Research

TEXTILE CENTRE

Project Name

TEXTILE CENTRE

Street Name

Jalan Sultan

Postal Code

199018

Property Type

Shop / Office / Shop House

Tenure

99 Yrs FROM 1970

District / Planning Area

D7 / Kallang

Completion

1974

Indicative price range / Average*

Office: S$ 1,111 - S$ 1,280 psf / S$ 1,196 psf
Shop: S$ 1,255 - S$ 2,177 psf / S$ 1,716 psf
Shop House: S$ 1,253 - S$ 1,253 psf / S$ 1,253 psf

Indicative rental range / Average#

Office: S$ 0.0 - S$ 0.0 psf pm / S$ 3.0 psf pm
Shop: S$ 0.0 - S$ 0.0 psf pm / S$ 3.0 psf pm
Shop House: S$ 0.0 - S$ 0.0 psf pm / S$ 3.4 psf pm

Implied rental yield

Office: 3.0%
Shop: 2.1%
Shop House: 3.3%

Historical high

Office: S$ 1,460 psf in Jul 2016 for a 3,348-sqft unit
Shop: S$ 2,177 psf in Jul 2021 for a 3,348-sqft unit
Shop House: S$ 1,253 psf in May 2021 for a 990-sqft unit

Indicative average price from historical high

Office: -18.1%
Shop: -21.2%
Shop House: 0.0%

Historical low

Office: S$ 207 psf in Sep 2005 for a 893-sqft unit
Shop: S$ 176 psf in Apr 2006 for a 1,249-sqft unit
Shop House: S$ 1,238 psf in May 2018 for a 614-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.

Price Trends

Price Trends

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

Historical Monthly Price Range

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

Nearby Amenities

Nearby Amenities

Source: https://www.edgeprop.sg

Sales

Sales Transactions (Limited to 10)

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

Profitable Transactions (Limited to 10)
(Total of 95 transactions)

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing.
Source: URA, https://www.edgeprop.sg

Unprofitable Transactions (Limited to 10)
(Total of 20 transactions)

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing.
Source: URA, https://www.edgeprop.sg

Rental

Rental Transactions along JALAN SULTAN

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

Nearby Properties

Price and Rental Comparison (Up to 50)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: URA, https://www.edgeprop.sg

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