The Beacon

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  1
 0
 0

Sale Price *

Average
S$ 1,589 psf
Range
S$ 1,396 - 1,691 psf

Rental Price **

Average
S$ 4.9 psf pm
Range
S$ 3.2 - 6.1 psf pm

Rental Yield **

3.7%

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

Amenities

4.2
4.2

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
The Beacon is a leasehold (99 yrs from 2004) apartment completed in 2008. It is developed by CANTONMENT REALTY PTE LTD and designed by AXIS ARCHITECTS PLANNERS. The development occupies a land area of 3,742 sqm and a Gross Floor Area of 13,099 sqm. It consists of 124 units. According to records, buyers of this development are Singaporean 69.2%, PR 19.7%, Foreigner 10.4%, Company 0.7%.

THE BEACON is located along Cantonment Road in Bukit Merah, in District 2. It is accessible through the nearest MRTs including Outram Park EW16, NE3, TE17 and Tanjong Pagar EW15.

Based on transaction data in the last 12 months, sale prices range from S$ 1,396 psf to S$ 1,691 psf at an average of S$ 1,589 psf. Its highest recorded transaction was S$ 1,691 psf in May 2023 for a 807-sqft unit. Its lowest recorded transaction was S$ 510 psf in Jun 2006 for a 1,485-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., and 3 Shopping Mall(s): TANJONG PAGAR PLAZA, AMARA SHOPPING CENTRE, 100 AM.

Buyers and tenants are attracted to District 2, which consists of Anson Road, Tanjong Pagar and Chinatown. Many buildings in District 2 have undergone upgrades, keeping pace with Singapore’s property evolution. As such, spanning across this busy metropolitan area are high-rise office buildings, residential blocks and commercial structures. Anson Road is renowned for its residential and commercial towers. Chinatown, just a stone’s throw away, is a distinctively historical and cultural enclave where major points have been declared national heritage sites. For foodies, one can find a wide variety of affordable and authentic local dishes at The Maxwell Food Centre that houses hawkers from the vicinity. District 2 is also home to Pinnacle @ Duxton, an iconic HDB project with seven 50-storey tower blocks linked with sky gardens at the 26th and 50th storeys that offer panoramic views of the city.

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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4.8
"Fantastic location, reasonably priced, well maintained building and facilities which doesn't show its age, friendly neighbours in an amazing neighbour just shy of the CBD"
E*****
Tenant     |   07 Feb 2023
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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SchoolSchool
Eat & ShopEat & Shop
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Floor Plans
130
3
1

THE BEACON - 130 - 3 - 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 THE BEACON (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 THE BEACON

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 THE BEACON

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
$2,080,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D2
  • 2008
  • 99 years
  • S$ 1,790 psf
  • Cantonment Road
Michelle Tan
send_enquiry
thumb-images
10
$2,050,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D2
  • 2008
  • 99 years
  • S$ 1,760 psf
  • Cantonment Road
Zhen (Florence) Zheng
send_enquiry

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FAQs about THE BEACON

What is the nearest MRT Station to THE BEACON ?
The nearest MRT Station from THE BEACON is Outram Park NE3,EW16 MRT

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