The Paterson
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$6.30M to S$6.30M.
What are the key facts about The Paterson?
The Paterson is a freehold condominium in District 9 (River Valley) that obtained TOP in 2004, with 88 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2004
- Developer
- IDEAL HOMES PTE LTD
- Total units
- 88
- Blocks
- 1
- District / Area
- District 9 (River Valley)
- Market segment
- CCR
- Median PSF
- S$2,422 psf
- Last transacted
- Apr 2026
- Remaining lease
- Freehold
What is the price and PSF at The Paterson?
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$5,930
646 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.
What has recently sold at The Paterson?
The Paterson has 192 recorded sales; the most recent transacted at S$6,500,000 in Apr 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2026 | S$6,500,000 | 3,283 | S$1,980 psf |
| Mar 2026 | S$2,938,000 | 1,206 | S$2,437 psf |
| Mar 2026 | S$3,978,888 | 1,421 | S$2,800 psf |
| Feb 2025 | S$5,400,000 | 2,250 | S$2,400 psf |
| Feb 2025 | S$3,850,000 | 1,464 | S$2,630 psf |
| Nov 2024 | S$3,150,000 | 1,216 | S$2,590 psf |
| Jul 2024 | S$2,750,000 | 1,206 | S$2,281 psf |
| Jul 2024 | S$3,600,000 | 1,421 | S$2,534 psf |
| Mar 2024 | S$3,020,000 | 1,216 | S$2,483 psf |
| Feb 2024 | S$2,750,000 | 1,206 | S$2,281 psf |
| Feb 2024 | S$3,380,000 | 1,421 | S$2,379 psf |
| Nov 2023 | S$3,180,000 | 1,313 | S$2,422 psf |
192 sales and 646 rentals on record since Dec 2002. Source: URA.
Are prices at The Paterson rising?
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).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$2,437 psf | S$3.98M | 3 | +1.5% |
| 2025 | S$2,400 psf | S$3.85M | 2 | +0.9% |
| 2024 | S$2,379 psf | S$3.02M | 6 | +2.8% |
| 2023 | S$2,315 psf | S$3.04M | 4 | -5.5% |
| 2022 | S$2,450 psf | S$2.98M | 5 | +11.4% |
| 2021 | S$2,199 psf | S$3.03M | 5 | +4.2% |
| 2020 | S$2,111 psf | S$2.70M | 2 | -7.2% |
| 2018 | S$2,275 psf | S$2.99M | 5 | +19.2% |
| 2017 | S$1,908 psf | S$2.50M | 5 | +3.5% |
| 2016 | S$1,844 psf | S$2.39M | 4 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around The Paterson?
8,302 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
8,302
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.
What bedroom types are available at The Paterson?
The Paterson has 5 units listed for sale, spanning 4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 4-bedroom | 5 | S$6.30M–S$6.30M | S$2,053 psf |
Where is The Paterson and what's nearby?
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.
Who built The Paterson and how big is the development?
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
How far is The Paterson from MRT and schools?
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
- Orchard Boulevard MRT778 m · ~12 min
- Orchard MRT778 m · ~12 min
- Great World MRT804 m · ~13 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does The Paterson have?
The Paterson has 10 facilities, including Barbeque Area, Covered car park, Clubhouse, Gymnasium room, and more.
What does it cost to own a unit at The Paterson?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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.
PropKakiRecent units at The Paterson sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Paterson
How much does a unit at The Paterson cost?⌄
Units at The Paterson have recently transacted around S$3.18M (S$2,422 psf), from 192 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is The Paterson a good investment?⌄
Gross rental yield is about 2.2%, and current asking prices sit about 15% below the most recent transacted PSF; median PSF has risen about 32% since 2016. 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 The Paterson going up?⌄
The median transacted PSF at The Paterson has risen about 32% between 2016 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is The Paterson freehold or leasehold?⌄
The Paterson is freehold — ownership does not expire.
When was The Paterson built and who developed it?⌄
The Paterson obtained TOP in 2004, developed by IDEAL HOMES PTE LTD, with 88 units across 1 block.
How many units are for sale at The Paterson?⌄
There are 5 units for sale at The Paterson, from S$6.30M to S$6.30M.
What is the nearest MRT to The Paterson?⌄
The nearest MRT/LRT station to The Paterson is Orchard Boulevard MRT, about 778 m away (~12 min walk).
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 qualify for Primary 1 (P1) registration priority.