Nv Residences

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
  3
 0
 0

Sale Price *

Average
S$ 1,248 psf
Range
S$ 1,156 - 1,360 psf

Rental Price **

Average
S$ 4.2 psf pm
Range
S$ 3.0 - 6.9 psf pm

Rental Yield **

4.1%

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

Amenities

2.7
2.7

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
0 Facilities Available
Description
Nv Residences is a leasehold (99 yrs from 2008) condominium completed in 2013. It is developed by HONG REALTY PTE LTD and designed by ARCHITECTS 61 PTE LTD. The development occupies a land area of 26,961 sqm and a Gross Floor Area of 419,488 sqm. It consists of 642 units. According to records, buyers of this development are Singaporean 69.9%, PR 21.7%, Foreigner 8.5%, Company 0.0%.

NV RESIDENCES is located along Pasir Ris Grove in Pasir Ris, in District 18. It is accessible through the nearest MRTs including Pasir Ris EW1 and Pasir Ris CR5.

Based on transaction data in the last 12 months, sale prices range from S$ 1,156 psf to S$ 1,360 psf at an average of S$ 1,248 psf. Its highest recorded transaction was S$ 1,454 psf in May 2023 for a 495-sqft unit. Its lowest recorded transaction was S$ 728 psf in Oct 2010 for a 1,249-sqft unit. Its current rental yield is at 4.1%. Other nearby amenities include: 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 2 Shopping Mall(s): WHITE SANDS, ELIAS MALL.

Buyers and tenants are attracted to District 18, which is comprised of Simei, Tampines and Pasir Ris. Simei is home to country clubs such as Tanah Merah Country Club and Laguna National Golf & Country Club. Nearby, the Singapore Expo complex annually holds international concerts, exhibitions and conventions. Tampines is Singapore's third largest new town by area, spanning over 289ha of land. Originally covered by forests and swamps, Tampines has evolved into a modern township with three shopping malls: Tampines 1, Century Square and Tampines mall, located in the heart of the regional centre. In 2006, IKEA opened its second outlet in Singapore at Tampines Retail Park, adjacent to two other mega retail warehouse stores by Courts and Giant. From its early days as a kampung, Pasir Ris has evolved to become a lively housing estate surrounded by the beach and sea. Another natural landmark in the neighbourhood is Pasir Ris Park, which houses a 6ha mangrove forest. Pasir Ris is also popular for its chalets and resorts in Downtown East.

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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What they say
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3
"Nice landscape"
S***** C***
Google Review     |   24 Mar 2022
4
"Good size condo apartment, unlike those development built at a later time. This condo is quiet and cozy as it is not facing highway or main road. Love the pools & facilities, except safety of the playground. There should be shuttle service provided for residents. Pick up point in front of guardhouse need revamp."
É*****
Google Review     |   23 Jan 2022
3
"It's not ageing well, but hopefully the planned painting will make it look much better."
M**** U******
Google Review     |   07 Nov 2021
5
"Nice place"
V****** U****
Google Review     |   15 Aug 2021
5
"Nice condominium with good facilities. Playground is spacious for kids."
S********** A****
Google Review     |   25 May 2021
Live Here? Tell us more
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
83
1
1

NV RESIDENCES - 83 - 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 NV RESIDENCES

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

Asking Price of NV RESIDENCES

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

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 NV RESIDENCES

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

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

View More

thumb-images
10
$800,000

    • 1 bed
    • 1 bath
    • Condominium
    • D18
    • 2013
    • 99 years
    • S$ 1,580 psf
    • Pasir Ris Grove
    Sophia Chai
    send_enquiry
    thumb-images
    10
    $750,000

      • 1 bed
      • 1 bath
      • Condominium
      • D18
      • 2013
      • 99 years
      • S$ 1,480 psf
      • Pasir Ris Grove
      Wendy Lim
      send_enquiry
      thumb-images
      9
      $1,100,000

        • 2 beds
        • 2 baths
        • Condominium
        • D18
        • 2013
        • 99 years
        • S$ 1,480 psf
        • Pasir Ris Grove
        David Ho
        send_enquiry
        thumb-images
        10
        $1,180,000

          • 2 beds
          • 2 baths
          • Condominium
          • D18
          • 2013
          • 99 years
          • S$ 1,310 psf
          • Pasir Ris Grove
          Vernis Goh
          send_enquiry
          thumb-images
          9
          $1,050,000

            • 2 beds
            • 2 baths
            • Condominium
            • D18
            • 2013
            • 99 years
            • S$ 1,410 psf
            • Pasir Ris Grove
            David Ho
            send_enquiry
            thumb-images
            10
            $1,250,000

              • 2 beds
              • 2 baths
              • 1.6 Below Valuation
              • Condominium
              • D18
              • 2013
              • 99 years
              • S$ 1,190 psf
              • Pasir Ris Grove
              Zan Sim
              send_enquiry
              thumb-images
              10
              $1,420,000

                • 3 beds
                • 3 baths
                • Condominium
                • D18
                • 2013
                • 99 years
                • S$ 1,280 psf
                • Pasir Ris Grove
                Andrew Nair
                send_enquiry

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