Heritage Place

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 0
 0

Sale Price *

Average
S$ 1,666 psf
Range
S$ 1,666 - 1,666 psf

Rental Price **

Average
S$ 4.4 psf pm
Range
S$ 2.8 - 6.1 psf pm

Rental Yield **

3.2%

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

Amenities

4.3
4.3

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
Heritage Place is a leasehold (999 yrs from 1827) apartment completed in 1998. The development occupies a land area of 11,531 sqm and a Gross Floor Area of 48,430 sqm. It consists of 21 units. According to records, buyers of this development are Singaporean 83.3%, PR 0.0%, Foreigner 3.3%, Company 6.7%.

HERITAGE PLACE is located along Tan Quee Lan Street in Downtown Core, in District 7. It is accessible through the nearest MRTs including Bugis DT14, EW12 and Esplanade CC3.

Based on transaction data in the last 12 months, sale prices range from S$ 1,666 psf to S$ 1,666 psf at an average of S$ 1,666 psf. Its highest recorded transaction was S$ 1,736 psf in Jul 2019 for a 980-sqft unit. Its lowest recorded transaction was S$ 432 psf in Sep 2004 for a 1,851-sqft unit. Its current rental yield is at 3.2%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, SF (313) PTE. LTD., and 3 Shopping Mall(s): BUGIS POINT, PARCO BUGIS JUNCTION, Bugis+.

Buyers and tenants are attracted to District 7, which consists of Beach Road, Bugis, the Golden Mile, Middle Road and Rochor areas. Most of the properties in this district are commercial properties with a small selection of residential properties. Home buyers looking for Bugis properties can choose from a small selection of HDB flats off Middle Road, at Bras Basah Complex and at Rochor Centre. The private residential properties at Bugis are similarly scarce, with projects such as Duo Residences and Midtown Modern witnessing strong demand. Shopping and dining options abound in District 7, with many malls in the area including Bugis Junction and Bugis+. Many hotels such as the Intercontinental Singapore, Carlton Hotel and Raffles Hotel are located within the district or in close proximity to cater to tourists visiting the region.

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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5
"Strategic template close to the MRT station and close to the Bugis junction"
D******** E******
Google Review     |   04 Feb 2020
5
"Are you looking for a 100% Move-In Condition fully furnished 1,044sqft lifestyle residential shophouse home office space with large vintage windows and mezzanine attic bedroom at $3,700 2 min walk from Bugis MRT What's better This unit is furnished with: Full Kitchen Counter Lift Access Level Aircon & Lightings Distinctively Modern Character Shophouse Aircon Servicing Provided All Minor Repairs Inclusive Attached Toilet & Bathrooms Queen Bed, Wardrobe & Mattress 100% Move-In Condition Immediate Availability WOW! WOW!! WOW!!! Call me fast if you or someone close; needs a shophouse home office with gym and 24 hours security. Thank you!! James Tan 92702299 #Bugis #CityHall #Viewing #Esplanade #BrasBasah #NearestMRT #RafflesHotel #SouthBeach #BugisJunction #NorthBridgeRd #NationalLibrary #LiangSeahStreet #TanQueeLanStreet #PurvisStreet #SeahStreet #BeachRoad #LeasingOffice #MostAffordable #JamesTanAssociates #PreeminentGroup #OneERA"
J**** T**
Google Review     |   13 Dec 2018
5
"Arab Streets"
A**** R****
Google Review     |   21 Aug 2018
5
"MRT @ it's doorstep!"
J***** O**
Google Review     |   11 Aug 2018
4
"One of the few heritage places in Singapore"
B** W******
Google Review     |   21 Dec 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
21
2
2

HERITAGE PLACE - 21 - 2 - 2

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 HERITAGE PLACE (Limited to 10)

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

Asking Price of HERITAGE PLACE

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 HERITAGE PLACE

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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10
$2,500,000
  • 47% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D7
  • 1998
  • 999 years
  • S$ 2,530 psf
  • Tan Quee Lan Street
Josephine Lim J R
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Property News

Bugis revived with upcoming completion of DUO

FAQs about HERITAGE PLACE

What is the nearest MRT Station to HERITAGE PLACE ?
The nearest MRT Station from HERITAGE PLACE is Bugis EW12,DT14 MRT

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