Richmond Park

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  5
 0
 0

Sale Price *

Average
S$ 3,278 psf
Range
S$ 3,278 - 3,278 psf

Rental Price **

Average
S$ 5.3 psf pm
Range
S$ 3.4 - 7.1 psf pm

Rental Yield **

1.9%

Rental income expressed as a percentage of the property's value.

Amenities

4.3
4.3

Convenience

3.7
3.7

Connectivity

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
0 Facilities Available
Description
Richmond Park is a freehold condominium completed in 1996. The development occupies a land area of 8,397 sqm and a Gross Floor Area of 23,510 sqm. It consists of 159 units. According to records, buyers of this development are Singaporean 25.0%, PR 11.6%, Foreigner 48.6%, Company 11.1%.

RICHMOND PARK is located along Bideford Road in Newton, in District 9. It is accessible through the nearest MRTs including Orchard TE14, NS22 and Somerset NS23.

Based on transaction data in the last 12 months, sale prices range from S$ 3,278 psf to S$ 3,278 psf at an average of S$ 3,278 psf. Its highest recorded transaction was S$ 3,278 psf in Jul 2022 for a 1,733-sqft unit. Its lowest recorded transaction was S$ 927 psf in Dec 2004 for a 1,012-sqft unit. Its current rental yield is at 1.9%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): Paragon Shopping Centre, The Heeren, Lucky Plaza.

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.
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What they say
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5
"Great amenities!! And location is awesome !! Staff is great and very friendly !!"
A**** S***
Google Review     |   22 May 2022
5
"Prime strategic property location"
T***** W
Google Review     |   26 Feb 2022
1
"Unfriendly and rude security guard. It made me decided not to rent a unit there"
H** X***
Google Review     |   11 Dec 2021
1
"Limited parking space. Lousy security service. Not enough places to go around."
T***** T*******
Google Review     |   12 Jun 2021
5
"Lovely place. Cant beat the location. Management and security team are amazing. Great facilities."
S***** P****
Google Review     |   20 Jan 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of RICHMOND PARK

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of RICHMOND PARK

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

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

Price Trends

Volume Trends

No data
Rental Transactions of RICHMOND PARK

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
9
$3,980,000
  • 39% Rental Volume

  • 2 beds
  • 3 baths
  • Condominium
  • D9
  • 1996
  • Freehold
  • S$ 3,080 psf
  • Bideford Road
Foo Hoo Seng
send_enquiry
thumb-images
9
$5,300,000
  • 39% Rental Volume

  • 3 beds
  • 3 baths
  • Condominium
  • D9
  • 1996
  • Freehold
  • S$ 3,420 psf
  • Bideford Road
Evonne J.Y. Yeo
send_enquiry
thumb-images
10
$5,300,000
  • 39% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D9
  • 1996
  • Freehold
  • S$ 3,420 psf
  • Bideford Road
Cecilia Joanita
send_enquiry

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Richmond Park prices return to pre-2013 levels of above $2,600 psf

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FAQs about RICHMOND PARK

What is the nearest MRT Station to RICHMOND PARK ?
The nearest MRT Station from RICHMOND PARK is Orchard NS22 MRT

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