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Singapore Property News, Insights and Analysis

New launch

Parktown Residence

D18 · Pasir Ris / Tampines · Tampines Street 62

A 1,193-unit condo on Tampines Street 62, 12 storeys, expected to complete in 2030. Developed by UOL, Singapore Land & CapitaLand.

Source: Developer brochure; URA caveats, Nov 2026

1174 of 1,193
Units sold
$2,366
Avg $psf so far
463–1,679
Sq ft, 59 layouts
1.9 km
Tampines MRT
Parktown Residence

What brings you to Parktown Residence?

Buying here? Get a second opinion. 4-bedders start from $3.322M. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Parktown Residence prices

Sales since launch, Feb 2025
1,174
Units sold
$2,366
Average $psf
$1.07M – $4.11M
Price range
Indicative prices by bedroom type

Indicative prices from the developer's price list, to the best of our knowledge. Prices and availability change often. Speak with us for the latest pricing.

By bedroom type
Sales since launch
TypeSalesAvg $psfPrice rangeSize
1-Bedroom73 sales$2,386 psf$1.07M – $1.27M463–506 sq ft
2-Bedroom586 sales$2,403 psf$1.32M – $1.99M592–764 sq ft
3-Bedroom408 sales$2,326 psf$2.07M – $2.9M926–1,184 sq ft
4-Bedroom91 sales$2,300 psf$2.87M – $3.58M1,335–1,496 sq ft
5-Bedroom16 sales$2,346 psf$3.78M – $4.11M1,679 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Sales since launch
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft12 sales$2,393 psfAvg $1.11M$1.07M – $1.13M
500–699 sq ft452 sales$2,399 psfAvg $1.5M$1.15M – $1.76M
700–899 sq ft195 sales$2,407 psfAvg $1.81M$1.64M – $1.99M
900–1,099 sq ft293 sales$2,330 psfAvg $2.35M$2.07M – $2.75M
1,100–1,299 sq ft115 sales$2,315 psfAvg $2.71M$2.57M – $2.9M
1,300–1,599 sq ft91 sales$2,300 psfAvg $3.21M$2.87M – $3.58M
1,600–1,999 sq ft16 sales$2,346 psfAvg $3.94M$3.78M – $4.11M
Average $psf by year
In 2025, sales here averaged $2,369 psf, 27% above the D18 average of $1,862 psf for private homes (condos, apartments and ECs).
This condoD18 average
Show as a table
YearThis condoD18 average
2026$2,321$1,673
2025$2,369$1,862
Sales by year
1,174 sales since 2025; the busiest year was 2025 with 1,115. The 2026 bar covers Jan–Nov.
Show as a table
YearNew saleTotal
20265959
202511151,115
Sales in the last two years
1,174 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
1 Nov 2026#05-XX1,496 sq ft · 4-Bedroom$3.5M$2,342 psfNew sale
29 Oct 2026#12-XX1,679 sq ft · 5-Bedroom$4.11M$2,448 psfNew sale
26 Oct 2026#06-XX1,496 sq ft · 4-Bedroom$3.52M$2,353 psfNew sale
12 Oct 2026#09-XX1,496 sq ft · 4-Bedroom$3.57M$2,387 psfNew sale
12 Oct 2026#07-XX1,496 sq ft · 4-Bedroom$3.54M$2,365 psfNew sale
4 Oct 2026#06-XX1,679 sq ft · 5-Bedroom$3.98M$2,367 psfNew sale
12 Sep 2026#06-XX1,496 sq ft · 4-Bedroom$3.45M$2,308 psfNew sale
26 Jul 2026#02-XX1,163 sq ft · 3-Bedroom$2.61M$2,241 psfNew sale
23 Jul 2026#02-XX1,184 sq ft · 3-Bedroom$2.65M$2,241 psfNew sale
5 Jul 2026#09-XX1,184 sq ft · 3-Bedroom$2.76M$2,330 psfNew sale
Show all 1,174 sales
Compared with nearby condos
Compared with D18 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026; developer price list. The 2026 averages cover Jan–Nov.

03 — Rent

Parktown Residence rent and yield estimate

No leases yet · estimated from 5 nearby condos, leases starting Sep 2025–Aug 2026
$3,800
Nearby median rent a month
$2.98M
Avg price, 12 months
1.5%
Implied gross yield
An estimate, not a forecast. Parktown Residence has no rental record yet. The implied yield sets what the nearby condos below let for against Parktown Residence's average sale price over the last 12 months. It is an estimate, not a forecast: new units often let for more than older ones nearby, and actual rents will depend on the unit, the market when it completes, and costs such as fees, tax and vacancy. Speak with us before relying on it.
By bedroom type
TypeNearby median rentFromAvg price, 12 monthsImplied yield
1-Bedroom$2,750 nearby median5 condos– avg price– implied
2-Bedroom$3,500 nearby median5 condos– avg price– implied
3-Bedroom$4,200 nearby median5 condos$2.7M avg price1.9% implied
4-Bedroom$5,500 nearby median5 condos$3.4M avg price1.9% implied
Rent and yield compared with nearby condos

Implied gross yield: a year of the nearby median rent (leases starting Sep 2025–Aug 2026) over the average price of its sales in the last 12 months, before costs. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Parktown Residence floor plans by bedroom type

59 layouts across 1,193 units, from a 463 sq ft 1-bedroom to a 1,679 sq ft 5-bedroom. Pick a type to see its floor plans.

Bedroom typeLayoutsSize rangeUnits
Typical $psf4-Bedroom $2,221 – $2,458 psf · 5-Bedroom $2,298 – $2,472 psf (developer price list)

Source: Developer brochure

05 — Launch progress
98%
Sold
1,174
Units sold
19
Unsold
Developer sales by month
Dec 20253 sold1,115 of 1,193 total$2,333 psf avg
Jan 20261 sold1,116 of 1,193 total$2,274 psf avg
Feb 20268 sold1,124 of 1,193 total$2,390 psf avg
Mar 202628 sold1,152 of 1,193 total$2,311 psf avg
Apr 20269 sold1,161 of 1,193 total$2,286 psf avg
May 20262 sold1,163 of 1,193 total$2,314 psf avg
Jun 20261 sold1,164 of 1,193 total$2,263 psf avg
Jul 20263 sold1,167 of 1,193 total$2,271 psf avg
Aug 2026No sales1,167 of 1,193 total
Sep 20261 sold1,168 of 1,193 total$2,308 psf avg
Oct 20265 sold1,173 of 1,193 total$2,384 psf avg
Nov 20261 sold1,174 of 1,193 total$2,342 psf avg

Source: URA caveats, Nov 2026

06 — Layout and stacks

Parktown Residence stack plan

1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom 5-Bedroom Sold

Tap a unit for its size, price and floor plan.

Block 111 units per floor · levels 2–12
#01#02#03#04#05#06#07#08#09#10#11 L12L11L10L9L8L7L6L5L4L3L2

Based on 1,174 sales with a recorded unit number. A sale only appears once a caveat is lodged with URA, and not every buyer lodges one, so a unit with no sale shown is not necessarily available.

Source: Developer brochure; URA caveats, Nov 2026; developer price list

07 — Location

Near Parktown Residence

MRT stations
EWDT Tampines 1.9 km · 23 min walk
EW Pasir Ris 2.3 km · 28 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Angsana Primary School 380 m · 8 min walk
Within 2 km
Meridian Primary School 1.0 km · 30 min walk
Poi Ching SchoolPopular 1.1 km · 20 min walk
Elias Park Primary School 1.2 km · 29 min walk
Park View Primary School 1.3 km · 38 min walk
Tampines North Primary School 1.4 km · 20 min walk
Gongshang Primary SchoolPopular 1.7 km · 26 min walk
St. Hilda's Primary SchoolPopular 1.9 km · 29 min walk
Tampines Primary School 1.9 km · 32 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Tampines Boulevard Park 290 m · 3 min
Clinic Edgedale Medical Clinic (Tampines) 550 m · 7 min
Supermarket Cold Storage / Giant 1.8 km · 22 min
Hawker centre Hawker Centre @ Our Tampines Hub 2.1 km · 25 min
Map of the area around Parktown Residence, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

08 — Nearby

Condos and supply around Parktown Residence

Source: URA transactions; OneMap distances, Nov 2026

09 — From Stacked

Read more about Parktown Residence

72 more articles mention Parktown Residence.

Source: Stacked Homes editorial

10 — FAQ

Questions about Parktown Residence

What is the tenure of Parktown Residence?

99-year lease.

When will Parktown Residence be completed?

The expected TOP is 2030.

How many units does Parktown Residence have?

1,193 units, up to 12 storeys.

What sizes are the 2-bedroom units?

592 to 764 sq ft across 16 layouts.

How much are the units at Parktown Residence?

From $3.32M for a 4-bedroom and from $3.86M for a 5-bedroom, going by the developer price list. Prices change often: speak with us for the latest pricing.

How many units have been sold?

1174 of 1,193 as of Nov 2026, at an average of $2,366 psf, from $1.07M to $4.11M.

What did the latest sale go for?

A 1,496 sq ft unit sold for $3.5M ($2,342 psf) on 1 Nov 2026.

What is the nearest MRT station?

Tampines (EW, DT), a 23-minute walk (1.9 km). Pasir Ris (EW) is 2.3 km away.

Which primary schools are within 1 km?

Angsana Primary School, 380 m away.

Who is the developer?

UOL, Singapore Land & CapitaLand. The architect is P&T Consultants.

Answers generated from the data on this page, Nov 2026