Ridgewood

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Rental Price **

Average
S$ 2.8 psf pm
Range
S$ 1.5 - 5.3 psf pm

Amenities

3.0
3.0

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
No Data
Description
Ridgewood is a leasehold (999 yrs from 1885) condominium completed in 1981. The development occupies a land area of 62,441 sqm and a Gross Floor Area of 131,126 sqm. It consists of 463 units. According to records, buyers of this development are Singaporean 57.9%, PR 28.9%, Foreigner 13.2%, Company 0.0%.

RIDGEWOOD is located along Ridgewood Close in Bukit Timah, in District 10. It is accessible through the nearest MRTs including Dover EW22 and Clementi EW23. The nearest schools are HENRY PARK PRIMARY SCHOOL and SCHOOL OF SCIENCE AND TECHNOLOGY, SINGAPORE.

Based on transaction data in the last 12 months, sale prices range from S$ 1,402 psf to S$ 1,402 psf at an average of S$ 1,402 psf. Its highest recorded transaction was S$ 1,402 psf in Feb 2021 for a 2,852-sqft unit. Its lowest recorded transaction was S$ 393 psf in Mar 1999 for a 2,852-sqft unit. Its current rental yield is at 2.4%.

Other nearby amenities include: 3 Childcare Centre(s): PAT'S SCHOOLHOUSE PTE LTD, KINDERLAND PRESCHOOL, AMITY JUNIORS PTE LTD, and 3 Grocerie(s): YEO KENG GUAN, LAURELS FOODS SUPPLIERS PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Kindergarten: Little Ones Kindergarten, and 1 Shopping Mall: CLEMENTI SHOPPING CENTRE.

Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.

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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Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data

Sales Transaction of RIDGEWOOD (Limited to 10)

There are 28 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Address
Price(S$ psf)
Price (S$)
Property Type
Tenure
Type of Sale
Area(sqft)
Type of Area
Purchaser Address
Source
No Data

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 RIDGEWOOD
There are 99 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
No data

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 (%)
1000 to 1100
3,300
1
-
-
-
1200 to 1300
2,500
1
1,691,250
1
1.8
1300 to 1400
3,767
3
-
-
-
1500 to 1600
4,700
1
-
-
-
1600 to 1700
3,855
11
-
-
-
1700 to 1800
3,633
3
2,825,000
1
1.5
1800 to 1900
4,460
5
-
-
-
2000 to 2100
5,360
5
-
-
-
2200 to 2300
6,000
1
-
-
-
>3000
5,800
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
No Data
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On JUN 2022
Pine Grove (Parcel A)
Site Use
Residential
Tenure
99
Plot Ratio
2.1
Site Area (sqm)
22,535
Site GFA (sqm)
47,323
Highest Bid ($M)
671.5
Highest Bid ($PSF)
1318.26
Number of BIDS
5
Land ($M)
671.5
Construction ($M)
168.1
Land Financing ($M)
58.8
Profesional / Legal / Taxes ($M)
100.8
Marketing / Others ($M)
59.9
Estimated Total Cost ($M)
1,059.05
Estimated Breakeven ($psf ppr)
2,079

Listings

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Property News

Penthouse unit at Nassim Jade sold for $6.05 mil profit

Property News

Four-bedroom unit at Ridgewood sold for $1.69 mil profit

FAQs about RIDGEWOOD

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