Aalto

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 3
 0

Sale Price *

Average
S$ 2,470 psf
Range
S$ 2,282 - 2,581 psf

Rental Price **

Average
S$ 5.0 psf pm
Range
S$ 3.3 - 5.8 psf pm

Rental Yield **

2.4%

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

Amenities

2.7
2.7

Convenience

4.2
4.2

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
Aalto is a freehold condominium completed in 2010. It is developed by HONG LEONG HOLDINGS LTD and designed by RDC ARCHITECTS PTE LTD. The development occupies a land area of 9,855 sqm and a Gross Floor Area of 27,594 sqm. It consists of 196 units. According to records, buyers of this development are Singaporean 56.4%, PR 15.3%, Foreigner 26.1%, Company 1.9%.

AALTO is located along Meyer Road in Marine Parade, in District 15. It is accessible through the nearest MRTs including Amber TE25 and Marine Parade TE26.

Based on transaction data in the last 12 months, sale prices range from S$ 2,282 psf to S$ 2,581 psf at an average of S$ 2,470 psf. Its highest recorded transaction was S$ 2,919 psf in Feb 2013 for a 3,940-sqft unit. Its lowest recorded transaction was S$ 1,389 psf in Sep 2007 for a 1,528-sqft unit. Its current rental yield is at 2.4%. Other nearby amenities include: 3 Grocerie(s): CHEE MIN KUAN, SIMON, JMD RETAIL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): KATONG SHOPPING CENTRE, THE ODEON KATONG, PARKWAY PARADE.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

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.
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What they say
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4.6
"fantastic community, great locations, amazing ocean views, but it has ecp noise esp the bigger unit. best condo in d15"
R****** T** N***
Owner     |   24 May 2023
4
"MRT has increased the value of Aalto"
sk@skcpa-sg.com
Owner     |   16 Jan 2018
1
"Overvalued place. Had bad landlord which spoilt my experience."
A** L**
Google Review     |   16 Aug 2020
5
"Best condo in the East area"
I** H*
Google Review     |   12 Jun 2018
5
"Excellent residential accommodation. Nice view of the sea and beautifully maintained sorroundings. Effective arrangements and system to maintain privacy."
S***** G****
Google Review     |   05 Jan 2018
4
"Nice condo.. Away from the main road. Mrt coming up."
J*** L**
Google Review     |   14 Dec 2017
4
"Gud location. Gud view. Well maintained."
A*** G******
Google Review     |   20 Jun 2017
Live Here? Tell us more
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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SchoolSchool
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Floor Plans
191
2
1

AALTO - 191 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of AALTO (Limited to 10)

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of AALTO

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of AALTO

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$4,880,000

    • 4 beds
    • 3 baths
    • Condominium
    • D15
    • 2010
    • Freehold
    • S$ 2,490 psf
    • Meyer Road
    Andre sion
    send_enquiry
    thumb-images
    10
    $7,400,000

      • 5 beds
      • 4 baths
      • Condominium
      • D15
      • 2010
      • Freehold
      • S$ 3,030 psf
      • Meyer Road
      Chia Xiu Ying
      send_enquiry
      thumb-images
      10
      $7,300,000

        • 5 beds
        • 5 baths
        • Condominium
        • D15
        • 2010
        • Freehold
        • S$ 2,990 psf
        • Meyer Road
        Pamela Foong
        send_enquiry
        thumb-images
        10
        $5,400,000

          • 4 beds
          • 4 baths
          • Condominium
          • D15
          • 2010
          • Freehold
          • S$ 2,760 psf
          • Meyer Road
          Jerlyn Ng
          send_enquiry
          thumb-images
          10
          $5,000,000

            • 3 beds
            • 3 baths
            • Condominium
            • D15
            • 2010
            • Freehold
            • S$ 3,470 psf
            • Meyer Road
            Celestine Chun
            send_enquiry
            thumb-images
            10
            $7,300,000

              • 5 beds
              • 5 baths
              • Condominium
              • D15
              • 2010
              • Freehold
              • S$ 2,990 psf
              • Meyer Road
              Debra Teoh
              send_enquiry
              thumb-images
              10
              $4,950,000

                • 4 beds
                • 4 baths
                • Condominium
                • D15
                • 2010
                • Freehold
                • S$ 2,530 psf
                • Meyer Road
                Tricia Tan
                send_enquiry
                thumb-images
                10
                $7,300,000

                  • 5 beds
                  • 5 baths
                  • Condominium
                  • D15
                  • 2010
                  • Freehold
                  • S$ 2,990 psf
                  • Meyer Road
                  martin ong
                  send_enquiry
                  thumb-images
                  10
                  $6,000,000

                    • 5 beds
                    • 6 baths
                    • Condominium
                    • D15
                    • 2010
                    • Freehold
                    • S$ 2,460 psf
                    • Meyer Road
                    Juliana Wall
                    send_enquiry

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