BELOW $1 MILLION: Freehold one-bedder in Bukit Timah

A 634 sq ft one bedroom unit at Nineteen Shelford Road has been listed on TheEdgeProperty.com at $999,000 or $1,576 psf.
Nineteen Shelford Road is a freehold apartment in district 11. Completed in 1997, the 256-unit development is within 500m from Botanic Gardens MRT interchange and Tan Kah Kee MRT station of the Circle Line. It is also within 300m from Coronation Shopping Plaza.
Schools within a 1km radius include Raffles Girls' Primary School and Nanyang Primary School.
According to the listing, the unit is tenanted at $2,300 a month until May 2018. Based on the listing price of $999,000, the average rent translates into a potential gross rental yield of 2.8%
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Recent transactions at Nineteen Shelford Road
Contract date
Area (sq ft)
Price ($)
Price ($ psf)
February 26, 2016
1,722
2,020,000
1,173
February 12, 2016
915
1,260,000
1,377
February 2, 2016
657
1,020,000
1,553
October 19, 2015
657
1,028,000
1,566
October 13, 2015
1,668
2,050,000
1,229

Source: URA, The Edge Property

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