PARKWAY APARTMENT is a 99-year leasehold development along AMBER ROAD in District 15 (Katong / Joo Chiat), part of the RCR segment of Singapore's private residential market. The project comprises 8 units and is an established secondary-market project.
This profile draws on 0 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 15 (Katong / Joo Chiat), the immediate context for PARKWAY APARTMENT is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 0 sales and 4 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PARKWAY APARTMENT dashboard.
- · RCR · D15 · 8 units
About PARKWAY APARTMENT
PARKWAY APARTMENT is a condominium, located at AMBER ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), comprising 8 residential units.
Rental Market Overview
PARKWAY APARTMENT has recorded 4 rental transactions with monthly rents averaging $5,300/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 5+ BR | 4 | $5,300/mo | $3,300/mo | $10,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 1 | $3,300/mo |
| 2022 | 1 | $3,300/mo |
| 2024 | 2 | $7,300/mo |
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Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,537 psf | 909 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 754 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,462 psf | 634 |
| AMBER PARK | Freehold | 592 | $2,544 psf | 392 |
Location Map
Map shows PARKWAY APARTMENT (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PARKWAY APARTMENT
- Marine Parade MRT
- Tanjong Katong MRT
- CHIJ (Katong) Primary
- Tanjong Katong Primary School
- Tao Nan School
Nearby MRT Stations
PARKWAY APARTMENT is 790m from Marine Parade MRT (Thomson-East Coast Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Parade | TE26 | Thomson-East Coast Line | 790m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 840m |
Nearby Schools
There are 9 schools within 2 km of PARKWAY APARTMENT, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 690m |
| Tanjong Katong Primary School | Primary | 840m |
| Tao Nan School | Primary | 890m |
| Canadian International School (Tanjong Katong) | International | 980m |
| Broadrick Secondary School | Secondary | 990m |
| EtonHouse International School (Broadrick) | International | 990m |
| Tanjong Katong Girls' School | Secondary | 1.1 km |
| Haig Girls' School | Primary | 1.3 km |
| Geylang Methodist School (Secondary) | Secondary | 2.0 km |
Walking-distance MRT. Marine Parade is about 0.79km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 8 units, PARKWAY APARTMENT keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. CHIJ (Katong) Primary sits about 0.69km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 0 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "amber",
"reason": "Lease horizon constrains long-hold optionality"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "amber",
"reason": "Plan exit timing around lease-decay thresholds"
}
]
Composite assessment: PARKWAY APARTMENT benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 0 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for PARKWAY APARTMENT?
What is the rental yield for PARKWAY APARTMENT?
Is PARKWAY APARTMENT freehold or leasehold?
How far is the nearest MRT from PARKWAY APARTMENT?
What is the tenure of PARKWAY APARTMENT?
How does PARKWAY APARTMENT compare to other projects in the district?
What stamp duty applies for a foreign buyer of PARKWAY APARTMENT?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Rental data: 4 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for PARKWAY APARTMENT
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.