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Parc Central Residences

Executive Condo · District 18 (Tampines / Pasir Ris) · Outside Central Region · 99-year lease (92 yrs left) · Updated Jul 2024

Parc Central Residences is a 99-year lease (92 yrs left) executive condo development in District 18 (Tampines / Pasir Ris). It has 139 recorded private transactions. Latest sale: $1,448,000 (Jul 2024, 87 sqm, floors 11-15). Median $1,193/sqft. Prices up 31.5% over the period. 92 years lease remaining.

Latest Sale
$1,448,000
Jul 2024 · 87 sqm
Median Price
$1,193/sqft
$1,402,000 typical unit
Transactions
139
$1,062–$1,680 psf
Price Trend
▲ 31.5%
~9.3% a year

Where Parc Central Residences ranks in District 18

All 46 projects ›
Median psf
#28 / 46
Typical unit price
#15 / 46
Most recent sale
#27 / 46
Price growth
#18 / 43

Median psf over time

Estimate a unit at Parc Central Residences

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

Estimated value
Project forward
Market growth +9.3%/yr
Lease decay −0.15%/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

92 yrs
Remaining lease
0.15%
Annual decay (Bala's Table)
2019
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.15% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,166 61
06-10 $1,198 23
11-15 $1,240 42
16-20 $1,094 13

Recent transactions

DateFloorType AreaPricepsf
Jul 2024 11-15 New Sale 87 sqm $1,448,000 $1,546
May 2024 11-15 New Sale 112 sqm $1,932,000 $1,603
Mar 2024 06-10 New Sale 86 sqm $1,394,000 $1,506
Mar 2024 06-10 New Sale 86 sqm $1,501,000 $1,621
Mar 2024 11-15 New Sale 86 sqm $1,434,000 $1,549
Mar 2024 11-15 New Sale 86 sqm $1,555,000 $1,680
Mar 2024 01-05 New Sale 86 sqm $1,455,000 $1,572
Mar 2024 01-05 New Sale 114 sqm $1,826,000 $1,488
Mar 2024 11-15 New Sale 104 sqm $1,746,000 $1,560
Mar 2024 16-20 New Sale 118 sqm $1,812,000 $1,427
Mar 2024 11-15 New Sale 136 sqm $2,350,000 $1,605
Jul 2022 01-05 New Sale 112 sqm $1,412,000 $1,171
May 2022 01-05 New Sale 112 sqm $1,466,000 $1,216
Apr 2022 01-05 New Sale 112 sqm $1,405,000 $1,165
Jan 2022 06-10 New Sale 112 sqm $1,544,000 $1,281
Jan 2022 01-05 New Sale 112 sqm $1,455,000 $1,207
Dec 2021 01-05 New Sale 112 sqm $1,418,000 $1,176
Dec 2021 01-05 New Sale 112 sqm $1,461,000 $1,212
Dec 2021 01-05 New Sale 112 sqm $1,412,000 $1,171
Dec 2021 01-05 New Sale 112 sqm $1,412,000 $1,171
Dec 2021 01-05 New Sale 112 sqm $1,491,000 $1,237
Dec 2021 06-10 New Sale 112 sqm $1,488,000 $1,234
Dec 2021 01-05 New Sale 112 sqm $1,412,000 $1,171
Dec 2021 11-15 New Sale 81 sqm $1,075,000 $1,233
Dec 2021 06-10 New Sale 112 sqm $1,463,000 $1,214
Showing 25 of 139 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Parc Central Residences

Parc Central Residences is a 99-year leasehold development with its lease commencing in 2019 and about 92 years remaining in District 18 (Tampines / Pasir Ris), within the Outside Central Region of Singapore. It is among the more actively traded executive condominium developments in the area, with 139 recorded transactions between 2021-06 and 2024-07, ranging from $1,009,000 to $2,350,000. The most recent transaction was a 87 sqm unit (floors 11-15) sold for $1,448,000 in 2024-07, and the median price is $1,193 per square foot. Prices here have risen sharply, by about 31.5% over the period (around 9.3% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 92 years remaining is 0.9578, an annual lease decay of about 0.15%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Parc Central Residences cost?

The most recent transaction at Parc Central Residences was $1,448,000 for a 87 sqm unit in 2024-07. The median price is $1,193 per square foot across 139 transactions, ranging from $1,009,000 to $2,350,000. Data sourced from URA.

Is Parc Central Residences freehold or leasehold?

Parc Central Residences is on a 99-year lease commencing in 2019, with approximately 92 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.15%.

What is the price per square foot (psf) at Parc Central Residences?

The median price at Parc Central Residences is $1,193 psf, with transactions ranging from $1,062 to $1,680 psf. This is based on 139 URA-recorded transactions in District 18.

Have prices at Parc Central Residences gone up or down?

Prices at Parc Central Residences have increased by approximately 31.5% over the data period (around 9.3% a year). The median price is currently $1,193 psf, with the most recent sale at $1,448,000 in 2024-07.