Park 1 Suites

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  1
 0
 0

Sale Price *

Average
S$ 1,536 psf
Range
S$ 1,536 - 1,536 psf

Rental Price **

Average
S$ 4.3 psf pm
Range
S$ 3.6 - 5.4 psf pm

Rental Yield **

3.4%

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

Amenities

3.5
3.5

Convenience

3.7
3.7

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
Park 1 Suites is a freehold apartment completed in 2017. It is developed by PARK 1 SUITES PTE LTD. The development occupies a land area of 177 sqm and a Gross Floor Area of 496 sqm. It consists of 26 units. According to records, buyers of this development are Singaporean 66.7%, PR 29.6%, Foreigner 3.7%, Company 0.0%.

PARK 1 SUITES is located along Lorong 40 Geylang in Geylang, in District 14. It is accessible through the nearest MRTs including Paya Lebar CC9, EW8 and Dakota CC8.

Based on transaction data in the last 12 months, sale prices range from S$ 1,536 psf to S$ 1,536 psf at an average of S$ 1,536 psf. Its highest recorded transaction was S$ 1,588 psf in Dec 2021 for a 603-sqft unit. Its lowest recorded transaction was S$ 1,225 psf in Jul 2019 for a 1,098-sqft unit. Its current rental yield is at 3.4%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, ABEDIN TRADING PTE. LTD., I-TEC SUPERMART PTE LTD, and 3 Shopping Mall(s): CITY PLAZA, TANJONG KATONG COMPLEX, GUILLEMARD VILLAGE.

Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.

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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5
"Ok"
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Google Review     |   29 Jul 2022
5
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
No data
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 PARK 1 SUITES (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 PARK 1 SUITES

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 PARK 1 SUITES

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
$1,080,000

    • 1 bed
    • 1 bath
    • Condominium
    • D14
    • 2017
    • Freehold
    • S$ 1,790 psf
    • Lorong 40 Geylang
    WENLI YEOH
    send_enquiry
    thumb-images
    10
    $1,980,000

      • 3 beds
      • 4 baths
      • Condominium
      • D14
      • 2017
      • Freehold
      • S$ 1,640 psf
      • Lorong 40 Geylang
      Ivan Hau
      send_enquiry
      thumb-images
      4
      $998,000

        • 1 bed
        • 2 baths
        • Condominium
        • D14
        • 2017
        • Freehold
        • S$ 1,660 psf
        • Lorong 40 Geylang
        Carrie Yap
        send_enquiry

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