North Park Residences

Condo Info

Address

District

Developer

FC North Gem Trustee Pte Ltd (as trustee-manager of North Gem Trust) / North Gem Development Pte Ltd

Tenure

99y leasehold from 19 Mar 2015

TOP

2018

Number of Units

920

Highest floor

Area (sqm)

40 - 162

Transactions

Rental Analysis

Bedrooms	Volume	Low	High	Average	PSF	Yield
1	34	$3,000	$3,800	$3,316	$5.92	3.87%
2	73	$1,800	$4,700	$3,701	$5.31	3.44%
3	30	$3,100	$6,800	$5,086	$5.29	3.53%
4	2	$6,500	$7,200	$6,850	$5.48	3.88%
NA	46	$2,500	$3,300	$2,883	$6.30	-

Rental Rate: 26.81%

Bedrooms	Volume	Low	High	Average	PSF	Yield
1	113	$2,200	$3,900	$3,218	$5.72	3.87%
2	284	$1,650	$5,900	$3,633	$5.22	3.47%
3	92	$2,600	$6,800	$4,985	$5.31	3.68%
4	14	$5,000	$7,200	$5,929	$4.98	3.55%
5	2	$7,400	$7,500	$7,450	$5.14	3.88%
NA	147	$1,680	$3,500	$2,887	$6.32	-

Rental Rate: 25.77%

Bedrooms	Volume	Low	High	Average	PSF	Yield
1	262	$1,900	$3,900	$2,682	$4.79	3.86%
2	655	$800	$5,900	$3,020	$4.35	3.66%
3	234	$1,450	$6,800	$3,975	$4.23	3.75%
4	30	$3,500	$7,200	$5,020	$4.31	3.94%
5	4	$5,000	$7,500	$6,375	$4.40	4.07%
NA	455	$1,400	$4,500	$2,345	$4.79	-

Rental Rate: 29.3%

Sale & Profitability Analysis

Bedrooms	Volume	Low	High	Average Price	PSF
1	12	$0.775m	$1.200m	$0.952m	$1,834
2	9	$1.288m	$1.360m	$1.334m	$1,849
3	7	$1.380m	$1.918m	$1.689m	$1,796
4	1	$1.788m	$1.788m	$1.788m	$1,695

Bedrooms	Volume	Low	High	Average Profit	Years Held	Annualized
1	11	$156k	$331k	$216k	8.74	3.11%
2	9	$160k	$399k	$307k	6.98	4.07%
3	6	$357k	$634k	$491k	8.48	4.26%
4	1	$441k	$441k	$441k	6.87	4.21%

Resale Rate: 3.29%

Bedrooms	Volume	Low	High	Average Price	PSF
1	40	$0.703m	$1.230m	$0.945m	$1,774
2	30	$1.200m	$1.360m	$1.289m	$1,807
3	21	$1.350m	$1.918m	$1.574m	$1,733
4	10	$1.530m	$2.020m	$1.845m	$1,684
5	7	$1.946m	$2.420m	$2.108m	$1,589

Bedrooms	Volume	Low	High	Average Profit	Years Held	Annualized
1	36	$60k	$338k	$179k	7.86	2.73%
2	30	$160k	$399k	$292k	6.77	3.98%
3	20	$267k	$634k	$397k	7.09	4.31%
4	10	$30k	$540k	$384k	6.13	3.85%
5	6	$406k	$625k	$490k	5.81	4.98%

Resale Rate: 4.02%

Bedrooms	Volume	Low	High	Average Price	PSF
1	310	$0.615m	$1.230m	$0.795m	$1,491
2	288	$0.828m	$1.360m	$1.022m	$1,424
3	256	$0.986m	$1.918m	$1.226m	$1,351
4	163	$1.129m	$2.020m	$1.482m	$1,312
5	44	$1.436m	$2.420m	$1.799m	$1,296