Cairnhill Crest
Details
Developer | : | GLENFIELD INVESTMENTS PTE LTD |
Architect | : | DP ARCHITECTS PTE LTD |
Main Contractor | : | HEXACON CONSTRUCTION PTE LTD |
Est. Land Size (sqm) | : | 14,511 |
Master Plan GFA (sqm) | : | 40,623 |
Master Plan Plot Ratio | : | 2.80 |
Project Name | : | CAIRNHILL CREST |
Street Name | : | Cairnhill Circle |
Postal Code | : |
|
Property Type | : | Condominium |
Tenure | : | Freehold |
District/Planning Area | : | D9 / Newton |
Region | : | CCR |
Completion | : | 2004 |
Number of Units | : | 248 units |
Indicative Price Range / Average* | : | S$ 2,022 - S$ 2,284 psf / S$ 2,167 psf |
Indicative Rental Range / Average** | : | S$ 3.1 - S$ 5.9 psf pm / S$ 4.9 psf pm |
Implied Rental Yield** | : | 2.7% |
Historical High | : | S$ 2,802 psf in Jul 2007 for a 1,970-sqft unit |
Indicative Average Price from Historical High | : | -22.7% |
Historical Low | : | S$ 1,032 psf in Dec 2005 for a 1,938-sqft unit |
Buyer Profile by Residential Status | : | Singaporean 37.6%, PR 14.6%, Foreigner 40.7%, Company 7.1% |
Buyer Profile by Purchaser Address | : | HDB 12.3%, Private 87.7% |
*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.
CAIRNHILL CREST is located along Cairnhill Circle in Newton, in District 9. It is accessible through the nearest MRTs including Somerset NS23 and Newton DT11, NS21.
Based on transaction data in the last 12 months, sale prices range from S$ 2,022 psf to S$ 2,284 psf at an average of S$ 2,167 psf. Its highest recorded transaction was S$ 2,802 psf in Jul 2007 for a 1,970-sqft unit. Its lowest recorded transaction was S$ 1,032 psf in Dec 2005 for a 1,938-sqft unit. Its current rental yield is at 2.7%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., and 3 Shopping Mall(s): Paragon Shopping Centre, The Heeren, The Centrepoint.
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.
Within 500m
CAIRNHILL CREST - 2 - 1 - 1
Graph Data
Table Data
Sales Transaction of CAIRNHILL CREST
Asking Price of CAIRNHILL CREST
Source: URA, https://www.edgeprop.sg
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
Rental Trends
Source: URA, https://www.edgeprop.sg
Price Comparison with Nearby Properties (UP to 10)
(Within 1000 meters)
Source: URA, https://www.edgeprop.sg
Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.
Nearby Land Sales
Status | Street Name | Location | Land Attributes | Estimated Breakeven |
---|---|---|---|---|
Not Awarded on JUL 2022 | 30 Mount Elizabeth | Site Use Residential Tenure fh Plot Ratio 2.8 Site Area (sqm) 4,423 Site GFA (sqm) 19,824 Highest Bid ($M) 568.8 Highest Bid ($PSF) 2,508 Number of Bids - | Land ($M) 568.8 Construction ($M) 83.2 Land Financing ($M) 89.6 Profesional / Legal / Taxes ($M) 78.2 Marketing / Others ($M) 49.2 Estimated Total Cost ($M) 869.0 Estimated Breakeven ($psf ppr) 4,073 | |
Not Awarded on JAN 2023 | Cairnhill Road | Site Use Residential Tenure fh Plot Ratio 2.8 Site Area (sqm) 2,017 Site GFA (sqm) 6,753 Highest Bid ($M) 175.6 Highest Bid ($PSF) 2,257 Number of Bids - | Land ($M) 175.6 Construction ($M) 28.3 Land Financing ($M) 27.7 Profesional / Legal / Taxes ($M) 24.5 Marketing / Others ($M) 15.4 Estimated Total Cost ($M) 271.4 Estimated Breakeven ($psf ppr) 3,734 | |
Not Awarded on MAY 2023 | 64 Wilkie Road | Site Use Residential Tenure fh Plot Ratio 2.1 Site Area (sqm) 307 Site GFA (sqm) 645 Highest Bid ($M) 10.0 Highest Bid ($PSF) 1,348 Number of Bids - | Land ($M) 10 Construction ($M) 2.7 Land Financing ($M) 1.6 Profesional / Legal / Taxes ($M) 1.5 Marketing / Others ($M) 0.9 Estimated Total Cost ($M) 16.8 Estimated Breakeven ($psf ppr) 2,413 |
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