Wallich Residence

Wallich Residence is a leasehold (99 yrs from 2011) apartment completed in 2017. The development occupies a land area of 15,023 sqm and a Gross Floor Area of 145,119 sqm. It consists of 181 units. According to records, buyers of this development are Singaporean 29.1%, PR 14.2%, Foreigner 54.7%, Company 2.0%.

WALLICH RESIDENCE is located along Wallich Street in Downtown Core, in District 2. It is accessible through the nearest MRTs including Tanjong Pagar EW15 and Maxwell TE18.

Based on transaction data in the last 12 months, sale prices range from S$ 2,998 psf to S$ 3,600 psf at an average of S$ 3,185 psf. Its highest recorded transaction was S$ 4,987 psf in Jan 2020 for a 3,509-sqft unit. Its lowest recorded transaction was S$ 2,756 psf in Jan 2018 for a 1,787-sqft unit. Its current rental yield is at 4.0%. Other nearby amenities include: 3 Grocerie(s): LITTLE FARMS PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): INTERNATIONAL PLAZA, ICON VILLAGE, TANJONG PAGAR PLAZA.

Buyers and tenants are attracted to District 2, which consists of Anson Road, Tanjong Pagar and Chinatown. Many buildings in District 2 have undergone upgrades, keeping pace with Singapore’s property evolution. As such, spanning across this busy metropolitan area are high-rise office buildings, residential blocks and commercial structures. Anson Road is renowned for its residential and commercial towers. Chinatown, just a stone’s throw away, is a distinctively historical and cultural enclave where major points have been declared national heritage sites. For foodies, one can find a wide variety of affordable and authentic local dishes at The Maxwell Food Centre that houses hawkers from the vicinity. District 2 is also home to Pinnacle @ Duxton, an iconic HDB project with seven 50-storey tower blocks linked with sky gardens at the 26th and 50th storeys that offer panoramic views of the city.

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.