Chung Chin Flats

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  3
 0
 0

Sale Price *

Average
S$ 502 psf
Range
S$ 502 - 502 psf

Rental Price **

Average
S$ 2.6 psf pm
Range
S$ 1.7 - 3.8 psf pm

Rental Yield **

6.3%

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

Amenities

3.3
3.3

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
0 Facilities Available
Description
Chung Chin Flats is a leasehold (999 yrs from 1964) apartment. The development occupies a land area of 269 sqm and a Gross Floor Area of 376 sqm. According to records, buyers of this development are Singaporean 100.0%, PR 0.0%, Foreigner 0.0%, Company 0.0%.

CHUNG CHIN FLATS is located along East Coast Road in Bedok, in District 15. It is accessible through the nearest MRTs including Marine Terrace TE27 and Marine Parade TE26. The nearest schools are CHIJ (KATONG) PRIMARY and CHIJ KATONG CONVENT.

Based on transaction data in the last 12 months, sale prices range from S$ 502 psf to S$ 502 psf at an average of S$ 502 psf. Its highest recorded transaction was S$ 502 psf in May 2007 for a 1,216-sqft unit. Its lowest recorded transaction was S$ 329 psf in Dec 2002 for a 1,216-sqft unit. Its current rental yield is at 6.3%.

Other nearby amenities include: 3 Childcare Centre(s): PAT'S SCHOOLHOUSE PTE. LTD., LITTLE FAIRYLAND CHILD CARE & DEVELOPMENT CENTRE, LITTLE FELLOW CHILDCARE, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, THE ALASKA GUYS PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Dynamic World Montessori Preschool, NAFA Arts Kindergarten, Two By Two Schoolhouse, and 3 Shopping Mall(s): TEMBELING CENTRE, I12 Katong, ROXY SQUARE.

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.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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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 CHUNG CHIN FLATS (Limited to 10)

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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 CHUNG CHIN FLATS
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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
Sold On MAY 2021
Ji Liang Gardens
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,327
Site GFA (sqm)
1,859
Highest Bid ($M)
18.6
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
18.6
Construction ($M)
6.6
Land Financing ($M)
1.6
Profesional / Legal / Taxes ($M)
3
Marketing / Others ($M)
1.8
Estimated Total Cost ($M)
31.64
Estimated Breakeven ($psf ppr)
1,582

Listings

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FAQs about CHUNG CHIN FLATS

What is the nearest MRT Station to CHUNG CHIN FLATS ?
The nearest MRT Station from CHUNG CHIN FLATS is Marine Terrace TE27 MRT

Similiar properties

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