PARKVIEW APARTMENTS
BUKIT BATOK STREET 25 · District 23 · 99 yrs lease commencing from 1994
Median Price
S$950K
Price Range
S$693K - S$1.2M
Tenure
Leasehold
Avg Rent
S$3.37 psf
PARKVIEW APARTMENTS Price Analysis
PARKVIEW APARTMENTS is a leasehold development on BUKIT BATOK STREET 25 in District 23 (Bukit Panjang). According to URA transaction records, 107 private residential transactions have been recorded at this development, with a median price of S$950,000. Prices range from S$693K for the smallest units to S$1.2M for premium configurations.
The development offers units across 2 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$930,000.
Floor level significantly impacts pricing at PARKVIEW APARTMENTS. High-floor units (11-15) command a median of S$972,500, while low-floor units (01-05) sell for S$902,500. That is a 8% premium for higher floors, worth S$70K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, PARKVIEW APARTMENTS commands an average of S$3.37 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.7%.
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 |
|---|---|---|---|
| 2-Bed (70-100 sqm) | S$930K | 89 sqm | 43 |
| 3-Bed (100-130 sqm) | S$1.0M | 104 sqm | 64 |
FAQ
What is the average price of PARKVIEW APARTMENTS?
The median transaction price at PARKVIEW APARTMENTS is S$950,000, based on 107 URA-recorded transactions. Prices range from S$693K to S$1.2M.
Does floor level affect prices at PARKVIEW APARTMENTS?
Yes. High-floor units (11-15) sell for a median of S$972,500, while low-floor units (01-05) sell for S$902,500. That is a 8% premium for higher floors.
What is the rental rate at PARKVIEW APARTMENTS?
The average rental rate at PARKVIEW APARTMENTS is approximately S$3.37 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.