Parkwood Collection
Located in District 19 (Punggol, Hougang, Serangoon Gardens), Parkwood Collection is a 99-year leasehold condominium in the Outside Central Region (OCR). The development was completed in 2021, on a lease that commenced in 2017. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PARKWOOD COLLECTION is a 99 yrs lease commencing from 2017 condominium at LORONG 1 REALTY PARK in District 19 (OCR), developed by , completed in 2021.
Location & Connectivity
PARKWOOD COLLECTION is approximately 580m from Hougang MRT station, with 2 stations within 1.5 km.
Schools & Education
17 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Hougang Primary School | Primary | 500m |
| Hougang Secondary School | Secondary | 580m |
| Holy Innocents' Primary School | Primary | 590m |
| Holy Innocents' High School | Secondary | 680m |
| St. Gabriel's Primary School | Primary | 720m |
| Xinmin Primary School | Primary | 1 km |
| Montfort Secondary School | Secondary | 1.1 km |
| Xinmin Secondary School | Secondary | 1.2 km |
Market Position
PARKWOOD COLLECTION has recorded 47 sales at an average price of $3,961,809.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 16 | $764 psf | — |
| 2022 | 23 | $788 psf | ↑ 3.2% |
| 2024 | 4 | $915 psf | ↑ 16.1% |
| 2025 | 3 | $854 psf | ↓ 6.7% |
| 2026 | 1 | $945 psf | ↑ 10.6% |
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PARKWOOD COLLECTION prices sit at a fresh series high after a 10.6% gain on the prior period, now 23.7% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 19 reads 131.3 as of June 2026 — up 2.8% year-on-year. 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 |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,752 psf | 873 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,596 psf | 648 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 604 |
| SERANGOON GARDEN ESTATE | Freehold | $1,759 psf | 491 |
Lease Analysis
With 90 years remaining on its 99-year lease, PARKWOOD COLLECTION still qualifies for full bank financing and CPF usage.
What Could Work Against You
- Only 3 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
Best suited for
Who This Actually Suits
The profile fits multi-generational families, car-owning households, yield-focused investors and long-term hold (10+ yr) best. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
Verdict
PARKWOOD COLLECTION is a 99 yrs lease commencing from 2017 development in District 19 (OCR), offering a gross yield of 3.4%.
At ~$877 psf, it represents a competitive entry point in the OCR segment.
Explore the full PARKWOOD COLLECTION dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PARKWOOD COLLECTION against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for PARKWOOD COLLECTION?
Is PARKWOOD COLLECTION freehold?
What is the rental yield for PARKWOOD COLLECTION?
Which MRT is nearest to PARKWOOD COLLECTION?
Sources & Next Steps
- PARKWOOD COLLECTION Dashboard — Live charts and analytics
- URA — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 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: 47 transactions
- Rental data: 2 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 47 records analysed · Source: URA private-sale caveats