# Sale of four-bedder takes Geylang condo Parc Esta to new high of $2,679 psf

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-27T06:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/sale-four-bedder-takes-geylang-condo-parc-esta-new-high-2679-psf
- **Topics:** Private Residential, Transactions & Deals

## Featured rationale

The new peak signals resilient resale demand for well-connected city-fringe condominiums and may support pricing expectations for comparable units at Parc Esta and nearby projects.

## AI summary

A 1,227 sq ft four-bedroom Parc Esta unit sold for $3.29 million on Aug 17, setting the development’s record at $2,679 psf.

## Original article

Parc Esta — a 99-year leasehold development in District 14 — topped the list of private non-landed residential developments to hit a new psf-price peak in the week of Aug 11 to 18. It scored a fresh high of $2,679 psf when a 1,227 sq ft four-bedder on the 13th floor changed hands for $3.29 million on Aug 17.

The price is slightly above Parc Esta’s previous record of $2,635 psf, set on March 3 by the sale of a 1,119 sq ft, three-bedroom apartment for $2.95 million.

Situated along Sims Avenue, Parc Esta was completed in 2022 and comprises 1,399 apartments housed across nine 18-storey blocks. Two- and three-bedroom layouts make up the majority of the development’s unit mix, ranging from 581 to 1,335 sq ft.

Read also: Sixteen35 Residences dips to record-low $1,334 psf on resale

Parc Esta is within a four-minute walk of Eunos MRT Station, while nearby dining and lifestyle amenities at City Plaza, Kinex Mall, Paya Lebar Quarter and Paya Lebar Square are about a six-minute drive away.

In terms of absolute price, the development’s most expensive transaction was recorded twice, with two 1,399 sq ft apartments each selling for $3.6 million ($2,573 psf), on Feb 12 and March 18, respectively.

Ranking second for the week was a transaction at Gilstead Two in District 11. On Aug 13, a 904 sq ft, two-bedroom apartment on the 31st floor fetched $2.33 million, setting a new record of $2,577 psf.

The sale edges out Gilstead Two’s previous price peak of $2,508 psf, when another 904 sq ft two-bedder sold for $2.27 million almost three years earlier in November 2023.

Gilstead Two has seen a steady increase in resale psf prices over the years, according to a tabulation of caveats by EdgeProp Singapore. Its one-year average resale price has risen from $2,018 psf in August 2019 to about $2,310 psf as of August this year.

Located on Gilstead Road, just off Dunearn Road, Gilstead Two is a freehold development completed in 2014. It consists of a single 34-storey tower with 110 apartments, mostly comprising two-bedders ranging from 775 to 1,572 sq ft. It also has two four-bedroom duplex penthouses, each measuring 2,874 sq ft.

Read also: Four-bedder at Grange Residences hits new record high of $3,786 psf

Newton MRT Interchange Station is a six-minute walk away. Several schools are also within a 1km radius of Gilstead Two, including Anglo-Chinese School (Junior), Anglo-Chinese School (Primary) and St Joseph’s Institution Junior.

As for new psf-price lows, only one project made the list during the week in review.

A 1,679 sq ft, four-bedroom apartment at Arina East Residences was purchased from the developers for $4.3 million on Aug 15, establishing a new psf-price low of $2,558 psf at the freehold development.

That is the second time an apartment at the project has transacted below the $2,600 psf threshold. The sale of a 495 sq ft one-bedder on the second floor for $1.27 million ($2,561 psf) in October last year marked the development’s previous record low.

Located on Tanjong Rhu Road in District 15, Arina East Residences has 107 apartments, with one- to four-bedroom layouts measuring between 495 and 1,679 sq ft.

At its launch in June last year, the developers moved 10 apartments through a private placement exercise, at an average price of $3,008 psf. Based on caveats lodged as of Aug 25, 14 apartments remain unsold.

Arina East Residences is slated to receive its temporary occupation permit in 2027.

Read also: Bukit Timah condo Daintree Residence hits new price peak of $2,242 psf

## Chinese translation

> Translation model: grok_cli

### 一套四房单位成交将芽笼共管公寓Parc Esta推至每平方英尺新元2,679元新高

Parc Esta以每平方英尺新元2,679元领跑本周新高价，而Arina East Residences则创下每平方英尺新元2,558元的新低。

Parc Esta——位于第14区的99年地契项目——在8月11日至18日当周，位列创下每平方英尺价格新高的私人非有地住宅项目之首。8月17日，一套位于13楼、面积1,227平方英尺的四房单位以新元329万元转手，创下每平方英尺新元2,679元的新高。

该价格略高于Parc Esta此前每平方英尺新元2,635元的纪录，该纪录由3月3日一套1,119平方英尺三房公寓以新元295万元售出创下。

Parc Esta坐落于Sims Avenue，于2022年竣工，共有1,399套公寓，分布在九座18层楼中。两房和三房户型占项目单位组合的大部分，面积介于581至1,335平方英尺。

另读：Sixteen35 Residences转售跌至每平方英尺新元1,334元的纪录低位

Parc Esta步行四分钟即可到达友诺士地铁站，附近City Plaza、Kinex Mall、Paya Lebar Quarter和Paya Lebar Square的餐饮及生活配套约六分钟车程。

以绝对价格计，该项目最昂贵成交出现过两次，两套1,399平方英尺公寓分别于2月12日和3月18日各以新元360万元（每平方英尺新元2,573元）售出。

当周排名第二的是第11区Gilstead Two的一笔成交。8月13日，一套位于31楼、面积904平方英尺的两房公寓以新元233万元成交，创下每平方英尺新元2,577元的新纪录。

该成交略超Gilstead Two此前每平方英尺新元2,508元的价格高点，当时另一套904平方英尺两房单位于近三年前的2023年11月以新元227万元售出。

根据EdgeProp Singapore对买卖合约备案的汇总，Gilstead Two多年来转售每平方英尺价格稳步上升。其一年平均转售价已从2019年8月的每平方英尺新元2,018元升至今年8月的约每平方英尺新元2,310元。

Gilstead Two位于Gilstead Road，紧邻Dunearn Road，是2014年竣工的永久地契项目。项目由一座34层单塔组成，共110套公寓，多数为面积介于775至1,572平方英尺的两房单位。另有两套四房复式顶层公寓，各为2,874平方英尺。

另读：Grange Residences一套四房单位创下每平方英尺新元3,786元新高

步行六分钟即可到达纽顿地铁转换站。Gilstead Two周边1公里范围内还有多所学校，包括Anglo-Chinese School (Junior)、Anglo-Chinese School (Primary)和St Joseph’s Institution Junior。

至于每平方英尺价格新低，本周回顾期间仅有一个项目上榜。

8月15日，Arina East Residences一套1,679平方英尺的四房公寓以新元430万元从发展商购入，为该永久地契项目创下每平方英尺新元2,558元的新低。

这是该项目公寓第二次以低于每平方英尺新元2,600元的门槛成交。去年10月，一套位于二楼、面积495平方英尺的一房单位以新元127万元（每平方英尺新元2,561元）售出，创下该项目此前的纪录低位。

Arina East Residences位于第15区Tanjong Rhu Road，共有107套公寓，一房至四房户型面积介于495至1,679平方英尺。

去年6月开盘时，发展商通过私下配售售出10套公寓，平均价格为每平方英尺新元3,008元。根据截至8月25日备案的买卖合约，仍有14套公寓未售出。

Arina East Residences预计将于2027年获得临时入伙准证。

另读：武吉知马共管公寓Daintree Residence创下每平方英尺新元2,242元价格新高