Melville Park
Melville Park is a 99-year leasehold condominium in District 18 (Tampines, Pasir Ris), within Singapore's Outside Central Region (OCR). Completed in 1996, the development comprises 1232 units, on a lease that commenced in 1992. Sale and rental figures on this page are compiled from URA transaction records.
MELVILLE PARK
Over the 12 months to Jun 2026, Melville Park recorded 37 resale transactions at a median $961 psf (median price $978,000), and 300 rental contracts at a median $3,500/mo, a gross rental yield of 4.3%. Source: URA caveat data, as of Jun 2026.
Melville Park's median of $961 psf over the trailing 12 months places its pricing below roughly 94% of District 18 condos; resale liquidity has been active with 37 caveats lodged; the 4.3% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-26 | $890,000 | $929 psf | 958 sqft | 01 to 05 | 3BR |
| Jun-26 | $918,000 | $980 psf | 936 sqft | 01 to 05 | 2BR |
| Jun-26 | $1,288,000 | $989 psf | 1,302 sqft | 06 to 10 | 3BR |
| Jun-26 | $1,290,000 | $959 psf | 1,345 sqft | 01 to 05 | 3BR |
| May-26 | $968,000 | $967 psf | 1,001 sqft | 01 to 05 | 3BR |
| Apr-26 | $1,250,000 | $960 psf | 1,302 sqft | 01 to 05 | 3BR |
| Apr-26 | $1,115,000 | $959 psf | 1,163 sqft | 01 to 05 | 3BR |
| Apr-26 | $981,000 | $1,024 psf | 958 sqft | 06 to 10 | 3BR |
Can I afford Melville Park?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $978,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.