The Park Vale rent and sale price
D11 / Watten Estate, Novena, Thomson
Address 4b Park Vale the Park Vale Singapore 288564
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Condominium, Non-Landed Properties 40 transactions 999-year leasehold from 1874 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about The Park Vale
The Park Vale is a 999-year leasehold condominium in D11 / Watten Estate, Novena, Thomson. The page currently tracks 34 rentals and 6 sales.
- Typical rent is $4,700 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 up 14.8% over the last 3 months. Sale PSF is up 5.6% over the last 3 months.
The Park Vale Market Position
How this project compares with the wider D11 market before you read the detailed tables.
Rent vs D11 -7.8%
Rents near district median
The Park Vale's median rent is $4,700 compared with the D11 median of $5,100. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D11 -14.2%
Sale PSF below district median
The Park Vale's median sale PSF is $1,797 psf versus the D11 median of $2,095 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.18%
Rent support near district screen
Gross yield is roughly 2.18% versus a D11 screen of 2.31%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 55.2% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -22.2%
Activity is lighter
7 recent transactions versus 9 in the prior 6-month view.
Tenure lens 999-year leasehold
Leasehold comparison needed
999-year leasehold from 1874 matters most on sale price. Compare The Park Vale against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
The Park Vale Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $4,700
Is the asking rent fair?
$4,450 to $4,950 is the first fair-rent band to check. Above $4,950 should have a visible reason.
Median sale PSF $1,797 psf
Is the purchase price fair?
$2,510,000 to $2,660,000 and $1,740 to $1,850 psf are the first sale checks before adjusting for floor, size, view and condition.
Unknown bedroom rent $4,900
Are similar units renting for more?
Unknown bedroom and 1,400 to 1,500 sqft give the closest unit-size checks.
Rent stability 55.2% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -22.2%
Is activity rising?
Activity is lighter. 7 recent transactions versus 9 in the prior 6-month view.
Run The Park Vale numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $4,700/mo Test gross and net yield against typical rent. Buy vs rent $2.6M Compare ownership cost against renting. Mortgage $2.6M Estimate monthly payment from the sale price. Stamp duty $1,797 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
The Park Vale Project Facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1874
Property type Condominium, Non-Landed Properties
Sales 6 resale transactions
Total sold value $16.4M
The Park Vale Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 34 Sept 2021 to May 2026
Sale transactions 6 Aug 2021 to Apr 2026
Rent trend 14.8% Last 3 months
Sale PSF trend 5.6% Last 3 months
The Park Vale 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
The Park Vale Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $7,000 19 rentals in view
Latest median sale PSF $1,817 psf 5 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 1 $7,000 0 - -
Apr 2026 0 - 1 $1,817 psf $3,500,000
Mar 2026 0 - 1 $1,929 psf $2,720,000
Dec 2025 2 $4,900 0 - -
Sept 2025 1 $7,200 0 - -
Apr 2025 1 $4,300 0 - -
Jan 2025 1 $6,200 0 - -
Dec 2024 2 $6,100 0 - -
Nov 2024 1 $5,000 0 - -
Oct 2024 2 $6,350 0 - -
Jul 2024 0 - 1 $1,806 psf $2,450,000
Feb 2024 2 $4,550 0 - -
Projects Similar to The Park Vale
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Thomson 800 3.3 km away 380 transactions
- Median rent
- $5,000
- Median sale PSF
- $1,818 psf
- Median rent
- $4,800
- Median sale PSF
- $1,896 psf
- Median rent
- $4,150
- Median sale PSF
- $1,844 psf
- Median rent
- $4,750
- Median sale PSF
- $1,794 psf
- Median rent
- $4,525
- Median sale PSF
- $1,792 psf
- Median rent
- $4,500
- Median sale PSF
- $1,892 psf
The Park Vale 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 $4,900 $5,133 27
The Park Vale Rent by Size
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 $4,900 $5,282 11
2,000 to 2,100 sqft $7,000 $7,000 1
The Park Vale Sale PSF 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
The Park Vale Latest Transactions
Most recent URA rentals and sales 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 $4,700 across 34 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $4,700
Rentals 34
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 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $16.4M
Latest record May 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 URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
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?
The Park Vale has a median monthly rent of $4,700 across 34 rentals.
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 sales on this page.
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 project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.