Southbank

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  5
 1
 0

Sale Price *

Average
S$ 1,861 psf
Range
S$ 1,806 - 1,903 psf

Rental Price **

Average
S$ 5.8 psf pm
Range
S$ 5.0 - 7.6 psf pm

Rental Yield **

3.8%

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

Amenities

3.3
3.3

Convenience

4.2
4.2

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
Southbank is a leasehold (99 yrs from 2006) apartment completed in 2010. It is developed by KINGS & QUEENS DEVELOPMENT PTE LTD. The development occupies a land area of 3,850 sqm and a Gross Floor Area of 18,100 sqm. It consists of 197 units. According to records, buyers of this development are Singaporean 80.8%, PR 10.5%, Foreigner 7.2%, Company 1.2%.

SOUTHBANK is located along North Bridge Road in Kallang, in District 7. It is accessible through the nearest MRTs including Lavender EW11 and Nicoll Highway CC5.

Based on transaction data in the last 12 months, sale prices range from S$ 1,806 psf to S$ 1,903 psf at an average of S$ 1,861 psf. Its highest recorded transaction was S$ 1,940 psf in Feb 2013 for a 614-sqft unit. Its lowest recorded transaction was S$ 520 psf in Jul 2006 for a 969-sqft unit. Its current rental yield is at 3.8%. Other nearby amenities include: 3 Grocerie(s): MAHOTA FOOD PTE. LTD., LOH NYEN YIU, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): Kitchener Complex, Textile Centre, City Gate.

Buyers and tenants are attracted to District 7, which consists of Beach Road, Bugis, the Golden Mile, Middle Road and Rochor areas. Most of the properties in this district are commercial properties with a small selection of residential properties. Home buyers looking for Bugis properties can choose from a small selection of HDB flats off Middle Road, at Bras Basah Complex and at Rochor Centre. The private residential properties at Bugis are similarly scarce, with projects such as Duo Residences and Midtown Modern witnessing strong demand. Shopping and dining options abound in District 7, with many malls in the area including Bugis Junction and Bugis+. Many hotels such as the Intercontinental Singapore, Carlton Hotel and Raffles Hotel are located within the district or in close proximity to cater to tourists visiting the region.

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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Write a review
3.4
"Nice condo near Lavendar, but construction going on nearby"
k************l@hotmail.com
Tenant     |   05 Dec 2016
5
"Nice place, good views and easy reach to public transport and food shops and restaurants"
S******* M****
Google Review     |   10 Mar 2022
4
"Cool view"
J**** Y
Google Review     |   22 Feb 2022
1
"Very bad attitude main security guard. Give wrong lift lobby direction but refused to admit and want to quarrel. I m a delivery driver. I informed the main guard and a part time guard at least 6 times and showed him the delivery address on my app that I need to go to unit #-12 (one two) and block 881. He kept insisting its the wrong block stated in my app. And informed me to go to the other furthest lift and another block. So I went but couldn't enter the unit number on the intercom and came back to the guard post again. I even called the customer to clarify. The guard denied his mistake and wanted to show aggressiveness. He said that I mentioned unit zero two (02), not unit One Two (12). How can the words "zero" and "one" sound the same!! Time is precious to all customers n he just wasted 15mins of mine n customer's perishable items. So unprofessional as a security guard to the residence. If don't like that resident, don't bring issues onto delivery people. 1st Dec around 745pm."
S******* W***
Google Review     |   05 Feb 2022
4
"Great views of the kallang river, Costa rhu, flyer and marina bay sands. Quiet, straightforward, surrounded by yummy food"
M**** P**
Google Review     |   28 Jun 2021
5
"The location is perfect!! Right next to MRT station, some good shops available at the ground floor. Great modern design condo."
J****** S********
Google Review     |   20 Mar 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
881
11
7

SOUTHBANK - 881 - 11 - 7

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 SOUTHBANK

Unit Search
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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 SOUTHBANK

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 SOUTHBANK

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
-

Listings

View More

thumb-images
20
$1,198,000
  • 31% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 1,950 psf
  • North Bridge Road
Jennifer Tan
send_enquiry
thumb-images
10
$2,820,000
  • 31% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 2,150 psf
  • North Bridge Road
Elson Tan
send_enquiry
thumb-images
2
$8,800,000
  • 31% Rental Volume

  • 4 beds
  • 4 baths
  • Condominium
  • D7
  • 2010
  • 99 Years
  • S$ 2,120 psf
  • North Bridge Road
Raymond Lim
send_enquiry
thumb-images
9
$1,720,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 1,900 psf
  • North Bridge Road
Sybil Yap
send_enquiry
thumb-images
9
$1,875,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 2,070 psf
  • North Bridge Road
Jeremy Baruch Tan
send_enquiry
thumb-images
9
$1,820,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 1,900 psf
  • North Bridge Road
Kenneth Teiw
send_enquiry
thumb-images
9
$8,000,000
  • 31% Rental Volume

  • 4 beds
  • 5 baths
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 1,930 psf
  • North Bridge Road
LESLIE YONG
send_enquiry
thumb-images
9
$1,190,000
  • 31% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 2,010 psf
  • North Bridge Road
Jeremy Liew
send_enquiry
thumb-images
6
$1,200,000
  • 31% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 1,950 psf
  • North Bridge Road
Anthea Yeo
send_enquiry
thumb-images
8
$1,918,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D7
  • 2010
  • 99 years
  • S$ 2,000 psf
  • North Bridge Road
Elson Tan
send_enquiry

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FAQs about SOUTHBANK

What is the nearest MRT Station to SOUTHBANK ?
The nearest MRT Station from SOUTHBANK is Lavender EW11 MRT

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