Parkway View

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  3
 0
 0

Sale Price *

Average
S$ 1,644 psf
Range
S$ 1,644 - 1,644 psf

Rental Price **

Average
S$ 3.8 psf pm
Range
S$ 2.5 - 4.6 psf pm

Rental Yield **

2.8%

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

Amenities

4.3
4.3

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
Parkway View is a freehold apartment. The development occupies a land area of 2,396 sqm and a Gross Floor Area of 5,028 sqm. It consists of 26 units. According to records, buyers of this development are Singaporean 50.0%, PR 11.1%, Foreigner 33.3%, Company 5.6%.

PARKWAY VIEW is located along Marine Parade Road in Marine Parade, in District 15. It is accessible through the nearest MRTs including Marine Parade TE26 and Amber TE25.

Based on transaction data in the last 12 months, sale prices range from S$ 1,644 psf to S$ 1,644 psf at an average of S$ 1,644 psf. Its highest recorded transaction was S$ 1,030 psf in Apr 2011 for a 1,776-sqft unit. Its lowest recorded transaction was S$ 422 psf in Jan 2004 for a 1,776-sqft unit. Its current rental yield is at 2.8%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): ROXY SQUARE, KATONG PLAZA, PARKWAY PARADE.

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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1
"I went for a unit viewing for Rental. The building is far from being a condominium, as they say. It has not any amenities. Its old and lacks cleaning and maintenance. As theres an old construction, the Units are spacious but still doesn't worth paying what they ask. The location is pretty good but it is facing construction and it must be noisy for sure."
S**** I******
Google Review     |   13 Jan 2022
4
"Superb View to Sea from here"
A****** C*******
Google Review     |   19 May 2021
1
"I live here - The overall maintenance of this condo has deteriorated over time and the management does not pay attention to regular upkeep. Off late they have cut down on manpower like security personnel at the gate causing more inconvenience to tenants."
A*** G*****
Google Review     |   06 Mar 2021
3
"Old, but big places"
N****** G******
Google Review     |   17 May 2020
5
"Very nice place to live. Good amenities and security"
J*** P*** M*********
Google Review     |   18 Jul 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
No data
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 PARKWAY VIEW (Limited to 10)

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Asking Price of PARKWAY VIEW

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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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 PARKWAY VIEW

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Unit Size (Sqft)
Monthly Rent (S$)
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Monthly Rent (Est. S$ psf)
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Type
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Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
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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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