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Parktown Residence

Parktown Residence

Capital Appreciation

Capital Growth Analysis: 4/5 ★★★★☆

Location

Tampines North (District 18, OCR)

Expected TOP
2028
Developer

UOL, SingLand & CapitaLand

Launch Date

Q1 2025

Units (Count)

1193 units

Nearest MRT Stations

Tampines North (3-min walk)

Nearest Shopping Mall

Tampines Mall, Century Square, Tampines 1

PSF (Estimate)

1-Bed: S$1900–S$2100 psf 2-Bed: S$2000–S$2200 psf 3-Bed: S$2050–S$2250 psf 4-Bed: S$2100–S$2300 psf

Pri Schools Within 1km

St. Hilda’s Primary, Poi Ching School

Tenure

99-year

Opinions

Insights: Next Buyer: HDB upgraders, families. Demand: High from Tampines North MRT, integrated mall (91% sold at S$2360 psf). Supply: Large size, D18 competition. Comparison: Treasure at Tampines (2,203 units, 99-year, 2019) had 263 profitable transactions, 1 loss [EdgeProp]. Analysis: Treasure’s strong performance suggests low loss risk; integrated amenities drive robust appreciation.