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111 SOMERSET

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Project Information

Project Name

111 SOMERSET

Street Name

SOMERSET ROAD

Property Type

Office / Shop

Tenure

99 yrs FROM 1975

District / Planning Area

D9 / Orchard

Completion

Unknown

Indicative price range / Average*

Office: S$ 2,301 - S$ 2,848 psf / S$ 2,600 psf
Shop: S$ 3,019 - S$ 3,019 psf / S$ 3,019 psf

Indicative rental range / Average#

Office: S$ 0.00 - S$ 0.00 psf pm / S$ 8.20 psf pm
Shop: S$ 0.00 - S$ 0.00 psf pm / S$ 10.01 psf pm

Implied rental yield

Office: 3.78%
Shop: 3.98%

Historical high

Office: S$ 2,905 psf in Jun 2023 for a 1,227-sqft unit
Shop: S$ 3,019 psf in Nov 2021 for a 947-sqft unit

Indicative average price from historical high

Office: -10.5%
Shop: 0.0%

Historical low

Office: S$ 2,301 psf in Nov 2023 for a 517-sqft unit
Shop: S$ 3,019 psf in Nov 2021 for a 947-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.

Location

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Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: https://www.squarefoot.com.sg

There are no nearby properties with transactions in the last 6 months

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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