Square Foot Research Singapore

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

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Project Information

Project Name

SOUTH UNION PARK

Street Name

Elite Park Avenue

Property Type

Terrace House

Tenure

Freehold

District / Planning Area

D15 / Bedok

Completion

Unknown

Number of units

Unknown

Indicative price range / Average*

-

Indicative rental range / Average*

-

Implied rental yield

-

Historical high

S$ 988 psf in Jul 2020 for a 1,356-sqft unit

Indicative average price from historical high

-

Historical low

S$ 419 psf in Jan 2010 for a 1,356-sqft unit

Buyer profile by status#

Singaporean 76.9%, PR 7.7%, Foreigner 7.7%, Company 7.7%

Buyer profile by purchaser address#

HDB 50.0%, Private 50.0%

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
(%)
SOUTH UNION PARK Freehold Unknown - 1,802 1,990 2,178 1.42 2.83 3.80 1.7
CRESCENDO BUILDING Freehold 1996 260 1,173 1,191 1,205 2.30 2.35 2.40 2.4
SPRINGVALE Freehold 1995 276 1,335 1,335 1,335 2.43 3.41 4.10 3.1
GOODWILL COURT Freehold 1983 340 1,161 1,161 1,161 - - - -
FLAMINGO VALLEY Freehold 2014 346 1,645 1,743 1,891 2.40 4.43 6.00 3.1
PARK EAST Freehold 1994 354 1,568 1,568 1,568 2.46 3.43 5.06 2.6
OPERA ESTATE Freehold - 418 1,450 1,951 2,876 1.69 3.96 9.00 2.4
AXIS @ SIGLAP Freehold 2009 419 1,228 1,228 1,228 4.13 4.17 4.21 4.1
VILLA MARINA 99 yrs FROM 1995 1999 487 1,038 1,226 1,357 2.71 3.54 4.80 3.5
FRANKEL ESTATE Freehold Unknown 574 1,265 1,811 2,482 1.68 3.78 5.29 2.5

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 18 Jan 2016

(Now known as Seaside Residences)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 19,309.6
Site GFA (sqm) 67,584.0
Highest bid ($m) 624.2
Highest bid ($psf) 858.0
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 FCL Topaz Pte. Ltd., Sekisui House, Ltd. and KH Capital 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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