Melville Park
Melville Park is a private residential development in District 18 (Tampines / Pasir Ris), in the Outside Central Region. In the 12 months to August 2026, the median price was S$963 psf from 38 sales.
At a glance
- District
- District 18 (Tampines / Pasir Ris)
- Region
- Outside Central Region
- Type
- Private Residential
- Tenure
- 99-year lease from 1992, about 65 years left
- Completed
- 1996, about 30 years old
What the prices say
The median home in Melville Park sold for S$966,350: the middle of 38 sales in the 12 months to August 2026.
That is well below the middle condo project in District 18 (Tampines / Pasir Ris), which sold at S$1,407 psf across 41 projects: about 32% lower. By price per square foot it ranks 40th of the 40 projects in the district that have a price to show, where 1st is the highest.
Year by year, the median was S$710 psf in 2021 (70 sales) and S$965 psf in 2026 so far (28 sales), up about 36%. The highest year in the record was 2025 at S$934 psf.
Floor made little difference: floors 11 to 15 sold at S$920 psf against S$939 psf on floors 1 to 5 (24 months).
By unit size (24 months): 900 to 1,199 sq ft at S$940 psf and 1,200 to 1,499 sq ft at S$931 psf. Price per square foot was similar across sizes.
Against similar projects in the district
This project and the three others in District 18 (Tampines / Pasir Ris) whose median over the last 12 months is closest to Melville Park's S$963 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.
Their middle figure is S$1,057 psf, so Melville Park sold noticeably below it: about 9% lower.
| Project | Median price per sq ft | Sales |
|---|---|---|
| Melville Park | S$963 psf | 38 |
| Elias Green | S$968 psf | 13 |
| Eastvale | S$1,057 psf | 11 |
| Simei Green Condominium | S$1,098 psf | 19 |
What sells here
38 homes sold in the last 12 months, down from 63 in the 12 months before.
The most common size was 900 to 1,199 sq ft, with 59 of the 101 sales in the last 24 months, close to half.
None of the 101 sales in the last 24 months were first sales of new units: all 101 were resales.
The first new sale in our records was in February 1995.
Rents and yield
Rental contracts that began in the 12 months to August 2026 had a median rent of S$3,550 a month (301 contracts). That is about the same as the district's S$3,600, within 2%.
Over the 24 months the median rent was S$3,500 (580 contracts), about the same as the latest 12 months, within 2%.
By bedrooms: 2 bedrooms S$3,500 (186) and 3 bedrooms S$4,200 (115). The figure in brackets is the number of contracts.
Setting rent against price for 900 to 1,199 sq ft homes (223 rentals and 24 resale or sub-sale transactions) gives a gross yield estimate of 4.5%: a median rent of S$3,500 a month against a median price of S$928,500. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.
Across 2 size ranges the estimate runs from 4.0% to 4.5%.
1,200 to 1,499 sq ft: 4.0% (rent S$4,300 a month, price S$1,290,000).
Age and lease
6 other projects in District 18 (Tampines / Pasir Ris) were completed within 5 years of Melville Park and have a price. Their middle price was S$1,139 psf, so Melville Park sold well below projects of a similar age: about 15% lower.
The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.
Leases and tenure in the glossary
What this page cannot tell you
A median is the middle of many different homes in Melville Park. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.
The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.
Questions this page answers
What is the median price per square foot in Melville Park?
S$963 psf in the 12 months to August 2026, from 38 sales. For the median home that is S$966,350.
How many homes sold in Melville Park?
38 in the last 12 months and 101 in the last 24 months, across all sale types.
What do homes in Melville Park rent for?
The median rent for contracts that began in the 12 months to August 2026 was S$3,550 a month, from 301 contracts.
What is the rental yield in Melville Park?
Between 4.0% and 4.5% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.
How much lease is left in Melville Park?
It is a 99-year lease from 1992, which leaves about 65 years at 2026.
Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.
The figures
Sale prices
| Period | Median price per sq ft | Median price | Sales |
|---|---|---|---|
| Last 12 months | S$963 psf | S$966,350 | 38 |
| Last 24 months | S$940 psf | S$968,000 | 101 |
| Last 5 years | S$910 psf | S$930,000 | 224 |
Source: URA data. Data as of August 2026.
Price by year
| Year | Median price per sq ft | Sales |
|---|---|---|
| 2021 | S$710 psf | 70 |
| 2022 | S$821 psf | 36 |
| 2023 | S$911 psf | 40 |
| 2024 | S$907 psf | 50 |
| 2025 | S$934 psf | 53 |
| 2026 (to August) | S$965 psf | 28 |
Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.
Price by floor range
| Floor range | Median price per sq ft | Sales |
|---|---|---|
| Floors 1 to 5 | S$939 psf | 47 |
| Floors 6 to 10 | S$944 psf | 45 |
| Floors 11 to 15 | S$920 psf | 9 |
Price by unit size
| Size | Median price per sq ft | Sales |
|---|---|---|
| 900 to 1,199 sq ft | S$940 psf | 59 |
| 1,200 to 1,499 sq ft | S$931 psf | 40 |
The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.
Rent against price for Melville Park, by size
Rents
| Period | Median rent | Contracts |
|---|---|---|
| Last 12 months | S$3,550 a month | 301 |
| Last 24 months | S$3,500 a month | 580 |
| Bedrooms | Median rent, 12 months | Contracts | Median rent, 24 months |
|---|---|---|---|
| 1 bedroom | Under 5 contracts | 0 | Under 5 contracts |
| 2 bedrooms | S$3,500 a month | 186 | S$3,400 a month |
| 3 bedrooms | S$4,200 a month | 115 | S$4,200 a month |
| 4 or more bedrooms | Under 5 contracts | 0 | Under 5 contracts |
Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.
Where to look next
- Work out the stamp duty on a purchase at these prices (Free, no sign-in)
- How buyer stamp duty works
- Loan limits: how much a bank can lend
- The cooling measures, including additional stamp duty
- Other condos in District 18 (Tampines / Pasir Ris)
- Rents for every district, by size
- Rent against price for Melville Park, by size
- Leases and tenure in the glossary
What could a unit here sell for?
Condo Atlas can give an indicative value for a unit in Melville Park, with a likely range and the recent sales behind it. Sign in is free.
Open Melville Park in Condo AtlasOther condos in District 18 (Tampines / Pasir Ris)
- Modena
- My Manhattan
- Nv Residences
- Oasis @ Elias
- Parc Central Residences
- Parktown Residence
- Pasir Ris 8
- Pasir Ris Garden
- Pinevale
- Q Bay Residences
- Ripple Bay
- Ris Grandeur
About the data
Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.