DEAL WATCH: Freehold condominium in Pasir Ris selling at $808 psf

By Metta Lee
/ The Edge Property |
A 1,281-sq ft, three-bedroom unit at Avila Gardens on Flora Road has been listed on TheEdgeProperty.com at $1,035,000, or $808 psf. The Edge Fair Value, a valuation tool on The EdgeProperty.com, puts the indicative value of the property at $882 psf.
The property’s last transaction was in January 2016, when a smaller 893 sq ft unit was sold for $810,000, or $907 psf. The latest transaction involving a similar unit was in in November 2013, when another 1,281 sq ft unit changed hands for $1.2 million, or $937 psf.
A 1,281 sq ft unit at Avila Gardens on Flora Road​ is being put up for sale at $1.035 million.
Advertisement
Click here for more listings at Avila Garden and nearby projects
Avila Gardens is a 347-unit freehold condominium in Pasir Ris which was completed in 1995. Its vicinity is predominantly landed homes and private condominiums. The area is well-connected via major expressways, including Tampines Expressway and Pan Island Expressway.
Major commercial nodes nearby include Changi Airport, Changi Business Park and Airport Logistics Park. In the past six months, there were five rental contracts for three-bedroom units at Avila Gardens. Monthly rents for these contracts averaged $2,390.
For more information, call marketing agent Den Irya Jasmani at 8222 1597.
Historical transactions at Avila Gardens
Contract date
Floor area (sf)
Price ($)
Price ($ psf)
January 11, 2016
893
810,000
907
November 23, 2015
1,755
1,350,000
769
May 28, 2015
1,604
1,250,000
779
September 15, 2014
893
775,000
867
September 1, 2014
1,324
1,080,000
816
November 20, 2013
1,281
1,200,000
937

Source: URA, The Edge Property

Recent rental contracts for three-bedroom units at Avila Gardens
Lease commencement date
Monthly Rent ($)
March 2016
2,200
March 2016
2,400
December 2015
2,650
December 2015
2,450
November 2015
2,250

Source: URA, The Edge Property


Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More