The Octet

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  1
 2
 0

Sale Price *

Average
S$ 1,507 psf
Range
S$ 1,486 - 1,528 psf

Rental Price **

Average
S$ 5.9 psf pm
Range
S$ 4.4 - 7.6 psf pm

Rental Yield **

4.7%

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

Amenities

3.8
3.8

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 Octet is a freehold apartment completed in 2016. It is developed by OSMO CAPITAL PTE LTD. The development occupies a land area of 203 sqm and a Gross Floor Area of 567 sqm. It consists of 56 units. According to records, buyers of this development are Singaporean 64.7%, PR 25.0%, Foreigner 10.3%, Company 0.0%.

THE OCTET is located along LORONG 24 GEYLANG in Geylang, in District 14. It is accessible through the nearest MRTs including Aljunied EW9 and Mountbatten CC7.

Based on transaction data in the last 12 months, sale prices range from S$ 1,486 psf to S$ 1,528 psf at an average of S$ 1,507 psf. Its highest recorded transaction was S$ 1,528 psf in Jun 2023 for a 431-sqft unit. Its lowest recorded transaction was S$ 1,161 psf in Feb 2020 for a 431-sqft unit. Its current rental yield is at 4.7%. Other nearby amenities include: 3 Grocerie(s): HAO MART PTE. LTD., I-TEC SUPERMART PTE LTD, YEO HOCK HENG, and 2 Shopping Mall(s): GUILLEMARD VILLAGE, Pavilion Square.

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.
show more
What they say
Live Here? Tell us more
Write a review
2
"No parking and small but near town"
K C
Google Review     |   24 Mar 2018
5
"I love this place very cool .. very clean and they have pool for relaxation with treadmill and the hotels are really good for small family"
D****** A***********
Google Review     |   24 Feb 2018
Live Here? Tell us more
Write a review
Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
23
2
1

THE OCTET - 23 - 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 THE OCTET (Limited to 10)

Unit Search
#
There are 0 more transactions. You can see them all if you are a Pro User. Click to learn more.

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

Asking Price of THE OCTET

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 OCTET

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
-

Listings

View More

thumb-images
10
$790,000
  • 32% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D14
  • 2016
  • Freehold
  • S$ 1,630 psf
  • LORONG 24 GEYLANG
Lucas Chen
send_enquiry

View More
No Recent News

FAQs about THE OCTET

What is the nearest MRT Station to THE OCTET ?
The nearest MRT Station from THE OCTET is Aljunied EW9 MRT

Similar properties