Parktown Residence

D18 (OCR) 99 yrs lease commencing from 2023

Located in District 18 (Tampines, Pasir Ris), Parktown Residence is a 99-year leasehold condominium in the Outside Central Region (OCR). Completed in 2025, the development comprises 1193 units, on a lease that commenced in 2023. Sale and rental figures on this page are compiled from URA transaction records.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
4.6
ShiokNest Score
Fair
Total Units1,193
TOP Year2025

PARKTOWN RESIDENCE

Total Units1,193
TOP Year2025
DeveloperTopaz Residential Pte Ltd/Topaz Commercial Pte Ltd
Tenure99 yrs lease commencing from 2023
DistrictD18 · OCR
Median PSF · 12m$2,326 psf
Median price · 12m$2,740,500

Over the 12 months to Jul 2026, Parktown Residence recorded 86 resale transactions at a median $2,326 psf (median price $2,740,500). Source: URA caveat data, as of Jul 2026.

Parktown Residence's median of $2,326 psf over the trailing 12 months places its pricing above roughly 98% of District 18 condos; resale liquidity has been active with 86 caveats lodged. 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.

Recent transactions
Date Price PSF Size (sqft) Floor Type
Jul-26 $2,759,000 $2,330 psf 1,184 sqft 06 to 10 3BR
Jun-26 $2,679,000 $2,263 psf 1,184 sqft 01 to 05 3BR
May-26 $2,812,000 $2,375 psf 1,184 sqft 11 to 15 3BR
May-26 $2,666,000 $2,252 psf 1,184 sqft 01 to 05 3BR
Apr-26 $2,719,000 $2,296 psf 1,184 sqft 06 to 10 3BR
Apr-26 $2,746,000 $2,319 psf 1,184 sqft 06 to 10 3BR
Apr-26 $3,307,000 $2,210 psf 1,496 sqft 01 to 05 4BR
Apr-26 $3,256,000 $2,176 psf 1,496 sqft 01 to 05 4BR

Can I afford Parktown Residence?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,740,500.

4.6
ShiokNest Score

En-Bloc Potential

14/100

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.

Neighbourhood Score

75/100

Investment Score

43/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals