99-yearOCRDistrict 18 (Tampines)

Parktown Residence

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2026 (URA)
Quick Summary

Parktown Residence is a 99-year apartment in District 18 (Tampines), with 1,193 units across 12 blocks. Across 1,168 transactions on record, units have recently transacted around S$2.71M (S$2,285 psf, ~1,184 sqft). There are 145 units for sale from S$0 to S$4.15M. The lease has approximately 96 years remaining.

Key facts about Parktown Residence
Tenure99-year leasehold from 2023 (≈96 years left)
DeveloperTopaz Residential Pte Ltd/Topaz Commercial Pte Ltd
Units1,193 in 12 blocks
District and areaDistrict 18 · Tampines · OCR
Latest median psfS$2,285 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at Parktown Residence?

Key Takeaway

Parktown Residence has 145 units listed for sale, asking S$0 to S$4.15M (median S$2,237 psf), and 0 units for rent.

For sale

145 listings

S$0 – S$4.15M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
1-bedroom6S$0–S$3.86MS$2,311 psf
2-bedroom4S$1.30M–S$2.10MS$2,247 psf
3-bedroom17S$2.07M–S$3.66MS$2,240 psf
4-bedroom76S$2.80M–S$3.56MS$2,221 psf
5-bedroom42S$3.78M–S$4.15MS$2,298 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Parktown Residence?

Key Takeaway

Floor plans for Parktown Residence aren't in PropKaki's library yet. Across 1,000 URA caveats, units range from 463 sqft to 1,679 sqft, and the middle half are 678 sqft to 1,076 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom463 sqft to 1,679 sqftS$0 · S$2,311 psf
2-bedroom592 sqft to 721 sqftS$1.30M · S$2,247 psf
3-bedroom926 sqft to 1,496 sqftS$2.07M · S$2,240 psf
4-bedroom1,335 sqft to 1,496 sqftS$2.80M · S$2,221 psf
5-bedroom1,679 sqftS$3.78M · S$2,298 psf

Check the Floor Plan Finder for Parktown Residence →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Parktown Residence?

Key Takeaway

Units have recently transacted around S$2.71M (S$2,285 psf) (URA caveat data).

Recent median price

S$2.71M

recent · 1,168 sales on record

Median PSF

S$2,285 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Units currently for sale are asking a median of S$2,237 psf — about 2% below the most recent transacted PSF.

Source: URA caveat data, through Jul 2026.

4

What has recently sold at Parktown Residence?

Key Takeaway

Parktown Residence has 1168 recorded sales; the most recent transacted at S$2,605,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$2,605,0001,163S$2,241 psf
Jul 2026S$2,653,0001,184S$2,241 psf
Jul 2026S$2,759,0001,184S$2,330 psf
Jun 2026S$2,679,0001,184S$2,263 psf
May 2026S$2,666,0001,184S$2,252 psf
May 2026S$2,812,0001,184S$2,375 psf
Apr 2026S$2,733,0001,184S$2,308 psf
Apr 2026S$2,785,0001,184S$2,352 psf
Apr 2026S$2,679,0001,184S$2,263 psf
Apr 2026S$2,706,0001,184S$2,285 psf
Apr 2026S$2,746,0001,184S$2,319 psf
Apr 2026S$2,719,0001,184S$2,296 psf

1,168 sales and 0 rentals on record since Feb 2025. Source: URA.

5

Is Parktown Residence a good investment?

Key Takeaway

Parktown Residence has no resales on record yet, so it has no track record of its own. Across District 18, 90% of 15,981 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 27% over a median 7.3-year hold (URA caveats, before costs). Units listed now ask about 2% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 18 sold for more

90%

of 15,981 private resales

Median gain

27%

gross, before costs

Median hold

7.3 years

bought to resold

Parktown Residence has fewer than 10 matched resales, so the figures are for District 18 as a whole. Check the odds for your unit size and holding period →

6

Where is Parktown Residence and what's nearby?

Key Takeaway

Parktown Residence is located in Tampines, in the East Region of Singapore.

Parktown Residence is a 99-year apartment. It was developed by TOPAZ RESIDENTIAL PTE LTD/TOPAZ COMMERCIAL PTE LTD. The development has 1,193 residential units. It sits on a land area of 50,680 sqm and has a gross floor area of 126,700 sqm.

PARKTOWN RESIDENCE is located at 1 Tampines Street 62, Singapore 529411. It is part of District 18, Tampines / Pasir Ris, Tampines. The project falls within the East Region and the OCR market segment.

Nearby amenities include White Sands for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Elias Terrace Pg for greenery and recreation. Facilities in the development include Aerobic pool, Adult Fitness Stations, Aircon Facilities, Amphitheatre, Basement car park, and BBQ Pavillion.

7

How far is Parktown Residence from MRT and schools?

Key Takeaway

2 schools are within 1 km, including 2 primary schools.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Angsana Primary SchoolPrimary schoolwithin 1 km · P1 priority425 m
  • Meridian Primary SchoolPrimary schoolwithin 1 km · P1 priority976 m
  • Tampines Meridian Junior CollegeJunior college1.0 km
  • Poi Ching SchoolPrimary school1.1 km
  • Park View Primary SchoolPrimary school1.1 km
  • Elias Park Primary SchoolPrimary school1.1 km
  • Meridian Secondary SchoolSecondary school1.2 km
  • Tampines North Primary SchoolPrimary school1.4 km

Shops, food & parks

Mall: White Sands · 1.4 kmSupermarket: Cold Storage Singapore (1983) Pte Ltd · 839 mPark: Elias Terrace Pg · 665 m

Straight-line distances from the development. Source: PropKaki amenities data.

8

Who built Parktown Residence and how big is the development?

Key Takeaway

Parktown Residence was developed by Topaz Residential Pte Ltd/Topaz Commercial Pte Ltd, with 1,193 units over up to 13 storeys.

Developer
Topaz Residential Pte Ltd/Topaz Commercial Pte Ltd
Floors
13 storeys
Blocks
12
Land area
50,680 sqm (545,514 sqft)
Gross floor area
126,700 sqm (1,363,786 sqft)
9

What facilities does Parktown Residence have?

Key Takeaway

Parktown Residence has 28 facilities, including Aerobic pool, Adult Fitness Stations, Aircon Facilities, Amphitheatre, and more.

Aerobic poolAdult Fitness StationsAircon FacilitiesAmphitheatreBasement car parkBBQ PavillionChanging RoomChildren's PoolChildren's PlaygroundCommunity PlazaCo-Working SpaceDance StudioDining PavilionDrop Off PointFunction roomGymnasium roomJacuzziJogging trackLap poolLeisure poolLift lobbyMultipurpose CourtPavillionPoolside LoungePutting Green24 hours securitySwimming poolTennis courts
10

What does it cost to own a unit at Parktown Residence?

Key Takeaway

Buying a unit at Parktown Residence (~S$2.71M) needs about S$19,809/mo in income and S$9,113/mo in repayments, after S$104,900 stamp duty and a S$677k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.71M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$104,900

BSD, tiered

Downpayment (25%)

S$677k

cash + CPF

Monthly instalment

S$9,113/mo

30y @ 3.5%

Income required

S$19,809/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Parktown Residence?

Key Takeaway

8,844 CEA-registered agents closed at least one recorded deal in District 18 — where Parktown Residence sits — in the last 12 months, across all property types.

Active agents · 12mo

8,844

District 18 · closed ≥1 deal

Deals on record

42,135

all-time · all property types

Source: CEA public transaction records, attributed to District 18 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Parktown Residence? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Parktown Residence's own transactions.

PropKaki
Is Parktown Residence a good buy, and what are units selling for?

Recent units at Parktown Residence sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Parktown Residence

Is Parktown Residence freehold?

No. Parktown Residence is on a 99-year lease that started in 2023, with about 96 years left.

Is Parktown Residence a good investment?

Parktown Residence has no resales on record yet, so it has no track record of its own. Across District 18, 90% of 15,981 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 27% over a median 7.3-year hold (URA caveats, before costs). Units listed now ask about 2% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Parktown Residence an EC?

No. Parktown Residence is a private apartment development, not an executive condominium (EC).

Who is the developer of Parktown Residence?

Parktown Residence was developed by Topaz Residential Pte Ltd/Topaz Commercial Pte Ltd.

What is the price of a condo at Parktown Residence?

Units at Parktown Residence have recently sold for around S$2.71M (S$2,285 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 145 units are listed for sale from S$0 to S$4.15M.

Where is Parktown Residence located?

Parktown Residence is at 1 Tampines Street 62, Singapore 529411, in Tampines (District 18).

How many units are there in Parktown Residence?

Parktown Residence has 1,193 units in 12 blocks, up to 13 storeys high.

How much do I need to earn to buy at Parktown Residence?

For a unit around S$2.71M as a first home, you'd need roughly S$19,809/mo in income (assessed at the stress-test rate), with repayments near S$9,113/mo after a S$677k (25%) downpayment and S$104,900 Buyer's Stamp Duty.

Which primary schools are within 1 km of Parktown Residence?

Angsana Primary School, Meridian Primary School are within 1 km of Parktown Residence. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.