The Parc Condominium occupies a generous 340,000-square-foot site along West Coast Walk in District 5, one of the last large-scale freehold residential releases in the Clementi-West Coast corridor. Completed in 2010 by Chip Eng Seng Corporation, the development comprises 659 units spread across eight 24-storey towers arranged around an expansive resort-inspired landscape. The keyword that defines this project is freehold — in a neighbourhood increasingly dominated by 99-year leasehold launches and ageing HDB upgrader stock, the perpetual tenure of The Parc Condominium remains its single most compelling long-term differentiator. For buyers who understand how Singapore’s leasehold decay curve erodes capital in the final three decades of a lease, owning a freehold property in the OCR west at sub-S$2,000 per square foot is a proposition that deserves serious attention in 2026.
Snapshot as of 2026-05 — figures above reflect publicly available URA/HDB data at the time of this editorial review (as of 2026-05).
District 5 spans a crescent of western Singapore stretching from Pasir Panjang through West Coast and into Clementi — a corridor anchored by two major universities (NUS and NTU within commuting range), one-north’s research cluster, and the Jurong Lake District transformation which remains Singapore’s largest ongoing decentralisation project. West Coast Walk itself sits roughly 900 metres from Clementi MRT (EW23) and Dover MRT (EW22), two East-West Line stations that give residents a roughly 25-minute ride to Raffles Place. Critically, the upcoming Cross Island Line will introduce a West Coast MRT station (CR18) in the immediate vicinity, dramatically shortening walking distances to rail. This forthcoming infrastructure upgrade is already being priced into adjacent launches but has not yet been fully reflected in The Parc’s resale prices, making the timing of entry potentially advantageous.
Over the 36 months to early 2026, District 5 recorded more than 4,200 private property transactions. Of the 120 condominiums in the district, 75 carry freehold or 999-year tenures — roughly 63% — yet recent new-launch supply has tilted leasehold. This scarcity of mid-sized freehold projects in the sub-S$2,500 psf band reinforces The Parc Condominium’s positioning as a rare asset. Average transacted PSF for the project in the 12 months to late 2025 ranged from S$1,373 to S$2,220, averaging approximately S$1,894 psf — a level that represents a significant discount to comparable freehold stock in the RCR and CCR despite comparable or superior land tenure. The broader Singapore private housing price index posted a year-on-year increase of 3.33% in Q1 2025, and OCR freehold values have historically tracked that headline or exceeded it over full property cycles.
We track 97 sales and 830 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE PARC CONDOMINIUM dashboard.
- Average sale price: $2,258,334 across 97 transactions
- Estimated gross rental yield: 2.8%
- District 5 PSF ranking: Above average (top 34%)
- Freehold tenure · OCR · D5 · 659 units
About THE PARC CONDOMINIUM
THE PARC CONDOMINIUM is a freehold condominium, located at WEST COAST WALK in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Outside Central Region), developed by CHIP ENG SENG / LEHMAN BROTHERS, comprising 659 residential units, completed in 2010.
As a freehold property, THE PARC CONDOMINIUM does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE PARC CONDOMINIUM:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 6 | $1,657 psf | $1,105,833 |
| 3 BR | 49 | $1,704 psf | $2,013,050 |
| 4 BR | 35 | $1,778 psf | $2,585,313 |
| 5+ BR | 7 | $1,220 psf | $3,328,286 |
Sales Market Overview
THE PARC CONDOMINIUM has recorded 97 sale transactions with an average transaction price of $2,258,334, ranging from $992,000 to $4,700,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 22 | $1,432 psf | $1,925,677 | — |
| 2022 | 18 | $1,552 psf | $2,112,988 | ↑ 8.4% |
| 2023 | 10 | $1,672 psf | $2,141,100 | ↑ 7.7% |
| 2024 | 22 | $1,835 psf | $2,486,580 | ↑ 9.7% |
| 2025 | 17 | $1,899 psf | $2,529,588 | ↑ 3.5% |
| 2026 | 8 | $1,924 psf | $2,442,625 | ↑ 1.3% |
THE PARC CONDOMINIUM ranks in the top 34% of condos in District 5 by average PSF.
Compared to the OCR average of $1,550 psf, THE PARC CONDOMINIUM trades 9.2% above the segment benchmark.
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Rental Market Overview
THE PARC CONDOMINIUM has recorded 830 rental transactions with monthly rents averaging $5,201/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 53 | $3,108/mo | $2,400/mo | $4,400/mo |
| 2 BR | 140 | $4,129/mo | $2,450/mo | $6,600/mo |
| 3 BR | 479 | $5,362/mo | $3,500/mo | $8,000/mo |
| 4 BR | 149 | $6,310/mo | $4,000/mo | $8,500/mo |
| 5+ BR | 9 | $7,256/mo | $6,000/mo | $8,700/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 143 | $4,003/mo |
| 2022 | 170 | $4,693/mo |
| 2023 | 164 | $5,830/mo |
| 2024 | 140 | $5,637/mo |
| 2025 | 164 | $5,642/mo |
| 2026 | 49 | $5,628/mo |
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Investment Analysis
Based on average rents and sale prices, THE PARC CONDOMINIUM delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,845 psf | 6022 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1415 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,889 psf | 1398 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,555 psf | 403 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows THE PARC CONDOMINIUM (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE PARC CONDOMINIUM
- Clementi MRT
- Clementi Town Secondary School
- Clementi Primary School
- Nan Hua Primary School
Nearby MRT Stations
THE PARC CONDOMINIUM is 560m from Clementi MRT (East-West Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Clementi | EW23 | East-West Line | 560m |
Nearby Schools
There are 11 schools within 2 km of THE PARC CONDOMINIUM, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Clementi Town Secondary School | Secondary | 430m |
| Clementi Primary School | Primary | 660m |
| Nan Hua Primary School | Primary | 1.2 km |
| Pei Tong Primary School | Primary | 1.2 km |
| NUS High School of Mathematics and Science | Jc | 1.3 km |
| Qifa Primary School | Primary | 1.3 km |
| Kent Ridge Secondary School | Secondary | 1.4 km |
| One World International School (Nanyang) | International | 1.4 km |
| Nan Hua High School | Secondary | 1.5 km |
| Anglo-Chinese School (Independent) | Secondary | 1.6 km |
| Singapore Polytechnic | Tertiary | 1.8 km |
Freehold tenure with no expiry clock. This is the headline advantage and it cannot be overstated. Unlike a 99-year leasehold where the government reclaims land at term end and resale value compresses meaningfully once the remaining lease drops below 60 years, a freehold title means The Parc Condominium can theoretically be en-bloc redeveloped or held indefinitely. For buyers targeting a multi-decade hold, a legacy asset for children, or simply the peace of mind of permanent ownership, freehold is foundational — and at S$1,894 psf average, it remains competitively priced relative to equivalent tenure elsewhere in Singapore. Use our lease-decay calculator to model how a 99-year alternative erodes in value versus a freehold hold over identical periods.
Resort-quality facilities on a large site. The 340,000 sqft estate delivers a facility density that newer shoebox developments cannot match: a signature 50-metre lap pool, a lagoon salt pool (which eliminates chlorine irritation), a lazy river, Jacuzzi, two tennis courts, a gymnasium, fitness stations, and barbecue pavilions. The saltwater pool in particular is a genuine differentiator at this price point, normally the preserve of luxury CCR projects. For families with children or fitness-oriented residents, this is a meaningful quality-of-life premium.
Dual-MRT catchment plus Cross Island Line uplift. Clementi (EW23) and Dover (EW22) are both reachable within a 10–15 minute walk or a brief bus ride. Once the Cross Island Line’s West Coast station (CR18) opens, residents will gain a second rail line connection that dramatically reduces journey times to the eastern and northern parts of Singapore. Infrastructure catalysts of this type have historically driven mid-single-digit PSF appreciation in the years bracketing their opening announcement and launch.
Established education ecosystem. The West Coast-Clementi belt is one of Singapore’s most education-dense neighbourhoods. Henry Park Primary, Nan Hua Primary, Clementi Primary, and Anglo-Chinese Junior College (Clementi) are all within a short radius. Proximity to NUS and one-north’s research institutions also means a steady pool of professional renters — academics, post-doctoral researchers, and tech employees — supporting rental demand and yield resilience. The gross rental yield for the project sits at approximately 2.8%, a credible return for a freehold OCR asset with capital appreciation potential layered on top. Run the numbers with our ROI calculator or model total ownership cost with the total-cost calculator.
Large units with practical floor plans. Unit sizes range from 667 sqft (one-bedroom) to 2,433 sqft (four-bedroom), with the bulk of the stock in the 1,000–1,500 sqft three-bedroom band — sizes that support genuine family living rather than purely investor-grade accommodation. The larger quantum means that while headline asking prices range to S$4.85 million for premium four-bedroom units, the bulk of the saleable stock transacts in the S$1.4–S$2.7 million range — accessible to HDB upgraders with significant CPF ordinary account balances. Check your affordability with our affordability calculator or model your mortgage with the mortgage calculator.
Ageing infrastructure requiring active management. With TOP in 2010, The Parc Condominium is now 15 years old. Resident reviews consistently flag that basement car park areas appear dated relative to newer launches, and that mechanical and electrical systems (lifts, pool equipment, gym machinery) require recurring maintenance. Prospective buyers should scrutinise the development’s sinking fund balance and review the most recent Annual General Meeting minutes to confirm that upcoming major maintenance cycles — facade repainting, pool deck resurfacing, lift replacements — are adequately provisioned. A thin sinking fund is a red flag; the MCST levy should reflect the estate’s age profile.
Some units face HDB residential blocks. One- and two-bedroom units in the development predominantly face neighbouring HDB blocks, resulting in views that include laundry and household activity. While this does not affect habitability, it does compress the premium achievable for smaller units at resale and makes those floor plans less attractive to lifestyle-oriented buyers. Buyers targeting investment should preference three- or four-bedroom units in towers with pool-facing or park-facing orientations for better capital preservation.
Non-owner-occupied tax impact on yield calculations. Singapore’s 2026 progressive property tax regime taxes non-owner-occupied residential property at 12%–36% of Annual Value. For investors holding The Parc as a pure rental asset, the annual holding cost is meaningfully higher than an owner-occupier’s 0%–32% scale. At a gross yield of approximately 2.8%, the net yield after property tax, management fees, and occasional vacancy is likely to be in the 1.8%–2.2% range — acceptable for a freehold asset with capital appreciation upside, but not sufficient on yield alone to justify investment without a medium-to-long-term price view. Use our cash-flow calculator to stress-test net returns under different vacancy and tax scenarios.
Distance premium versus MRT. Until the Cross Island Line West Coast station opens, residents who do not drive must budget time for bus connections to Clementi or Dover MRT. This does create a mild liquidity discount relative to “MRT-adjacent” freehold alternatives and constrains the pool of walk-to-station tenants. Buyers should weight this against the timeline for CRL completion and the expected re-rating of West Coast Walk addresses when direct rail access arrives.
- ✅ HDB upgrader targeting freehold tenure: Freehold status eliminates the lease-decay concern that haunts 99-year OCR purchases. Three-bedroom units in the S$1.8–S$2.4M range are reachable for upgraders with substantial CPF OA balances and a partially paid-down HDB flat. The West Coast address also offers genuine lifestyle uplift — resort pool, tennis courts, established schools — without requiring a CCR premium.
- ✅ Long-term buy-and-hold investor: Freehold OCR stock at under S$2,000 psf is increasingly scarce. The Cross Island Line catalyst provides a clear infrastructure rerating event. Rental demand from NUS staff, one-north professionals, and Jurong Lake District workers supports yield resilience. The perpetual land title means no forced exit timeline and optionality for en-bloc participation if a future collective sale achieves consensus.
- ✅ Expatriate or professional renter converting to ownership: Residents already familiar with West Coast’s lifestyle offering — proximity to the AYE, Clementi Mall, West Coast Park, and Haw Par Villa — will recognise the neighbourhood’s liveability credentials. A four-bedroom freehold unit in this precinct at S$3–S$4.5M competes well with newer leasehold launches offering smaller units at higher PSF.
- ⚠️ Short-hold speculator (under 3 years): Additional Buyer’s Stamp Duty (ABSD) and Seller’s Stamp Duty (SSD) erode returns on short holds regardless of tenure. The Parc’s appreciation thesis is medium-to-long term, anchored by the CRL opening timeline and leasehold-versus-freehold repricing dynamics. Buyers expecting a quick flip should temper expectations; the project is not a catalyst play within a 3-year window. Use our stamp-duty calculator to model entry costs.
- ⚠️ Yield-first investor seeking maximum rental returns: At 2.8% gross yield, The Parc is a respectable but not exceptional income generator. After property tax at non-owner-occupied rates, maintenance fees, and occasional vacancy, net yield is likely 1.8%–2.2%. Investors prioritising current income over capital growth may find higher-yielding leasehold alternatives elsewhere. The value proposition here is tenure-based capital preservation, not income optimisation.
- ✅ Retiree seeking a permanent, low-maintenance base: The resort facilities, freehold title that eliminates lease anxiety in later life, proximity to healthcare infrastructure along the Clementi-Buona Vista corridor, and large unit sizes suitable for hosting family make The Parc an appealing retirement address. The salt pool and accessible walking paths within the estate support an active senior lifestyle.
The Parc Condominium is a well-positioned mid-cycle freehold asset in a district that is structurally improving. Its 15-year age introduces legitimate maintenance considerations and facility-fatigue risk, but freehold tenure, a resort-grade land allocation, and the approaching Cross Island Line catalyst create a compelling medium-term case. At an average transacted PSF of approximately S$1,894 — a level that would be considered deeply discounted for comparable tenure in the RCR — buyers are effectively obtaining a land-banking premium on top of a functioning, established residential estate. The development is best suited to HDB upgraders, long-term investors, and buyers who understand how Singapore’s leasehold majority amplifies the capital preservation value of perpetual-title stock. Those requiring guaranteed short-term liquidity, maximum rental yield, or MRT-step-out convenience as non-negotiables will find the project’s current-state limitations frustrating. For everyone else, The Parc Condominium merits serious consideration as a foundation holding in a balanced Singapore property portfolio. Compare it against neighbouring freehold alternatives using our property comparison tool, or explore the District 5 analytics page for a full market context read.
FAQ
What is the average price for THE PARC CONDOMINIUM?
What is the rental yield for THE PARC CONDOMINIUM?
Is THE PARC CONDOMINIUM freehold or leasehold?
How far is The Parc Condominium from the nearest MRT station?
The development on West Coast Walk is approximately 900 metres from both Clementi MRT (EW23) and Dover MRT (EW22) on the East-West Line, typically a 10–12 minute walk or a 3–5 minute bus ride. More significantly for future residents, the Cross Island Line’s West Coast station (CR18) is planned in close proximity and will add a second rail line when it opens, substantially improving connectivity to the eastern and northern parts of Singapore. The opening of this station is expected to be a positive re-rating catalyst for property values along West Coast Walk.
What facilities does The Parc Condominium offer, and are they well-maintained?
The development’s flagship amenities include a 50-metre lap pool, a lagoon saltwater pool (a genuine rarity at OCR price points), a lazy river, Jacuzzi, two tennis courts, a gymnasium with fitness stations, and multiple barbecue pavilions. The saltwater pool system is particularly valued by residents for eliminating chlorine irritation. On the maintenance side, honest resident reviews note that at 15 years of age, certain mechanical systems and the basement car park show their age. Prospective buyers are strongly advised to review the MCST sinking fund position and recent AGM records before committing to purchase, to confirm adequate provisioning for upcoming major maintenance cycles.
Are there any known drawbacks specific to certain unit types at The Parc Condominium?
Yes — one- and two-bedroom units are predominantly oriented towards adjacent HDB residential blocks, resulting in views of laundry and residential activity rather than green or pool-facing vistas. This orientation compresses resale premiums for smaller units and reduces their appeal to lifestyle-motivated buyers. Three- and four-bedroom units in pool-facing or park-facing towers are generally considered the better capital-preservation choices within the development. Additionally, some units in the smaller typologies have compact secondary bedrooms that may require renovation investment to optimise storage and functionality.
What stamp duty costs should I budget for when buying The Parc Condominium?
Buyer’s Stamp Duty (BSD) is tiered: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, and 4% on the remainder up to S$1M, with higher bands thereafter. For Singaporean citizens purchasing a second residential property, Additional Buyer’s Stamp Duty (ABSD) is currently 20%. Permanent residents face 30% ABSD on a second purchase, and foreigners pay 60% ABSD. These are material acquisition costs that must be factored into your total entry price. Use our stamp-duty calculator for an exact figure based on your purchase price, citizenship status, and existing property ownership profile.
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 97 transactions analysed
- Rental data: 830 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 THE PARC CONDOMINIUM
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 3,585 condo transactions recorded in District 5 over the last 12 months, 58% resale, 39% new sale, 3% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 5 reads 136.5 as of June 2026 — down 4.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 5 could add roughly 405 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Media Circle | — | ~405 | Confirmed | Available |
HDB Alternatives Nearby
Weighing THE PARC CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:
- Clementi — 4-room average $838,557 (90m away), an upgrader gap of about $1,450,000
- Jurong East — 4-room average $564,824 (1.7 km away), an upgrader gap of about $1,700,000