Singapore Gems Building

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Singapore Gems Building is a leasehold (99 yrs from 1958) industrial property..

SINGAPORE GEMS BUILDING is located along Kung Chong Road in Bukit Merah, in District 3. It is accessible through the nearest MRTs including Redhill EW18 and Queenstown EW19. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): IKEA ALEXANDRA, Alexandra Central (U/C - TOP : 30 June 2016), ANCHORPOINT SHOPPING CENTRE.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 773 psf in Sep 2017 for a 17,470 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 773 psf in Sep 2017 for a 17,470 sqft unit for Factory (All Types).

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

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
"quite nice stuff offered"
J***** C****
Google Review     |   21 May 2019
4
"They are in clearance sale mode... Good ones are already sold...."
K***** V********
Google Review     |   13 Aug 2018
5
"One of a place, from gems & stones they made beautiful paintings and models. You fall in love with gems and stones after visiting this place."
N**** S*****
Google Review     |   29 Mar 2017
3
"24.11.2000 UC"
Y M******
Google Review     |   13 Jun 2016
5
"was the best would love to shop their love the place ."
K**** B*******
Google Review     |   18 May 2014
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Nearby Amenities

(Within 500m)

Source: URA,www.edgeprop.sg

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Sales Transaction of Kung Chong Road (Limited to 10)

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Asking Price of SINGAPORE GEMS BUILDING

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Kung Chong Road

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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