Aalto

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 2,162 psf
Range
S$ 1,941 - 2,599 psf

Rental Price **

Average
S$ 3.9 psf pm
Range
S$ 3.1 - 5.4 psf pm

Rental Yield **

2.1%

Rental income expressed as a percentage of the property's value.

Amenities

2.8
2.8

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
9 Facilities Available
Barbeque Area
Barbeque Area
Clubhouse
Clubhouse
Function room
Function room
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Playground
Playground
Reflexology Path
Reflexology Path
Swimming pool
Swimming pool
Tennis courts
Tennis courts
Description
Aalto is a freehold condominium completed in 2010. It is developed by HONG LEONG HOLDINGS LTD and designed by RDC ARCHITECTS PTE LTD. The development occupies a land area of 9,855 sqm and a Gross Floor Area of 27,594 sqm. It consists of 196 units. According to records, buyers of this development are Singaporean 55.8%, PR 15.3%, Foreigner 26.6%, Company 2.0%.

AALTO is located along Meyer Road in Marine Parade, in District 15. It is accessible through the nearest MRTs including Amber TE25 and Marine Parade TE26. The nearest schools are NANYANG EDUCATION INSTITUTE and TANJONG KATONG PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,941 psf to S$ 2,599 psf at an average of S$ 2,162 psf. Its highest recorded transaction was S$ 2,919 psf in Feb 2013 for a 3,940-sqft unit. Its lowest recorded transaction was S$ 1,389 psf in Sep 2007 for a 1,528-sqft unit. Its current rental yield is at 2.1%.

Other nearby amenities include: 3 Childcare Centre(s): CHILTERN HOUSE EAST COAST, BLOSSOM GLITTERING CAMPUS PTE. LTD., APRICOT ACADEMY (KATONG) PTE LTD, and 3 Grocerie(s): CHEE MIN KUAN, SIMON, JMD RETAIL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 2 Kindergarten(s): MFC Kindergarten (Broadrick Road), Dreamkids Kindergarten @ East Gate Pte Ltd, and 3 Shopping Mall(s): KATONG SHOPPING CENTRE, THE ODEON KATONG, PARKWAY PARADE.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
Live Here? Tell us more
Write a review
1
"Overvalued place. Had bad landlord which spoilt my experience."
A** L**
Google Review     |   17 Aug 2020
5
"Best condo in the East area"
I** H*
Google Review     |   12 Jun 2018
4
"MRT has increased the value of Aalto"
S****** K**
Owner     |   16 Jan 2018
5
"Excellent residential accommodation. Nice view of the sea and beautifully maintained sorroundings. Effective arrangements and system to maintain privacy."
S***** G****
Google Review     |   05 Jan 2018
4
"Nice condo.. Away from the main road. Mrt coming up."
J*** L**
Google Review     |   14 Dec 2017
4
"Gud location. Gud view. Well maintained."
A*** G******
Google Review     |   21 Jun 2017
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Floor Plans
191
2
1

AALTO - 191 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
3BR
Area
1442 - 1550 sqft
No. of Units
104
Bedroom Type
4BR
Area
1959 - 2443 sqft
No. of Units
88
Bedroom Type
5BR
Area
3940 - 6168 sqft
No. of Units
4

Sales Transaction of AALTO (Limited to 10)

Unit Search
#
There are 289 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of AALTO
There are 501 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
1400 to 1500
5,300
1
-
-
-
1500 to 1600
6,522
9
3,094,000
2
2.5
1900 to 2000
7,500
1
4,325,000
2
2.1
2000 to 2100
6,800
1
-
-
-
2400 to 2500
11,000
4
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2022
Jalan Tembusu
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
19,560
Site GFA (sqm)
54,768
Highest Bid ($M)
768.0
Highest Bid ($PSF)
1302
Number of BIDS
8
Land ($M)
768
Construction ($M)
194.5
Land Financing ($M)
67.2
Profesional / Legal / Taxes ($M)
115.5
Marketing / Others ($M)
68.7
Estimated Total Cost ($M)
1,213.96
Estimated Breakeven ($psf ppr)
2,059
Sold On APR 2022
173 - 183 Haig Road - Odd no. units (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
2,545
Site GFA (sqm)
3,562
Highest Bid ($M)
49.3
Highest Bid ($PSF)
1286
Number of BIDS
-
Land ($M)
49.3
Construction ($M)
12.7
Land Financing ($M)
4.3
Profesional / Legal / Taxes ($M)
7.4
Marketing / Others ($M)
4.4
Estimated Total Cost ($M)
78.12
Estimated Breakeven ($psf ppr)
2,037

Listings

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thumb-images
11
$3,650,000

    • 3 beds
    • 3 baths
    • Condominium
    • D15
    • 2010
    • Freehold
    • S$ 2,390 psf
    • 191 Meyer Road
    Juliana Wall
    send_enquiry
    thumb-images
    11
    View to Offer

      • 3 beds
      • 3 baths
      • D15
      • 2010
      • Freehold
      • S$ 3,100 psf
      • 191 Meyer Road
      Evonne Ng
      send_enquiry
      thumb-images
      11
      $4,650,000

        • 4 beds
        • 4 baths
        • Condominium
        • D15
        • 2010
        • Freehold
        • S$ 2,370 psf
        • 193 Meyer Road
        Juliana Wall
        send_enquiry

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        DEAL WATCH: Unit at Aalto on the market for $1,600 psf

        FAQs about AALTO

        What is the nearest MRT Station to AALTO ?
        The nearest MRT Station from AALTO is Amber TE25 MRT