Ridgewood

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  2
 0
 5

Sale Price *

Average
S$ 1,724 psf
Range
S$ 1,469 - 1,920 psf

Rental Price **

Average
S$ 3.3 psf pm
Range
S$ 2.3 - 4.5 psf pm

Rental Yield **

2.3%

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

Amenities

2.8
2.8

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
0 Facilities Available
Description
Ridgewood is a leasehold (999 yrs from 1885, 999 yrs from 1985) condominium completed in 1981. The development occupies a land area of 62,441 sqm and a Gross Floor Area of 131,126 sqm. It consists of 463 units. According to records, buyers of this development are Singaporean 85.7%, PR 10.3%, Foreigner 2.6%, Company 0.7%.

RIDGEWOOD is located along Ridgewood Close in Bukit Timah, in District 10. It is accessible through the nearest MRTs including Dover EW22 and Clementi EW23.

Based on transaction data in the last 12 months, sale prices range from S$ 1,469 psf to S$ 1,920 psf at an average of S$ 1,724 psf. Its highest recorded transaction was S$ 1,921 psf in Aug 2023 for a 1,744-sqft unit. Its lowest recorded transaction was S$ 237 psf in Mar 2005 for a 3,800-sqft unit. Its current rental yield is at 2.3%. Other nearby amenities include: 3 Grocerie(s): YEO KENG GUAN, LAURELS FOODS SUPPLIERS PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: Jelita Shopping Centre.

Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.

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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5
"Good Balinese resort feel Quite well maintained and peaceful feel when one walks in Feel good place to come home to after long day Lord of space n breezy "
Y** J***** J*****
Others     |   24 Feb 2023
  5
5
"Serene, Windy and good feel of the area"
s*********u@gmail.com
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********c@gmail.com
Tenant     |   07 Nov 2016
5
"A very comfortable place to live. Enough parking for everyone, there are games playgrounds, courts, badminton court and much more. The audience lives very decent. I recommend."
Ð*********** Ð******
Google Review     |   20 Jun 2022
5
"I went there in the evening, I thought it was beautiful, and it should be great to live here..."
H**** C**** Q***
Google Review     |   05 Dec 2021
2
"just normal condo only"
S** K**
Google Review     |   06 May 2021
4
"Good-class condo"
K****** S****
Google Review     |   21 Jan 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of RIDGEWOOD

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Date
Area (sqft)
Bedrooms
Price (S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of RIDGEWOOD

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

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

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 (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
9
$3,900,000

    • 4 beds
    • 3 baths
    • Condominium
    • D10
    • 1981
    • S$ 1,950 psf
    • Ridgewood Close
    Max Poh
    send_enquiry
    thumb-images
    8
    $3,399,999

      • 3 beds
      • 2 baths
      • Condominium
      • D10
      • 1981
      • S$ 1,950 psf
      • Ridgewood Close
      Chris Mulia Lim
      send_enquiry
      thumb-images
      8
      $3,888,000

        • 4 beds
        • 3 baths
        • Condominium
        • D10
        • 1981
        • S$ 1,940 psf
        • Ridgewood Close
        Aaron Leong
        send_enquiry
        thumb-images
        8
        $5,300,000

          • 3 beds
          • 4 baths
          • Condominium
          • D10
          • 1981
          • S$ 1,860 psf
          • Ridgewood Close
          Rachel Lim
          send_enquiry
          thumb-images
          15
          $3,900,000

            • 4 beds
            • 3 baths
            • Condominium
            • D10
            • 999 years
            • S$ 1,950 psf
            • Ridgewood Close
            Max Poh
            send_enquiry
            thumb-images
            9
            $3,388,888

              • 4 beds
              • 3 baths
              • Condominium
              • D10
              • 1981
              • S$ 1,940 psf
              • Ridgewood Close
              Florence Toh
              send_enquiry

              View More
              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

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