The Park Vale
Park Vale · D11 · Core central region · Condominium
The median sale at The Park Vale was $2,794,000 — $1,811 psf — across six transactions between March 2023 and Sept 2026. 999-year lease from 1874.
Figures here are based on just six sales, which is too few to call a market rate.
The Park Vale saw three sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
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.
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.
- 2023two sales$1754
- 2024one sale$1806
- 2026three sales$1929
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2023 | $2,750,000 | $1,754 psf | 2 |
| 2024 | $2,450,000 | $1,806 psf | 1 |
| 2026 | $2,868,000 | $1,929 psf | 3 |
Other developments in D11
- Dunearn House · $3,107 psf
- The Serra Residences · $3,315 psf
- Hillcrest Arcadia · $1,265 psf
- Sanctuary@Newton · $2,691 psf
- 10 Evelyn · $2,742 psf
- Watten House · $3,231 psf
- Park Infinia At Wee Nam · $2,391 psf
- Amaryllis Ville · $1,985 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.