PropKaki
99-yearOCRDistrict 19 (Hougang)

Parkwood Residences

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$1.60M (S$1,577 psf), from 18 sales on record. 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$4,250

10 rentals on record

Gross rental yield

3.2%

indicative, gross

Units currently for sale are asking a median of S$1,667 psf — about 6% 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 10 rentals on record since Nov 2020. Source: URA.

4

What bedroom types are available at Parkwood Residences?

Key Takeaway

Parkwood Residences has 15 units listed for sale, spanning 3–8-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom12S$1.50M–S$1.80MS$1,667 psf
5-bedroom2S$3.20M–S$3.20M
8-bedroom1S$1.85M–S$1.85MS$440 psf
5

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.

6

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.

7

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
8

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

9

Frequently asked questions about Parkwood Residences

What is the price at Parkwood Residences?

Units at Parkwood Residences have recently transacted around S$1.60M (S$1,577 psf), from 18 sales on record (URA caveat data).

What is the PSF at Parkwood Residences?

Units for sale at Parkwood Residences are asking a median of about S$1,667 psf.

Is Parkwood Residences freehold or leasehold?

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

When was Parkwood Residences built?

Parkwood Residences obtained TOP in 2023, developed by OXLEY GARNET PTE LTD.

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.

What is the rental yield at Parkwood Residences?

Gross rental yield at Parkwood Residences is about 3.2%, based on median current rents and prices.

How many units are in Parkwood Residences?

Parkwood Residences has 18 units across 1 block.

What facilities does Parkwood Residences have?

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

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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