Ricchezza
Located in District 15 (Joo Chiat, Amber Road, Katong), Ricchezza is a freehold condominium in the Outside Central Region (OCR). Completed in 2009, the development comprises 16 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
RICCHEZZA
Over the 12 months to Jan 2024, Ricchezza recorded 6 rental contracts at a median $3,075/mo. Source: URA caveat data, as of Jan 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jan-24 | $1,560,000 | $1,239 psf | 1,259 sqft | 01 to 05 | 3BR |
| May-22 | $1,438,888 | $1,392 psf | 1,033 sqft | 01 to 05 | 3BR |
| Apr-21 | $1,280,000 | $1,239 psf | 1,033 sqft | 01 to 05 | 3BR |
| Mar-21 | $1,180,000 | $1,337 psf | 883 sqft | 01 to 05 | 2BR |
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.