Parc Vera: 18 Units for Sale
Parc Vera is a 99 -year leasehold high-rise development in the District 19 enclave, at Hougang Street 23 neighborhood. This condominium project comprises 452 units. It was completed 2015 by reputed local developer, Sim Lian (Hougang) Pte Ltd, subsidiary of award-winning Sim Lian Group Ltd. Each unit is nicely done up and comes with high quality water heater, air conditioner, kitchen cabinet with sink, cooker and hob, built in wardrobe in all rooms as well as fan and intercom system, so all you need to do is bring you suitcase. Parc Vera spells convenience. Indeed, Parc Vera is near to almost everything you need – transportation, good reputable schools, malls, popular eateries, recreational activities, entertainment, healthcare and more. In addition to convenience, Parc Vera is easily accessible as it is next to the Kallang Paya Lebar Expressway (KPE). Parc Vera is conveniently located near to many amenities. It is built by a reputable award-winning developer that had been building homes for Singaporean for more than 3 decades. Meticulous finishes were put into the completion of this property and each unit comes partial furnished with built in wardrobe in all rooms, fan, kitchen cabinet with sink water heater, air-conditioning, intercom system and gas cooker/hob, which means you can just move in without having to worry about all these essentials. Parc Vera offers a myriad of facilities to its residents such as recreational tennis court, basement parking, lap pool, children’s pool, jacuzzi, pool pavilion, sun decks, clubhouse with function rooms and gym, BBQ area and children’s playground, for their enjoyment and relaxation. Accessibility wise, Parc Vera is easily reached through Hougang MRT station, Hougang Centre Bus Interchange, both of which are within close proximity. For those driving, the Kallang - Paya Lebar Expressway and Tampines Road will lead you into the CBD and other parts pf the island in no time. Meanwhile, public transportation such as buses and taxis are a plenty and easily available. Other nearby MRT or train station that connects Parc Vera include Defu and Kovan Stations. Ding Ji888 MookataPonggol Nasi LemakKFCDen Ajisen RamenHoly Innocents’ Primary SchoolCHIJ Our Lady of NativityLychee Francais De SingapourXinghua Primary SchoolHillside World AcademyCamden Medical CentreSengkang General HospitalInstitute of Mental HealthSaw Baby & Child ClinicHougang Central Medical ClinicHougang MallHougang PlazaNEXHeartland MallFairprice – Kang Kar MallFair Price – Hougang MallHeng’s Family MinimartPrime SupermarketPunggol ParkHougang Neighborhood ParkHougang Meadow Roof GardenSerangoon Park ConnectorHougang Sports and Recreation Centre Parc Vera is the perfect solution for those who are looking at modern living yet close to nature and away from the busy hustle bustle of the city. Project Name: Parc VeraDeveloper: Sim Lian (Hougang) Pte Ltd, part of Sim Lian Group LtdSite area: Approximately 168,244sqftNo of Units: 452 residential unitsDistrict: 19Tenure: 99-years leaseholdCompleted: 2015 Unit types: 2 bedrooms x 138 units – 710 – 883 sqft2+1Bedrooms x 104 units – 872 – 1109 sqft3 Bedrooms x 150 units – 1130-1302 sqft4 bedrooms x 32 units – 1410 -1550 sqftPenthouse x 28 units – 1615-3950 sqft Some of the projects by the same developer of Parc Vera include:Hillion ResidencesThe Lincoln ResidencesA Treasure TroveTreasure at TampinesWandervale Some developments nearby to Parc Vera are:The Florence ResidencesAffinity At SerangoonRiverfront ResidencesLa FiestaKingsford WaterbaySengkang Grand Residences
DeveloperSim Lian (Hougang) Pte. Ltd.
Explore PropertyGuru
Latest PropertyGuru search trends over the past month show the development keeping a visible presence among area-focused browsing activity in Hougang / Punggol / Sengkang. This project remains part of the local consideration set for buyers, maintaining its market profile alongside other residential options in the vicinity.
Most-searched Units: 3-BedroomPopular preferences: Tennis Court, Gym, Balcony
Pricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: S$ 1.37M
- Avg PSF: S$ 1,721 psf (7.39% higher compared to Hougang / Punggol / Sengkang average of S$ 1,602 psf)
- Available Units: 8
- 3-Bedroom Units:
- Avg Asking Price: S$ 2.00M
- Avg PSF: S$ 1,770 psf (64.07% higher compared to Hougang / Punggol / Sengkang average of S$ 1,079 psf)
- Available Units: 3
- 4-Bedroom Units:
- Avg Asking Price: S$ 3.04M
- Avg PSF: S$ 1,343 psf (9.16% lower compared to Hougang / Punggol / Sengkang average of S$ 1,478 psf)
- Available Units: 5
- 5+ Bedroom Units:
- Avg Asking Price: S$ 3.78M
- Avg PSF: S$ 1,144 psf (49.91% lower compared to Hougang / Punggol / Sengkang average of S$ 2,283 psf)
- Available Units: 1
Location & Lifestyle Highlights — Parc Vera
1260m (15 mins) to HOUGANG MRT STATION — This major transport hub on the North-East Line provides a direct and efficient link to the city center and the rest of Singapore.
Parc Vera offers a practical and modern living environment in the heart of Hougang, where everything from reputable schools to daily essentials is just a short walk away. It is a great spot for those who want a move-in ready home that balances a quiet residential feel with quick access to the KPE for easy driving.
Nearby hotspots:
MRT Stations:
- DEFU MRT STATION (506m, 6-7 mins) — This upcoming station will provide residents with even better rail connectivity within the local area.
- OPPOSITE BLK 316 (225m, 2-3 mins) — Convenient boarding point for several local bus services that make getting around the neighborhood very easy.
- BLK 316 (247m, 2-3 mins) — Handy stop located just a few minutes away for a quick commute to nearby transport hubs.
- MY WORLD PRESCHOOL LTD (132m, 1-2 mins) — Excellent childcare option located almost at your doorstep, making morning drop-offs very simple for parents.
- HOLY INNOCENTS' PRIMARY SCHOOL (565m, 6-7 mins) — A well-regarded local primary school within easy walking distance for young students.
- EN-NAEEM MOSQUE KINDERGARTEN (511m, 6-7 mins) — Another nearby early education choice providing more options for families with small children.
- UNITY (140m, 1-2 mins) — Quick access to a pharmacy for all your daily healthcare needs and household essentials.
- JOASH FAMILY CLINIC AND SURGERY (1154m, 13-14 mins) — Reliable medical services nearby to take care of the family's health and wellness.
- GYNAE HEALTH CLINIC FOR WOMEN (1188m, 14-15 mins) — Specialized healthcare facility located within the Hougang area for specific medical requirements.
- SHENG SIONG (108m, 1-2 mins) — A very short walk for all your fresh groceries and daily household shopping.
- HOUGANG MALL (1603m, 19-20 mins) — A major retail destination nearby offering a wide variety of shops, services, and department stores.
- FAIRPRICE (1343m, 16-17 mins) — Additional supermarket option for a diverse range of grocery and lifestyle products.
- BURGER KING (108m, 1-2 mins) — Quick and easy fast food option located just a stone's throw from the development.
- FLASH COFFEE (110m, 1-2 mins) — Perfect spot for grabbing a morning coffee or a quick caffeine fix on the way out.
- KOUFU (161m, 1-2 mins) — Nearby food court offering a variety of affordable local dishes for daily meals.
Market & Rental Insights
Parc Vera demonstrates a profile of significant capital appreciation alongside steady market participation in both the rental and resale sectors.
- PSF Appreciation:S$1,254 → S$1,595 over recent years (+27.19%) from 2023 - 2026.
- Expected Rental Yield: At 3.22%, this reflects a healthy return for property investors.
- Transactions:21 rental transactions in the last 6 months and 8 sale transactions in the last 12 months, indicating moderate rental activity and steady sale activity.
- PG Pulse Insight: With a healthy rental yield of 3.22% and substantial PSF growth of 27.19%, Parc Vera presents a balanced investment case supported by moderate transaction volumes.
Published date: October 2, 2026