Ardmore Three

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

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Sale Price *

Average
S$ 3,336 psf
Range
S$ 3,011 - 3,660 psf

Rental Price **

Average
S$ 5.5 psf pm
Range
S$ 4.3 - 7.4 psf pm

Rental Yield **

2.0%

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

Amenities

4.3
4.3

Convenience

3.7
3.7

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
0 Facilities Available
No Data
Description
Ardmore Three is a freehold condominium completed in 2014. It is developed by BOTANICA PTE LTD. The development occupies a land area of 5,108 sqm and a Gross Floor Area of 14,291 sqm. It consists of 84 units. According to records, buyers of this development are Singaporean 52.4%, PR 12.7%, Foreigner 33.3%, Company 1.6%.

ARDMORE THREE is located along Ardmore Park in Newton, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Orchard Boulevard TE13. The nearest schools are THE SCHOOL OF MAKE-UP and LUFTHANSA TECHNICAL TRAINING GMBH.

Based on transaction data in the last 12 months, sale prices range from S$ 3,011 psf to S$ 3,660 psf at an average of S$ 3,336 psf. Its highest recorded transaction was S$ 4,335 psf in Jun 2017 for a 1,776-sqft unit. Its lowest recorded transaction was S$ 2,882 psf in Nov 2019 for a 1,787-sqft unit. Its current rental yield is at 2.0%.

Other nearby amenities include: 3 Childcare Centre(s): MAPLE BEAR EDUCARE PTE. LTD., PAT'S SCHOOLHOUSE PTE LTD, CHILTERN HOUSE FORUM, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, SUPERNATURE PTE LTD, and 3 Kindergarten(s): Wee Care Kindergarten, Little Hands Montessori Kindergarten, Little Raindrops Montessori Pre-School, and 3 Shopping Mall(s): ORCHARD TOWERS, DELFI ORCHARD, PALAIS RENAISSANCE.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

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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5
"Quiet , exclusive yet very convenient . Property is well maintained & you definitely should come and take a look !"
A***** S***
Google Review     |   25 Jun 2021
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Floor Plans
3
9
1

ARDMORE THREE - 3 - 9 - 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
1744 - 1798 sqft
No. of Units
84

Sales Transaction of ARDMORE THREE (Limited to 10)

Unit Search
#
There are 53 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 ARDMORE THREE
There are 114 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 (%)
1700 to 1800
13,000
1
5,250,000
2
3.0
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 DEC 2021
Former High Point (ABORTED Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
4.8
Site Area (sqm)
4,423
Site GFA (sqm)
21,072
Highest Bid ($M)
556.7
Highest Bid ($PSF)
2626
Number of BIDS
-
Land ($M)
556.7
Construction ($M)
74.8
Land Financing ($M)
48.7
Profesional / Legal / Taxes ($M)
75.8
Marketing / Others ($M)
45.4
Estimated Total Cost ($M)
801.39
Estimated Breakeven ($psf ppr)
3,533

Listings

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Property News

Richard Goh transforms Ardmore Three unit and launches it for sale at $6.68 mil

Property News

More luxury condos sold for above $3,000 psf

Property News

Unit at Ardmore Three hits record price of $4,439 psf

Property News

Unit at Ardmore II sold at $2,678 psf

Property News

Unit at Ardmore 3 fetches $4,001 psf

FAQs about ARDMORE THREE