Venezio
Located in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive), Venezio is a freehold condominium in the Outside Central Region (OCR). Completed in 2007, the development comprises 40 units. Sale and rental figures on this page are compiled from URA transaction records.
VENEZIO
Over the 12 months to Aug 2024, Venezio recorded 8 rental contracts at a median $4,000/mo. Source: URA caveat data, as of Aug 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Aug-24 | $1,990,000 | $1,515 psf | 1,313 sqft | 01 to 05 | 3BR |
| Nov-22 | $2,638,000 | $914 psf | 2,885 sqft | 01 to 05 | 5BR |
| Apr-22 | $1,800,000 | $1,239 psf | 1,453 sqft | 01 to 05 | 4BR |
| Jul-21 | $1,788,000 | $1,019 psf | 1,755 sqft | 01 to 05 | 4BR |
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.