Parc Central Residences

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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Sale Price *

Average
S$ 1,216 psf
Range
S$ 1,157 - 1,281 psf

Amenities

3.1
3.1

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Parc Central Residences is a leasehold (99 yrs from 2019) executive condominium. It is developed by HOI HUP SUNWAY TAMPINES J.V. PTE LTD. The development occupies a land area of 24,934 sqm and a Gross Floor Area of 69,814 sqm. It consists of 700 units. According to records, buyers of this development are Singaporean 100.0%, PR 0.0%, Foreigner 0.0%, Company 0.0%.

PARC CENTRAL RESIDENCES is located along Tampines Street 86 in Tampines, in District 18. It is accessible through the nearest MRTs including Tampines West DT31 and Tampines EW2, DT32. The nearest schools are UNITED WORLD COLLEGE OF SOUTH EAST ASIA - EAST and JUNYUAN SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,157 psf to S$ 1,281 psf at an average of S$ 1,216 psf. Its highest recorded transaction was S$ 1,286 psf in Jan 2021 for a 926-sqft unit. Its lowest recorded transaction was S$ 1,002 psf in Feb 2021 for a 1,152-sqft unit.

Other nearby amenities include: 3 Childcare Centre(s): ASPIRATION CHILD CARE CENTRE, PCF SPARKLETOTS PRESCHOOL @ TAMPINES CENTRAL BLK 867A (CC), EILEEN'S LEARNING CENTRE PTE. LTD., and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, U STARS SUPERMARKET PTE. LTD., and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ TAMPINES CENTRAL Blk 868A (KN), Cavenur Kindergarten, PCF SPARKLETOTS PRESCHOOL @ TAMPINES CENTRAL Blk 725 (DS).

Buyers and tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant. From its early days as a kampung, Pasir Ris has evolved to become a lively housing estate surrounded by the beach and sea. Another natural landmark in the neighbourhood is Pasir Ris Park, which houses a 6ha mangrove forest. Pasir Ris is also popular for its chalets and resorts in Downtown East.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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5
"Under construction"
B***** S****
Google Review     |   18 Feb 2022
5
"Parc Central Residences TAMPINES EXECUTIVE CONDOMINIUM. Call me for Actual Viewing of showflat. JOSEPH PANG Cea R025426Z Hp 83555711 ERA."
J***** P***
Google Review     |   14 Jan 2021
5
"Future sanctuary of the East which draw inspiration from New York Central Park, a well know green oasis. Broad range of amenities, good transport connectivity and good educational institutions in close proximity. Many facilities which cater for all generations. Parc Central Residences will certainly be another best-selling development."
B**** W***
Google Review     |   25 Dec 2020
5
"Tagger Developer Hoi Hup Sunway Tampines J.V. Pte Ltd Type Executive Condominium Total Units 700 Exp Top tbc Address Tampines Ave 10 Location D18 - Pasir Ris / Tampines Country Singapore Tenure 99 Years DESCRIPTION Executive Condominium Housing Development comprising of 11 blocks of 16-Storey residential units. 3, 4 and 5-Bedroom Types Key Points - FIRST Executive Condominium launch in the East since 2012 - Football field sized landscape with 80m lake pool, elevated gym, NYC steakhouse style gourmet dining - New York Central Park inspired sanctuary - Located in the heart of Tampines matured estate - Luxurious fittings and finishes"
F** M** L****
Google Review     |   26 Nov 2020
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Floor Plans
119
1
3

PARC CENTRAL RESIDENCES - 119 - 1 - 3

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of PARC CENTRAL RESIDENCES (Limited to 10)

Unit Search
#
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Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of PARC CENTRAL RESIDENCES
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Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2019
Tampines Avenue 10
Site Use
EC
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
24,939
Site GFA (sqm)
69,829
Highest Bid ($M)
434.5
Highest Bid ($PSF)
578
Number of BIDS
7
Land ($M)
434.5
Construction ($M)
165.4
Land Financing ($M)
38
Profesional / Legal / Taxes ($M)
72
Marketing / Others ($M)
42.6
Estimated Total Cost ($M)
752.45
Estimated Breakeven ($psf ppr)
1,001

Listings

View More

thumb-images
8
$1,488,000

    • 5 beds
    • 4 baths
    • 7.0 Below Valuation
    • Executive Condominium
    • D18
    • Uncompleted
    • 99 years
    • S$ 1,040 psf
    • 1,430 sqft
    • TAMPINES STREET 86
    John Lee
    send_enquiry
    thumb-images
    8
    $1,248,800

      • 4 beds
      • 3 baths
      • 13.3 Below Valuation
      • Executive Condominium
      • D18
      • Uncompleted
      • 99 years
      • S$ 1,040 psf
      • 1,210 sqft
      • TAMPINES STREET 86
      John Lee
      send_enquiry
      thumb-images
      8
      $888,800

        • 3 beds
        • 2 baths
        • 13.7 Below Valuation
        • Executive Condominium
        • D18
        • Uncompleted
        • 99 years
        • S$ 995 psf
        • 893 sqft
        • TAMPINES STREET 86
        John Lee
        send_enquiry
        thumb-images
        28
        $1,700,000

          • 5 beds
          • 2 baths
          • Condominium
          • D18
          • Uncompleted
          • 99 years
          • S$ 1,160 psf
          • 1,460 sqft
          • TAMPINES STREET 86
          Wendy Tee
          send_enquiry
          thumb-images
          28
          $1,300,000

            • 4 beds
            • 2 baths
            • 5.1 Below Valuation
            • Executive Condominium
            • D18
            • Uncompleted
            • 99 years
            • S$ 1,080 psf
            • 1,210 sqft
            • TAMPINES STREET 86
            Wendy Tee
            send_enquiry
            thumb-images
            29
            $1,365,000

              • 4 beds
              • 2 baths
              • 1.1 Below Valuation
              • Executive Condominium
              • D18
              • Uncompleted
              • 99 years
              • S$ 1,110 psf
              • 1,230 sqft
              • TAMPINES STREET 86
              Wendy Tee
              send_enquiry
              thumb-images
              19
              $1,100,000

                • 3 beds
                • 2 baths
                • 11.3 Below Valuation
                • Executive Condominium
                • D18
                • Uncompleted
                • 99 years
                • S$ 1,000 psf
                • 1,100 sqft
                • TAMPINES STREET 86
                Wendy Tee
                send_enquiry
                thumb-images
                32
                $1,488,148

                  • 5 beds
                  • 3 baths
                  • 0.8 Below Valuation
                  • Executive Condominium
                  • D18
                  • Uncompleted
                  • 99 years
                  • S$ 1,040 psf
                  • 1,430 sqft
                  • TAMPINES AVENUE 10
                  Alan Tang
                  send_enquiry
                  thumb-images
                  33
                  $1,250,000

                    • 4 beds
                    • 2 baths
                    • 5.3 Below Valuation
                    • Executive Condominium
                    • D18
                    • Uncompleted
                    • 99 years
                    • S$ 1,040 psf
                    • 1,210 sqft
                    • TAMPINES AVENUE 10
                    Alan Tang
                    send_enquiry
                    thumb-images
                    35
                    $888,888

                      • 3 beds
                      • 2 baths
                      • 12.0 Below Valuation
                      • Executive Condominium
                      • D18
                      • Uncompleted
                      • 99 years
                      • S$ 1,020 psf
                      • 872 sqft
                      • TAMPINES AVENUE 10
                      Alan Tang
                      send_enquiry

                      View More
                      Property News

                      Nature meets urban sophistication at Parc Central Residences

                      Property News

                      GLS sites at Lentor Central and Tampines Street 62 up for tender

                      Property News

                      645 private new homes sold in February, 60.5% lower m-o-m

                      Property News

                      Fear of missing out and talk of cooling measures nudge new home sales up 32.2% in Jan 2021

                      Property News

                      [UPDATE] Hoi Hup-Sunway sell 59% of units at Parc Central Residences at launch

                      FAQs about PARC CENTRAL RESIDENCES

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