Seletar Park Residence

Seletar Park Residence is a leasehold (99 yrs from 2011, 99 years leasehold) condominium completed in 2015. It is developed by ASPLENIUM LAND PTE LTD and designed by SCDA ARCHITECTS PTE LTD. The development occupies a land area of 17,456 sqm and a Gross Floor Area of 24,439 sqm. It consists of 276 units. According to records, buyers of this development are Singaporean 91.5%, PR 6.3%, Foreigner 1.9%, Company 0.2%.

SELETAR PARK RESIDENCE is located along Seletar Road in Serangoon, in District 28. It is accessible through the nearest MRTs including Serangoon North CR9 and Tavistock CR10.

Based on transaction data in the last 12 months, sale prices range from S$ 823 psf to S$ 1,455 psf at an average of S$ 1,223 psf. Its highest recorded transaction was S$ 1,510 psf in Jun 2023 for a 1,378-sqft unit. Its lowest recorded transaction was S$ 698 psf in Oct 2012 for a 1,991-sqft unit. Its current rental yield is at 4.0%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 2 Shopping Mall(s): Greenwich V, The Seletar Mall.

Buyers and tenants are attracted to District 28, which comprises of Seletar and a part of Yio Chu Kang. This district is served by the Yio Chu Kang MRT station of the North-South Line and bus service originating from Yishun Bus Interchange. A notable landmark in this district is the Seletar Aerospace Park. The 320ha development is an industrial park in Singapore to cater to the industrial and business aviation industries.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.