Richmond Park

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 5 Photos

Sale Price *

Average
S$ 3,057 psf
Range
S$ 2,835 - 3,278 psf

Rental Price **

Average
S$ 4.2 psf pm
Range
S$ 3.4 - 6.2 psf pm

Rental Yield **

1.7%

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

Amenities

4.4
4.4

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
10 Facilities Available
Barbeque Area
Barbeque Area
Covered car park
Covered car park
Clubhouse
Clubhouse
Gymnasium room
Gymnasium room
Playground
Playground
Putting Green
Putting Green
24 hours security
24 hours security
Squash court
Squash court
Swimming pool
Swimming pool
Tennis courts
Tennis courts
Description
Richmond Park is a freehold condominium completed in 1996. The development occupies a land area of 8,397 sqm and a Gross Floor Area of 23,510 sqm. It consists of 159 units. According to records, buyers of this development are Singaporean 25.1%, PR 11.6%, Foreigner 48.4%, Company 11.2%.

RICHMOND PARK is located along Bideford Road in Newton, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Somerset NS23. The nearest schools are CHATSWORTH INTERNATIONAL SCHOOL and M2 ACADEMY.

Based on transaction data in the last 12 months, sale prices range from S$ 2,835 psf to S$ 3,278 psf at an average of S$ 3,057 psf. Its highest recorded transaction was S$ 3,278 psf in Jul 2022 for a 1,733-sqft unit. Its lowest recorded transaction was S$ 927 psf in Dec 2004 for a 1,012-sqft unit. Its current rental yield is at 1.7%.

Other nearby amenities include: 3 Childcare Centre(s): MINDCHAMPS PRESCHOOL @ PARAGON PTE. LIMITED, THE KIDDIWINKIE PLACE (ENV) PTE. LTD., MULBERRY LEARNING CENTRE @CAIRNHILL PTE LTD, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 2 Kindergarten(s): Little Hands Montessori Kindergarten, Little Raindrops Montessori Pre-School, and 3 Shopping Mall(s): PARAGON, KNIGHTSBRIDGE, THE HEEREN.

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
5
"Great amenities!! And location is awesome !! Staff is great and very friendly !!"
A**** S***
Google Review     |   22 May 2022
5
"Prime strategic property location"
T***** W
Google Review     |   26 Feb 2022
1
"Unfriendly and rude security guard. It made me decided not to rent a unit there"
H** X***
Google Review     |   12 Dec 2021
1
"Limited parking space. Lousy security service. Not enough places to go around."
T***** T*******
Google Review     |   13 Jun 2021
5
"Lovely place. Cant beat the location. Management and security team are amazing. Great facilities."
S***** P****
Google Review     |   21 Jan 2020
Live Here? Tell us more
Write a review
Loading...
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
1BR
Area
1012 - 1012 sqft
No. of Units
17
Bedroom Type
2BR
Area
1259 - 1367 sqft
No. of Units
57
Bedroom Type
3BR
Area
1550 - 1733 sqft
No. of Units
33
Bedroom Type
N.A
Area
N.A - N.A sqft
No. of Units
52

Sales Transaction of RICHMOND PARK (Limited to 10)

Unit Search
#
There are 206 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 RICHMOND PARK
There are 501 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 (%)
1000 to 1100
4,857
7
-
-
-
1200 to 1300
5,214
7
-
-
-
1500 to 1600
6,400
4
-
-
-
1700 to 1800
7,900
2
5,680,000
1
1.7
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
Loading...

Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2019
Kampong Java Road
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
11,643
Site GFA (sqm)
32,602
Highest Bid ($M)
418.8
Highest Bid ($PSF)
1192
Number of BIDS
7
Land ($M)
418.8
Construction ($M)
105.3
Land Financing ($M)
36.6
Profesional / Legal / Taxes ($M)
62.9
Marketing / Others ($M)
37.4
Estimated Total Cost ($M)
661.03
Estimated Breakeven ($psf ppr)
1,884
Sold On DEC 2021
Former High Point (ABORTED Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
4.8
Site Area (sqm)
4,423
Site GFA (sqm)
21,072
Highest Bid ($M)
556.7
Highest Bid ($PSF)
2626
Number of BIDS
-
Land ($M)
556.7
Construction ($M)
74.8
Land Financing ($M)
48.7
Profesional / Legal / Taxes ($M)
75.8
Marketing / Others ($M)
45.4
Estimated Total Cost ($M)
801.39
Estimated Breakeven ($psf ppr)
3,533

Listings

View More

thumb-images
11
$6,200,000
  • 32% Rental Volume

  • 3 beds
  • 2 baths
  • D9
  • 1996
  • Freehold
  • S$ 3,580 psf
  • 3 Bideford Road
Tedric Poh
send_enquiry

View More
Property News

Resale unit at Caribbean At Keppel Bay reaps $2.4 mil profit

Property News

Peter Tay: Beneath the high-gloss veneer

Property News

First transaction at St Regis Residences this year results in $2 mil loss

Property News

Richmond Park prices return to pre-2013 levels of above $2,600 psf

Property News

City Square Residences unit sold for $1.18 mil profit

FAQs about RICHMOND PARK