Parktown Residences, a 99 Years condominium development in District 18, offers approximately 1,190 residential units suitable for families and professionals. Developed by UOL Group & CapitaLand, the project is conveniently located on Tampines Avenue 11, just a 3-minute walk from Tampines North MRT Station. The development features a variety of unit types ranging from 1-5 bedrooms to cater to different buyer preferences. Its proximity to Tampines North MRT station ensures excellent connectivity to public transport, making it an attractive choice for residents. Showflat Preview On Q3 2024.
Parktown Residences
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- Convenience Beyond the Doorstep: While Tampines North MRT provides immediate connectivity, a well-developed bus network is essential. Evaluate the bus routes and assess their efficiency in connecting you to your workplace or frequented areas.
- Proximity to Major Transportation Routes: The development provides easy access to major transportation routes, ensuring residents can navigate the city with ease. This accessibility is a significant advantage for daily commuters and anyone looking to explore Singapore.
- Luxurious Amenities: Residents of Parktown Residences can enjoy a wide range of luxurious amenities. These include state-of-the-art fitness centers, refreshing swimming pools, serene spa facilities, and more, catering to the discerning needs of its residents.
- Developed by reputable companies: Parktown Residences is by UOL Group & CapitaLand, being established developers in Singapore. This can give potential buyers assurance on the quality of construction and overall project management.
The Buying Process for Parktown Residences
Parktown Residences Showflat on Q3 2024
Parktown Residences Factsheet
| Project | Parktown Residences |
| Tenure | 99 Years |
| Developer | UOL Group & CapitaLand |
| Plot Ratio | 2.5 |
| No. of Units | Est 1,190 Units |
| No. of Storeys | Est of 15 storeys |
| Site Area | 545,730 sqft | 506,99 sqm |
| Address | Tampines Avenue 11 |
| District | 18 |
| Neighbourhood | Tampines |
| Expected TOP | 2028 |
| Description | Parktown Residences, situated at Tampines Avenue 11 in D18, stands as a project by UOL Group & CapitaLand. This development presents a diverse selection of 1-5 bedroom units, catering to a broad spectrum of buyers and investors. For a detailed exploration of Parktown Residences, visit https://nexthomesg.com/properties/parktown-residences/. |
Location – Neighbourhood & Transportation
Located at the core of Tampines North, Parktown Residences emerges as a modern emblem in one of the most vibrant and desirable residential areas in Singapore. This exceptional mixed-use development is the result of a pioneering partnership between UOL, Singapore Land, and CapitaLand. It offers a lifestyle marked by unmatched convenience and connectivity, making it a prime selection for both homeowners and investors alike.
Prime Location and Seamless Connectivity
You’ll find yourself in the heart of District 18, amidst the flourishing precinct of Tampines North. Parktown Residences is poised to transform urban living with its direct connection to the forthcoming Tampines North MRT station on the Cross Island Line (CRL), expected to be operational by 2029. As the longest fully-underground MRT line in Singapore, the CRL will significantly improve the area’s linkage to the rest of the island.
Beyond the CRL, you’ll enjoy close proximity to the Tampines North Bus Interchange and major expressways including the Tampines Expressway (TPE), Kallang-Paya Lebar Expressway (KPE), and the Pan Island Expressway (PIE), ensuring fast and effortless travel throughout Singapore.
Nearby Amenities
A Hub of Shopping and Dining
Parktown Residences is not just a place to live but a lifestyle hub, featuring around 150,695 sq ft of commercial space. This means a vast array of shopping and dining options right at your doorstep. Moreover, the development is conveniently located near Tampines Mall, Century Square, and Tampines 1, offering an extensive selection of retail outlets, dining choices, and entertainment facilities.
Educational Excellence Within Reach
For families, the proximity to esteemed educational institutions is a boon. The area hosts highly regarded primary schools such as Poi Ching School, Junyuan Primary, and Angsana Primary, laying a solid foundation for your children’s future.
Recreational Facilities for a Balanced Lifestyle
Embrace a vibrant lifestyle with easy access to Tampines Eco Green Park, Bedok Reservoir Park, and Pasir Ris Park. These green spaces provide a sanctuary for outdoor activities and relaxation amidst nature. Additionally, the strategic location near Tampines Sports Hub offers a plethora of sports facilities for fitness aficionados, ensuring a balanced lifestyle for all residents.
Floor Plans & Site Plan
Nestled in the vibrant heart of Tampines North, the Parktown Residences stand as a beacon of modern living in one of Singapore’s most sought-after residential districts. Born from a groundbreaking collaboration between UOL, Singapore Land, and CapitaLand, this mixed-use development epitomizes the pinnacle of convenience and connectivity, presenting an unparalleled opportunity for both homeowners and investors.
Prime Location and Unmatched Connectivity
You will find yourself in the bustling District 18, right at the epicenter of Tampines North’s growth. With a direct link to the upcoming Tampines North MRT station on the Cross Island Line (CRL), set to launch in 2029, your connectivity to the rest of Singapore is about to take a quantum leap. The CRL, poised to be Singapore’s longest fully-underground MRT line, promises to enhance your access across the island like never before.
Moreover, the proximity to the Tampines North Bus Interchange and key expressways such as the Tampines Expressway (TPE), Kallang-Paya Lebar Expressway (KPE), and the Pan Island Expressway (PIE), guarantees swift and seamless travel across Singapore.
A Lifestyle Hub at Your Doorstep
Parktown Residences isn’t just a place to call home; it’s a lifestyle destination. With approximately 150,695 sq ft of commercial space, a vast selection of shopping and dining experiences await you right outside your door. Close by, Tampines Mall, Century Square, and Tampines 1 offer a wide range of retail, dining, and entertainment options, ensuring that your lifestyle needs are met without having to venture far.
Educational Excellence Within Your Reach
For families, the development’s location near top-tier primary schools such as Poi Ching School, Junyuan Primary, and Angsana Primary is invaluable, providing a strong educational foundation for your children.
Recreational Facilities for a Balanced Lifestyle
Dive into a life of vibrancy with easy access to Tampines Eco Green Park, Bedok Reservoir Park, and Pasir Ris Park. These natural havens are perfect for outdoor activities or a tranquil retreat from the urban hustle. Additionally, the nearby Tampines Sports Hub offers a wide array of sports facilities, catering to fitness enthusiasts and ensuring a well-rounded lifestyle for all residents.
Price List & Price Background
At Parktown Residences, you’ll discover a home that’s crafted to suit your lifestyle, whether you’re a single professional, a couple, or nurturing a growing family. Our selection of unit types spans from cozy 1-bedroom apartments to spacious 5-bedroom family homes, all designed with modernity and functionality at their core to elevate your living experience.
Unit Types for Every Lifestyle
- 1-Bedroom Units: Perfect for singles or couples, offering a cozy, intimate space.
- 2-Bedroom Units: Ideal for small families or professionals needing an extra room.
- 3-Bedroom Units: Great for medium-sized families, providing ample space for everyone.
- 4-Bedroom Units: Offers generous living space for larger families.
- 5-Bedroom Units: The pinnacle of spacious living, designed for extensive families or those who love extra space.
Financial Insights
- Estimated Breakeven Cost: The development’s breakeven cost is projected to be around $1,500 to $1,600 per square foot (psf), positioning it as a valuable investment.
- Launch Price Range: Anticipated to start from $1,900 psf onwards, Parktown Residences is set to offer competitive pricing that stands out in the market.
- Indicative Price Sale psf Range: Prices are expected to range between $1,900 to $2,400 psf. Please note, these figures are indicative and may be subject to adjustments.
Parktown Residences is designed with you in mind, blending diversity in unit choices with affordability and modern living standards. Whether you’re starting a new chapter or looking for an investment, this is a place where your future flourishes.
Developer Background
Parktown Residences emerges as a highly anticipated mixed-use development, born from the strategic partnership among Singapore’s real estate giants: UOL Group, Singapore Land Group (SingLand), and CapitaLand Development. This collaboration marries a wealth of experience and a track record of excellence, promising to revolutionize urban living in Tampines North.
UOL Group: A Legacy of Excellence
Since its inception in 1963, UOL Group has stood as a beacon of excellence in Singapore’s property scene. With a diverse portfolio that spans residential apartments, offices, retail malls, hotels, and serviced suites, UOL’s commitment to quality and design excellence shines through in its iconic developments like Principal Garden, Clement Canopy, and Avenue South Residence. The group’s relentless pursuit of excellence and quality service has not only earned it numerous architectural awards but also solidified its status as a developer of high-quality and innovative residential projects.
Singapore Land Group: Pioneers of Sustainable Living
A subsidiary of UOL Group, Singapore Land Group has carved its niche in the Singapore real estate market with its focus on residential, commercial, and investment properties. SingLand’s dedication to sustainability and green living is poised to significantly contribute to the Parktown Residences project, ensuring the incorporation of eco-friendly features and sustainable design elements.
CapitaLand Development: Architects of Integrated Living
Holding a substantial 50% stake in the Parktown Residences project, CapitaLand stands out as one of Asia’s largest diversified real estate groups. Known for its commitment to quality and innovation, CapitaLand aims to create integrated living spaces that promise quality, sustainability, and strong returns on investment. With expertise in developing residential and mixed-use projects across Asia, Oceania, and Europe, CapitaLand is at the forefront of transforming Singapore’s real estate landscape.
A Collaborative Masterpiece
The Parktown Residences development is a showcase of the combined expertise of UOL Group, Singapore Land Group, and CapitaLand Development. Spanning a 5.07-hectare mixed-use site, the project will feature approximately 1,190 residential units with layouts ranging from 1 to 5 bedrooms and about 150,695 sq ft of commercial space. Seamlessly integrated with Tampines North MRT station on the Cross Island Line and a bus interchange, this development is designed to foster a vibrant and integrated community, blending commercial and residential elements harmoniously.
Enhanced Living Experience
As a resident, you’ll enjoy direct access to a bus interchange, a community club, and a hawker centre, elevating the convenience and lifestyle offerings of the development. With the combined strengths of these three developers, Parktown Residences is set to become a bustling hub in the Tampines North area, redefining luxury living and setting a new benchmark for modern urban developments.
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Parktown Residences
Tampines Avenue 11
Should You Buy Parktown Residences?
Nestled in the heart of Tampines North, Parktown Residences boasts a prime location renowned for its excellent connectivity and diverse housing options. This development is perfectly positioned to benefit from the upcoming Tampines North MRT station on the Cross Island Line, significantly enhancing your access to various parts of Singapore.
For those who prefer driving, you’re in luck. The residence is well-connected to major expressways, including the Tampines Expressway (TPE), Kallang-Paya Lebar Expressway (KPE), and the Pan Island Expressway (PIE). This trio of expressways ensures that navigating across the city is a breeze, making your daily commute smoother and faster.
Comprehensive Amenities
Parktown Residences isn’t just about the strategic location; it’s also about bringing a holistic living experience to its residents. Part of a mixed-use site, the development includes approximately 14,000 sqm of commercial space, offering you convenient access to a wide array of retail and dining options right at your doorstep.
For your shopping needs, you’re spoilt for choice with Tampines Mall, Century Square, and Tampines 1 just around the corner. Not to forget, the Tampines Hub is nearby too, featuring a regional library, hawker centre, and various retail shops for your leisure and convenience.
Nature lovers, rejoice! The proximity to Tampines Eco Green and Tampines Central Park means you’re never too far from green spaces, allowing you to immerse in nature’s tranquility whenever the mood strikes.
Investment Potential
Considering investing in Parktown Residences? You’re looking at a property with significant investment potential. The district is not only known for its vibrant economy and superior connectivity but is also undergoing a rapid transformation. With over 20,000 residents expected by 2025, the demand for housing in this area is poised to soar.
Moreover, its closeness to Changi Airport and the Downtown Core positions Parktown Residences as an ideal choice for those seeking a blend of convenience and lifestyle, further amplifying its appeal to potential investors and residents alike.
