Property Comparison
PARC ESTA vs PENROSE
Geylang, Paya Lebar · Both projects in the same district
Side-by-Side Comparison
| Metric | PARC ESTA | PENROSE |
|---|---|---|
| Median PSF | $1,889.03 | $1,703.224 |
| Median Price | $1.60M | $2.12M |
| Recent PSF (Last 10) | $2,319 | $2,168 |
| District | D14 | D14 |
| Property Type | Apartment | Apartment |
| Tenure | 99 yrs lease commencing from 2018 | 99 yrs lease commencing from 2019 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 890 | 678 |
Who Should Buy PARC ESTA vs PENROSE?
🏠 First-Time Buyer
Parc Esta is the more accessible option for first-time buyers due to its lower median price of $1,601,500 compared to $2,160,000 at Penrose. The entry-level PSF at Parc Esta starts at $1,761, allowing for a lower initial capital outlay than the $2,028 minimum PSF recorded at Penrose.
📈 Investor
Investors may favor Parc Esta due to its higher transaction volume of 890 units, which indicates greater market liquidity than the 678 transactions at Penrose. The project also shows a wider PSF range of $1,761 to $2,610, providing more varied entry points for different investment strategies.
👨👩👧👦 Family
Penrose may suit families seeking newer developments as its 99-year lease commenced in 2019, one year later than Parc Esta. The higher median price of $2,160,000 at Penrose suggests larger average unit sizes compared to the $1,601,500 median price found at Parc Esta.