Paterson Residence

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 1 Photos

Sale Price *

Average
S$ 2,490 psf
Range
S$ 2,433 - 2,565 psf

Rental Price **

Average
S$ 4.4 psf pm
Range
S$ 3.4 - 5.8 psf pm

Rental Yield **

2.1%

Rental income expressed as a percentage of the property's value.

Amenities

3.7
3.7

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
11 Facilities Available
Barbeque Area
Barbeque Area
Basement car park
Basement car park
Clubhouse
Clubhouse
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Multi-purpose hall
Multi-purpose hall
Putting Green
Putting Green
24 hours security
24 hours security
Spa pool
Spa pool
Tennis courts
Tennis courts
Wading pool
Wading pool
Description
Paterson Residence is a freehold condominium completed in 2008. It is developed by FIRST CAPITAL REALTY PTE LTD and designed by CPG CONSULTANTS PTE LTD. The development occupies a land area of 7,776 sqm and a Gross Floor Area of 16,330 sqm. It consists of 110 units. According to records, buyers of this development are Singaporean 44.9%, PR 15.7%, Foreigner 28.7%, Company 10.6%.

PATERSON RESIDENCE is located along Paterson Road in River Valley, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Great World TE15. The nearest schools are ERC INSTITUTE and LUFTHANSA TECHNICAL TRAINING GMBH.

Based on transaction data in the last 12 months, sale prices range from S$ 2,433 psf to S$ 2,565 psf at an average of S$ 2,490 psf. Its highest recorded transaction was S$ 2,775 psf in Oct 2010 for a 1,658-sqft unit. Its lowest recorded transaction was S$ 1,155 psf in Dec 2005 for a 969-sqft unit. Its current rental yield is at 2.1%.

Other nearby amenities include: 3 Childcare Centre(s): LITTLE VILLAGE ON THE GRANGE, SAFARI HOUSE PRESCHOOL RIVER VALLEY, SAM'S EARLY LEARNING CENTRE PTE LTD, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, ISETAN (SINGAPORE) LIMITED?, SUPERNATURE PTE LTD, and 3 Kindergarten(s): Little Hands Montessori Kindergarten, Little Raindrops Montessori Pre-School, Kay Poh Road Baptist Kindergarten, and 3 Shopping Mall(s): ION ORCHARD, ORCHARD TURN, WHEELOCK PLACE.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"5 star residence"
S**** 1*
Google Review     |   19 Dec 2020
4
"Nice environment"
K***** C***
Google Review     |   26 Aug 2020
3
"Cosy condominium"
J* L**
Google Review     |   24 Jun 2020
2
"good resident place with good securities"
J*** M**********
Google Review     |   01 Oct 2019
5
"Cool place near town"
S**** L****
Google Review     |   18 Sep 2019
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Floor Plans
49
3
1

PATERSON RESIDENCE - 49 - 3 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
710 - 710 sqft
No. of Units
5
Bedroom Type
2BR
Area
947 - 969 sqft
No. of Units
5
Bedroom Type
3BR
Area
1313 - 1313 sqft
No. of Units
74
Bedroom Type
4BR
Area
1496 - 4230 sqft
No. of Units
107
Bedroom Type
5BR
Area
4812 - 4898 sqft
No. of Units
2

Sales Transaction of PATERSON RESIDENCE (Limited to 10)

Unit Search
#
There are 204 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of PATERSON RESIDENCE
There are 464 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
700 to 800
3,300
1
-
-
-
900 to 1000
5,500
1
-
-
-
1300 to 1400
6,083
6
-
-
-
1400 to 1500
6,625
10
-
-
-
1600 to 1700
7,450
2
-
-
-
>3000
14,000
1
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2020
Irwell Bank Road
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
12,787
Site GFA (sqm)
35,803
Highest Bid ($M)
583.9
Highest Bid ($PSF)
1514.6
Number of BIDS
7
Land ($M)
583.9
Construction ($M)
127.2
Land Financing ($M)
51.1
Profesional / Legal / Taxes ($M)
85.3
Marketing / Others ($M)
50.8
Estimated Total Cost ($M)
898.33
Estimated Breakeven ($psf ppr)
2,331

Listings

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thumb-images
11
$4,808,200
  • 54% Rental Volume

  • 4 beds
  • 4 baths
  • D9
  • 2008
  • Freehold
  • S$ 2,900 psf
  • 83 Paterson Road
SERENE NG
send_enquiry
thumb-images
11
$4,808,200
  • 54% Rental Volume

  • 4 beds
  • 4 baths
  • D9
  • 2008
  • Freehold
  • S$ 2,900 psf
  • 83 Paterson Road
Wilson Lim
send_enquiry
thumb-images
4
$4,000,000
  • 54% Rental Volume

  • 4 beds
  • 3 baths
  • D9
  • 2008
  • Freehold
  • S$ 2,670 psf
  • 71 Paterson Road
Lynn Lee
send_enquiry
thumb-images
4
$8,880,000
  • 54% Rental Volume

  • 5 beds
  • 5 baths
  • D9
  • 2008
  • Freehold
  • S$ 2,190 psf
  • 71 Paterson Road
Lynette Lee
send_enquiry

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Property News

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FAQs about PATERSON RESIDENCE

What is the nearest MRT Station to PATERSON RESIDENCE ?
The nearest MRT Station from PATERSON RESIDENCE is Orchard TE14, NS22 MRT