Skip to content

Melville Park

Condominium · District 18 (Tampines / Pasir Ris) · Outside Central Region · 99-year lease (65 yrs left) · Updated Jun 2026

Melville Park is a 99-year lease (65 yrs left) condominium development in District 18 (Tampines / Pasir Ris). It has 243 recorded private transactions. Latest sale: $1,288,000 (Jun 2026, 121 sqm, floors 06-10). Median $900/sqft. Prices up 30.6% over the period. 65 years lease remaining.

Latest Sale
$1,288,000
Jun 2026 · 121 sqm
Median Price
$900/sqft
$918,888 typical unit
Transactions
243
$635–$1,080 psf
Price Trend
▲ 30.6%
~5.5% a year

Where Melville Park ranks in District 18

All 46 projects ›
Median psf
Top 100%
#46 / 46 Top 100%
Typical unit price
Top 96%
#44 / 46 Top 96%
Most recent sale
Top 72%
#33 / 46 Top 72%
Price growth
Top 49%
#21 / 43 Top 49%

Median psf over time

Estimate a unit at Melville Park

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.5%/yr
Lease decay −0.42%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

65 yrs
Remaining lease
0.42%
Annual decay (Bala's Table)
1992
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.42% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $895 122
06-10 $903 97
11-15 $909 24

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 06-10 Resale 121 sqm $1,288,000 $989
Jun 2026 01-05 Resale 87 sqm $918,000 $980
Jun 2026 01-05 Resale 89 sqm $890,000 $929
Jun 2026 01-05 Resale 125 sqm $1,290,000 $959
May 2026 01-05 Resale 93 sqm $968,000 $967
Apr 2026 06-10 Resale 89 sqm $981,000 $1,024
Apr 2026 01-05 Resale 108 sqm $1,115,000 $959
Apr 2026 01-05 Resale 121 sqm $1,250,000 $960
Apr 2026 01-05 Resale 92 sqm $967,700 $977
Apr 2026 06-10 Resale 89 sqm $935,000 $976
Mar 2026 06-10 Resale 87 sqm $895,000 $956
Mar 2026 01-05 Resale 112 sqm $1,200,000 $995
Mar 2026 01-05 Resale 125 sqm $1,300,000 $966
Feb 2026 01-05 Resale 137 sqm $1,500,000 $1,017
Feb 2026 01-05 Resale 101 sqm $978,000 $900
Jan 2026 06-10 Resale 135 sqm $1,500,000 $1,032
Jan 2026 06-10 Resale 92 sqm $927,000 $936
Jan 2026 06-10 Resale 145 sqm $1,480,000 $948
Jan 2026 01-05 Resale 87 sqm $900,000 $961
Jan 2026 01-05 Resale 137 sqm $1,435,000 $973
Jan 2026 06-10 Resale 87 sqm $888,000 $948
Dec 2025 11-15 Resale 135 sqm $1,480,000 $1,018
Dec 2025 01-05 Resale 125 sqm $1,280,000 $951
Dec 2025 06-10 Resale 97 sqm $965,000 $924
Nov 2025 01-05 Resale 89 sqm $920,000 $960
Showing 25 of 243 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Melville Park is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Melville Park, with their median resale psf. Useful for comparing what Melville Park costs per square foot against nearby developments.

More condos in District 18
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Melville Park

Melville Park is a 99-year leasehold condominium development in District 18 (Tampines / Pasir Ris), its lease commencing in 1992 and about 65 years remaining, so lease decay is a real factor in its pricing. Its $900 psf median sits about 28% below the District 18 median, cheaper than about 98% of projects there. It has a busy transaction history, with 243 sales between 2021-06 and 2026-06, ranging from $620,000 to $1,500,000. The most recent transaction was a 121 sqm unit (floors 06-10) at $1,288,000 in Jun 2026, and the median is $900 psf. Over the data window, prices here are up about 30.6% (about 5.5% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Melville Park cost?

The most recent transaction at Melville Park was $1,288,000 for a 121 sqm unit in 2026-06. The median price is $900 per square foot across 243 transactions, ranging from $620,000 to $1,500,000. Data sourced from URA.

Is Melville Park freehold or leasehold?

Melville Park is on a 99-year lease commencing in 1992, with approximately 65 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.42%.

What is the price per square foot (psf) at Melville Park?

The median price at Melville Park is $900 psf, with transactions ranging from $635 to $1,080 psf. This is based on 243 URA-recorded transactions in District 18.

Have prices at Melville Park gone up or down?

Prices at Melville Park have increased by approximately 30.6% over the data period (around 5.5% a year). The median price is currently $900 psf, with the most recent sale at $1,288,000 in 2026-06.