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Singapore Property News, Insights and Analysis

Completed 1993

Emerald Park

D03 · Alexandra / Commonwealth · 2 Indus Road

A 280-unit condo in D03, completed in 1993, on a 99-year lease from 1991 with about 63 years left. Developed by Far East Organisation.

Source: Condo master (URA caveats); URA transactions, Nov 2026

63 yrs
Lease left
$1,582
Avg $psf, 12 months
3
Sales, 12 months
1993
Completed

What brings you to Emerald Park?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $1.488M, across 3 sales. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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02 — Prices

Emerald Park prices

Last 12 months
3
Sales
$1,582
Average $psf
$1,534 – $1,642
$psf range
$1.42M – $1.52M
Price range
By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft20 sales$1,594 psfAvg $1.53M$1.35M – $1.8M
1,100–1,299 sq ft1 sale$1,619 psf$1.9M
1,300–1,599 sq ft4 sales$1,309 psfAvg $1.92M$1.72M – $2M
Average $psf by year
In 2025, sales here averaged $1,527 psf, 44% below the D03 average of $2,713 psf for private homes (condos, apartments and ECs).
This condoD03 average
Show as a table
YearThis condoD03 average
2026$1,588$2,389
2025$1,527$2,713
2024$1,554$2,201
2023$1,565$2,259
2022$1,292$2,292
2021$1,244$2,042
2020$1,230$2,004
2019$1,282$1,962
2018$1,241$1,759
2017$1,123$1,686
2016$999$1,610
2015$1,133$1,569
Sales by year
238 sales since 2007; the busiest year was 2007 with 36. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202622
202588
20241414
202366
202222
20211414
202099
201966
201844
201788
201666
20151010
201422
201344
20121111
20113131
20102424
20092727
20081414
20073636
Sales in the last two years
14 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
8 May 2026#06-XX926 sq ft$1.52M$1,642 psfResale
31 Mar 2026#02-XX926 sq ft$1.42M$1,534 psfResale
10 Dec 2025#09-XX947 sq ft$1.49M$1,571 psfResale
17 Sep 2025#14-XX1,561 sq ft$2M$1,281 psfResale
22 Aug 2025#01-XX926 sq ft$1.46M$1,572 psfResale
7 Jul 2025#07-XX947 sq ft$1.61M$1,700 psfResale
6 Jun 2025#05-XX926 sq ft$1.45M$1,565 psfResale
22 May 2025#14-XX1,410 sq ft$1.72M$1,220 psfResale
2 May 2025#08-XX926 sq ft$1.53M$1,653 psfResale
21 Apr 2025#09-XX947 sq ft$1.57M$1,657 psfResale
Show all 14 sales
Compared with nearby condos
Compared with D03 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Emerald Park rent

Leases starting Sep 2025–Aug 2026
59
Leases
$4,500
Median rent a month
$1.48M
Avg sale price, 12 months
3.7%
Est. gross yield

D03 median rent: $4,700 a month; est. gross yield 2.6%.

By bedroom type
TypeLeasesMedian rentMiddle halfD03 median
2-Bedroom33 leases$4,300 median$4,050 – $4,400D03 $4,750
3-Bedroom26 leases$5,200 median$4,738 – $5,350D03 $6,500
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
63years left of 99
1991Ends 2090

99-year lease from 1 Sep 1991. About 63 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Emerald Park floor plans by bedroom type

17 layouts. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Emerald Park

MRT stations
TE Havelock 740 m · 9 min walk
EW Tiong Bahru 770 m · 9 min walk
TE Great World 1.2 km · 15 min walk
NETEEW Outram Park 1.7 km · 20 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Alexandra Primary School 660 m · 12 min walk
Zhangde Primary School 750 m · 15 min walk
River Valley Primary School 840 m · 19 min walk
Within 2 km
CHIJ (Kellock) 1.6 km · 31 min walk
Gan Eng Seng Primary School 1.7 km · 30 min walk
Radin Mas Primary SchoolPopular 1.8 km · 30 min walk
Cantonment Primary School 1.9 km · 29 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Kim Seng Park 830 m · 10 min
Clinic Havelock Family Clinic 370 m · 4 min
Supermarket FairPrice 610 m · 7 min
Hawker centre Havelock Road Cooked Food Centre 350 m · 4 min
Map of the area around Emerald Park, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

07 — Nearby

Condos and supply around Emerald Park

Upcoming supply
Zion Road (Parcel B)300 m · about 578 units · 0.93 ha Awarded · $14,040 psm GFA · Aug 2024
Zion Road (Parcel A)300 m · about 951 units · 1.53 ha Awarded · $12,937 psm GFA · Apr 2024
River Valley Green (Parcel C)660 m · about 447 units · 1.15 ha Awarded · $18,622 psm GFA · Jun 2026
River Valley Green (Parcel B)660 m · about 456 units · 1.17 ha Awarded · $15,285 psm GFA · Feb 2025

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

08 — From Stacked

Read more about Emerald Park

10 more articles mention Emerald Park.

Source: Stacked Homes editorial

09 — FAQ

Questions about Emerald Park

How many years are left on the lease at Emerald Park?

About 63 years. It is a 99-year lease from 1991.

When was Emerald Park completed?

1993.

How many units does Emerald Park have?

280 units, up to 14 storeys.

What is the price psf at Emerald Park?

3 sales in the last 12 months averaged $1,582 psf, ranging from $1,534 to $1,642 psf.

What did the latest sale go for?

A 926 sq ft unit sold for $1.52M ($1,642 psf) on 8 May 2026.

How much is the rent at Emerald Park?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,500 a month ($4,300 for a 2-bedroom and $5,200 for a 3-bedroom). That is an estimated gross yield of about 3.7%, before costs.

What is the nearest MRT station?

Havelock (TE), a 9-minute walk (740 m). Tiong Bahru (EW) is 770 m away.

Which primary schools are within 1 km?

Alexandra Primary School, 660 m away, Zhangde Primary School, 750 m away and River Valley Primary School, 840 m away.

Who developed Emerald Park?

Far East Organisation.

Answers generated from the data on this page, Nov 2026