A one-bedroom, 570 sq ft unit at Bella Casita has been listed on TheEdgeProperty.com at $800,000, or $1,404 psf.
Bella Casita is a freehold apartment project on Ipoh Lane, off Tanjong Katong Road. The 57-unit development was completed in 2012. Schools within 1km from the property include Haig Girls’ School, Kong Hwa School and Tanjong Katong Primary School.
The latest transaction saw a 452 sq ft unit sold for $685,000, or $1,515 psf in January this year. There were five rental contracts for the past six months. Monthly rents averaged $2,040 which translates into a potential gross rental yield of 3.1% based on the asking price.
For more information, call marketing agent Rick Yong at 9879 8096
Past transactions at Bella Casita
Rental contracts for 500 to 600 sq ft units for the past six months