Ritz Regency

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 0
 0

Sale Price *

Average
S$ 1,558 psf
Range
S$ 1,558 - 1,558 psf

Rental Price **

Average
S$ 3.8 psf pm
Range
S$ 3.2 - 4.1 psf pm

Rental Yield **

2.9%

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
Ritz Regency is a freehold apartment completed in 2009. It is developed by KWANG LEE HANG PTE LTD. The development occupies a land area of 24,507 sqm and a Gross Floor Area of 68,621 sqm. It consists of 27 units. According to records, buyers of this development are Singaporean 80.0%, PR 11.1%, Foreigner 6.7%, Company 2.2%.

RITZ REGENCY is located along Ipoh Lane in Geylang, in District 15. It is accessible through the nearest MRTs including Dakota CC8 and Paya Lebar CC9, EW8.

Based on transaction data in the last 12 months, sale prices range from S$ 1,558 psf to S$ 1,558 psf at an average of S$ 1,558 psf. Its highest recorded transaction was S$ 1,558 psf in Aug 2022 for a 1,270-sqft unit. Its lowest recorded transaction was S$ 764 psf in Aug 2016 for a 3,143-sqft unit. Its current rental yield is at 2.9%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, THE SEAFOOD MARKET PLACE (BY SONG FISH) PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): CITY PLAZA, TANJONG KATONG COMPLEX, JOO CHIAT COMPLEX.

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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5
"An amazing experience! Highly recommend. This was the best hotel that my partner and I stayed at for our honeymoon. People were incredible, they made our honeymoon significantly more enjoyable and made us feel important as a customer and friend. Will be coming back when we visit Singapore again! Shoutiut the Dickson for being an amazing person going above and beyond with their service!"
I* R***
Google Review     |   09 Jun 2022
4
"Never fail to impress me. Well maintain, clean n fresh upon entering. From door man, n all staff's very well mannered. Very alert n they go out off their way to provide their service. Well done. Love this place."
L** S***
Google Review     |   03 Jun 2022
5
"Best hotel we have stayed in in Singapore ! We had the opportunity to stay in different top hotels in Singapore so we could try what they had to offer. This was the hotel we came to after spending the night at Marina Bay Sands the night before and with regards to service standards and rooms it was quite an upgrade. The view from our suite was fantastic and i loved the hexagonal bay window in our bedroom that framed the view in almost a kaleidoscope fashion. We were also given a room upgrade which was a pleasant surprise."
R*** M
Google Review     |   10 Apr 2022
4
"Nice hotel for staycation. But check in was delayed and not the best experience."
L**
Google Review     |   19 Sep 2020
5
"One of the hotel I will always stay for staycation."
C**** S***
Google Review     |   13 Sep 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
8
2
1

RITZ REGENCY - 8 - 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 RITZ REGENCY (Limited to 10)

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Source

Asking Price of RITZ REGENCY

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 RITZ REGENCY

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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