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Home/District 23 - Bukit Batok, Bukit Panjang/PARKVIEW APARTMENTS

PARKVIEW APARTMENTS

District 23OCR99 yrs lease commencing from 1994PropertyGuru

Project Details

Address
BUKIT BATOK STREET 25
Property Type
Apartment
Total Units
532
Est. TOP
1998
Developer
Far East Organization
Tenure
99 yrs lease commencing from 1994
Price by Bedroom (median, 3yr)
2-Bed
$958,000
31 txns
3-Bed
$1,100,000
26 txns
Median PSF (3yr)
$987
57 transactions
Normalized PSF
$1,234
Raw $987 · Bala 84.2%
vs new D23 launches
-39.4%
Both sides Bala-normalized

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Investment Signals

Keming Primary School (699m)T3St. Anthony's Primary School (1.4km)T3Pei Hwa Presbyterian Primary (1.8km)T1Moderate supply: 1,239 units within 2kmNo MRT within 1km

PSF Trend

Transaction prices per square foot

More projects in District 23 - Bukit Batok, Bukit Panjang ->
Last 3 years
  • PARKVIEW APARTMENTSOCR
    Mar 2026 · D23 · 3-Bed · 1,119 sqft · fl 01-05
    $1,100,000
    $983 psf
    $1,229 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Mar 2026 · D23 · 3-Bed · 1,119 sqft · fl 01-05
    $1,060,000
    $947 psf
    $1,184 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Feb 2026 · D23 · 3-Bed · 1,130 sqft · fl 01-05
    $1,070,000
    $947 psf
    $1,184 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Jan 2026 · D23 · 3-Bed · 1,087 sqft · fl 01-05
    $1,100,000
    $1,012 psf
    $1,265 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Jan 2026 · D23 · 3-Bed · 1,119 sqft · fl 06-10
    $1,050,000
    $938 psf
    $1,173 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Nov 2025 · D23 · 2-Bed · 990 sqft · fl 11-15
    $975,000
    $985 psf
    $1,231 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Nov 2025 · D23 · 3-Bed · 1,119 sqft · fl 06-10
    $1,080,000
    $965 psf
    $1,206 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Oct 2025 · D23 · 3-Bed · 1,119 sqft · fl 06-10
    $1,148,000
    $1,026 psf
    $1,283 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Oct 2025 · D23 · 3-Bed · 1,119 sqft · fl 01-05
    $985,000
    $880 psf
    $1,100 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Oct 2025 · D23 · 2-Bed · 980 sqft · fl 11-15
    $970,000
    $990 psf
    $1,238 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Oct 2025 · D23 · 3-Bed · 1,119 sqft · fl 11-15
    $1,180,000
    $1,054 psf
    $1,318 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Oct 2025 · D23 · 2-Bed · 980 sqft · fl 11-15
    $1,008,000
    $1,029 psf
    $1,286 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Jul 2025 · D23 · 2-Bed · 926 sqft · fl 06-10
    $940,000
    $1,015 psf
    $1,269 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Jul 2025 · D23 · 3-Bed · 1,119 sqft · fl 01-05
    $1,095,000
    $978 psf
    $1,223 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Jul 2025 · D23 · 3-Bed · 1,087 sqft · fl 01-05
    $1,080,000
    $993 psf
    $1,241 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Jun 2025 · D23 · 3-Bed · 1,119 sqft · fl 01-05
    $1,088,000
    $972 psf
    $1,215 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Apr 2025 · D23 · 2-Bed · 980 sqft · fl 01-05
    $958,000
    $978 psf
    $1,223 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Apr 2025 · D23 · 3-Bed · 1,130 sqft · fl 06-10
    $1,200,000
    $1,062 psf
    $1,328 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Apr 2025 · D23 · 3-Bed · 1,119 sqft · fl 01-05
    $1,210,000
    $1,081 psf
    $1,351 norm
    Resale
  • PARKVIEW APARTMENTSOCR
    Mar 2025 · D23 · 2-Bed · 926 sqft · fl 01-05
    $935,000
    $1,010 psf
    $1,263 norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
PARKVIEW APARTMENTS23OCR301-051,119$1,100,000$983$1,229Mar 2026Resale
PARKVIEW APARTMENTS23OCR301-051,119$1,060,000$947$1,184Mar 2026Resale
PARKVIEW APARTMENTS23OCR301-051,130$1,070,000$947$1,184Feb 2026Resale
PARKVIEW APARTMENTS23OCR301-051,087$1,100,000$1,012$1,265Jan 2026Resale
PARKVIEW APARTMENTS23OCR306-101,119$1,050,000$938$1,173Jan 2026Resale
PARKVIEW APARTMENTS23OCR211-15990$975,000$985$1,231Nov 2025Resale
PARKVIEW APARTMENTS23OCR306-101,119$1,080,000$965$1,206Nov 2025Resale
PARKVIEW APARTMENTS23OCR306-101,119$1,148,000$1,026$1,283Oct 2025Resale
PARKVIEW APARTMENTS23OCR301-051,119$985,000$880$1,100Oct 2025Resale
PARKVIEW APARTMENTS23OCR211-15980$970,000$990$1,238Oct 2025Resale
PARKVIEW APARTMENTS23OCR311-151,119$1,180,000$1,054$1,318Oct 2025Resale
PARKVIEW APARTMENTS23OCR211-15980$1,008,000$1,029$1,286Oct 2025Resale
PARKVIEW APARTMENTS23OCR206-10926$940,000$1,015$1,269Jul 2025Resale
PARKVIEW APARTMENTS23OCR301-051,119$1,095,000$978$1,223Jul 2025Resale
PARKVIEW APARTMENTS23OCR301-051,087$1,080,000$993$1,241Jul 2025Resale
PARKVIEW APARTMENTS23OCR301-051,119$1,088,000$972$1,215Jun 2025Resale
PARKVIEW APARTMENTS23OCR201-05980$958,000$978$1,223Apr 2025Resale
PARKVIEW APARTMENTS23OCR306-101,130$1,200,000$1,062$1,328Apr 2025Resale
PARKVIEW APARTMENTS23OCR301-051,119$1,210,000$1,081$1,351Apr 2025Resale
PARKVIEW APARTMENTS23OCR201-05926$935,000$1,010$1,263Mar 2025Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.

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