Viio @ Balestier

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  2
 2
 0

Sale Price *

Average
S$ 1,765 psf
Range
S$ 1,765 - 1,765 psf

Rental Price **

Average
S$ 4.6 psf pm
Range
S$ 3.1 - 6.3 psf pm

Rental Yield **

3.1%

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

Amenities

3.9
3.9

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
Viio @ Balestier is a freehold condominium completed in 2018. It is developed by TECHKON COMMERCIAL PTE LTD. The development occupies a land area of 2,048 sqm and a Gross Floor Area of 6,145 sqm. It consists of 56 units. According to records, buyers of this development are Singaporean 59.3%, PR 22.0%, Foreigner 13.6%, Company 5.1%.

VIIO @ BALESTIER is located along Balestier Road in Novena, in District 12. It is accessible through the nearest MRTs including Toa Payoh NS19 and Novena NS20. The nearest schools are ZESPRION LANGUAGE CENTRE and EAST ASIA INSTITUTE OF MANAGEMENT.

Based on transaction data in the last 12 months, sale prices range from S$ 1,765 psf to S$ 1,765 psf at an average of S$ 1,765 psf. Its highest recorded transaction was S$ 1,774 psf in Feb 2021 for a 474-sqft unit. Its lowest recorded transaction was S$ 1,364 psf in Jun 2016 for a 1,076-sqft unit. Its current rental yield is at 3.1%.

Other nearby amenities include: 3 Childcare Centre(s): LITTLE FOOTPRINTS PRESCHOOL @ BALESTIER PTE LTD, MINDCHAMPS PRESCHOOL @ ZHONGSHAN PARK 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), Toa Payoh Methodist Church Kindergarten, Ecokidd Kindergarten @ Toa Payoh, 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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Floor Plans
520
4
1

VIIO @ BALESTIER - 520 - 4 - 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 VIIO @ BALESTIER (Limited to 10)

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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 VIIO @ BALESTIER
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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
-

Listings

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thumb-images
11
View to Offer
  • 57% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D12
  • 2018
  • Freehold
  • S$ 1,790 psf
  • 520 Balestier Road
Eugene Lee
send_enquiry
thumb-images
11
$920,000
  • 57% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D12
  • 2018
  • Freehold
  • S$ 1,940 psf
  • 520 Balestier Road
Roy Chua
send_enquiry
thumb-images
11
View to Offer
  • 57% Rental Volume

  • 3 beds
  • 3 baths
  • Apartment
  • D12
  • 2018
  • Freehold
  • S$ 1,770 psf
  • 520 Balestier Road
Nick Lim
send_enquiry
thumb-images
11
$930,000
  • 57% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D12
  • 2018
  • Freehold
  • S$ 1,960 psf
  • 520 Balestier Road
Desmond Lim
send_enquiry

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