D19 - Hougang / Punggol / Sengkang
Key milestones for Parkwood Residences.
A landmark development that brings together an unbeatable location and trusted developer pedigree.
Parkwood Residences holds just 18 apartments in one five-storey block with an attic on a site of about 14,133 sqft at 208 Yio Chu Kang Road. At this scale there is no shared corridor culture, no long-term lift queue and effectively no competing stock inside the building — it behaves more like a private residence than a condominium.
Rosyth School, one of Singapore's better-known primary schools, sits about 709m from the address and inside the one-kilometre priority radius. XinMin Primary is roughly 943m and Zhonghua Primary around 980m, with Bowen Secondary about 464m and Serangoon Garden Secondary roughly 788m — a strong catchment for a building of 18 homes.
The development occupies the site of the former Toho Green, acquired through a collective sale. That is how a plot large enough for a low-rise block with a pool became available on Yio Chu Kang Road — freehold and leasehold sites of this size are rarely assembled on the main road otherwise.
The scheme is a five-storey block with an attic and a swimming pool — a genuine pool in a development of 18 homes, which is a level of provision that only works because the site is being shared among very few owners. The block is low-rise, so the building sits within the surrounding landed and low-density fabric.
FairPrice is about 469m away, with Prime Supermarket roughly 923m and a further supermarket around 728m. The address also sits within easy reach of the Serangoon Gardens and Chomp Chomp food neighbourhoods, which is one of the more established eating and market districts in the north-east.
Ronny Chin Architects designed the building, with unit types spanning two to five bedrooms. A small site with an attic level gives the practice scope to vary the layouts across the 18 homes rather than repeat a single plan, which is usually the compromise in a boutique development of this size.
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D19 - Hougang / Punggol / Sengkang
Parkwood Residences is a boutique development of 18 apartments in a single five-storey block with an attic, at 208 Yio Chu Kang Road. The site covers about 14,133 sqft, and the scheme includes a swimming pool — a level of private provision that only makes economic sense when a plot is shared among 18 owners rather than several hundred. Ronny Chin Architects designed the building, with unit types spanning two to five bedrooms.
The site has a history worth knowing: it was formerly Toho Green, acquired through a collective sale. That is how a plot large enough for a low-rise block with a pool became available on this stretch of Yio Chu Kang Road, where sites of that size rarely come to market otherwise. The building is deliberately low-rise, so it sits within the surrounding landed and low-density fabric rather than towering over it.
For a small development, the school catchment is unusually strong. Rosyth School — one of Singapore's better-known primary schools — is about 709m away and inside the one-kilometre priority radius, with XinMin Primary roughly 943m and Zhonghua Primary around 980m. For secondary education, Bowen Secondary is about 464m away, Serangoon Garden Secondary roughly 788m and Peicai Secondary around 1,015m.
Daily needs are covered locally rather than requiring a car. FairPrice is about 469m away, with a further supermarket roughly 728m and Prime Supermarket around 923m, and the Serangoon Gardens and Chomp Chomp eating districts are within easy reach. There is no MRT station within a kilometre — Serangoon on the North East and Circle lines is the practical rail option, reached by bus or a short drive. The development completed in 2023 and all 18 units have been sold, so the active market is resale.

Oxley Holdings Limited is a Singapore-listed property developer with a global portfolio spanning Asia, Europe, and North America. Founded in 2010, the group has rapidly grown to become one of Singapore's most active developers with projects such as Oxley Tower, The Rise @ Oxley, and Marina One Residences. Oxley is known for its entrepreneurial approach to development.
A closer look at the factors that make this development a compelling opportunity.
This is a low-density, car-and-bus address. No MRT station is within a kilometre, and the practical rail option is Serangoon — an interchange between the North East and Circle lines — reached by bus or a short drive. What the location offers instead is an established residential setting on Yio Chu Kang Road, surrounded by low-rise housing, with the Central Expressway and Tampines Expressway accessible for drivers. The Serangoon and Hougang town centres are both within a short drive, and the address sits between two established retail and food nodes rather than in a single catchment.
FairPrice is about 469m away, with a further supermarket roughly 728m and Prime Supermarket around 923m, so everyday groceries are genuinely walkable. The Serangoon Gardens and Chomp Chomp food and market districts are within easy reach — one of the more established eating neighbourhoods in the north-east — and Hougang Mall, Heartland Mall and the Hougang town centre are a short drive. The standout feature is the school catchment: Rosyth School is about 709m away and inside the one-kilometre priority radius, with XinMin Primary roughly 943m and Zhonghua Primary around 980m. Bowen Secondary is about 464m, Serangoon Garden Secondary roughly 788m and Peicai Secondary about 1,015m, with CHIJ Our Lady of Good Counsel, Holy Innocents' Primary, Hougang Primary and Montfort within 2km.
The rental story here is narrow but specific, and it depends on the school catchment more than on employment. Rosyth School inside the one-kilometre radius attracts families who want to be close for Primary 1 registration and the school years, and that is the tenant profile this building serves — people who want a quiet, small-scale home near a good school rather than proximity to an MRT station or a business district. Employer-driven demand is secondary, coming from the Hougang, Serangoon and Ang Mo Kio corridors, and it requires a car or bus. The structural constraint is the unit count: with 18 apartments, lettings are rare, comparables are almost non-existent, and a landlord has no in-building competition but also very little evidence to price against. Vacancies can take longer to fill in a building this small, and the largest layouts will have the narrowest tenant pool.
The immediate surroundings are mature and low-density, protected by the surrounding landed and small-development fabric along Yio Chu Kang Road, so the address itself is unlikely to change much. The larger forces are regional. The north-east continues to intensify, with the North East Line already established through Serangoon and Hougang, and the Cross Island Line adding a second rail spine through the area once complete — which will improve connectivity to the east and west without necessarily bringing a station to this part of Yio Chu Kang Road. Punggol Digital District is adding a substantial employment and education node to the north-east, and the Hougang and Serangoon town centres continue to be refreshed. Buyers should treat all of this as gradual, long-horizon support rather than a near-term catalyst, and should not underwrite today's price on rail access that has not been built.
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Everything you need to know about Parkwood Residences.
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| Tenure | 999 Years Leasehold from 1 September | Freehold | 99 years from 25 Jul 2024 | 99 Years | 99 Years | 99 years from 19 September 2022 | Freehold |
| TOP | TBC | Dec 2024 | Q4 2027 | Q2 2028 | TOP Obtained | Q2 2027 | Dec 2028 |
| 1 BR | 1 Bedroom $1,383,000 - $1,488,000 624 sqft $2,216 - $2,385 psf 1 Bedroom+Study $1,633,000 - $1,698,000 721 sqft $2,265 - $2,355 psf | 1 Bedroom + Study $1,467,000 - $1,580,000 517 sqft $2,838 - $3,056 psf | Restaurant $2,413,000 - $3,716,000 614 - 1,055 sqft $3,522 - $4,116 psf Shop $3,856,000 1,130 sqft $3,412 psf | 1 Bedroom $1,288,000 - $1,438,000 538 sqft $2,394 - $2,673 psf | |||
| 2 BR | 2 Bedroom+2 Study $2,718,800 1,238 sqft $2,196 psf | 2 Bedroom + Study $2,021,600 - $2,024,900 732 - 883 sqft $2,721 - $2,725 psf | 2 Bedroom $1,800,000 - $1,830,000 700 - 732 sqft $2,459 - $2,586 psf | 2 Bedroom $1,945,000 - $1,952,000 667 - 678 sqft $2,869 - $2,879 psf 2 Bedroom + Study $1,978,000 - $2,182,000 764 sqft $2,589 - $2,856 psf | |||
| 3 BR | 3 Bedroom $2,004,112 - $2,176,000 1,012 - 1,033 sqft $1,980 - $2,150 psf | $2,627,631 - $2,645,946 1,119 sqft $2,348 - $2,365 psf 3 Bedroom $3,234,900 - $3,312,300 915 - 1,507 sqft $2,682 - $2,732 psf | 3 Bedroom Dual-Key $3,024,000 - $3,101,000 1,130 sqft $2,676 - $2,744 psf | 3 Bedroom $2,279,000 - $2,355,000 915 - 958 sqft $2,435 - $2,516 psf | 3 Bedroom Premium $2,767,000 - $3,275,000 1,087 - 1,195 sqft $2,546 - $2,741 psf 3 Bedroom Premium + Study $3,254,000 - $3,521,000 1,281 - 1,496 sqft $2,540 - $2,749 psf | ||
| 4 BR | 4 Bedroom $2,548,000 - $2,740,000 1,238 - 1,335 sqft $2,034 - $2,058 psf | 4 Bedroom $4,252,800 2,153 sqft $1,975 psf 4 Bedroom+Study $4,088,800 - $4,108,800 1,991 sqft $2,054 - $2,064 psf | PentHouse $7,163,000 - $7,587,000 2,433 - 2,583 sqft $2,937 - $2,944 psf |