The Metz

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  2
 2
 0

Sale Price *

Average
S$ 2,696 psf
Range
S$ 2,581 - 2,890 psf

Rental Price **

Average
S$ 6.5 psf pm
Range
S$ 5.0 - 8.4 psf pm

Rental Yield **

2.9%

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

Amenities

4.5
4.5

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
The Metz is a freehold condominium completed in 2007. It is developed by MCL LAND (DEVONSHIRE) PTE LTD and designed by ATELIER GROUP ARCHITECTS. The development occupies a land area of 5,242 sqm and a Gross Floor Area of 14,683 sqm. It consists of 169 units. According to records, buyers of this development are Singaporean 42.9%, PR 13.8%, Foreigner 37.5%, Company 5.7%.

THE METZ is located along Devonshire Road in River Valley, in District 9. It is accessible through the nearest MRTs including Somerset NS23 and Great World TE15. The nearest schools are M2 ACADEMY and MAGES INSTITUTE OF EXCELLENCE.

Based on transaction data in the last 12 months, sale prices range from S$ 2,581 psf to S$ 2,890 psf at an average of S$ 2,696 psf. Its highest recorded transaction was S$ 2,890 psf in Mar 2022 for a 581-sqft unit. Its lowest recorded transaction was S$ 1,000 psf in Nov 2004 for a 818-sqft unit. Its current rental yield is at 2.9%.

Other nearby amenities include: 3 Childcare Centre(s): ALPHABET PLAYHOUSE CHILD CARE AND LEARNING CENTRE PTE LTD, MINDCHAMPS PRESCHOOL @ PARAGON PTE. LIMITED, LITTLE VILLAGE ON THE GRANGE, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Little Hands Montessori Kindergarten, Little Raindrops Montessori Pre-School, Kay Poh Road Baptist Kindergarten, and 3 Shopping Mall(s): *SCAPE, ORCHARD BUILDING, 313@SOMERSET.

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.
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What they say
Live Here? Tell us more
Write a review
5
"Great location. Facilities are maintained well. Management are friendly and helpful. Good layout."
S** L*
Google Review     |   12 Mar 2022
4
"Cozy development within walking distance of the Somerset malls. Tennis court is ample but doesnt not offer full court run-off at the side and back. A trade off for The Central location."
H* J******
Google Review     |   03 Jun 2021
2
"small development w private lifts and parking lifts. noisy roadside traffic if low floors"
S****** T******
Google Review     |   13 Mar 2020
5
"Location is next to Somerset MRT. Excellent facilities"
T** C***
Google Review     |   05 Oct 2018
5
"Great condominium with facilities. Centrally located right behind Orchard road."
J******** C****
Google Review     |   07 Mar 2017
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Floor Plans
83
3
1

THE METZ - 83 - 3 - 1

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 THE METZ (Limited to 10)

Unit Search
#
There are 0 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 METZ
There are 0 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 (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JAN 2020
Irwell Bank Road
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
12,787
Site GFA (sqm)
35,803
Highest Bid ($M)
583.9
Highest Bid ($PSF)
1514.6
Number of BIDS
7
Land ($M)
583.9
Construction ($M)
127.2
Land Financing ($M)
51.1
Profesional / Legal / Taxes ($M)
85.3
Marketing / Others ($M)
50.8
Estimated Total Cost ($M)
898.33
Estimated Breakeven ($psf ppr)
2,331
Sold On FEB 2021
10A/B & 11 Institution Hills
Site Use
Residential
Tenure
999
Plot Ratio
2.8
Site Area (sqm)
1,329
Site GFA (sqm)
3,720
Highest Bid ($M)
56.6
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
56.6
Construction ($M)
13.2
Land Financing ($M)
5
Profesional / Legal / Taxes ($M)
8.4
Marketing / Others ($M)
5
Estimated Total Cost ($M)
88.13
Estimated Breakeven ($psf ppr)
2,201
Sold On OCT 2022
Horizon Towers
Site Use
Residential
Tenure
99
Plot Ratio
3.3
Site Area (sqm)
19,020
Site GFA (sqm)
62,321
Highest Bid ($M)
-
Highest Bid ($PSF)
1862
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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11
$1,688,000
  • 58% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2007
  • Freehold
  • S$ 2,910 psf
  • 83 Devonshire Road
Alexandra Khoo
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Property News

Freehold site at Devonshire Road up for public tender at $376 mil

Property News

Unit at The Metz fetches $1.35 mil

FAQs about THE METZ

What is the nearest MRT Station to THE METZ ?
The nearest MRT Station from THE METZ is Somerset NS23 MRT

Similiar properties

No Data