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SOMMERVILLE LOFT

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Project Information

Project Name

SOMMERVILLE LOFT

Street Name

Sommerville Walk

Property Type

Apartment

Tenure

Freehold

District / Planning Area

D13 / Serangoon

Completion

2003

Number of units

18 units

Indicative price range / Average*

-

Indicative rental range / Average*

S$ 3.81 - S$ 3.84 psf pm / S$ 3.82 psf pm

Implied rental yield

-

Historical high

S$ 1,366 psf in Nov 2022 for a 1,098-sqft unit

Indicative average price from historical high

-

Historical low

S$ 356 psf in May 2005 for a 2,174-sqft unit

Buyer profile by status#

Singaporean 90.6%, PR 3.1%, Foreigner 6.3%, Company 0.0%

Buyer profile by purchaser address#

HDB 46.9%, Private 53.1%

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
(%)
SOMMERVILLE LOFT Freehold 2003 - 1,366 1,366 1,366 2.54 3.55 4.00 3.1
E MAISON Freehold 2016 75 1,398 1,407 1,420 2.72 4.32 6.18 3.7
[email protected] Freehold 2015 126 1,292 1,394 1,496 5.43 5.43 5.43 4.7
DAISY SUITES Freehold 2015 153 1,226 1,336 1,446 5.38 5.69 6.00 5.1
THE ACACIAS Freehold 2009 174 1,239 1,264 1,289 3.08 3.31 3.78 3.1
[email protected] SERANGOON Freehold 2016 213 1,484 1,484 1,484 4.60 6.24 7.78 5.0
DAISY LODGE Freehold 1986 265 1,205 1,205 1,205 2.56 2.56 2.56 2.5
8 EDEN GROVE Freehold 1999 308 1,245 1,245 1,245 - - - -
THE SUNSHINE Freehold 2003 381 1,121 1,121 1,121 2.78 3.75 5.00 4.0
THE QUINN Freehold 2016 385 1,595 1,595 1,595 3.04 4.59 6.00 3.5

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 7 Oct 2016

(Now known as The Tre Ver)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 18,711.1
Site GFA (sqm) 38,956.3
Highest bid ($m) 334.2
Highest bid ($psf) 797.0
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 UOL - UIC

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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