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Parkwood Residences 珀木苑 (Pěi mù yuàn)

Listed by Winnie Lim Hui Nee, Associate Division Director — CEA R061623D (Huttons Asia Pte. Ltd, L3008899K)

Last updated: 21 July 2025

Ownership Type

LeaseholdSee on MapCompare Property

Parkwood Residences is a boutique 99-year leasehold condominium located at 208 Yio Chu Kang Road in District 19 (Hougang/Serangoon). Developed by Oxley Garnet Pte Ltd, a subsidiary of Oxley Holdings, this exclusive development comprises 18 residential units within a single 5-storey block. The project obtained its Temporary Occupation Permit (TOP) in December 2023. 


🏢 Project Overview

Developer: Oxley Garnet Pte Ltd (Oxley Holdings)

Tenure: 99-year leasehold (from 26 April 2018)

Address: 208 Yio Chu Kang Road, Singapore 545653

District: 19 (Hougang/Serangoon)

Total Units: 18

Blocks / Storeys: 1 block, 5 storeys

Site Area: Approximately 1,313.3 sqm / 14,136 sqft

Expected Vacant Possession: 31 December 2023

Carpark Lots: 18 standard lots, 1 handicap-accessible lot

Bicycle Lots: 4

Architect: Ronny Chin Architects Pte Ltd 


🛏️ Unit Types & Sizes

Parkwood Residences offers a selection of spacious units:

3-Bedroom Units: 861 – 1,076 sqft (15 units)

4-Bedroom + Family Penthouse Units: 1,313 – 1,550 sqft (2 units)

5-Bedroom Penthouse Unit: 1,905 sqft (1 unit) 


Typical units feature ceiling heights up to 3.3 meters, while penthouse units boast ceilings up to 4.6 meters, enhancing the sense of space and luxury.

🏊‍♂️ Facilities & Features

Despite its intimate size, Parkwood Residences provides a range of facilities:

Swimming Pool

Aqua Gym

Pool Deck

Indoor Gymnasium

BBQ Area 

The development's façade is characterized by three-dimensional bay windows, creating dynamic visual effects and transforming into geometric light boxes when illuminated at night.

Factsheet about Property

Name:
Parkwood Residences 珀木苑 (Pěi mù yuàn)
Developer:
Oxley Garnet Pte. Ltd.
Type:
Condo
Total Units:
18
Location:
208 Yio Chu Kang Rd, Singapore 545653
Tenure:
99 Years
Title:
Parkwood Residences 珀木苑 (Pěi mù yuàn)

Available Units & Price

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Site Plan

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Location

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Schools Nearby

✅ 1. Preschools / Kindergartens (Nearby)

My First Skool @ Hougang Street 92 – ~600m (Closest)

Little Footprints Preschool @ Hougang – ~700m

E-Bridge Preschool @ Serangoon North – ~900m

PCF Sparkletots @ Hougang – ~950m

MindChamps Preschool @ Hougang 1 Mall – ~1.2 km


✅ 2. Primary Schools (Within 1-2km radius)

Rosyth School (SAP, highly sought after) – ~700m (One of Singapore’s top primary schools)

Xinmin Primary School – ~1.4 km

Hougang Primary School – ~1.3 km

Zhonghua Primary School – ~2.2 km

CHIJ Our Lady of Good Counsel (Catholic girls’ school) – ~2.7 km


✅ 3. Secondary Schools (Nearby)

Xinmin Secondary School – ~1.3 km

Bowen Secondary School – ~1.9 km

Peicai Secondary School – ~2.0 km

Serangoon Secondary School – ~2.2 km

Yuying Secondary School – ~2.8 km


✅ 4. Tertiary Institutions

Nanyang Junior College (NYJC) – ~3.5 km (Top JC)

ITE College Central (Ang Mo Kio) – ~4.8 km

Nanyang Polytechnic (Ang Mo Kio) – ~5.0 km

Singapore Institute of Technology (SIT, Punggol Campus, future) – ~7.0 km

National University of Singapore (NUS) – ~14 km


✅ 5. International Schools Nearby

International French School (IFS Singapore) – ~2.6 km (French curriculum)

Australian International School (Lorong Chuan) – ~3.5 km (Top-tier, IB curriculum available)

Stamford American International School (Woodleigh Campus) – ~4.5 km (Highly regarded IB & American curriculum)

Global Indian International School (GIIS, Punggol Campus) – ~6.5 km

Nexus International School (Aljunied Campus) – ~8.0 km


✅ 6. Enrichment & Learning Centres

The Learning Lab @ Nex (Serangoon MRT) – ~3.2 km

Kumon, MindChamps, Morris Allen English, LCentral – Available at Hougang 1, Nex, Heartland Mall

Floor Plan

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Frequently asked about Parkwood Residences 珀木苑 (Pěi mù yuàn)

Quick answers about the development, tenure, pricing, viewing, and how we work with buyers.

Parkwood Residences 珀木苑 (Pěi mù yuàn) is located, at 208 Yio Chu Kang Rd, Singapore 545653, in District 19 (Hougang / Punggol / Sengkang) of Singapore.
Parkwood Residences 珀木苑 (Pěi mù yuàn) is a 99-year leasehold development. Under Singapore's leasehold system, the land reverts to the State at the end of the lease term.
Parkwood Residences 珀木苑 (Pěi mù yuàn) is sold out. TOP details are confirmed in the project's original sales materials.
Parkwood Residences 珀木苑 (Pěi mù yuàn) is developed by Oxley Garnet Pte. Ltd., the appointed Singapore developer responsible for the project's design, construction, and sales.
Parkwood Residences 珀木苑 (Pěi mù yuàn) comprises 18 residential units across the development.
Indicative prices at Parkwood Residences 珀木苑 (Pěi mù yuàn) start from S$2.54M and range up to S$4.11M. Final prices are confirmed at booking and vary by unit type, floor, and view; contact us via the enquiry form for the latest unit-by-unit price list.
The showflat for Parkwood Residences 珀木苑 (Pěi mù yuàn) is reserved for registered viewers. Sign up via the enquiry form on this page and we'll send you the Google Maps location, viewing times, and direct contact for VIP showflat access. Walk-ins without an appointment are typically not permitted.
Yes. Tap the Compare Property button on this page to place Parkwood Residences 珀木苑 (Pěi mù yuàn) side-by-side with up to three other developments. The comparison covers price, unit sizes, tenure, developer, and TOP.
Developer-issued discounts at Parkwood Residences 珀木苑 (Pěi mù yuàn) change with each phase of release. Speak with our licensed agent via the enquiry form on this page for the latest discount structure, early-bird pricing, and any stamp duty subsidies on offer.
All new launch transactions in Singapore are routed through CEA-licensed salespersons. AI Property represents buyers in negotiation with the developer of Parkwood Residences 珀木苑 (Pěi mù yuàn). To engage us, email hello@aiproperty.sg with your NRIC (front and back), contact number, email address, and the unit number you're interested in.
Submit your contact details via the registration form on this page and our agent will arrange a personalised VIP viewing of Parkwood Residences 珀木苑 (Pěi mù yuàn). VIP viewings cover the showflat, available units, floor plans, and developer pricing not yet public.
Available floor plans, schematics, unit mix breakdowns, and the project factsheet for Parkwood Residences 珀木苑 (Pěi mù yuàn) are published on this page as soon as they're released by the developer. Sign up for project updates and you'll be notified the moment new materials go live.
For Singapore citizens and PRs buying a private residential property like Parkwood Residences 珀木苑 (Pěi mù yuàn), the standard minimum down payment under the 75% loan-to-value (LTV) limit is 25% of the purchase price. The first 5% is paid in cash at booking when the developer issues the Option to Purchase (OTP). The remaining 20% is payable when the OTP is exercised, sourced from cash and/or CPF Ordinary Account. Foreigners follow the same 25% down payment structure but cannot use CPF. Speak to our licensed agent for an individual TDSR calculation.
ABSD on a private residential purchase in Singapore including Parkwood Residences 珀木苑 (Pěi mù yuàn) is 0% for a Singapore citizen's first property, 20% for a citizen's second, and 30% for a third or more. PRs pay 5% on their first property and 30% on their second. Foreigners pay 60% on any property. ABSD remission is available for couples where one spouse is a Singapore citizen, subject to conditions including selling existing properties within 6 months. Final rates are set by IRAS at the time of purchase.
BSD on Parkwood Residences 珀木苑 (Pěi mù yuàn) is calculated on a tiered sliding scale set by IRAS: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5M, and 6% on the amount above S$3M. BSD is payable to IRAS within 14 days of signing the purchase contract. Any Additional Buyer's Stamp Duty (ABSD) is on top of BSD, not instead of it.
To book a unit at Parkwood Residences 珀木苑 (Pěi mù yuàn): (1) Register your interest via the enquiry form on this page. (2) Our agent sends the latest price list, floor plans, and unit availability. (3) Confirm your selection and submit the 5% Option Fee (cheque or PayNow). (4) The developer issues the Option to Purchase (OTP), with the Sale & Purchase Agreement typically delivered within 14 days. (5) Exercise the OTP within roughly 3 weeks of receiving the S&PA by paying the remaining 20% (balance of the 25% down payment) and signing the agreement. The full process from booking to S&PA signing usually takes 3 to 6 weeks.
Monthly maintenance fees at Parkwood Residences 珀木苑 (Pěi mù yuàn) are payable to the Management Corporation Strata Title (MCST) once the development is completed. Across Singapore, mass-market new launches typically fall between S$300 and S$800 per month for a 3-bedroom unit, while luxury developments with extensive facilities (concierge, multiple pools, sky lounges) frequently exceed S$1,500 per month. Exact fees depend on unit share value, development size, and facility scope. The first year's contribution is usually paid in advance at completion. Our agent provides the exact MCST budget for Parkwood Residences 珀木苑 (Pěi mù yuàn) once the developer publishes it.
Yes. For Parkwood Residences 珀木苑 (Pěi mù yuàn), eligible Singapore citizens and PRs can fund the purchase with a combination of cash, CPF Ordinary Account (OA) funds, and a bank loan, subject to the Total Debt Servicing Ratio (TDSR) cap of 55% of gross monthly income. The standard split is 5% cash + 20% CPF or cash for the down payment, with the remaining 75% via a bank loan. MAS allows a maximum private-property loan tenure of 35 years, but tenures over 30 years (or that extend past age 65) face reduced LTV limits. Foreigners cannot use CPF and must rely on cash plus a bank loan.
Buying Parkwood Residences 珀木苑 (Pěi mù yuàn) as a new launch differs from a resale condo purchase in three main ways. First, payment is progressive: instead of paying the full price upfront, payments are staged (5%, 20%, then construction-milestone instalments). Second, new launches ship with the developer's full fittings, warranty, and current building specifications. Third, while Buyer's Stamp Duty and ABSD apply identically to both, new launches give early-bird buyers access to preferred units, floors, and views at the official launch price. Resale condos move faster (immediate possession) but lack the construction-period payment flexibility.