Parkshore

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 3
 0

Sale Price *

Average
S$ 1,886 psf
Range
S$ 1,774 - 1,998 psf

Rental Price **

Average
S$ 4.0 psf pm
Range
S$ 3.3 - 4.8 psf pm

Rental Yield **

2.5%

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

Amenities

2.5
2.5

Convenience

4.2
4.2

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
Parkshore is a freehold condominium completed in 1995. The development occupies a land area of 9,644 sqm and a Gross Floor Area of 27,026 sqm. It consists of 152 units. According to records, buyers of this development are Singaporean 70.2%, PR 19.5%, Foreigner 7.8%, Company 1.0%.

PARKSHORE is located along Tanjong Rhu Road in Kallang, in District 15. It is accessible through the nearest MRTs including Tanjong Rhu TE23 and Stadium CC6.

Based on transaction data in the last 12 months, sale prices range from S$ 1,774 psf to S$ 1,998 psf at an average of S$ 1,886 psf. Its highest recorded transaction was S$ 1,998 psf in Mar 2024 for a 1,001-sqft unit. Its lowest recorded transaction was S$ 428 psf in Aug 2003 for a 1,636-sqft unit. Its current rental yield is at 2.5%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, LOH NYEN YIU, and 1 Shopping Mall: LEISURE PARK KALLANG.

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.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4.8
"Parkshore provides both city living (boosting great city views from the apartment) and lifestyle living (great area to cycle or stroll). Being the only FREEHOLD project in Tanjong Rhu, brings along great future potential /sitting on a hidden goldmine. Possible bridge to city. Also, being a small project with 152 units, not only make it exclusive, it is quieter than the surrounding projects. Tower 4 and 5 are the best because it boost great city view (with MBS, flyer, Artscience museum, GBTB view). The place is also a short stroll to Kallang Wave Mall with lots of dining options and a huge NTUC. Stadium MRT is there too. In 2023, Tanjong Rhu will have it own station. Rental market is healthy too. Love this PLACE!!"
s*******e@msn.com
Owner     |   03 Dec 2021
4.8
"The new Tanjong Rhu MRT station is apt 350m away. Close to Shenton Way and East Coast eateries."
j****c@singnet.com.sg
Owner     |   03 Aug 2021
4
"Resort-styled living in a low density condo with full facilities. Quiet, serene with friendly neighbours. Shopping malls, Cold Storage, Fair price hypermart and Stadium MRT within walking distance. The only freehold in the Tanjong Rhu area. "
e********2@gmail.com
Owner     |   20 Mar 2018
5
"The only freehold condo, near to mrt and all amenities "
c*****8@gmail.com
Owner     |   29 Oct 2016
5
"Got a lot kind ppl there security also very nice person"
A*** G**
Google Review     |   18 Jul 2021
5
"Peacefull place"
A** M******
Google Review     |   26 Feb 2021
1
"Narrow carpark slope. Architect poor."
O** W**
Google Review     |   14 Oct 2020
4
"Great houses like British."
C**** T**
Google Review     |   18 Feb 2019
4
"Amazing views of the city at night, with a quiet and tranquil environment. Great for strolls!"
K****** V***
Google Review     |   31 Mar 2018
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
201
1
1

PARKSHORE - 201 - 1 - 1

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 PARKSHORE (Limited to 10)

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

Asking Price of PARKSHORE

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
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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 PARKSHORE

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
$3,980,000

    • 3 beds
    • 4 baths
    • Condominium
    • D15
    • 1995
    • Freehold
    • S$ 2,310 psf
    • Tanjong Rhu Road
    Faith Wong
    send_enquiry
    thumb-images
    9
    $3,288,000

      • 3 beds
      • 3 baths
      • Condominium
      • D15
      • 1995
      • Freehold
      • S$ 2,410 psf
      • Tanjong Rhu Road
      Tony Too
      send_enquiry
      thumb-images
      10
      $3,500,000

        • 3 beds
        • 3 baths
        • Condominium
        • D15
        • 1995
        • Freehold
        • S$ 2,130 psf
        • Tanjong Rhu Road
        Kelly S.R
        send_enquiry
        thumb-images
        10
        $5,300,000

          • 4 beds
          • 4 baths
          • Condominium
          • D15
          • 1995
          • Freehold
          • S$ 2,280 psf
          • Tanjong Rhu Road
          Regan Lim Zheng Jie
          send_enquiry
          thumb-images
          10
          $2,850,000

            • 3 beds
            • 3 baths
            • Condominium
            • D15
            • 1995
            • Freehold
            • S$ 2,150 psf
            • Tanjong Rhu Road
            Alex Leow Leow
            send_enquiry

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            FAQs about PARKSHORE

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