One Akyab

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,287 psf
Range
S$ 1,262 - 1,312 psf

Rental Price **

Average
S$ 1.6 psf pm
Range
S$ 1.6 - 1.6 psf pm

Rental Yield **

1.5%

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

Amenities

4.1
4.1

Convenience

4.2
4.2

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
2 Facilities Available
24 hours security
24 hours security
Squash court
Squash court
Description
One Akyab is a freehold apartment completed in 1984. The development occupies a land area of 1,676 sqm and a Gross Floor Area of 4,693 sqm. It consists of 19 units. According to records, buyers of this development are Singaporean 82.6%, PR 8.7%, Foreigner 8.7%, Company 0.0%.

ONE AKYAB is located along Akyab Road in Novena, in District 11. It is accessible through the nearest MRTs including Novena NS20 and Toa Payoh NS19. The nearest schools are TEC INTERNATIONAL COLLEGE and BALESTIER HILL SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,262 psf to S$ 1,312 psf at an average of S$ 1,287 psf. Its highest recorded transaction was S$ 1,312 psf in Mar 2022 for a 1,830-sqft unit. Its lowest recorded transaction was S$ 902 psf in Mar 2017 for a 1,830-sqft unit. Its current rental yield is at 1.5%.

Other nearby amenities include: 3 Childcare Centre(s): RAINFOREST SCHOOLHOUSE PTE LTD, LEARNING VISION @ WORK PTE. LTD., MINDCHAMPS PRESCHOOL @ ZHONGSHAN PARK PTE. LTD., and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, L M MEAT PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): GUG The Kindergarten, NAFA Arts Kindergarten (Derbyshire), MFC Kindergarten (Newton), and 3 Shopping Mall(s): SQUARE 2, BALESTIER PLAZA, VELOCITY @ NOVENA SQUARE.

Buyers and tenants are attracted to District 11, which is comprised of Thomson, Watten Estate, Novena and Newton. This area is famous for a number of renowned schools, religious houses and elite residential estates. With forests and reservoirs scattered around the Thomson area, property prices here are significantly higher compared to other parts of Singapore. The Watten district next to Bukit Timah is one of the most prestigious locations for residential estates in Singapore, sharing forest and golf course greenery as well as being close to Singapore’s Central Business District. Novena is home to the Inland Revenue Authority Building and Singapore’s largest medical centre, Tan Tock Seng Hospital. Although Newton’s pace of life is relatively slow compared to neighbouring Tanglin and Orchard, its residential properties remain expensive, as it’s strategically located between Orchard Road and Bukit Timah.

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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4
"Residential apartment situated at novena and near several food options"
D**** T
Google Review     |   17 Jan 2020
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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.
No Data
Unit Mix
Bedroom Type
3BR
Area
1830 - 1830 sqft
No. of Units
4
Bedroom Type
4BR
Area
2368 - 2368 sqft
No. of Units
4
Bedroom Type
N.A
Area
N.A - N.A sqft
No. of Units
11

Sales Transaction of ONE AKYAB (Limited to 10)

Unit Search
#
There are 1 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
  • 1
  • 2
  • 10 / page

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 ONE AKYAB
There are 18 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 (%)
>3000
4,300
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
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On FEB 2021
Surrey Road
Site Use
Residential
Tenure
fh
Plot Ratio
3
Site Area (sqm)
1,113
Site GFA (sqm)
3,334
Highest Bid ($M)
47.8
Highest Bid ($PSF)
1332
Number of BIDS
-
Land ($M)
47.8
Construction ($M)
11.8
Land Financing ($M)
4.2
Profesional / Legal / Taxes ($M)
7.2
Marketing / Others ($M)
4.3
Estimated Total Cost ($M)
75.24
Estimated Breakeven ($psf ppr)
2,097

Listings

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FAQs about ONE AKYAB

What is the nearest MRT Station to ONE AKYAB ?
The nearest MRT Station from ONE AKYAB is Novena NS20 MRT

Similiar properties

No Data