Paradise Island

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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Sale Price *

Average
S$ 1,680 psf
Range
S$ 1,680 - 1,680 psf

Rental Price **

Average
S$ 6.9 psf pm
Range
S$ 5.7 - 9.7 psf pm

Rental Yield **

4.9%

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

Amenities

2.6
2.6

Convenience

2.5
2.5

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
Paradise Island is a leasehold (99 yrs from 2005) detached house. It is developed by HO BEE HOMES PTE LTD. The development occupies a land area of 1,392 sqm. It consists of 29 units. According to records, buyers of this development are Singaporean 43.3%, PR 20.0%, Foreigner 35.0%, Company 1.7%.

PARADISE ISLAND is located along Paradise Island in Southern Islands, in District 4. It is accessible through the nearest MRTs including Tanjong Pagar EW15 and HarbourFront CC29, NE1.

Based on transaction data in the last 12 months, sale prices range from S$ 1,680 psf to S$ 1,680 psf at an average of S$ 1,680 psf. Its highest recorded transaction was S$ 2,446 psf in Nov 2017 for a 8,138-sqft unit. Its lowest recorded transaction was S$ 1,001 psf in Apr 2007 for a 8,051-sqft unit. Its current rental yield is at 4.9%. Other nearby amenities include: 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD.

Buyers and tenants are attracted to District 4, which covers Harbourfront, Telok Blangah and Mount Faber. District 4 is better known for its tourist attractions, marked by the Sentosa Island. District 4 is also favoured by home-buyers due to its central location and accessibility to recreational offerings such as Vivocity, the largest shopping mall in Singapore. Harbourfront serves as a connecting point between the main island of Singapore and Sentosa Island. Sentosa Island is a renowned tourist attraction and a popular leisure destination, featuring Resort World Sentosa and popular beaches. Part of the island has been converted into a residential enclave comprised of premium houses ranging from landed to high-rise housing developments. In contrary to the restrictions for landed houses in Singapore, the bungalows found at Sentosa Cove are open to purchase by foreigners. Another key attraction of District 4 is the Henderson Waves Bridge, the highest pedestrian bridge in Singapore. It forms part of the Southern Ridges Walk, a popular hiking trail starting from Kent Ridge Park.

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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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Sales Transaction of PARADISE ISLAND (Limited to 10)

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Asking Price of PARADISE ISLAND

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
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Bedrooms
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Price (S$)
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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 PARADISE ISLAND

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Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
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Historical Quarterly Rental

Transactions Within 1000M In The Last 12 Months
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Address
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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
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Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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10
$15,850,000

    • 5 beds
    • 6 baths
    • Bungalow House
    • D4
    • 2009
    • 99 years
    • S$ 1,960 psf
    • Paradise Island
    Samuel Eyo
    send_enquiry

    View More
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