Parc Vera: 15 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 keep the development visible among area-focused browsing activity in Hougang / Punggol / Sengkang. This project remains a consistent part of the local market landscape for buyers exploring residential options in the vicinity.
Most-searched Units: 3-BedroomPricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: S$ 1.38M
- Avg PSF: S$ 1,711 psf (9.87% higher compared to Hougang / Punggol / Sengkang average of S$ 1,557 psf)
- Available Units: 9
- 3-Bedroom Units:
- Avg Asking Price: S$ 2.00M
- Avg PSF: S$ 1,770 psf (62.59% higher compared to Hougang / Punggol / Sengkang average of S$ 1,089 psf)
- Available Units: 2
- 4-Bedroom Units:
- Avg Asking Price: S$ 3.09M
- Avg PSF: S$ 1,309 psf (11.1% lower compared to Hougang / Punggol / Sengkang average of S$ 1,472 psf)
- Available Units: 3
- 5+ Bedroom Units:
- Avg Asking Price: S$ 3.78M
- Avg PSF: S$ 1,144 psf (50.87% lower compared to Hougang / Punggol / Sengkang average of S$ 2,328 psf)
- Available Units: 1
Location & Lifestyle Highlights — Parc Vera
1260m (15 mins) to HOUGANG MRT STATION — Direct access to the North-East Line provides a straightforward commute to the city center and major hubs like Serangoon and Dhoby Ghaut.
Parc Vera offers a practical and modern living environment in the heart of Hougang, where residents can enjoy a peaceful home life while staying perfectly connected to the area's vibrant food and shopping scene. The development is designed for those who value a move-in-ready home with comprehensive facilities right at their doorstep.
Nearby hotspots:
MRT Stations:
- DEFU MRT STATION (506m, 6-7 mins) — This upcoming station on the Cross Island Line will significantly enhance future connectivity for residents heading towards the east or west of Singapore.
- OPPOSITE BLK 316 (225m, 2-3 mins) — Convenient roadside access to various bus services makes traveling around the Hougang neighborhood very efficient.
- AFT HOUGANG AVE 3 (319m, 3-4 mins) — Additional bus routes from this stop offer more options for daily commuters heading to nearby transport interchanges.
- MY WORLD PRESCHOOL LTD (132m, 1-2 mins) — Having a reputable childcare center just a short walk away is a huge plus for parents with young children.
- HOLY INNOCENTS' PRIMARY SCHOOL (565m, 6-7 mins) — Families benefit from being close to this well-established and popular primary school in the district.
- EN-NAEEM MOSQUE KINDERGARTEN (511m, 6-7 mins) — Another nearby early childhood option that provides convenience for morning school runs.
- UNITY (140m, 1-2 mins) — A very nearby pharmacy makes it easy to pick up daily health essentials and household medical supplies.
- JOASH FAMILY CLINIC AND SURGERY (1154m, 13-14 mins) — Reliable medical care is available within the neighborhood for routine check-ups and family healthcare needs.
- SHENG SIONG (108m, 1-2 mins) — This major supermarket is practically at your doorstep, making grocery shopping quick and effortless.
- HOUGANG MALL (1603m, 19-20 mins) — A comprehensive suburban mall offering a wide range of retail brands, services, and department store shopping.
- BURGER KING (108m, 1-2 mins) — Quick and familiar fast-food options are available just a minute away for a hassle-free meal.
- KOUFU (161m, 1-2 mins) — The nearby food court provides a variety of affordable local dishes, perfect for daily dining without having to cook.
- FLASH COFFEE (110m, 1-2 mins) — Grab a morning caffeine fix or a quick beverage on the way to work from this conveniently located cafe.
Highly attractive for: Young Families, Practical Investors, and Modern Urban Couples.
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: November 2, 2026


























