Average Rental Yield Analysis
Source: URA, https://www.edgeprop.sg
*Based on transactions and rents in the past 6 months.
The Teneriffe
Details
No data |
*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.
Facilities
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Description
The Teneriffe is a leasehold (99 yrs from 1996) terrace house, detached house. It is developed by TENERIFFE DEVELOPMENT PTE LTD and designed by 2 BY 4 ARCHITECTS IN ASSOCIATION. The development occupies a land area of 23,320 sqm. It consists of 148 units. According to records, buyers of this development are Singaporean 89.0%, PR 7.2%, Foreigner 1.0%, Company 2.1%.
THE TENERIFFE is located along Laurel Wood Avenue in Bukit Timah, in District 10. It is accessible through the nearest MRTs including Sixth Avenue DT7 and King Albert Park DT6.
Based on transaction data in the last 12 months, sale prices range from S$ 1,090 psf to S$ 1,125 psf at an average of S$ 1,107 psf. Its highest recorded transaction was S$ 1,131 psf in Aug 2023 for a 3,165-sqft unit. Its lowest recorded transaction was S$ 352 psf in Aug 2000 for a 4,047-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 1 Grocerie: COLD STORAGE SINGAPORE (1983) PTE LTD.
Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.
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.
THE TENERIFFE is located along Laurel Wood Avenue in Bukit Timah, in District 10. It is accessible through the nearest MRTs including Sixth Avenue DT7 and King Albert Park DT6.
Based on transaction data in the last 12 months, sale prices range from S$ 1,090 psf to S$ 1,125 psf at an average of S$ 1,107 psf. Its highest recorded transaction was S$ 1,131 psf in Aug 2023 for a 3,165-sqft unit. Its lowest recorded transaction was S$ 352 psf in Aug 2000 for a 4,047-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 1 Grocerie: COLD STORAGE SINGAPORE (1983) PTE LTD.
Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.
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.
What they say
Live Here? Tell us more
5
"Nice blk"
A** T****
Google Review | 08 Apr 2022
5
"Excellent condo with a wonderful pool! 4-storey row houses that have lovely layouts and plenty of privacy."
S******* I***
Google Review | 04 Feb 2022
1
"I lived here over 3 years and the security still asking me if i live here and if i say yes he let me in .... lol
Very poor management here ....."
G* G* G*
Google Review | 14 Jan 2022
5
"We had the opportunity to reupholster some of the furniture for the residents here. Friendly and lovely environment, love it here."
C********** F*******
Google Review | 17 Aug 2021
4
"If you love quiet place to live in, this is the place to consider."
D** S**
Google Review | 29 Aug 2020
Live Here? Tell us more
Nearby Amenities
Source: URA, www.edgeprop.sg
All Nearby Amenities
Within 500m
Transport
School
Eat & Shop
Others
Bus Stops
7Size 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
Sales Transaction of THE TENERIFFE
Source: URA, https://www.edgeprop.sg
ALL SALES TRANSACTION (0)
PROFITABLE SALES (0)
UNPROFITABLE SALES (0)
ALL ABORTED TRANSACTION (0)
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Asking Price of THE TENERIFFE
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 THE TENERIFFE
Source: URA, https://www.edgeprop.sg
Rental Trends
Source: URA, https://www.edgeprop.sg
Historical Quarterly Rental
Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months (By Street)
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 |
|---|---|---|---|---|
| - | ||||
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FOR RENT
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Brandon Chia
Jay Sim
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