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Check out more Transaction Price, Rents, Trends and Analysis Data for 8M RESIDENCES on EdgeProp Singapore.
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8M RESIDENCES
Configure Report
| 1. Unit Search Usage: '20-07', '20-' for storey 20, '-07' for stack 07 |
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2. Nearby amenities 
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Project Information
Project Name |
8M RESIDENCES |
Street Name |
Margate Road |
Property Type |
Apartment |
Tenure |
Freehold |
District / Planning Area |
D15 / Marine Parade |
Completion |
2016 |
Number of units |
68 units |
Indicative price range / Average* |
S$ 2,064 - S$ 2,064 psf / S$ 2,064 psf |
Indicative rental range / Average* |
S$ 4.62 - S$ 6.73 psf pm / S$ 5.70 psf pm |
Implied rental yield |
3.31% |
Historical high |
S$ 2,226 psf in Mar 2020 for a 517-sqft unit |
Indicative average price from historical high |
-7.3% |
Historical low |
S$ 1,322 psf in Apr 2015 for a 1,421-sqft unit |
Buyer profile by status# |
Singaporean 76.3%, PR 15.8%, Foreigner 6.6%, Company 1.3% |
Buyer profile by purchaser address# |
HDB 31.8%, Private 68.2% |
Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.
Location
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 (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 8M RESIDENCES | Freehold | 2016 | - | 2,064 | 2,064 | 2,064 | 4.71 | 5.92 | 6.73 | 3.4 | |
| SANTA FE MANSIONS | Freehold | 1997 | 93 | 1,551 | 1,575 | 1,598 | 2.90 | 3.65 | 4.57 | 2.8 | |
| EQUATORIAL APARTMENTS | Freehold | 1981 | 152 | 1,782 | 1,782 | 1,782 | 2.14 | 2.44 | 2.94 | 1.6 | |
| THE SEAFRONT ON MEYER | Freehold | 2010 | 231 | 1,868 | 1,885 | 1,902 | 2.38 | 4.11 | 5.24 | 2.6 | |
| THE BELVEDERE | Freehold | 2007 | 246 | 2,177 | 2,177 | 2,177 | 3.26 | 4.34 | 6.47 | 2.4 | |
| HAWAII TOWER | Freehold | 1984 | 336 | 1,800 | 1,800 | 1,800 | 1.91 | 2.98 | 5.14 | 2.0 | |
| MEYER MANSION | Freehold | Uncompleted | 418 | 2,481 | 2,773 | 3,170 | - | - | - | - | |
| FORT GARDENS | Freehold | 1993 | 425 | 1,253 | 1,253 | 1,253 | 2.48 | 4.19 | 5.29 | 4.0 | |
| FULCRUM | Freehold | 2016 | 431 | 1,974 | 2,067 | 2,175 | 3.69 | 6.06 | 7.78 | 3.5 | |
| MEYER PARK | Freehold | 1985 | 469 | 2,707 | 2,707 | 2,707 | 1.70 | 2.61 | 3.27 | 1.2 |
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
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.