Commercial Directory · Office · Retail · District 14
Oriental Venture Building
3 sales from Dec 2022 to Aug 2024, at a median $1,184 psf (Dec 2022 to Aug 2024).
District 14 At a glance
- Median psf, all sales
- $1,184
- Sales since Dec 2022
- 3
- Latest sale, Aug 2024
- $1,348 psf
- Tenure
- Freehold
3 of 3 sellers with a known purchase price sold for more than they paid; the median made 3.3% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2022 | 2 | $1,145 |
| 2024 | 1 | $1,348 |
A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.
3 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|
| 29 Aug 2024 | Office | 3 | 1,098 | $1,480,000 | $1,348 | Resale | Mar 2020, $1.06M | $420k | 7.8% |
| 7 Dec 2022 | Retail | 4 | 1,098 | $1,300,000 | $1,184 | Resale | Nov 2013, $972k | $328k | 3.3% |
| 7 Dec 2022 | Retail | 4 | 1,356 | $1,500,000 | $1,106 | Resale | Nov 2013, $1.2M | $299k | 2.5% |
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.
Oriental Venture Building Questions
How much does a unit at Oriental Venture Building cost?
3 unit sales at Oriental Venture Building from Dec 2022 to Aug 2024 went for $1,106 to $1,348 psf, a median $1,184 psf on units of 1,098 to 1,356 sq ft. The latest, in Aug 2024, was $1,480,000 for 1,098 sq ft ($1,348 psf).
Did sellers at Oriental Venture Building make money?
3 of 3 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $328k, 3.3% a year, before stamp duty, GST, fees and the rent collected while they held it.
What kind of property is Oriental Venture Building?
The sales here are office and retail units in District 14 (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 14 Nearby buildings
- Paya Lebar Square$2,230 psf
- Centropod @ Changi$1,615 psf
- Icon@Changi$1,831 psf
- Grandlink Square$4,588 psf
- The Arizon$3,105 psf
- Fuyuen Court$1,941 psf
- Wis@Changi$1,289 psf
- City Plaza$3,954 psf