PARRY COURT

PARRY AVENUE
RESALE CONDODistrict 19
Kovan MRT · 8 min walk (630m)OCR999 yrs lease commencing from 1886
Total Units
13
2Y PSF Change
-100.0%
0 txns in 24m
Lease Remaining
859 yrs
999 yrs lease commencing from 1886
Median PSF
832
17.5% QoQ
Total Sales
2
since 2021-04
Price Range
$1.0M$1.6M
all-time
Unit Size
1,636 sqft
Floors 11
PSF MOVEMENT ALERT — 2022-Q4
Median PSF fell 17.5% quarter-on-quarter (from $911 in 2021-Q2 to $752 in 2022-Q4). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

PARRY COURT has recorded zero resale transactions over the past 24 months, making it impossible to establish a reliable current market PSF. The District 19 median stands at $1,472 PSF, the best available reference point. The development sits a 8-minute walk from Kovan MRT, giving it solid transit access.

Among nearby comparables, CHUAN PARK trades at $2,596 PSF with 0% price movement over 24 months. THE FLORENCE RESIDENCES at $1,779 PSF (+0.8%) provides another data point. AFFINITY AT SERANGOON ($1,794 PSF) rounds out the comparable set. Without recent transactions, any valuation is speculative and should be cross-referenced with agent appraisals.

No rental yield data is available, common for very small or owner-occupied projects. CHUAN PARK yields 1.3% and serves as the closest rental benchmark. The District 19 average yield of 3.4% provides additional context for income modelling.

With 859 years left on the lease, financing remains straightforward and depreciation drag is minimal. With only 13 units, the boutique scale is a primary driver of illiquidity. This is a hold-and-wait story; sellers need patience and realistic price expectations.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
CHUAN PARK$2,5961.3%0.0%
THE FLORENCE RESIDENCES$1,7793.4%+0.8%
AFFINITY AT SERANGOON$1,7943.5%+2.6%
RIVERFRONT RESIDENCES$1,7063.7%+6.8%
THE GARDEN RESIDENCES$1,8293.9%+2.7%

PSF Trend

Quarterly
911
2021-Q2
752
2022-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Nov 2022
DatePriceSizePSFFloor
Nov 2022$1,635,0002,174 sqft$75201-05
Apr 2021$1,000,0001,098 sqft$91101-05
Showing 2 of 2 transactions

Location

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