Ridgewood

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 2 Photos

Sale Price *

Average
S$ 1,440 psf
Range
S$ 1,339 - 1,547 psf

Rental Price **

Average
S$ 2.4 psf pm
Range
S$ 1.5 - 3.1 psf pm

Rental Yield **

2.0%

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

Amenities

3.0
3.0

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on transactions in the last 12 month.

**Based on rental data in the last 12 months. May not be representative.

Facilities
11 Facilities Available
Barbeque Area
Barbeque Area
Covered car park
Covered car park
Fitness corner
Fitness corner
Gymnasium room
Gymnasium room
Mini-Mart
Mini-Mart
Playground
Playground
Sauna
Sauna
24 hours security
24 hours security
Squash court
Squash court
Swimming pool
Swimming pool
Tennis courts
Tennis courts
Description
Ridgewood is occupying a land size of 62,441 sqm and a gross floor area of 131,126 sqm, it is a leasehold (999 yrs from 1885) condominium property located at D10 / Bukit Timah.

This development is built in 1981 and has 425 condos and 38 landed units.

Based on past property transactions, it is currently sold at a price range of S$ 1,339 - S$ 1,547 for an average of S$ 1,440 psf. Its highest recorded transaction was S$ 1,547 psf in Jul 2021 for a 2,250-sqft unit and its lowest recorded transaction was S$ 237 psf in Mar 2005 for a 3,800-sqft unit. Based on records, buyers of this development are Singaporean 85.1%, PR 10.8%, Foreigner 2.7%, Company 0.7%. Its current rental yield is at 2.0%.

The following are amenities within 500m of Ridgewood: 3 Childcare Centre(s), PAT'S SCHOOLHOUSE PTE LTD, KINDERLAND PRESCHOOL, KINDERLAND CHILD CARE CENTRE.
What they say
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5
"Serene, Windy and good feel of the area"
S*
owner     |   12 Aug 2021
5
"Serene, Windy and good feel of the area"
S*
owner     |   12 Aug 2021
2.2
"Rented an unit (blk3, #04-02). The unit has 24/7 environmental noise issue. The noise was strongly evident in the master bedroom (55db to 60db). The noise (thumping and humming) effect and transmitted vibrations were especially heard and felt at night, when the windows were shut and curtains drawn. NEA has assisted with some investigations and their readings were 45db to 50db. According to the landlord, as the noise nuisance being an environmental noise, it was beyond his control and early termination of tenancy agreement could not be provisioned even though the environmental noise was not stated in the tenancy agreement and was not mentioned by his agent. I advise anyone who would like to view the unit to bring along a sound level meter as kindly advised by the landlord since everybody has different noise tolerance level. As for me and as recommended by the World Health Organisation, 30db to 40db is healthy. "
A****
tenant     |   07 Nov 2016
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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
2BR
Area
1206 - 2217 sqft
No. of Units
46
Bedroom Type
3BR
Area
1346 - 3552 sqft
No. of Units
62
Bedroom Type
4BR
Area
1744 - 3800 sqft
No. of Units
66
Bedroom Type
N.A
Area
N.A - N.A sqft
No. of Units
289

Sales Transaction of RIDGEWOOD (Limited to 10)

Unit Search
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There are 395 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 RIDGEWOOD
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 (%)
1000 to 1100
2,875
2
-
-
-
1200 to 1300
3,000
3
-
-
-
1300 to 1400
3,400
7
-
-
-
1600 to 1700
3,912
17
-
-
-
1700 to 1800
4,072
9
-
-
-
1800 to 1900
4,586
7
-
-
-
2000 to 2100
4,940
5
-
-
-
2200 to 2300
5,100
1
-
-
-
>3000
5,800
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 JUN 2022
Pine Grove (Parcel A)
Site Use
Residential
Tenure
99
Plot Ratio
2.1
Site Area (sqm)
22,535
Site GFA (sqm)
47,323
Highest Bid ($M)
-
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
-
Construction ($M)
0
Land Financing ($M)
0
Profesional / Legal / Taxes ($M)
0
Marketing / Others ($M)
0
Estimated Total Cost ($M)
-
Estimated Breakeven ($psf ppr)
-

Listings

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thumb-images
16
$3,000,000
  • 30% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D10
  • 1981
  • S$ 1,720 psf
  • 1,740 sqft
  • Ridgewood Close
Derek Kong
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Property News

Penthouse unit at Nassim Jade sold for $6.05 mil profit

Property News

Four-bedroom unit at Ridgewood sold for $1.69 mil profit

FAQs about RIDGEWOOD