Projects
THE PARK VALE
D11 / Watten Estate, Novena, Thomson
Address 4B PARK VALE THE PARK VALE SINGAPORE 288564
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Condominium, Non-Landed Properties 39 transactions 999-year leasehold from 1874 Updated Mar 2026
Property image pending
Project read
Quick summary about THE PARK VALE
The Park Vale is a 999-year leasehold from 1874 condominium, non-landed properties in D11 / Watten Estate, Novena, Thomson. The Park Vale currently has 33 rental contracts and 6 sale transactions, covering Jul 2021 to Mar 2026.
- Typical rent is $4,600 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,585,000, with median sale PSF at $1,797 psf and total recorded sale value of $16.4M.
- Rent is down 19.7% over the last 3 months. Sale PSF is up 5.6% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1874
Property type Condominium, Non-Landed Properties
Sale records 6 resale transactions
Total sold value $16.4M
Data coverage
URA records on this page start Jul 2021 and run through Mar 2026.
Rental contracts 33 Aug 2021 to Nov 2025
Sale transactions 6 Jul 2021 to Mar 2026
Rent trend -19.7% Last 3 months
Sale PSF trend 5.6% Last 3 months
Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
TAN KAH KEE MRT STATION (DT8) 0.65 km away
TAN KAH KEE MRT STATION 0.69 km away
BOTANIC GARDENS MRT STATION 0.94 km away
Schools nearby
RAFFLES GIRLS' PRIMARY SCHOOL 0.58 km away
NANYANG PRIMARY SCHOOL 1.1 km away
SAINT MARGARET'S SCHOOL (SECONDARY) 1.12 km away
HWA CHONG INTERNATIONAL SCHOOL 1.25 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 3.26 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 4.43 km away
ALEXANDRA PARK CONNECTOR Park / green link · 4.48 km away
MARKET & HAWKER CENTRE (BLK 20 GHIM MOH ROAD) Food centre · 3.35 km away
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,900 19 rental contracts in view
Latest median sale PSF $1,817 psf 5 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Mar 2026 0 - 1 $1,817 psf $3,500,000
Feb 2026 0 - 1 $1,929 psf $2,720,000
Nov 2025 2 $4,900 0 - -
Aug 2025 1 $7,200 0 - -
Mar 2025 1 $4,300 0 - -
Dec 2024 1 $6,200 0 - -
Nov 2024 2 $6,100 0 - -
Oct 2024 1 $5,000 0 - -
Sept 2024 2 $6,350 0 - -
Jun 2024 0 - 1 $1,806 psf $2,450,000
Jan 2024 2 $4,550 0 - -
Dec 2023 1 $5,500 0 - -
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold THOMSON 800 3.3 km away 374 transactions
- Median rent
- $5,000
- Median sale PSF
- $1,815 psf
- Median rent
- $4,125
- Median sale PSF
- $1,844 psf
- Median rent
- $4,525
- Median sale PSF
- $1,792 psf
- Median rent
- $4,500
- Median sale PSF
- $1,892 psf
- Median rent
- $4,000
- Median sale PSF
- $1,758 psf
- Median rent
- $4,800
- Median sale PSF
- $1,896 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,550 $3,525 6
4 bed $7,000 $7,000 1
Unknown $4,850 $5,062 26
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
700 to 800 sqft $3,900 $3,667 3
1,000 to 1,100 sqft $3,000 $3,383 3
1,100 to 1,200 sqft $4,250 $4,250 2
1,200 to 1,300 sqft $5,000 $4,788 8
1,300 to 1,400 sqft $5,600 $5,617 6
1,400 to 1,500 sqft $4,850 $5,110 10
2,000 to 2,100 sqft $7,000 $7,000 1
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,585,000 $1,797 psf 6
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
THE PARK VALE shows a typical monthly rent of $4,600 across 33 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $4,600
Rental contracts 33
Rent signal Moderate
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at THE PARK VALE point to a typical sale price of $2,585,000 and $1,797 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,585,000
Median PSF $1,797 psf
Sale signal Thin
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1874 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. THE PARK VALE has 6 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $16.4M
Latest update Mar 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D11 to compare THE PARK VALE against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
THE PARK VALE FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at THE PARK VALE?
Based on the URA rental records currently loaded for THE PARK VALE, the median monthly rent is $4,600 across 33 rental contracts.
What is the typical sale price at THE PARK VALE?
The median sale price for THE PARK VALE is $2,585,000, based on 6 URA sale transactions in the local dataset.
What is the median sale PSF at THE PARK VALE?
The median sale price per square foot for THE PARK VALE is $1,797 psf. The average sale PSF is $1,773 psf.
Is THE PARK VALE freehold or leasehold?
THE PARK VALE is listed as 999-year leasehold from 1874. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is THE PARK VALE located?
THE PARK VALE is located at 4B PARK VALE THE PARK VALE SINGAPORE 288564 in D11 / Watten Estate, Novena, Thomson.
How current is the THE PARK VALE transaction data?
The URA records on this page start from Jul 2021 and run through Mar 2026. The page is rebuilt after local data refresh runs.