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BELOW $1 MILLION: Freehold shoebox unit near Dhoby Ghaut

By Tan Chee Yuen

/ The Edge Property |

October 12, 2016 12:57 PM SGT

A 484 sq ft unit at Mount Sophia Suites has been listed for sale at $900,000, or $1,860 psf.

Mount Sophia Suites is a freehold apartment on Sophia Road. Completed in 2010, the 50-unit development is within 300m from Dhoby Ghaut MRT interchange and Plaza Singapura. Schools within 2km radius include St Margaret’s Primary School and Stamford Primary School.

There were seven rental contracts for 400 sq ft to 500 sq ft units in the past six months. Monthly rents averaged $2,421, which translates into a potential gross rental yield of 3.2%.

For more information, call marketing agent Lawrence Tan at 9889 2074.

Recent rental contracts at Mount Sophia Suites for 400 sq ft to 500 sq ft units

Lease date	Monthly rent
	($)	($psf)
Aug-16	2,300	5.10
Aug-16	2,200	4.90
Jul-16	2,400	5.30
Jul-16	2,350	5.20
Jun-16	2,700	6.00
May-16	2,500	5.60
Apr-16	2,500	5.60

Source: URA, The Edge Property

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BELOW $1 MILLION Mount Sophia Suites

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