Square Foot Research Singapore

Check out more Transaction Price, Rents, Trends and Analysis Data for 1953 on EdgeProp Singapore.
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1953

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Project Information

Project Name

1953

Street Name

Tessensohn Road

Property Type

Apartment

Tenure

Freehold

District / Planning Area

D12 / Kallang

Completion

2022

Number of units

58 units

Indicative price range / Average*

S$ 1,706 - S$ 2,018 psf / S$ 1,893 psf

Indicative rental range / Average*

S$ 6.00 - S$ 6.00 psf pm / S$ 6.00 psf pm

Implied rental yield

3.80%

Historical high

S$ 2,113 psf in May 2022 for a 893-sqft unit

Indicative average price from historical high

-10.4%

Historical low

S$ 1,706 psf in Jan 2023 for a 1,130-sqft unit

Buyer profile by status#

Singaporean 87.5%, PR 8.9%, Foreigner 3.6%, Company 0.0%

Buyer profile by purchaser address#

HDB 40.7%, Private 59.3%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
1953 Freehold 2022 - 1,706 1,893 2,018 6.00 6.00 6.00 3.8
CITY LOFT Freehold 2012 205 1,752 1,756 1,760 3.60 6.72 8.57 4.6
KERRISDALE 99 yrs FROM 1998 2005 333 1,334 1,349 1,363 3.36 4.44 6.11 4.0
STURDEE RESIDENCES 99 yrs FROM 2015 2019 402 1,826 1,915 2,061 2.49 6.43 9.51 4.0
BLISS REGALIA Freehold 2009 405 1,005 1,005 1,005 - - - -
STUDIOS @ MARNE Freehold 2010 411 1,374 1,374 1,374 4.55 4.96 5.82 4.3
THE CITRON RESIDENCES Freehold 2017 441 1,750 1,750 1,750 3.68 5.71 8.57 3.9
RANGOON 88 Freehold 2014 465 1,505 1,505 1,505 4.15 5.52 6.89 4.4
SUITES 123 Freehold 2011 508 1,258 1,258 1,258 5.18 6.11 7.78 5.8
URBAN LOFTS Freehold 2010 508 1,209 1,348 1,460 3.91 5.28 7.33 4.7

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

The developer's estimated breakeven is for subscribers only. Subscribe now to see every bit of information!
Status Name Location Land attributes Estimated Breakeven

on 11 Apr 2011

(Now known as Eight Riversuites)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 18,618.2
Site GFA (sqm) 65,163.7
Highest bid ($m) 543.0
Highest bid ($psf) 774.1
Number of bids 8
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer UE

on 31 Mar 2015

(Now known as Sturdee Residences)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 6,111.5
Site GFA (sqm) 21,391.0
Highest bid ($m) 181.2
Highest bid ($psf) 786.9
Number of bids 16
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer SL Capital (1) Pte Ltd

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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