PARC CENTROS
PUNGGOL CENTRAL · District 19 · 99 yrs lease commencing from 2012
Median Price
S$1.2M
Price Range
S$618K - S$3.9M
Tenure
Leasehold
Avg Rent
S$4.76 psf
PARC CENTROS Price Analysis
PARC CENTROS is a leasehold development on PUNGGOL CENTRAL in District 19 (Serangoon/Hougang). According to URA transaction records, 138 private residential transactions have been recorded at this development, with a median price of S$1,200,000. Prices range from S$618K for the smallest units to S$3.9M for premium configurations.
The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$674,000. Larger units (5+ bed (170+ sqm)) trade at S$3,075,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at PARC CENTROS. High-floor units (16-20) command a median of S$2,315,000, while low-floor units (01-05) sell for S$1,070,000. That is a 116% premium for higher floors, worth S$1.2M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, PARC CENTROS commands an average of S$4.76 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.1%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$674K | 44 sqm | 34 |
| 1-Bed (50-70 sqm) | S$795K | 53 sqm | 3 |
| 2-Bed (70-100 sqm) | S$1.2M | 80 sqm | 58 |
| 3-Bed (100-130 sqm) | S$1.7M | 114 sqm | 35 |
| 4-Bed (130-170 sqm) | S$2.4M | 154 sqm | 6 |
| 5+ Bed (170+ sqm) | S$3.1M | 228 sqm | 2 |
FAQ
What is the average price of PARC CENTROS?
The median transaction price at PARC CENTROS is S$1,200,000, based on 138 URA-recorded transactions. Prices range from S$618K to S$3.9M.
Does floor level affect prices at PARC CENTROS?
Yes. High-floor units (16-20) sell for a median of S$2,315,000, while low-floor units (01-05) sell for S$1,070,000. That is a 116% premium for higher floors.
What is the rental rate at PARC CENTROS?
The average rental rate at PARC CENTROS is approximately S$4.76 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.