Overview & Key Facts
PARRYVILLE is a 999 yrs lease commencing from 1883 condominium at POH HUAT DRIVE in District 19 (OCR), developed by HONG LEONG HOLDINGS, comprising 49 units, completed in 1990.
Location & Connectivity
PARRYVILLE is approximately 760m from Kovan MRT station, with 2 stations within 1.5 km.
Schools & Education
20 schools within 2 km (10 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Xinmin Primary School | Primary | 330m |
| Xinmin Secondary School | Secondary | 430m |
| Rosyth School | Primary | 520m |
| Holy Innocents' High School | Secondary | 560m |
| Holy Innocents' Primary School | Primary | 590m |
| Yangzheng Primary School | Primary | 680m |
| Townsville Primary School | Primary | 810m |
| St. Gabriel's Primary School | Primary | 830m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 5 | $2,066 psf | $3,757,778 |
| 5+ BR | 1 | $1,711 psf | $3,800,000 |
Market Position
PARRYVILLE has recorded 6 sales at an average price of $3,764,815.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $2,078 psf | — |
| 2022 | 1 | $2,038 psf | ↓ 1.9% |
| 2023 | 1 | $1,787 psf | ↓ 12.4% |
| 2024 | 2 | $1,942 psf | ↑ 8.7% |
| 2025 | 1 | $2,254 psf | ↑ 16.1% |
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PARRYVILLE prices sit at a fresh series high after a 16.1% gain on the prior period, now 8.5% 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 63 years remaining on its 99-year lease, PARRYVILLE still qualifies for full bank financing and CPF usage.
What Could Work Against You
- Only 0 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 49 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1990, the development is over 36 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
This is a strong match for families with young children, car-owning households, p1 school balloting families and long-term hold (10+ yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For en-bloc speculators, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors — other options likely serve them better. 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
PARRYVILLE is a 999 yrs lease commencing from 1883 development in District 19 (OCR), with 49 units, offering a gross yield of 1.8%.
At ~$2,254 psf, it represents a competitive entry point in the OCR segment.
Explore the full PARRYVILLE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PARRYVILLE against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for PARRYVILLE?
Is PARRYVILLE freehold?
What is the rental yield for PARRYVILLE?
Which MRT is nearest to PARRYVILLE?
Sources & Next Steps
- PARRYVILLE 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: 6 transactions
- Rental data: 3 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2025 · 6 records analysed · Source: URA private-sale caveats