Parktown Residence is Tampines' first CRL-integrated condo at $2,200-$2,400 PSF, the highest PSF District 18 has ever tested. 1,193 units, 12 blocks, UOL + CapitaLand + SingLand JV. 113 transactions in the past 12 months: 3BR median $2.71M, 84% of buyers picked 3BR or larger. QPE 7/10 (Quality 4/4, Exit 3/4, Price 0/2). Quality wins, exit pool is large, but the price pillar asks you to bet on the CRL transforming Tampines North.
Price Check — How Does It Compare?
Comparison
Parktown Residence
$2.578M (3BR Premium + Study, 1,163 sqft, low floor)
Competition
$1.90M (3BR)
Pinery Residences 3BR (Tampines, Downtown Line, same district, same launch window)
The biggest bet in Tampines
The Parktown Residence condo is the largest integrated development to launch in Tampines. 1,193 residential units across 12 blocks, sitting above a commercial podium, connected to the future Tampines North MRT station on the Cross Island Line.
The developer track record is serious. UOL Group, CapitaLand Development, and Singapore Land. Three of Singapore's most established developers in a joint venture. They secured the Tampines Avenue 11 GLS site for approximately $1.206 billion, translating to about $885 PSF per plot ratio. That land cost alone tells you the pricing was never going to be cheap.
And it was not. Parktown Residence launched in February 2025 with most units transacting between $2,200 and $2,400 PSF. The highest 5BR transaction in the past 12 months hit $3.993M for a 1,679 sqft unit on level 12. Numbers Tampines has never seen.
What you are paying for: bigger common rooms than any new launch in Tampines, a 1,467 sqm facilities deck with two gyms and four function rooms, tiered finishes that scale with unit size (marble, ducted AC, steam oven on the 5BR), and a 13,600 sqm retail podium with a supermarket, F&B, and a 40-stall hawker centre. A proper integrated mall, not a strip of token shops.
What you trade for it: the highest PSF Tampines has ever tested, plus a long hold. TOP is June 2030. With the four-year SSD on top, your earliest clean exit is around 2034. Parktown rewards owner-occupiers who want to live in a finished product for 8-10 years. Small-unit investors face thinner resale demand than they would in CCR/RCR. Tampines is a family upgrader market, not an investor market.
Artist's impression.
How we review: the QPE framework

Every review on this site runs through our QPE framework. Quality, Price, Exit.
Quality covers developer track record, land size, layouts, MRT access, views, and facilities. Price examines total price (not psf) and how it compares against what the market has tested. Is there a price gap, or are you paying above where the market has cleared? Exit asks who buys from you when it is time to sell, what the demand pool looks like, and what competing supply exists at resale.
All three need to check out. If one fails, you need to know which one, and why.
What you are buying into
Parktown Residence sits on Tampines Avenue 11 in what URA has planned as the Tampines North precinct. Not the mature Tampines of Century Square and Tampines Mall, but a newer planning area north of the TPE.
| Detail | Parktown Residence |
|---|---|
| Developer | UOL + CapitaLand + SingLand |
| Tenure | 99-year leasehold |
| Total Units | 1,193 |
| Blocks | 12 |
| TOP | June 2030 |
| MRT | Tampines North MRT (Cross Island Line) — integrated |
| Land Cost | ~$885 PSF per plot ratio |
| Commercial | Retail + F&B podium |
The Cross Island Line is the centrepiece of what you are paying for at Parktown. Tampines North MRT is expected to be operational in line with TOP. You move in to a working integrated condo from day one.
Parktown Residence price breakdown
Parktown Residence launched at the highest PSF ever recorded in District 18 for a new development. Here is what 113 buyers in the past 12 months actually paid:
| Bedroom | Sqft Range | Median Price | Price Range | Median PSF | PSF Range | Transactions |
|---|---|---|---|---|---|---|
| 1BR + Study | 506 | $1.256M | $1.225M – $1.268M | $2,483 | $2,421 – $2,506 | 7 |
| 2BR | 592–764 | $1.729M | $1.402M – $1.936M | $2,519 | $2,368 – $2,556 | 7 |
| 3BR | 947–1,184 | $2.71M | $2.224M – $2.903M | $2,340 | $2,218 – $2,558 | 65 |
| 4BR | 1,335–1,496 | $3.22M | $2.879M – $3.570M | $2,298 | $2,157 – $2,400 | 30 |
| 5BR | 1,679 | $3.91M | $3.781M – $3.993M | $2,326 | $2,252 – $2,378 | 4 |
Source: URA, last 12 months (113 transactions, all new sale).
The 3-bedroom is the workhorse at 58% of all transactions. 65 of 113 buyers picked a 3BR. Within that, the 1,163 sqft layout (3BR Premium + Study, type CPS1) is the single most-transacted unit type here. The 4-bedroom comes second at 30 transactions, led by the 1,496 sqft 4BR Premium DP2.
Family configurations carry this project. 95 of 113 transactions (84%) are 3BR or larger. The 1BR and 2BR pool is shallow at 14 transactions combined, which tells you upfront who Parktown's natural buyer is. The market priced Parktown for family upgraders, not for compact-unit investors.
Floor premium runs $100K end-to-end. For the 1,163 sqft 3BR Premium + Study, low floor (level 02-05) transacts at $2,218-$2,274 PSF, while high floor (level 11-13) hits $2,354-$2,365 PSF. Roughly $100K-$130K more in price across the same stack. If you are optimising ROI, lower floors offer better value entry.
PSF firmed through year one of sales. Compact 1,066 sqft 3BR units hit $2,455-$2,523 PSF through late 2025 and into early 2026. The 1,496 sqft 4BR Premium has transacted from $2,176 PSF (low floor) up to $2,386 PSF (level 10). High-floor stacks moved at March 2026 prices that match the launch-month range, with no softening.
Pinery Residences offers a 3BR at $1.90M on the Downtown Line. Parktown's 3BR compact at $2.224M (947 sqft, the smallest 3BR layout) is roughly $300K more for a comparable configuration. The extra cost buys you the Cross Island Line, a 1,193-unit integrated condo with a 13,600 sqm retail podium, and the bet that the CRL transforms Tampines North. Whether that premium is worth it depends on your view of what the CRL does to Tampines North.
Parktown Residence quality: where this condo wins
Parktown Residence scores a full 4 out of 4 on our Quality pillar.
Developer track record
UOL Group, CapitaLand Development, and Singapore Land in a three-way JV. UOL delivered Watertown at Punggol (integrated with Waterway Point). CapitaLand has One Pearl Bank and One Holland Village on its integrated track record. SingLand brings Delfi Orchard heritage. Shared reputation riding on the outcome.
Finishes that scale with the unit
Parktown Residence uses a tiered finish system. Three tiers, mapped to unit type.
| Tier | Unit Types | Flooring | Kitchen | Appliances |
|---|---|---|---|---|
| Tier 1 | 1BR to 3BR | Matt tile (L/D), vinyl (bedrooms) | Quartz countertop, 325L fridge | Washer-cum-dryer |
| Tier 2 | 3BR Prem+, 4BR | Polished tile (L/D), timber (bedrooms) | Quartz countertop, 617L fridge | Standalone washer + dryer, wine chiller |
| Tier 3 | 5BR Premium | Polished marble 900mm (L/D), premium timber (bedrooms) | Quartz countertop, 617L fridge, steam oven | Standalone washer + dryer, wine chiller, ducted AC |
The Tier 1-to-2 jump is meaningful: timber instead of vinyl, 617L fridge instead of 325L, standalone washer and dryer. The 4BR and 4BR Premium units get 2.9m ceiling height in the living and dining areas, stepping down to 2.79m in bedrooms.
Facilities: 1,467 sqm of deck
The facilities deck spans 1,467 sqm.
| Facility | Size |
|---|---|
| Gym 1 | 90 sqm |
| Gym 2 | 120 sqm |
| Function Room 1 & 2 | 40 sqm |
| Function Room 3 & 4 | 39 sqm |
| Kids Function Room 1 & 2 | 40 sqm |
| KTV Room 1 | 13 sqm |
| KTV Room 2 | 17 sqm |
Two gyms totalling 210 sqm mean no 7pm treadmill queue. Four function rooms plus two kids function rooms avoid the single-booking bottleneck. KTV rooms are rare. Most new launches skip them.
What 13,600 sqm of retail means for daily life
13,600 sqm of commercial and retail space sitting below the towers: 100-120 shops, supermarket, F&B, 40 hawker stalls, and a commercial school. 40 hawker stalls is a proper hawker centre integrated into a private condo, not a food court. Daily errands happen on site, the integrated promise that Pasir Ris 8 and Watertown delivered on, scaled up.
Parktown Residence floor plans: unit-by-unit breakdown
Room sizes below are taken directly from the floor plans and stated in sqm.
Full unit mix:
| Type | Size (sqft) | Variants | Key Layouts |
|---|---|---|---|
| 1BR + Study | 463-506 | AS1-AS4 | Compact efficiency unit |
| 2BR | 592 | B1-B3 | Standard 2-bedder |
| 2BR Premium | 678-721 | BP1-BP5 | Upgraded finishes |
| 2BR Premium + Study | 764 | BPS1-BPS2 | Convertible study nook |
| 3BR | 926-947 | C1-C5 | Family workhorse |
| 3BR Premium | 1055-1076 | CP1-CP8 | Tier 2 finishes, bigger kitchen |
| 3BR Premium + Study | 1163-1184 | CPS1-CPS5 | Convertible study, strongest 3BR |
| 4BR | 1335-1356 | D1-D4 | All common rooms 9.2 sqm |
| 4BR Premium | 1485-1496 | DP1-DP2 | 2.9m ceiling, 48+ sqm living |
| 5BR Premium | 1679 | E1 | Tier 3 marble, ducted AC, steam oven |
Parktown Residence 3-bedroom (Type C1, 926 sqft)
Source: floor plan
Room sizes: Master bedroom 13.9 sqm (generous, fits king bed with side tables and wardrobe), Bedroom 2 at 8.9 sqm (queen bed with wardrobe, no desk), Bedroom 3 at 8.7 sqm (similar). Living and dining combined at 27.1 sqm (passable for a 3-bedder). Balcony 4.5 sqm.
Entry-level family configuration. Common rooms at 8.7-8.9 sqm. Queen fits with a wardrobe, no study-desk space. Master at 13.9 sqm is generous for this size (most 926 sqft 3-bedders deliver 11-12 sqm masters). Ceiling 2.79m throughout.
Parktown Residence 3-bedroom Premium (Type CP1, 1,066 sqft)
Source: floor plan
Room sizes: Master bedroom 13.8 sqm (generous), Bedroom 2 at 8.7 sqm (passable), Bedroom 3 at 8.7 sqm (passable). Living and dining at 31.9 sqm (livable). Balcony 4.6 sqm. Separate utility yard.
The 3BR Premium adds 140 sqft over the standard 3BR. Most of it goes to living and dining (27.1 to 31.9 sqm). Tier 2 upgrade: polished tile, timber bedroom flooring, 617L fridge, standalone washer and dryer. Common rooms stay at 8.7 sqm. The premium label buys communal space and finishes, not bigger bedrooms.
Parktown Residence 3-bedroom Premium + Study (Type CPS1, 1,163 sqft)
Source: floor plan
Room sizes: Master bedroom 13.9 sqm (generous), Bedroom 2 approximately 9 sqm (livable), Bedroom 3 approximately 9 sqm (livable). Study 5.3 sqm. Living and dining 34.6 sqm (generous). Balcony 4.6 sqm.
The strongest 3-bedroom configuration at Parktown Residence. Common rooms finally cross the 9 sqm HDB-livable threshold. Study at 5.3 sqm works as home office or helper's room (tight but viable). The floor plan flags potential to convert the study as part of the master suite. Knock-through creates a 19+ sqm master with walk-in potential. Living/dining at 34.6 sqm hosts a family of four with room to spare.
Parktown Residence 4-bedroom (Type D1, 1,335 sqft)
Source: floor plan
Room sizes: Master bedroom 15.6 sqm (generous), Bedroom 2 at 9.2 sqm (livable), Bedroom 3 at 9.2 sqm (livable), Bedroom 4 at 9.2 sqm (livable). Living and dining 41.5 sqm (generous). Ceiling height 2.9m in living/dining, 2.79m in bedrooms.
Every common bedroom at 9.2 sqm. All livable, all fit a queen with walking space. The typical 4BR in a new launch delivers one livable common room, one passable, one that barely fits a single bed. Parktown clears 9 sqm on all three. Master at 15.6 sqm, living/dining at 41.5 sqm with 2.9m ceiling. Tier 2 finishes with wine chiller.
Parktown Residence 4-bedroom Premium (Type DP2, 1,496 sqft)
Source: floor plan
Room sizes: Living and dining 48.8 sqm (exceptional). Master bedroom with junior master arrangement. Ceiling height 2.9m in living/dining. Full Tier 2 finishes with wine chiller.
Show unit configuration. 48.8 sqm living/dining at 2.9m ceiling hosts eight without rearranging. Junior master arrangement (secondary ensuite) works for multi-gen households where grandparents or older children want their own bathroom.
Parktown Residence 5-bedroom Premium (Type E1, 1,679 sqft)
Source: floor plan
Room sizes: Five bedrooms with generous proportions across the board. Living and dining exceeds 50 sqm. Ceiling height 2.9m in living/dining.
The flagship. Tier 3: polished marble flooring (900mm x 900mm) in living/dining, thicker premium timber in bedrooms, ducted AC in the living hall, steam oven alongside the standard oven. 4 transactions in the past year between $3.781M and $3.993M (median $3.91M). Penthouse-adjacent in a mass-market condo. Narrow but specific buyer pool: large families wanting landed-level space without landed maintenance.
The Tampines micro-market
Tampines is not one market. It is three distinct micro-markets.
1. Mature Tampines (South/West). The emotional heartland. Tampines Mall, Century Square, the hawker centres, the wet markets. Pinery Residences sits at the edge of this area, connected to Tampines West MRT on the Downtown Line. Buyers here grew up in the area and want to stay close. Strong nostalgic pull.
2. Tampines Central. CityLife @ Tampines Central and The Trilliant lead this area. Privatised ECs, 10-11 years old. CityLife recently transacted a 3BR at $2.0 million for 1,130 sqft. These are the benchmark resale transactions for the area. See our Tampines 3-bedder area comparison.
3. Tampines North. The new frontier. Parktown Residence is the main launch in the area. The Tampines Ave 10 stretch will eventually include more residential and commercial developments as URA's master plan unfolds. But right now, it is less developed than the mature Tampines areas. The Cross Island Line is what changes this.
These are different buyer pools with different motivations. The Parktown buyer is shopping a brand-new, CRL-integrated, 1,193-unit launch on the bet that the CRL transforms Tampines North. A different product category from a 10-year-old resale unit in Tampines Central.
Parktown Residence price: the premium you are paying
Parktown Residence scores 0 out of 2 on our Price pillar. The price is the highest Tampines has ever tested, and there is no resale precedent at this level.
What the integrated premium costs
| Development | District | PSF Range | 3BR Entry | MRT Line | Status |
|---|---|---|---|---|---|
| Parktown Residence | D18 | $2,200-$2,400 | $2.224M (947 sqft) | Cross Island Line | Selling |
| Pasir Ris 8 | D18 | $1,400-$1,700 | ~$1.5M | East-West Line | TOP'd |
| Lentor Modern | D26 | $1,800-$2,100 | ~$1.9M | Thomson-East Coast | TOP'd |
| Piccadilly Grand | D8 | $2,000-$2,300 | ~$2.0M | North-East Line | Selling |
Parktown sits at the top of the integrated-launch range, roughly $300-$500 PSF above the next-closest. The $650K gap to Pasir Ris 8 (same district, both integrated) reflects vintage (PR8 launched 2021) and the Tampines North upside built into the launch price.
Where buyers are concentrated
3BR is the workhorse. 65 of 113 transactions in the past year (58%). Median 3BR price $2.71M. The smallest 3BR (947 sqft, type C-series) cleared at $2.224M, the lowest 3BR entry buyers have found at Parktown. The most-transacted 3BR is the 1,163 sqft Premium + Study at $2.6M-$2.79M. Family upgraders carrying CPF and a 5-room HDB sale ($800K-$900K) settle into this band comfortably.
The compact 1,066 sqft 3BR at $2,455-$2,523 PSF is the highest PSF any Tampines buyer has paid. Pinery Residences offers a 3BR at $1.90M in the same district on the Downtown Line. $300K-$500K less for the non-integrated, non-CRL version.
Floor premium and value entry
If you are focused on minimising entry cost, the data from 25+ transactions on the 3BR Premium + Study (1,163 sqft, type CPS1) shows a clear floor premium pattern.
| Floor Range | 3BR Premium + Study (1,163 sqft) PSF | Approx. Price | Premium vs Lowest Floor |
|---|---|---|---|
| Low (level 02-05) | $2,218–$2,263 | $2.578M–$2.631M | — |
| Mid (level 06-09) | $2,274–$2,308 | $2.644M–$2.683M | ~$65K–$105K |
| High (level 10-13) | $2,331–$2,365 | $2.710M–$2.749M | ~$130K–$170K |
A $170K floor premium between the lowest and highest stacks of the same 3BR Premium + Study layout. ROI-focused buyers take lower floors. Integrated-condo exit buyers care more about MRT and podium than elevation.
Downside risk assessment
Entry price. $2.578M (3BR Premium + Study, 1,163 sqft, level 2 at $2,218 PSF). The floor of the most actively traded configuration.
Benchmark. Pinery Residences, same district, same launch window, comparable 3BR, transacted at $1.90M. Parktown's $2.578M entry sits 36% above Pinery on quantum. Both are new launches; the gap is what you pay for the Cross Island Line, the integrated podium, and the 1,193-unit scale.
Internal gap. Highest tested Parktown 3BR at $2.903M (1,173 sqft, $2,474 PSF, level 11, November 2025). Low-floor entry sits 11% below the internal ceiling, suggesting the range still has room as inventory thins.
The rating: Low
Why Low?
Parktown Residence is testing the ceiling for Tampines. No condo in D18 has ever sustained $2,200+ PSF across this many units. The CRL integration is genuinely different from anything Tampines has had before. But Tampines North as a precinct is still developing, and there is no resale benchmark yet at this PSF.
In its favour:
- Developer track record (UOL + CapitaLand + SingLand)
- Cross Island Line integration, a future network effect
- Massive upgrader pool from Tampines HDB estates
- No competing integrated condo on the CRL in Tampines
- 84% of buyers picked 3BR or larger. Developers priced for the family upgrader market
To watch:
- Negative price gap against existing D18 benchmarks
- Tampines North is not yet a proven precinct
- Resale pricing at $2,200+ PSF has no precedent in Tampines
- Pinery Residences offers comparable configurations in the same district at $200K-$500K less
Parktown Residence exit strategy: who buys from you
Parktown Residence scores 3 out of 4 on our Exit pillar. 12,500+ HDB units within 2km reach MOP between 2024 and 2030, the deepest buyer pool in District 18. But the CRL timing and the lack of a resale benchmark at this PSF prevent a perfect score.
Nearby HDB: 13,000+ units
The Tampines North and surrounding BTO estates form one of the largest pools of upgraders coming through to any single condo in the east.
| HDB Estate | Lease Start | Est. MOP | Units |
|---|---|---|---|
| Tampines GreenRidges | 2020 | 2024 | 1,496 |
| Tampines GreenView | 2020 | 2024/2025 | 714 |
| Tampines GreenWeave | 2020 | 2024/2025 | 1,216 |
| Tampines GreenVerge | 2021 | 2026 | 2,022 |
| Tampines GreenDew | 2021 | 2026 | 726 |
| Tampines Greenfoliage | 2021 | 2026 | 542 |
| Tampines GreenVines | 2022 | 2027 | 1,271 |
| Tampines GreenCourt | 2022/2023 | 2027/2028 | 2,192 |
| Tampines GreenGlen | 2024 | 2029 | 649 |
| Tampines GreenCrest | 2024 | 2029 | 346 |
| Tampines GreenGlade | 2024 | 2029 | 354 |
| Costa Grove | 2025 | 2030 | 1,070 |
Over 12,500 HDB units reaching MOP between 2024-2030, most before Parktown hits year five. Tampines GreenView and GreenWeave 4-room flats average $758K ($810K highest), 5-rooms average $894K ($935K highest). Enough down-payment fuel toward a $2.22M-$2.90M 3BR.
The Triangle of Growth
Three employment nodes surround Parktown Residence.
- Punggol Digital District (north). JTC tech hub, SIT campus, growing tech cluster.
- Paya Lebar Airbase redevelopment (west). 800-hectare site, masterplan underway, 2030s timeline.
- Changi Business Park and Terminal 5 (east). Semiconductor, finance, aviation. CRL connects direct via Tampines North.
None are fully operational at the time of purchase, but all three generate rental and resale demand across the hold period.
Schools within reach
Primary schools within 1km of Parktown Residence (subject to MOE confirmation):
- Angsana Primary School
- Elias Park Primary School
- Poi Ching School
Primary schools 1-2km: Casuarina, Gongshang, Junyuan, Park View, St. Hilda's, Tampines North, Tampines Primary. Comprehensive coverage. Balloting pressure low, resale liquidity holds.
Competition at exit
When Parktown Residence hits the resale market around 2034-2038 (after the 4-year SSD period), what does the competition look like?
Direct competitors:
- Pinery Residences. Will also be on the resale market by then, connected to Tampines West MRT (Downtown Line). Likely priced lower. Buyers comparing resale-to-resale will cross-shop these two.
- Treasure at Tampines. 2,203 units, TOP'd 2023. By 2034, Treasure will be 11 years old. Massive supply but different product (no integrated MRT, older finishes).
- Future Tampines North developments. URA's masterplan shows four additional residential plots in the Tampines North precinct. These could launch while Parktown Residence is still within SSD. More supply means more competition, but also signals government commitment to developing the area.
By resale, no other integrated condo in Tampines connects directly to the CRL. The line has been running since TOP. Buyers purchase a proven integrated condo, not a promise. That is what makes Parktown different at exit. Tampines GreenCourt (2,192 units, MOP 2027-2028) and Costa Grove (1,070 units, MOP 2030) keep upgraders coming through Parktown's resale window.
Rental demand from day one
TOP and CRL opening align in June 2030. No "dormant" window post-TOP. Rental pool: podium staff (100-120 shops plus 40 hawker stalls), Triangle of Growth employees wanting CRL access, and families targeting the three schools within 1km.
Reasons it might not be for you
1. Most expensive launch in Tampines history. $2,200-$2,400 PSF is the highest the district has ever seen. There is no resale precedent at this level. Exit at a higher number depends entirely on Tampines North developing as planned and pushing prices higher, not on existing comparable transactions supporting the entry.
2. Long hold required. TOP is June 2030. Add the four-year SSD and your earliest clean exit lands in 2034. Nine years from launch. If you need flexibility on timeline, this is not the project. Owner-occupiers planning to live in for 8-10 years are who Parktown rewards.
3. Exit success depends on unit selection. Not every unit type performs equally at resale. Larger family units (3BR Premium + Study, 4BR) face a deep upgrader buyer pool. Smaller units (1BR, 2BR) face a thinner pool. Tampines is family-heavy, not investor-heavy. Capital appreciation is plausible across the board, but exit speed favours bigger units.
4. Pinery Residences is right there. Pinery Residences launches in the same district, in the mature Tampines area served by the Downtown Line, at $200K-$500K less per comparable unit type. Buyers comparing the two on price alone will lean Pinery. Parktown Residence needs the integrated format and Tampines North upside to justify the premium. We mapped the full head-to-head, layouts, MRT lines, finish tiers, exit profiles, in our Pinery vs Parktown comparison.
5. Tampines North is not mature Tampines. The hawker centres, wet markets, and nostalgic pull of Tampines South and Central do not extend to Tampines North. Buyers who want the "Tampines" lifestyle may find Tampines North feels different from what they expected, although the 40-stall hawker centre in the commercial podium goes some way to closing that gap.
Best Parktown Residence units by buyer profile
Solo or couple, no kids: 1BR + Study (506 sqft) from $1.225M or 2BR (592 sqft) from $1.402M. Integrated podium and MRT-at-door profile carries rental exit.
Couple planning ahead: 2BR Premium + Study (764 sqft) at $1.94M (one transaction at this size). Study converts to nursery. Tier 1 finishes keep entry cost down.
Young family with one child: 3BR Premium + Study (1,163-1,184 sqft) from $2.578M (low floor). Common rooms cross 9 sqm. Tier 2 finishes. The strongest family configuration here.
Established family with 2-3 kids: 4BR (1,335-1,356 sqft) from $2.879M (low floor) up to $3.253M (high floor). 17 recent transactions. Every common bedroom at 9.2 sqm. Every child gets a proper room. Living/dining at 41.5 sqm with 2.9m ceiling. Wine chiller included.
Multi-gen or large family: 4BR Premium (1,485-1,496 sqft) from $3.256M or 5BR Premium (1,679 sqft) at $3.781M-$3.993M. DP2's junior master arrangement works for grandparents. 5BR gets Tier 3 marble, ducted AC, steam oven.
Investors, small units, watch the exit: 2BR (592 sqft) from $1.402M and 1BR + Study (506 sqft) from $1.225M. The CRL-integrated address rents well from day one (podium workers, Triangle of Growth employees, couples wanting one-lift-down MRT access). Capital appreciation from $2,200 PSF entry is plausible if Tampines North develops as planned. The catch is exit: Tampines is a family upgrader market, not an investor market. The resale buyer pool for 1BR-2BR is thinner here than in CCR/RCR. Smaller units profit on paper but take longer to sell when you want out.
Not the strongest pick: Standard 3BR (926-947 sqft) at $2.22M. Common rooms at 8.7-8.9 sqm are passable but not livable by our standards (only 2 of 113 transactions chose this layout). If you can stretch to the 3BR Premium + Study at $2.58M, do it. If you cannot, Pinery Residences offers a similar 3BR at $300K less.
Parktown Residence QPE score: 7 out of 10
| Pillar | Score | Assessment |
|---|---|---|
| Quality | 4/4 | Spacious layouts: 4BR common rooms all at 9.2 sqm, 3BR Premium + Study common rooms cross 9 sqm. Bigger than any current Tampines launch. Better facilities: 1,467 sqm deck with dual gyms (210 sqm total), four function rooms, two KTV rooms. Higher quality finishes: tiered system that scales with unit size. Tier 3 brings polished marble, ducted AC, steam oven on the 5BR. Better mall: 13,600 sqm commercial podium with supermarket, F&B, 100-120 shops, and a 40-stall hawker centre. Direct CRL integration, lift down to Tampines North MRT. Established JV (UOL + CapitaLand + SingLand). |
| Exit | 3/4 | 12,500+ HDB units reaching MOP 2024-2030, with 113 transactions in 12 months at 84% 3BR-or-larger. The upgraders coming through show up in the data. Three primary schools within 1km. Triangle of Growth employment nodes. Only CRL-integrated condo in Tampines. Loses a point. Tampines North still unproven at mature-resale scale, and small-unit (1BR/2BR) exit demand is thinner here than CCR/RCR. |
| Price | 0/2 | Most expensive launch in Tampines history at $2,200-$2,400 PSF. No resale benchmark yet at this PSF. Pinery offers comparable layouts in the same district at $300K-$500K less. Long hold required, TOP 2030, earliest clean exit ~2034. |
Total: 7/10. Spacious layouts, deeper facilities, premium finishes, and the only mall integrated into a Tampines launch, at a price Tampines has never tested. Best fit for own-stay buyers with an 8-10 year horizon. Smaller-unit investors face a thinner exit pool and should size accordingly.
Should you buy Parktown Residence
The first integrated condo in Tampines on the CRL. Highest PSF in D18 history for a product that did not previously exist in the area.
This is an own-stay buyer's project. The bigger common rooms, the dual-gym facilities deck, the marble-finished 5BR, the 40-stall hawker centre downstairs. All of it pays off in daily life from the day you collect keys in 2030. Hold for 8-10 years and you get to enjoy the product Tampines has never had before, while the CRL opens and the area builds out.
Investor math is harder. The 1BR and 2BR will rent well from TOP. The CRL station opens in line with handover, the podium creates jobs, and the Triangle of Growth (Punggol Digital District, Paya Lebar Airbase redevelopment, Changi Business Park) surrounds the condo. Capital appreciation is plausible if Tampines North develops as planned. But Tampines is family-heavy, not investor-heavy. The exit pool for small units is thinner than what you would find in CCR or RCR. Smaller units profit on paper, but take longer to sell when you want out.
Downside risk Low. The 12,500+ HDB units reaching MOP, the developer track record, and the absence of competing CRL-integrated condos in Tampines protect the downside. There is no resale benchmark yet at this PSF, so you need a 10-year horizon and you need to believe Tampines North develops as planned.
If the CRL does for Tampines North what the TEL did for Lentor, buyers here look smart in hindsight. If it lags, the premium becomes harder to justify at exit.
If you are on the fence against Pinery Residences: $250K for a comparable 3BR buys you the integrated format, the larger site, and the bet on what the CRL does to Tampines North. Pinery sits in mature Tampines on the Downtown Line. A different micro-market with a different commute. Neither wrong, different lifestyles.
Data sources: URA REALIS transaction data for Parktown Residence and comparable developments in District 18. GLS tender results from URA. CityLife @ Tampines Central transactions from our Tampines 3-bedder area comparison. Pinery Residences pricing from our Pinery Residences review.
Published by MJ Review Homes (reviewhomes.sg) | PropNex Realty Pte Ltd | Shaik Amar R058640H | Myra Jalil R058979B | +65 9690 5440 | +65 9738 3705
Parktown Residence — QPE Score
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