PARKWAY VIEW is a 65-year balance leasehold development along MARINE PARADE in District 15 (Katong / Joo Chiat), part of the RCR segment of Singapore's private residential market. The project comprises 26 units and is TOP 1992.
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 VIEW 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 63 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PARKWAY VIEW dashboard.
- · RCR · D15 · 26 units
About PARKWAY VIEW
PARKWAY VIEW is a condominium, located at MARINE PARADE in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by MARABEL INVESTMENTS PTE LTD, comprising 26 residential units, completed in 1992.
With approximately 65 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Rental Market Overview
PARKWAY VIEW has recorded 63 rental transactions with monthly rents averaging $5,420/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 63 | $5,420/mo | $3,692/mo | $7,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $4,365/mo |
| 2022 | 6 | $4,279/mo |
| 2023 | 18 | $5,228/mo |
| 2024 | 13 | $5,659/mo |
| 2025 | 21 | $5,810/mo |
| 2026 | 3 | $5,800/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 VIEW (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PARKWAY VIEW
- Marine Parade MRT
- Marine Terrace MRT
- Tanjong Katong MRT
- CHIJ (Katong) Primary
- Canadian International School (Tanjong Katong)
- Broadrick Secondary School
Nearby MRT Stations
PARKWAY VIEW is 190m from Marine Parade MRT (Thomson-East Coast Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Parade | TE26 | Thomson-East Coast Line | 190m |
| Marine Terrace | TE27 | Thomson-East Coast Line | 1.1 km |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 1.1 km |
Nearby Schools
There are 10 schools within 2 km of PARKWAY VIEW, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 440m |
| Canadian International School (Tanjong Katong) | International | 660m |
| Broadrick Secondary School | Secondary | 740m |
| EtonHouse International School (Broadrick) | International | 740m |
| Tanjong Katong Girls' School | Secondary | 750m |
| Tao Nan School | Primary | 790m |
| Tanjong Katong Primary School | Primary | 870m |
| Haig Girls' School | Primary | 1.3 km |
| Telok Kurau Primary School | Primary | 1.5 km |
| Canossa Catholic Primary School | Primary | 1.6 km |
Genuine walk-to-MRT access. Marine Parade sits about 0.19km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 26 units, PARKWAY VIEW 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 0.44km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Lease tenor below 75 years. With roughly 65 years remaining, CPF usage starts to be capped (the 95-year rule reduces utilisation as lease decays), and bank loan tenor compresses correspondingly. The resale buyer pool narrows toward older buyers with shorter horizons.
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 VIEW 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 VIEW?
What is the rental yield for PARKWAY VIEW?
Is PARKWAY VIEW freehold or leasehold?
How far is the nearest MRT from PARKWAY VIEW?
What is the tenure of PARKWAY VIEW?
How does PARKWAY VIEW compare to other projects in the district?
What stamp duty applies for a foreign buyer of PARKWAY VIEW?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Rental data: 63 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 VIEW
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.