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	32	$2,600	$3,600	$3,244	$5.81	3.83%
2	72	$1,800	$4,700	$3,722	$5.30	3.43%
3	26	$3,100	$6,500	$5,253	$5.38	3.64%
4	2	$6,400	$7,200	$6,800	$5.44	3.89%
5	1	$7,400	$7,400	$7,400	$5.10	-
NA	51	$2,500	$3,400	$2,925	$6.39	-

Rental Rate: 26.67%

Bedrooms	Volume	Low	High	Average	PSF	Yield
1	114	$2,200	$3,900	$3,098	$5.51	3.78%
2	291	$1,650	$5,900	$3,557	$5.10	3.43%
3	94	$2,600	$6,500	$4,874	$5.18	3.62%
4	13	$5,000	$7,200	$5,885	$4.97	3.6%
5	2	$7,400	$7,500	$7,450	$5.14	3.89%
NA	157	$1,680	$3,500	$2,793	$6.11	-

Rental Rate: 26.52%

Bedrooms	Volume	Low	High	Average	PSF	Yield
1	248	$1,900	$3,900	$2,641	$4.72	3.81%
2	629	$800	$5,900	$2,989	$4.30	3.63%
3	224	$1,450	$6,500	$3,937	$4.18	3.72%
4	29	$3,500	$7,200	$4,969	$4.28	3.92%
5	4	$5,000	$7,500	$6,375	$4.40	4.07%
NA	440	$1,400	$4,500	$2,326	$4.74	-

Rental Rate: 29.75%

Sale & Profitability Analysis

Bedrooms	Volume	Low	High	Average Price	PSF
1	12	$0.775m	$1.120m	$0.948m	$1,820
2	7	$1.288m	$1.358m	$1.332m	$1,854
3	10	$1.380m	$1.918m	$1.667m	$1,774
4	2	$1.750m	$1.788m	$1.769m	$1,677

Bedrooms	Volume	Low	High	Average Profit	Years Held	Annualized
1	11	$110k	$259k	$183k	7.39	3.26%
2	7	$238k	$399k	$332k	7	4.41%
3	9	$283k	$634k	$449k	7.52	4.46%
4	2	$441k	$458k	$449k	7.16	4.18%

Resale Rate: 3.87%

Bedrooms	Volume	Low	High	Average Price	PSF
1	40	$0.665m	$1.230m	$0.931m	$1,751
2	32	$1.185m	$1.358m	$1.271m	$1,787
3	25	$1.350m	$1.918m	$1.542m	$1,716
4	13	$1.530m	$2.020m	$1.813m	$1,657
5	8	$1.946m	$2.420m	$2.122m	$1,584

Bedrooms	Volume	Low	High	Average Profit	Years Held	Annualized
1	36	$22k	$338k	$162k	7.48	2.61%
2	32	$201k	$399k	$284k	6.57	4.01%
3	24	$239k	$634k	$378k	6.87	4.28%
4	12	$30k	$540k	$382k	6.06	3.92%
5	7	$380k	$625k	$474k	5.61	4.89%

Resale Rate: 4.29%

Bedrooms	Volume	Low	High	Average Price	PSF
1	306	$0.615m	$1.230m	$0.793m	$1,486
2	285	$0.828m	$1.358m	$1.018m	$1,420
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