PARKWOOD COLLECTION is a 90-year balance leasehold development along LORONG 1 REALTY PARK in District 19 (Hougang / Punggol / Serangoon), part of the OCR segment of Singapore's private residential market. The project comprises a compact unit count and is TOP 2021.
This profile draws on 46 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.
At roughly 5 years from TOP, PARKWOOD COLLECTION is in the early-mature phase: facilities are well-broken-in, strata operations are stable, and pricing has been through one or two market cycles — making comparable-sales analysis meaningful.
Within District 19 (Hougang / Punggol / Serangoon), the immediate context for PARKWOOD COLLECTION 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 46 sales and 2 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PARKWOOD COLLECTION dashboard.
- Average sale price: $3,955,326 across 46 transactions
- Estimated gross rental yield: 3.4%
- District 19 PSF ranking: Value tier (top 96%)
- 99 yrs lease commencing from 2017 · OCR · D19
About PARKWOOD COLLECTION
PARKWOOD COLLECTION is a 99 yrs lease commencing from 2017 condominium, located at LORONG 1 REALTY PARK in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), completed in 2021.
With approximately 90 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Sales Market Overview
PARKWOOD COLLECTION has recorded 46 sale transactions with an average transaction price of $3,955,326, ranging from $3,020,000 to $5,500,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 16 | $764 psf | $3,731,500 | — |
| 2022 | 23 | $788 psf | $4,011,870 | ↑ 3.2% |
| 2024 | 4 | $915 psf | $4,187,500 | ↑ 16.1% |
| 2025 | 3 | $854 psf | $4,406,000 | ↓ 6.7% |
PARKWOOD COLLECTION ranks in the top 96% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, PARKWOOD COLLECTION trades 48.7% below the segment benchmark.
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Rental Market Overview
PARKWOOD COLLECTION has recorded 2 rental transactions with monthly rents averaging $11,350/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 2 | $11,350/mo | $9,200/mo | $13,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2024 | 2 | $11,350/mo |
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Investment Analysis
Based on average rents and sale prices, PARKWOOD COLLECTION delivers an estimated gross rental yield of 3.4%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 860 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 844 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,589 psf | 622 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 596 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,735 psf | 462 |
Location Map
Map shows PARKWOOD COLLECTION (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PARKWOOD COLLECTION
- Hougang MRT
- Kovan MRT
- Hougang Primary School
- Hougang Secondary School
- Holy Innocents'
Nearby MRT Stations
PARKWOOD COLLECTION is 580m from Hougang MRT (North-East Line), with 2 stations within 1.5 km.
Nearby Schools
There are 15 schools within 2 km of PARKWOOD COLLECTION, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Hougang Primary School | Primary | 500m |
| Hougang Secondary School | Secondary | 580m |
| Holy Innocents' Primary School | Primary | 590m |
| Holy Innocents' High School | Secondary | 680m |
| St. Gabriel's Primary School | Primary | 720m |
| Xinmin Primary School | Primary | 1.0 km |
| Montfort Secondary School | Secondary | 1.1 km |
| Xinmin Secondary School | Secondary | 1.2 km |
| Montfort Junior School | Primary | 1.2 km |
| Townsville Primary School | Primary | 1.4 km |
| Rosyth School | Primary | 1.4 km |
| Zhonghua Primary School | Primary | 1.6 km |
Long balance lease. With 90+ years of lease remaining, PARKWOOD COLLECTION sits comfortably in the freehold-equivalent zone for practical purposes — CPF usage is full, max loan tenure is unconstrained, and resale liquidity to younger SC/PR buyers stays broad.
Walking-distance MRT. Hougang is about 0.58km — 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.
School-belt proximity. Hougang Primary School sits about 0.50km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
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.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"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": "green",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: PARKWOOD COLLECTION combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 46 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. 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
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Is PARKWOOD COLLECTION freehold or leasehold?
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Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 46 transactions analysed
- Rental data: 2 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 PARKWOOD COLLECTION
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.