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Commercial Directory · Retail · District 18

The Alps Residences

2 sales from Oct 2024 to Nov 2024, at a median $3,157 psf (Oct 2024 to Nov 2024).

District 18 At a glance

Median psf, all sales
$3,157
Sales since Oct 2024
2
Latest sale, Nov 2024
$3,411 psf
Tenure
99-year lease

2 of 2 sellers with a known purchase price sold for more than they paid; the median made 10.0% a year.

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2 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
1 Nov 2024Retail1689$2,350,000$3,411ResaleDec 2020, $1.5M$850k12.3%
28 Oct 2024Retail1689$2,000,000$2,903ResaleDec 2020, $1.5M$500k7.8%

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.

The Alps Residences Questions

How much does a unit at The Alps Residences cost?

2 unit sales at The Alps Residences from Oct 2024 to Nov 2024 went for $2,903 to $3,411 psf, a median $3,157 psf on units of 689 to 689 sq ft. The latest, in Nov 2024, was $2,350,000 for 689 sq ft ($3,411 psf).

Did sellers at The Alps Residences make money?

2 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $675k, 10.0% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is The Alps Residences?

The sales here are retail units in District 18 (Outside Central Region), most on a 99-year lease 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 18 Nearby buildings

All 302 buildings