D18 - Tampines, Pasir Ris
1190
CONDO
99 YEARS
Parktown Residence is an exciting new development located in the heart of Tampines, one of Singapore’s most dynamic and well-connected neighborhoods. Developed by a consortium of UOL Group, CapitaLand, and Singapore Land (SingLand), this project will bring a vibrant mix of residential, commercial, and community spaces to the area.
The development site at Tampines Avenue 11 was acquired for $1.206 billion, with the winning bid equating to $885 per square foot per plot ratio (psf ppr). The land spans an expansive 545,314 square feet and is designated for a 99-year leasehold tenure.
Designed as a mixed-use development, Parktown Residence will combine both residential and commercial spaces, along with community amenities such as a bus interchange, community club, and hawker centre. This integrated approach aims to provide a well-rounded, convenient living experience for future residents.
CapitaLand will hold a 50% stake in the joint venture, with UOL Group and SingLand each sharing the remaining 50%, reflecting the collaborative efforts of these industry leaders in shaping this exciting new development at Tampines Avenue 11.
In a press release on June 27, the joint venture partners revealed plans for Parktown Residence, which will include approximately 1,190 new homes along with a variety of retail and community amenities. These spaces are specifically designed to cater to the evolving lifestyle needs of the growing residential community in Tampines North.
The development is strategically located near two executive condominium sites: one at Tampines Street 62, which is currently up for tender, and the recently launched 618-unit Tenet located just a short distance away.
Parktown Residence will help address the strong demand for private housing in the Outside Central Region, providing a much-needed supply of mass-market homes. The project is expected to appeal to both owner-occupiers and HDB upgraders looking for quality homes with easy access to amenities. Additionally, the development will be well-connected to the future Tampines North MRT station on the upcoming Cross Island Line (CRL), further enhancing its accessibility and appeal.
Parktown Residence is an upcoming integrated condominium development that is set to become a landmark in the rapidly evolving Tampines North district. This visionary project, a collaboration between UOL Group, CapitaLand, and Singapore Land (SingLand), offers an unparalleled living experience thanks to its strategic location and seamless connectivity to key transport links.
A major highlight of the development is its proximity to the Tampines North MRT Station, which will serve as a key stop on the Cross Island Line (CRL). This new station will provide residents with direct access to essential destinations like the Central Business District (CBD), Jurong Lake District, and Changi Airport. With this connectivity, daily commutes to major employment hubs and leisure areas will be made effortless. Additionally, the Downtown Line station and an integrated bus interchange will further enhance mobility within the estate and beyond.
For residents who prefer to drive, Parktown Residence benefits from its close access to several major expressways. The Pan-Island Expressway (PIE) offers a direct route to central Singapore, while the Tampines Expressway (TPE) connects to northeastern regions like Punggol and Seletar. The Kallang-Paya Lebar Expressway (KPE) also facilitates easy access to the city center, further expanding commuting options. The development is also strategically located along Tampines Avenue 11, offering convenient access to nearby amenities such as Tampines Mall, Century Square, and Our Tampines Hub.
Residents of Parktown Residence will enjoy unparalleled convenience with a wide range of shopping and dining options nearby. The development itself features an integrated retail podium, bringing a curated selection of shops, restaurants, and essential services right to the doorstep. This means residents can easily access everything they need without leaving home.
Tampines is known for its abundance of shopping centers, and Parktown Residence is perfectly positioned to take advantage of this. Just a short drive away is Tampines Mall, a six-story retail complex featuring over 160 outlets, including popular brands like Uniqlo, Muji, and Cotton On, as well as a diverse array of dining options such as Din Tai Fung and Swensen’s. The mall also includes entertainment facilities like a Golden Village cinema and Timezone arcade.
Adjacent to Tampines Mall is Century Square, which underwent a significant renovation in 2018. This modern, six-story mall caters to families and young adults with brands like Marks & Spencer, Nike, and Cotton On, as well as a variety of dining options like Haidilao Hotpot and Gochi-So Shokudo. For entertainment, Century Square offers a Cathay Cineplex and immersive virtual reality experiences.
For those seeking a more trendy shopping experience, Tampines 1 is a lifestyle mall directly connected to Tampines MRT Station, offering a mix of fashion, dining, and entertainment. Here, you’ll find stores like H&M, Sephora, and The Editor’s Market, along with eateries such as Genki Sushi and Hot Tomato.
Further enriching the retail scene is Our Tampines Hub, Singapore’s largest integrated community and lifestyle hub. The hub features more than 100 retail outlets, a library, a performing arts theater, and various sports facilities like a swimming complex, gym, and futsal courts.
Additional shopping options include Eastpoint Mall near Simei MRT Station and Tampines Retail Park, home to Giant Hypermarket, IKEA, and Courts Megastore. All these retail hubs are easily accessible within a 10-minute drive from Parktown Residence.
Parktown Residence is an excellent choice for families, thanks to its proximity to some of Singapore’s most reputable schools and educational institutions.
Primary Schools:
Secondary Schools:
Tertiary Institutions:
International Schools:
The Urban Redevelopment Authority (URA) has a bold Master Plan for Tampines, aimed at transforming it into a sustainable and highly livable regional hub. This development will bring about significant improvements in infrastructure, green spaces, and amenities, which will directly benefit Parktown Residence.
Key elements of the URA Master Plan include:
Parktown Residence is poised to be a transformative development in the heart of Tampines North, offering residents the best in connectivity, convenience, and quality of life. Its strategic location near key transport hubs, retail centers, and educational institutions makes it a highly desirable address for families, professionals, and investors alike. With its integrated retail podium, proximity to lifestyle amenities, and comprehensive community offerings, Parktown Residence promises to set a new standard for urban living in Tampines North.
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