Aspen Heights

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
  5
 1
 0

Sale Price *

Average
S$ 2,032 psf
Range
S$ 1,800 - 2,213 psf

Rental Price **

Average
S$ 3.7 psf pm
Range
S$ 2.7 - 5.9 psf pm

Rental Yield **

2.2%

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

Amenities

3.9
3.9

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
Description
Aspen Heights is a leasehold (999 yrs from 1841) condominium completed in 1998. The development occupies a land area of 31,987 sqm and a Gross Floor Area of 89,564 sqm. It consists of 606 units. According to records, buyers of this development are Singaporean 53.7%, PR 15.9%, Foreigner 25.9%, Company 2.9%.

ASPEN HEIGHTS is located along River Valley Road in River Valley, in District 9. It is accessible through the nearest MRTs including Fort Canning DT20 and Somerset NS23. The nearest schools are NGEE ANN-ADELAIDE EDUCATION CENTRE and RIVER VALLEY PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,800 psf to S$ 2,213 psf at an average of S$ 2,032 psf. Its highest recorded transaction was S$ 2,243 psf in Sep 2021 for a 1,324-sqft unit. Its lowest recorded transaction was S$ 574 psf in Apr 2005 for a 1,335-sqft unit. Its current rental yield is at 2.2%.

Other nearby amenities include: 3 Childcare Centre(s): THE LITTLE SKOOL-HOUSE INTERNATIONAL PTE LTD, CAMBRIDGE CDC @ TANGLIN PTE. LTD., ETONHOUSE PRE-SCHOOL PTE LTD, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, MEIDI-YA SINGAPORE CO (PTE) LTD, and 3 Shopping Mall(s): ROBERTSON WALK, UE SHOPPING MALL, SINGAPORE SHOPPING CENTRE.

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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What they say
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Write a review
5
"Beautiful condominium with wide layout, privacy taken into account during the design with units not near each other at all. Great location."
S** D* A**
Google Review     |   05 Jul 2022
4
"Wide range of amenities , mini mart and Great gym. Perfect for families."
A****** C***
Google Review     |   08 Nov 2021
4
"Nice condo with children playing around."
K****** T**
Google Review     |   28 Sep 2021
5
"Quite a posh condominium. Looks like it was built quite a bit earlier, but has huge rooms ang great amenities to offset any of that."
R***** K
Google Review     |   28 Sep 2021
4
"Good numbers of customers for PHD driver."
D****** K**
Google Review     |   15 Aug 2021
4.2
"Kids friendly"
A** C*** W**
Owner     |   25 Oct 2016
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Floor Plans
261
1
1

ASPEN HEIGHTS - 261 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of ASPEN HEIGHTS (Limited to 10)

Unit Search
#
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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 ASPEN HEIGHTS
There are 0 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 (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On FEB 2021
10A/B & 11 Institution Hills
Site Use
Residential
Tenure
999
Plot Ratio
2.8
Site Area (sqm)
1,329
Site GFA (sqm)
3,720
Highest Bid ($M)
56.6
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
56.6
Construction ($M)
13.2
Land Financing ($M)
5
Profesional / Legal / Taxes ($M)
8.4
Marketing / Others ($M)
5
Estimated Total Cost ($M)
88.13
Estimated Breakeven ($psf ppr)
2,201

Listings

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thumb-images
11
$2,980,000
  • 39% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,210 psf
  • 263 River Valley Road
Paul Fam
send_enquiry
thumb-images
11
$3,880,000
  • 39% Rental Volume

  • 4 beds
  • 3 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,420 psf
  • 261 River Valley Road
Ivan Lim
send_enquiry
thumb-images
11
$3,800,000
  • 39% Rental Volume

  • 4 beds
  • 3 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,370 psf
  • 261 River Valley Road
Diana Teow
send_enquiry
thumb-images
4
$2,980,000
  • 39% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,210 psf
  • 263 River Valley
Sukhjindar Kaur
send_enquiry
thumb-images
4
$3,600,000
  • 39% Rental Volume

  • 4 beds
  • 3 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,260 psf
  • 261 River Valley Road
Florence Toh
send_enquiry
thumb-images
11
$2,450,000
  • 39% Rental Volume

  • 2 beds
  • 3 baths
  • 0.4 Below Valuation
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,190 psf
  • 263 River Valley Road
Jonathan Lee
send_enquiry
thumb-images
4
$3,888,000
  • 39% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,420 psf
  • 261 River Valley Road
Dixon Poon
send_enquiry
thumb-images
11
$2,900,000
  • 39% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,190 psf
  • 263 River Valley Road
Diana Teow
send_enquiry
thumb-images
10
$3,088,000
  • 39% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D9
  • 1998
  • 999 years
  • S$ 2,330 psf
  • 1,320 sqft
  • 261 River Valley Road
Bertram Tian 田鎮偉
send_enquiry

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Property News

Aspen Heights achieves new high of $2,175 psf

Property News

Ardmore Park scores new high of $3,744 psf

Property News

How did the private rental market perform this year?

FAQs about ASPEN HEIGHTS

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