Melrose Ville

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 1,348 psf
Range
S$ 1,257 - 1,413 psf

Rental Price **

Average
S$ 3.3 psf pm
Range
S$ 2.3 - 3.7 psf pm

Rental Yield **

2.9%

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

Amenities

3.7
3.7

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
3 Facilities Available
Barbeque Area
Barbeque Area
Jacuzzi
Jacuzzi
Swimming pool
Swimming pool
Description
Melrose Ville is a freehold apartment completed in 2011. It is developed by TKE DEVELOPMENT PTE LTD. The development occupies a land area of 1,318 sqm and a Gross Floor Area of 1,845 sqm. It consists of 28 units. According to records, buyers of this development are Singaporean 79.6%, PR 13.0%, Foreigner 5.6%, Company 1.9%.

MELROSE VILLE is located along Rose Lane in Geylang, in District 15. It is accessible through the nearest MRTs including Dakota CC8 and Paya Lebar CC9, EW8. The nearest schools are NORTHLIGHT SCHOOL and APRO TRAINING CENTRE.

Based on transaction data in the last 12 months, sale prices range from S$ 1,257 psf to S$ 1,413 psf at an average of S$ 1,348 psf. Its highest recorded transaction was S$ 1,558 psf in Dec 2013 for a 517-sqft unit. Its lowest recorded transaction was S$ 761 psf in Apr 2010 for a 2,088-sqft unit. Its current rental yield is at 2.9%.

Other nearby amenities include: 3 Childcare Centre(s): ORION PRESCHOOL, PEBBLE PLACE DEVELOPMENT CENTRE, ZEE SCHOOLHOUSE PTE LTD, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, THE SEAFOOD MARKET PLACE (BY SONG FISH) PTE. LTD., FOODIE MARKET PLACE PTE. LTD., and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ MOUNTBATTEN Blk 51 (KN), St. Hilda's Church Kindergarten, Etonhouse International Research Preschool, and 3 Shopping Mall(s): CITY PLAZA, TANJONG KATONG COMPLEX, JOO CHIAT COMPLEX.

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.

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.
show more
What they say
Live Here? Tell us more
Write a review
3
"Nice place to stay in SG"
P*** N**
Google Review     |   02 Jan 2018
4
"Nice district"
S***** S***
Google Review     |   05 Mar 2017
4
"Quite a bargain to rent here"
A******* P****
Google Review     |   12 Feb 2017
Live Here? Tell us more
Write a review
Loading...
Floor Plans
10
2
1

MELROSE VILLE - 10 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
517 - 1270 sqft
No. of Units
16
Bedroom Type
2BR
Area
818 - 818 sqft
No. of Units
3
Bedroom Type
3BR
Area
872 - 1421 sqft
No. of Units
7
Bedroom Type
4BR
Area
2077 - 2088 sqft
No. of Units
2

Sales Transaction of MELROSE VILLE (Limited to 10)

Unit Search
#
There are 44 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

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 MELROSE VILLE
There are 100 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 (%)
500 to 600
1,850
1
763,333
3
2.9
800 to 900
2,650
1
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
Loading...

Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JUL 2019
Former Leshan Gardens
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
1,525
Site GFA (sqm)
4,269
Highest Bid ($M)
26.3
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
26.3
Construction ($M)
15.2
Land Financing ($M)
2.3
Profesional / Legal / Taxes ($M)
5
Marketing / Others ($M)
2.9
Estimated Total Cost ($M)
51.64
Estimated Breakeven ($psf ppr)
1,124
Sold On JAN 1970
Haig Lane
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
2,328
Site GFA (sqm)
3,259
Highest Bid ($M)
32.8
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
32.8
Construction ($M)
10.5
Land Financing ($M)
2.3
Profesional / Legal / Taxes ($M)
3.2
Marketing / Others ($M)
2.9
Estimated Total Cost ($M)
51.78
Estimated Breakeven ($psf ppr)
1,476
Sold On JAN 2022
Jalan Tembusu
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
19,560
Site GFA (sqm)
54,768
Highest Bid ($M)
768.0
Highest Bid ($PSF)
1302
Number of BIDS
8
Land ($M)
768
Construction ($M)
194.5
Land Financing ($M)
67.2
Profesional / Legal / Taxes ($M)
115.5
Marketing / Others ($M)
68.7
Estimated Total Cost ($M)
1,213.96
Estimated Breakeven ($psf ppr)
2,059
Sold On NOV 2021
Thiam Siew Avenue (En Bloc)
Site Use
Residential
Tenure
fh
Plot Ratio
2.8
Site Area (sqm)
24,507
Site GFA (sqm)
68,621
Highest Bid ($M)
1099.0
Highest Bid ($PSF)
1488
Number of BIDS
-
Land ($M)
1099
Construction ($M)
243.8
Land Financing ($M)
96.2
Profesional / Legal / Taxes ($M)
161.1
Marketing / Others ($M)
96
Estimated Total Cost ($M)
1,696.05
Estimated Breakeven ($psf ppr)
2,296
Sold On JUN 2022
Dunman Road
Site Use
Residential
Tenure
99
Plot Ratio
3.5
Site Area (sqm)
25,234
Site GFA (sqm)
88,320
Highest Bid ($M)
1283.9
Highest Bid ($PSF)
1350.48
Number of BIDS
2
Land ($M)
1283.9
Construction ($M)
313.7
Land Financing ($M)
112.3
Profesional / Legal / Taxes ($M)
191.7
Marketing / Others ($M)
114.1
Estimated Total Cost ($M)
2,015.77
Estimated Breakeven ($psf ppr)
2,120
Sold On APR 2022
173 - 183 Haig Road - Odd no. units (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
2,545
Site GFA (sqm)
3,562
Highest Bid ($M)
49.3
Highest Bid ($PSF)
1286
Number of BIDS
-
Land ($M)
49.3
Construction ($M)
12.7
Land Financing ($M)
4.3
Profesional / Legal / Taxes ($M)
7.4
Marketing / Others ($M)
4.4
Estimated Total Cost ($M)
78.12
Estimated Breakeven ($psf ppr)
2,037

Listings

View More

thumb-images
4
View to Offer
  • 35% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D15
  • 2011
  • Freehold
  • S$ 1,550 psf
  • 10 Rose Lane
Alice Cai
send_enquiry

View More
No Recent News

FAQs about MELROSE VILLE