Parktown Residence
D18 - Pasir Ris / Tampines
Project Timeline
Key milestones for Parktown Residence.
Availability
Factsheet
Why Parktown Residence
A landmark development that brings together an unbeatable location and trusted developer pedigree.
87% sold over the launch weekend
When sales opened on 22 February 2025, 1,041 of the project's 1,193 units were taken up at an average of $2,360 psf — the most units moved over a launch weekend since Emerald of Katong in November 2024.
Integrated transport hub on site
This is an integrated development, not just a condo: a bus interchange, a mall, a hawker centre and a community club are built into the same site, with Tampines North MRT on the Cross Island Line arriving around 2030.
Everyday retail at ground level
The integrated mall and hawker centre sit within the development. Prime Supermarket is 228m away, Sheng Siong 611m, Courts Megastore 879m and IKEA Tampines about 1 km.
Angsana Primary 373m away
Angsana Primary School is a five-minute walk from the site, with Poi Ching School about 993m away — a straightforward school run for families with young children.
1,193 homes, now 97.8% sold
The development spans 1,193 units on a 50,679 sqm site. Only large-format homes remain — every layout below 4-bedroom Premium has sold out.
Land secured at $885 psf ppr
The Tampines Avenue 11 site was awarded at $885 psf per plot ratio in July 2023 — a land cost that gave the developer room to price at $2,360 psf and still sell out 87% in a weekend.
Current Prices
| Block ↕ | Unit ↕ | Plan | Area ↕ | Price ↕ | $PSF ↕ | Status |
|---|---|---|---|---|---|---|
| Block 1 | #12-10 | DP2 | 1,496 sqft | $3,677,000 | $2,458 psf | Available |
| Block 1 | #11-10 | DP2 | 1,496 sqft | $3,660,000 | $2,447 psf | Available |
| Block 1 | #09-10 | DP2 | 1,496 sqft | $3,608,000 | $2,412 psf | Available |
| Block 1 | #07-10 | DP2 | 1,496 sqft | $3,573,000 | $2,388 psf | Available |
| Block 1 | #06-10 | DP2 | 1,496 sqft | $3,556,000 | $2,377 psf | Available |
| Block 1 | #05-10 | DP2 | 1,496 sqft | $3,539,000 | $2,366 psf | Available |
| Block 1 | #03-10 | DP2 | 1,496 sqft | $3,486,000 | $2,330 psf | Available |
| Block 1 | #02-10 | DP2(p) | 1,496 sqft | $3,486,000 | $2,330 psf | Available |
| Block 7 | #02-41 | DP2(p) | 1,496 sqft | $3,322,000 | $2,221 psf | Available |
| Block 9 | #08-44 | DP2 | 1,496 sqft | $3,522,000 | $2,354 psf | Available |
| Block 9 | #07-44 | DP2 | 1,496 sqft | $3,505,000 | $2,343 psf | Available |
| Block 9 | #05-44 | DP2 | 1,496 sqft | $3,470,000 | $2,320 psf | Available |
| Block 9 | #04-44 | DP2 | 1,496 sqft | $3,435,000 | $2,296 psf | Available |
| Block 9 | #03-44 | DP2 | 1,496 sqft | $3,418,000 | $2,285 psf | Available |
| Block 9 | #02-44 | DP2(p) | 1,496 sqft | $3,418,000 | $2,285 psf | Available |
| Block 11 | #02-55 | DP1(p) | 1,485 sqft | $3,426,000 | $2,307 psf | Available |
| Block 13 | #02-67 | E1(p) | 1,679 sqft | $3,858,000 | $2,298 psf | Available |
| Block 17 | #02-82 | DP1(p) | 1,485 sqft | $3,426,000 | $2,307 psf | Available |
| Block 21 | #12-100 | E1 | 1,679 sqft | $4,151,000 | $2,472 psf | Available |
| Block 21 | #09-100 | E1 | 1,679 sqft | $4,073,000 | $2,426 psf | Available |
Sold Prices
Parktown Residence
D18 - Pasir Ris / Tampines
Parktown Residence sold 1,041 of its 1,193 units over the launch weekend of 22 February 2025, a take-up of 87% at an average price of $2,360 psf. It was the first major launch of 2025 and the strongest weekend for units moved since Emerald of Katong sold 835 of 846 units the previous November. Two years on, 97.8% of the development is sold, and every layout below 4-bedroom Premium has been taken up.
What sets the project apart is that it is genuinely integrated rather than merely well-located. A bus interchange, a shopping mall, a hawker centre and a community club form part of the development, so daily errands happen within the estate rather than requiring a trip. Tampines North MRT station on the Cross Island Line is expected around 2030, which will add a rail connection to a site that currently has none within a kilometre. Angsana Primary School is 373m away, and Prime Supermarket is 228m from the entrance.
The developer is a three-way joint venture — CapitaLand Development, UOL Group and Singapore Land Group — operating through Topaz Residential and Topaz Commercial. The same partnership is behind the Hougang Central GLS site awarded in January 2026. Their combined track record, together with the $885 psf ppr land rate secured in July 2023, explains how the project could be priced at $2,360 psf while still absorbing 87% of its stock in one weekend.
For buyers looking now, the practical picture is narrower than at launch. With 97.8% sold, availability is concentrated in the larger four- and five-bedroom layouts, which is where the remaining value sits: they compete with resale options in Tampines at similar price points while offering new-build condition and access to the integrated hub. Completion is expected around June 2030, so buyers are still purchasing off plans.
The Developer
CapitaLand
⭐ 10/10 — Major Listed DeveloperCapitaLand Group is one of Asia's largest diversified real estate groups, headquartered in Singapore and listed on the SGX. With a presence across more than 240 cities in over 30 countries, CapitaLand has a proven track record in developing residential, commercial, retail, and integrated developments. Its Singapore portfolio includes iconic projects such as Raffles City, Marina Bay Financial Centre, and The Interlace.
UOL Group
⭐ 9/10 — Major Listed DeveloperUOL Group Limited is a Singapore-listed property developer with a diversified portfolio of residential, commercial, hospitality, and retail properties. Founded in 1963, UOL Group has developed landmark projects such as Pan Pacific Orchard, PARKROYAL COLLECTION Pickering, and One Pearl Bank. The group is known for its award-winning architectural designs and sustainable building practices.
Singapore Land Group
⭐ 8/10 — Established DeveloperSingapore Land Group Limited (formerly UIC) is a Singapore-listed property developer with a prime portfolio of commercial, retail, and residential properties. The group owns landmark commercial assets including UIC Building, Singapore Land Tower, and Marina One. Singapore Land Group is a subsidiary of UOL Group Limited.
Why Parktown Residence Stands Out
A closer look at the factors that make this development a compelling opportunity.
Location & Connectivity
The site is integrated with a bus interchange, giving direct public transport access while Tampines North MRT station on the Cross Island Line is built — expected around 2030. The Tampines Expressway and Pan-Island Expressway are both within a short drive, connecting the estate to Changi, the CBD and the west.
Amenities & Lifestyle
A retail mall, hawker centre and community club form part of the development, with Prime Supermarket 228m away, Sheng Siong 611m and Courts Megastore 879m. Angsana Primary is 373m from the entrance, and IKEA Tampines is about 1 km away.
Rental & Investment
Tampines is one of Singapore's largest and most self-sufficient HDB towns, and the integrated hub concentrates footfall and amenity in one place. Employment nearby spans Changi Airport, the aviation and logistics cluster, and the Tampines Regional Centre, which supports tenant demand once the project obtains TOP around June 2030.
Area Transformation
The main structural change is the Cross Island Line, which brings Tampines North station to the estate around 2030 — the same year the project completes. Tampines North itself is a newer extension of the town with ongoing residential development, so the area's amenity base and population are still growing rather than mature.
Parktown Residence — Rating & Reviews
Data-driven assessment based on location, facilities, pricing, and market context.
Rated based on MRT proximity, nearby shopping and supermarkets within 1km, plus district prestige.
Higher score for developments with swimming pool, gym, clubhouse, tennis court, spa, and other premium amenities.
Compares the project's price per square foot against the district average — below average pricing earns a higher score.
Larger developments with more units score higher for greater community vibrancy and better facilities.
Based on the developer's track record and market standing — top-tier listed developers earn the highest scores.
Projects with completed TOP and freehold tenure score highest; longer wait times reduce the score.
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Frequently Asked Questions
Everything you need to know about Parktown Residence.
Compare Similar Projects
| Parktown Residence | Pinery Residences | Villas @ Old Tampines Road | |
 |  |  | |
| Tenure | 99 years from 9 Oct 2023 | 99 years from 7 January 2025 | Freehold |
| TOP | Jun 2030 | Q4 2029 | Q4 2027 |
| Price | 4 BEDROOM PREMIUM $3,322,000 - $3,677,000 1,485 - 1,496 sqft $2,221 - $2,458 psf 5 BEDROOM PREMIUM $3,858,000 - $4,151,000 1,679 sqft $2,298 - $2,472 psf | 4 Bedroom Luxury + Study $3,375,000 - $3,629,000 1,389 sqft $2,430 - $2,613 psf 4 Bedroom Premium + Study $2,972,000 - $3,392,000 1,195 - 1,238 sqft $2,487 - $2,784 psf 5 Bedroom Luxury $3,579,000 - $3,904,000 1,475 sqft $2,426 - $2,647 psf | Bungalow $11,800,000 5,813 sqft $2,030 psf Semi-Detached House $6,000,000 2,160 - 2,184 sqft $2,778 psf |
