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What Is Parktown Residences?
Parktown Residences is one of Singapore’s largest mixed-use new launch developments, located at Tampines Avenue 11 in Singapore’s mature East region. Developed by a prestigious trio — UOL Group, Singapore Land Group, and CapitaLand Development — the project integrates 1,193 residential units with retail, a hawker centre, and direct connection to the upcoming Tampines North MRT station on the Cross Island Line.
Location and Connectivity
- Tampines North MRT (Cross Island Line): Directly integrated — commute to Changi Business Park in under 10 minutes
- Tampines MRT (EWL/DT interchange): Approximately 10-12 minutes by bus or short drive
- Changi Airport: Approximately 15 minutes by car
- TPE and PIE access: Easy islandwide connectivity
- Tampines Mall, Century Square, Our Tampines Hub: Walking distance
Parktown Residences — Unit Mix and Floor Plans
- 1-bedroom + study: From approximately 527 sqft
- 2-bedroom / 2-bedroom premium: From approximately 700-850 sqft
- 3-bedroom / 3-bedroom premium: From approximately 958-1,200 sqft
- 4-bedroom: From approximately 1,410 sqft
- 5-bedroom / penthouse: From approximately 1,700 sqft and above
Indicative Prices — Parktown Residences 2026
Parktown Residences launched in 2024 and saw strong take-up rates. For buyers looking at the resale or sub-sale market in 2026:
- 1-bedroom units: Approximately $900K–$1.1M
- 2-bedroom units: Approximately $1.2M–$1.6M
- 3-bedroom units: Approximately $1.6M–$2.2M
- 4-bedroom units: Approximately $2.3M–$3.0M
All prices are indicative and market-dependent. Verify with your property consultant.
Developer Profile — UOL, SingLand and CapitaLand
The developer trio behind Parktown Residences brings exceptional credentials:
- UOL Group: One of Singapore’s most established property developers, known for quality finishes and reliable delivery (Pinetree Hill, AMO Residence, The Tre Ver)
- Singapore Land Group (SingLand): UOL’s subsidiary with a strong track record in mixed-use and residential developments
- CapitaLand Development: Singapore’s largest diversified real estate group, bringing institutional-grade asset management expertise
Investment Case for Parktown Residences
Key investment considerations:
- Cross Island Line catalyst: Tampines North MRT will connect directly to Changi Business Park, Loyang Industrial Estate and eventually the Western corridors — a transformative connectivity upgrade
- Tampines North masterplan: The entire Tampines North precinct is being developed as a new residential hub with 20,000+ new homes, amenities and green connectors
- Integrated development premium: Developments directly above MRT stations command lasting premiums and superior rental yields
- Strong HDB upgrader catchment: Tampines has one of Singapore’s largest HDB populations — a massive pool of potential upgraders
Parktown Residences vs Tampines Grand / Treasure at Tampines
Compared to existing Tampines condos, Parktown Residences benefits from new construction quality, direct MRT integration, and the Tampines North masterplan uplift. Treasure at Tampines (leasehold, older) now trades at $1,300-$1,500 psf on resale, suggesting Parktown Residences’ new launch premium may compress over time as comparable units come onto the resale market.
💬 Talk to Alvin Tan — Licensed ERA Property Consultant
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