Chinatown Plaza

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  0
 1
 0

Sale Price *

Average
S$ 1,092 psf
Range
S$ 1,092 - 1,092 psf

Rental Price **

Average
S$ 2.3 psf pm
Range
S$ 2.3 - 2.3 psf pm

Rental Yield **

2.5%

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

Amenities

4.7
4.7

Convenience

4.7
4.7

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
Chinatown Plaza is a freehold apartment completed in 1984. The development occupies a land area of 3,154 sqm and a Gross Floor Area of 12,611 sqm. It consists of 38 units. According to records, buyers of this development are Singaporean 18.7%, PR 1.1%, Foreigner 2.2%, Company 78.0%.

CHINATOWN PLAZA is located along Craig Road in Outram, in District 2. It is accessible through the nearest MRTs including Maxwell TE18 and Outram Park EW16, NE3, TE17. The nearest schools are FIRST MEDIA DESIGN SCHOOL and INSPIRATION DESIGN INTERNATIONAL SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,092 psf to S$ 1,092 psf at an average of S$ 1,092 psf. Its highest recorded transaction was S$ 1,092 psf in Mar 2016 for a 1,722-sqft unit. Its lowest recorded transaction was S$ 326 psf in Jun 1999 for a 1,625-sqft unit. Its current rental yield is at 2.5%. Other nearby amenities include: 3 Childcare Centre(s): LIFE JOURNIZ PTE. LTD., THE KIDZ ZONE PTE LTD, KIDSCAMPUS TANJONG PAGAR LLP, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, HONG HENG SENG, WAN SIEW YOONG, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ TANJONG PAGAR-TIONG BAHRU Blk 1E (KN), PCF Tanjong Pagar-Tiong Bahru Blk 1E, Fairfield Methodist Church Kindergarten, and 3 Shopping Mall(s): TANJONG PAGAR PLAZA, PEARLS CENTRE, CHINATOWN COMPLEX.

Buyers and tenants are attracted to District 2, which consists of Anson Road, Tanjong Pagar and Chinatown. Many buildings in District 2 have undergone upgrades, keeping pace with Singapore’s property evolution. As such, spanning across this busy metropolitan area are high-rise office buildings, residential blocks and commercial structures. Anson Road is renowned for its residential and commercial towers. Chinatown, just a stone’s throw away, is a distinctively historical and cultural enclave where major points have been declared national heritage sites. For foodies, one can find a wide variety of affordable and authentic local dishes at The Maxwell Food Centre that houses hawkers from the vicinity. District 2 is also home to Pinnacle @ Duxton, an iconic HDB project with seven 50-storey tower blocks linked with sky gardens at the 26th and 50th storeys that offer panoramic views of the city.

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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1
"This place had already been closed and going to be demolished for a new building."
A***** C***
Google Review     |   16 Jul 2019
3
"Feels empty. Looking old. Companies seem to be moving out. Surrounding is nice. Toilets are not clean."
A***** W**********
Google Review     |   21 Apr 2019
5
"Gain insights into Singapores rich, multi-ethnic culture by visiting some of the countrys oldest places of worship, located in the heart of Chinatown. Culture lovers looking to immerse themselves in Buddhisms rich art and history should pay a visit to the Buddha Tooth Relic Temple. The temples interior is architecturally designed in the form of a mandala, a central concept in Buddhist and Hindu spirituality that represents universal connection."
S**** S*****
Google Review     |   29 Nov 2018
5
"Decent shopping mall away from the hustle and bustle of shophouse crowd"
B******* L**
Google Review     |   08 Oct 2018
3
"It is an office, shops and residential building tugged at a corner of Neil Road and Craig Road in Tanjong Pagar district. There is a restaurant serving Strait Chinese cuisine. Other than that there is a dance school that conducts Flamingo dance. Other than that there is no shops but mainly offices of B2B natures. There is a pub on level 2 though."
S*** S***
Google Review     |   31 Jul 2017
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Floor Plans
No Data
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 CHINATOWN PLAZA (Limited to 10)

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Date
Area(sqft)
Bedrooms
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 CHINATOWN PLAZA
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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
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Listings

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Property News

Collective sale of Chinatown Plaza for $270 mil

Property News

Chinatown Plaza sold en bloc for $260 mil

Property News

Investing in conservation shophouses during a pandemic

Property News

Three adjoining shophouses on Craig Road for sale at $36 mil

Property News

Freehold Bukit Pasoh shophouse on sale for $10.5 mil

FAQs about CHINATOWN PLAZA

What is the nearest MRT Station to CHINATOWN PLAZA ?
The nearest MRT Station from CHINATOWN PLAZA is Outram Park NE3,EW15,EW16,TE17,TE18 MRT

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