EASTWOOD PARK Review

Condo Review 5 min read Last reviewed
District 16 · 99 yrs lease commencing from 1995 · Completed 1997
~$1,091Avg PSF (12-month)
8Total units
Category Ratings
Walkability
4.5
Investment
4.1
En-Bloc Potential
5.8
ShiokNest Score
3.5

Overview & Key Facts

EASTWOOD PARK is a 99 yrs lease commencing from 1995 condominium at EASTWOOD PLACE in District 16 (OCR), developed by E JUAN INVESTMENT PTE LTD, comprising 8 units, completed in 1997.

Developer
E JUAN INVESTMENT PTE LTD
Tenure
99 yrs lease commencing from 1995
Total units
8
TOP year
1997
District
16 — OCR
Street
EASTWOOD PLACE
Lease remaining
~68 years (of 99)

Location & Connectivity

EASTWOOD PARK is approximately 600m from Tanah Merah MRT station, with 3 stations within 1.5 km.

MRT stations near EASTWOOD PARK
StationLineDistance
Tanah MerahEast-West Line600m
Sungei BedokThomson-East Coast Line1.2 km
SimeiEast-West Line1.5 km

Schools & Education

13 schools within 2 km (5 within 1 km priority zone).

Schools near EASTWOOD PARK
SchoolTypeDistance
Casuarina Primary SchoolPrimary410m
Ping Yi Secondary SchoolSecondary630m
Fengshan Primary SchoolPrimary680m
Bedok North Secondary SchoolSecondary680m
Bedok Green Primary SchoolPrimary810m
Bedok View Secondary SchoolSecondary1 km
Park View Primary SchoolPrimary1.1 km
Yu Neng Primary SchoolPrimary1.2 km

Market Position

EASTWOOD PARK has recorded 7 sales at an average price of $2,914,111.

EASTWOOD PARK sits at the 13th percentile of District 16 condo PSF.
$1,091 psf
Avg PSF (12mo)
$2,914,111
Avg Price
3.2%
Gross Yield
7
Total Sales

Price Appreciation

PSF trend for EASTWOOD PARK
YearSalesAvg PSFYoY
20212$931 psf
20222$1,079 psf↑ 15.9%
20231$1,093 psf↑ 1.3%
20251$1,173 psf↑ 7.3%
20261$1,010 psf↓ 13.9%

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EASTWOOD PARK prices have cooled 13.9% from the 2025 peak, yet remain 8.4% above where the series began in 2021.

Price Index Check

The ShiokNest Price Index for District 16 reads 130.8 as of June 2026 — up 7.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 16 competitors
CondoTenureAvg PSFSales
PINERY RESIDENCES99 years leasehold$2,551 psf551
VELA BAY99 years leasehold$2,869 psf371
SCENECA RESIDENCE99 yrs lease commencing from 2021$2,085 psf270
THE BAYSHORE99-year leasehold$1,237 psf251
THE GLADES99 yrs lease commencing from 2013$1,615 psf230

Lease Analysis

With 68 years remaining on its 99-year lease, EASTWOOD PARK still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • About 68 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
  • Only 2 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 8 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for car-owning households, p1 school balloting families and boutique low-density (<100 units). Parking and arterial road access matter more here than walking-distance MRT.

long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

short-term flippers (<5 yr) and cpf-only buyers should probably look elsewhere. TOP 1997 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

EASTWOOD PARK is a 99 yrs lease commencing from 1995 development in District 16 (OCR), with 8 units, offering a gross yield of 3.2%.

At ~$1,091 psf, it represents a competitive entry point in the OCR segment.

Explore the full EASTWOOD PARK dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing EASTWOOD PARK against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (340m away), an upgrader gap of about $2,250,000
  • Tampines — 4-room average $683,199 (820m away), an upgrader gap of about $2,250,000

FAQ

What is the average PSF for EASTWOOD PARK?
The 12-month average is approximately $1,091 psf.
Is EASTWOOD PARK freehold?
EASTWOOD PARK has a 99 yrs lease commencing from 1995 tenure with ~68 years remaining.
What is the rental yield for EASTWOOD PARK?
The estimated gross yield is 3.2%.
Which MRT is nearest to EASTWOOD PARK?
The nearest is Tanah Merah MRT at 600m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 7 transactions
  • Rental data: 6 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of January 2026

Latest recorded data point: Jan 2026 · 7 records analysed · Source: URA private-sale caveats

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