Parc Olympia

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 2 Photos

Sale Price *

Average
S$ 1,021 psf
Range
S$ 836 - 1,228 psf

Rental Price **

Average
S$ 3.2 psf pm
Range
S$ 1.6 - 6.2 psf pm

Rental Yield **

3.7%

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

Amenities

3.0
3.0

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
No Data
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 79.0%, PR 17.6%, Foreigner 3.4%, 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. The nearest schools are EAST SPRING PRIMARY SCHOOL and EAST SPRING SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 836 psf to S$ 1,228 psf at an average of S$ 1,021 psf. Its highest recorded transaction was S$ 1,228 psf in Nov 2021 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 3.7%.

Other nearby amenities include: 3 Childcare Centre(s): CARPE DIEM YOUNG HEARTS PTE. LTD., MY FIRST SKOOL, AMAR KIDZ @ PASIR RIS PTE. LTD., and 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, HAO MART PTE. LTD., and 3 Kindergarten(s): Creative Twinkles Preschool, PCF SPARKLETOTS PRESCHOOL @ TAMPINES-CHANGKAT Blk 358 (KN), Al - Amin Pre-School.

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
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     |   31 Jul 2022
3
"Nice and quiet. No MRT nearby, I think."
K* L***
Google Review     |   30 May 2022
5
"Friendly and helpful security staff."
R**** A***
Google Review     |   05 Feb 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."
W** X**
Owner     |   27 Oct 2021
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     |   02 Mar 2021
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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.
No Data
Unit Mix
Bedroom Type
1BR
Area
495 - 646 sqft
No. of Units
52
Bedroom Type
2BR
Area
646 - 1292 sqft
No. of Units
212
Bedroom Type
3BR
Area
969 - 2164 sqft
No. of Units
169
Bedroom Type
4BR
Area
1324 - 2702 sqft
No. of Units
53

Sales Transaction of PARC OLYMPIA (Limited to 10)

Unit Search
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There are 638 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

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 OLYMPIA
There are 990 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

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 (%)
400 to 500
2,080
10
-
-
-
600 to 700
2,382
11
699,625
4
4.1
700 to 800
2,535
10
835,000
2
3.6
800 to 900
2,500
1
-
-
-
900 to 1000
2,500
3
1,040,000
2
2.9
1000 to 1100
3,000
1
-
-
-
1100 to 1200
3,408
6
1,193,200
5
3.4
1200 to 1300
3,500
1
-
-
-
1300 to 1400
3,300
1
1,330,000
3
3.0
1800 to 1900
3,750
2
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

No Data

Listings

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thumb-images
11
View to Offer

    • 3 beds
    • 3 baths
    • Condominium
    • D17
    • 2015
    • 99 years
    • S$ 1,190 psf
    • 50 Flora Drive
    Sharlene Lim
    send_enquiry
    thumb-images
    11
    $1,330,000

      • 3 beds
      • 3 baths
      • Condominium
      • D17
      • 2015
      • 99 years
      • S$ 1,170 psf
      • 54 Flora Drive
      Dennis Seow
      send_enquiry
      thumb-images
      11
      View to Offer

        • 2 beds
        • 2 baths
        • D17
        • 2015
        • 99 years
        • S$ 1,210 psf
        • 56 Flora Drive
        Agnes Tan
        send_enquiry
        thumb-images
        11
        $1,350,000

            • D17
            • 2015
            • 99 years
            • S$ 1,160 psf
            • 60 Flora Drive
            Richard Tan
            send_enquiry
            thumb-images
            11
            $780,000

              • 2 beds
              • 1 bath
              • D17
              • 2015
              • 99 years
              • S$ 1,210 psf
              • 62 Flora Drive
              Gini Chew
              send_enquiry
              thumb-images
              11
              $900,000

                • 2 beds
                • 2 baths
                • D17
                • 2015
                • 99 years
                • S$ 1,130 psf
                • 56 Flora Drive
                Renner Ching
                send_enquiry
                thumb-images
                11
                $1,850,000

                  • 4 beds
                  • 4 baths
                  • D17
                  • 2015
                  • 99 years
                  • S$ 1,120 psf
                  • 54 Flora Drive
                  Angie Choy
                  send_enquiry
                  thumb-images
                  11
                  $1,350,000

                    • 3 beds
                    • 3 baths
                    • D17
                    • 2015
                    • 99 years
                    • S$ 1,040 psf
                    • 66 Flora Drive
                    Jocelyn Loh
                    send_enquiry
                    thumb-images
                    11
                    $900,000

                      • 2 beds
                      • 2 baths
                      • D17
                      • 2015
                      • 99 years
                      • S$ 1,130 psf
                      • 56 Flora Drive
                      Er Lin
                      send_enquiry
                      thumb-images
                      11
                      $820,000

                        • 2 beds
                        • 1 bath
                        • D17
                        • 2015
                        • 99 years
                        • S$ 1,270 psf
                        • 56 Flora Drive
                        Damon Giam
                        send_enquiry

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                        FAQs about PARC OLYMPIA