Square Foot Research Singapore

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GRANGE INFINITE

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Project Information

Project Name

GRANGE INFINITE

Street Name

Grange Road

Property Type

Condominium

Tenure

Freehold

District / Planning Area

D9 / River Valley

Completion

2011

Number of units

68 units

Indicative price range / Average*

S$ 2,658 - S$ 2,658 psf / S$ 2,658 psf

Indicative rental range / Average*

S$ 5.35 - S$ 7.33 psf pm / S$ 6.11 psf pm

Implied rental yield

2.76%

Historical high

S$ 3,400 psf in Sep 2009 for a 2,702-sqft unit

Indicative average price from historical high

-21.8%

Historical low

S$ 1,573 psf in Mar 2008 for a 9,462-sqft unit

Buyer profile by status#

Singaporean 16.0%, PR 8.4%, Foreigner 19.3%, Company 56.3%

Buyer profile by purchaser address#

HDB 1.4%, Private 98.6%

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
(%)
GRANGE INFINITE Freehold 2011 - 2,658 2,658 2,658 5.35 6.11 7.33 2.8
NEW FUTURA Freehold 2017 137 4,008 4,371 4,645 7.16 8.64 11.35 2.4
OUE TWIN PEAKS 99 yrs FROM 2010 2015 145 2,103 2,300 2,690 6.91 8.75 10.00 4.6
ST THOMAS SUITES Freehold 2010 168 2,207 2,343 2,443 4.63 5.72 7.80 2.9
GRANGE HEIGHTS Freehold 1975 178 2,021 2,021 2,021 2.15 3.52 4.71 2.1
ILLUMINAIRE ON DEVONSHIRE Freehold 2011 232 2,290 2,290 2,290 6.27 7.66 9.33 4.0
THE SUITES AT CENTRAL Freehold 2009 233 2,600 2,600 2,600 5.24 6.43 8.15 3.0
RIVERIA GARDENS Freehold 2010 240 2,263 2,356 2,417 5.05 5.42 6.11 2.8
LEONIE GARDENS 99 Yrs FROM 1990 1993 286 1,633 1,633 1,633 3.06 4.13 5.14 3.0
LEONIE HILL RESIDENCES Freehold 2005 291 2,454 2,454 2,454 4.26 6.13 7.83 3.0

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

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Status Name Location Land attributes Estimated Breakeven

on 1 Jul 2016

(Now known as Martin Modern)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 15,936.1
Site GFA (sqm) 44,622.0
Highest bid ($m) 595.1
Highest bid ($psf) 1,239.0
Number of bids 13
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 First Bedok Land Pte Ltd

on 24 Nov 2016

(Now known as 8 Hullet)

Street
Site use Residential
Sale Type
Tenure 0
Site area (sqm) 997.1
Site GFA (sqm) 1,712.0
Highest bid ($m) 38.2
Highest bid ($psf) 2,073.0
Number of bids
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 Lian Huat Group

on 19 Mar 2018

(Now known as The Avenir)

Street
Site use Residential
Sale Type
Tenure 0
Site area (sqm) 11,924.3
Site GFA (sqm) 50,404.0
Highest bid ($m) 980.0
Highest bid ($psf) 1,806.0
Number of bids
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 GuocoLand-Hong Leong Holdings JV

on 23 Nov 2016

(Now known as 3 Cuscaden)

Street
Site use Residential
Sale Type
Tenure 0
Site area (sqm) 2,003.0
Site GFA (sqm) 5,608.3
Highest bid ($m) 110.2
Highest bid ($psf) 1,826.0
Number of bids
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 (2) 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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