The Paterson Edge

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  4
 0
 0

Sale Price *

Average
S$ 2,398 psf
Range
S$ 2,398 - 2,398 psf

Rental Price **

Average
S$ 6.1 psf pm
Range
S$ 4.4 - 7.2 psf pm

Rental Yield **

3.0%

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

Amenities

4.1
4.1

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 Paterson Edge is a freehold apartment completed in 1999. The development occupies a land area of 2,053 sqm and a Gross Floor Area of 5,749 sqm. It consists of 61 units. According to records, buyers of this development are Singaporean 70.1%, PR 10.4%, Foreigner 14.9%, Company 3.0%.

THE PATERSON EDGE is located along Paterson Road in River Valley, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Orchard Boulevard TE13.

Based on transaction data in the last 12 months, sale prices range from S$ 2,398 psf to S$ 2,398 psf at an average of S$ 2,398 psf. Its highest recorded transaction was S$ 2,615 psf in Jul 2013 for a 872-sqft unit. Its lowest recorded transaction was S$ 1,043 psf in Mar 2006 for a 1,281-sqft unit. Its current rental yield is at 3.0%. Other nearby amenities include: 3 Grocerie(s): ISETAN (SINGAPORE) LIMITED?, SUPERNATURE PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): WHEELOCK PLACE, ION ORCHARD, ORCHARD TURN.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

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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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 THE PATERSON EDGE (Limited to 10)

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

Asking Price of THE PATERSON EDGE

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 PATERSON EDGE

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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1
$2,500,000
  • 36% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D9
  • 1999
  • Freehold
  • S$ 2,530 psf
  • Paterson Road
Raymond Lim
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FAQs about THE PATERSON EDGE

What is the nearest MRT Station to THE PATERSON EDGE ?
The nearest MRT Station from THE PATERSON EDGE is Orchard NS22,TE14 MRT

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