PropKaki
FreeholdCCRDistrict 9 (River Valley)

Paterson Residence

Reviewed by Nathan TangUpdated 24 October 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 22 units for sale from S$1.87M to S$33.00M.

Key facts about Paterson Residence
TenureFreehold
TOP year2008
DeveloperFIRST CAPITAL REALTY PTE LTD
Units110 in 7 blocks
District and areaDistrict 9 · River Valley · CCR
Nearest MRTOrchard MRT, 737 m (~12 min walk)
Latest median psfS$2,699 psf, last 12 URA caveats to Apr 2026
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1

What's for sale and for rent at Paterson Residence?

Key Takeaway

Paterson Residence has 22 units listed for sale, asking S$1.87M to S$33.00M (median S$2,208 psf), and 25 units for rent at a median of S$18,500 a month.

For sale

22 listings

S$1.87M – S$33.00M

For rent

25 listings

S$8,900 – S$18,500 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom5S$1.87M–S$1.90MS$2,634 psf
4-bedroom2S$8.50M–S$8.50M—
5-bedroom11S$8.50M–S$8.50MS$2,206 psf
6-bedroom2S$14.00M–S$14.00MS$4,118 psf
7-bedroom2S$33.00M–S$33.00MS$4,714 psf

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

2

What are the floor plans and unit sizes at Paterson Residence?

Key Takeaway

PropKaki has 5 layouts on record for Paterson Residence, from 3 to 4 bedrooms (1,313 sqft to 3,531 sqft).

BedroomsLayoutsSizes
3 Bedroom11,313 sq ft
4 Bedroom21,496 to 1,593 sq ft
Other layouts23,143 to 3,531 sq ft

PropKaki holds 5 floor plans for Paterson Residence.

See Paterson Residence's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

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

793 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$2,208 psf — about 18% below the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

4

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 793 rentals on record since Oct 2005. Source: URA.

5

Are prices at Paterson Residence rising?

Key Takeaway

The median transacted PSF at Paterson Residence has risen 39% over the past 10 years (2015–2025), 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.

6

Is Paterson Residence a good investment?

Key Takeaway

Of 122 units at Paterson Residence that were bought and later resold (bought from 2005, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 23% over a median 4.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 18% less 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

89%

of 122 resales here

Median gain

23%

gross, before costs

Median hold

4.2 years

bought to resold

Every unit at Paterson Residence 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around Paterson Residence?

Key Takeaway

8,856 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

8,856

District 9 · closed ≥1 deal

Deals on record

69,296

all-time · all property types

Source: CEA public transaction records, attributed to District 9 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 Paterson Residence? Ask before you commit.

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

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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…
13

Frequently asked questions about Paterson Residence

Is Paterson Residence freehold?⌄

Yes. Paterson Residence is freehold, so ownership does not run out.

How old is Paterson Residence?⌄

Paterson Residence was completed (obtained TOP) in 2008, so it is about 18 years old.

Is Paterson Residence a good investment?⌄

Of 122 units at Paterson Residence that were bought and later resold (bought from 2005, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 23% over a median 4.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 18% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Paterson Residence an EC?⌄

No. Paterson Residence is a private condominium, not an executive condominium (EC).

Who is the developer of Paterson Residence?⌄

Paterson Residence was developed by FIRST CAPITAL REALTY PTE LTD.

What is the price of a condo at Paterson Residence?⌄

Units at Paterson Residence have recently sold for around S$3.85M (S$2,699 psf), the median of the last 12 URA caveats to Apr 2026. The price depends on size, floor and facing. 22 units are listed for sale from S$1.87M to S$33.00M.

Where is Paterson Residence located?⌄

Paterson Residence is at 83 Paterson Road, Singapore 238543, in River Valley (District 9). The nearest MRT station is Orchard MRT, about 737 m away.

How many units are there in Paterson Residence?⌄

Paterson Residence has 110 units in 7 blocks, up to 20 storeys high.

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.

Are prices at Paterson Residence going up?⌄

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

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 get priority in Primary 1 (P1) registration.