FreeholdRCRDistrict 15 (Marine Parade)

Parkway View

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2011 (URA)
Quick Summary

Parkway View is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1992, with 26 units across 1 block. Across 18 transactions on record, units have recently transacted around S$750k (S$511 psf, ~1,389 sqft).

1

What are the key facts about Parkway View?

Key Takeaway

Parkway View is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1992, with 26 units across 1 block.

Tenure
Freehold
TOP / Completion
1992
Developer
MARABEL INVESTMENTS PTE LTD
Total units
26
Blocks
1
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$511 psf
Last transacted
Dec 2011
Remaining lease
Freehold
2

What is the price and PSF at Parkway View?

Key Takeaway

Units have recently transacted around S$750k (S$511 psf), at a gross rental yield of about 8.0% (URA caveat data).

Recent median price

S$750k

recent · 18 sales on record

Median PSF

S$511 psf

recent transactions

Median rent (monthly)

S$4,975

91 rentals on record

Gross rental yield

8.0%

indicative, gross

Source: URA caveat data, through Dec 2011.

3

What has recently sold at Parkway View?

Key Takeaway

Parkway View has 18 recorded sales; the most recent transacted at S$72,888,000 in Dec 2011 (URA caveat data).

DatePriceSize (sqft)PSF
Dec 2011S$72,888,00044,326S$1,644 psf
Apr 2011S$1,830,0001,776S$1,030 psf
Apr 2007S$1,400,0001,776S$788 psf
May 2006S$710,0001,389S$511 psf
Apr 2006S$685,0001,389S$493 psf
Oct 2004S$760,0001,776S$428 psf
Apr 2004S$635,0001,389S$457 psf
Jan 2004S$750,0001,776S$422 psf
Jul 2002S$730,0001,389S$526 psf
Dec 1999S$830,0001,389S$598 psf
Jun 1999S$825,0001,389S$594 psf
Apr 1999S$695,0001,389S$501 psf

18 sales and 91 rentals on record since Mar 1995. Source: URA.

4

Are prices at Parkway View rising?

Key Takeaway

The median transacted PSF at Parkway View has risen 64% over the past 16 years (19952011), from S$627 psf to S$1,030 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2011S$1,030 psfS$1.83M2+108.9%
2006S$493 psfS$685k2+15.2%
2004S$428 psfS$750k3-14.6%
1999S$501 psfS$825k4-20.1%
1995S$627 psfS$1.04M3

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Parkway View?

Key Takeaway

9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Parkway View sits — in the last 12 months, across all property types.

Active agents · 12mo

9,526

District 15 · closed ≥1 deal

Deals on record

60,896

all-time · all property types

Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Parkway View and what's nearby?

Key Takeaway

Parkway View is located in Marine Parade, in the Central Region of Singapore.

Parkway View is a freehold apartment completed in 1992. It was developed by MARABEL INVESTMENTS PTE LTD. The development has 26 residential units. It sits on a land area of 2,396 sqm and has a gross floor area of 5,028 sqm. The plot ratio is 2.1.

PARKWAY VIEW is located at 39 Marine Parade Road, Singapore 449265. It is part of District 15, Katong / Joo Chiat / Amber Road, Marine Parade. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Marine Parade MRT, approximately 101m away, around 2 minutes on foot. Nearby amenities include Katong V for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 84 Marine Parade Central for food options, and Marine Parade Rd Pk for greenery and recreation. Facilities in the development include Barbeque Area, Open car park, Playground, and 24 hours security.

7

Who built Parkway View and how big is the development?

Key Takeaway

Parkway View was developed by MARABEL INVESTMENTS PTE LTD, with 26 units.

Developer
MARABEL INVESTMENTS PTE LTD
Blocks
1
Land area
2,396 sqm (25,790 sqft)
Gross floor area
5,028 sqm (54,121 sqft)
Plot ratio
2.10
8

How far is Parkway View from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Parkway View is Marine Parade MRT, about 101 m away (~2 min walk). 3 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority514 m
  • Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority871 m
  • Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority877 m
  • Tanjong Katong Secondary SchoolSecondary school1.0 km
  • Haig Girls' SchoolPrimary school1.0 km
  • Tanjong Katong Girls' SchoolSecondary school1.1 km
  • Chung Cheng High School (Main)Secondary school1.4 km
  • Chij Katong ConventSecondary school1.5 km

Shops, food & parks

Mall: Katong V · 187 mSupermarket: NTUC Fairprice Co-operative Ltd · 145 mHawker centre: Blk 84 Marine Parade Central · 257 mPark: Marine Parade Rd Pk · 492 m

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

9

What facilities does Parkway View have?

Key Takeaway

Parkway View has 4 facilities, including Barbeque Area, Open car park, Playground, 24 hours security.

Barbeque AreaOpen car parkPlayground24 hours security
10

What does it cost to own a unit at Parkway View?

Key Takeaway

Buying a unit at Parkway View (~S$750k) needs about S$5,490/mo in income and S$2,526/mo in repayments, after S$17,100 stamp duty and a S$188k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$750k) 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$17,100

BSD, tiered

Downpayment (25%)

S$188k

cash + CPF

Monthly instalment

S$2,526/mo

30y @ 3.5%

Income required

S$5,490/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Parkway View? Ask before you commit.

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

PropKaki
Is Parkway View a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about Parkway View

How much does a unit at Parkway View cost?

Units at Parkway View have recently transacted around S$750k (S$511 psf), from 18 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Parkway View?

For a unit around S$750k as a first home, you'd need roughly S$5,490/mo in income (assessed at the stress-test rate), with repayments near S$2,526/mo after a S$188k (25%) downpayment and S$17,100 Buyer's Stamp Duty.

Is Parkway View a good investment?

Gross rental yield is about 8.0%; median PSF has risen about 64% since 1995. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Parkway View going up?

The median transacted PSF at Parkway View has risen about 64% between 1995 and 2011, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Parkway View freehold or leasehold?

Parkway View is freehold — ownership does not expire.

When was Parkway View built and who developed it?

Parkway View obtained TOP in 1992, developed by MARABEL INVESTMENTS PTE LTD, with 26 units across 1 block.

What is the nearest MRT to Parkway View?

The nearest MRT/LRT station to Parkway View is Marine Parade MRT, about 101 m away (~2 min walk).

Which primary schools are within 1 km of Parkway View?

Tanjong Katong Primary School, Tao Nan School, Chij (Katong) Primary are within 1 km of Parkway View — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp