Parc Vera

Hougang Street 32 · D19 · Outside central region · Condominium

The median sale at Parc Vera was $1,250,000 — $1,383 psf — across 77 transactions between Nov 2021 and Oct 2026. 99-year lease from 2010.

Median price

$1,250,000

77 sales in the window.

Median per sq ft

$1,383 psf

Median unit 872 sq ft.

Lease remaining

83 years

99-year lease from 2010

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease

$1,255

$1,250,000 over 83 years remaining.

Per sq ft per year

$17.27

What a square foot of this development costs for one year of lease.

Lease expires

2109

16 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

2021two sales$1106
202214 sales$1199
202317 sales$1254
202417 sales$1411
202516 sales$1476
202611 sales$1591

Show the figures

Year	Median price	Per sq ft	Sales
2021	$1,055,500	$1,106 psf	2
2022	$982,500	$1,199 psf	14
2023	$1,150,000	$1,254 psf	17
2024	$1,250,000	$1,411 psf	17
2025	$1,350,000	$1,476 psf	16
2026	$1,270,000	$1,591 psf	11

What it rents for

URA’s median of rental contracts lodged at Parc Vera in 2026Q3, per square foot per month.

Median rent per sq ft

$3.92

A month. Middle half of contracts ran $3.77 to $4.31.

Gross yield

3.40%

A year of median rent against the median sale price.

Median sale per sq ft

$1,383 psf

The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D19

Rivercove Residences · $1,631 psf
Riverfront Residences · $1,641 psf
Chuan Park · $2,598 psf
The Florence Residences · $1,775 psf
Affinity At Serangoon · $1,760 psf
Kingsford Waterbay · $1,415 psf
A Treasure Trove · $1,495 psf
Botanique At Bartley · $1,858 psf

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.