Parktown Residence
Tampines North, D18 · UOL Group, Singapore Land Group and CapitaLand Development (Topaz Residential / Topaz Commercial)
Overall score 7.8 out of 10. Best-connected family buy in Tampines, but only big units are left. Parktown has what most suburban condos lack: a mall, hawker centre and bus interchange downstairs and a link to a future MRT station. At about 98% sold, resale demand looks well supported. What is left are 4- and 5-bedroom units from $3.32M, priced about half again above nearby resale condos per sq ft, so it suits families who will stay long rather than short-term investors.
This file includes an HDB upgrader affordability calculator, a break-even resale price calculator and a comparison with other launches in the same region.
Key facts
- Sales so far: About 1,168 to 1,176 of 1,193 (98%) in Nov 2026; sources differ: 17 left on 5 Nov 2026 (PropertyNet), 25 left (Listings.sg)
- Price: $2,360 psf average on the launch weekend (1,041 of 1,193 sold from 22 Feb 2025, developers); units left average about $2,346 psf (PropertyNet, 5 Nov 2026)
- Land cost: $885 psf of buildable floor area (about $1.21B, 2023 tender; 13.9% above the second bid)
- Completion: Vacant possession by 30 Jun 2030 (developer); legal completion 30 Jun 2033
- Lease: 99 years from 9 Oct 2023
- MRT: Sheltered link to Tampines North MRT on the Cross Island Line, expected to open around 2030; not open yet
- Food and shops: Tampines North Hawker Centre, a mall, community club and bus interchange in the same development (open at completion)
- Primary schools: Angsana Primary about 380 m (straight line, OneMap); Meridian Primary and Poi Ching School near the 1 km line
Scores
- Location: 7/10. Suburbs (5) + mall and hawker centre on site (+1) + primary school within 1 km (+1)
- Entry price: 6/10. Units left average about $2,346 psf, about 52% above the middle price of the five nearest 99-year resale condos ($1,545 psf, 2026 average) and about 34% above the newest of them, The Tapestry ($1,750)
- Exit plan: 8/10. Start 5; +1 over 60% sold; +1 big project with a wide unit mix; +1 MRT within 500 m (Tampines North, opens about 2030); +1 primary school within 1 km; -1 nearby supply (Pinery Residences and Rivelle Tampines EC launched in 2026)
- Nearby food: 9/10. Hawker centre and mall in the development, open at completion
- MRT closeness: 9/10. Sheltered link to Tampines North MRT, but the station is not open yet (Cross Island Line, about 2030)
Pros
- About 98% sold
- Mall, hawker centre, community club and bus interchange in the same development
- Linked to the future Tampines North MRT (Cross Island Line)
- Angsana Primary about 300 m
- Units left are priced close to the launch average (about $2,346 psf)
Cons
- Only 4- and 5-bedroom units left, from $3.322M
- The MRT station is not open yet; Cross Island Line timing can slip
- Keys around mid-2030
- About 52% above the middle price of nearby 99-year resale condos
- 1,193 homes plus Pinery Residences and Rivelle Tampines EC nearby will compete at resale
Sources: PropertyNet · Listings.sg now selling · Stacked Homes: The Tapestry · Stacked Homes: The Alps Residences · Stacked Homes: The Santorini · Stacked Homes: Q Bay Residences · Stacked Homes: Treasure at Tampines · UOL: 87% sold at launch · OneMap (SLA), MOE, NEA and LTA data via data.gov.sg