99-yearOCRDistrict 19 (Hougang)

Parkwood Residences

Reviewed by Nathan TangUpdated 24 September 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 27 units for sale from S$1.40M to S$3.30M. The lease has approximately 91 years remaining.

Key facts about Parkwood Residences
Tenure99-year leasehold from 2018 (≈91 years left)
TOP year2023
DeveloperOXLEY GARNET PTE LTD
Units18 in 1 block
District and areaDistrict 19 · Hougang · OCR
Latest median psfS$1,577 psf, last 12 URA caveats to May 2023
1

What's for sale and for rent at Parkwood Residences?

Key Takeaway

Parkwood Residences has 27 units listed for sale, asking S$1.40M to S$3.30M (median S$1,680 psf), and 0 units for rent.

For sale

27 listings

S$1.40M – S$3.30M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom17S$1.40M–S$1.90MS$1,496 psf
5-bedroom8S$3.20M–S$3.20MS$1,680 psf
6-bedroom1S$3.30M–S$3.30M
8-bedroom1S$1.74M–S$1.74M

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

2

What are the floor plans and unit sizes at Parkwood Residences?

Key Takeaway

Floor plans for Parkwood Residences aren't in PropKaki's library yet. Across 18 URA caveats, units range from 861 sqft to 1,905 sqft, and the middle half are 936 sqft to 1,076 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom936 sqft to 1,076 sqftS$1.40M · S$1,496 psf
5-bedroom1,905 sqftS$3.20M · S$1,680 psf
6-bedroom3,800 sqftS$3.30M
8-bedroom4,200 sqftS$1.74M

Check the Floor Plan Finder for Parkwood Residences →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

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$4,223

13 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.

4

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 13 rentals on record since Nov 2020. Source: URA.

5

Is Parkwood Residences a good investment?

Key Takeaway

Parkwood Residences has no resales on record yet, so it has no track record of its own. Across District 19, 90% of 30,979 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 29% over a median 7.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 19 sold for more

90%

of 30,979 private resales

Median gain

29%

gross, before costs

Median hold

7.0 years

bought to resold

Parkwood Residences has fewer than 10 matched resales, so the figures are for District 19 as a whole. Check the odds for your unit size and holding period →

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

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.

8

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
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

Read how to tell if a condo is profitable →

11

How many property agents are active around Parkwood Residences?

Key Takeaway

11,112 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

11,112

District 19 · closed ≥1 deal

Deals on record

72,395

all-time · all property types

Source: CEA public transaction records, attributed to District 19 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 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…
12

Frequently asked questions about Parkwood Residences

Is Parkwood Residences freehold?

No. Parkwood Residences is on a 99-year lease that started in 2018, with about 91 years left.

How old is Parkwood Residences?

Parkwood Residences was completed (obtained TOP) in 2023, so it is about 3 years old.

Is Parkwood Residences a good investment?

Parkwood Residences has no resales on record yet, so it has no track record of its own. Across District 19, 90% of 30,979 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 29% over a median 7.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Parkwood Residences an EC?

No. Parkwood Residences is a private apartment development, not an executive condominium (EC).

Who is the developer of Parkwood Residences?

Parkwood Residences was developed by OXLEY GARNET PTE LTD.

What is the price of a condo at Parkwood Residences?

Units at Parkwood Residences have recently sold for around S$1.60M (S$1,577 psf), the median of the last 12 URA caveats to May 2023. The price depends on size, floor and facing. 27 units are listed for sale from S$1.40M to S$3.30M.

Where is Parkwood Residences located?

Parkwood Residences is at 208 Yio Chu Kang Road, Singapore 545653, in Hougang (District 19).

How many units are there in Parkwood Residences?

Parkwood Residences has 18 units in 1 block, up to 5 storeys high.

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.

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 get priority in Primary 1 (P1) registration.