Melville Park
Melville Park is a 99-year lease (65 yrs left) condominium development in District 18 (Tampines / Pasir Ris). It has 244 recorded private transactions. Latest sale: $1,290,000 (Jun 2026, 125 sqm, floors 01-05). Median $900/sqft. Prices up 30.7% over the period. 65 years lease remaining.
Where Melville Park ranks in District 18
All 46 projects ›Median psf over time
Estimate a unit at Melville Park
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.42% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $895 | 123 |
| 06-10 | $903 | 97 |
| 11-15 | $909 | 24 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jun 2026 | 01-05 | Resale | 125 sqm | $1,290,000 | $959 |
| Jun 2026 | 01-05 | Resale | 87 sqm | $918,000 | $980 |
| Jun 2026 | 01-05 | Resale | 89 sqm | $890,000 | $929 |
| Jun 2026 | 06-10 | Resale | 121 sqm | $1,288,000 | $989 |
| May 2026 | 01-05 | Resale | 93 sqm | $968,000 | $967 |
| Apr 2026 | 01-05 | Resale | 92 sqm | $967,700 | $977 |
| Apr 2026 | 06-10 | Resale | 89 sqm | $935,000 | $976 |
| Apr 2026 | 06-10 | Resale | 89 sqm | $981,000 | $1,024 |
| Apr 2026 | 01-05 | Resale | 108 sqm | $1,115,000 | $959 |
| Apr 2026 | 01-05 | Resale | 121 sqm | $1,250,000 | $960 |
| Mar 2026 | 06-10 | Resale | 87 sqm | $895,000 | $956 |
| Mar 2026 | 01-05 | Resale | 112 sqm | $1,200,000 | $995 |
| Mar 2026 | 01-05 | Resale | 125 sqm | $1,300,000 | $966 |
| Feb 2026 | 01-05 | Resale | 137 sqm | $1,500,000 | $1,017 |
| Feb 2026 | 01-05 | Resale | 101 sqm | $978,000 | $900 |
| Jan 2026 | 06-10 | Resale | 135 sqm | $1,500,000 | $1,032 |
| Jan 2026 | 06-10 | Resale | 92 sqm | $927,000 | $936 |
| Jan 2026 | 06-10 | Resale | 145 sqm | $1,480,000 | $948 |
| Jan 2026 | 01-05 | Resale | 87 sqm | $900,000 | $961 |
| Jan 2026 | 01-05 | Resale | 137 sqm | $1,435,000 | $973 |
| Jan 2026 | 06-10 | Resale | 87 sqm | $888,000 | $948 |
| Dec 2025 | 11-15 | Resale | 135 sqm | $1,480,000 | $1,018 |
| Dec 2025 | 01-05 | Resale | 125 sqm | $1,280,000 | $951 |
| Dec 2025 | 06-10 | Resale | 97 sqm | $965,000 | $924 |
| Nov 2025 | 01-05 | Resale | 89 sqm | $920,000 | $960 |
About Melville Park
Melville Park is a 99-year leasehold development with its lease commencing in 1992 and about 65 years remaining in District 18 (Tampines / Pasir Ris), within the Outside Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 244 recorded transactions between 2021-06 and 2026-06, ranging from $620,000 to $1,500,000. The most recent transaction was a 125 sqm unit (floors 01-05) sold for $1,290,000 in 2026-06, and the median price is $900 per square foot. Prices here have risen sharply, by about 30.7% over the period (around 5.5% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 65 years remaining is 0.8931, an annual lease decay of about 0.42%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Melville Park cost?
The most recent transaction at Melville Park was $1,290,000 for a 125 sqm unit in 2026-06. The median price is $900 per square foot across 244 transactions, ranging from $620,000 to $1,500,000. Data sourced from URA.
Is Melville Park freehold or leasehold?
Melville Park is on a 99-year lease commencing in 1992, with approximately 65 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.42%.
What is the price per square foot (psf) at Melville Park?
The median price at Melville Park is $900 psf, with transactions ranging from $635 to $1,080 psf. This is based on 244 URA-recorded transactions in District 18.
Have prices at Melville Park gone up or down?
Prices at Melville Park have increased by approximately 30.7% over the data period (around 5.5% a year). The median price is currently $900 psf, with the most recent sale at $1,290,000 in 2026-06.