PEAKVILLE PARK Review

Condo Review 4 min read Last reviewed
District 16 · Freehold
~$2,529Avg PSF (12-month)
Total units
Category Ratings
Walkability
4.5
Investment
5.0
En-Bloc Potential
1.7
ShiokNest Score
2.9

Overview & Key Facts

PEAKVILLE PARK is a freehold condominium at PEAKVILLE GROVE in District 16 (OCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
16 — OCR
Street
PEAKVILLE GROVE

Location & Connectivity

PEAKVILLE PARK is approximately 760m from Tanah Merah MRT station, with 4 stations within 1.5 km.

MRT stations near PEAKVILLE PARK
StationLineDistance
Tanah MerahEast-West Line760m
Bedok ReservoirDowntown Line1.4 km
Sungei BedokThomson-East Coast Line1.4 km
SimeiEast-West Line1.4 km

Schools & Education

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

Schools near PEAKVILLE PARK
SchoolTypeDistance
Casuarina Primary SchoolPrimary310m
Bedok North Secondary SchoolSecondary750m
Ping Yi Secondary SchoolSecondary820m
Fengshan Primary SchoolPrimary870m
Bedok Green Primary SchoolPrimary980m
Park View Primary SchoolPrimary1.2 km
Bedok View Secondary SchoolSecondary1.2 km
Yu Neng Primary SchoolPrimary1.3 km

Unit Mix & Pricing

Unit mix for PEAKVILLE PARK
TypeSalesAvg PSFAvg Price
4 BR9$2,210 psf$3,785,556
5+ BR2$1,631 psf$3,889,000

Market Position

PEAKVILLE PARK has recorded 11 sales at an average price of $3,804,364.

PEAKVILLE PARK sits at the 94th percentile of District 16 condo PSF.
$2,529 psf
Avg PSF (12mo)
$3,804,364
Avg Price
1.8%
Gross Yield
11
Total Sales

Price Appreciation

PSF trend for PEAKVILLE PARK
YearSalesAvg PSFYoY
20213$1,493 psf
20232$2,130 psf↑ 42.7%
20242$2,150 psf↑ 1.0%
20253$2,393 psf↑ 11.3%
20261$2,937 psf↑ 22.7%

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PEAKVILLE PARK prices sit at a fresh series high after a 22.7% gain on the prior period, now 96.7% above the 2021 starting level.

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

What Could Work Against You

  • Only 4 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.

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.

yield-focused investors 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

PEAKVILLE PARK is a freehold development in District 16 (OCR), offering a gross yield of 1.8%.

At ~$2,529 psf, it represents a competitive entry point in the OCR segment.

Explore the full PEAKVILLE PARK dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bedok — 4-room average $659,895 (180m away), an upgrader gap of about $3,150,000
  • Tampines — 4-room average $683,199 (640m away), an upgrader gap of about $3,100,000

FAQ

What is the average PSF for PEAKVILLE PARK?
The 12-month average is approximately $2,529 psf.
Is PEAKVILLE PARK freehold?
Yes, PEAKVILLE PARK is a freehold property.
What is the rental yield for PEAKVILLE PARK?
The estimated gross yield is 1.8%.
Which MRT is nearest to PEAKVILLE PARK?
The nearest is Tanah Merah MRT at 760m.

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: 11 transactions
  • Rental data: 6 leases
  • Source: URA REALIS

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

Data as of April 2026

Latest recorded data point: Apr 2026 · 11 records analysed · Source: URA private-sale caveats

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