Condo profile
Parc Vera: what your unit is worth and what it rents for
Hougang Street 32 · District 19 · Outside Central Region
A 99-year leasehold condo, a 15-minute walk from Hougang MRT. Over the last 12 months, units here averaged $1,517 psf and leased at a median of $3,650 a month.
Data refreshed 15 Nov 2026 Sales: URA caveats · Rentals: URA rental contracts · Refreshed weekly
How much is my Parc Vera unit worth?
Based on 16 resale transactions in the last 12 months (URA):
- 2-Bedroom · 710–883 sq ft$1.02M – $1.45Mavg $1,564 psf · 11 sales
- 3-Bedroom · 1,141 sq ft$1.82M – $1.91Mavg $1,635 psf · 2 sales
- 4-Bedroom · 1,410 sq ft$2.38Mavg $1,688 psf · 1 sale
- 5-Bedroom · 2,971–3,305 sq ft$3.20M – $3.40Mavg $1,053 psf · 2 sales
These are recent sale ranges, not a valuation. Floor, facing and condition move a unit within the range.
Get a valuation for my unitHow much can I rent out my Parc Vera unit?
Based on 51 rental contracts in the last 12 months (URA):
- 2-Bedroom$3,300 – $3,600 a monthmedian $3,400 · 33 leases
- 3-Bedroom$4,300 – $4,500 a monthmedian $4,400 · 13 leases
- 4-Bedroom$5,450 – $6,000 a monthmedian $5,800 · 3 leases
- 5-Bedroom$8,100 – $8,300 a monthmedian $8,200 · 2 leases
Ranges show the middle half of leases. Furnishing, floor and lease timing move the rent you can ask.
Check my asking rent01 · Key facts
Parc Vera at a glance
| Tenure | 99-year leasehold from 2010 |
|---|---|
| Remaining lease | About 83 years |
| District / region | D19 · Outside Central Region |
Source: URA, developer records. Lease remaining recalculated on each refresh.
02 · Melvin's view
Who this suits, and the trade-offs
Parc Vera stands on Hougang Street 32, roughly a 15-minute walk from the Hougang MRT stop on the North East Line. Its 99-year lease started in 2010, so about 83 years remain, and two-bedroom layouts led resales over the past 12 months. The Kovan MRT stop, also on the North East Line, sits about 19 minutes away on foot. If you own a unit, compare recent resales of the same size and floor band before setting an asking price.
Works well for
- Families who want a two-bed: it is the layout that leads both recent resales and leases
- Owners on a larger layout: five-bedroom sizes here price by size more than by bedroom label
Worth weighing
- The nearest MRT stop is a 15-minute walk from the address, and Kovan station is a further four minutes
- With the lease running to 2109, compare your unit against similar sizes before quoting a psf figure
Melvin Tan · ERA Realty Network · CEA R026686A
03 · Sale prices
What Parc Vera units have sold for
Last 12 months · 16 caveats lodged
| Type | Sales | Avg psf | Price range | Size |
|---|---|---|---|---|
| 2-Bedroom | 11 | $1,564 | $1.02M – $1.45M | 710–883 sq ft |
| 3-Bedroom | 2 | $1,635 | $1.82M – $1.91M | 1,141 sq ft |
| 4-Bedroom | 1 | $1,688 | $2.38M | 1,410 sq ft |
| 5-Bedroom | 2 | $1,053 | $3.20M – $3.40M | 2,971–3,305 sq ft |
Bedroom type matched by unit size, using the bedroom counts URA records for the same sizes in rental contracts.
Average psf by year
Parc Vera resale transactions
2021 covers Nov–Dec only, the start of the URA feed. 2026 covers Jan–Oct.
Price spread, last 12 months
Lowest to highest psf transacted
Floor, facing and unit size explain most of the gap. A unit's own value can sit anywhere in this band.
Where does my stack sit? →Recent transactions
Newest first · URA reports month only · floor shown as a band| Date | Floor | Size | Price | psf | Type |
|---|---|---|---|---|---|
| Oct 2026 | 11-15 | 786 sq ft | $1.27M | $1,610 | Resale |
| Oct 2026 | 11-15 | 1,410 sq ft | $2.38M | $1,688 | Resale |
| Sep 2026 | 11-15 | 1,141 sq ft | $1.91M | $1,674 | Resale |
| Sep 2026 | 11-15 | 786 sq ft | $1.21M | $1,540 | Resale |
| Sep 2026 | 01-05 | 786 sq ft | $1.20M | $1,527 | Resale |
| Aug 2026 | 01-05 | 786 sq ft | $1.24M | $1,578 | Resale |
| Jul 2026 | 11-15 | 872 sq ft | $1.45M | $1,663 | Resale |
| Jun 2026 | 11-15 | 786 sq ft | $1.25M | $1,591 | Resale |
79 transactions recorded since Nov 2021
Source: URA private residential transactions (caveats lodged). Excludes transactions without caveats.
04 · Rent
What Parc Vera units lease for
Leases in the last 12 months · 51 contracts
| Type | Leases | Median rent | Middle half | Est. gross yield |
|---|---|---|---|---|
| 2-Bedroom | 33 | $3,400 | $3,300 – $3,600 | 3.2% |
| 3-Bedroom | 13 | $4,400 | $4,300 – $4,500 | Too few sales |
| 4-Bedroom | 3 | $5,800 | $5,450 – $6,000 | Too few sales |
| 5-Bedroom | 2 | $8,200 | $8,100 – $8,300 | Too few sales |
How to read the yield
A year of median rent over the average sale price of the same period, before tax, maintenance and vacancy.
Own a unit here? Check your asking rent →Source: URA private residential rental contracts. Bedroom count is taken from the rental contract. No yield is shown where there were fewer than 3 sales.
05 · Lease
Lease remaining
~83 years left of 99
Remaining lease affects how much CPF can be used and the loan tenure available. Check with CPF Board and the bank for your own ages.
06 · Location
Getting around
Walking routes and times from OneMap, measured from Hougang Street 32. School bands use straight-line distance from Hougang Street 32; your own block may differ, so confirm with MOE before P1 registration. School list: MOE via data.gov.sg.
07 · Nearby
Compared with condos around it
Private condos nearby, last 12 months · URA data, same method
This condo
Parc Vera
Closest
Trilive
Closest with a page
Boathouse Residences
The Florence Residences
Source: URA transactions and rental contracts.
What brings you to Parc Vera?
Tell me where you stand and I will run the numbers for your unit or budget. Data first, no pressure.
08 · FAQ
Questions about Parc Vera
How much is my Parc Vera unit worth?
Over the last 12 months, 2-Bedroom units sold for $1.02M to $1.45M; 3-Bedroom units sold for $1.82M to $1.91M; 4-Bedroom units sold for $2.38M; 5-Bedroom units sold for $3.20M to $3.40M, based on 16 URA-recorded resale transactions averaging $1,517 psf. Floor, facing and condition move a unit within these ranges, so ask for a valuation of your own stack.
How much can I rent out my Parc Vera unit?
Most leases in the last 12 months fell in these monthly ranges: 2-Bedroom $3,300 to $3,600; 3-Bedroom $4,300 to $4,500; 4-Bedroom $5,450 to $6,000; 5-Bedroom $8,100 to $8,300. The overall median was $3,650 a month across 51 URA-recorded contracts.
What is the average psf at Parc Vera?
16 resale transactions in the last 12 months averaged $1,517 psf, ranging from $1,029 to $1,688 psf.
What did the latest unit sell for?
A 786 sq ft unit on floors 11-15 sold for $1.27M ($1,610 psf) in Oct 2026.
How many years are left on the lease?
About 83 years. It is a 99-year lease from 2010, ending in 2109.
What is the nearest train station?
Hougang MRT (NE14), about a 15-minute walk (1213 m). Kovan MRT (NE13) is about a 19-minute walk (1572 m).
Which primary schools are within 1 km?
Holy Innocents' Primary School (320 m), Xinghua Primary School (876 m), measured straight-line from Hougang Street 32. Confirm the distance for your block with MOE.
About this data
Sale and rental figures contain information from the URA Data Service, processed by Melvin Tan Property. Walking routes from OneMap; school list from MOE via data.gov.sg. URA publishes caveats and rental contracts with a lag, so the latest weeks may be incomplete. Figures are indicative, not a valuation, and do not predict future prices. Please verify before making any decision.