Devonshire 12
Devonshire 12 is a freehold condominium located in District 9 (Orchard, Cairnhill, River Valley), part of the Core Central Region (CCR). The development was completed in 2015 and comprises 20 units. Sale and rental figures on this page are compiled from URA transaction records.
DEVONSHIRE 12
Over the 12 months to Dec 2023, Devonshire 12 recorded 19 rental contracts at a median $3,400/mo. Source: URA caveat data, as of Dec 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Dec-23 | $985,000 | $2,179 psf | 452 sqft | 01 to 05 | Studio |
| Nov-23 | $955,000 | $1,972 psf | 484 sqft | 01 to 05 | Studio |
| May-21 | $1,050,000 | $2,076 psf | 506 sqft | 01 to 05 | 1BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.