Rent vs D18 -2.7%
Rents near district median
Melville Park's latest 12-month median rent is $3,550 compared with the D18 median of $3,650 for the same period. Use this district check before narrowing by bedroom and area band.
Melville Park rent and sale price
D18 / Tampines, Pasir Ris
Address 28 Simei Street 1 Melville Park Singapore 529948
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Quick summary about Melville Park
Melville Park is a 99-year leasehold condominium in D18 / Tampines, Pasir Ris. The page currently tracks 1,603 rentals and 261 sales. Melville Park is near UPPER CHANGI MRT STATION (DT34), about 0.64 km away.
For rent checks, start with the latest 12-month median of $3,550 per month and compare it with the full-history size-band range of $3,400 to $4,000. For sale checks, start with the latest 12-month median sale price of $967,700 and median sale PSF of $965 psf, then compare full-history floor-band evidence from $900,000 to $1,060,000 and PSF from $898 psf to $911 psf.
- Latest 12M median rent is $3,550 per month from 295 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $967,700, with median sale PSF at $965 psf from 41 sales.
- Rent is down 7.2% over the last 3 months. Sale PSF is down 0.6% over the last 3 months.
Melville Park Market Brief
Compare the project with D18 across rent, sale PSF, tenure and transaction activity.
Compared with D18
Sale PSF vs D18 -44.8%
Sale PSF below district median
Melville Park's latest 12-month median sale PSF is $965 psf versus the D18 median of $1,749 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 4.40%
Rent support above district screen
Gross yield is roughly 4.40% versus a D18 screen of 2.47%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 8.5% spread
Rent looks stable
Recent monthly median rents stayed within a tight 8.5% band.
Market activity +2.4%
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.
Before you decide
Latest 12M median rent $3,550
Is the asking rent fair?
$3,350 to $3,750 is the first fair-rent band to check. Above $3,750 should have a visible reason.
Latest 12M median sale PSF $965 psf
Is the purchase price fair?
$940,000 to $1,000,000 and $940 to $990 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $3,400
Are similar units renting for more?
2 bed and 900 to 1,000 sqft give the closest unit-size checks.
Rent stability 8.5% spread
Is rent stable here?
Rent looks stable. Recent monthly median rents stayed within a tight 8.5% band.
Transaction volume +2.4%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
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 261 resale transactions
Total sold value $257.7M
Melville Park Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 1,603 Jun 2021 to Sept 2026
Sale transactions 261 Jun 2021 to Sept 2026
Rent trend -7.2% Last 3 months
Sale PSF trend -0.6% 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
CHONGZHENG PRIMARY SCHOOL 0.92 km away
Amenities
SIMEI PARK CONNECTOR Park / green link · 0.96 km away
Melville Park Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,700 443 rentals in view
Latest median sale PSF $965 psf 71 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Sept 2026 15 $3,700 7 $965 psf $945,000
Aug 2026 26 $3,525 5 $964 psf $930,000
Jul 2026 26 $3,525 2 $964 psf $913,000
Jun 2026 29 $3,500 4 $970 psf $1,103,000
May 2026 25 $3,800 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
Projects Similar to Melville Park
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1996 Eastvale 3.1 km away 265 transactions
- Median rent
- $3,875
- Median sale PSF
- $997 psf
- Median rent
- $4,100
- Median sale PSF
- $909 psf
- Median rent
- $4,000
- Median sale PSF
- $961 psf
- Median rent
- $3,800
- Median sale PSF
- $1,038 psf
- Median rent
- $3,500
- Median sale PSF
- $1,099 psf
- Median rent
- $3,500
- Median sale PSF
- $1,081 psf
Melville Park Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,400 $3,252 1,001
3 bed $4,000 $3,811 602
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 $3,330 $3,228 821
1,000 to 1,100 sqft $3,500 $3,403 308
1,100 to 1,200 sqft $3,650 $3,549 71
1,200 to 1,300 sqft $4,000 $3,814 51
1,300 to 1,400 sqft $4,200 $3,955 262
1,400 to 1,500 sqft $4,225 $4,097 88
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 $898 psf 131
06 to 10 $928,500 $911 psf 106
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 latest 12-month median monthly rent of $3,550 across 295 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,550
Rentals in period 295
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
Latest 12M sales at Melville Park show a median price of $967,700 and $965 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $967,700
Latest 12M median PSF $965 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 261 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $257.7M
Latest record Sept 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.
Run Melville Park numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,550/mo Test gross and net yield against typical rent. Buy vs rent $967.7K Compare ownership cost against renting. Mortgage $967.7K Estimate monthly payment from the sale price. Stamp duty $965 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
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 latest 12-month median monthly rent of $3,550 across 295 rentals in that period.
What is the typical sale price at Melville Park?
The latest 12-month median sale price for Melville Park is $967,700, based on 41 sales in that period.
What is the median sale PSF at Melville Park?
The latest 12-month median sale price per square foot for Melville Park is $965 psf. The average for the same period is $965 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.