Overview & Key Facts
AZALEA PARK CONDOMINIUM is a 999 yrs lease commencing from 1885 condominium at FLORA ROAD in District 17 (OCR), developed by TRIPARTITE DEVELOPERS PTE LTD, comprising 316 units, completed in 1996.
Location & Connectivity
AZALEA PARK CONDOMINIUM is approximately 1060m from Tampines East MRT station.
| Station | Line | Distance |
|---|---|---|
| Tampines East | Downtown Line | 1.1 km |
Schools & Education
11 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| United World College of South East Asia (East) | International | 720m |
| Chongzheng Primary School | Primary | 1.2 km |
| Meridian Primary School | Primary | 1.4 km |
| Meridian Secondary School | Secondary | 1.5 km |
| Stamford American International School | International | 1.5 km |
| Elias Park Primary School | Primary | 1.6 km |
| Springfield Secondary School | Secondary | 1.7 km |
| Brighton College (Singapore) | International | 1.7 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 13 | $1,051 psf | $934,231 |
| 3 BR | 22 | $1,034 psf | $1,373,455 |
| 4 BR | 23 | $1,070 psf | $1,684,369 |
Market Position
AZALEA PARK CONDOMINIUM has recorded 58 sales at an average price of $1,398,302.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at AZALEA PARK CONDOMINIUM typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 3 BR | $3,572/mo | $1,373,455 | 3.12% |
| 4 BR | $4,242/mo | $1,684,369 | 3.02% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 11 | $900 psf | — |
| 2022 | 10 | $1,021 psf | ↑ 13.4% |
| 2023 | 15 | $1,062 psf | ↑ 4.0% |
| 2024 | 10 | $1,106 psf | ↑ 4.2% |
| 2025 | 10 | $1,153 psf | ↑ 4.3% |
| 2026 | 2 | $1,201 psf | ↑ 4.1% |
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The latest reading marks the highest point in this series — AZALEA PARK CONDOMINIUM prices have climbed 33.4% since 2021.
Price Index Check
The ShiokNest Price Index for District 17 reads 148.0 as of June 2026. 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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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| COASTAL CABANA | 99 years leasehold | $1,793 psf | 619 |
| THE JOVELL | 99 yrs lease commencing from 2018 | $1,395 psf | 271 |
| KASSIA | Freehold | $2,032 psf | 228 |
| HEDGES PARK CONDOMINIUM | 99 yrs lease commencing from 2010 | $1,154 psf | 196 |
| PARC KOMO | Freehold | $1,628 psf | 179 |
Lease Analysis
With 69 years remaining on its 99-year lease, AZALEA PARK CONDOMINIUM still qualifies for full bank financing and CPF usage.
What Could Work Against You
- With just 7 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: car-owning households, international school families and freehold / generational hold. Parking and arterial road access matter more here than walking-distance MRT.
For yield-focused investors and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
AZALEA PARK CONDOMINIUM is a 999 yrs lease commencing from 1885 development in District 17 (OCR), with 316 units, offering a gross yield of 3.1%.
At ~$1,161 psf, it represents a competitive entry point in the OCR segment.
Explore the full AZALEA PARK CONDOMINIUM dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing AZALEA PARK CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for AZALEA PARK CONDOMINIUM?
Is AZALEA PARK CONDOMINIUM freehold?
What is the rental yield for AZALEA PARK CONDOMINIUM?
Which MRT is nearest to AZALEA PARK CONDOMINIUM?
Sources & Next Steps
- AZALEA PARK CONDOMINIUM Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 17 (Changi, Loyang) — District 17 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 58 transactions
- Rental data: 278 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 58 records analysed · Source: URA private-sale caveats