Parking Ratio: Why 1,002 Bays for 830 Homes Matters
One of the least glamorous but most practical numbers in a purchase. Why a healthy parking ratio quietly protects your resale and rental pool.
Most buyers never ask about the condo parking ratio — then regret it at resale, or when a tenant walks because there’s nowhere for a second car. Cochrane Residence offers 1,002 car park bays for 830 units — and that ratio quietly does more for value than most people realise.
Check the unit and parking details on the Cochrane Residence main page →
What “parking ratio” means
Parking ratio is bays ÷ units. At Cochrane Residence, 1,002 bays across 830 homes is roughly 1.2 bays per unit — meaning the development is built with room for many households to have more than one car park. In a transit-linked address that’s best-of-both: you can go car-light thanks to the MRT, and you have parking flexibility when you need it.
- Resale: units with an extra bay sell easier and for more
- Rental: many tenants (couples, families) need two cars
- Flexibility: room for a second car, guest, or EV charging
- Everyday sanity: less circling, less contention
Why a low ratio hurts later
When a building has fewer bays than units, two-car households skip your unit (cutting your tenant and buyer pool), extra bays trade at a premium in the secondary market (and there may be none to buy), and daily friction rises. A healthier ratio removes those frictions before they start — which is why it belongs on your due-diligence checklist even though nobody puts it on a brochure cover.
Want to know how many bays come with a specific unit type? WhatsApp us — allocations vary by layout, and we’ll confirm for the unit you like.
Transit + parking = best of both
Cochrane is MRT-connected, so you can live car-light — but a healthy ratio means you’re not forced to. Singles and students skip the car and use the MRT; couples and families keep two cars and enjoy the transit; EV owners have room to add charging. A unit that suits both the car-free and the two-car household is a unit that lets and resells to everyone.
See the unit and parking detail
It’s on the main page. Need two bays? We’ll confirm the parking allocation for your layout, plus the floor plans and nett price.