Park East

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,564 psf
Range
S$ 1,539 - 1,580 psf

Rental Price **

Average
S$ 3.5 psf pm
Range
S$ 2.5 - 4.8 psf pm

Rental Yield **

2.7%

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
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 76.1%, PR 15.7%, Foreigner 6.3%, Company 0.7%.

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.

Based on transaction data in the last 12 months, sale prices range from S$ 1,539 psf to S$ 1,580 psf at an average of S$ 1,564 psf. Its highest recorded transaction was S$ 1,672 psf in Oct 2022 for a 1,346-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 2.7%. Other nearby amenities include: 3 Grocerie(s): ZAC MEAT & POULTRY PTE LTD, PRIME SUPERMARKET LIMITED, COLD STORAGE SINGAPORE (1983) PTE LTD.

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******1@hotmail.com
Owner     |   15 Mar 2018
5
"10/10 would visit anytime. Cos my cute nephew and niece stay here. How objective a review eh"
C************
Google Review     |   30 Apr 2022
5
"Low rise condo Family environment"
C***** S***
Google Review     |   25 Feb 2022
5
"Peaceful place to live in singapore , Home away from busy city life , surrounded by full on natural beauty around"
N**** B****
Google Review     |   22 Dec 2021
4
"Nice prata place nearby. Peaceful location."
T** W***
Google Review     |   09 May 2021
5
"Best out of best , clean , maintain"
N**** T***** V***
Google Review     |   17 Oct 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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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.
Unit Mix

Sales Transaction of PARK EAST (Limited to 10)

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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 PARK EAST

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 PARK EAST

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
$2,800,000

    • 3 beds
    • 3 baths
    • Condominium
    • D15
    • 1994
    • Freehold
    • S$ 1,600 psf
    • Jalan Tua Kong
    Priscillin Lim
    send_enquiry
    thumb-images
    10
    $2,100,000

      • 2 beds
      • 2 baths
      • Condominium
      • D15
      • 1994
      • Freehold
      • S$ 2,410 psf
      • Jalan Tua Kong
      Felicia Quek
      send_enquiry
      thumb-images
      10
      $3,200,000

        • 4 beds
        • 4 baths
        • Condominium
        • D15
        • 1994
        • Freehold
        • S$ 1,620 psf
        • Jalan Tua Kong
        Lynn Ong
        send_enquiry
        thumb-images
        10
        $3,000,000

          • 3 beds
          • 4 baths
          • Condominium
          • D15
          • 1994
          • Freehold
          • S$ 1,440 psf
          • Jalan Tua Kong
          Lincoln Heng
          send_enquiry
          thumb-images
          10
          $2,750,000

            • 3 beds
            • 3 baths
            • Condominium
            • D15
            • 1994
            • Freehold
            • S$ 1,600 psf
            • Jalan Tua Kong
            Yeo Aaron
            send_enquiry

            View More
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