Parc Central Residences
Located in District 18 (Tampines, Pasir Ris), Parc Central Residences is a 99-year leasehold executive condominium in the Outside Central Region (OCR). The development was completed in 2021 and comprises 700 units, on a lease that commenced in 2019. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PARC CENTRAL RESIDENCES
Over the 12 months to Jul 2024, Parc Central Residences recorded 2 rental contracts at a median $4,600/mo. Source: URA caveat data, as of Jul 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-24 | $1,448,000 | $1,546 psf | 936 sqft | 11 to 15 | 2BR |
| May-24 | $1,932,000 | $1,603 psf | 1,206 sqft | 11 to 15 | 3BR |
| Mar-24 | $2,350,000 | $1,605 psf | 1,464 sqft | 11 to 15 | 4BR |
| Mar-24 | $1,812,000 | $1,427 psf | 1,270 sqft | 16 to 20 | 3BR |
| Mar-24 | $1,746,000 | $1,560 psf | 1,119 sqft | 11 to 15 | 3BR |
| Mar-24 | $1,826,000 | $1,488 psf | 1,227 sqft | 01 to 05 | 3BR |
| Mar-24 | $1,455,000 | $1,572 psf | 926 sqft | 01 to 05 | 2BR |
| Mar-24 | $1,555,000 | $1,680 psf | 926 sqft | 11 to 15 | 2BR |
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.