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Deal Watch
BELOW $1 MILLION: Freehold apartment in Kallang
By Metta Lee | May 25, 2016

A 570 sq ft one-bedroom high-floor unit at De Centurion in Kallang is looking for buyer at $899,000, or $1,577 psf. According to the agent, the unit has a partial sea/city view.

In August 2014, another 570 sq ft unit on a lower floor was sold for $880,000, or $1,543 psf.

De Centurion is a freehold apartment on Tanjong Rhu Road. Completed in 2010, the 42 unit development is within 400m of East Coast Park. Schools within a 2km radius of the property include Kong Hua School and Tanjong Katong Primary.

There were six rental contracts for one-bedroom 500 to 600 sq ft units at De Centurion in 2015. Monthly rent averaged $2,460. Based on the listing price of $899,000 million, the average rent translates into a potential gross rental yield of 3.3%

Recent transactions at De Centurion



Source: URA, The Edge Property

Recent rental contracts for 560 sq ft units at De Centurion

Source: URA, The Edge Property

Click here for more listings at De Centurion and nearby projects.


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