A 570 sq ft, one-bedroom unit at City Square Residences is looking for buyers on TheEdgeProperty.com at $950,000 ($1,667 psf).
Completed in 2009, City Square Residences was developed by City Developments. It is also located about 300m from Farrer Park MRT station. The 910-unit development is a freehold condominium project on Kitchener Link, just across the road from City Square Mall. Schools within 2km from the property include Farrer Park Primary School and Stamford Primary School
In March 2016, two 570 sq ft units were sold for $980,000 ($1,718 psf) and $955,000 ($1,674 psf) respectively. There were seven rental contracts for 500 to 600 sq ft units in November 2016. Monthly rents averaged $2,686, which translates into a potential gross rental yield of 3.4%.
Recent transactions of 570 sq ft units at City Square Residences
Recent rental contracts for 500 to 600 sq ft units at City Square Residences