Mirage Tower

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 1 Photos

Sale Price *

Average
S$ 2,118 psf
Range
S$ 2,005 - 2,209 psf

Rental Price **

Average
S$ 3.9 psf pm
Range
S$ 2.6 - 6.7 psf pm

Rental Yield **

2.2%

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

Amenities

4.0
4.0

Convenience

4.5
4.5

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
7 Facilities Available
Barbeque Area
Barbeque Area
Covered car park
Covered car park
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
24 hours security
24 hours security
Swimming pool
Swimming pool
Wading pool
Wading pool
Description
Mirage Tower is a freehold condominium completed in 1996. The development occupies a land area of 6,295 sqm and a Gross Floor Area of 23,719 sqm. It consists of 248 units. According to records, buyers of this development are Singaporean 60.2%, PR 11.6%, Foreigner 23.7%, Company 2.5%.

MIRAGE TOWER is located along Kim Seng Road in Singapore River, in District 9. It is accessible through the nearest MRTs including Great World TE15 and Havelock TE16. The nearest schools are RIVER VALLEY PRIMARY SCHOOL and ERC INSTITUTE.

Based on transaction data in the last 12 months, sale prices range from S$ 2,005 psf to S$ 2,209 psf at an average of S$ 2,118 psf. Its highest recorded transaction was S$ 2,235 psf in Jul 2021 for a 570-sqft unit. Its lowest recorded transaction was S$ 618 psf in Apr 2005 for a 1,496-sqft unit. Its current rental yield is at 2.2%.

Other nearby amenities include: 3 Childcare Centre(s): PRODIGY LA PETITE ACADEMY PTE. LTD., BRIGHTON MONTESSORI CENTRES PTE. LTD., SUPERLAND MONTESSORI PRE-SCHOOL, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ KRETA AYER-KIM SENG Blk 79 (KN), Chinese Kindergarten, Kay Poh Road Baptist Kindergarten, and 3 Shopping Mall(s): WATERFRONT PLAZA, GREAT WORLD CITY, CONCORDE SHOPPING CENTRE.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

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
There’s no review yet
Live Here? Tell us more
Write a review
Loading...
Floor Plans
80
1
6

MIRAGE TOWER - 80 - 1 - 6

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
570 - 570 sqft
No. of Units
60
Bedroom Type
2BR
Area
958 - 1367 sqft
No. of Units
30
Bedroom Type
3BR
Area
1227 - 1744 sqft
No. of Units
152
Bedroom Type
4BR
Area
1948 - 2605 sqft
No. of Units
6

Sales Transaction of MIRAGE TOWER (Limited to 10)

Unit Search
#
There are 393 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
No Data

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 MIRAGE TOWER
There are 922 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
No data

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
2,860
15
1,220,000
2
2.8
900 to 1000
3,370
5
-
-
-
1200 to 1300
4,443
7
-
-
-
1300 to 1400
4,350
2
-
-
-
1400 to 1500
4,367
3
-
-
-
1700 to 1800
4,900
2
-
-
-
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
No Data
Loading...

Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2020
Irwell Bank Road
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
12,787
Site GFA (sqm)
35,803
Highest Bid ($M)
583.9
Highest Bid ($PSF)
1514.6
Number of BIDS
7
Land ($M)
583.9
Construction ($M)
127.2
Land Financing ($M)
51.1
Profesional / Legal / Taxes ($M)
85.3
Marketing / Others ($M)
50.8
Estimated Total Cost ($M)
898.33
Estimated Breakeven ($psf ppr)
2,331
Sold On FEB 2021
10A/B & 11 Institution Hills
Site Use
Residential
Tenure
999
Plot Ratio
2.8
Site Area (sqm)
1,329
Site GFA (sqm)
3,720
Highest Bid ($M)
56.6
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
56.6
Construction ($M)
13.2
Land Financing ($M)
5
Profesional / Legal / Taxes ($M)
8.4
Marketing / Others ($M)
5
Estimated Total Cost ($M)
88.13
Estimated Breakeven ($psf ppr)
2,201

Listings

View More

thumb-images
11
$1,450,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • D9
  • 1996
  • Freehold
  • S$ 2,540 psf
  • 80 Kim Seng Road
Can Cheong
send_enquiry
thumb-images
11
$1,400,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • D9
  • 1996
  • Freehold
  • S$ 2,460 psf
  • 80 Kim Seng Road
TEH CHIN KEONG
send_enquiry

View More
Property News

Seller of Draycott Eight loft incurs $1.12 mil loss

FAQs about MIRAGE TOWER

What is the nearest MRT Station to MIRAGE TOWER ?
The nearest MRT Station from MIRAGE TOWER are Great World TE15 MRT, Havelock TE16 MRT