Square Foot Research Singapore

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THE LOFT

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Project Information

Project Name

THE LOFT

Street Name

Nassim Hill

Property Type

Condominium

Tenure

99 yrs FROM 1999

District / Planning Area

D10 / Tanglin

Completion

2002

Number of units

77 units

Indicative price range / Average*

S$ 2,067 - S$ 2,190 psf / S$ 2,141 psf

Indicative rental range / Average*

S$ 3.41 - S$ 7.88 psf pm / S$ 5.85 psf pm

Implied rental yield

3.28%

Historical high

S$ 2,300 psf in Sep 2007 for a 1,830-sqft unit

Indicative average price from historical high

-6.9%

Historical low

S$ 700 psf in Sep 2005 for a 1,798-sqft unit

Buyer profile by status#

Singaporean 58.5%, PR 15.7%, Foreigner 12.6%, Company 13.2%

Buyer profile by purchaser address#

HDB 8.1%, Private 91.9%

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
(%)
THE LOFT 99 yrs FROM 1999 2002 - 2,067 2,141 2,190 3.41 5.89 7.88 3.3
19 NASSIM 99 yrs FROM 2019 Uncompleted 110 3,815 3,866 3,906 - - - -
NASSIM PARK RESIDENCES Freehold 2011 158 4,562 4,674 4,785 - - - -
BOTANIC GARDENS MANSION Freehold - 243 1,869 1,961 2,052 3.26 4.01 4.96 2.5
LES MAISONS NASSIM Freehold Uncompleted 290 5,213 5,470 5,727 - - - -
BOTANIC GARDENS VIEW Freehold - 295 2,922 2,922 2,922 2.00 4.10 7.13 1.7
ST MARTIN'S APARTMENT Freehold 1986 305 2,333 2,333 2,333 6.32 6.32 6.32 3.2
GRANGE RESIDENCES Freehold 2004 311 3,147 3,234 3,321 5.69 7.27 10.00 2.7
NASSIM 9 Freehold 2002 370 3,169 3,309 3,448 - - - -
NASSIM MANSION Freehold 1977 460 3,253 3,253 3,253 2.82 3.88 4.43 1.4

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 17 May 2018

(Now known as Cuscaden Reserve)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 5,722.5
Site GFA (sqm) 16,023.0
Highest bid ($m) 410.0
Highest bid ($psf) 2,377.0
Number of bids 9
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 SC Global Developments, Far East Consortium International, New World Development - consortium

on 24 Nov 2016

(Now known as 120 Grange)

Street
Site use Residential
Sale Type
Tenure 0
Site area (sqm) 1,466.0
Site GFA (sqm) 3,078.6
Highest bid ($m) 48.5
Highest bid ($psf) 1,841.0
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 Roxy-Pacific Holdings

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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