
$2,560,000 1,421 sqft · $1,802 psf · 06 to 10 · Feb 2026
$2,520,000 1,701 sqft · $1,482 psf · 01 to 05 · Dec 2025
$2,460,000 1,313 sqft · $1,873 psf · 06 to 10 · Apr 2025
$2,538,000 1,389 sqft · $1,828 psf · 11 to 15 · Apr 2025
$2,500,000 1,421 sqft · $1,760 psf · 06 to 10 · Jan 2025
$2,450,000 1,367 sqft · $1,792 psf · 06 to 10 · Nov 2024

How to use this data

Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.

Rent signal Strong Good project-level rent anchor
Sale signal Moderate Useful, compare nearby projects
Rent negotiation

If you are renting

Monterey Park Condominium shows a typical monthly rent of $5,000 across 204 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $5,000
Rentals 204
Rent signal Strong
  • If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
  • If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check

If you are buying

Recent sales at Monterey Park Condominium point to a typical sale price of $2,225,000 and $1,536 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $2,225,000
Median PSF $1,536 psf
Sale signal Moderate
  • Compare the unit against the sale by floor table before deciding whether a premium makes sense.
  • 999-year leasehold from 1885 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position

If you are selling

For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Monterey Park Condominium has 28 sales on this page, so pricing should be checked against actual recent contracts before listing.

Sale signal Moderate
Total sold value $63.2M
Latest record May 2026
  • Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
  • If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.

District context

Use D05 to compare Monterey Park Condominium against the wider area.

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About this data

How to read the rental and sale figures on this page.

Rental figures come from URA private residential rent data. Rent is shown as monthly rent.

Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.

Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.

Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.

Monterey Park Condominium FAQ

Quick answers for renters, buyers and owners comparing this project.

What is the typical rent at Monterey Park Condominium?

Monterey Park Condominium has a median monthly rent of $5,000 across 204 rentals.

What is the typical sale price at Monterey Park Condominium?

The median sale price for Monterey Park Condominium is $2,225,000, based on 28 sales on this page.

What is the median sale PSF at Monterey Park Condominium?

The median sale price per square foot for Monterey Park Condominium is $1,536 psf. The average sale PSF is $1,563 psf.

Is Monterey Park Condominium freehold or leasehold?

Monterey Park Condominium is listed as 999-year leasehold from 1885. Tenure is tied to the project and is most relevant when reviewing sale transactions.

Where is Monterey Park Condominium located?

Monterey Park Condominium is located at 27 West Coast Rise Monterey Park Condominium Singapore 127470 in D05 / Pasir Panjang, Hong Leong Garden, Clementi New Town.

How current is the Monterey Park Condominium transaction data?

The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.