We track 1 sales and 59 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the WATTEN ESTATE CONDOMINIUM dashboard.
- Average sale price: $550,800,000 across 1 transactions
- Estimated gross rental yield: 0.0%
- District 11 PSF ranking: Premium tier (top 6%)
- Freehold tenure · CCR · D11 · 104 units
About WATTEN ESTATE CONDOMINIUM
WATTEN ESTATE CONDOMINIUM is a freehold condominium, located at SHELFORD ROAD in District 11 (Watten Estate, Novena, Thomson) (Core Central Region), developed by LUCKY REALTY CO LTD (FAR EAST), comprising 104 residential units, completed in 1983.
As a freehold property, WATTEN ESTATE CONDOMINIUM does not face lease decay concerns.
Sales Market Overview
WATTEN ESTATE CONDOMINIUM has recorded 1 sale transactions with an average transaction price of $550,800,000, ranging from $550,800,000 to $550,800,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $2,652 psf | $550,800,000 | — |
WATTEN ESTATE CONDOMINIUM ranks in the top 6% of condos in District 11 by average PSF.
Compared to the CCR average of $2,447 psf, WATTEN ESTATE CONDOMINIUM trades 8.4% above the segment benchmark.
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Rental Market Overview
WATTEN ESTATE CONDOMINIUM has recorded 59 rental transactions with monthly rents averaging $4,203/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 19 | $4,754/mo | $3,500/mo | $6,500/mo |
| 2 BR | 40 | $3,942/mo | $2,100/mo | $7,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 38 | $3,781/mo |
| 2022 | 15 | $4,223/mo |
| 2023 | 5 | $7,040/mo |
| 2024 | 1 | $5,750/mo |
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Investment Analysis
Based on average rents and sale prices, WATTEN ESTATE CONDOMINIUM delivers an estimated gross rental yield of 0.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 11
Side-by-side comparison against the most actively traded condos in District 11 (Watten Estate, Novena, Thomson):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | 340 | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | 180 | $3,236 psf | 179 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | 417 | $1,974 psf | 93 |
| PEAK RESIDENCE | Freehold | 90 | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | 311 | $1,903 psf | 72 |
FAQ
What is the average price for WATTEN ESTATE CONDOMINIUM?
What is the rental yield for WATTEN ESTATE CONDOMINIUM?
Is WATTEN ESTATE CONDOMINIUM freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 1 transactions analysed
- Rental data: 59 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for WATTEN ESTATE CONDOMINIUM
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