99-yearOCRDistrict 19 (Hougang)

Parc Vera

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Parc Vera is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2014, with 452 units across 5 blocks. Across 621 transactions on record, units have recently transacted around S$1.38M (S$1,578 psf, ~872 sqft). There are 45 units for sale from S$1.20M to S$3.78M. The lease has approximately 83 years remaining.

Key facts about Parc Vera
Tenure99-year leasehold from 2010 (≈83 years left)
TOP year2014
DeveloperSIM LIAN (HOUGANG) PTE LTD
Units452 in 5 blocks
District and areaDistrict 19 · Hougang · OCR
Nearest MRTHougang MRT, 898 m (~14 min walk)
Latest median psfS$1,578 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Parc Vera?

Key Takeaway

Parc Vera has 45 units listed for sale, asking S$1.20M to S$3.78M (median S$1,663 psf), and 22 units for rent at a median of S$3,500 a month.

For sale

45 listings

S$1.20M – S$3.78M

For rent

22 listings

S$1,000 – S$8,000 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom25S$1.20M–S$1.45MS$1,663 psf
3-bedroom7S$1.78M–S$2.00MS$1,770 psf
4-bedroom11S$2.30M–S$3.50MS$1,111 psf
5-bedroom2S$3.78M–S$3.78M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Parc Vera?

Key Takeaway

Floor plans for Parc Vera aren't in PropKaki's library yet. Across 621 URA caveats, units range from 710 sqft to 3,950 sqft, and the middle half are 786 sqft to 1,141 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom786 sqft to 872 sqftS$1.20M · S$1,663 psf
3-bedroom1,130 sqftS$1.78M · S$1,770 psf
4-bedroom1,410 sqft to 2,971 sqftS$2.30M · S$1,111 psf
5-bedroom3,305 sqftS$3.78M

Check the Floor Plan Finder for Parc Vera →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Parc Vera?

Key Takeaway

Units have recently transacted around S$1.38M (S$1,578 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.38M

recent · 621 sales on record

Median PSF

S$1,578 psf

recent transactions

Median rent (monthly)

S$2,570

773 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$1,663 psf — about 5% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Parc Vera?

Key Takeaway

Parc Vera has 621 recorded sales; the most recent transacted at S$1,240,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,240,000786S$1,578 psf
Jun 2026S$1,250,000786S$1,591 psf
Jun 2026S$1,438,000872S$1,649 psf
Jun 2026S$1,250,000883S$1,416 psf
May 2026S$1,270,000786S$1,616 psf
Apr 2026S$3,399,0003,305S$1,029 psf
Jan 2026S$1,820,0001,141S$1,595 psf
Dec 2025S$1,020,000710S$1,436 psf
Dec 2025S$1,380,000872S$1,583 psf
Dec 2025S$3,200,0002,971S$1,077 psf
Nov 2025S$1,868,0001,302S$1,434 psf
Nov 2025S$1,833,8881,141S$1,607 psf

621 sales and 773 rentals on record since Nov 2011. Source: URA.

5

Are prices at Parc Vera rising?

Key Takeaway

The median transacted PSF at Parc Vera has risen 64% over the past 9 years (20172026), from S$971 psf to S$1,591 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,591 psfS$1.27M7+8.7%
2025S$1,464 psfS$1.32M16+3.8%
2024S$1,411 psfS$1.25M17+12.5%
2023S$1,254 psfS$1.15M17+4.8%
2022S$1,196 psfS$980k14+11.9%
2021S$1,069 psfS$961k26+9.6%
2020S$975 psfS$915k11-4.1%
2019S$1,017 psfS$930k19+0.9%
2018S$1,008 psfS$858k30+3.8%
2017S$971 psfS$868k14

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Parc Vera a good investment?

Key Takeaway

Of 179 units at Parc Vera that were bought and later resold (bought from 2011, resold up to 2026), 98% sold for more than they were bought for, with a median gain of 23% over a median 7.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

98%

of 179 resales here

Median gain

23%

gross, before costs

Median hold

7.7 years

bought to resold

Every unit at Parc Vera with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Parc Vera and what's nearby?

Key Takeaway

Parc Vera is located in Hougang, in the North-East Region of Singapore.

Parc Vera is a 99-year condominium completed in 2014. It was developed by SIM LIAN (HOUGANG) PTE LTD. The development has 452 residential units. It sits on a land area of 15,630 sqm and has a gross floor area of 43,765 sqm. The plot ratio is 2.8.

PARC VERA is located at 2 Hougang Street 32, Singapore 534037. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Hougang MRT, approximately 898m away, around 14 minutes on foot. Nearby amenities include Hougang Mall for shopping, LIM KING CHEW for groceries, and Jln Naung Pg for greenery and recreation. Facilities in the development include BBQ, Clubhouse, Fun Pool, Jacuzzi, Lap Pool, and Pavilion.

8

How far is Parc Vera from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Parc Vera is Hougang MRT, about 898 m away (~14 min walk). 5 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Holy Innocents' Primary SchoolPrimary schoolwithin 1 km · P1 priority377 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority845 m
  • Holy Innocents' High SchoolSecondary schoolwithin 1 km873 m
  • Anderson Serangoon Junior CollegeJunior collegewithin 1 km931 m
  • Yuying Secondary SchoolSecondary schoolwithin 1 km931 m
  • Chij Our Lady Of The NativityPrimary school1.1 km
  • Montfort Junior SchoolPrimary school1.3 km
  • Montfort Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Hougang Mall · 985 mSupermarket: Lim King Chew · 189 mPark: Jln Naung Pg · 702 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Parc Vera and how big is the development?

Key Takeaway

Parc Vera was developed by SIM LIAN (HOUGANG) PTE LTD, designed by SEP PARTNERSHIP, with 452 units over up to 17 storeys.

Developer
SIM LIAN (HOUGANG) PTE LTD
Architect
SEP PARTNERSHIP
Main contractor
S&L CITY BUILDERS PTE LTD
Floors
17 storeys
Blocks
5
Land area
15,630 sqm (168,240 sqft)
Gross floor area
43,765 sqm (471,082 sqft)
Plot ratio
2.80
10

What facilities does Parc Vera have?

Key Takeaway

Parc Vera has 12 facilities, including BBQ, Clubhouse, Fun Pool, Jacuzzi, and more.

BBQClubhouseFun PoolJacuzziLap PoolPavilionPlaygroundPool DeckSecurityTennis CourtTimber DeckWaterfall
11

What does it cost to own a unit at Parc Vera?

Key Takeaway

Buying a unit at Parc Vera (~S$1.38M) needs about S$10,102/mo in income and S$4,648/mo in repayments, after S$39,800 stamp duty and a S$345k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.38M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$39,800

BSD, tiered

Downpayment (25%)

S$345k

cash + CPF

Monthly instalment

S$4,648/mo

30y @ 3.5%

Income required

S$10,102/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Parc Vera?

Key Takeaway

11,112 CEA-registered agents closed at least one recorded deal in District 19 — where Parc Vera sits — in the last 12 months, across all property types.

Active agents · 12mo

11,112

District 19 · closed ≥1 deal

Deals on record

72,395

all-time · all property types

Source: CEA public transaction records, attributed to District 19 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Parc Vera? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Parc Vera's own transactions.

PropKaki
Is Parc Vera a good buy, and what are units selling for?

Recent units at Parc Vera sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Parc Vera

Is Parc Vera freehold?

No. Parc Vera is on a 99-year lease that started in 2010, with about 83 years left.

How old is Parc Vera?

Parc Vera was completed (obtained TOP) in 2014, so it is about 12 years old.

Is Parc Vera a good investment?

Of 179 units at Parc Vera that were bought and later resold (bought from 2011, resold up to 2026), 98% sold for more than they were bought for, with a median gain of 23% over a median 7.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Parc Vera an EC?

No. Parc Vera is a private condominium, not an executive condominium (EC).

Who is the developer of Parc Vera?

Parc Vera was developed by SIM LIAN (HOUGANG) PTE LTD.

What is the price of a condo at Parc Vera?

Units at Parc Vera have recently sold for around S$1.38M (S$1,578 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 45 units are listed for sale from S$1.20M to S$3.78M.

Where is Parc Vera located?

Parc Vera is at 2 Hougang Street 32, Singapore 534037, in Hougang (District 19). The nearest MRT station is Hougang MRT, about 898 m away.

How many units are there in Parc Vera?

Parc Vera has 452 units in 5 blocks, up to 17 storeys high.

How much do I need to earn to buy at Parc Vera?

For a unit around S$1.38M as a first home, you'd need roughly S$10,102/mo in income (assessed at the stress-test rate), with repayments near S$4,648/mo after a S$345k (25%) downpayment and S$39,800 Buyer's Stamp Duty.

Are prices at Parc Vera going up?

The median price per square foot at Parc Vera has risen about 64% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Parc Vera?

Holy Innocents' Primary School, Xinghua Primary School are within 1 km of Parc Vera. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.