FreeholdCCRDistrict 9 (River Valley)

Paterson Residence

Reviewed by Nathan TangUpdated 11 August 2026Data through Apr 2026 (URA)
Quick Summary

Paterson Residence is a freehold condominium in District 9 (River Valley) that obtained TOP in 2008, with 110 units across 7 blocks. Across 232 transactions on record, units have recently transacted around S$3.85M (S$2,699 psf, ~1,496 sqft). There are 10 units for sale from S$1.87M to S$8.50M.

1

What are the key facts about Paterson Residence?

Key Takeaway

Paterson Residence is a freehold condominium in District 9 (River Valley) that obtained TOP in 2008, with 110 units across 7 blocks.

Tenure
Freehold
TOP / Completion
2008
Developer
FIRST CAPITAL REALTY PTE LTD
Total units
110
Blocks
7
District / Area
District 9 (River Valley)
Market segment
CCR
Median PSF
S$2,699 psf
Last transacted
Apr 2026
Remaining lease
Freehold
2

What is the price and PSF at Paterson Residence?

Key Takeaway

Units have recently transacted around S$3.85M (S$2,699 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$3.85M

recent · 232 sales on record

Median PSF

S$2,699 psf

recent transactions

Median rent (monthly)

S$6,961

788 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$2,634 psf — about 2% below the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

3

What has recently sold at Paterson Residence?

Key Takeaway

Paterson Residence has 232 recorded sales; the most recent transacted at S$3,700,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$3,700,0001,313S$2,818 psf
Dec 2025S$4,220,0001,496S$2,820 psf
Nov 2025S$4,720,0001,658S$2,847 psf
May 2025S$3,530,0001,313S$2,688 psf
Mar 2025S$3,850,0001,496S$2,573 psf
Mar 2025S$3,570,0001,313S$2,719 psf
Feb 2025S$3,368,0001,313S$2,565 psf
Dec 2024S$4,040,0001,496S$2,700 psf
Oct 2024S$3,530,0001,313S$2,688 psf
Oct 2024S$4,300,0001,593S$2,699 psf
Apr 2024S$9,500,0004,898S$1,940 psf
Feb 2024S$4,065,0001,496S$2,717 psf

232 sales and 788 rentals on record since Oct 2005. Source: URA.

4

Are prices at Paterson Residence rising?

Key Takeaway

The median transacted PSF at Paterson Residence has risen 39% over the past 10 years (20152025), from S$1,927 psf to S$2,688 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$2,688 psfS$3.57M6+0.0%
2024S$2,688 psfS$4.04M6+7.0%
2023S$2,513 psfS$4.02M3+2.7%
2022S$2,446 psfS$3.66M2+3.6%
2021S$2,360 psfS$3.77M8+10.2%
2020S$2,142 psfS$3.25M2-4.9%
2019S$2,252 psfS$3.18M7-0.9%
2018S$2,272 psfS$3.10M6+16.8%
2016S$1,945 psfS$2.91M2+0.9%
2015S$1,927 psfS$2.53M2

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 Paterson Residence?

Key Takeaway

8,303 CEA-registered agents closed at least one recorded deal in District 9 — where Paterson Residence sits — in the last 12 months, across all property types.

Active agents · 12mo

8,303

District 9 · closed ≥1 deal

Deals on record

67,358

all-time · all property types

Source: CEA public transaction records, attributed to District 9across 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 Paterson Residence?

Key Takeaway

Paterson Residence has 10 units listed for sale, spanning 1–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom5S$1.87M–S$2.19MS$2,634 psf
4-bedroom2S$8.50M–S$8.50M
5-bedroom3S$8.50M–S$8.50M
7

Where is Paterson Residence and what's nearby?

Key Takeaway

Paterson Residence is located in River Valley, in the Central Region of Singapore.

Paterson Residence is a freehold condominium completed in 2008. It was developed by FIRST CAPITAL REALTY PTE LTD. The development has 110 residential units. It sits on a land area of 7,776 sqm and has a gross floor area of 16,330 sqm. The plot ratio is 2.1.

PATERSON RESIDENCE is located at 83 Paterson Road, Singapore 238543. It is part of District 09, Orchard / Cairnhill / River Valley, River Valley. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Orchard Boulevard MRT, approximately 737m away, around 12 minutes on foot. Nearby amenities include ION Orchard for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Zion Riverside Food Centre for food options, and Orchard Fountain Corner for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Clubhouse, Gymnasium room, Jacuzzi, and Multi-purpose hall.

8

Who built Paterson Residence and how big is the development?

Key Takeaway

Paterson Residence was developed by FIRST CAPITAL REALTY PTE LTD, designed by CPG CONSULTANTS PTE LTD, with 110 units over up to 20 storeys.

Developer
FIRST CAPITAL REALTY PTE LTD
Architect
CPG CONSULTANTS PTE LTD
Main contractor
CHINA CONSTRUCTION (SOUTH PACIFIC) DEVELOPMENT CO PTE LTD
Floors
20 storeys
Blocks
7
Land area
7,776 sqm (83,700 sqft)
Gross floor area
16,330 sqm (175,774 sqft)
Plot ratio
2.10
9

How far is Paterson Residence from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Paterson Residence is Orchard MRT, about 737 m away (~12 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority913 m
  • Alexandra Primary SchoolPrimary school1.2 km
  • Gan Eng Seng SchoolSecondary school1.4 km
  • Crescent Girls' SchoolSecondary school1.6 km
  • Anglo-Chinese School (Junior)Primary school1.6 km
  • St. Margaret's School (Primary)Primary school1.8 km
  • Zhangde Primary SchoolPrimary school1.8 km

Shops, food & parks

Mall: ION Orchard · 485 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 485 mHawker centre: Zion Riverside Food Centre · 870 mPark: Orchard Fountain Corner · 855 m

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

10

What facilities does Paterson Residence have?

Key Takeaway

Paterson Residence has 11 facilities, including Barbeque Area, Basement car park, Clubhouse, Gymnasium room, and more.

Barbeque AreaBasement car parkClubhouseGymnasium roomJacuzziMulti-purpose hallPutting Green24 hours securitySpa poolTennis courtsWading pool
11

What does it cost to own a unit at Paterson Residence?

Key Takeaway

Buying a unit at Paterson Residence (~S$3.85M) needs about S$28,183/mo in income and S$12,966/mo in repayments, after S$170,600 stamp duty and a S$963k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.85M) 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$170,600

BSD, tiered

Downpayment (25%)

S$963k

cash + CPF

Monthly instalment

S$12,966/mo

30y @ 3.5%

Income required

S$28,183/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 Paterson Residence? Ask before you commit.

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

PropKaki
Is Paterson Residence a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Paterson Residence

How much does a unit at Paterson Residence cost?

Units at Paterson Residence have recently transacted around S$3.85M (S$2,699 psf), from 232 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Paterson Residence?

For a unit around S$3.85M as a first home, you'd need roughly S$28,183/mo in income (assessed at the stress-test rate), with repayments near S$12,966/mo after a S$963k (25%) downpayment and S$170,600 Buyer's Stamp Duty.

Is Paterson Residence a good investment?

Gross rental yield is about 2.2%, and current asking prices sit about 2% below the most recent transacted PSF; median PSF has risen about 39% since 2015. 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 Paterson Residence going up?

The median transacted PSF at Paterson Residence has risen about 39% between 2015 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Paterson Residence freehold or leasehold?

Paterson Residence is freehold — ownership does not expire.

When was Paterson Residence built and who developed it?

Paterson Residence obtained TOP in 2008, developed by FIRST CAPITAL REALTY PTE LTD, with 110 units across 7 blocks.

How many units are for sale at Paterson Residence?

There are 10 units for sale at Paterson Residence, from S$1.87M to S$8.50M.

What is the nearest MRT to Paterson Residence?

The nearest MRT/LRT station to Paterson Residence is Orchard MRT, about 737 m away (~12 min walk).

Which primary schools are within 1 km of Paterson Residence?

River Valley Primary School is within 1 km of Paterson Residence — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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