Overview & Key Facts
PARKWAY VIEW is a condominium at MARINE PARADE in District 15 (RCR), developed by MARABEL INVESTMENTS PTE LTD, comprising 26 units, completed in 1992.
Location & Connectivity
PARKWAY VIEW is approximately 190m from Marine Parade MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Parade | Thomson-East Coast Line | 190m |
| Marine Terrace | Thomson-East Coast Line | 1.1 km |
| Tanjong Katong | Thomson-East Coast Line | 1.1 km |
Schools & Education
10 schools within 2 km (7 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 440m |
| Canadian International School (Tanjong Katong) | International | 660m |
| Broadrick Secondary School | Secondary | 740m |
| EtonHouse International School (Broadrick) | International | 740m |
| Tanjong Katong Girls' School | Secondary | 750m |
| Tao Nan School | Primary | 790m |
| Tanjong Katong Primary School | Primary | 870m |
| Haig Girls' School | Primary | 1.3 km |
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
Lease Analysis
With 65 years remaining on its 99-year lease, PARKWAY VIEW still qualifies for full bank financing and CPF usage.
What Could Work Against You
- The 26-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 34+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
This is a strong match for mrt-walkable commuters, yield-focused investors, en-bloc speculators and boutique low-density (<100 units). Located ~190m from Marine Parade MRT, this property is a comfortable daily walk for transit commuters.
For p1 school balloting families and light renovation budget, it can work — but weigh the trade-offs before committing.
It is a weaker fit for long-term hold (10+ yr), cpf-only buyers and resort facilities — other options likely serve them better. Tenure and location resilience suit long-horizon ownership.
Verdict
PARKWAY VIEW is a development in District 15 (RCR), with 26 units.
Explore the full PARKWAY VIEW dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PARKWAY VIEW against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (180m away)
- Geylang — 4-room average $761,443 (1.2 km away)
FAQ
What is the average PSF for PARKWAY VIEW?
Is PARKWAY VIEW freehold?
What is the rental yield for PARKWAY VIEW?
Which MRT is nearest to PARKWAY VIEW?
Sources & Next Steps
- PARKWAY VIEW Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 0 transactions
- Rental data: 66 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.