99-yearOCRDistrict 19 (Hougang)

Parc Vera

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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 620 transactions on record, units have recently transacted around S$1.38M (S$1,514 psf, ~872 sqft). There are 32 units for sale from S$1.20M to S$3.78M. The lease has approximately 83 years remaining.

1

What are the key facts about Parc Vera?

Key Takeaway

Parc Vera is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2014, with 452 units across 5 blocks.

Tenure
99-year
TOP / Completion
2014
Developer
SIM LIAN (HOUGANG) PTE LTD
Total units
452
Blocks
5
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,514 psf
Last transacted
Jun 2026
Remaining lease
≈ 83 years
2

What is the price and PSF at Parc Vera?

Key Takeaway

Units have recently transacted around S$1.38M (S$1,514 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.38M

recent · 620 sales on record

Median PSF

S$1,514 psf

recent transactions

Median rent (monthly)

S$2,563

768 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$1,111 psf — about 27% below the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Parc Vera?

Key Takeaway

Parc Vera has 620 recorded sales; the most recent transacted at S$1,250,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)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
Oct 2025S$1,320,000872S$1,514 psf

620 sales and 768 rentals on record since Nov 2011. Source: URA.

4

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$1.27M6+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.

5

How many property agents are active around Parc Vera?

Key Takeaway

11,111 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

11,111

District 19 · closed ≥1 deal

Deals on record

72,282

all-time · all property types

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

6

What bedroom types are available at Parc Vera?

Key Takeaway

Parc Vera has 32 units listed for sale, spanning 2–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom15S$1.20M–S$1.48M
3-bedroom8S$1.48M–S$2.00MS$1,735 psf
4-bedroom7S$3.18M–S$3.50MS$1,111 psf
5-bedroom2S$3.78M–S$3.78M
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

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
9

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.

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
12

Frequently asked questions about Parc Vera

How much does a unit at Parc Vera cost?

Units at Parc Vera have recently transacted around S$1.38M (S$1,514 psf), from 620 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Parc Vera a good investment?

Gross rental yield is about 2.2%, and current asking prices sit about 27% below the most recent transacted PSF; median PSF has risen about 64% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Parc Vera going up?

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

Is Parc Vera freehold or leasehold?

Parc Vera is 99-year, with approximately 83 years remaining on the lease.

When was Parc Vera built and who developed it?

Parc Vera obtained TOP in 2014, developed by SIM LIAN (HOUGANG) PTE LTD, with 452 units across 5 blocks.

How many units are for sale at Parc Vera?

There are 32 units for sale at Parc Vera, from S$1.20M to S$3.78M.

What is the nearest MRT to Parc Vera?

The nearest MRT/LRT station to Parc Vera is Hougang MRT, about 898 m away (~14 min walk).

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 qualify for Primary 1 (P1) registration priority.

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