Poshgrove East

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 1,473 psf
Range
S$ 1,096 - 1,850 psf

Rental Price **

Average
S$ 3.4 psf pm
Range
S$ 2.7 - 4.9 psf pm

Rental Yield **

2.7%

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

Amenities

3.4
3.4

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
5 Facilities Available
Barbeque Area
Barbeque Area
Clubhouse
Clubhouse
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Lap pool
Lap pool
Description
Poshgrove East is a freehold condominium completed in 2008. It is developed by POSHGROVE PTE LTD and designed by ARCHITECTS 61 PTE LTD. The development occupies a land area of 6,401 sqm and a Gross Floor Area of 8,961 sqm. It consists of 76 units. According to records, buyers of this development are Singaporean 89.2%, PR 8.3%, Foreigner 2.5%, Company 0.0%.

POSHGROVE EAST is located along East Coast Road in Bedok, in District 15. It is accessible through the nearest MRTs including Marine Terrace TE27 and Marine Parade TE26. The nearest schools are CHIJ (KATONG) PRIMARY and CHIJ KATONG CONVENT.

Based on transaction data in the last 12 months, sale prices range from S$ 1,096 psf to S$ 1,850 psf at an average of S$ 1,473 psf. Its highest recorded transaction was S$ 1,850 psf in Jun 2022 for a 1,238-sqft unit. Its lowest recorded transaction was S$ 396 psf in Oct 2005 for a 1,130-sqft unit. Its current rental yield is at 2.7%.

Other nearby amenities include: 3 Childcare Centre(s): LITTLE FELLOW CHILDCARE, PAT'S SCHOOLHOUSE PTE. LTD., SEEDS LEARNING PLACE @ TIDES PTE LTD, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, THE ALASKA GUYS PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Dynamic World Montessori Preschool, Raffles Montessori Kindergarten (Still Road), Two By Two Schoolhouse, and 3 Shopping Mall(s): TEMBELING CENTRE, I12 Katong, ROXY SQUARE.

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.

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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Write a review
1
"Beware potential future tenants and buyers. MCST of this condo is ridiculously rigid. Weird rules like not allowing deliveries to units all parcels (no matter how big for example a cabinet from Ikea, or perishable like fresh food) have to be placed on the table at the drop off point and residents have to lug all these items home themselves. Not allowing swimming lessons to be conducted on Sundays, even requiring a cheque deposit to be placed before allowing any swim coach in. Not allowing kids parties inflatable balloons on the ground. Amongst other weird rules. Only stay here if you wish to be subjected to unreasonable un-condo like living conditions."
E**
Google Review     |   19 May 2022
1
"Security guard is an old chinese uncle who is rude and also a little dim witted. He is angrily demanding all visitors who are driving, to register on his Grabfood list, despite repeated assurance that I am a visitor, and my car does not have a Grab decal."
J**** P**
Google Review     |   13 Mar 2022
1
"I currently rent a 4bedroom property at Poshgrove. I have stayed at other condos around Singapore and have to admit this experience is at the bottom. The condo grounds itself could be better maintained. There are many loose paving stones which are hazardous for kids on scooters, some trees have very low branches, the shrubbery always looks in need of some trimming. The management are unhelpful, we have tried calling them about various issues but their response is always unhelpful. There is still some waterleak damage 4 months on which they are yet to fully resolve or followup on. Another issue i have is mgmt have some obscure policy whereby all parcels (even grocery) have to be collected from a table at the dropoff area. This policy was put in place during the covid restrictions in 2020 but mgmt still uses that excuse to carry it on despite objections from many residents. Currently there is also a policy whereby only 1 person can use the condo gym at anytime despite that not being any official guideline. The good points: the residents are super friendly, the penthouse apartments have a nice big balcony."
I******* O****
Google Review     |   08 Dec 2021
5
"Lovely boutique development, spacious, you can enjoy privacy and quietness while being a stone's throw away from the buzzing east coast road."
A** W***
Google Review     |   07 Jun 2021
5
"Quiet & well maintained, 76 units makes it ideal if you like privacy. Near to good food!!!"
E**** Y**
Google Review     |   26 Jul 2019
3.2
"A quiet project tucked along East Coast Road. Maintenance fees on high side, considering the scale of facilities. Parking may be a problem. "
M** L**
Viewer     |   07 Jan 2018
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Floor Plans
329
1
1

POSHGROVE EAST - 329 - 1 - 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
592 - 1130 sqft
No. of Units
8
Bedroom Type
2BR
Area
990 - 1733 sqft
No. of Units
9
Bedroom Type
3BR
Area
1227 - 1485 sqft
No. of Units
48
Bedroom Type
4BR
Area
2174 - 2282 sqft
No. of Units
11

Sales Transaction of POSHGROVE EAST (Limited to 10)

Unit Search
#
There are 110 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 POSHGROVE EAST
There are 127 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
2,700
1
-
-
-
1200 to 1300
4,219
5
2,290,000
1
2.2
2200 to 2300
6,150
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 MAY 2021
Ji Liang Gardens
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,327
Site GFA (sqm)
1,859
Highest Bid ($M)
18.6
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
18.6
Construction ($M)
6.6
Land Financing ($M)
1.6
Profesional / Legal / Taxes ($M)
3
Marketing / Others ($M)
1.8
Estimated Total Cost ($M)
31.64
Estimated Breakeven ($psf ppr)
1,582
Sold On JUN 2022
East Court (Private Treaty)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,240
Site GFA (sqm)
1,736
Highest Bid ($M)
19.9
Highest Bid ($PSF)
1063
Number of BIDS
-
Land ($M)
19.9
Construction ($M)
6.2
Land Financing ($M)
1.7
Profesional / Legal / Taxes ($M)
3.1
Marketing / Others ($M)
1.9
Estimated Total Cost ($M)
32.76
Estimated Breakeven ($psf ppr)
1,753

Listings

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Property News

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FAQs about POSHGROVE EAST