FreeholdRCRDistrict 15 (Marine Parade)

Parkway View

Reviewed by Nathan TangUpdated 24 September 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).

Key facts about Parkway View
TenureFreehold
TOP year1992
DeveloperMARABEL INVESTMENTS PTE LTD
Units26 in 1 block
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTMarine Parade MRT, 101 m (~2 min walk)
Latest median psfS$511 psf, last 12 URA caveats to Dec 2011
1

What's for sale and for rent at Parkway View?

Key Takeaway

Parkway View has 0 units listed for sale, and 3 units for rent at a median of S$1,900 a month.

For sale

0 listings

no asking prices

For rent

3 listings

S$1,500 – S$6,550 a month

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

2

What are the floor plans and unit sizes at Parkway View?

Key Takeaway

Floor plans for Parkway View aren't in PropKaki's library yet. Across 18 URA caveats, units range from 1,389 sqft to 44,326 sqft, and the middle half are 1,389 sqft to 1,776 sqft.

3

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$4,977

93 rentals on record

Gross rental yield

8.0%

indicative, gross

Source: URA caveat data, through Dec 2011.

4

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 93 rentals on record since Mar 1995. Source: URA.

5

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.

6

Is Parkway View a good investment?

Key Takeaway

Parkway View has only 5 resales on record, too few to judge on its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 8.0%. Past resale results don't predict future returns, and this is not financial advice.

District 15 sold for more

87%

of 26,248 private resales

Median gain

28%

gross, before costs

Median hold

6.0 years

bought to resold

Parkway View has fewer than 10 matched resales, so the figures are for District 15 as a whole. Check the odds for your unit size and holding period →

7

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.

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

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
10

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
11

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

Read how to tell if a condo is profitable →

12

How many property agents are active around Parkway View?

Key Takeaway

9,527 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

9,527

District 15 · closed ≥1 deal

Deals on record

60,936

all-time · all property types

Source: CEA public transaction records, attributed to District 15 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 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…
13

Frequently asked questions about Parkway View

Is Parkway View freehold?

Yes. Parkway View is freehold, so ownership does not run out.

How old is Parkway View?

Parkway View was completed (obtained TOP) in 1992, so it is about 34 years old.

Is Parkway View a good investment?

Parkway View has only 5 resales on record, too few to judge on its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 8.0%. Past resale results don't predict future returns, and this is not financial advice.

Is Parkway View an EC?

No. Parkway View is a private apartment development, not an executive condominium (EC).

Who is the developer of Parkway View?

Parkway View was developed by MARABEL INVESTMENTS PTE LTD.

What is the price of a condo at Parkway View?

Units at Parkway View have recently sold for around S$750k (S$511 psf), the median of the last 12 URA caveats to Dec 2011. The price depends on size, floor and facing.

Where is Parkway View located?

Parkway View is at 39 Marine Parade Road, Singapore 449265, in Marine Parade (District 15). The nearest MRT station is Marine Parade MRT, about 101 m away.

How many units are there in Parkway View?

Parkway View has 26 units in 1 block.

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.

Are prices at Parkway View going up?

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

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 get priority in Primary 1 (P1) registration.