THE INTERLACE: Bukit Merah Condominium | Details & Reviews

Name: THE INTERLACE
Brand: THE INTERLACE
SKU: THE INTERLACE
Rating: 4.7 (9 reviews)

The Interlace

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average

S$ 1,529 psf

Range

S$ 896 - 1,852 psf

Rental Price **

Average

S$ 4.7 psf pm

Range

S$ 2.4 - 6.4 psf pm

Rental Yield **

3.7%

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

Amenities

2.6

Convenience

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

Description

The Interlace is a leasehold (99 yrs from 2009) condominium completed in 2013. It is developed by ANKERITE PTE LTD and designed by RSP ARCHITECTS PLANNERS & ENGINEERS (PTE) LTD. The development occupies a land area of 80,762 sqm and a Gross Floor Area of 169,637 sqm. It consists of 1040 units. According to records, buyers of this development are Singaporean 63.8%, PR 22.4%, Foreigner 12.4%, Company 1.5%.

THE INTERLACE is located along Depot Road in Bukit Merah, in District 4. It is accessible through the nearest MRTs including Labrador Park CC27 and Queenstown EW19.

Based on transaction data in the last 12 months, sale prices range from S$ 896 psf to S$ 1,852 psf at an average of S$ 1,529 psf. Its highest recorded transaction was S$ 1,852 psf in Sep 2023 for a 807-sqft unit. Its lowest recorded transaction was S$ 618 psf in Jun 2010 for a 4,435-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 3 Grocerie(s): THE QUALITYMART DEPOT PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, FISHOP PTE. LTD., and 3 Shopping Mall(s): QUEENSWAY SHOPPING CENTRE, Alexandra Central (U/C - TOP : 30 June 2016), IKEA ALEXANDRA.

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.

What they say

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3.8

"Condo security respond quickly to disturbances caused by unruly children. Condo maintenance fees go up rather fast as compared to other projects."

G****** G******

Owner | 30 Jan 2023

4.6

"The facilities are really unbeatable (and too many to name) compared to most other condominiums and it is a close knit community inside. Space is aplenty with no lack of parking lots. Rooms are very decently sized and not cramped tiny spaces like the new projects these days. Children and adults love to come out in the evenings to play or to walk around the lovely estate. The clinic, mini-mart and Pulse patisserie are popular and also add to the convenience. Suitable for all types but generally family oriented/friendly condominium. Some nearby popular features include Hort Park, Southern Ridges, Labrador Park, ABC Market, Ikea, ARC ,Vivocity and many companies are located nearby at Mapletree Business City, One HP Building, Alexandra Technopark, PSA Building etc. There are several bus stops nearby and the biggest downside for sure is that the location is not within walking distance to an MRT station but there is a free shuttle bus service to Harbourfront MRT to cover that. "

c************n@hotmail.com

Owner | 23 Oct 2017

4.8

"It is a holiday home."

j**y@phillip.com.sg

Owner | 20 Mar 2017

"perfect place to live in.... "

d*******m@bizedge.com

Viewer | 06 Dec 2016

"The Interlace, One of the expats favorite iconic development at all time. Ive just leased an unit within a day with overwhelming response! Lush of greenery, spacious landscaping and shops within the compound. Best of all, not only the easy access location and most of the the units came with generously good sizes and great view!"

J********* O**

Google Review | 20 Jul 2022

"Awarded design, built over a decade ago. Aesthetically impressive, functional many design flaws...7th and 13th floors suffer from flooding (management says its the design, nothing can be done), the space hasn't been well planed, not enough bike spaces, rubbish chutes were designed too small, and the list goes on. Constant updates and fixes, means working from home difficult due to construction noise. Actually 3 stars is generous"

P**** P********

Google Review | 01 Jun 2022

"Great Facilities, Great Condo, This is an amazing place to live in!"

I** P****

Google Review | 15 May 2022

"Beautiful apartment complex. The unit stacked each outlet which where it gets the name interlace from. It was very huge area. The unit seems huge as well seeing quite a number of units put fridge on the balcony area. Visited friend around the area. Visitor can only park at V section in the center. The entrance guard never mentioned about it, I was notified by guard on duty. Few guards were seeing strolling around the area, basement with golf car and level 2 with bicycle."

W****** L**

Google Review | 03 May 2022