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Parc Central Residences

Executive Condo · District 18 (Tampines / Pasir Ris) · Outside Central Region · 99-year lease (92 yrs left) · Updated Jul 2024

Parc Central Residences is a 99-year lease (92 yrs left) executive condo development in District 18 (Tampines / Pasir Ris). It has 130 recorded private transactions. Latest sale: $1,448,000 (Jul 2024, 87 sqm, floors 11-15). Median $1,195/sqft. Prices up 31.3% over the period. 92 years lease remaining.

Latest Sale
$1,448,000
Jul 2024 · 87 sqm
Median Price
$1,195/sqft
$1,405,000 typical unit
Transactions
130
$1,064–$1,680 psf
Price Trend
▲ 31.3%
~9.2% a year

Where Parc Central Residences ranks in District 18

All 46 projects ›
Median psf
Top 61%
#28 / 46 Top 61%
Typical unit price
Top 33%
#15 / 46 Top 33%
Most recent sale
Top 57%
#26 / 46 Top 57%
Price growth
Top 44%
#19 / 43 Top 44%

Median psf over time

Estimate a unit at Parc Central Residences

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

Estimated value
Project forward
Market growth +9.2%/yr
Lease decay −0.15%/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

92 yrs
Remaining lease
0.15%
Annual decay (Bala's Table)
2019
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.15% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,166 58
06-10 $1,206 22
11-15 $1,240 39
16-20 $1,094 11

Recent transactions

DateFloorType AreaPricepsf
Jul 2024 11-15 New Sale 87 sqm $1,448,000 $1,546
May 2024 11-15 New Sale 112 sqm $1,932,000 $1,603
Mar 2024 06-10 New Sale 86 sqm $1,394,000 $1,506
Mar 2024 06-10 New Sale 86 sqm $1,501,000 $1,621
Mar 2024 11-15 New Sale 86 sqm $1,434,000 $1,549
Mar 2024 11-15 New Sale 86 sqm $1,555,000 $1,680
Mar 2024 01-05 New Sale 86 sqm $1,455,000 $1,572
Mar 2024 01-05 New Sale 114 sqm $1,826,000 $1,488
Mar 2024 11-15 New Sale 104 sqm $1,746,000 $1,560
Mar 2024 16-20 New Sale 118 sqm $1,812,000 $1,427
Mar 2024 11-15 New Sale 136 sqm $2,350,000 $1,605
Jul 2022 01-05 New Sale 112 sqm $1,412,000 $1,171
May 2022 01-05 New Sale 112 sqm $1,466,000 $1,216
Apr 2022 01-05 New Sale 112 sqm $1,405,000 $1,165
Jan 2022 06-10 New Sale 112 sqm $1,544,000 $1,281
Jan 2022 01-05 New Sale 112 sqm $1,455,000 $1,207
Dec 2021 01-05 New Sale 112 sqm $1,418,000 $1,176
Dec 2021 01-05 New Sale 112 sqm $1,461,000 $1,212
Dec 2021 01-05 New Sale 112 sqm $1,412,000 $1,171
Dec 2021 01-05 New Sale 112 sqm $1,412,000 $1,171
Dec 2021 01-05 New Sale 112 sqm $1,412,000 $1,171
Dec 2021 01-05 New Sale 112 sqm $1,491,000 $1,237
Dec 2021 06-10 New Sale 112 sqm $1,488,000 $1,234
Dec 2021 11-15 New Sale 81 sqm $1,075,000 $1,233
Dec 2021 06-10 New Sale 112 sqm $1,463,000 $1,214
Showing 25 of 130 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Parc Central Residences is inside the 1 km Primary 1 priority zone for 1 primary school. 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
1 school 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 Parc Central Residences, with their median resale psf. Useful for comparing what Parc Central Residences 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 Parc Central Residences

Parc Central Residences in District 18 (Tampines / Pasir Ris) has been a strong performer, with median psf up roughly 31.3% over the period (about 9.2% a year). Its $1,195 psf median tracks close to the District 18 median. It has a busy transaction history, with 130 sales between 2021-06 and 2024-07, ranging from $1,009,000 to $2,350,000. The most recent transaction was a 87 sqm unit (floors 11-15) at $1,448,000 in Jul 2024, and the median is $1,195 psf. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 92 years remaining is 0.9578, an annual lease decay of about 0.15%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Parc Central Residences cost?

The most recent transaction at Parc Central Residences was $1,448,000 for a 87 sqm unit in 2024-07. The median price is $1,195 per square foot across 130 transactions, ranging from $1,009,000 to $2,350,000. Data sourced from URA.

Is Parc Central Residences freehold or leasehold?

Parc Central Residences is on a 99-year lease commencing in 2019, with approximately 92 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.15%.

What is the price per square foot (psf) at Parc Central Residences?

The median price at Parc Central Residences is $1,195 psf, with transactions ranging from $1,064 to $1,680 psf. This is based on 130 URA-recorded transactions in District 18.

Have prices at Parc Central Residences gone up or down?

Prices at Parc Central Residences have increased by approximately 31.3% over the data period (around 9.2% a year). The median price is currently $1,195 psf, with the most recent sale at $1,448,000 in 2024-07.