Parktown Residence, D18 – Tampines, Pasir Ris, Singapore
by UOL, Singapore Land & Capitaland
Parktown Residence: Redefining Integrated Urban Living in Tampines
Parktown Residence, an exciting new mixed-use development in the heart of Tampines, is a collaborative effort by UOL Group, CapitaLand, and Singapore Land (SingLand). The project sits on a 99-year leasehold plot of 545,314 square feet acquired at $1.206 billion ($885 psf ppr). This vibrant development will integrate residential and commercial spaces, including a bus interchange, community club, and hawker center, creating a one-stop lifestyle destination for future residents. With CapitaLand holding a 50% stake and UOL and SingLand sharing the remaining 50%, Parktown Residence reflects a strong commitment to bringing a premium urban lifestyle to Tampines North.
The development will offer approximately 1,190 residential units, catering to diverse needs with layouts ranging from one to five bedrooms. Designed with spacious living in mind, each home will feature modern interiors and smart layouts that optimize natural light and ventilation. Residents will enjoy a suite of luxurious facilities, including an infinity swimming pool, a clubhouse, a gymnasium, and green spaces that foster relaxation and recreation. Additionally, the integrated commercial elements will provide easy access to retail, dining, and entertainment options just steps away from their homes.
Parktown Residence boasts unparalleled connectivity with its proximity to the future Tampines North MRT Station on the Cross Island Line (CRL), set to enhance accessibility to key destinations across Singapore. The project is also well-connected to major expressways like the TPE, PIE, and KPE, ensuring seamless commutes for residents. Its strategic location near educational institutions such as Poi Ching Primary School, Temasek Junior College, and the Singapore University of Technology and Design adds to its appeal for families prioritizing education.
Surrounded by retail hubs such as Tampines Mall and IKEA Tampines and outdoor hotspots like East Coast Park and Bedok Reservoir, Parktown Residence offers a balanced lifestyle of convenience and recreation. This landmark project promises to meet the growing demand for private housing in the Outside Central Region (OCR) and stands out as a top choice for HDB upgraders, owner-occupiers, and investors alike. The highly anticipated launch in Q3 2024 positions Parktown Residence as a transformative development in Tampines North, setting new standards for integrated urban living.
- Est 1,190 residential units
- 12 residential blocks (2 blocks of 6-7 storey, 8 blocks of 11 storey & 2 blocks of 12 storey)
- Directly connected to MRT
- Property Type: Mixed Development (Residential and Commercial)
- Tenure: 99 years leasehold
- District 18 Tampines, Pasir Ris
- Part of up and coming Tampines North development area
- To further enhance its value, this land plot is directly above Tampines North MRT Station.
- Expected T.O.P date 2028
- Est. Completion Date: Q3 2028
- Preview Date: 8 Feb 2025
- Booking Date: TBC
Amenities
Connectivity
- Tampines North MRT Station (Cross Island Line) – 0.5 km
- Integrated Transport Hub – 0.3 km
- Tampines Expressway (TPE) – 1.0 km
Shopping
- Tampines Mall – 1.5 km
- IKEA Tampines – 2.0 km
- Tampines 1 – 1.6 km
Work
- Tampines Regional Centre – 1.5 km
- Changi Business Park – 4.0 km
- Changi Airport – 5.0 km
Schools
- Poi Ching Primary School – 1.2 km
- Gongshang Primary School – 1.5 km
- Tampines Meridian Junior College – 3.0 km
AboutProjectFloor Plans
Why Parktown Residence is a Must-Buy Investment
Parktown Residence, strategically located at Tampines Avenue 11, stands as a highly compelling choice for both homebuyers and investors. Developed by the prestigious consortium of UOL Group, CapitaLand, and Singapore Land (SingLand), this 99-year leasehold mixed-use development offers approximately 1,190 residential units, commercial spaces, and essential amenities like a bus interchange, community club, and hawker center. Its seamless integration with Tampines North MRT on the upcoming Cross Island Line ensures unparalleled connectivity, making it a prime location for accessibility and convenience.
The project addresses the growing demand for private housing in the Outside Central Region (OCR), particularly among HDB upgraders and owner-occupiers. Its diverse unit configurations, ranging from 1-bedroom to 5-bedroom apartments, cater to a broad spectrum of buyers, from singles and young couples to multi-generational families. These thoughtfully designed homes emphasize modern living, boasting spacious layouts, premium finishes, and ample natural light to create a bright and welcoming ambiance.
Parktown Residence’s surrounding infrastructure adds significant value to its appeal. Esteemed educational institutions such as Poi Ching Primary School, Temasek Junior College, and the Singapore University of Technology and Design are in close proximity, offering exceptional learning opportunities for families. For leisure and retail, the development is near vibrant hubs like Changi City Point, Bedok Mall, and recreational spots like East Coast Park and Bedok Reservoir, enhancing the lifestyle experience of its residents.
From an investment perspective, Parktown Residence is a rare opportunity to secure property in one of Singapore’s most mature and sought-after residential districts. The integration of residential and commercial spaces ensures strong rental demand, while the nearby Tampines North MRT station will drive future capital appreciation. With its holistic offerings of connectivity, convenience, and quality living, Parktown Residence represents a smart and rewarding investment in Singapore’s thriving property market.
The project addresses the growing demand for private housing in the Outside Central Region (OCR), particularly among HDB upgraders and owner-occupiers. Its diverse unit configurations, ranging from 1-bedroom to 5-bedroom apartments, cater to a broad spectrum of buyers, from singles and young couples to multi-generational families. These thoughtfully designed homes emphasize modern living, boasting spacious layouts, premium finishes, and ample natural light to create a bright and welcoming ambiance.
Parktown Residence’s surrounding infrastructure adds significant value to its appeal. Esteemed educational institutions such as Poi Ching Primary School, Temasek Junior College, and the Singapore University of Technology and Design are in close proximity, offering exceptional learning opportunities for families. For leisure and retail, the development is near vibrant hubs like Changi City Point, Bedok Mall, and recreational spots like East Coast Park and Bedok Reservoir, enhancing the lifestyle experience of its residents.
From an investment perspective, Parktown Residence is a rare opportunity to secure property in one of Singapore’s most mature and sought-after residential districts. The integration of residential and commercial spaces ensures strong rental demand, while the nearby Tampines North MRT station will drive future capital appreciation. With its holistic offerings of connectivity, convenience, and quality living, Parktown Residence represents a smart and rewarding investment in Singapore’s thriving property market.
A Strong Investment Opportunity
Developed by industry leaders UOL Group, CapitaLand, and SingLand, Parktown Residence project caters to diverse needs with its mix of unit types and promises steady rental demand, enhanced property value, and a vibrant urban lifestyle, making it an investment not to miss.
Discover Parktown Residence, Singapore’s latest upcoming launch! Prime location, luxurious, and modern living spaces await. Secure your dream home today!
Discover Parktown Residence, Singapore’s latest upcoming launch! Prime location, luxurious, and modern living spaces await. Secure your dream home today!
Summary of Projections (Parktown Residence Property Value)
| Bedroom Type | Current Property Value (Est.) | Projected 5-Year Value | Growth in Value |
|---|---|---|---|
| 1-bedroom | $1,191,771 | $1,448,186 | $256,415 |
| 2-bedroom | $1,412,571 | $1,716,869 | $304,298 |
| 3-bedroom | $1,794,171 | $2,180,017 | $385,846 |
| 4-bedroom | $2,358,486 | $2,869,308 | $510,822 |
Parktown Residence Estimated Rental (based on analysis)
1-bedroom: $3,476
2-bedroom: $4,120
3-bedroom: $5,233
4-bedroom: $6,879
2-bedroom: $4,120
3-bedroom: $5,233
4-bedroom: $6,879
Ongoing masterplan development in the East
1) Changi Aviation Park (CAP)
Existing air cargo cluster can be expanded to cater to new aviation-related sectors and businesses.
2) Changi Business Park (CBP)
Home to leading technology corporations, IT and financial services companies.
3) Tampines
– URA Regional Centre
– Provision of job opportunities and amenities closer to where they live
– Wafer Fab Park
4) Paya Lebar Air Base (PLAB)
– To be transformed into a highly liveable and sustainable new town
– 5X the size of Toa Payoh
– Creation of a new generation
neighbourhood, commercial hub with jobs and amenities
5) Punggol Digital District
– First Enterprise District – Smart business park
– Creation of 28,000 new jobs
Existing air cargo cluster can be expanded to cater to new aviation-related sectors and businesses.
2) Changi Business Park (CBP)
Home to leading technology corporations, IT and financial services companies.
3) Tampines
– URA Regional Centre
– Provision of job opportunities and amenities closer to where they live
– Wafer Fab Park
4) Paya Lebar Air Base (PLAB)
– To be transformed into a highly liveable and sustainable new town
– 5X the size of Toa Payoh
– Creation of a new generation
neighbourhood, commercial hub with jobs and amenities
5) Punggol Digital District
– First Enterprise District – Smart business park
– Creation of 28,000 new jobs
Parktown Residence Project Information
| Project Name | Parktown Residence |
| Developer | A Consortium of UOL Group, Singapore Land, CapitaLand Development |
| District | 18 – Pasir Ris and Tampines |
| Address |
1 Tampines Street 62, Singapore 529411 3 Tampines Street 62, Singapore 529412 5 Tampines Street 62, Singapore 529413 7 Tampines Street 62, Singapore 529414 9 Tampines Street 62, Singapore 529415 11 Tampines Street 62, Singapore 529387 13 Tampines Street 62, Singapore 529388 15 Tampines Street 62, Singapore 529389 17 Tampines Street 62, Singapore 529390 19 Tampines Street 62, Singapore 529391 21 Tampines Street 62, Singapore 529382 23 Tampines Street 62, Singapore 529383 |
| Site Area | Approx. 50,679.7 sqm / 545,516 sqft |
| Tenure | 99 years commencing from 9 October 2023 |
| Total Numbers of Units | 1,193 units |
| Expected Date of NOVP | 30 June 2030 |
| Expected Date of Legal Completion | 30 June 2033 |
| Plot Ratio | 2.5 |
| Permissible GFA | 126,700 sqm |
| Project Description | Proposed Mixed-use Development Comprising of 1-Storey Podium Block Consisting of Retail, Commercial, Community Club, Hawker Centre, Bus Interchange and Communal Facilities with 2 Basements of Retail and Carparks and 2 Blocks of Part 6-Storey/Part 7-Storey, 8 Blocks of 11-Storey and 2 Blocks of 12-Storey Residential Flat Building above (Total: 1193 Units) with Swimming Pool and Ancillary Facilities at Tampines Avenue 11 (Tampines Planning Area) |
| Carpark Lots | Basement 1 – Residential Carpark 961 carpark lots (including 10 lots equipped with EV charging station and 7 accessible lots) |
| Bedroom Type | Unit Type | No. of Units | Area (sqm) | Area (sqft) |
|---|---|---|---|---|
| 1-Bedroom + Study | AS1 AS2/ AS3/ AS4 | 73 | 47, 43 | 506, 463 |
| 2-Bedroom | B1/ B2/ B2(p)/ B3 | 160 | 55 | 592 |
| 2-Bedroom Premium | BP1/ BP1(p)/ BP2/ BP2(p)/ BP3/ BP3(p)/ BP4/ BP4(p) BP5 | 292 | 63, 67 | 678, 721 |
| 2-Bedroom + Study* | BPS1* / BPS1(p)/ BPS2 | 134 | 71 | 764 |
| 3-Bedroom | C1 C2 C3/ C4/ C5 |
135 | 86, 87, 88 | 926, 936, 947 |
| 3-Bedroom Premium | CP1/ CP1(p)/ CP2/ CP3/ CP4/ CP5/ CP5(p)/ CP6/ CP6(p) CP7/ CP7(p) CP8 |
158 | 99, 100, 98 | 1066, 1076, 1055 |
| 3-Bedroom Premium + Study* | CPS1/ CPS1(p)/ CPS2* / CPS2(p) CPS3/ CPS3(p) CPS4/ CPS5 |
115 | 108, 109, 110 | 1163, 1173, 1184 |
| 4-Bedroom | D1/ D1(p)/ D2/ D2(p) D3/ D3(p) D4/ D4(p) |
57 | 124, 125, 126 | 1335, 1345, 1356 |
| 4-Bedroom Premium* | DP1/ DP1(p) DP2* / DP2(p) | 47 | 138, 139 | 1485, 1496 |
| 5-Bedroom | E1/ E1(p) | 22 | 156 | 1679 |
Parktown Residence Site Overview
Parktown Residence Floor Plans
1 Bedroom + Study
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Parktown Residence Floor Plans
2 Bedroom
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Parktown Residence Floor Plans
2 Bedroom + Study
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Parktown Residence Floor Plans
3 Bedroom Compact
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Parktown Residence Floor Plans
3 Bedroom Premium
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Parktown Residence Floor Plans
4 Bedroom
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Parktown Residence Floor Plans
5 Bedroom Premium
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Parktown Residence offers an unmatched combination of convenience, lifestyle, and growth potential in the heart of Tampines. Boasting an integrated development that features residential units, retail amenities, and essential facilities such as a community club and hawker centre, this project is primed for modern urban living. With direct access to the upcoming Tampines North MRT station and connectivity to major expressways, it ensures seamless travel across Singapore. Developed by leading industry players, its diverse unit configurations cater to both investors and homebuyers, promising significant appreciation in value and a vibrant, self-sustaining community.