Investors and Buyers - What can you buy for $800-$950K in this market?

What can you get for a budget of $800-$950K? And with a respectable rental yield?
Is that possible? Of course!
Here's an analysis for you!

Catchment Area - Dover Rise

1 km from Buona Vista and Dover MRT station, and future One North MRT

1 km from Singapore Polytechnic (Highest First time applicant for 2010)
United World College (SEA)
Anglo Chinese Independent
Anglo Chinese JC

1.5 km from NUS and NUH (Across AYE)

1 km from One North Park, Fusionopolis

Dover Parkview - Dover Rise (D5) 99yr (TOP 1998)

2 bedrm 936sqft (Mid/high flr) from $820K (tenanted at $3.1K to $3.5K)

Heritage View - Dover Rise (D5) 99yr (TOP 2000)

2+1 bedrm 969sqft (Mid flr) from $900K

URA Last transacted (Feb 2010) :

Doverpark view -
2 bedrm 969sqft $815K
2 bedrm 936sqft $823K

Heritage View -
2 bedrm 969 sqft $835k and $840K

What $850K can buy for now in various Districts?


Rivervale Crest - Rivervale Crescent (District 19) 99yr 3+1 bedrm 1206sqft from $720K

One North Residences - One North Gateway (District 5) 99 yr studio 592sqft from $770K (tenanted $2.6K til Sep210)

One Amber - Amber Road (D16) FH Studio 570sqft from $820K (TOP soon, estimated yield 4 to 5 %)

Venezio - Upper East Coast (D16) FH 2 bedrm 936sqft from $888K (TOP 2006)

The Mezzo - Balestier (D12) FH 2 bedrm 840sqft from $840K (TOP 2004)

Riviera Residences - Riviera Drive (D16) FH 2 bedrm 786sqft from $853K (TOP 2008)

Waterfront Key - Bedok reservoir (D16) 99yr 2 bedrm 904sqft from $780K (TOP 2015)

SengKang - Rivervale Drive

Situated right next to the TPE exit to Sengkang lies a plot of land known as Rivervale Drive.

Types of flats available:

A mix of 4 room, 5 room, and executive apartments housed in about 35 blocks of HDB flats with maximum height of 17 to 18 storey high.
Age of flat is about 8 to 9 years old.

Amenities Available:

- Rivervale CC located at Block 193.

- Less than 100metres away from Rivervale Mall (with tenants such as NTUC Fairprice, foodfair, Daiso, Macdonalds, KFC, Long John Silver's, Bata, UOB, Hong Leong, Cheers)

- Rivervale Primary School (radius of 200m)

- In between two LRT stations : Rumbia and Compassvale

- Bus stops with buses to Hougang, Punggol, Woodlands, Tampines, Bedok, Toa Payoh, Bishan, Yishun, Khatib, Admiralty, Sembawang.

- 20 minutes to City through NorthEast MRT line (From LRT to MRT transit)

- 5 minutes to TPE, SLE

- Average 20 minutes to City Area

- Average 10 minutes to Tampines, Giant , Ikea Mega Mall

Latest HDB transactions:

4room


5room

(Source: HDB Website)





Planning to sell your flat in Rivervale Drive?
Or
Planning to buy a flat in this cluster?

Call your resident agent of Rivervale Drive now! at 98248492!