Parktown Residence

Unit Mix

The residential towers of ParkTown Residence sit atop an elevated podium on the second storey, approximately 8 to 10 metres above street level, effectively separating the homes from the commercial and public spaces below to ensure exclusivity and privacy. The development comprises 12 residential blocks ranging between 6 and 12 storeys, with a low-density design that minimises visual obstruction between blocks. With a total of 1,193 residential units, it offers residents a spacious and comfortable living environment.

Official Guide Prices

Location

Tampines North’s First Integrated Development Set to Launch, Shaping a New Regional Landmark

CapitaLand Development, in partnership with UOL Group and Singapore Land Group, marks its maiden joint venture to develop ParkTown, a mega integrated development in Tampines North.

ParkTown is poised to become Tampines’ first fully integrated mixed-use development and a defining regional landmark. According to UOL, this development is not only a vibrant new highlight for the Tampines Regional Centre, but also the largest among nine integrated developments directly connected to transport nodes, including a bus interchange and MRT station, offering unmatched commuter convenience.

Mega-Scale Project Delivering an All-in-One Lifestyle

Occupying a 545,314 sq ft 99-year leasehold site, the developer consortium was awarded the land parcel under the Government Land Sales (GLS) programme in July 2023 with a top bid of S$1.206 billion (S$885 psf per plot ratio). Boasting a gross floor area (GFA) of over 1.36 million sq ft, the development encompasses residential, commercial, transport, and community spaces to deliver seamless urban living.

As an integral component of the Tampines North development blueprint, ParkTown Residence will not only deliver quality homes, but also catalyse the growth of the surrounding precinct. It represents an exceptional opportunity for homebuyers seeking a well-connected, highly liveable environment within a mature estate.

Tampines’ First Integrated Development: Where Convenience Meets Green Living

Jointly developed by CapitaLand Development, UOL Group, and Singapore Land Group, ParkTown will be Tampines’ first fully integrated development, seamlessly combining residential, commercial, transport, recreational, and community amenities to emerge as the new focal point of the Tampines Regional Centre.

All-in-One Lifestyle Hub for a Seamless Community

ParkTown will feature a 146,390 sq ft retail mall accommodating up to 120 shops, including cafes, restaurants, essential services, enrichment centres, and a supermarket, offering residents a rich spectrum of shopping and lifestyle choices. Additionally, the ground level will house a Community Club fostering resident interaction, a Community Plaza providing an open social and leisure space, a Hawker Centre catering to diverse dining needs, and a brand-new Bus Interchange set to become one of Singapore's largest transport hubs.

Notably, direct underground links at Basement 2 will connect seamlessly to the upcoming Tampines North MRT station on the Cross Island Line (CRL), providing residents with effortless transit connectivity.

CapitaLand Development noted that ParkTown epitomises convenience, connectivity, and liveability, allowing residents to enjoy a comprehensive suite of daily conveniences all under one roof.

Central Green Boulevard Offering a Biophilic, Liveable Setting

A signature highlight of ParkTown is its 50-metre-wide Green Boulevard running through the development, featuring sheltered walkways with direct connections to the mall, hawker centre, and bus interchange. UOL highlighted that ParkTown is Tampines’ first major launch this year, with its integrated development concept standing out as a premier market attraction.

The Green Boulevard seamlessly links to the 13-hectare Tampines Boulevard Park and extends via park connectors to natural sanctuaries like Tampines Eco Green, Sungei Api Api, and Sungei Tampines—the latter transformed under PUB’s Active, Beautiful, Clean Waters (ABC Waters) Programme in 2015 into an ecologically rich, scenic waterway.

Residents will also benefit from an expanding cycling network connecting directly to Pasir Ris, East Coast Park, and the Round Island Route, offering cycling enthusiasts healthy, sustainable commuting options.

CapitaLand's Proven Track Record in Integrated Developments

Beyond being a co-developer, CapitaLand Development will also manage the retail mall at ParkTown. The group has an established track record in successful integrated developments, having delivered landmarks such as Bedok Mall & Bedok Residences, as well as Sengkang Grand Mall & Sengkang Grand Residences.

Forging the New Heart of Tampines North: An Exciting Living Experience

As Tampines' first integrated development, ParkTown Residence is set to elevate the precinct's living standards, presenting buyers with premium residences combining lifestyle convenience, lush greenery, and seamless connectivity. As the Tampines North master plan unfolds, ParkTown Residence is well-positioned to be one of the most coveted addresses in the East.

Low-Density, Expansive Green Sanctuary: Private Yet Connected Living

As an integral component of this mega integrated hub in Tampines, ParkTown Residence combines an exclusive low-density design with thoughtful spatial planning, giving residents expansive views and high levels of privacy.

Elevated Residences for Privacy and Exclusivity

The residential towers of ParkTown Residence sit atop an elevated podium on the second storey, approximately 8 to 10 metres above street level, effectively separating the homes from the commercial and public spaces below to ensure exclusivity and privacy. The development comprises 12 residential blocks ranging from 6 to 12 storeys, with a low-density design that minimises visual obstruction between blocks. Comprising 1,193 residential units in total, it offers residents a spacious and serene retreat.

East and West Wings with Shared Facilities

The residential enclave is bisected by the Green Boulevard into two zones: Park East and Park West. Each precinct features its own comprehensive suite of facilities, including clubhouses, swimming pools, and gymnasiums. Linked by two pedestrian bridges, residents can effortlessly traverse both sides to enjoy the shared amenities, enhancing lifestyle variety and everyday convenience.

Comprehensive Facilities Harmonised with Nature

Renowned architectural and landscape firm Henning Larsen masterminded the landscape design, drawing inspiration from riverside greenery, lush canopies, and cascading terraces. Abundant green spaces blend harmoniously with contemporary architecture to craft a tranquil 'urban oasis'.

Within this lush sanctuary, residents can indulge in: 6 swimming pools (including a 50-metre lap pool), 8 landscaped gardens, 6 dining pavilions and 6 function rooms, 6 fitness facilities and karaoke rooms, an outdoor amphitheatre, a tennis court, and a multi-purpose court (suitable for squash or badminton).

Generous Spacing, Unblocked Views, and Scenic Outlooks

With building-to-building distances of up to 119 metres, the generous spatial layout minimises overlooking and maximises open views. This thoughtful design ensures an open, airy living experience.

A majority of units enjoy unblocked views of the pools or landscaped gardens. The developers emphasised that this planning balances scenic enjoyment with enhanced exclusivity, allowing every resident to savour tranquillity amidst urban bustle.

With its low-density layout and generous biophilic design, ParkTown Residence is poised to be an exceptional residential choice in Tampines.

Preview Commences 7 February, Official Launch on 22 February, Prices from S$2,135 psf

ParkTown Residence will open for preview on 7 February at 2 pm, with the official launch slated for 22 February. As Tampines' first integrated development, ParkTown Residence is anticipated to draw keen interest, particularly from homebuyers seeking a home within a mature estate.

Diverse Unit Layouts to Cater to Every Need

The project offers 1,193 residential units, with 2- and 3-bedroom configurations comprising 83% of the total mix, catering perfectly to owner-occupiers and investors alike. The breakdown of unit types and sizes is as follows:

1-Bedroom + Study (from 463 sq ft)

2-Bedroom (592 to 764 sq ft) – 589 units (49%)

3-Bedroom (926 to 1,163 sq ft) – 408 units (34%)

4-Bedroom (from 1,335 sq ft)

5-Bedroom (Premium) (1,679 sq ft)

Positive Market Sentiment Expected Driven by Integrated Advantage

ParkTown Residence is expected to see robust demand. In recent years, market appetite for residences within integrated developments has remained consistently strong. With its diverse unit mix and comprehensive lifestyle amenities, ParkTown Residence presents a compelling value proposition.

"The New Tampines" – The Master Plan for Tampines North

Tampines North was unveiled by the Housing & Development Board (HDB) in September 2013 at the "Future Homes, Better Lives" exhibition as one of three new development areas. Capitalising on its surrounding greenery and proximity to Tampines Regional Centre, HDB planned the precinct into an attractive, highly liveable residential enclave.

Tampines Regional Centre: The Economic Powerhouse of the East

Earmarked by the Urban Redevelopment Authority (URA) in 1992 as Singapore's very first regional centre, Tampines Regional Centre has since blossomed into the primary commercial and lifestyle hub of the East, driving robust local employment and economic growth. The precinct currently houses several key commercial landmarks and office buildings, including:

OCBC Tampines Centre One

Abacus Plaza

CPF Tampines Building

In addition, the trio of shopping malls clustering around Tampines MRT station—Tampines Mall, Tampines 1, and Century Square—provides residents with an all-encompassing suite of retail and leisure amenities, further cementing the area's appeal.

Well-Established Transport Infrastructure with Ongoing Upgrades

As one of Singapore’s most thriving regional centres, Tampines enjoys an exceptional blend of commercial, retail, and connectivity infrastructure. Today, it boasts a mature transport network anchored by three operational MRT stations (Tampines, Tampines East, and Tampines West), an extensive bus feeder network, and the upcoming Tampines North MRT station on the Cross Island Line (CRL).

Future Rejuvenation Plans

At an exhibition on the future development of Singapore's economic gateways held in October 2023, URA unveiled rejuvenation plans for Tampines Regional Centre. These include introducing new integrated mixed-use developments around the existing Tampines Bus Interchange and MRT station that seamlessly combine residential spaces, retail, and transport hubs. These initiatives will further elevate Tampines' liveability and provide strong capital appreciation support for Parktown Residence.

As the master plan for Tampines North steadily materialises, Parktown Residence is poised to become a landmark residential development in the precinct, offering prospective buyers an ideal home that balances day-to-day convenience with high growth potential.

Parktown Residence: An Integrated Development with Long-Term Capital Upside

Market observers believe that Parktown Residence will not only reap the benefits of Tampines North's ongoing transformation, but also enjoys sustained long-term capital appreciation. Drawing from the strong resale track record of Treasure at Tampines and the proven success of integrated developments with transport hubs in recent years, mega integrated projects consistently exhibit strong price resilience and capital appreciation, backed by high transaction liquidity and compelling investment appeal.

Multiple Economic Growth Engines Fueling Long-Term Property Values

The investment upside of Parktown Residence is driven not only by its integrated convenience, but also by its close proximity to several expanding commercial hubs across the East:

The Eastern Gateway: Expansion of Changi Aviation Park, the continued growth of Changi Airport, ongoing development across Changi Business Park, and the future Changi East Urban District.

These key economic clusters will generate an influx of quality jobs and bolster housing demand, positioning Parktown Residence as a prime residential development poised for long-term growth.

Proximity to Punggol Digital District (PDD): Set to welcome its first batch of enterprises this year, PDD is expected to draw a high concentration of tech firms and skilled professionals, generating robust tenant demand across the Eastern and North-Eastern private residential markets.

Reputable Schools Nearby Appeal to Family Buyers

Parktown Residence is surrounded by a wealth of educational institutions, making it an exceptional choice for families. Nearby tertiary and post-secondary institutions include the Singapore University of Technology and Design (SUTD), Temasek Polytechnic, Tampines Meridian Junior College, and ITE College East.

Furthermore, an array of primary and secondary schools, alongside prestigious international institutions such as United World College of South East Asia (UWCSEA), cater to diverse family educational needs.

Comprehensive Commercial, Lifestyle, and Recreational Amenities

Residents at Parktown Residence will enjoy unparalleled day-to-day convenience with an array of nearby amenities, including:

Mega Retail Parks: IKEA Tampines, Courts Megastore, Giant Hypermarket, and the home furnishings cluster at TSpace@Tampines.

Recreation & Leisure: World-class retail and dining at Jewel Changi Airport, alongside outdoor retreats at Pasir Ris Park, Changi Village, and Bedok Reservoir Park.

These amenities not only elevate residents' quality of life, but also bolster the development’s rental appeal and investment viability.

Broad-Based Demand from East and North-East Buyers

Parktown Residence is set to draw strong interest from first-time homebuyers, savvy investors, and HDB upgraders, particularly those hailing from mature eastern estates like Tampines, Pasir Ris, and Bedok, as well as bustling north-eastern towns such as Punggol and Sengkang.

As a comprehensive mega integrated development featuring direct MRT and bus interchange connectivity paired with extensive retail and lifestyle amenities, demand for Parktown Residence extends far beyond local catchment areas, appealing to a much wider demographic across the island.

In summary, Parktown Residence's prime connectivity, holistic amenities, economic fundamentals, rich educational ecosystem, and future transformation make it a standout integrated residential development with immense long-term value appreciation potential.

Floor Plans

1 BEDROOM + STUDY

2 BEDROOM

2 BEDROOM PREMIUM

2 BEDROOM PREMIUM + STUDY

3 BEDROOM

3 BEDROOM PREMIUM

3 BEDROOM PREMIUM + STUDY

4 BEDROOM

4 BEDROOM PREMIUM

5 BEDROOM PREMIUM