Condo Guides

Parc Vera: Hougang Condo Guide to Prices, Units, Location and Who It Suits

Parc Vera is a 452-unit Sim Lian condo on Hougang Street 32, completed in 2014, under a kilometre from Hougang MRT. Facts, recent psf, rents, schools and who it suits.

By LinkTown Updated 5 min read

water reflection of coconut palm trees

Parc Vera is a 452-unit condo on Hougang Street 32, completed in 2014 by a Sim Lian entity. Its name sometimes gets mixed up with projects in Kovan or Serangoon, but the address places it firmly in Hougang, District 19: roughly 860 m in a straight line from Hougang MRT and a few minutes from Holy Innocents’ Primary School.

That makes Parc Vera one of the closer resale condos to Hougang Central, where LinkTown Residences (Hougang Central Residences) is planned. This guide covers the verified facts, prices, rents, location and who Parc Vera suits, and then compares the two fairly.

Quick answer: Parc Vera is a 452-unit, 99-year leasehold condo (lease from December 2010) at 2–10 Hougang Street 32, District 19, completed in 2014 across four blocks of up to 17 storeys. EdgeProp’s 12-month data shows an average of about S$1,475 psf (accessed 29 Sep 2026).

Parc Vera at a glance

Item Details
Developer Sim Lian (Hougang) Pte Ltd
Tenure 99-year leasehold from 20 Dec 2010 (about 83 years left as at Sep 2026)
District / region District 19 (Hougang), OCR
Address 2, 6, 8 and 10 Hougang Street 32
Units and blocks 452 units in four blocks of up to 17 storeys
Completion (TOP) 2014
Site area About 15,630 sqm (roughly 168,000 sq ft)
Nearest MRT Hougang (NE14), roughly 860 m straight line; Kovan (NE13) about 1.2 km

Sources: EdgeProp project page, accessed 29 Sep 2026. Distances are straight-line estimates between OneMap points; walking routes are longer.

Unit types

We could not verify a published unit mix or size schedule for Parc Vera, so we have not listed one. Listings on EdgeProp in September 2026 included two-, three- and four-bedroom units, and the highest recent deal was for an 872 sq ft unit. Some four-bedroom listings showed much lower psf figures than the smaller units, which usually means a larger strata area (for example, a unit with a big private enclosed space). Always check what the strata area includes; our floor plan guide explains how.

The EdgeProp page does not list facilities, so ask the managing agent for the current list and any planned works.

Parc Vera prices and rents

Based on URA caveat data compiled on EdgeProp’s project page for the latest 12 months (accessed 29 Sep 2026):

  • Average resale price: about S$1,475 psf
  • Range: about S$1,029 to S$1,649 psf
  • Highest recorded deal: S$1,649 psf in June 2026, for an 872 sq ft unit
  • Rents: about S$2.4 to S$4.8 psf per month, averaging about S$4.1 psf per month, an implied gross yield of about 3.3%

That average sits below other Hougang resale benchmarks in our brief, such as Riverfront Residences at about S$1,736 psf and The Florence Residences at about S$1,877 psf (reported transaction data, mid-2026). Part of the gap is the wide spread of unit sizes: very large units pull the psf average down. Compare like-for-like sizes rather than the headline average. See our psf guide.

Location and amenities

Parc Vera sits in an established HDB neighbourhood between Hougang Central and Kovan. By straight-line distance from OneMap points, Hougang Polyclinic is about 940 m away and Hougang Mall about 950 m, with Heartland Mall and Kovan Hougang Market and Food Centre around 1.1–1.2 km. EdgeProp also lists neighbourhood shopping such as Hougang RiverCourt, The Midtown and Kang Kar Mall.

Punggol Park, with its lake, is about 1.5 km away. Our parks guide covers it and the park connectors nearby.

Hougang Mall at Hougang Central, about a kilometre from Parc Vera

Schools: Holy Innocents’ Primary is the standout, roughly 340 m away by straight line. CHIJ Our Lady of the Nativity is about 1.1 km and Montfort Junior School about 1.3 km. Check the 1 km and 2 km bands on OneMap; our Hougang primary schools guide covers P1 phases.

Transport: most residents walk or take a short bus ride to Hougang MRT (NE14) on the North-East Line, which will become an NEL–CRL interchange when Cross Island Line Phase 1 opens, targeted around 2030. EdgeProp also lists the future Defu CRL station among nearby stations; see our guide to Defu and the new CRL stations.

Pros and cons of Parc Vera

  • Pros: a lower average psf than many Hougang peers; about 83 years of lease left; Holy Innocents’ Primary very close; a manageable size of 452 units; under a kilometre from Hougang Central by straight line.
  • Cons: not a doorstep MRT condo, so most trips start with a walk or bus; little retail within the immediate block; facilities and unit mix need to be checked directly as they are not listed on EdgeProp.

Who Parc Vera suits

Parc Vera suits families who put a primary school nearby and space per dollar ahead of a doorstep MRT, HDB upgraders who want to stay in Hougang, and buyers who drive. Investors may find the implied yield of about 3.3% reasonable for the price point, though tenants often prefer units closer to rail.

Resale condo or new launch?

LinkTown Residences (Hougang Central Residences) is roughly a kilometre from Parc Vera, on the Hougang Central mixed-use GLS site directly linked to Hougang MRT, a new bus interchange and a mall of about 300,000 sq ft.

Parc Vera LinkTown Residences
Status Completed 2014; resale New launch; sales expected early 2027
Units 452 About 830 (reported)
MRT Hougang NE14, ~860 m straight line Direct link to Hougang NE14; future CRL
Price ~S$1,475 psf (EdgeProp 12-month average) ~S$2,500–2,600 psf (analyst estimate)
Move-in On completion of purchase Expected 2030/2031

Parc Vera gives far more space for the money and you can move in now. LinkTown would cost significantly more per square foot but sits directly above the transport hub, with a new lease. Many local families will use both: live nearby now and still enjoy the new mall and interchange when they open. UOL’s August 2026 results guide a 2H 2027 launch; no prices have been released. For more options, see our Hougang condo options guide and Kovan Melody.

Parc Vera figures are based on publicly reported information and transaction data as at 29 Sep 2026. LinkTown pricing is an indicative analyst estimate, not a released price.

More condo guides in Hougang and the North-East: Terrasse Condo, The Luxurie Sengkang, Sunglade Condo.

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Frequently asked questions

Where is Parc Vera?

Parc Vera is at 2–10 Hougang Street 32 in Hougang, District 19, not in Kovan. Based on OneMap coordinates, it is roughly 860 m in a straight line from Hougang MRT (NE14) and about 340 m from Holy Innocents’ Primary School.

Who developed Parc Vera and when was it completed?

EdgeProp lists Sim Lian (Hougang) Pte Ltd as the developer. Parc Vera was completed in 2014 and has 452 units in four blocks of up to 17 storeys.

What is the Parc Vera price per square foot?

EdgeProp’s project page (accessed 29 September 2026) shows a 12-month average of about S$1,475 psf, ranging from about S$1,029 to S$1,649 psf. The highest was S$1,649 psf in June 2026 for an 872 sq ft unit.

What is Parc Vera’s tenure?

Parc Vera is a 99-year leasehold condo with the lease starting on 20 December 2010, leaving roughly 83 years as at September 2026.

Linktown residences artist impression LinkTown ResidencesHougang Central, above Hougang MRT, by CapitaLand Development, UOL & Kheng Leong

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