Wallich Residence

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  5
 0
 0

Sale Price *

Average
S$ 3,164 psf
Range
S$ 2,955 - 3,600 psf

Rental Price **

Average
S$ 10.7 psf pm
Range
S$ 8.0 - 13.3 psf pm

Rental Yield **

4.1%

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

Amenities

4.3
4.3

Convenience

4.5
4.5

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
Wallich Residence is a leasehold (99 yrs from 2011) apartment completed in 2017. The development occupies a land area of 15,023 sqm and a Gross Floor Area of 145,119 sqm. It consists of 181 units. According to records, buyers of this development are Singaporean 29.1%, PR 14.2%, Foreigner 54.7%, Company 2.0%.

WALLICH RESIDENCE is located along Wallich Street in Downtown Core, in District 2. It is accessible through the nearest MRTs including Tanjong Pagar EW15 and Maxwell TE18.

Based on transaction data in the last 12 months, sale prices range from S$ 2,955 psf to S$ 3,600 psf at an average of S$ 3,164 psf. Its highest recorded transaction was S$ 4,987 psf in Jan 2020 for a 3,509-sqft unit. Its lowest recorded transaction was S$ 2,756 psf in Jan 2018 for a 1,787-sqft unit. Its current rental yield is at 4.1%. Other nearby amenities include: 3 Grocerie(s): LITTLE FARMS PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): INTERNATIONAL PLAZA, ICON VILLAGE, TANJONG PAGAR PLAZA.

Buyers and tenants are attracted to District 2, which consists of Anson Road, Tanjong Pagar and Chinatown. Many buildings in District 2 have undergone upgrades, keeping pace with Singapore’s property evolution. As such, spanning across this busy metropolitan area are high-rise office buildings, residential blocks and commercial structures. Anson Road is renowned for its residential and commercial towers. Chinatown, just a stone’s throw away, is a distinctively historical and cultural enclave where major points have been declared national heritage sites. For foodies, one can find a wide variety of affordable and authentic local dishes at The Maxwell Food Centre that houses hawkers from the vicinity. District 2 is also home to Pinnacle @ Duxton, an iconic HDB project with seven 50-storey tower blocks linked with sky gardens at the 26th and 50th storeys that offer panoramic views of the city.

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
"Convenient and right above a very central MRT station."
L** C*** C****
Google Review     |   02 Aug 2022
5
"Excellent"
J***** K**
Google Review     |   09 Jun 2022
5
"Stayed there for 2ys, can't think of a better place to enjoy the great day and night view of Singapore. Facility is just awesome. Location wise, B2 is the Tanjong Pagar MRT, and the underground path directly links to many major office buildings. Have 3 hawker centers around, weekend we just go there and buy food. Have fair price, cold storage and Donki all within 5mins walk."
S**** P**
Google Review     |   18 Mar 2022
1
"Overpriced, overhyped, overly marketed by agents, simple concept sell until what "bungalow in the sky", let foreigners make the prices soar by so much"
D***** H**
Google Review     |   11 Jan 2022
1
"Windows are not properly installed. Big time rainwater leakage. Major reconstruction is going on to repair all windows and nearby walls. Always noisy."
M****** S*****
Google Review     |   17 Dec 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
3
40
1

WALLICH RESIDENCE - 3 - 40 - 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 WALLICH RESIDENCE (Limited to 10)

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

Asking Price of WALLICH RESIDENCE

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 WALLICH RESIDENCE

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
24
$5,288,000
  • 30% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 3,150 psf
  • Wallich Street
Alan Tang
send_enquiry
thumb-images
27
$3,758,000
  • 30% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 4,110 psf
  • Wallich Street
Alan Tang
send_enquiry
thumb-images
8
$5,288,000
  • 30% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 3,210 psf
  • Wallich Street
Carrie Chin
send_enquiry
thumb-images
8
$3,758,000
  • 30% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D2
  • 99 years
  • S$ 4,110 psf
  • Wallich Street
Jeremiah Chua
send_enquiry
thumb-images
8
$5,288,000
  • 30% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D2
  • 99 years
  • S$ 3,150 psf
  • Wallich Street
Jeremiah Chua
send_enquiry
thumb-images
10
$5,200,000
  • 30% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 3,120 psf
  • Wallich Street
Jack Ooi
send_enquiry
thumb-images
10
$5,288,000
  • 30% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 3,150 psf
  • Wallich Street
Azhar Sulaiman
send_enquiry
thumb-images
10
$3,758,000
  • 30% Rental Volume

  • 2 beds
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 4,110 psf
  • Wallich Street
Azhar Sulaiman
send_enquiry
thumb-images
10
$9,098,000
  • 30% Rental Volume

  • 4 beds
  • 5 baths
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 4,570 psf
  • Wallich Street
Azhar Sulaiman
send_enquiry
thumb-images
10
$5,288,000
  • 30% Rental Volume

  • 3 beds
  • 4 baths
  • Condominium
  • D2
  • 2017
  • 99 years
  • S$ 3,070 psf
  • Wallich Street
Eileen Siu
send_enquiry

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FAQs about WALLICH RESIDENCE

What is the nearest MRT Station to WALLICH RESIDENCE ?
The nearest MRT Station from WALLICH RESIDENCE is Tanjong Pagar EW15,TE18 MRT

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