Square Foot Research Singapore

Check out more Transaction Price, Rents, Trends and Analysis Data for THE MADEIRA on EdgeProp Singapore.
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Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the configuration panel below.

THE MADEIRA (last 5 years)

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Project Information

Project Name

THE MADEIRA

Street Name

Bukit Batok Street 31

Property Type

Condominium

Tenure

99 yrs FROM 2000

District / Planning Area

D23 / Bukit Batok

Completion

2003

Number of units

456 units

Indicative price range / Average*

S$ 1,076 - S$ 1,196 psf / S$ 1,143 psf

Indicative rental range / Average*

S$ 3.11 - S$ 4.57 psf pm / S$ 3.75 psf pm

Implied rental yield

3.94%

Historical high

S$ 1,196 psf in Sep 2023 for a 1,238-sqft unit

Indicative average price from historical high

-4.4%

Historical low

S$ 277 psf in Jan 2007 for a 3,046-sqft unit

Buyer profile by status#

Singaporean 73.4%, PR 21.1%, Foreigner 5.2%, Company 0.3%

Buyer profile by purchaser address#

HDB 68.6%, Private 31.4%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

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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 MADEIRA 99 yrs FROM 2000 2003 - 1,076 1,143 1,196 3.11 3.71 4.57 3.9
GUILIN VIEW 99 yrs FROM 1996 2000 464 938 1,055 1,132 2.80 3.78 4.47 4.3
REGENT HEIGHTS 99 yrs FROM 1995 1999 853 845 1,000 1,149 2.86 3.62 4.52 4.3
THE JADE 99 yrs FROM 2001 2004 880 1,214 1,284 1,334 3.10 4.00 4.76 3.7
LE QUEST 99 Years Leasehold 2020 956 1,582 1,647 1,752 4.31 6.05 7.33 4.4
HILLTOP GROVE 99 yrs FROM 1996 2001 978 1,064 1,103 1,139 2.30 2.74 3.19 3.0
HILLVIEW GARDEN ESTATE 999 yrs FROM 1885 - 997 1,363 1,465 1,554 - - - -

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.

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