Price & Discounts

ParkTown Residence Price

 

ParkTown Residence Price

Developer Price List, Unit Types and Unit Sizes for ParkTown Residence.


 
Prices quoted are nett pricing after developer discounts, released by Topaz Residential Pte. Ltd., the joint venture of CapitaLand Development, UOL Group Limited and Singapore Land Group Limited. There is no buyer’s commission.

Last Updated: 14th October 2026

TypeArea Size (From)Area Size (To)Price (From)Price (To)Available UnitsTotal UnitsMaintenance Fee (est)
1 Bedroom + Study463 sqft506 sqftFully SoldFully Sold073$362 / mth
2 Bedroom592 sqft592 sqftFully SoldFully Sold0160$442 / mth
2 Bedroom Premium678 sqft721 sqftFully SoldFully Sold0292$442 / mth
2 Bedroom Premium + Study764 sqft764 sqftFully SoldFully Sold0134$442 / mth
3 Bedroom926 sqft947 sqftFully SoldFully Sold0135$442 / mth
3 Bedroom Premium1,055 sqft1,076 sqftFully SoldFully Sold0158$442 / mth
3 Bedroom Premium + Study1,163 sqft1,184 sqftFully SoldFully Sold0115$514 / mth
4 Bedroom1,335 sqft1,356 sqftFully SoldFully Sold057$514 / mth
4 Bedroom Premium1,485 sqft1,496 sqft$3,322,000$3,677,0001747$514 / mth
5 Bedroom Premium1,679 sqft1,679 sqft$3,858,000$4,151,000822$587 / mth
Total251,193

 

Understanding ParkTown Residence Pricing

 

ParkTown Residence spans 39 named layouts across ten price bands and 1 to 5 bedrooms, from a 463 sqft 1-Bedroom + Study to a 1,679 sqft 5-Bedroom Premium. Counting the Private Enclosed Space variants as separate designations gives 59 rather than 39; 41 units carry that suffix. Layout count, band count and bedroom count are three different numbers, and the table above is keyed to the ten bands.

 

What the Land Cost, and Why That Matters

The site was tendered through the Government Land Sales programme as land parcel Tampines P17. The tender launched on 23 Dec 2022, closed on 27 Jun 2023 and was awarded on 11 Jul 2023 at $1,206,390,880, from three bids received. Against a permissible gross floor area of 126,700 sqm, that works out at approximately $885 per square foot per plot ratio.

 

Why the Square Footage Is Not Comparable to Older Stock

ParkTown Residence falls under the harmonised strata area rules. The test is the Government Land Sales trigger: a site launched for sale on or after 1 September 2022, and this parcel launched on 23 Dec 2022. The other route into the same rules is a development application submitted on or after 1 June 2023.

What that changes is what is inside the quoted size. Air-conditioner ledges and non-load-bearing reinforced concrete ledges are marked as non-strata and sit outside the area a buyer pays for, and strata voids are excluded from the strata area computation. A quoted 1,066 sqft here is liveable floor area.

The consequence for anyone comparing prices is direct: a figure per square foot against a development on the older basis is not like-for-like, because the older figure can include service voids and ledges that cannot be walked on. The comparison has to be adjusted before it means anything.

 


 

What the Price Includes

 

Kitchens are fitted with Bosch, Samsung and Vintec appliances across thirteen provisions, stepped across seven band groupings rather than supplied uniformly: 1-Bedroom + Study with 2-Bedroom; 2-Bedroom Premium with 2-Bedroom Premium + Study; the 3-Bedroom C1 layout on its own; the 3-Bedroom C2 to C5 layouts together; 3-Bedroom Premium with 3-Bedroom Premium + Study; 4-Bedroom with 4-Bedroom Premium; and the 5-Bedroom Premium on its own.

Interior finishes step across three tiers, and the tiers do not group the range the same way the appliance schedule does. Tier 1 covers the AS, B, BP and BPS layouts and every C layout. Tier 2 covers the CP, CPS, D and DP layouts. Tier 3 covers E1, the 5-Bedroom Premium, alone. Because the two schedules are grouped differently, a provision confirmed for a band under one of them cannot be assumed for the same band under the other.

Tier 2 and Tier 3 units step up on the specification that shows: polished rather than matt tiling, timber rather than vinyl bedroom flooring, and a longer master wardrobe, 1400 mm against 1350 mm at 650 mm deep. Each tier carries its own unit palette, assigned by tier rather than chosen by the buyer. The ParkTown Residence buyer’s guide sets out the full provision matrix band by band.

 

Maintenance Fees at ParkTown Residence

Maintenance is charged by share value rather than by floor area, at about $8.035 per share value per month. That produces $362 for the 1-Bedroom + Study at share value 45; $442 for every band at share value 55, which runs from the 2-Bedroom through to the 3-Bedroom Premium; $514 for the 3-Bedroom Premium + Study, 4-Bedroom and 4-Bedroom Premium at share value 64; and $587 for the 5-Bedroom Premium at share value 73.

Two points sit behind those figures. The fee begins at completion rather than at purchase, and it stays an estimate until the management corporation is constituted after legal completion, at which point the owners set the budget. And what it covers is the residential common property and the 70 facilities on the second storey landscape deck. The retail mall, the hawker centre, the community club and the bus interchange on the first storey belong to the separately owned commercial component and carry no share of it.

 

Stamp Duty, ABSD and the Total Purchase Cost

 

Both stamp duties are payable in cash within 14 days of signing the Option to Purchase or the Sale and Purchase Agreement, whichever comes first. Neither can be financed, so both sit outside the loan and have to be budgeted on top of the price in the table.

Buyer’s Stamp Duty is charged on a tiered structure, on the higher of the purchase price or the market value assessed by IRAS. The top marginal band applies to any amount above $3,000,000, which the 4-Bedroom Premium and 5-Bedroom Premium bands cross at ParkTown Residence.

Additional Buyer’s Stamp Duty turns on residency status and on how many residential properties are already owned. Singapore Citizens buying a first residential property do not pay it; the rate rises for subsequent properties, and for Permanent Residents and foreign buyers. Married couples where at least one spouse is a Singapore Citizen may be able to claim remission on a second property, subject to conditions that include selling the first within the prescribed timeframe. A figure cannot be quoted without knowing the buyer’s own profile.

Separately, the Total Debt Servicing Ratio caps total monthly debt obligations at 55% of gross monthly income, across every loan held rather than this one alone. It is usually the constraint that sets the loan quantum, not the price of the unit. The ParkTown Residence mortgage loan calculator works the downpayment and instalment through against a specific profile.

 

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ParkTown Residence

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