Parkway Apartment

D15 (OCR)
Avg PSF (12-month)
Rental yield
8 Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
8.5
MRT accessibility
7.5
Lease remaining
7.5

Overview & Key Facts

Parkway Apartment occupies a prime position on Amber Road in District 15 — one of Singapore's most established expatriate and upper-middle-class residential corridors — with dual TEL access to Marine Parade (790 metres) and Tanjong Katong (840 metres) stations on the Thomson-East Coast Line. The development's 8-unit boutique scale delivers intimate condominium living in a neighbourhood defined by school catchment quality, East Coast Park proximity, and the Katong–Amber Road lifestyle precinct.

Tenure is unconfirmed, which buyers must independently verify. The rental dataset is thin at only 4 records with a $3,800 median — insufficient for reliable yield modelling — though the $5,300 average suggests the unit mix may span a range from standard to larger-format layouts.

The Amber Road address carries premium D15 RCR positioning: CHIJ (Katong) Primary at 690 metres falls within primary ballot consideration for Catholic school-affiliated families, while Tanjong Katong Primary (840m) and Tao Nan School (890m) provide further options.

Developer
Tenure
Total units
8
TOP year
District
15 — RCR
Street
AMBER ROAD

Location & Connectivity

Amber Road runs parallel to East Coast Road, defining the upper tier of the D15 residential market. The TEL opened fully in 2024, giving Amber Road residents direct access to Marina Bay Financial Centre, Shenton Way, Orchard Boulevard, Stevens, and Woodlands without transfers — transforming what was previously a bus-dependent neighbourhood into a well-connected TEL corridor address.

Marine Parade TEL (790m) and Tanjong Katong TEL (840m) are both sub-900-metre walks, providing two station options along the same line for northbound and southbound journeys respectively. East Coast Park beach and cycling paths are accessible within a 10-to-15-minute walk or short cycle.

The Amber–Katong precinct offers dense daily amenity access: i12 Katong mall, Katong V, Parkway Parade, and the Joo Chiat–Katong heritage shophouse strip are all within cycling distance. The Canadian International School Tanjong Katong at under one kilometre broadens expatriate tenant appeal.


Schools & Education

3 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
CHIJ (Katong) PrimaryprimaryWithin 1 km
Tanjong Katong Primary SchoolprimaryWithin 1 km
Tao Nan SchoolprimaryWithin 1 km
Canadian International School (Tanjong Katong)internationalWithin 1 km
Broadrick Secondary SchoolsecondaryWithin 1 km
EtonHouse International School (Broadrick)internationalWithin 1 km
Tanjong Katong Girls' Schoolsecondary~1.1 km
Haig Girls' Schoolprimary~1.3 km

Facilities

At 8 units, Parkway Apartment will offer minimal shared facilities — a small pool and common areas at most. The development occupies a premium Amber Road address where the neighbourhood itself provides the lifestyle infrastructure that larger developments attempt to replicate on-site: East Coast Park, established F&B, retail malls, and school access are all external.

Buyers should verify MCST composition and building condition. Unknown tenure means the building age is uncertain, and any major maintenance requirements should be factored into total cost of ownership modelling.


Neighbourhood Comparison

D15 RCR is anchored by Grand Dunman (2022, 1,008 units, ~$2,537 PSF), Emerald of Katong (2023, 846 units, ~$2,640 PSF), and Amber Park (FH, 592 units, ~$2,540 PSF). Parkway Apartment competes at a fundamentally different scale — boutique intimacy and genuine Amber Road address quality rather than resort-style facilities. The TEL upgrade since 2024 has improved the relative connectivity story for this corridor vs. earlier reviews.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
PARKWAY APARTMENT8
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,462
AMBER PARKFreehold2021592$2,540

ShiokNest Scores

Our proprietary scoring system evaluates PARKWAY APARTMENT across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
En-Bloc Potential
39/100
Verdict: Low
Overall ShiokNest Score
56/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

Amber Road draws established Singaporean families seeking the Katong lifestyle and school catchment quality, expatriate professionals anchored to the D15 international school corridor, and young professionals who commute via TEL to Marina Bay or Orchard. The East Coast Park lifestyle — cycling, beach, seafood along East Coast Lagoon — is a consistent draw for active households of all profiles.


Strengths & Weaknesses

Strengths
  • Amber Road D15 RCR address in the premium Katong–East Coast lifestyle corridor
  • Dual TEL access: Marine Parade (790m) and Tanjong Katong (840m) since 2024
  • CHIJ (Katong) Primary 690m — within primary school ballot catchment radius
Weaknesses
  • Tenure unconfirmed — must verify with Land Registry before any transaction
  • Only 4 rental records — insufficient for reliable yield modelling without independent survey
  • 8 units: minimal shared facilities; bilateral/small-group MCST governance
Best for — Amber Road Lifestyle Verify Tenure First Rental Data Thin

Verdict

Parkway Apartment offers an Amber Road D15 address with post-TEL transit connectivity — a combination that positions it well for both owner-occupiers seeking the Katong lifestyle and investors targeting the professional and expatriate tenant segment. The dual TEL station access within 840 metres is a meaningful upgrade from the pre-2024 bus-dependent connectivity that characterised this corridor.

The constraints are the unknown tenure, thin rental dataset requiring independent validation, and minimal facilities at 8-unit scale. For buyers who have verified the tenure and are comfortable with boutique-scale living, the Amber Road TEL positioning is the defining appeal.

Frequently Asked Questions

How has the TEL opening changed the connectivity for Amber Road addresses?
Before 2024, Amber Road relied heavily on bus services for CBD access. The TEL opening in 2024 transformed this: Marine Parade and Tanjong Katong TEL stations now provide direct services to Marina Bay Financial Centre, Shenton Way, Orchard, and Woodlands without transfers. This meaningfully improves the relative accessibility of Amber Road developments versus earlier reviews.
Is $3,800 median rent representative for an Amber Road development?
The four-record dataset is too thin to be statistically reliable. However, $3,800 is broadly consistent with two-bedroom D15 RCR units in the Amber corridor in the current market. The higher average ($5,300) suggests at least one larger-format unit; buyers should benchmark against current listings from D15-specialist agents to establish an independent rental range.