Makeway View

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 2,384 psf
Range
S$ 2,384 - 2,384 psf

Rental Price **

Average
S$ 2.5 psf pm
Range
S$ 2.5 - 2.5 psf pm

Rental Yield **

1.3%

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

Amenities

2.9
2.9

Convenience

4.2
4.2

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
Makeway View is a freehold apartment completed in 1989. The development occupies a land area of 3,863 sqm and a Gross Floor Area of 10,817 sqm. It consists of 32 units. According to records, buyers of this development are Singaporean 56.5%, PR 30.4%, Foreigner 0.0%, Company 13.0%.

MAKEWAY VIEW is located along Makeway Avenue in Novena, in District 9. It is accessible through the nearest MRTs including Newton DT11, NS21 and Novena NS20.

Based on transaction data in the last 12 months, sale prices range from S$ 2,384 psf to S$ 2,384 psf at an average of S$ 2,384 psf. Its highest recorded transaction was S$ 1,968 psf in Apr 2013 for a 1,453-sqft unit. Its lowest recorded transaction was S$ 342 psf in Jul 2003 for a 4,176-sqft unit. Its current rental yield is at 1.3%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): UNITED SQUARE, GOLDHILL PLAZA, GOLDHILL SHOPPING CENTRE.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

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
"Big unit with balcony"
J*** M****** Y*** (*
Google Review     |   03 Jan 2020
4
"Quite locality, very low traffic, decent surrounding and near from MRT."
S**** O**
Google Review     |   05 Dec 2018
5
"It's a old building but unit r spacious . Each rm hv a balcony n living rm too. Outside units corridors r also spacious. U wun find many such spacious place ard sg"
K*****
Google Review     |   22 Jul 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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

Sales Transaction of MAKEWAY VIEW (Limited to 10)

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Date
Area(sqft)
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Price(S$ psf)
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Type of Area
Purchaser Address
Source

Asking Price of MAKEWAY VIEW

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
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 MAKEWAY VIEW

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 (%)
Historical Quarterly Rental

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
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

No data

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Property News

Bukit Sembawang capitalises on return of buying interest to prime districts

Property News

This week in property: Bukit Sembawang buys Makeway View en bloc, four developments up for collective sale, developers scramble for Holland Road GLS site

Property News

Bukit Sembawang buys Makeway View en bloc for $168 million

Property News

Makeway View in Newton area up for collective sale at $168 mil

FAQs about MAKEWAY VIEW

What is the nearest MRT Station to MAKEWAY VIEW ?
The nearest MRT Station from MAKEWAY VIEW is Newton NS21,DT11 MRT

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