PropKaki
FreeholdRCRDistrict 15 (Marine Parade)

Parkway View

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$750k (S$511 psf), from 18 sales on record.

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$4,972

89 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 89 rentals on record since Mar 1995. Source: URA.

4

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.

5

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.

6

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
7

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

8

Frequently asked questions about Parkway View

What is the price at Parkway View?

Units at Parkway View have recently transacted around S$750k (S$511 psf), from 18 sales on record (URA caveat data).

Is Parkway View freehold or leasehold?

Parkway View is freehold.

When was Parkway View built?

Parkway View obtained TOP in 1992, developed by MARABEL INVESTMENTS PTE LTD.

What is the rental yield at Parkway View?

Gross rental yield at Parkway View is about 8.0%, based on median current rents and prices.

How many units are in Parkway View?

Parkway View has 26 units across 1 block.

What facilities does Parkway View have?

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

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.

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