Rafflesia Condominium

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  2
 1
 0

Sale Price *

Average
S$ 1,447 psf
Range
S$ 1,312 - 1,563 psf

Rental Price **

Average
S$ 4.2 psf pm
Range
S$ 2.5 - 5.2 psf pm

Rental Yield **

3.5%

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
Rafflesia Condominium is a leasehold (99 yrs from 1997, 99 yrs from /199) condominium completed in 2003. It is developed by BISHAN PEAK PTE LTD. The development occupies a land area of 12,304 sqm and a Gross Floor Area of 25,839 sqm. It consists of 230 units. According to records, buyers of this development are Singaporean 66.7%, PR 20.4%, Foreigner 12.1%, Company 0.9%.

RAFFLESIA CONDOMINIUM is located along Bishan Street 21 in Bishan, in District 20. It is accessible through the nearest MRTs including Marymount CC16 and Bishan CC15, NS17.

Based on transaction data in the last 12 months, sale prices range from S$ 1,312 psf to S$ 1,563 psf at an average of S$ 1,447 psf. Its highest recorded transaction was S$ 1,563 psf in Aug 2023 for a 1,324-sqft unit. Its lowest recorded transaction was S$ 301 psf in Nov 2004 for a 915-sqft unit. Its current rental yield is at 3.5%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Shopping Mall: JUNCTION 8 SHOPPING CENTRE.

Buyers and tenants are attracted to District 20, which is comprised of Bishan and Ang Mo Kio. Bishan is home to three prestigious schools, including Raffles Institution, Raffles Girls' School and Catholic High School. It appeals as one of the most expensive HDB towns in Singapore due to its close proximity to the Central Business District and good accessibility via public transportation, with connections to both North-South Line and Circle Line. Bishan is known for its distinguishing sloped roofs found on many of the HDB Blocks. Ang Mo Kio is designated as Singapore's first walking and cycling town as part of the Singapore government's efforts to build a car-lite country. Shopping and dining options are available at AMK Hub, a suburban mall located in the heart of Ang Mo Kio. The mall is connected to Ang Mo Kio Bus Interchange, which is linked to Ang Mo Kio MRT station via an underpass.

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
"Great Location - Buona Vista and Dhoby Ghaut are within 15 min travel time. Beautiful landscaping. Units are spacious. Peaceful surroundings. "
k************n@gmail.com
Owner     |   04 Jan 2021
1
"Rent is too expensive considering the fact that the rooms are moldy along with run down walls and infrastructure that is considered as non-functional. There was a gas leak on the first day and when help came, I told them about the moldy rooms and they just shrugged and left. 0/5."
T** D*** W*** A****
Google Review     |   28 Nov 2021
1
"Just shifted out from a rental unit on the 6th floor of Rafflesia. A terrible rental experience i must say - air condition units that were leaking gas (which required topping up every 6 weeks), moldy bedroom doors and rotting toilet doors, old electrical wiring system that caused bulbs to blow easily and fixing required more than new bulbs, faulty main door closing system which caused door to slam and oil to leak. Not to mention a neighbour upstairs who would start slamming their sliding wardrobe doors at 5+ in the morning!"
M** O**
Google Review     |   26 Dec 2020
5
"Near J8 and has private play rooms, meeting rooms with toilet. Security guard is super nice too."
R************
Google Review     |   03 Jan 2018
5
"Great place.. greeny. The pool s superb."
S******* M****
Google Review     |   30 Jun 2017
5
"A beautiful condominium nestled in the green serene surrounding with Marymount MRT barely 800 meters away."
K****** D**
Google Review     |   18 Oct 2016
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
31
1
1

RAFFLESIA CONDOMINIUM - 31 - 1 - 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 RAFFLESIA CONDOMINIUM (Limited to 10)

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Asking Price of RAFFLESIA CONDOMINIUM

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

Listed On
Days in Market
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Agent NameAgent Mobile
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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 RAFFLESIA CONDOMINIUM

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Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
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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.

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Completion Date
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Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

No data

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Property News

EC does it – 65% profit margin for EC sold in 2014 & 2015

FAQs about RAFFLESIA CONDOMINIUM

What is the nearest MRT Station to RAFFLESIA CONDOMINIUM ?
The nearest MRT Station from RAFFLESIA CONDOMINIUM is Marymount CC16 MRT

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