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BELOW $1 MILLION: One-bedder in One-North

By Tan Chee Yuen

/ The Edge Property |

January 20, 2016 3:44 PM SGT

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A 614 sq ft unit at One-North Residences is looking for buyer at an asking price of $988,000, or $1,609 psf. According to Cherrie from ERA, the high-floor unit is fully-furnished and in good condition.

One-North Residences is a 99-year-leasehold apartment at One-North Gateway. Completed in 2009, the 405-unit development is located within 500m from Fusionopolis and One-North MRT station of the Circle-Line. It is also within walking distance from Buona Vista interchange station of the Circle-Line and East-West Line. Schools within 1km from the property include Fairfield Methodist School (Primary) and INSEAD.

There were 11 rental contracts involving one-bedroom units between 600 and 700 sq ft at One North Residences in 2015. Rents for these units averaged $3,360 per month. Based on the listing price of $988,000, the average rent translates to a potential gross rental yield of 4.1%.

Looking for affordable homes near One-North MRT station? Click here to start browsing!

Editor: To real estate agents – if you have secured an interesting listing an interesting deal recently, we would love to hear from you! Contact us at propertyeditor.sg@bizedge.com

As we are not party to the contract between the client and agent, we are not able to verify information provided by the agent.

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