Gramercy Park

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  5
 2
 0

Sale Price *

Average
S$ 3,289 psf
Range
S$ 3,201 - 3,377 psf

Rental Price **

Average
S$ 5.7 psf pm
Range
S$ 4.2 - 7.4 psf pm

Rental Yield **

2.1%

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

Amenities

2.8
2.8

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
Gramercy Park is a freehold condominium completed in 2016. It is developed by ASTON PROPERTIES PTE LTD. The development occupies a land area of 15,535 sqm and a Gross Floor Area of 32,624 sqm. It consists of 174 units. According to records, buyers of this development are Singaporean 25.2%, PR 19.6%, Foreigner 51.5%, Company 3.7%.

GRAMERCY PARK is located along Grange Road in Tanglin, in District 10. It is accessible through the nearest MRTs including Orchard Boulevard TE13 and Orchard TE14, NS22. The nearest schools are ERC INSTITUTE and ALEXANDRA PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 3,201 psf to S$ 3,377 psf at an average of S$ 3,289 psf. Its highest recorded transaction was S$ 3,520 psf in May 2018 for a 1,292-sqft unit. Its lowest recorded transaction was S$ 2,246 psf in Jun 2016 for a 3,132-sqft unit. Its current rental yield is at 2.1%.

Other nearby amenities include: 3 Childcare Centre(s): SAM'S EARLY LEARNING CENTRE PTE LTD, SAFARI HOUSE PRESCHOOL RIVER VALLEY, LITTLE VILLAGE ON THE GRANGE, and 3 Grocerie(s): LITTLE FARMS PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Gracefields Kindergarten, Kay Poh Road Baptist Kindergarten, Little Hands Montessori Kindergarten, and 3 Shopping Mall(s): VALLEY POINT SHOPPING CENTRE, TUDOR COURT SHOPPING GALLERY, TANGLIN MALL.

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
"Security guardhouse is ok but difficult to find this place. Also difficult to buy food to eat"
M* Z*******
Google Review     |   10 May 2022
5
"Full luxury condo fasciitis including swimming pools club house function rooms indoor gyms tennis courts wading pool splash pool family pool Jacuzzi hydro spa BBQ playground fitness alcove garden trail and serene tranquil atmosphere with beautiful pool views and views of greenery luxury hotels condominiums and luxury shopping centres of Orchard Road. Walking distance or minutes of driving to Singapore Tourism Board Ion Orchard Shaw theatres Tanglin Mall Tanglin Shopping Centre ISS International School Botanical gardens Gleneagle Hospital and Ministry of Education HQ. Conveniently located in next to Orchard MRT station and bus stations with plenty of dinning shopping banking library postage community centre supermarkets cinemas entertainment and amenities nearby. Friendly cosy comfy welcoming ambience for romantic intimates groups students tourists expats locals visitors and families."
H* O
Google Review     |   30 Dec 2018
1
"Security guards are arrogant"
G**** C***
Google Review     |   18 Nov 2018
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Floor Plans
57
1
1

GRAMERCY PARK - 57 - 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 GRAMERCY PARK (Limited to 10)

Unit Search
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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 GRAMERCY PARK
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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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11
$7,500,000
  • 30% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,590 psf
  • 57 Grange Road
SERENE NG
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11
$6,880,000
  • 30% Rental Volume

  • 3 beds
  • 4 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,460 psf
  • 57 Grange Road
Margaret Chua
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11
$6,880,000
  • 30% Rental Volume

  • 3 beds
  • 4 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,460 psf
  • 57 Grange Road
Joy Toh
send_enquiry
thumb-images
11
$4,800,000
  • 30% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 4,050 psf
  • 57 Grange Road
Jeffrey Lee
send_enquiry
thumb-images
11
$6,950,000
  • 30% Rental Volume

  • 3 beds
  • 5 baths
  • 1.1 Below Valuation
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,360 psf
  • 57 Grange Road
Ivan Soong
send_enquiry
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11
$5,000,000
  • 30% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,940 psf
  • 57 Grange Road
Wilfred Chua
send_enquiry
thumb-images
11
$4,680,000
  • 30% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,690 psf
  • 57 Grange Road
Genevieve Tan
send_enquiry
thumb-images
11
$8,500,000
  • 30% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,850 psf
  • 57 Grange Road
Carrie Zhang(张璐)
send_enquiry
thumb-images
11
View to Offer
  • 30% Rental Volume

  • 3 beds
  • 4 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 3,110 psf
  • 57 Grange Road
KELLY TANG ROBINSON
send_enquiry
thumb-images
10
$4,800,000
  • 30% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 4,050 psf
  • 57 Grange Road
Glenice Toh
send_enquiry

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Property News

Paradise lost

Property News

Unit at Parkview Éclat sinks to record low of $2,523 psf

Property News

Gramercy Park sees units sold from $2,499 psf

Property News

Unit at Gramercy Park hits a high of $2,869 psf

Property News

Gramercy Park named Best Residential Development Gold at MIPIM Asia

FAQs about GRAMERCY PARK

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