FreeholdCCRDistrict 9 (River Valley)

Paterson Tower

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2006 (URA)
Quick Summary

Paterson Tower is a freehold apartment in District 9 (River Valley) that obtained TOP in 1977, with 72 units across 2 blocks. Across 26 transactions on record, units have recently transacted around S$1.60M (S$609 psf, ~2,626 sqft). There are 16 units for sale from S$15.80M to S$46.60M.

1

What are the key facts about Paterson Tower?

Key Takeaway

Paterson Tower is a freehold apartment in District 9 (River Valley) that obtained TOP in 1977, with 72 units across 2 blocks.

Tenure
Freehold
TOP / Completion
1977
Developer
SC GLOBAL
Total units
72
Blocks
2
District / Area
District 9 (River Valley)
Market segment
CCR
Median PSF
S$609 psf
Last transacted
Mar 2006
Remaining lease
Freehold
2

What is the price and PSF at Paterson Tower?

Key Takeaway

Units have recently transacted around S$1.60M (S$609 psf), at a gross rental yield of about 2.8% (URA caveat data).

Recent median price

S$1.60M

recent · 26 sales on record

Median PSF

S$609 psf

recent transactions

Median rent (monthly)

S$3,700

99 rentals on record

Gross rental yield

2.8%

indicative, gross

Source: URA caveat data, through Mar 2006.

3

What has recently sold at Paterson Tower?

Key Takeaway

Paterson Tower has 26 recorded sales; the most recent transacted at S$266,000,000 in Mar 2006 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2006S$266,000,000190,264S$1,398 psf
Jan 2005S$1,685,0002,626S$642 psf
Nov 2004S$1,600,0002,626S$609 psf
Jul 2003S$1,475,0002,659S$555 psf
Nov 2001S$1,530,0002,626S$583 psf
Aug 2001S$1,750,0002,626S$666 psf
Jul 2001S$1,830,0002,659S$688 psf
Sept 2000S$2,040,0002,626S$777 psf
Jun 1999S$1,820,0002,659S$685 psf
Apr 1999S$1,560,0002,659S$587 psf
Apr 1999S$1,500,0002,626S$571 psf
Mar 1999S$1,550,0002,626S$590 psf

26 sales and 99 rentals on record since Jan 1995. Source: URA.

4

Are prices at Paterson Tower rising?

Key Takeaway

The median transacted PSF at Paterson Tower has risen 14% over the past 6 years (19952001), from S$583 psf to S$666 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2001S$666 psfS$1.75M3+13.5%
1999S$587 psfS$1.55M4-16.6%
1996S$704 psfS$1.85M2+20.8%
1995S$583 psfS$1.55M10

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 Tower?

Key Takeaway

8,302 CEA-registered agents closed at least one recorded deal in District 9 — where Paterson Tower sits — in the last 12 months, across all property types.

Active agents · 12mo

8,302

District 9 · closed ≥1 deal

Deals on record

67,330

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 Tower?

Key Takeaway

Paterson Tower has 16 units listed for sale, spanning 4–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
4-bedroom13S$15.80M–S$46.60M
5-bedroom3S$46.50M–S$46.60M
7

Where is Paterson Tower and what's nearby?

Key Takeaway

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

Paterson Tower is a freehold apartment completed in 1977. It was developed by SC GLOBAL. The development has 72 residential units. It sits on a land area of 11,438 sqm and has a gross floor area of 24,017 sqm. The plot ratio is 2.1.

PATERSON TOWER is located at 8 Paterson Hill, Singapore 238567. 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 580m away, around 9 minutes on foot. Nearby amenities include Wheelock Place 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.

8

Who built Paterson Tower and how big is the development?

Key Takeaway

Paterson Tower was developed by SC GLOBAL, with 72 units.

Developer
SC GLOBAL
Blocks
2
Land area
11,438 sqm (123,117 sqft)
Gross floor area
24,017 sqm (258,517 sqft)
Plot ratio
2.10
9

How far is Paterson Tower from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Paterson Tower is Orchard Boulevard MRT, about 580 m away (~9 min walk).

Getting around

Schools nearby

  • River Valley Primary SchoolPrimary school1.1 km
  • Alexandra Primary SchoolPrimary school1.1 km
  • Gan Eng Seng SchoolSecondary school1.4 km
  • Crescent Girls' SchoolSecondary school1.5 km
  • Anglo-Chinese School (Junior)Primary school1.7 km
  • Zhangde Primary SchoolPrimary school1.8 km
  • Queenstown Secondary SchoolSecondary school1.9 km
  • St. Margaret's School (Primary)Primary school2.0 km

Shops, food & parks

Mall: Wheelock Place · 506 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 529 mHawker centre: Zion Riverside Food Centre · 952 mPark: Orchard Fountain Corner · 994 m

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

10

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

Key Takeaway

Buying a unit at Paterson Tower (~S$1.60M) needs about S$11,712/mo in income and S$5,389/mo in repayments, after S$49,600 stamp duty and a S$400k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.60M) 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$49,600

BSD, tiered

Downpayment (25%)

S$400k

cash + CPF

Monthly instalment

S$5,389/mo

30y @ 3.5%

Income required

S$11,712/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 Tower? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Paterson Tower

How much does a unit at Paterson Tower cost?

Units at Paterson Tower have recently transacted around S$1.60M (S$609 psf), from 26 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 Tower?

For a unit around S$1.60M as a first home, you'd need roughly S$11,712/mo in income (assessed at the stress-test rate), with repayments near S$5,389/mo after a S$400k (25%) downpayment and S$49,600 Buyer's Stamp Duty.

Is Paterson Tower a good investment?

Gross rental yield is about 2.8%; median PSF has risen about 14% since 1995. 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 Tower going up?

The median transacted PSF at Paterson Tower has risen about 14% between 1995 and 2001, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Paterson Tower freehold or leasehold?

Paterson Tower is freehold — ownership does not expire.

When was Paterson Tower built and who developed it?

Paterson Tower obtained TOP in 1977, developed by SC GLOBAL, with 72 units across 2 blocks.

How many units are for sale at Paterson Tower?

There are 16 units for sale at Paterson Tower, from S$15.80M to S$46.60M.

What is the nearest MRT to Paterson Tower?

The nearest MRT/LRT station to Paterson Tower is Orchard Boulevard MRT, about 580 m away (~9 min walk).

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