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	27	$2,600	$3,700	$3,341	$5.97	3.97%
2	75	$2,800	$4,587	$3,860	$5.58	3.68%
3	29	$3,100	$6,000	$5,059	$5.42	3.69%
4	3	$5,500	$6,400	$5,933	$5.35	3.69%
5	2	$7,400	$7,500	$7,450	$5.14	3.75%
NA	38	$2,200	$3,400	$2,957	$6.47	-

Rental Rate: 25.22%

Bedrooms	Volume	Low	High	Average	PSF	Yield
1	129	$2,000	$3,900	$2,842	$5.06	3.58%
2	323	$800	$5,900	$3,300	$4.74	3.23%
3	102	$2,300	$6,500	$4,348	$4.66	3.41%
4	14	$3,600	$6,400	$5,579	$4.72	3.51%
5	3	$5,000	$7,500	$6,633	$4.57	3.52%
NA	157	$1,600	$3,500	$2,587	$5.67	-

Rental Rate: 28.77%

Bedrooms	Volume	Low	High	Average	PSF	Yield
1	225	$1,900	$3,900	$2,578	$4.61	3.74%
2	576	$800	$5,900	$2,924	$4.21	3.54%
3	201	$1,450	$6,500	$3,781	$4.04	3.66%
4	28	$3,500	$6,400	$4,889	$4.23	3.87%
5	4	$5,000	$7,500	$6,375	$4.40	4.07%
NA	404	$1,400	$4,500	$2,275	$4.59	-

Rental Rate: 30.25%

Sale & Profitability Analysis

Bedrooms	Volume	Low	High	Average Price	PSF
1	15	$0.755m	$1.230m	$0.990m	$1,805
2	11	$1.200m	$1.340m	$1.290m	$1,823
3	5	$1.450m	$1.743m	$1.608m	$1,761
4	4	$1.750m	$1.960m	$1.892m	$1,740
5	3	$2.120m	$2.420m	$2.307m	$1,642

Bedrooms	Volume	Low	High	Average Profit	Years Held	Annualized
1	14	$110k	$338k	$193k	7.64	2.96%
2	11	$217k	$369k	$304k	6.85	4.13%
3	5	$283k	$426k	$366k	6.27	4.42%
4	4	$458k	$540k	$505k	7.41	4.4%
5	2	$450k	$625k	$537k	5.71	5.41%

Resale Rate: 4.59%

Bedrooms	Volume	Low	High	Average Price	PSF
1	41	$0.630m	$1.230m	$0.896m	$1,693
2	31	$1.140m	$1.340m	$1.248m	$1,759
3	22	$1.200m	$1.743m	$1.451m	$1,640
4	17	$1.530m	$2.020m	$1.783m	$1,613
5	10	$1.800m	$2.420m	$2.088m	$1,558

Bedrooms	Volume	Low	High	Average Profit	Years Held	Annualized
1	36	-$6k	$338k	$131k	7.11	2.14%
2	31	$85k	$369k	$257k	6.16	3.86%
3	22	$151k	$426k	$301k	6.07	3.99%
4	16	$30k	$540k	$353k	5.6	3.98%
5	9	$213k	$625k	$426k	5.43	4.49%

Resale Rate: 3.17%

Bedrooms	Volume	Low	High	Average Price	PSF
1	298	$0.615m	$1.230m	$0.789m	$1,477
2	264	$0.837m	$1.340m	$1.019m	$1,427
3	263	$0.828m	$1.743m	$1.193m	$1,325
4	162	$1.129m	$2.020m	$1.480m	$1,310
5	44	$1.436m	$2.420m	$1.799m	$1,296