FreeholdCCRDistrict 9 (River Valley)

Paterson Suites

Reviewed by Nathan TangUpdated 24 October 2026Data through May 2026 (URA)
Quick Summary

Paterson Suites is a freehold condominium in District 9 (River Valley) that obtained TOP in 2010, with 102 units across 2 blocks. Across 150 transactions on record, units have recently transacted around S$5.10M (S$2,728 psf, ~1,765 sqft). There are 49 units for sale from S$5.08M to S$13.68M.

Key facts about Paterson Suites
TenureFreehold
TOP year2010
DeveloperBUKIT SEMBAWANG VIEW PTE LTD
Units102 in 2 blocks
District and areaDistrict 9 · River Valley · CCR
Nearest MRTOrchard MRT, 759 m (~12 min walk)
Latest median psfS$2,728 psf, last 12 URA caveats to May 2026
1

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

Key Takeaway

Paterson Suites has 49 units listed for sale, asking S$5.08M to S$13.68M (median S$3,020 psf), and 18 units for rent at a median of S$12,500 a month.

For sale

49 listings

S$5.08M – S$13.68M

For rent

18 listings

S$11,000 – S$16,000 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom42S$5.08M–S$5.35MS$3,020 psf
4-bedroom6S$6.68M–S$6.68MS$2,998 psf
6-bedroom1S$13.68M–S$13.68MS$4,009 psf

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

2

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

Key Takeaway

PropKaki has 5 layouts on record for Paterson Suites, from 3 to 4 bedrooms (1,679 sqft to 21,642,228 sqft).

BedroomsLayoutsSizes
3 Bedroom21,679 to 17,221,776 sq ft
4 Bedroom121,642,228 sq ft
Other layouts23,143 to 3,531 sq ft

PropKaki holds 5 floor plans for Paterson Suites.

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

Layouts digitised from developer brochures.

3

What is the price and PSF at Paterson Suites?

Key Takeaway

Units have recently transacted around S$5.10M (S$2,728 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$5.10M

recent · 150 sales on record

Median PSF

S$2,728 psf

recent transactions

Median rent (monthly)

S$9,280

598 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$3,020 psf — about 11% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

4

What has recently sold at Paterson Suites?

Key Takeaway

Paterson Suites has 150 recorded sales; the most recent transacted at S$4,500,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$4,500,0001,744S$2,581 psf
Mar 2026S$5,100,0001,765S$2,889 psf
Jan 2026S$4,839,6881,679S$2,882 psf
Jan 2026S$5,000,0001,679S$2,978 psf
Jan 2026S$5,950,0002,164S$2,750 psf
Jan 2026S$5,960,0002,185S$2,728 psf
Dec 2025S$5,900,0002,164S$2,727 psf
Dec 2025S$4,850,0001,722S$2,816 psf
Jul 2025S$5,700,0002,196S$2,596 psf
Jun 2024S$5,913,0002,228S$2,654 psf
Jun 2024S$4,900,0001,679S$2,918 psf
Mar 2024S$5,880,0002,164S$2,718 psf

150 sales and 598 rentals on record since Jun 2007. Source: URA.

5

Are prices at Paterson Suites rising?

Key Takeaway

The median transacted PSF at Paterson Suites has risen 23% over the past 9 years (2017–2026), from S$2,244 psf to S$2,750 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,750 psfS$5.00M6+0.8%
2025S$2,727 psfS$5.70M3+0.3%
2024S$2,718 psfS$5.88M4+1.4%
2023S$2,680 psfS$4.65M6+2.4%
2022S$2,616 psfS$4.84M5+3.0%
2021S$2,539 psfS$4.46M13+12.0%
2020S$2,266 psfS$4.33M4-1.9%
2019S$2,311 psfS$5.00M9-5.6%
2018S$2,448 psfS$4.13M3+9.1%
2017S$2,244 psfS$4.80M6—

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

6

Is Paterson Suites a good investment?

Key Takeaway

Of 48 units at Paterson Suites that were bought and later resold (bought from 2007, resold up to 2026), 56% sold for more than they were bought for, with a median gain of 2% over a median 9.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 11% 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

56%

of 48 resales here

Median gain

2%

gross, before costs

Median hold

9.6 years

bought to resold

Every unit at Paterson Suites 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 Suites and what's nearby?

Key Takeaway

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

Paterson Suites is a freehold condominium completed in 2010. It was developed by BUKIT SEMBAWANG VIEW PTE LTD. The development has 102 residential units. It sits on a land area of 8,038 sqm and has a gross floor area of 16,879 sqm. The plot ratio is 2.1.

PATERSON SUITES is located at 55 Paterson Road, Singapore 238550. 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 759m 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, Function room, Gymnasium room, Lap pool, Putting Green, and Sauna.

8

How far is Paterson Suites from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Paterson Suites is Orchard MRT, about 759 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 priority961 m
  • Alexandra Primary SchoolPrimary school1.3 km
  • Anglo-Chinese School (Junior)Primary school1.5 km
  • Gan Eng Seng SchoolSecondary school1.5 km
  • Crescent Girls' SchoolSecondary school1.7 km
  • St. Margaret's School (Primary)Primary school1.7 km
  • Zhangde Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: ION Orchard · 360 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 360 mHawker centre: Zion Riverside Food Centre · 976 mPark: Orchard Fountain Corner · 785 m

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

9

Who built Paterson Suites and how big is the development?

Key Takeaway

Paterson Suites was developed by BUKIT SEMBAWANG VIEW PTE LTD, designed by DP ARCHITECTS PTE LTD, with 102 units over up to 22 storeys.

Developer
BUKIT SEMBAWANG VIEW PTE LTD
Architect
DP ARCHITECTS PTE LTD
Main contractor
GREATEARTH CONSTRUCTION PTE LTD
Floors
22 storeys
Blocks
2
Land area
8,038 sqm (86,520 sqft)
Gross floor area
16,879 sqm (181,684 sqft)
Plot ratio
2.10
10

What facilities does Paterson Suites have?

Key Takeaway

Paterson Suites has 7 facilities, including Barbeque Area, Function room, Gymnasium room, Lap pool, and more.

Barbeque AreaFunction roomGymnasium roomLap poolPutting GreenSaunaTennis courts
11

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

Key Takeaway

Buying a unit at Paterson Suites (~S$5.10M) needs about S$37,334/mo in income and S$17,176/mo in repayments, after S$245,600 stamp duty and a S$1.27M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$5.10M) 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$245,600

BSD, tiered

Downpayment (25%)

S$1.27M

cash + CPF

Monthly instalment

S$17,176/mo

30y @ 3.5%

Income required

S$37,334/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Paterson Suites?

Key Takeaway

8,856 CEA-registered agents closed at least one recorded deal in District 9 — where Paterson Suites 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 Suites? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Paterson Suites

Is Paterson Suites freehold?⌄

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

How old is Paterson Suites?⌄

Paterson Suites was completed (obtained TOP) in 2010, so it is about 16 years old.

Is Paterson Suites a good investment?⌄

Of 48 units at Paterson Suites that were bought and later resold (bought from 2007, resold up to 2026), 56% sold for more than they were bought for, with a median gain of 2% over a median 9.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 11% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Paterson Suites an EC?⌄

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

Who is the developer of Paterson Suites?⌄

Paterson Suites was developed by BUKIT SEMBAWANG VIEW PTE LTD.

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

Units at Paterson Suites have recently sold for around S$5.10M (S$2,728 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 49 units are listed for sale from S$5.08M to S$13.68M.

Where is Paterson Suites located?⌄

Paterson Suites is at 55 Paterson Road, Singapore 238550, in River Valley (District 9). The nearest MRT station is Orchard MRT, about 759 m away.

How many units are there in Paterson Suites?⌄

Paterson Suites has 102 units in 2 blocks, up to 22 storeys high.

How much do I need to earn to buy at Paterson Suites?⌄

For a unit around S$5.10M as a first home, you'd need roughly S$37,334/mo in income (assessed at the stress-test rate), with repayments near S$17,176/mo after a S$1.27M (25%) downpayment and S$245,600 Buyer's Stamp Duty.

Are prices at Paterson Suites going up?⌄

The median price per square foot at Paterson Suites has risen about 23% 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 Paterson Suites?⌄

River Valley Primary School is within 1 km of Paterson Suites. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.