Tan Tong Meng Tower
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*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.
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Description
Tan Tong Meng Tower is a freehold apartment completed in 1976. The development occupies a land area of 4,144 sqm and a Gross Floor Area of 11,604 sqm. It consists of 35 units. According to records, buyers of this development are Singaporean 54.8%, PR 19.4%, Foreigner 25.8%, Company 0.0%.
TAN TONG MENG TOWER is located along Thomson Road in Novena, in District 11. It is accessible through the nearest MRTs including Mount Pleasant TE10 and Toa Payoh NS19.
Based on transaction data in the last 12 months, sale prices range from S$ 1,142 psf to S$ 1,142 psf at an average of S$ 1,142 psf. Its highest recorded transaction was S$ 1,142 psf in Aug 2021 for a 3,240-sqft unit. Its lowest recorded transaction was S$ 265 psf in Nov 1998 for a 3,240-sqft unit. Its current rental yield is at 2.2%. Other nearby amenities include: 3 Grocerie(s): CAVEMEN PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): VIIO @ Balestier, Zhongshan Mall, Square 2.
Buyers and tenants are attracted to District 11, which is comprised of Thomson, Watten Estate, Novena and Newton. This area is famous for a number of renowned schools, religious houses and elite residential estates. With forests and reservoirs scattered around the Thomson area, property prices here are significantly higher compared to other parts of Singapore. The Watten district next to Bukit Timah is one of the most prestigious locations for residential estates in Singapore, sharing forest and golf course greenery as well as being close to Singapore’s Central Business District. Novena is home to the Inland Revenue Authority Building and Singapore’s largest medical centre, Tan Tock Seng Hospital. Although Newton’s pace of life is relatively slow compared to neighbouring Tanglin and Orchard, its residential properties remain expensive, as it’s strategically located between Orchard Road and Bukit Timah.
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.
TAN TONG MENG TOWER is located along Thomson Road in Novena, in District 11. It is accessible through the nearest MRTs including Mount Pleasant TE10 and Toa Payoh NS19.
Based on transaction data in the last 12 months, sale prices range from S$ 1,142 psf to S$ 1,142 psf at an average of S$ 1,142 psf. Its highest recorded transaction was S$ 1,142 psf in Aug 2021 for a 3,240-sqft unit. Its lowest recorded transaction was S$ 265 psf in Nov 1998 for a 3,240-sqft unit. Its current rental yield is at 2.2%. Other nearby amenities include: 3 Grocerie(s): CAVEMEN PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): VIIO @ Balestier, Zhongshan Mall, Square 2.
Buyers and tenants are attracted to District 11, which is comprised of Thomson, Watten Estate, Novena and Newton. This area is famous for a number of renowned schools, religious houses and elite residential estates. With forests and reservoirs scattered around the Thomson area, property prices here are significantly higher compared to other parts of Singapore. The Watten district next to Bukit Timah is one of the most prestigious locations for residential estates in Singapore, sharing forest and golf course greenery as well as being close to Singapore’s Central Business District. Novena is home to the Inland Revenue Authority Building and Singapore’s largest medical centre, Tan Tock Seng Hospital. Although Newton’s pace of life is relatively slow compared to neighbouring Tanglin and Orchard, its residential properties remain expensive, as it’s strategically located between Orchard Road and Bukit Timah.
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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Nearby Amenities
Source: URA, www.edgeprop.sg
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Size Distribution
Source: URA, https://www.edgeprop.sg
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Source: URA, https://www.edgeprop.sg
Unit Mix
Sales Transaction of TAN TONG MENG TOWER
Source: URA, https://www.edgeprop.sg
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Asking Price of TAN TONG MENG TOWER
Source: URA, https://www.edgeprop.sg
For Sales
For Rent
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 Transactions of TAN TONG MENG TOWER
Source: URA, https://www.edgeprop.sg
Rental Trends
Source: URA, https://www.edgeprop.sg
Average Rental Yield Analysis
Source: URA, https://www.edgeprop.sg
*Based on transactions and rents in the past 6 months.
Historical Quarterly Rental
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 |
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