Parktown Residence
Parktown Residence is a 99-year lease (96 yrs left) apartment development in District 18 (Tampines / Pasir Ris). It has 1168 recorded private transactions. Latest sale: $3,453,000 (Sep 2026, 139 sqm, floors 06-10). Median $2,361/sqft. Prices down 1.6% over the period. 96 years lease remaining.
Where Parktown Residence ranks in District 18
All 46 projects ›Median psf over time
Estimate a unit at Parktown Residence
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 0.13% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $2,301 | 441 |
| 06-10 | $2,365 | 518 |
| 11-15 | $2,414 | 209 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Sep 2026 | 06-10 | New Sale | 139 sqm | $3,453,000 | $2,308 |
| Jul 2026 | 01-05 | New Sale | 108 sqm | $2,605,000 | $2,241 |
| Jul 2026 | 01-05 | New Sale | 110 sqm | $2,653,000 | $2,241 |
| Jul 2026 | 06-10 | New Sale | 110 sqm | $2,759,000 | $2,330 |
| Jun 2026 | 01-05 | New Sale | 110 sqm | $2,679,000 | $2,263 |
| May 2026 | 01-05 | New Sale | 110 sqm | $2,666,000 | $2,252 |
| May 2026 | 11-15 | New Sale | 110 sqm | $2,812,000 | $2,375 |
| Apr 2026 | 06-10 | New Sale | 156 sqm | $3,973,000 | $2,366 |
| Apr 2026 | 01-05 | New Sale | 139 sqm | $3,256,000 | $2,176 |
| Apr 2026 | 01-05 | New Sale | 139 sqm | $3,307,000 | $2,210 |
| Apr 2026 | 06-10 | New Sale | 110 sqm | $2,719,000 | $2,296 |
| Apr 2026 | 06-10 | New Sale | 110 sqm | $2,746,000 | $2,319 |
| Apr 2026 | 01-05 | New Sale | 110 sqm | $2,679,000 | $2,263 |
| Apr 2026 | 06-10 | New Sale | 110 sqm | $2,785,000 | $2,352 |
| Apr 2026 | 01-05 | New Sale | 110 sqm | $2,706,000 | $2,285 |
| Apr 2026 | 06-10 | New Sale | 110 sqm | $2,733,000 | $2,308 |
| Mar 2026 | 06-10 | New Sale | 139 sqm | $3,569,900 | $2,386 |
| Mar 2026 | 06-10 | New Sale | 139 sqm | $3,375,000 | $2,256 |
| Mar 2026 | 01-05 | New Sale | 108 sqm | $2,643,000 | $2,274 |
| Mar 2026 | 06-10 | New Sale | 108 sqm | $2,683,000 | $2,308 |
| Mar 2026 | 01-05 | New Sale | 139 sqm | $3,434,000 | $2,295 |
| Mar 2026 | 11-15 | New Sale | 156 sqm | $3,993,000 | $2,378 |
| Mar 2026 | 01-05 | New Sale | 156 sqm | $3,781,000 | $2,252 |
| Mar 2026 | 11-15 | New Sale | 99 sqm | $2,689,000 | $2,523 |
| Mar 2026 | 01-05 | New Sale | 99 sqm | $2,542,000 | $2,385 |
Parktown Residence is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Private condos and apartments closest to Parktown Residence, with their median resale psf. Useful for comparing what Parktown Residence costs per square foot against nearby developments.
About Parktown Residence
Parktown Residence is among the pricier projects in District 18 (Tampines / Pasir Ris), with a median of $2,361 psf that runs above about 99% of developments there. It has a busy transaction history, with 1168 sales between 2025-02 and 2026-09, ranging from $1,070,000 to $4,048,000. The most recent transaction was a 139 sqm unit (floors 06-10) at $3,453,000 in Sep 2026, and the median is $2,361 psf. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 96 years remaining is 0.9632, an annual lease decay of about 0.13%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Parktown Residence cost?
The most recent transaction at Parktown Residence was $3,453,000 for a 139 sqm unit in 2026-09. The median price is $2,361 per square foot across 1168 transactions, ranging from $1,070,000 to $4,048,000. Data sourced from URA.
Is Parktown Residence freehold or leasehold?
Parktown Residence is on a 99-year lease commencing in 2023, with approximately 96 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.13%.
What is the price per square foot (psf) at Parktown Residence?
The median price at Parktown Residence is $2,361 psf, with transactions ranging from $2,147 to $2,605 psf. This is based on 1168 URA-recorded transactions in District 18.
Have prices at Parktown Residence gone up or down?
Prices at Parktown Residence have decreased by approximately 1.6% over the data period (around -1% a year). The median price is currently $2,361 psf, with the most recent sale at $3,453,000 in 2026-09.