Melville Park rent and sale price
D18 / Tampines, Pasir Ris
Address 28 Simei Street 1 Melville Park Singapore 529948
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Condominium, Non-Landed Properties 1,753 transactions 99-year leasehold from 1992 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Melville Park
Melville Park is a 99-year leasehold condominium in D18 / Tampines, Pasir Ris. The page currently tracks 1,506 rentals and 247 sales. Melville Park is near UPPER CHANGI MRT STATION (DT34), about 0.64 km away.
For rent checks, start with the project median of $3,450 per month and compare it with the observed size-band range of $3,340 to $3,900. For sale checks, start with the median sale price of $918,000 and median sale PSF of $900 psf, then compare floor-band evidence from $900,000 to $1,060,000 and PSF from $892 psf to $909 psf.
- Typical rent is $3,450 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $918,000, with median sale PSF at $900 psf and total recorded sale value of $243.7M.
- Rent is up 7.9% over the last 3 months. Sale PSF is up 1.1% over the last 3 months.
Melville Park Market Position
How this project compares with the wider D18 market before you read the detailed tables.
Rent vs D18 -1.4%
Rents near district median
Melville Park's median rent is $3,450 compared with the D18 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D18 -37.4%
Sale PSF below district median
Melville Park's median sale PSF is $900 psf versus the D18 median of $1,438 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 4.51%
Rent support above district screen
Gross yield is roughly 4.51% versus a D18 screen of 2.90%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 11.4% spread
Rent looks stable
Recent monthly median rents stayed within a tight 11.4% band.
Market activity -11.7%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 1992 matters most on sale price. Compare Melville Park against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Melville Park Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,450
Is the asking rent fair?
$3,300 to $3,600 is the first fair-rent band to check. Above $3,600 should have a visible reason.
Median sale PSF $900 psf
Is the purchase price fair?
$890,000 to $950,000 and $870 to $930 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $3,340
Are similar units renting for more?
2 bed and 900 to 1,000 sqft give the closest unit-size checks.
Rent stability 11.4% spread
Is rent stable here?
Rent looks stable. Recent monthly median rents stayed within a tight 11.4% band.
Transaction volume -11.7%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Melville Park numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,450/mo Test gross and net yield against typical rent. Buy vs rent $918.0K Compare ownership cost against renting. Mortgage $918.0K Estimate monthly payment from the sale price. Stamp duty $900 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Melville Park Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 1992
Property type Condominium, Non-Landed Properties
Sales 247 resale transactions
Total sold value $243.7M
Melville Park Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 1,506 Jun 2021 to May 2026
Sale transactions 247 Jun 2021 to Jun 2026
Rent trend 7.9% Last 3 months
Sale PSF trend 1.1% Last 3 months
Melville Park Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
UPPER CHANGI MRT STATION (DT34) 0.64 km away
SIMEI MRT STATION (EW3) 0.7 km away
TAMPINES EAST MRT STATION (DT33) 1.14 km away
Schools nearby
ONE WORLD INTERNATIONAL SCHOOL (CHANGI CAMPUS) 0.67 km away
EAST SPRING PRIMARY SCHOOL 0.74 km away
NGEE ANN SECONDARY SCHOOL 0.89 km away
BIG HEART STUDENT CARE (CHONGZHENG PRIMARY SCHOOL) 0.92 km away
Amenities
HOUGANG GREEN SHOPPING MALL Mall / retail · 8.66 km away
GIANT SUPERMARKET LOYANG POINT Daily needs · 2.31 km away
SIMEI PARK CONNECTOR Park / green link · 0.96 km away
HAWKER CENTRE @ OUR TAMPINES HUB Food centre · 2.16 km away
Melville Park Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,775 418 rentals in view
Latest median sale PSF $970 psf 74 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 0 - 4 $970 psf $1,103,000
May 2026 24 $3,775 1 $967 psf $968,000
Apr 2026 26 $3,800 5 $976 psf $981,000
Mar 2026 24 $3,550 3 $966 psf $1,200,000
Feb 2026 25 $3,550 2 $959 psf $1,239,000
Jan 2026 24 $3,500 6 $955 psf $1,181,000
Dec 2025 22 $3,500 3 $951 psf $1,280,000
Nov 2025 28 $3,575 3 $981 psf $958,000
Oct 2025 25 $3,500 2 $949 psf $1,086,250
Sept 2025 25 $3,500 2 $942 psf $881,500
Aug 2025 17 $3,400 2 $953 psf $955,000
Jul 2025 30 $3,500 4 $965 psf $1,092,944
Projects Similar to Melville Park
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1996 Eastpoint Green 1.2 km away 763 transactions
- Median rent
- $3,500
- Median sale PSF
- $1,075 psf
- Median rent
- $3,950
- Median sale PSF
- $953 psf
- Median rent
- $4,000
- Median sale PSF
- $908 psf
- Median rent
- $3,800
- Median sale PSF
- $991 psf
- Median rent
- $3,500
- Median sale PSF
- $1,090 psf
- Median rent
- $3,700
- Median sale PSF
- $1,051 psf
Melville Park Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,340 $3,234 940
3 bed $3,900 $3,794 566
Melville Park Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
900 to 1,000 sqft $3,300 $3,215 775
1,000 to 1,100 sqft $3,500 $3,379 284
1,100 to 1,200 sqft $3,600 $3,533 67
1,200 to 1,300 sqft $4,000 $3,785 47
1,300 to 1,400 sqft $4,100 $3,938 247
1,400 to 1,500 sqft $4,200 $4,071 84
1,500 to 1,600 sqft $3,900 $3,900 2
Melville Park Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $900,000 $892 psf 125
06 to 10 $925,000 $903 psf 98
11 to 15 $1,060,000 $909 psf 24
Melville Park Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Melville Park shows a typical monthly rent of $3,450 across 1,506 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,450
Rentals 1,506
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Melville Park point to a typical sale price of $918,000 and $900 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $918,000
Median PSF $900 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 1992 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Melville Park has 247 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $243.7M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D18 to compare Melville Park against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Melville Park FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Melville Park?
Melville Park has a median monthly rent of $3,450 across 1,506 rentals.
What is the typical sale price at Melville Park?
The median sale price for Melville Park is $918,000, based on 247 sales on this page.
What is the median sale PSF at Melville Park?
The median sale price per square foot for Melville Park is $900 psf. The average sale PSF is $871 psf.
Is Melville Park freehold or leasehold?
Melville Park is listed as 99-year leasehold from 1992. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Melville Park located?
Melville Park is located at 28 Simei Street 1 Melville Park Singapore 529948 in D18 / Tampines, Pasir Ris.
How current is the Melville Park transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.