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Commercial Directory · Retail · District 8

1953

4 sales from Nov 2021 to May 2024, at a median $3,445 psf (Nov 2021 to May 2024).

District 8 At a glance

Median psf, all sales
$3,445
Sales since Nov 2021
4
Latest sale, May 2024
$3,552 psf
Tenure
Freehold

1 of 1 sellers with a known purchase price sold for more than they paid; the median made 2.1% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
2021(part year)2$3,394
20221$3,437
20241$3,552

A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.

4 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
3 May 2024Retail1366$1,300,000$3,552ResaleApr 2019, $1.17M$132k2.1%
24 Jan 2022Retail1786$2,701,000$3,437New sale–––
8 Dec 2021Retail1700$2,415,000$3,452New sale–––
2 Nov 2021Retail1732$2,442,000$3,336New sale–––

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

1953 Questions

How much does a unit at 1953 cost?

4 unit sales at 1953 from Nov 2021 to May 2024 went for $3,336 to $3,552 psf, a median $3,445 psf on units of 366 to 786 sq ft. The latest, in May 2024, was $1,300,000 for 366 sq ft ($3,552 psf).

Did sellers at 1953 make money?

1 of 1 resale where the caveat shows the purchase price sold for more than the seller paid. The median seller made $132k, 2.1% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is 1953?

The sales here are retail units in District 8 (Rest of Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 8 Nearby buildings

All 302 buildings