The Centrepoint

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 2,529 psf
Range
S$ 2,189 - 2,962 psf

Rental Price **

Average
S$ 4.6 psf pm
Range
S$ 3.0 - 5.9 psf pm

Rental Yield **

2.2%

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

Amenities

4.3
4.3

Convenience

4.2
4.2

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
The Centrepoint is a leasehold (99 yrs from 1979) apartment completed in 1983. The development occupies a land area of 8,472 sqm and a Gross Floor Area of 41,512 sqm. It consists of 66 units. According to records, buyers of this development are Singaporean 59.0%, PR 9.0%, Foreigner 10.0%, Company 22.0%.

THE CENTREPOINT is located along Orchard Road in Orchard, in District 9. It is accessible through the nearest MRTs including Somerset NS23 and Dhoby Ghaut CC1, NE6, NS24.

Based on transaction data in the last 12 months, sale prices range from S$ 2,189 psf to S$ 2,962 psf at an average of S$ 2,529 psf. Its highest recorded transaction was S$ 2,962 psf in Jan 2024 for a 743-sqft unit. Its lowest recorded transaction was S$ 2,189 psf in Mar 2024 for a 1,119-sqft unit. Its current rental yield is at 2.2%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): The Centrepoint, Orchard Central, Orchard Gateway.

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
Live Here? Tell us more
Write a review
4
"This place had changed much since last visit 3 years ago. There were some shops closed n some changed it was not as crowded as before. Saw most of the visitors came here for lunch n take away. Hopefully more shops are open n can bring back the crowd."
K** C*** L**
Google Review     |   20 Jul 2022
4
"Love buying housewares here. Great choice without pushy sales people. Good brand products for the kitchen and home on the fourth floor is my favorite"
A***** Â********* D*
Google Review     |   08 Jun 2022
5
"Very nice and spacious mall with a quiet ambience. Loved patronising the restaurants here as most of them are good and nice. Basement area also has a wide assortment of different types of restaurants. There are numerous spas for facials and massages here too."
J**** L
Google Review     |   08 Jun 2022
5
"A place to relax with a wide choice of local and international eateries, and cafes. Located at the back are up-market spas, hair salons and specialist clinics. Conveniently accessed via Orchard Central, one can escape to peace and quiet, yet right in the middle of Orchard area"
O***** N*
Google Review     |   10 May 2022
4
"There is shot queue in centrepoint "
J C
Google Review     |   02 Sep 2020
Live Here? Tell us more
Write a review
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 THE CENTREPOINT

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

Asking Price of THE CENTREPOINT

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 THE CENTREPOINT

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

No data

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Property News

JustCo unveils its first tech-enabled workspace at The Centrepoint

Property News

Remote working emphasises importance of co-working community: JustCo

Property News

JustCo: Working from home to lead more companies to embrace flexible workspace

Property News

Unit at The Balmoral reaps $1.77 mil profit

Property News

JustCo to open new co-working centre at The Centrepoint in 3Q2020

FAQs about THE CENTREPOINT

What is the nearest MRT Station to THE CENTREPOINT ?
The nearest MRT Station from THE CENTREPOINT is Somerset NS23 MRT

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