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What is the information for the apartment at 26 Zion Road, Singapore 247767, unit #xx-xx, with a size of 1,100 sqft?
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For the apartment at 26 Zion Road, #xx-xx, with a size of 1,100 sqft, here are some key points to consider:
Location and Connectivity
- The property is located in the Bukit Merah area, which is close to the Great World MRT station, providing easy access to various parts of Singapore.
Market Trends
- The average price per square foot (psf) for 2-bedroom units in the Zion Road area is around S$2,163, although this can vary depending on the specific unit and building amenities.
Nearby Developments
- The Zion Road area is seeing new developments, including the Zion Road Parcel B GLS site, which is expected to yield about 605 private residential units. This could impact the local property market and potentially influence prices and demand in the area.
Rental Yield
- To estimate the rental yield, you would need to consider the current rental prices in the area. Generally, apartments in this vicinity can command rents that reflect their proximity to amenities and public transport. For a 1,100 sqft apartment, rental prices could range from S$4,000 to S$6,000 per month, depending on the condition and amenities of the unit. The rental yield would then be calculated based on the purchase price and the annual rental income.
Purchase Price
- If you are considering purchasing this unit, the price would likely be in the range of S$2.3 million to S$2.7 million, based on the average psf price of S$2,163 for a 1,100 sqft unit.
For more precise and up-to-date information, including recent transactions and listings, you can visit EdgeProp Singapore.
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