Overview & Key Facts
PARRY PARK is a 999 yrs lease commencing from 1877 condominium at PARRY TERRACE in District 19 (OCR), developed by PARRY PARK DEVELOPMENT PTE LTD, comprising 99 units, completed in 1991.
Location & Connectivity
PARRY PARK is approximately 1130m from Kovan MRT station.
| Station | Line | Distance |
|---|---|---|
| Kovan | North-East Line | 1.1 km |
Schools & Education
21 schools within 2 km (7 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Yangzheng Primary School | Primary | 270m |
| Rosyth School | Primary | 290m |
| Xinghua Primary School | Primary | 520m |
| Xinmin Secondary School | Secondary | 650m |
| Xinmin Primary School | Primary | 670m |
| Townsville Primary School | Primary | 770m |
| Serangoon Secondary School | Secondary | 970m |
| Holy Innocents' High School | Secondary | 1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 18 | $2,148 psf | $3,580,765 |
| 5+ BR | 3 | $1,421 psf | $4,799,333 |
Market Position
PARRY PARK has recorded 21 sales at an average price of $3,754,846.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 6 | $1,678 psf | — |
| 2022 | 3 | $2,010 psf | ↑ 19.8% |
| 2023 | 2 | $2,431 psf | ↑ 20.9% |
| 2024 | 4 | $2,264 psf | ↓ 6.9% |
| 2025 | 4 | $1,953 psf | ↓ 13.7% |
| 2026 | 2 | $2,545 psf | ↑ 30.3% |
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PARRY PARK prices sit at a fresh series high after a 30.3% gain on the prior period, now 51.6% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,751 psf | 869 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,595 psf | 642 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 602 |
| SERANGOON GARDEN ESTATE | Freehold | $1,757 psf | 487 |
Lease Analysis
With 64 years remaining on its 99-year lease, PARRY PARK still qualifies for full bank financing and CPF usage.
What Could Work Against You
- Only 6 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.
- Completed in 1991, the development is over 35 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
The profile fits car-owning households, long-term hold (10+ yr) and freehold / generational hold best. Parking and arterial road access matter more here than walking-distance MRT.
en-bloc speculators should treat this as a shortlist candidate, not a default choice.
yield-focused investors and short-term flippers (<5 yr) should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
PARRY PARK is a 999 yrs lease commencing from 1877 development in District 19 (OCR), with 99 units, offering a gross yield of 1.9%.
At ~$2,150 psf, it represents a competitive entry point in the OCR segment.
Explore the full PARRY PARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PARRY PARK against staying public? These HDB towns sit within walking or short-drive distance:
- Serangoon — 4-room average $685,706 (270m away), an upgrader gap of about $3,050,000
- Hougang — 4-room average $630,510 (420m away), an upgrader gap of about $3,100,000
- Ang Mo Kio — 4-room average $724,816 (2 km away), an upgrader gap of about $3,050,000
FAQ
What is the average PSF for PARRY PARK?
Is PARRY PARK freehold?
What is the rental yield for PARRY PARK?
Which MRT is nearest to PARRY PARK?
Sources & Next Steps
- PARRY PARK Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 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: 21 transactions
- Rental data: 17 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 21 records analysed · Source: URA private-sale caveats