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Deal Watch
BELOW $1 MILLION: Freehold two-bedder in Balestier
By Metta Lee | May 11, 2016

A 797-sq ft, two-bedroom unit at Bliss Loft has been listed on TheEdgeProperty.com at $890,000, or $1,117 psf.

Bliss Loft is a 48-unit freehold apartment located on Kim Keat Close, which was completed in 2012. Amenities in the vicinity include Shaw Plaza and Tan Tock Seng Hospital.

Schools within a 1 km radius include Balestier Hill Primary School, Balestier Hill Secondary School and St Joseph Institution (Junior).

For the past six months, there were three contracts for 700 to 800 sq ft units in Bliss Loft. Monthly rents for these contracts averaged $2,750, or $3.67 psf, which translates into a potential gross rental yield of 3.7% based on the asking price of $890,000.

Recent transactions at Bliss Loft



Source: URA, The Edge Property

Recent rental contracts for 700 to 800 sq ft units at Bliss Loft

Source: URA, The Edge Property

Click here for more listings at Bliss Loft and nearby projects.


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