Gisborne Light
Gisborne Light is a freehold condominium located in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin), part of the Core Central Region (CCR). The development comprises 17 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
GISBORNE LIGHT
Over the 12 months to Aug 2024, Gisborne Light recorded 7 rental contracts at a median $3,900/mo. Source: URA caveat data, as of Aug 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Aug-24 | $2,250,000 | $1,787 psf | 1,259 sqft | 06 to 10 | 3BR |
| Feb-24 | $2,250,000 | $1,802 psf | 1,249 sqft | 06 to 10 | 3BR |
| Aug-21 | $1,880,000 | $1,506 psf | 1,249 sqft | 01 to 05 | 3BR |
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.