TOP 5 CHEAPEST APARTMENTS SOLD (by $PSF) IN DISTRICT 7 & 8 FOR 1ST HALF OF 2014

No.1 GOLDEN MILE COMPLEX (S$555psf)

GoldenMile

Location: 5001 Beach Rd

Lowest $psf sold: S$555

Transacted $ per unit: S$1,218,000

Tenure: 99 yrs from 1969-Aug-4

Floor Square Feet per unit sold: 2,196psf

Not too surprising our champion in this department goes to Golden Mile Complex mainly because it is one of the oldest projects in district 7 & 8 for a lease hold building. There isn’t as much years left as compared to the other projects.

The Golden Mile Complex is a commercial and residential development, providing offices, shopping, entertainment services and apartment living within its podium and stepped terrace structure. It houses 411 shops, 226 offices and 68 residential units.

No.2 RANGOON APARTMENTS (S$852psf)

RangoonApt

Location: 190 Rangoon Road

Lowest $psf sold: S$852

Transacted $ per unit: S$1,238,000

Tenure: FreeHold

Floor Square Feet per unit sold: 1,453psf

Rangoon Apartments has 17 units and is accessible to Farrer Park, Boon Keng and Novena MRT Stations. It is also near to many educational institutions like St. Joseph Institutional International, Global Indian International School, San Yu Adventist School, Farrer Park Primary School Hong Wen School and Balestier Hilll Primary School.

No.3 MERGUI MANSIONS (S$880psf)

Mergui Mansions

Location: 81 Mergui Road

Lowest $psf sold: S$880

Transacted $ per unit: S$1,260,000

Tenure: FreeHold

Floor Square Feet per unit sold: 1,432psf

Mergui Mansion is a freehold apartment development located at 81 Mergui Road, Singapore 219057, in District 08, minutes walk to Farrer Park MRT Station. Completed in 1995, it comprises 36 units. Mergui Mansion is close to Tan Tock Seng Hospital and Kampong Java Park.

No.4 KENTISH COURT (S$966psf)

KentishCourt1

Location: 33 Oxford Road

Lowest $psf sold: S$966

Transacted $ per unit: S$1,050,000

Tenure: 99 years frm 1995-Mar-1

Floor Square Feet per unit sold: 1,087psf

Kentish Court has a 99-year leasehold, located at, 33, Oxford Road, Singapore 218816, in district 8, near Farrer Park MRT Station, Little India MRT Station and Novena MRT Station. It was completed in 2000. It has a total of 77 units. It is located near Serangoon plaza and Pek kio Market and Food Centre.

No.5 KERRISDALE (S$984psf)

Kerrisdale2

Location: 32 Sturdee Road

Lowest $psf sold: S$984

Transacted $ per unit: S$2,500,000

Tenure: 99 years frm 1998-Apr-2

Floor Square Feet per unit sold: 2,540psf

Kerrisdale is a trademark of an exclusive home. A value-added condominium of 481 units total that will allow you to attain many luxuries to compliment your lifestyle. Located in the heart of town, Kerrisdale is only a few minutes away from Orchard Road and the CBD.

There are several bus route options within 100 metres ofKerrisdale, on Jalan Besar, Serangoon Road and Lavender Street. The Farrer Park MRT is about 200 metres from the back gate and the Lavender MRT is less than half a kilometre from the main gate.

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