Parc Olympia

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  2
 2
 0

Sale Price *

Average
S$ 1,191 psf
Range
S$ 1,032 - 1,323 psf

Rental Price **

Average
S$ 4.5 psf pm
Range
S$ 2.5 - 7.8 psf pm

Rental Yield **

4.6%

Rental income expressed as a percentage of the property's value.

Amenities

2.7
2.7

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 Olympia is a leasehold (99 yrs from 2012) condominium completed in 2015. It is developed by KBD FLORA PTE LTD and designed by DESIGN LINK ARCHITECTS PTE LTD. The development occupies a land area of 29,950 sqm and a Gross Floor Area of 41,930 sqm. It consists of 486 units. According to records, buyers of this development are Singaporean 78.4%, PR 18.5%, Foreigner 3.2%, Company 0.0%.

PARC OLYMPIA is located along Flora Drive in Pasir Ris, in District 17. It is accessible through the nearest MRTs including Tampines East DT33 and Pasir Ris East CR4.

Based on transaction data in the last 12 months, sale prices range from S$ 1,032 psf to S$ 1,323 psf at an average of S$ 1,191 psf. Its highest recorded transaction was S$ 1,323 psf in Jan 2024 for a 495-sqft unit. Its lowest recorded transaction was S$ 621 psf in Aug 2012 for a 2,702-sqft unit. Its current rental yield is at 4.6%. Other nearby amenities include: 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, HAO MART PTE. LTD..

Buyers and tenants are attracted to District 17, which comprises of Changi and Loyang. These areas constitute industrial parks and a small portion of residential properties. Houses here are popular among those who are working at the nearby airport or industrial estates. Changi is an estate that is located at the easternmost part of Singapore. It is the home to one of the top airports in the world, Singapore Changi Airport. Other landmarks in the area include Changi Village and Changi Prison. Loyang is mainly zoned for industrial use and is sandwiched between Pasir Ris and Changi.

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
Live Here? Tell us more
Write a review
3.2
"Great facilities. Development is well maintained. "
t*********9@gmail.com
Others     |   12 Sep 2022
4.8
"Resort style living. Family friendly with many families with children. Great development closest to resort living in the east. Much better facilities, maintenance and upkeep of thr place than neighbouring condos."
g******w@gmail.com
Owner     |   27 Oct 2021
5
"Nice condominium. Situated at an area where there are many condominiums projects. So it might be confusing for some. Ample car park slots available for residents and guests. The swimming pool is quite nice. Enjoyed walking around the condo. Great place to stay."
D* G** P*** Y*** D**
Google Review     |   30 Jul 2022
3
"Nice and quiet. No MRT nearby, I think."
K* L***
Google Review     |   29 May 2022
5
"Friendly and helpful security staff."
R**** A***
Google Review     |   05 Feb 2022
4
"Resort-like living with good Olympic theme facilities"
S**** L
Google Review     |   03 Jul 2021
2
"For the location, I will rather go for a freehold development around the vicinity. Entrance/ drive way maybe be congested in the morning, with too many other developments along Flora drive. 99-year leasehold, 482 units Land Size (sqm): 29,950"
R****** W******
Google Review     |   01 Mar 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
50
1
5

PARC OLYMPIA - 50 - 1 - 5

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 OLYMPIA

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of PARC OLYMPIA

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

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 OLYMPIA

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

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$1,790,000

    • 4 beds
    • 3 baths
    • Condominium
    • D17
    • 2015
    • 99 years
    • S$ 1,210 psf
    • Flora Drive
    Shanel (2015-2019) Top Private Property Transactor Liew
    send_enquiry
    thumb-images
    10
    $1,018,000

      • 2 beds
      • 1 bath
      • Condominium
      • D17
      • 2015
      • 99 years
      • S$ 1,180 psf
      • Flora Drive
      Shanel (2015-2019) Top Private Property Transactor Liew
      send_enquiry
      thumb-images
      9
      $888,000

        • 1 bed
        • 1 bath
        • Condominium
        • D17
        • 2015
        • 99 years
        • S$ 1,810 psf
        • Flora Drive
        Jason Low
        send_enquiry
        thumb-images
        10
        $1,380,888

          • 3 beds
          • 3 baths
          • Condominium
          • D17
          • 2015
          • 99 years
          • S$ 1,190 psf
          • Flora Drive
          Nicole Tan
          send_enquiry
          thumb-images
          10
          $2,000,000

            • 4 beds
            • 4 baths
            • Condominium
            • D17
            • 2015
            • 99 years
            • S$ 1,210 psf
            • Flora Drive
            Irene Tan
            send_enquiry
            thumb-images
            10
            $1,080,000

              • 2 beds
              • 2 baths
              • Condominium
              • D17
              • 2015
              • 99 years
              • S$ 1,390 psf
              • Flora Drive
              Kenny Kwan
              send_enquiry
              thumb-images
              10
              $2,500,000

                • 4 beds
                • 4 baths
                • Condominium
                • D17
                • 2015
                • 99 years
                • S$ 1,340 psf
                • Flora Drive
                Caleb Marican
                send_enquiry
                thumb-images
                9
                $1,388,800

                  • 3 beds
                  • 2 baths
                  • Condominium
                  • D17
                  • 2015
                  • 99 years
                  • S$ 1,190 psf
                  • Flora Drive
                  Nancy See
                  send_enquiry
                  thumb-images
                  10
                  $1,370,000

                    • 3 beds
                    • 3 baths
                    • Condominium
                    • D17
                    • 2015
                    • 99 years
                    • S$ 1,180 psf
                    • Flora Drive
                    Jason Low
                    send_enquiry
                    thumb-images
                    10
                    $1,080,000

                      • 2 beds
                      • 1 bath
                      • Condominium
                      • D17
                      • 2015
                      • 99 years
                      • S$ 1,220 psf
                      • Flora Drive
                      Ng Teck Chuan
                      send_enquiry

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