The Urbanite

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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Sale Price *

Average
S$ 1,613 psf
Range
S$ 1,584 - 1,641 psf

Rental Price **

Average
S$ 5.4 psf pm
Range
S$ 4.1 - 7.1 psf pm

Rental Yield **

4.0%

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

Amenities

2.9
2.9

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
The Urbanite is a freehold apartment, condominium completed in 2014. It is developed by HERTFORD DEVELOPMENT PTE LTD. The development occupies a land area of 1,852 sqm and a Gross Floor Area of 1,029 sqm. It consists of 46 units. According to records, buyers of this development are Singaporean 83.6%, PR 6.6%, Foreigner 8.2%, Company 1.6%.

THE URBANITE is located along Hertford Road in Kallang, in District 8. It is accessible through the nearest MRTs including Farrer Park NE8 and Little India DT12, NE7.

Based on transaction data in the last 12 months, sale prices range from S$ 1,584 psf to S$ 1,641 psf at an average of S$ 1,613 psf. Its highest recorded transaction was S$ 1,734 psf in May 2014 for a 484-sqft unit. Its lowest recorded transaction was S$ 1,163 psf in Sep 2011 for a 1,184-sqft unit. Its current rental yield is at 4.0%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): UNITED SQUARE, GOLDHILL SHOPPING CENTRE, GOLDHILL PLAZA.

Buyers and tenants are attracted to District 8, which includes Farrer Park, Little India and the area around Serangoon Road. A large proportion of Little India and Farrer Park’s properties are shophouses zoned as commercial/residential, with commercial on the ground floor and homes or apartments above. The area around Serangoon MRT is particularly well served by public transport as Serangoon MRT is an interchange between the Circle Line and North-East Line, and it is also connected to the Serangoon Bus Interchange. Additionally, Little India MRT has links to both the North-East Line and Downtown Line. The large numbers of shophouses in District 8 offers a quaint and unique boutique experience to discerning shoppers looking for a break from the generic, sprawling malls. The district's shophouses are becoming increasingly popular as investment properties, too, especially to investors looking to benefit from their relative scarcity in Singapore and their proximity to the Downtown Core.

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
"Visited a friends home. Simple facilities but really clean and near the metro station Farrer Park Mrt. Will consider to purchase a studio here as condo fees are not exorbitant yet place is in upmarket central district"
J*** F**
Google Review     |   14 Jul 2021
5
"A nice development located near to KK Hospital, Pek Kio Market, Novena and Little India area. City fringe and quiet within the mainly low rise residential area. Expat living. Good amenities. Accessible with mrt and busses. Near CBD. City living in quiet enclave"
R** W*****
Google Review     |   26 Jun 2021
5
"well maintained, clean, quiet living near mrts and amenities nearby"
C**** P***
Google Review     |   19 Jun 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
29
1
1

THE URBANITE - 29 - 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 THE URBANITE (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 URBANITE

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 URBANITE

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
$838,000
  • 39% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D8
  • 2014
  • Freehold
  • S$ 1,730 psf
  • Hertford Road
Wendy Teh
send_enquiry
thumb-images
10
$1,330,000
  • 39% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D8
  • 2014
  • Freehold
  • S$ 1,420 psf
  • Hertford Road
Micah Lim
send_enquiry

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Property News

BELOW $1 MILLION: Freehold one-bedder in Farrer Park

Property News

BELOW $1 MILLION: Freehold apartment in Farrer Park

FAQs about THE URBANITE

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