The Centrio

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,561 psf
Range
S$ 1,493 - 1,597 psf

Rental Price **

Average
S$ 3.8 psf pm
Range
S$ 3.0 - 4.6 psf pm

Rental Yield **

2.9%

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

Amenities

4.2
4.2

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
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Playground
Playground
Swimming pool
Swimming pool
Description
The Centrio is a freehold apartment completed in 2009. It is developed by SB (RAINTREE) DEVELOPMENT PTE LTD. The development occupies a land area of 1,701 sqm and a Gross Floor Area of 4,762 sqm. It consists of 53 units. According to records, buyers of this development are Singaporean 73.3%, PR 16.2%, Foreigner 9.5%, Company 1.0%.

THE CENTRIO is located along Irrawaddy Road in Novena, in District 12. It is accessible through the nearest MRTs including Novena NS20 and Toa Payoh NS19. The nearest schools are ZESPRION LANGUAGE CENTRE and BALESTIER HILL SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,493 psf to S$ 1,597 psf at an average of S$ 1,561 psf. Its highest recorded transaction was S$ 1,728 psf in Jun 2013 for a 614-sqft unit. Its lowest recorded transaction was S$ 892 psf in Aug 2007 for a 614-sqft unit. Its current rental yield is at 2.9%.

Other nearby amenities include: 3 Childcare Centre(s): MINDCHAMPS PRESCHOOL @ ZHONGSHAN PARK PTE. LTD., LITTLE FOOTPRINTS PRESCHOOL @ BALESTIER PTE LTD, LEARNING VISION @ WORK PTE. LTD., and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, CAVEMEN PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ TOA PAYOH CENTRAL Blk 157 (KN), GUG The Kindergarten, MFC Kindergarten (Newton), and 3 Shopping Mall(s): Balestier Road, BALESTIER HILL SHOPPING CENTRE, BALESTIER PLAZA.

Buyers and tenants are attracted to District 12, which is comprised of Serangoon, Toa Payoh and Balestier, a combination of areas that has historically quaint townships. Toa Payoh New Town, built by the Housing Development Board (HDB), represents Singapore’s second satellite city after Queenstown. Serangoon is well-served by two MRT lines, including the Circle Line station completed in 2010. Serangoon is also home to Nex, one of the largest shopping malls in the North-East Region of Singapore. Nex is integrated with a bus interchange, and houses a cinema and a public library. As one of Singapore's oldest housing estates, Toa Payoh has benefitted from the government's rejuvenation efforts. It has evolved into a vibrant neighbourhood centreed around HDB Hub, which has both shopping and dining facilities, as well as an air-conditioned bus interchange. Other amenities are Toa Payoh Stadium, Toa Payoh Sports Hall and Toa Payoh Swimming Complex. The Toa Payoh Stadium can sit 3,500 people, and has hosted S.League club games.

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
"quiet yet near mrt station"
R****** L**
Google Review     |   25 May 2018
4
"very nice. too bad rental out of my budget"
S****** T******
Google Review     |   16 Apr 2018
4
"Near to mrt mall and hospital.. Yet still fairly quiet"
K****** B***
Google Review     |   19 Oct 2017
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Floor Plans
53
2
1

THE CENTRIO - 53 - 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
614 - 614 sqft
No. of Units
10
Bedroom Type
2BR
Area
980 - 980 sqft
No. of Units
18
Bedroom Type
3BR
Area
1206 - 1216 sqft
No. of Units
12
Bedroom Type
4BR
Area
1421 - 2971 sqft
No. of Units
13

Sales Transaction of THE CENTRIO (Limited to 10)

Unit Search
#
There are 95 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 THE CENTRIO
There are 193 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 (%)
600 to 700
2,675
4
980,000
1
3.3
900 to 1000
3,720
5
-
-
-
1200 to 1300
4,825
4
-
-
-
1400 to 1500
4,700
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
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Nearby Land Sales

No Data

Listings

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thumb-images
11
View to Offer
  • 60% Rental Volume

  • 1 bed
  • 1 bath
  • D12
  • 2009
  • Freehold
  • S$ 1,610 psf
  • 53 Irrawaddy Road
Margaret Lau
send_enquiry
thumb-images
10
View to Offer
  • 60% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D12
  • 2009
  • Freehold
  • S$ 1,610 psf
  • 614 sqft
  • Irrawaddy Road
STELLA TAN
send_enquiry
thumb-images
8
$998,000
  • 60% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D12
  • 2009
  • Freehold
  • S$ 1,630 psf
  • 614 sqft
  • Irrawaddy Road
Faith Huang
send_enquiry

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FAQs about THE CENTRIO