BELOW $1 MILLION: Freehold two-bedder in Bedok

By Metta Lee / The Edge Property | July 6, 2016 11:00 AM SGT
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A 732 sq ft, two bedroom unit at Auralis on East Coast Road has been listed on TheEdgeProperty.com at $990,000 or $1,352 psf.
Based on caveat record released by URA, the last transaction at Auralis was in March 2012 when a 732 sq ft unit was transacted at $1.03 million or $1,409 psf. In October 2011, another 732 sq ft unit was sold at $1.05 million or $1,432 psf.
Auralis is a freehold apartment in Bedok. Completed in 2013, the 56 unit development is within a 1km radius from popular schools such as Tao Nan School, Ngee Ann Primary School and CHIJ (Katong) Primary.
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There were five rental contracts for 700 to 800 sq ft units at Auralis in 2016. Monthly rents averaged $2,560 or $3.40 psf. Based on the listing price of $990,000, the average rent translates into a potential gross rental yield of 3.1%.
For more information, call marketing agent Michelle Yow at 9672 7962.
Latest transactions for 732 sq ft units at Auralis
Contract date
Price ($)
Price ($ psf)
March 27, 2012
1,031,000
1,409
October 7, 2011
1,048,000
1,432
June 24, 2011
1,011,700
1,382
June 17, 2011
1,040,000
1,421
June 3, 2011
995,600
1,360

Source: URA, The Edge Property

Recent rental contracts for 700 to 800 sq ft units at Auralis
Lease date
Monthly Rent
($)
()
May 2016
2,500
3.30
April 2016
2,650
3.50
April 2016
2,650
3.50
March 2016
2,400
3.20
February 2016
2,600
3.50

Source: URA, The Edge Property


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