*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
VERTEX is located along Ubi Avenue 3 in Geylang, in District 14. It is accessible through the nearest MRTs including Ubi DT27 and Tai Seng CC11. Other nearby amenities include: 3 Childcare Centre(s): CHILD'S ATELIER PTE. LTD., SUNFLOWER TINKLELAND PRIVATE LIMITED, CHERIE HEARTS LITTLE PLAY HOUSE PTE LTD, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, SHENG SIONG SUPERMARKET PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 2 Kindergarten(s): Divinity Kindergarten, Hanis Montessori Kindergarten (Enterprise One).
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 555 psf in Oct 2022 for a 1,464 sqft unit for Factory (All Types), S$ 599 psf in Dec 2021 for a 3,046 sqft unit for Warehouse. Its lowest recorded transaction was S$ 428 psf in Aug 2017 for a 2,185 sqft unit for Factory (All Types), S$ 442 psf in Feb 2018 for a 3,337 sqft unit for Warehouse.
Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.
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.
Sales Transaction of Ubi Avenue 3 (Limited to 10)
Source: URA , https://www.edgeprop.sg