City Towers

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,129 psf
Range
S$ 1,129 - 1,129 psf

Rental Price **

Average
S$ 1.8 psf pm
Range
S$ 1.8 - 1.8 psf pm

Rental Yield **

1.9%

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

Amenities

3.6
3.6

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
City Towers is a freehold apartment. The development occupies a land area of 9,711 sqm and a Gross Floor Area of 20,394 sqm. It consists of 78 units. According to records, buyers of this development are Singaporean 33.3%, PR 3.8%, Foreigner 3.0%, Company 59.8%.

CITY TOWERS is located along Bukit Timah Road in Tanglin, in District 10. It is accessible through the nearest MRTs including Newton DT11, NS21 and Stevens DT10, TE11. The nearest schools are ANGLO-CHINESE SCHOOL (PRIMARY) and ANGLO-CHINESE SCHOOL (BARKER ROAD).

Based on transaction data in the last 12 months, sale prices range from S$ 1,129 psf to S$ 1,129 psf at an average of S$ 1,129 psf. Its highest recorded transaction was S$ 1,529 psf in Jun 2012 for a 1,701-sqft unit. Its lowest recorded transaction was S$ 352 psf in Feb 2001 for a 5,425-sqft unit. Its current rental yield is at 1.9%. Other nearby amenities include: 3 Childcare Centre(s): THE LEARNING VINE CHILDCARE PTE LTD, CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED, ZEE PLAYHOUSE PTE LTD, and 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Barker Road Methodist Church Kindergarten, Far Eastern Kindergarten, St. James' Church Kindergarten (Gilstead), and 1 Shopping Mall: BALMORAL PLAZA.

Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.

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
"It is an apartment."
A***** H**
Google Review     |   10 Jan 2018
5
"Good"
S****** W**********
Google Review     |   20 Aug 2017
3
"Private residential building"
D*** S**
Google Review     |   27 Jul 2016
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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 CITY TOWERS (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 CITY TOWERS

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

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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Property News

Watten Estate Condo to launch $536 mil collective sale bid

Property News

Dalvey Court up for collective sale at $160 million

Property News

City Towers at Bukit Timah sold in collective sale for $401.9 million

Property News

City Towers makes fourth collective sale attempt with $355 mil reserve price

FAQs about CITY TOWERS

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