Zedge

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 2 Photos

Sale Price *

Average
S$ 1,670 psf
Range
S$ 1,595 - 1,749 psf

Rental Price **

Average
S$ 4.4 psf pm
Range
S$ 2.7 - 6.9 psf pm

Rental Yield **

3.2%

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

Amenities

4.1
4.1

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
7 Facilities Available
Barbeque Area
Barbeque Area
Covered car park
Covered car park
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Lap pool
Lap pool
Pool Deck
Pool Deck
24 hours security
24 hours security
Description
Zedge is a freehold apartment completed in 2010. It is developed by MACLY PTE LTD. The development occupies a land area of 2,026 sqm and a Gross Floor Area of 5,673 sqm. It consists of 102 units. According to records, buyers of this development are Singaporean 79.5%, PR 9.9%, Foreigner 9.9%, Company 0.6%.

ZEDGE is located along Akyab Road in Novena, in District 11. It is accessible through the nearest MRTs including Novena NS20 and Toa Payoh NS19. The nearest schools are TEC INTERNATIONAL COLLEGE and VICTORY LIFE CHRISTIAN SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,595 psf to S$ 1,749 psf at an average of S$ 1,670 psf. Its highest recorded transaction was S$ 1,858 psf in Nov 2012 for a 484-sqft unit. Its lowest recorded transaction was S$ 1,057 psf in May 2008 for a 764-sqft unit. Its current rental yield is at 3.2%.

Other nearby amenities include: 3 Childcare Centre(s): RAINFOREST SCHOOLHOUSE PTE LTD, LEARNING VISION @ WORK PTE. LTD., MINDCHAMPS PRESCHOOL @ ZHONGSHAN PARK PTE. LTD., and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, L M MEAT PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): GUG The Kindergarten, NAFA Arts Kindergarten (Derbyshire), MFC Kindergarten (Newton), and 3 Shopping Mall(s): BALESTIER PLAZA, SQUARE 2, VELOCITY @ NOVENA SQUARE.

Buyers and tenants are attracted to District 11, which is comprised of Thomson, Watten Estate, Novena and Newton. This area is famous for a number of renowned schools, religious houses and elite residential estates. With forests and reservoirs scattered around the Thomson area, property prices here are significantly higher compared to other parts of Singapore. The Watten district next to Bukit Timah is one of the most prestigious locations for residential estates in Singapore, sharing forest and golf course greenery as well as being close to Singapore’s Central Business District. Novena is home to the Inland Revenue Authority Building and Singapore’s largest medical centre, Tan Tock Seng Hospital. Although Newton’s pace of life is relatively slow compared to neighbouring Tanglin and Orchard, its residential properties remain expensive, as it’s strategically located between Orchard Road and Bukit Timah.

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
"Nice project and open view"
D***** C***
Google Review     |   28 Mar 2022
1
"1 bedder - balcony took much of the space. However, middle and low floor can not open the door and windows to get fresh air. Choose 10th floor and above to avoid smoking lady at the balcony on 4th floor. With the building design, the smoke only go up to the room above. Low/middle floor can smell of Tobacco smoke all day long."
V T
Google Review     |   25 Feb 2022
5
"cool place"
S****** B***
Google Review     |   10 Jul 2019
5
"nice condo"
R************
Google Review     |   31 Dec 2017
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Floor Plans
2
4
1

ZEDGE - 2 - 4 - 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
484 - 689 sqft
No. of Units
42
Bedroom Type
2BR
Area
700 - 1302 sqft
No. of Units
49
Bedroom Type
3BR
Area
915 - 915 sqft
No. of Units
11

Sales Transaction of ZEDGE (Limited to 10)

Unit Search
#
There are 161 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 ZEDGE
There are 568 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 (%)
400 to 500
2,580
10
-
-
-
500 to 600
3,000
1
-
-
-
600 to 700
3,067
6
-
-
-
700 to 800
2,994
9
1,197,500
2
3.0
800 to 900
3,800
1
1,390,000
2
3.3
900 to 1000
3,200
1
1,559,000
2
2.5
1000 to 1100
3,600
1
-
-
-
1300 to 1400
3,600
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

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On FEB 2021
Surrey Road
Site Use
Residential
Tenure
fh
Plot Ratio
3
Site Area (sqm)
1,113
Site GFA (sqm)
3,334
Highest Bid ($M)
47.8
Highest Bid ($PSF)
1332
Number of BIDS
-
Land ($M)
47.8
Construction ($M)
11.8
Land Financing ($M)
4.2
Profesional / Legal / Taxes ($M)
7.2
Marketing / Others ($M)
4.3
Estimated Total Cost ($M)
75.24
Estimated Breakeven ($psf ppr)
2,097

Listings

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thumb-images
11
$980,000
  • 71% Rental Volume

  • 1 bed
  • 1 bath
  • D11
  • 2010
  • Freehold
  • S$ 1,980 psf
  • 2 Akyab Road
ARLENE NGO
send_enquiry
thumb-images
11
$1,700,000
  • 71% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D11
  • 2010
  • Freehold
  • S$ 1,860 psf
  • 2 Akyab Road
Christine Lew
send_enquiry
thumb-images
11
$1,300,000
  • 71% Rental Volume

  • 2 beds
  • 1 bath
  • D11
  • 2010
  • Freehold
  • S$ 1,800 psf
  • 2 Akyab Road
Tony Too
send_enquiry
thumb-images
4
View to Offer
  • 71% Rental Volume

  • 2 beds
  • 1 bath
  • D11
  • 2010
  • Freehold
  • S$ 1,760 psf
  • 2 Akyab Road
James Neo
send_enquiry
thumb-images
11
$2,450,000
  • 71% Rental Volume

  • 2 beds
  • 2 baths
  • D11
  • 2010
  • Freehold
  • S$ 1,880 psf
  • 2 Akyab Road
Daniel Ang Ka Chuan
send_enquiry
thumb-images
4
$1,850,000
  • 71% Rental Volume

  • 2 beds
  • 2 baths
  • D11
  • 2010
  • Freehold
  • S$ 1,480 psf
  • 2 Akyab Road
Jason Low
send_enquiry
thumb-images
11
View to Offer
  • 71% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D11
  • 2010
  • Freehold
  • S$ 1,940 psf
  • 2 Akyab Road
Lucy Yeo
send_enquiry
thumb-images
14
$1,350,000
  • 71% Rental Volume

  • 2 beds
  • 1 bath
  • Condominium
  • D11
  • 2010
  • Freehold
  • S$ 1,930 psf
  • 700 sqft
  • Akyab Road
Terry Wee
send_enquiry

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Property News

BELOW $1 MILLION: One-bedder in Novena

FAQs about ZEDGE