99-yearOCRDistrict 19 (Hougang)

Parkwood Residences

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2023 (URA)
Quick Summary

Parkwood Residences is a 99-year apartment in District 19 (Hougang) that obtained TOP in 2023, with 18 units across 1 block. Across 18 transactions on record, units have recently transacted around S$1.60M (S$1,577 psf, ~990 sqft). There are 15 units for sale from S$1.50M to S$3.20M. The lease has approximately 91 years remaining.

1

What are the key facts about Parkwood Residences?

Key Takeaway

Parkwood Residences is a 99-year apartment in District 19 (Hougang) that obtained TOP in 2023, with 18 units across 1 block.

Tenure
99-year
TOP / Completion
2023
Developer
OXLEY GARNET PTE LTD
Total units
18
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,577 psf
Last transacted
May 2023
Remaining lease
≈ 91 years
2

What is the price and PSF at Parkwood Residences?

Key Takeaway

Units have recently transacted around S$1.60M (S$1,577 psf), at a gross rental yield of about 3.2% (URA caveat data).

Recent median price

S$1.60M

recent · 18 sales on record

Median PSF

S$1,577 psf

recent transactions

Median rent (monthly)

S$4,227

11 rentals on record

Gross rental yield

3.2%

indicative, gross

Units currently for sale are asking a median of S$1,680 psf — about 7% above the most recent transacted PSF.

Source: URA caveat data, through May 2023.

3

What has recently sold at Parkwood Residences?

Key Takeaway

Parkwood Residences has 18 recorded sales; the most recent transacted at S$1,782,000 in May 2023 (URA caveat data).

DatePriceSize (sqft)PSF
May 2023S$1,782,000958S$1,860 psf
Oct 2022S$1,474,338936S$1,574 psf
Sept 2022S$1,431,875936S$1,529 psf
Sept 2022S$1,618,5131,076S$1,504 psf
Aug 2022S$1,508,000861S$1,751 psf
Aug 2022S$1,604,000990S$1,620 psf
Jul 2022S$1,451,000936S$1,549 psf
Jul 2022S$1,613,0001,023S$1,577 psf
Jul 2022S$1,580,5931,044S$1,514 psf
Jun 2022S$1,636,0001,033S$1,583 psf
May 2022S$1,630,0001,023S$1,594 psf
May 2022S$1,620,000990S$1,636 psf

18 sales and 11 rentals on record since Nov 2020. Source: URA.

4

How many property agents are active around Parkwood Residences?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Parkwood Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

11,111

District 19 · closed ≥1 deal

Deals on record

72,282

all-time · all property types

Source: CEA public transaction records, attributed to District 19across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

5

What bedroom types are available at Parkwood Residences?

Key Takeaway

Parkwood Residences has 15 units listed for sale, spanning 3–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom9S$1.50M–S$1.70M
5-bedroom6S$3.20M–S$3.20MS$1,680 psf
6

Where is Parkwood Residences and what's nearby?

Key Takeaway

Parkwood Residences is located in Hougang, in the North-East Region of Singapore.

Parkwood Residences is a 99-year apartment completed in 2023. It was developed by OXLEY GARNET PTE LTD. The development has 18 residential units. It sits on a land area of 1,313 sqm and has a gross floor area of 1,839 sqm. The plot ratio is 1.4.

PARKWOOD RESIDENCES is located at 208 Yio Chu Kang Road, Singapore 545653. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

Nearby amenities include Hougang 1 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Parry Rd Pg for greenery and recreation. Facilities in the development include Barbeque Area, Car Park, Fitness corner, Jacuzzi, Pool Deck, and Playground.

7

Who built Parkwood Residences and how big is the development?

Key Takeaway

Parkwood Residences was developed by OXLEY GARNET PTE LTD, with 18 units over up to 5 storeys.

Developer
OXLEY GARNET PTE LTD
Floors
5 storeys
Blocks
1
Land area
1,313 sqm (14,133 sqft)
Gross floor area
1,839 sqm (19,795 sqft)
Plot ratio
1.40
8

How far is Parkwood Residences from MRT and schools?

Key Takeaway

5 schools are within 1 km, including 3 primary schools.

Schools nearby

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

  • Bowen Secondary SchoolSecondary schoolwithin 1 km472 m
  • Rosyth SchoolPrimary schoolwithin 1 km · P1 priority709 m
  • Serangoon Garden Secondary SchoolSecondary schoolwithin 1 km785 m
  • Zhonghua Primary SchoolPrimary schoolwithin 1 km · P1 priority972 m
  • Xinmin Primary SchoolPrimary schoolwithin 1 km · P1 priority975 m
  • Peicai Secondary SchoolSecondary school1.0 km
  • Xinmin Secondary SchoolSecondary school1.0 km
  • Anderson Serangoon Junior CollegeJunior college1.3 km

Shops, food & parks

Mall: Hougang 1 · 1.1 kmSupermarket: NTUC Fairprice Co-operative Ltd · 472 mPark: Parry Rd Pg · 202 m

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

9

What facilities does Parkwood Residences have?

Key Takeaway

Parkwood Residences has 7 facilities, including Barbeque Area, Car Park, Fitness corner, Jacuzzi, and more.

Barbeque AreaCar ParkFitness cornerJacuzziPool DeckPlayground24 hours security
10

What does it cost to own a unit at Parkwood Residences?

Key Takeaway

Buying a unit at Parkwood Residences (~S$1.60M) needs about S$11,742/mo in income and S$5,402/mo in repayments, after S$49,800 stamp duty and a S$401k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.60M) 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$49,800

BSD, tiered

Downpayment (25%)

S$401k

cash + CPF

Monthly instalment

S$5,402/mo

30y @ 3.5%

Income required

S$11,742/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 Parkwood Residences? Ask before you commit.

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

PropKaki
Is Parkwood Residences a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about Parkwood Residences

How much does a unit at Parkwood Residences cost?

Units at Parkwood Residences have recently transacted around S$1.60M (S$1,577 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 Parkwood Residences?

For a unit around S$1.60M as a first home, you'd need roughly S$11,742/mo in income (assessed at the stress-test rate), with repayments near S$5,402/mo after a S$401k (25%) downpayment and S$49,800 Buyer's Stamp Duty.

Is Parkwood Residences a good investment?

Gross rental yield is about 3.2%, and current asking prices sit about 7% above the most recent transacted PSF. 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.

Is Parkwood Residences freehold or leasehold?

Parkwood Residences is 99-year, with approximately 91 years remaining on the lease.

When was Parkwood Residences built and who developed it?

Parkwood Residences obtained TOP in 2023, developed by OXLEY GARNET PTE LTD, with 18 units across 1 block.

How many units are for sale at Parkwood Residences?

There are 15 units for sale at Parkwood Residences, from S$1.50M to S$3.20M.

Which primary schools are within 1 km of Parkwood Residences?

Rosyth School, Zhonghua Primary School, Xinmin Primary School are within 1 km of Parkwood Residences — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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