Park East

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,477 psf
Range
S$ 1,401 - 1,548 psf

Rental Price **

Average
S$ 2.5 psf pm
Range
S$ 1.9 - 3.4 psf pm

Rental Yield **

2.0%

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

Amenities

2.9
2.9

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
10 Facilities Available
Barbeque Area
Barbeque Area
Covered car park
Covered car park
Clubhouse
Clubhouse
Gymnasium room
Gymnasium room
Sauna
Sauna
24 hours security
24 hours security
Squash court
Squash court
Swimming pool
Swimming pool
Tennis courts
Tennis courts
Wading pool
Wading pool
Description
Park East is a freehold condominium completed in 1994. The development occupies a land area of 24,570 sqm and a Gross Floor Area of 34,398 sqm. It consists of 211 units. According to records, buyers of this development are Singaporean 75.8%, PR 16.2%, Foreigner 6.2%, Company 0.8%.

PARK EAST is located along Jalan Tua Kong in Bedok, in District 15. It is accessible through the nearest MRTs including Bedok EW5 and Laguna Park TE28. The nearest schools are OPERA ESTATE PRIMARY SCHOOL and TANJONG KATONG GIRLS' SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,401 psf to S$ 1,548 psf at an average of S$ 1,477 psf. Its highest recorded transaction was S$ 1,548 psf in Mar 2022 for a 1,292-sqft unit. Its lowest recorded transaction was S$ 383 psf in Feb 2006 for a 2,088-sqft unit. Its current rental yield is at 2.0%.

Other nearby amenities include: 3 Childcare Centre(s): LEARNINGHILL EDUCARE PTE LTD, TWINKLEKIDZ ACADEMY PTE. LTD., PAT'S SCHOOLHOUSE PTE. LTD., and 3 Grocerie(s): ZAC MEAT & POULTRY PTE LTD, PRIME SUPERMARKET LIMITED, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): LittleSparks Montessori Kindergarten, Starland Kindergarten, Bethesda (Katong) Kindergarten.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

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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4
"Quiet condo - privacy is a key point "
B** N**
owner     |   15 Mar 2018
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Floor Plans
1
1
5

PARK EAST - 1 - 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
2BR
Area
872 - 1001 sqft
No. of Units
27
Bedroom Type
3BR
Area
1249 - 1938 sqft
No. of Units
222
Bedroom Type
4BR
Area
1970 - 2024 sqft
No. of Units
60

Sales Transaction of PARK EAST (Limited to 10)

Unit Search
#
There are 251 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
No Data

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 PARK EAST
There are 280 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
No data

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 (%)
1300 to 1400
3,525
4
-
-
-
1700 to 1800
3,700
1
-
-
-
1900 to 2000
4,200
1
-
-
-
2000 to 2100
7,000
1
-
-
-
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
No Data
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Nearby Land Sales

No Data

Listings

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thumb-images
11
$2,321,000

    • 3 beds
    • 2 baths
    • D15
    • 1994
    • Freehold
    • S$ 1,530 psf
    • 77 Jalan Tua Kong
    Charlyene Choo
    send_enquiry

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    Property News

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    FAQs about PARK EAST