Ricchezza

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 1,392 psf
Range
S$ 1,392 - 1,392 psf

Rental Price **

Average
S$ 4.1 psf pm
Range
S$ 4.0 - 4.2 psf pm

Rental Yield **

3.6%

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

Amenities

2.9
2.9

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
4 Facilities Available
Basement car park
Basement car park
Gymnasium room
Gymnasium room
24 hours security
24 hours security
Swimming pool
Swimming pool
Description
Ricchezza is a freehold apartment completed in 2010. It is developed by BRAVO BUILDING CONSTRUCTION PTE LTD. The development occupies a land area of 874 sqm and a Gross Floor Area of 1,224 sqm. It consists of 16 units. According to records, buyers of this development are Singaporean 80.0%, PR 13.3%, Foreigner 6.7%, Company 0.0%.

RICCHEZZA is located along Lorong M Telok Kurau in Bedok, in District 15. It is accessible through the nearest MRTs including Marine Terrace TE27 and Kembangan EW6. The nearest schools are ST. PATRICK'S SCHOOL and CHIJ KATONG CONVENT.

Based on transaction data in the last 12 months, sale prices range from S$ 1,392 psf to S$ 1,392 psf at an average of S$ 1,392 psf. Its highest recorded transaction was S$ 1,392 psf in May 2022 for a 1,033-sqft unit. Its lowest recorded transaction was S$ 580 psf in Jan 2009 for a 1,625-sqft unit. Its current rental yield is at 3.6%.

Other nearby amenities include: 3 Childcare Centre(s): LITTLE FAIRYLAND CHILD CARE & DEVELOPMENT CENTRE, LITTLE FELLOW CHILDCARE, SUNFLOWER PRESCHOOL @ FRANKEL PTE LTD, and 3 Grocerie(s): THE ALASKA GUYS PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): NAFA Arts Kindergarten, Kits4Kids Kindergarten, Two By Two Schoolhouse.

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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Floor Plans
94
2
1

RICCHEZZA - 94 - 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
592 - 603 sqft
No. of Units
6
Bedroom Type
2BR
Area
883 - 1464 sqft
No. of Units
6
Bedroom Type
3BR
Area
1033 - 1625 sqft
No. of Units
4

Sales Transaction of RICCHEZZA (Limited to 10)

Unit Search
#
There are 20 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 RICCHEZZA
There are 22 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
2,300
1
-
-
-
800 to 900
3,600
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
No Data
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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

Listings

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thumb-images
11
$1,688,000

    • 2 beds
    • 2 baths
    • D15
    • 2010
    • Freehold
    • S$ 1,350 psf
    • 94 Telok Kurau Lorong M
    Eason Sim
    send_enquiry

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    FAQs about RICCHEZZA