Parktown Residence is a 99-year leasehold integrated development by UOL, CapitaLand and SingLand at Tampines North, District 18. One of the largest launches in Tampines with 1,193 units, it is integrated with commercial spaces near Tampines North MRT.
Parktown Residence at Tampines Street 62 is approximately 50 metres from Tampines North MRT on the Cross Island Line, with an integrated CapitaLand-managed commercial podium. St Hilda's Primary is within the 1km priority zone, and Our Tampines Hub, Tampines Mall, and IKEA are all accessible.
LLayout
Parktown Residence is a 1,193-unit integrated development by UOL, Singapore Land Group, and CapitaLand, offering comprehensive facilities and on-site retail including dining and childcare. The scale provides a self-contained community with everything residents need within the development.
PPremium
Parktown Residence offers integrated MRT development living in Tampines, one of Singapore's most self-sufficient regional centres. The combination of doorstep MRT, on-site mall, and three established developers provides a strong value proposition for families and investors.
HHorizon
Tampines Regional Centre continues to grow with the Cross Island Line, Changi Terminal 5, and Paya Lebar Airbase relocation providing major long-term catalysts. The deep HDB upgrader catchment in the Tampines area ensures sustained demand over the long term.
AAsymmetry
Integrated MRT developments in mature Singapore estates consistently command rental and resale premiums over standalone condominiums. Parktown Residence's positioning in Singapore's most populated regional centre, with doorstep MRT and on-site amenities, provides structural demand advantages.
Verdict
Integrated development 50m from Tampines North MRT with a CapitaLand-managed mall, in Singapore's deepest HDB upgrader catchment.
Parktown Residence is located at Tampines Street 62 in D18, Singapore. Tampines Street 62 is in the heart of the Tampines regional centre, with Our Tampines Hub, Tampines Mall, IKEA, and comprehensive daily amenities all accessible.
What is the nearest MRT station to Parktown Residence?
The nearest MRT station to Parktown Residence is Tampines North MRT on the Downtown Line, approximately 50 metres away. The Downtown Line provides direct connectivity to key destinations across Singapore including the CBD, Orchard, and major employment hubs.
Who is the developer of Parktown Residence?
Parktown Residence is developed by UOL Group Singapore Land Group CapitaLand Group, one of Singapore's largest developers, known for Jewel Changi Airport, Raffles City, and numerous award-winning residential developments.
Is Parktown Residence freehold or leasehold?
Parktown Residence is a 99-year leasehold development, the standard tenure for new condominiums built on Government Land Sale sites in Singapore. A fresh 99-year lease provides a full runway of long-term value for homeowners and investors.
What types of units are available at Parktown Residence?
Parktown Residence offers 1-bedroom to 5-bedroom configurations across 1193 residential units, designed to cater to different household sizes and lifestyle needs. Prospective buyers are encouraged to view the showflat and floor plans for the full range of available layouts.
What amenities and facilities are near Parktown Residence?
Residents of Parktown Residence enjoy convenient access to nearby amenities. Nearby highlights include Tampines Mall, Century Square, and Our Tampines Hub. With Tampines North MRT nearby, residents can easily reach destinations across Singapore. The development also features its own condominium facilities for recreation and wellness.
What is the price range for Parktown Residence?
Parktown Residence is priced From $2,542,000, $2,217 - $2,523 psf. Contact us for the latest pricing and available units.
Can I use CPF for Parktown Residence?
Yes, CPF Ordinary Account (OA) funds can be used for the downpayment and monthly mortgage of Parktown Residence, subject to CPF withdrawal limits and valuation rules.
How do I get the best price for Parktown Residence?
The best way is to do your homework before visiting the showflat. Compare the PSF against nearby projects, understand the unit mix, and know which stacks have better facing. I can walk you through all of this so you go in prepared.
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