SG Block Index

Parkwood Residences

545653 · Outside Central Region (OCR) · Kovan · Hougang

Private condominium99-year leasehold (commenced 2018, ~91 years remaining)
65Overall / 100Top 75% of 2,287 condosHow we score →
Summary

Parkwood Residences in Hougang scores 65.4/100 overall. It is a 99-year leasehold (commenced 2018, ~91 years remaining) development, 19.5 minutes’ walk from Kovan Mrt Station MRT, with recent resale around S$1860 psf.

Where it is

OneMap · SLA
Map showing the location of Parkwood Residences in Singapore

Parkwood Residences, Hougang, Singapore 545653

Pillar scores

Transport
46
Food
61
Schools
100
Healthcare
53
Daily needs
70
Green space
70
Connectivity
49
Value (lease)
100
Leisure
57
EV charging
81
80+ excellent65+ good50+ fair35+ weak<35 poor

Who it suits

Overall
65
Young Families
71
Seniors
60
Renters
55
Investors
64
EV Owners
71

Commute by public transport

OneMap routing · weekday 08:00
Raffles Placecity centre
43.5min
156NSLS$2.07 · 1 transfer
one-north
39.2min
116CCLS$2.11 · 1 transfer
Jurong East
53.3min
116CCLEWLS$2.33 · 2 transfers
Changi Airport
56.8min
70EWLEWLS$2.24 · 2 transfers

Getting to the city centre

weekday 08:00 · OneMap

44 min door to door · S$2.07 · 1 transfer · 4 min (248 m) walking · 4 min waiting · 35 min riding

2m1562mNSL0mthe city centre
  1. Walk 2 min (128 m) to Parkwood Residences
  2. Bus 156 · SBS Transit
    Parkwood ResidencesBishan · 12 stops · 18 min
  3. Walk 2 min (92 m) to Bishan
  4. North-South Line · SMRT Corporation
    BishanRaffles Place · 9 stops · 17 min
  5. Walk 0 min (28 m) to Destination
Fastest itinerary · fares & times from OneMap, Singapore Land Authority

Price & tenure

Transacted prices from URA caveats (private residential), last 5 years · tenure from URA

Latest median PSFS$1860
12-month change▲ 44.2%
Price momentum32th pctvs other condos

Based on 17 transactions. Tenure: 99-year leasehold (commenced 2018, ~91 years remaining).

Transacted unit sizes

Strata area of units transacted (URA caveats), not a full unit inventory

71–100 m²
15
101–150 m²
1
>150 m²
1

What’s nearby

walk times, door to door
Walk-time rings · schematic5 min10 min15 minMarketClinicParkHere

Distance from centre is real walk time (rings at 5 / 10 / 15 min); the angle only spreads categories apart — it is not compass bearing.

MRT stations

transit
PlannedSerangoon North MRT station (Master Plan 2025) is planned about 495 m away — not yet open, shown separately from existing stations.

Hawker centres

food
  • Serangoon Garden Market17 min
  • Chomp Chomp Food Centre17.7 min
  • Ci Yuan Hawker Centre20.3 min

Supermarkets

daily
  • Ntuc Fairprice Co-Operative Ltd8.1 min
  • Ang Mo Supermarket Pte Ltd12.2 min
  • Prime Supermarket (1996) Pte Ltd15.5 min

CHAS clinics

health
  • Family Healthcare Clinic & Surgery6.2 min
  • Tsi & Partners Family Clinic6.2 min
  • TH Chia Medical Practice6.2 min

Parks & green

green
  • Parry Rd Pg5.1 min
  • Pk Villas Terrace Pg8.9 min
  • Poh Huat Rd Pg9.2 min

Primary schools

straight-line

Eldercare centres

care
  • Jia Ying Senior Activity Centre @ 25 (Branch)24.2 min
  • Jia Ying Senior Activity Centre26.1 min
  • AMKFSC Cluster Support34.5 min

Community clubs

leisure
  • The Serangoon CC7.5 min
  • Hwi Yoh CC15.9 min
  • Ci Yuan CC19.3 min

Libraries

leisure
  • Serangoon Public Library27.1 min
  • Cheng San Public Library29.7 min

What’s within a walk

OSRM foot · OneMap
Walking-reach map around Parkwood Residences
5-min walk10-min walk15-min walk

Within ~10 minutes on foot: 1 supermarkets, 3 parks, 4 clinics.

Shaded areas are real pedestrian reach (OSRM foot routing), sampled on a grid — an approximate schematic, not a legal boundary.

Buses near here

LTA stops · OneMap routing
Nearest bus stops
  • Stop 632091.5 min walk · 88 m
  • Stop 632011.8 min walk · 102 m
Buses that serve this block
  • PARKWOOD RESIDENCES2 min walk
    70116156

Services seen boarding near this block on real OneMap public-transport routes — not a full timetable. Check the LTA / bus operator app for live arrivals.

Value for money

liveability vs price · like-for-like
pays a premium

Among OCR condos islandwide (791 compared), Parkwood Residences is more liveable than 37% of them but pricier than 90% — around S$1,860/psf (as of 2023-05).

Liveability37th percentile
Price (lower is cheaper)cheaper than 10%

Percentiles rank this home only against comparable ones (OCR condos islandwide). A transparent price-vs-liveability comparison from real resale data — not a valuation or fair-price estimate. as of 2023-05

Who lives here

Census 2020 · Hougang planning area
Age profile
In Hougang, 12.7% of residents are under 15 and 16.3% are 65 or older.
55–598.4%
60–648.2%
25–297.7%
30–347.6%
Household income
38.8% of Hougang households earn $10,000 or more a month (gross, from work).
$20,000+12.7%
No working person11.3%
$2,000–2,9996%
$3,000–3,9995.7%
Dwelling mix
77.2% of Hougang households live in HDB flats; 22.6% in condominiums or landed homes.
HDB 4 room flats37.2%
HDB 5 room and executive flats21.2%
HDB 3 room flats14.6%
Condominiums and other apartments14.5%
Household size
37.5% of Hougang households are one or two people; 2-person households are the most common.
2-person22.8%
4-person21.4%
3-person19.9%
1-person14.7%
In education
Of Hougang residents currently in education, 27.8% attend polytechnic or university.
Primary31.1%
Secondary24%
University16.4%
Polytechnic11.4%
Commute to work
58.7% of working Hougang residents commute by public transport; 28.4% drive or ride.
MRT LRT and bus28.2%
Car21.4%
Bus18.1%
MRT LRT only10.3%

Resident data for the Hougang planning area, Census 2020 — Singapore Department of Statistics, via OneMap (Singapore Land Authority).

Compare with nearby condos →Living in HougangHougang estate data →Homes near Kovan Mrt StationHomes near Rosyth SchoolAll condos, ranked →Top-scoring condos →

See what’s for sale

Browse current for-sale listings near Parkwood Residences on Singapore’s property portals. These open on third-party sites — SG Block Index doesn’t list or sell property.