The Mornington
Transaction and Price

Condominium

3.1

View Project

Address

16 Saint Michael's Road, singapore 328005, Balestier / Geylang (D12-14)

Sale price Range

S$ 1,368,000 - S$ 1,368,000

Buy (2 units) Rent ( unit)

Project Details

Developer

Poh Lian Residences

Tenure

Freehold

PSF

S$ 1,596 - S$ 1,596

Completion Year

2005

# of Floors

Total Units

Transaction Summary

5 Total Sale Transactions

Type	Transactions	Price
3 room 1216 - 1249 sqft	5	S$1,270,000 - S$1,380,000

Type	Transactions	Price
3 room 1259 - 1259 sqft	10	S$1,080,000 - S$1,380,000

Type	Transactions	Price
3 room 1200 - 1300 sqft	2	S$4,480 - S$4,600

Type	Transactions	Price
3 room 1200 - 1300 sqft	4	S$4,480 - S$5,000

Type	Transactions	Price
3 room 1200 - 1300 sqft	12	S$4,000 - S$6,000

Type	Transactions	Price
3 room 1200 - 1300 sqft	30	S$2,700 - S$6,000
notInformed room 1200 - 1300 sqft	5	S$2,350 - S$2,800

Type	Transactions	Price
3 room 1200 - 1300 sqft	66	S$2,350 - S$6,000
notInformed room 1200 - 1300 sqft	5	S$2,350 - S$2,800

Available Unit

Type	Units
1 room 857 - 857 sqft	2 Units S$1,368,000 - S$1,368,000 View Available Units

Project Details

Developer

Poh Lian Residences

Tenure

Freehold

PSF

S$ 1,596 - S$ 1,596

Completion Year

2005

# of Floors

Total Units

Pricing Insights

Last Transaction Price

S$ 0

0 transactions

1 bed

0 - 0 sqft
3 beds

0 - 0 sqft

Dec 2010

#01-XX

Blk 16

S$ 660,000

S$ 766.00 sqft
Mar 2007

#01-XX

Blk 16

S$ 410,000

S$ 476.00 sqft

Dec 2021

#04-XX

Blk 16

S$ 1.29 M

S$ 1,061.00 sqft
Aug 2021

#02-XX

Blk 16

S$ 1.32 M

S$ 1,081.00 sqft
May 2021

#03-XX

Blk 16

S$ 1.32 M

S$ 1,057.00 sqft
Apr 2021

#08-XX

Blk 16

S$ 1.38 M

S$ 1,135.00 sqft
Nov 2019

#05-XX

Blk 16

S$ 1.27 M

S$ 1,044.00 sqft
Jan 2019

#06-XX

Blk 16

S$ 1.11 M

S$ 913.00 sqft
Jul 2016

#08-XX

Blk 16

S$ 1.08 M

S$ 865.00 sqft
Jan 2016

#07-XX

Blk 16

S$ 1.10 M

S$ 881.00 sqft
Dec 2015

#09-XX

Blk 16

S$ 1.15 M

S$ 921.00 sqft
Nov 2014

#10-XX

Blk 16

S$ 1.33 M

S$ 1,052.00 sqft
Aug 2014

#09-XX

Blk 16

S$ 1.25 M

S$ 1,028.00 sqft
Oct 2013

#03-XX

Blk 16

S$ 1.22 M

S$ 969.00 sqft
Jul 2012

#07-XX

Blk 16

S$ 1.16 M

S$ 921.00 sqft
Jan 2011

#04-XX

Blk 16

S$ 980,000

S$ 806.00 sqft
Sep 2010

#06-XX

Blk 16

S$ 920,000

S$ 731.00 sqft
Sep 2010

#02-XX

Blk 16

S$ 868,000

S$ 689.00 sqft
Jun 2010

#02-XX

Blk 16

S$ 850,000

S$ 699.00 sqft
Feb 2010

#10-XX

Blk 16

S$ 800,000

S$ 658.00 sqft
Sep 2009

#08-XX

Blk 16

S$ 780,000

S$ 619.00 sqft
Sep 2009

#10-XX

Blk 16

S$ 840,000

S$ 673.00 sqft
Aug 2009

#04-XX

Blk 16

S$ 760,000

S$ 625.00 sqft
Aug 2009

#09-XX

Blk 16

S$ 752,000

S$ 602.00 sqft
Jun 2009

#02-XX

Blk 16

S$ 750,000

S$ 596.00 sqft
May 2009

#06-XX

Blk 16

S$ 720,000

S$ 572.00 sqft
Jul 2008

#05-XX

Blk 16

S$ 783,000

S$ 644.00 sqft

notInformed bed

0 - 0 sqft
3 beds

0 - 0 sqft

Oct 2020

#XX-XX

S$ 2,800
Oct 2020

#XX-XX

S$ 2,650
Sep 2020

#XX-XX

S$ 2,350
Aug 2020

#XX-XX

S$ 2,800
Aug 2020

#XX-XX

S$ 2,650

Jun 2024

#XX-XX

S$ 4,600
May 2024

#XX-XX

S$ 4,480
Mar 2024

#XX-XX

S$ 5,000
Mar 2024

#XX-XX

S$ 4,700
Oct 2023

#XX-XX

S$ 4,000
Oct 2023

#XX-XX

S$ 5,500
Oct 2023

#XX-XX

S$ 4,350
Sep 2023

#XX-XX

S$ 4,900
May 2023

#XX-XX

S$ 4,000
May 2023

#XX-XX

S$ 5,300
Mar 2023

#XX-XX

S$ 6,000
Mar 2023

#XX-XX

S$ 4,900
Sep 2022

#XX-XX

S$ 5,200
Sep 2022

#XX-XX

S$ 3,600
Sep 2022

#XX-XX

S$ 4,200
May 2022

#XX-XX

S$ 3,200
Mar 2022

#XX-XX

S$ 2,900
Nov 2021

#XX-XX

S$ 3,000
Oct 2021

#XX-XX

S$ 3,200
Aug 2021

#XX-XX

S$ 3,300
Jul 2021

#XX-XX

S$ 3,000
Mar 2021

#XX-XX

S$ 2,700
Mar 2021

#XX-XX

S$ 3,350
Feb 2021

#XX-XX

S$ 3,000
Jul 2020

#XX-XX

S$ 2,750

Price Trends

Lowest Price Highest Price

Capital Gain

Capital gain is the profit one earns on the sale of a real estate asset. It results in capital gain when the selling price exceeds its purchase price. Capital loss arises when the purchase price is higher than the selling price.

Duration	Annualised Capital Gain %
3 years	2.28
4 years	2.45
5 years	2.83
6 years	1.86
7 years	1.77
8 years	2.27
9 years	1.34
10 years	1.17
3 years	1.75
4 years	8.81
5 years	3.79
6 years	7.61
7 years	3.01
8 years	4.28
9 years	6.35
10 years	5.13

Rental Yield

Lowest Price Highest Price

Summary

Completed in 2005, The Mornington offers a total of 28 units. The Mornington shows a promising sale and rental demand where since the completion of project, there have been a total of 10 sale transactions and 71 rental transactions.

For sales transaction, The Mornington was transacted at historical high of S$ 1,380,000 in APR 2021 for a 1216 SQFT unit and at historical low of S$ 410,000 in MAR 2007 for a 861 SQFT unit. As for rental transactions, The Mornington was transacted at historical high of S$ 6,000 in MAR 2023 for a 1200 SQFT unit and historical low of S$ 2,350 in SEP 2020 for a 1200 SQFT unit.

The Mornington Transaction and Price

Project Details

Transaction Summary

Available Unit

Pricing Insights

Summary

The Mornington
Transaction and Price