PropKaki
FreeholdCCRDistrict 9 (River Valley)

The Paterson

Reviewed by Nathan TangUpdated 24 September 2026Data through Apr 2026 (URA)
Quick Summary

The Paterson is a freehold condominium in District 9 (River Valley) that obtained TOP in 2004, with 88 units across 1 block. Across 192 transactions on record, units have recently transacted around S$3.18M (S$2,422 psf, ~1,313 sqft). There are 5 units for sale from S$3.68M to S$6.30M.

Key facts about The Paterson
TenureFreehold
TOP year2004
DeveloperIDEAL HOMES PTE LTD
Units88 in 1 block
District and areaDistrict 9 · River Valley · CCR
Nearest MRTOrchard Boulevard MRT, 778 m (~12 min walk)
Latest median psfS$2,422 psf, last 12 URA caveats to Apr 2026
Thinking about The Paterson? Ask before you commit.Ask PropKaki
1

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

Key Takeaway

The Paterson has 5 units listed for sale, asking S$3.68M to S$6.30M (median S$2,053 psf), and 4 units for rent at a median of S$7,488 a month.

For sale

5 listings

S$3.68M – S$6.30M

For rent

4 listings

S$7,488 – S$7,900 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom1S$3.68M–S$3.68M—
3-bedroom1S$3.68M–S$3.68M—
4-bedroom3S$6.00M–S$6.30MS$2,053 psf

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

2

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

Key Takeaway

Floor plans for The Paterson aren't in PropKaki's library yet. Across 192 URA caveats, units range from 1,206 sqft to 3,283 sqft, and the middle half are 1,216 sqft to 1,421 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom1,313 sqftS$3.68M
3-bedroom1,313 sqftS$3.68M
4-bedroom3,068 sqftS$6.00M · S$2,053 psf

Check the Floor Plan Finder for The Paterson →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at The Paterson?

Key Takeaway

Units have recently transacted around S$3.18M (S$2,422 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$3.18M

recent · 192 sales on record

Median PSF

S$2,422 psf

recent transactions

Median rent (monthly)

S$5,928

649 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$2,053 psf — about 15% below the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

4

What has recently sold at The Paterson?

Key Takeaway

The Paterson has 192 recorded sales; the most recent transacted at S$6,500,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$6,500,0003,283S$1,980 psf
Mar 2026S$2,938,0001,206S$2,437 psf
Mar 2026S$3,978,8881,421S$2,800 psf
Feb 2025S$5,400,0002,250S$2,400 psf
Feb 2025S$3,850,0001,464S$2,630 psf
Nov 2024S$3,150,0001,216S$2,590 psf
Jul 2024S$2,750,0001,206S$2,281 psf
Jul 2024S$3,600,0001,421S$2,534 psf
Mar 2024S$3,020,0001,216S$2,483 psf
Feb 2024S$2,750,0001,206S$2,281 psf
Feb 2024S$3,380,0001,421S$2,379 psf
Nov 2023S$3,180,0001,313S$2,422 psf

192 sales and 649 rentals on record since Dec 2002. Source: URA.

5

Are prices at The Paterson rising?

Key Takeaway

The median transacted PSF at The Paterson has risen 32% over the past 10 years (2016–2026), from S$1,844 psf to S$2,437 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,437 psfS$3.98M3+1.5%
2025S$2,400 psfS$3.85M2+0.9%
2024S$2,379 psfS$3.02M6+2.8%
2023S$2,315 psfS$3.04M4-5.5%
2022S$2,450 psfS$2.98M5+11.4%
2021S$2,199 psfS$3.03M5+4.2%
2020S$2,111 psfS$2.70M2-7.2%
2018S$2,275 psfS$2.99M5+19.2%
2017S$1,908 psfS$2.50M5+3.5%
2016S$1,844 psfS$2.39M4—

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

6

Is The Paterson a good investment?

Key Takeaway

Of 102 units at The Paterson that were bought and later resold (bought from 2002, resold up to 2026), 92% sold for more than they were bought for, with a median gain of 31% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 15% 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

92%

of 102 resales here

Median gain

31%

gross, before costs

Median hold

5.9 years

bought to resold

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

Key Takeaway

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

The Paterson is a freehold condominium completed in 2004. It was developed by IDEAL HOMES PTE LTD. The development has 88 residential units. It sits on a land area of 5,322 sqm and has a gross floor area of 11,176 sqm. The plot ratio is 2.1.

THE PATERSON is located at 63 Paterson Road, Singapore 238539. 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 778m 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, Covered car park, Clubhouse, Gymnasium room, Jacuzzi, and Playground.

8

How far is The Paterson from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Paterson is Orchard Boulevard MRT, about 778 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 priority905 m
  • Alexandra Primary SchoolPrimary school1.2 km
  • Gan Eng Seng SchoolSecondary school1.5 km
  • Anglo-Chinese School (Junior)Primary school1.5 km
  • Crescent Girls' SchoolSecondary school1.7 km
  • St. Margaret's School (Primary)Primary school1.8 km
  • Zhangde Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: ION Orchard · 422 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 422 mHawker centre: Zion Riverside Food Centre · 906 mPark: Orchard Fountain Corner · 791 m

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

9

Who built The Paterson and how big is the development?

Key Takeaway

The Paterson was developed by IDEAL HOMES PTE LTD, designed by AXIS ARCHITECTS PLANNERS, with 88 units.

Developer
IDEAL HOMES PTE LTD
Architect
AXIS ARCHITECTS PLANNERS
Main contractor
GREATEARTH CONSTRUCTION PTE LTD
Blocks
1
Land area
5,322 sqm (57,285 sqft)
Gross floor area
11,176 sqm (120,297 sqft)
Plot ratio
2.10
10

What facilities does The Paterson have?

Key Takeaway

The Paterson has 10 facilities, including Barbeque Area, Covered car park, Clubhouse, Gymnasium room, and more.

Barbeque AreaCovered car parkClubhouseGymnasium roomJacuzziPlayground24 hours securitySwimming poolTennis courtsWading pool
11

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

Key Takeaway

Buying a unit at The Paterson (~S$3.18M) needs about S$23,279/mo in income and S$10,710/mo in repayments, after S$130,400 stamp duty and a S$795k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.18M) 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$130,400

BSD, tiered

Downpayment (25%)

S$795k

cash + CPF

Monthly instalment

S$10,710/mo

30y @ 3.5%

Income required

S$23,279/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Paterson?

Key Takeaway

8,303 CEA-registered agents closed at least one recorded deal in District 9 — where The Paterson 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 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 The Paterson? Ask before you commit.

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

Ask PropKakiTry on WhatsApp
PropKaki
Is The Paterson a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about The Paterson

Is The Paterson freehold?⌄

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

How old is The Paterson?⌄

The Paterson was completed (obtained TOP) in 2004, so it is about 22 years old.

Is The Paterson a good investment?⌄

Of 102 units at The Paterson that were bought and later resold (bought from 2002, resold up to 2026), 92% sold for more than they were bought for, with a median gain of 31% over a median 5.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 15% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Paterson an EC?⌄

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

Who is the developer of The Paterson?⌄

The Paterson was developed by IDEAL HOMES PTE LTD.

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

Units at The Paterson have recently sold for around S$3.18M (S$2,422 psf), the median of the last 12 URA caveats to Apr 2026. The price depends on size, floor and facing. 5 units are listed for sale from S$3.68M to S$6.30M.

Where is The Paterson located?⌄

The Paterson is at 63 Paterson Road, Singapore 238539, in River Valley (District 9). The nearest MRT station is Orchard Boulevard MRT, about 778 m away.

How many units are there in The Paterson?⌄

The Paterson has 88 units in 1 block.

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

For a unit around S$3.18M as a first home, you'd need roughly S$23,279/mo in income (assessed at the stress-test rate), with repayments near S$10,710/mo after a S$795k (25%) downpayment and S$130,400 Buyer's Stamp Duty.

Are prices at The Paterson going up?⌄

The median price per square foot at The Paterson has risen about 32% between 2016 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 The Paterson?⌄

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