ParkTown Residence Developer
Topaz Residential Pte. Ltd. and Topaz Commercial Pte. Ltd., a Joint Venture of CapitaLand Development, UOL Group Limited, and Singapore Land Group Limited
ParkTown Residence is developed by Topaz Residential Pte. Ltd., UEN 202324709C, the entity that holds Developer Licence C1513. The commercial component of the same integrated development, ParkTown Tampines, is held by Topaz Commercial Pte. Ltd., UEN 202324713H. Both companies are registered at 101 Thomson Road, #33-00 United Square, Singapore 307591, and both are named on the project account, held with United Overseas Bank Limited as Project Account No. 451-314-037-6. Two vehicles rather than one is the normal structure where a single land parcel carries both a condominium and a commercial component under separate ownership.
The development sits at 1 to 23 Tampines Street 62 in District 18, on Lot 03326X of Mukim 29 fronting Tampines Avenue 11. The residential component holds 1,193 units across 12 blocks, standing 2 of 6/7 storeys, 8 of 11 storeys and 2 of 12 storeys counted above the commercial first storey. The land is 99 years leasehold with effect from 09 Oct 2023, on a site of 50,679.7 sqm, or 545,516 sqft, at a plot ratio of 2.5. Temporary Occupation Permit is expected on 30 Jun 2030 and legal completion on 30 Jun 2033.
The site came to the joint venture through the Government Land Sales programme. Tendered as land parcel Tampines P17, it launched on 23 Dec 2022, closed on 27 Jun 2023 and was awarded on 11 Jul 2023 at $1,206,390,880 against three bids. Set against a permissible gross floor area of 126,700 sqm, that is a land cost of approximately $885 per square foot per plot ratio. Because the parcel launched for sale after 1 Sep 2022, the development falls under the harmonised floor area rules, which is why a square footage quoted here is liveable area rather than a figure inflated by service voids.
The consultant team is P&T Consultants Pte. Ltd. as architect, Henning Larsen Pte. Ltd. as landscape architect and United Tec Construction Pte. Ltd. as main contractor, with TW-Asia Consultants Pte. Ltd. on civil and structural, Rankine & Hill (S) Pte Ltd on mechanical and electrical, Threesixty Cost Management Pte. Ltd. as quantity surveyor and 2nd Edition as interior designer. Conveyancing is handled by Allen & Gledhill LLP, Dentons Rodyk & Davidson LLP, Aptus Law Corporation and Rajah & Tann.
The structure above is not taken on trust. The Building and Construction Authority’s Quality Housing Portal carries a record for this development, listing Topaz Residential Pte. Ltd. and Topaz Commercial Pte. Ltd. as project developer, CapitaLand Ltd, UOL Group Ltd and Singapore Land Group Ltd (SingLand) as developer, United Tec Construction Pte. Ltd. as builder and P&T Consultants Pte. Ltd. as architect. Its CONQUAS entry for the project reads Under Assessment, which is what a pre-completion record shows: a band is awarded on assessment of the finished building, so this development has no score of its own yet and no claim to one is made here. The portal record was last updated on 1 September 2026.
CapitaLand Development
Company Profile
CapitaLand Development is the property development arm of CapitaLand Group, one of Asia’s largest diversified real estate groups. The group is headquartered in Singapore and its portfolio spans more than 270 cities in over 40 countries, split between real asset management under CapitaLand Investment and real estate development under CapitaLand Development. Its development work covers integrated developments, retail, office, lodging, residential and industrial space, extending into business parks, logistics and data centres.
Recent Singapore launches include Canninghill Piers, Sengkang Grand Residences, J’den Condo, Thomson Reserve, Skye at Holland and Lyndenwoods. On the BCA Quality Housing Portal the group is recorded under CapitaLand Ltd and carries a firm-level CONQUAS Band 1, across a track record of seven projects: Sengkang Grand Residences banded 1 on completion in 2025, five still under assessment and one not banded. Three points belong with any band: it describes the firm’s completed work, not this development; it reflects a rolling window of recent completions rather than the whole history; and a pre-completion project carries no band of its own.
Skye at Holland is the detail worth pausing on, because the portal records it as a joint venture of the same three groups building ParkTown Residence. This is not the first time these partners have developed together, which is a different proposition from three companies meeting for the first time on a site of this size.
For more information, visit www.capitaland.com.
UOL Group Limited
Company Profile
UOL Group Limited is a Singapore public-listed property company with over 60 years of history and, on its own reporting, S$22 billion in total assets, 49 owned or managed hospitality properties and operations across 13 countries. Its business runs across residential, commercial, hospitality and purpose-built student accommodation. Its hospitality arm, Pan Pacific Hotels Group Limited, operates the Pan Pacific, PARKROYAL COLLECTION and PARKROYAL brands, and Singapore Land Group Limited, the third partner in this development, is itself a UOL subsidiary.
Recent launches include Watten House, The Tre Ver, The Watergardens at Canberra, AMO Residence, Clavon, Meyer Blue, Dairy Farm Residence and Pinetree Hill.
The BCA Quality Housing Portal records UOL Group Ltd at a firm-level CONQUAS Band 1, over twelve projects: three banded 1, three banded 2, one banded 3 and five under assessment. The banded ones are Clavon and MeyerHouse and Amber 45 at Band 1, and AMO Residence, The Watergardens at Canberra and Avenue South Residence at Band 2. The same three guards apply as above: firm-level, recent completions, and no band for a project still being built.
One detail connects that record directly to this site. United Tec Construction Pte. Ltd., the main contractor here, is the same builder the portal lists on Clavon, which completed in 2024 at CONQUAS Band 1, and on AMO Residence, The Watergardens at Canberra and Avenue South Residence. P&T Consultants Pte. Ltd., the architect here, appears on the same set. This is a team that has worked together repeatedly, which is a more useful quality signal for a buyer than a marketing claim about workmanship.
For more information, visit www.uol.com.sg.
Singapore Land Group Limited
Company Profile
Singapore Land Group Limited, known as SingLand and formerly United Industrial Corporation Limited, has been listed since 1971 and describes itself as shaping Singapore’s skyline for over 60 years. Its own reporting puts S$9.5 billion of commercial assets under management, 5.1 million square feet of net lettable area and 13 commercial and integrated properties. The business spans commercial offices, residential, retail and hospitality. Singapore Land Tower and Marina Square are among the assets it owns and manages, and its registered address at 101 Thomson Road is the same address at which both Topaz vehicles are registered.
On the BCA Quality Housing Portal, Singapore Land Group Ltd (SingLand) carries a firm-level CONQUAS Band 2 across ten projects: one banded 1, three banded 2, one banded 3 and five under assessment. Nine of those ten are shared with UOL Group Limited, which is what a parent and its listed subsidiary developing together looks like on a public register. The three guards on any band apply here too.
For more information, visit www.singaporeland.com.
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