PARC OASIS

JURONG EAST AVENUE 1
RESALE CONDODistrict 22
Chinese Garden MRT · 2 min walk (179m)OCR99 yrs lease commencing from 1991
Gross Yield
3.9%
District avg: 3.7%
Median Rent
$5,263
per month
Total Units
950
2Y PSF Change
+15.3%
44 txns in 24m
vs District
-12%
D22 median: $1,392
Lease Remaining
64 yrs
99 yrs lease commencing from 1991
Median PSF
1,235
3.7% QoQ
Total Sales
145
since 2021-03
Price Range
$829k$2.0M
all-time
Unit Size
1,290 sqft
Floors 116

UrbanLens Analysis

At $1,224 PSF, PARC OASIS prices 12% below the District 22 median. Compare that to SORA at $2,230 PSF -- a 45% premium that buyers need to justify. Being 2 minutes on foot from Chinese Garden MRT (179m) adds genuine convenience and supports the pricing.

The 15.3% two-year surge looks impressive, but momentum like this rarely sustains. Proceed with caution. 44 transactions over two years gives deep liquidity and reliable pricing signals. For context, WESTWOOD RESIDENCES has gained 11.0% over the same period.

Around 64 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 3.9% beats the OCR average of 3.4%. With $5,263/month median rent, income-focused buyers have a real case here.

The 950-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
SORA$2,2300.0%
THE LAKEGARDEN RESIDENCES$2,187+3.9%
WESTWOOD RESIDENCES$1,340+11.0%
LAKE GRANDE$1,8514.3%+9.3%
THE LAKESHORE$1,4743.7%+15.7%

PSF Trend

Quarterly
1,259
2024-Q2
1,217
2024-Q3
1,282
2024-Q4
1,222
2025-Q1
1,226
2025-Q2
1,239
2025-Q3
1,236
2025-Q4
1,190
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2026
DatePriceSizePSFFloor
Feb 2026$1,983,0001,507 sqft$1,31616-20
Feb 2026$1,460,0001,227 sqft$1,19006-10
Jan 2026$1,230,0001,076 sqft$1,14301-05
Dec 2025$1,510,0001,227 sqft$1,23111-15
Dec 2025$1,560,0001,227 sqft$1,27101-05
Nov 2025$1,330,0001,076 sqft$1,23601-05
Nov 2025$1,650,0001,389 sqft$1,18806-10
Nov 2025$1,938,0001,507 sqft$1,28616-20
Nov 2025$1,490,0001,227 sqft$1,21401-05
Oct 2025$1,850,0001,389 sqft$1,33216-20
Showing 10 of 145 transactions

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