Type

Units

Min Area

Price Range

3 BR

1227 sqft

S$1.5M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$1.5M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$306K on this acquisition.
Located 8 min (700 m) from EW25 Chinese Garden MRT Station.

Price Trends & Rental Yield

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Parc Oasis: Contemporary Living in Jurong East's Expanding Precinct

Parc Oasis stands as a significant residential offering within Jurong East's evolving landscape, positioned to capture the growing demand for quality accommodation in one of Singapore's most dynamic corridors. Located at 35 Jurong East Avenue 1, the development capitalises on the area's ongoing transformation into a mixed-use business and residential hub, attracting both owner-occupiers and investors keen to participate in the district's long-term appreciation trajectory.

The project's proximity to Chinese Garden MRT Station—a mere 8-minute walk at approximately 700 metres—provides residents with seamless access to the East-West Line, a critical artery connecting the development to Tampines in the east and Pasir Ris beyond, as well as westbound routes towards Tuas and Joo Koon. This strategic positioning ensures commuters enjoy reasonable travel times to the CBD, Raffles Place, and emerging employment clusters in Jurong Innovation District. The MRT connectivity alone significantly enhances the development's appeal to professionals and families who prioritise convenience and flexibility in their daily movements.

Design and Spatial Configuration

Units across the development showcase thoughtful floor plans that maximise usable living space, with residential offerings spanning a range of configurations to accommodate diverse household requirements. The average unit sizing at approximately 1,227 square feet demonstrates the developer's commitment to delivering generous interiors that move beyond cramped urban standards. Three-bedroom, three-bathroom layouts predominate within the current portfolio, catering to established families and upgraders transitioning from smaller HDB or condominium dwellings. The multiple bathroom allocation reflects modern lifestyle preferences and minimises morning congestion in multi-occupancy households.

Internal finishes reflect contemporary design sensibilities, with quality materials and efficient spatial planning evident throughout completed show units and promotional materials. Living areas benefit from natural light, whilst bedrooms are proportioned to accommodate both sleeping and work-from-home configurations—an increasingly important consideration in Singapore's hybrid work environment. The generous floor area relative to prevailing market rates in Jurong East underscores the development's positioning as a quality offering rather than a volume-focused project.

Location Advantages and District Context

Jurong East has undergone substantial rejuvenation over the past decade, evolving from a purely industrial and logistics hub into a mixed-use precinct that now supports residential, commercial, and entertainment functions. This diversification has attracted multinational corporations, tech startups, and professional services firms seeking lower-cost alternatives to prime CBD and River Valley addresses. Parc Oasis benefits directly from this demographic shift, as white-collar workers increasingly seek properties within walking distance of employment nodes and integrated transport networks.

The Jurong East Avenue corridor itself has become increasingly animated, with new F&B establishments, healthcare facilities, and retail operations clustering around the MRT interchange. Residents of Parc Oasis enjoy immediate access to this growing commercial ecosystem without the noise and congestion premium associated with properties directly fronting Jurong East Street or Pioneer Road. Secondary road positioning provides the optimal balance between convenience and residential tranquility—a nuance that typically commands a modest valuation premium in the secondary market.

Investment Characteristics and Capital Appreciation

The development's appeal extends significantly beyond owner-occupiers, as institutional and individual investors recognise Jurong East's structural tailwinds. The district's rental market has matured considerably, with tenant demand driven by nearby employment opportunities and the conspicuous absence of older public housing stock that might otherwise fragment the market. Investors purchasing units at Parc Oasis can reasonably expect stable rental trajectories as the surrounding business ecosystem continues to densify and attract higher-earning tenant profiles.

Capital appreciation prospects are underpinned by limited new supply in the immediate precinct, the ongoing scarcity of leasehold residential land in accessible locations, and the systematic urban renewal of adjacent areas. The East-West Line's status as one of Singapore's oldest and busiest transit corridors ensures that developments within its catchment rarely experience valuation stagnation. Medium-term price momentum is contingent upon continued economic diversification in Jurong and sustained migration of middle-to-upper-income households seeking good value relative to equivalent offerings in central areas.

Buyer Profiles and Suitability

First-time buyers navigating the property ladder often find Jurong East developments like Parc Oasis compelling, particularly those earning combined household incomes between S$150,000 and S$250,000 annually. The pricing entry point remains significantly below comparable units in districts such as Bukit Timah, Geylang, or Kallang, creating genuine accessibility for younger professionals and young families. The relatively robust rental market also provides first-timers with optionality should their residential or employment circumstances shift within a 5-7 year horizon.

Upgraders—typically young families outgrowing 4-room or 5-room HDB flats—constitute another significant buyer cohort. The spacious three-bedroom, three-bathroom configurations provide tangible improvements in liveable space and amenity density compared to public housing equivalents, whilst the proximity to schools, parks, and healthcare facilities addresses practical family considerations. The psychological shift from subsidised housing to private ownership often justifies the premium upgraders pay, particularly when the alternative involves decades of mortgage servicing on Central or North Shore properties.

High-net-worth individuals and institutional investors view Jurong East not as a primary residence but as a diversified real estate holding within a balanced portfolio. The development's strong fundamentals—established MRT connectivity, diverse tenant demand, and structural district improvements—align well with the risk-return profile sought by discerning institutional capital. Such investors typically acquire multiple units or work with developers on off-market arrangements that command subtle discounts reflective of larger commitment sizes.

Financing and TDSR Considerations

Prospective buyers must ensure their debt-servicing capacity remains within regulatory parameters. The Total Debt Servicing Ratio (TDSR) framework stipulates that monthly debt repayments—including the mortgage, property tax, conservancy charges, insurance, and other secured liabilities—cannot exceed 60% of gross monthly income. For a unit priced at the S$1.5 million mark with standard loan-to-value financing of 75-80%, monthly mortgage instalments typically range between S$6,500 and S$8,000 depending on tenure and rate assumptions. Buyers should model TDSR carefully before committing, particularly if existing liabilities (car loans, credit card balances, or personal loans) already consume portions of their debt headroom.

Additional Buyer's Stamp Duty (ABSD) represents a material cost for Singapore Citizens acquiring a second residential property, levied at 20% on the purchase price above S$180,000. A second-property buyer acquiring a S$1.5 million unit at Parc Oasis would face ABSD of approximately S$264,000 (20% × [S$1.5M − S$180k]), significantly elevating the effective purchase cost. Such buyers must factor ABSD into their financial planning and consider whether the unit's projected rental yield or capital appreciation justifies the upfront tax burden. First-time buyers and non-citizen residents (subject to different ABSD regimes) enjoy more favourable tax treatment, creating a structural advantage in the market.

Competitive Positioning and Alternative Developments

Parc Oasis competes directly with other Jurong East residential developments within the EW25 MRT catchment, as well as older condominium stock and new launches in adjacent precincts such as Jurong Lake District and Pioneer. Developments occupying freehold or long-lease positions within Jurong Lake District—such as waterfront properties marketed on lifestyle amenities—present an aspirational alternative, though typically at price-per-square-foot premiums reflecting their premium positioning. Older condominium stock in Clementi or Bukit Batok may offer lower absolute purchase prices but often requires buyer acceptance of aging infrastructure, smaller unit formats, or longer MRT commutes.

Price-per-square-foot benchmarking is essential for prospective buyers assessing Parc Oasis relative to recent transactions in the immediate area. Recent sales data typically suggests completed transactions in Jurong East residential projects ranging from S$1,100 to S$1,400 per square foot, depending on building age, amenity density, and exact MRT proximity. A Parc Oasis unit at approximately S$1.5 million across 1,227 square feet translates to roughly S$1,223 per square foot—a reasonable middle-market positioning that reflects the project's contemporary specifications and MRT accessibility without commanding a premium associated with heritage architecture or ultra-prime locations.

Future Supply and Market Dynamics

The Jurong East planning precinct remains subject to ongoing masterplanning by the Urban Redevelopment Authority in coordination with JTC Corporation, Singapore's industrial property custodian. Policy direction increasingly favours mixed-use intensification, meaning new residential supply in the district will likely cluster around major transport nodes and newly gazetted commercial precincts. However, the scarcity of suitable development sites and the preference for higher-density, higher-value-capture projects suggests that large-scale, price-sensitive residential developments are unlikely to flood the market in the immediate 3-5 year window. This structural supply constraint provides residual price support for existing developments such as Parc Oasis, particularly those enjoying MRT accessibility and contemporary quality specifications.

Longer-term, the opening of the Cross Island Line (CRL)—currently under construction with stations planned at Penjuru and Joo Koon—will further enhance transit connectivity across the western region. Properties not directly serviced by the CRL but positioned within secondary-route walking distance may experience modest appreciation as the MRT network expands. However, such appreciation is neither guaranteed nor material enough to influence near-term purchasing decisions; buyers should evaluate Parc Oasis primarily on its current fundamentals and EW25 connectivity rather than speculative benefits tied to future infrastructure programmes.

Conclusion

Parc Oasis represents a contemporary residential offering positioned strategically within Jurong East's evolving mixed-use ecosystem. The development's appeal spans multiple buyer profiles—from first-time purchasers seeking accessible entry into private property ownership, through upgraders prioritising space and urban connectivity, to investors recognising the district's structural resilience and rental market maturity. The project's pricing from S$1.5 million delivers genuine value-for-space relative to central-area equivalents, whilst the 8-minute MRT access to EW25 ensures commuting flexibility and long-term asset liquidity. Prospective buyers should conduct thorough TDSR modelling and tax-impact analysis before committing, particularly those triggering ABSD liabilities, but the fundamentals underpinning Jurong East's residential appeal remain broadly sound.

Frequently Asked Questions

What is the estimated rental yield for investment purchases at Parc Oasis?

Rental yields at Parc Oasis depend on the specific unit configuration, floor level, and market rental rates at the time of acquisition. Jurong East has established itself as a stable rental precinct with strong tenant demand driven by proximity to growing employment clusters in Jurong Innovation District and surrounding business parks. Units at Parc Oasis typically achieve rental yields in the 2.8% to 3.5% per annum range, though this varies based on whether the property is positioned as a premium family rental or a more affordable corporate accommodation offering. Investors should model yields conservatively and account for property tax, conservancy charges, insurance, and potential vacancy periods; gross rental revenue alone does not represent net investor return. The development's accessibility via EW25 MRT enhances tenant appeal compared to non-transit-oriented properties, supporting stable occupancy and upward rental trajectory as the surrounding district continues to professionalise and attract higher-earning tenant profiles.

How does Parc Oasis's price-per-square-foot compare to recent transactions in Jurong East?

Parc Oasis units priced around S$1.5 million across approximately 1,227 square feet translate to roughly S$1,223 per square foot, placing the development within the middle-to-upper band of contemporary Jurong East residential transactions. Recent completed sales data suggests that comparable new or near-new condominiums in the EW25 catchment have traded at S$1,100 to S$1,400 per square foot, depending on building age, amenity density, and exact proximity to the MRT station. Older condominium stock—typically 10-15 years or more in age—occupies the lower end of this range, whilst newly launched or recently completed projects commanding premium amenity packages may trade at or above S$1,350 per square foot. Parc Oasis's positioning suggests competitive valuation for a contemporary development with modern specifications, efficient layouts, and direct MRT accessibility, without commanding speculative premiums associated with ultra-prime locations or heritage architectural significance. Prospective buyers should cross-check current market listings and recent transaction data through property databases to ensure pricing remains aligned with area comparables as market conditions evolve.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens buying a second property at Parc Oasis?

Singapore Citizens purchasing a second residential property at Parc Oasis face Additional Buyer's Stamp Duty levied at 20% on the purchase price in excess of S$180,000. For a unit priced at S$1.5 million, the ABSD liability would be calculated as 20% × (S$1,500,000 − S$180,000) = S$264,000. This substantial tax obligation significantly elevates the effective acquisition cost and must be factored into the buyer's financial planning alongside standard stamp duty, legal fees, and other transaction costs. ABSD effectively increases the total outlay by approximately 17.6% for a S$1.5 million purchase, making the true cost of entry closer to S$1.764 million when all taxes and fees are accounted for. Second-property buyers should model this tax burden carefully within their financing capacity and investment returns projections; the ABSD can materially impact the investment thesis, particularly if projected rental yields or capital appreciation are marginal. First-time buyers and non-citizen residents benefit from more favourable ABSD treatment, creating a structural price advantage in the market that second-property buyers must overcome through superior fundamentals or unit-specific attributes.

How does lease decay risk affect long-term resale value at Parc Oasis?

The lease tenure structure of Parc Oasis is critical to understanding long-term resale dynamics. If the development is held on a leasehold basis (the most common structure for residential condominiums in Singapore), the unexpired lease term will gradually diminish over time, creating headwinds to capital appreciation once the lease falls below 75 years. Properties with leases below 60 years often face sharp valuation compression, as institutional capital withdraws and mortgage lenders impose stricter loan-to-value limitations. Buyers acquiring Parc Oasis properties should clarify the initial lease tenure—whether 99 years or 999 years—and understand that a 99-year leasehold purchased today will decay to approximately 70 years after 29 years of ownership, potentially constraining future resale appeals and lending capacity. Freehold properties, by contrast, experience no such lease-related depreciation, though Singapore residential freeholds are relatively rare outside landed-house categories. Conservative investors and long-term owner-occupiers should factor lease decay into their holding period assumptions; properties intended as multi-generational assets may face diminished utility if lease terms extend fewer than 80 years at the point of inheritance. The development's MRT-accessible location mitigates some lease-decay risk through strong underlying tenant demand, but the lease structure remains a material financial consideration.

Does Parc Oasis's proximity to Chinese Garden MRT station (EW25) support long-term capital appreciation?

Proximity to the East-West Line represents a structural advantage for Parc Oasis, as the EW25 corridor has demonstrated resilience and steady user growth over multiple decades. The East-West Line connects Jurong East to employment clusters in Tampines, Marina Bay, and the CBD, ensuring consistent commuter demand and high turnover of tenant profiles. Properties within direct MRT catchment typically command 10-15% valuation premiums relative to non-transit-oriented neighbours, reflecting the quantum value of commuting time savings and operational flexibility. Chinese Garden MRT station itself has become increasingly surrounded by F&B, retail, and entertainment options, enhancing the precinct's appeal as a residential destination rather than merely a commuting waypoint. Capital appreciation prospects are bolstered by the scarcity of new residential supply within the EW25 corridor—most of Jurong East's remaining development sites are earmarked for office, logistics, or mixed-use commercial rather than residential use. The MRT factor alone does not guarantee capital appreciation (macro-economic conditions, overall housing market sentiment, and district supply dynamics play equally significant roles), but it substantially reduces the risk of stagnation and provides a stable baseline for medium-to-long-term price behaviour. Investors and upgraders should view MRT accessibility as a valuation anchor that supports resale liquidity and rental demand across multiple economic cycles.

Which buyer profiles are best suited to Parc Oasis, and why?

Parc Oasis appeals to multiple buyer personas with distinct financial and lifestyle priorities. First-time buyers—typically aged 25-35 with combined household incomes between S$150,000 and S$250,000—find the development compelling because it offers genuine accessibility to private property ownership without the premium pricing of central-area equivalents. The spacious three-bedroom format provides immediate uplift in liveable space compared to HDB flats, whilst the MRT connectivity supports commuting flexibility for dual-income households. Upgraders—established families outgrowing 4-room or 5-room public housing—represent a second key cohort; they value the additional bedrooms, private facilities, and condominium amenity packages whilst appreciating the psychological progression from subsidised housing to premium private ownership. High-net-worth individuals and investors use Parc Oasis as a diversified property asset within balanced portfolios; the development's strong MRT fundamentals, mature rental market, and growth-district positioning align well with institutional capital allocation strategies. Young professionals working in Jurong Innovation District benefit from minimal commute friction and the ability to live proximal to employment nodes. Expat assignees and corporate housing buyers find the development appealing for intermediate tenancies (2-4 years), given the absence of excessive ABSD taxation and the relative affordability compared to CBD-proximate alternatives. Each buyer profile should validate that Parc Oasis's specific attributes (proximity, unit sizes, amenity density) align with their residential and financial objectives before committing capital.

What are the TDSR and financing headroom implications for typical Parc Oasis price points?

TDSR (Total Debt Servicing Ratio) compliance is a critical gating factor for mortgage approval at Parc Oasis, particularly for units priced at or above S$1.5 million. The regulatory ceiling of 60% TDSR means that total monthly debt repayments across all liabilities cannot exceed 60% of gross monthly income. For a S$1.5 million purchase with 75% loan-to-value financing (approximately S$1.125 million borrowed), monthly mortgage instalments typically range between S$6,500 and S$8,000 depending on tenure, interest rate assumptions, and loan duration. A buyer would need gross monthly income of at least S$12,500 to accommodate this mortgage at the 60% TDSR threshold (assuming minimal other debt), translating to annual income of approximately S$150,000. Higher price points scale this requirement proportionally; a S$2 million unit would necessitate gross monthly income in excess of S$16,500 (annual equivalent S$198,000) to clear TDSR with comfortable headroom. Buyers with existing liabilities—vehicle loans, outstanding credit card balances, or personal loans—face reduced TDSR capacity, potentially constraining mortgage size or purchase price thresholds. Conservative financial planning mandates that buyers target TDSR ratios well below 60%, ideally in the 45-55% range, to maintain flexibility for rate increases, income volatility, or unplanned expenditures. First-time buyers should consult financial advisors or mortgage brokers to stress-test financing capacity across multiple interest-rate scenarios before committing to an offer on any unit at Parc Oasis.

How does Parc Oasis compare to competing new developments in adjacent precincts like Jurong Lake District?

Parc Oasis's immediate competitive set includes other EW25-accessible properties within Jurong East proper, as well as aspirational alternatives in Jurong Lake District and emerging precincts such as Penjuru. Jurong Lake District properties—particularly those marketed on waterfront positioning and landscaped public-realm amenities—typically command price-per-square-foot premiums of 15-25% relative to comparable non-waterfront developments, reflecting lifestyle brand positioning and architectural distinctiveness. However, Jurong Lake District properties often trade at absolute price points exceeding S$2 million for equivalent bedroom counts, placing them outside the reach of first-time and mid-range upgrader cohorts. Parc Oasis's pricing advantage in the S$1.5 million band captures the 'missing middle' of buyers seeking quality contemporary housing without premium brand positioning. Older condominium stock in neighbouring Clementi, Bukit Batok, and Ayer Rajah may offer lower absolute purchase prices (S$1.0-1.3 million for comparable unit sizes), but typically requires buyer tolerance for aging infrastructure, smaller layouts, or longer MRT commutes to employment centres. Future CRL (Cross Island Line) developments in the Penjuru area represent medium-term competitive dynamics; however, these projects are unlikely to deliver occupancy and market saturation until 2027-2029, providing Parc Oasis with a 4-6 year competitive window before nearby alternatives emerge. Prospective buyers should evaluate Parc Oasis against specific competing projects rather than generic 'Jurong East' market positioning, as micro-location, amenity density, and developer reputation vary substantially across individual developments.

Which unit stacks or floor levels at Parc Oasis offer optimal value-for-money positioning?

Value-for-money unit selection at Parc Oasis depends on balancing multiple factors: height premium (higher floors typically command 2-5% per-unit premiums), view-adjacency (units with unobstructed water, park, or green-space views often exceed market pricing by 8-12%), and structural orientation (units with optimal north or east-facing orientation benefit from better natural light and thermal efficiency). Mid-level stacks (approximately floors 8-15 of a typical residential tower) often represent optimal value, as they capture height premiums at lower cost than top-floor or near-apex units whilst avoiding ground-floor and low-level units subject to noise, privacy, and perceived security concerns. Corner units typically command premiums of 3-6% per cent relative to internal configurations, reflecting enhanced natural light and multiple exposures. Lower-end pricing within any given stack generally attaches to units facing main roads, car parks, or service corridors—these units generate lower emotional premium but may offer sound commercial purchasing decisions for investors indifferent to lifestyle amenities. Buyers should request floor plans and site orientation diagrams from the developer to identify units combining moderate pricing with good aspect ratios and view-adjacency. Units positioned mid-stack, with east or north orientation, and without premium view characteristics often deliver superior rental yields and secondary-market liquidity compared to speculative premium purchases. Market data from recent transactions in comparable Jurong East developments provides empirical benchmarks for stack-specific pricing patterns and helps buyers identify mis-priced units within Parc Oasis's portfolio.

What is the future supply pipeline in Jurong East, and how does it affect Parc Oasis's long-term value proposition?

The future residential supply pipeline in Jurong East remains constrained relative to districts such as Bukit Batok, Sengkang, or Punggol, reflecting the district's primary zoning as a business and logistics hub rather than a residential precinct. The Urban Redevelopment Authority's Jurong East masterplan prioritises mixed-use intensification around major transport nodes and commercial clusters, but the vast majority of remaining developable sites are earmarked for office, hospitality, or logistics rather than residential conversion. This structural scarcity provides Parc Oasis with resilient pricing support, as new residential supply capable of direct MRT competition is unlikely to materialise in volume over the next 5-10 years. The forthcoming Cross Island Line (CRL), with planned stations at Penjuru and Joo Koon, will enhance transit infrastructure in the broader western region but will not materially increase residential supply density within the immediate Jurong East precinct itself. Secondary-route supply in Clementi, Bukit Batok, and Ayer Rajah does pose long-term competitive pressure; however, newer residential developments in these precincts have not demonstrably suppressed pricing in established MRT-accessible locations. The absence of 'fire-sale' surplus supply—evident in districts such as Tuas or Lim Chu Kang where speculative residential developments face chronic demand shortfall—suggests that Jurong East remains a relatively supply-constrained market. Prospective buyers can take modest comfort from the structural supply constraints, though such constraints alone do not guarantee price appreciation; macro-economic conditions, overall residential market sentiment, and interest-rate movements remain far more material to medium-term valuation dynamics than incremental supply additions.

Parc Oasis Condominium At 35 Jurong East Avenue 1 — From S$1.5M