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Melville Park

Condominium · District 18 (Tampines / Pasir Ris) · Outside Central Region · 99-year lease (65 yrs left) · Updated Sep 2026

Melville Park is a 99-year lease (65 yrs left) condominium development in District 18 (Tampines / Pasir Ris). It has 228 recorded private transactions. Latest sale: $1,190,000 (Sep 2026, 122 sqm, floors 01-05). Median $912/sqft. Prices up 20.5% over the period. 65 years lease remaining.

Latest Sale
$1,190,000
Sep 2026 · 122 sqm
Median Price
$912/sqft
$930,444 typical unit
Transactions
228
$701–$1,080 psf
Price Trend
▲ 20.5%
~3.9% a year

Where Melville Park ranks in District 18

All 46 projects ›
Median psf
Top 100%
#46 / 46 Top 100%
Typical unit price
Top 98%
#45 / 46 Top 98%
Most recent sale
Top 83%
#38 / 46 Top 83%
Price growth
Top 80%
#35 / 44 Top 80%

Median psf over time

Estimate a unit at Melville Park

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
—
Project forward
▲ Market growth +3.9%/yr
▼ Lease decay −0.42%/yr
Growth scenario
In 5 years
—

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

65 yrs
Remaining lease
0.42%
Annual decay (Bala's Table)
1992
Lease commenced

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 bandMedian psfTransactions
01-05 $906 115
06-10 $918 92
11-15 $914 21

Recent transactions

DateFloorType AreaPricepsf
Sep 2026 01-05 Resale 122 sqm $1,190,000 $906
Sep 2026 01-05 Resale 89 sqm $930,000 $971
Sep 2026 06-10 Resale 87 sqm $890,000 $950
Sep 2026 06-10 Resale 87 sqm $900,000 $961
Sep 2026 06-10 Resale 130 sqm $1,350,000 $965
Sep 2026 01-05 Resale 87 sqm $945,000 $1,009
Aug 2026 01-05 Resale 93 sqm $930,000 $929
Aug 2026 01-05 Resale 89 sqm $925,000 $966
Aug 2026 06-10 Resale 124 sqm $1,155,000 $865
Aug 2026 06-10 Resale 89 sqm $924,000 $965
Aug 2026 06-10 Resale 92 sqm $955,000 $964
Jul 2026 01-05 Resale 87 sqm $891,000 $951
Jul 2026 06-10 Resale 89 sqm $935,000 $976
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 01-05 Resale 108 sqm $1,115,000 $959
Apr 2026 01-05 Resale 121 sqm $1,250,000 $960
Apr 2026 06-10 Resale 89 sqm $981,000 $1,024
Mar 2026 06-10 Resale 87 sqm $895,000 $956
Mar 2026 01-05 Resale 112 sqm $1,200,000 $995
Showing 25 of 228 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Melville Park is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Melville Park, with their median resale psf. Useful for comparing what Melville Park costs per square foot against nearby developments.

More condos in District 18
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Melville Park

Melville Park is a 99-year leasehold condominium development in District 18 (Tampines / Pasir Ris), its lease commencing in 1992 and about 65 years remaining, so lease decay is a real factor in its pricing. Its $912 psf median sits about 29% below the District 18 median, cheaper than about 98% of projects there. It has a busy transaction history, with 228 sales between 2021-10 and 2026-09, ranging from $690,000 to $1,500,000. The most recent transaction was a 122 sqm unit (floors 01-05) at $1,190,000 in Sep 2026, and the median is $912 psf. Over the data window, prices here are up about 20.5% (about 3.9% a year). 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 $1,190,000 for a 122 sqm unit in 2026-09. The median price is $912 per square foot across 228 transactions, ranging from $690,000 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 $912 psf, with transactions ranging from $701 to $1,080 psf. This is based on 228 URA-recorded transactions in District 18.

Have prices at Melville Park gone up or down?

Prices at Melville Park have increased by approximately 20.5% over the data period (around 3.9% a year). The median price is currently $912 psf, with the most recent sale at $1,190,000 in 2026-09.