Parkwood Residences
Parkwood Residences is a 99-year lease (91 yrs left) apartment development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 17 recorded private transactions. Latest sale: $1,782,000 (May 2023, 89 sqm, floors 01-05). Median $1,549/sqft. Prices up 2.2% over the period. 91 years lease remaining.
Where Parkwood Residences ranks in District 19
All 147 projects ›Median psf over time
Estimate a unit at Parkwood Residences
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.16% a year.
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| May 2023 | 01-05 | New Sale | 89 sqm | $1,782,000 | $1,860 |
| Oct 2022 | 01-05 | New Sale | 87 sqm | $1,474,338 | $1,574 |
| Sep 2022 | 01-05 | New Sale | 87 sqm | $1,431,875 | $1,529 |
| Sep 2022 | 01-05 | New Sale | 100 sqm | $1,618,513 | $1,504 |
| Aug 2022 | 01-05 | New Sale | 80 sqm | $1,508,000 | $1,751 |
| Aug 2022 | 01-05 | New Sale | 92 sqm | $1,604,000 | $1,620 |
| Jul 2022 | 01-05 | New Sale | 95 sqm | $1,613,000 | $1,577 |
| Jul 2022 | 01-05 | New Sale | 87 sqm | $1,451,000 | $1,549 |
| Jul 2022 | 01-05 | New Sale | 97 sqm | $1,580,593 | $1,514 |
| Jun 2022 | 01-05 | New Sale | 96 sqm | $1,636,000 | $1,583 |
| May 2022 | 01-05 | New Sale | 92 sqm | $1,620,000 | $1,636 |
| May 2022 | 01-05 | New Sale | 95 sqm | $1,630,000 | $1,594 |
| Apr 2022 | 01-05 | New Sale | 177 sqm | $2,742,288 | $1,439 |
| Mar 2022 | 01-05 | New Sale | 100 sqm | $1,609,625 | $1,495 |
| Dec 2021 | 01-05 | New Sale | 87 sqm | $1,447,300 | $1,546 |
| Oct 2021 | 01-05 | New Sale | 100 sqm | $1,604,800 | $1,491 |
| Aug 2021 | 01-05 | New Sale | 144 sqm | $2,000,000 | $1,290 |
Parkwood Residences is inside the 1 km Primary 1 priority zone for 3 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Private condos and apartments closest to Parkwood Residences, with their median resale psf. Useful for comparing what Parkwood Residences costs per square foot against nearby developments.
About Parkwood Residences
Parkwood Residences is a leasehold apartment development in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. Its $1,549 psf median runs about 11% above the District 19 median, ahead of around 74% of projects there. It has a relatively light transaction record, with 17 sales between 2021-08 and 2023-05, ranging from $1,431,875 to $2,742,288. The most recent transaction was a 89 sqm unit (floors 01-05) at $1,782,000 in May 2023, and the median is $1,549 psf. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 91 years remaining is 0.9563, an annual lease decay of about 0.16%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Parkwood Residences cost?
The most recent transaction at Parkwood Residences was $1,782,000 for a 89 sqm unit in 2023-05. The median price is $1,549 per square foot across 17 transactions, ranging from $1,431,875 to $2,742,288. Data sourced from URA.
Is Parkwood Residences freehold or leasehold?
Parkwood Residences is on a 99-year lease commencing in 2018, with approximately 91 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.16%.
What is the price per square foot (psf) at Parkwood Residences?
The median price at Parkwood Residences is $1,549 psf, with transactions ranging from $1,290 to $1,860 psf. This is based on 17 URA-recorded transactions in District 19.
Have prices at Parkwood Residences gone up or down?
Prices at Parkwood Residences have increased by approximately 2.2% over the data period (around 1.3% a year). The median price is currently $1,549 psf, with the most recent sale at $1,782,000 in 2023-05.