PARC RIVIERA
WEST COAST VALE · District 05 · 99 yrs lease commencing from 2015
Median Price
S$1.1M
Price Range
S$678K - S$2.4M
Tenure
Leasehold
Avg Rent
S$6.05 psf
PARC RIVIERA Price Analysis
PARC RIVIERA is a leasehold development on WEST COAST VALE in District 05 (Clementi/West Coast). According to URA transaction records, 307 private residential transactions have been recorded at this development, with a median price of S$1,055,000. Prices range from S$678K for the smallest units to S$2.4M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$760,000. Larger units (4-bed (130-170 sqm)) trade at S$2,000,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at PARC RIVIERA. High-floor units (36-40) command a median of S$1,608,888, while low-floor units (01-05) sell for S$978,000. That is a 65% premium for higher floors, worth S$631K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, PARC RIVIERA commands an average of S$6.05 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 5.9%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$760K | 43 sqm | 53 |
| 1-Bed (50-70 sqm) | S$1M | 61 sqm | 145 |
| 2-Bed (70-100 sqm) | S$1.4M | 88 sqm | 48 |
| 3-Bed (100-130 sqm) | S$1.9M | 109 sqm | 59 |
| 4-Bed (130-170 sqm) | S$2M | 144 sqm | 2 |
FAQ
What is the average price of PARC RIVIERA?
The median transaction price at PARC RIVIERA is S$1,055,000, based on 307 URA-recorded transactions. Prices range from S$678K to S$2.4M.
Does floor level affect prices at PARC RIVIERA?
Yes. High-floor units (36-40) sell for a median of S$1,608,888, while low-floor units (01-05) sell for S$978,000. That is a 65% premium for higher floors.
What is the rental rate at PARC RIVIERA?
The average rental rate at PARC RIVIERA is approximately S$6.05 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.