Grandeur Park Residences

1 Bedok South Avenue 3 Bedok / Upper East Coast (D16)See on Map

5 mins (410 m) from EW4/CG Tanah Merah MRT
Condominium

S$ 1,250,000

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Est. Repayment S$ 4,475 / mo
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2 bed

2 bath

624 sqft

S$ 2,003 psf


About this property

Great Investment Unit!

Are you an investor looking for a rental property with high yield and good growth potential?

This fully functional 2 bed 2 bath unit is currently rented out at 4.2% yield at its asking price! Lease lasts till April 2025

With interest rate at around 3%, the rent can fully cover the monthly installment for a 30 year mortgage.

Your tenant will enjoy a quiet, pool facing view. (Non mrt/main road facing)

There will be growth potential when Sceneca obtains TOP (Sceneca 2 bed 2 bath units were sold for 1.6x M). Get a boost in value when the last plot of land in Tanah Merah gets sold. The development of Changi Airport Terminal 5 and Changi Business Business District will also positively affect the Tanah Merah precinct.

New launch 2bed 2bath units are upwards of 1.4m in OCR already.

Quickly grab this unit before it is gone!

More details

Property Type
Condominium For Sale
Floor Size
624 sqft
Furnishing
Partially Furnished
Floor Level
Low Floor
PSF
S$ 2,003.21 psf
Currently Tenanted
Until 1 Apr 2025
Developer
CEL Development (Chip Eng Seng Corporation)
TOP
Mar 2021
Total Units
720
Tenure
99-year Leasehold
Listed On
12 May 2024
Listing ID
25036362
Maintenance Fee
S$ 300.00 /mo
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Amenities
Air-Conditioning
Balcony
Cooker Hob/Hood
Fridge
Intercom
Oven / Microwave
Washing Machine
Barbeque Pits
Clubhouse
Function room
Game room
Gymnasium room
Jacuzzi
Main entrance
Reflexology Path

About the location

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1 Station nearby

EW4/CG Tanah Merah MRT

5 mins (410 m)

Estimated Mortgage
Mortgage Breakdown
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S$ 0 Principal
S$ 0 Interest

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Total Downpayment
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Frequently Asked Questions

The sale price of this unit at Grandeur Park Residences is S$ 1,250,000.
Current PSF at Grandeur Park Residences is about S$ 2,003.21 psf.
The estimated loan repayment is S$ 4,475 / mo.
Grandeur Park Residences is located at 1 Bedok South Avenue 3 Bedok / Upper East Coast East Coast (D15-16).
Floor size of this unit at Grandeur Park Residences is 624 sqft.

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