The Richmond - 1 Units for Sale

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The Richmond – PropertyGuru Market Pulse Insights

The project remains visible within recent property searches tied to the Balestier / Toa Payoh area according to PropertyGuru's 30-day search trends. This development continues to feature in the local consideration set for property seekers reviewing options in this specific residential enclave.

Most-searched Units: 3-Bedroom

Popular preferences: Gym

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 2.20M
  • Avg PSF: S$ 1,761 psf (31% higher compared to Balestier / Toa Payoh average of S$ 1,345 psf)
  • Available Units: 1

Key Takeaway: Recent market data highlights a clear, pronounced buyer preference for the 3-Bedroom configurations within this development. With only a single unit currently available, this limited inventory profile aligns with a significant pricing premium of 31% over the broader district average. The combination of high search interest for larger layouts and restricted supply suggests a strong valuation floor for the property. Such dynamics are likely to support continued pricing discipline for well-maintained units in this location.

Location & Lifestyle Highlights — The Richmond

810m (10 mins) to BOON KENG MRT STATION — This station on the North-East Line provides a direct link to the city center and major interchanges, making the daily commute very efficient.

The Richmond is a cozy freehold development of just 38 units, offering a quiet living environment while being just a short walk away from the bustling Bendemeer market area. It is a practical choice for those who want a central home that balances privacy with easy access to traditional food centers and modern transport.

Nearby hotspots:

MRT Stations:

• POTONG PASIR MRT STATION (992m, 12-13 mins) — Another convenient rail option nearby that connects you quickly to the Dhoby Ghaut interchange and beyond.
• GEYLANG BAHRU MRT STATION (1201m, 14-15 mins) — Access the Downtown Line from here for a straightforward trip to the Marina Bay financial district.

Bus Stops (31 within 1 km):

• SAINT MICHAEL'S PLACE (107m, 1-2 mins) — Just a few steps from your door, this stop offers immediate access to several bus services for traveling around the neighborhood.
• ST. MICHAEL'S PL (143m, 1-2 mins) — A very close alternative stop that makes hopping on a bus for short trips or connecting to the MRT extremely simple.

Education & Early Learning:

• MAPLE BEAR EDUCARE PTE. LTD. (49m, 1 min) — This popular preschool is practically next door, which is a huge time-saver for parents during the morning school run.
• BENDEMEER SECONDARY SCHOOL (558m, 6-7 mins) — A reputable local secondary school located within a short walking distance for older children.
• BENDEMEER PRIMARY SCHOOL (609m, 7-8 mins) — Having a primary school so close by is ideal for young families looking for a smooth daily routine.

Healthcare & Wellness:

• VERTEX PHARMACY (119m, 1-2 mins) — A handy nearby spot to pick up healthcare essentials and prescriptions without needing to drive.
• TRANS ISLAND MEDICAL GROUP (658m, 7-8 mins) — Reliable medical services are available nearby for regular check-ups and family healthcare needs.
• HEALTHWAY MEDICAL (793m, 9-10 mins) — A well-known clinic providing a range of medical services within a comfortable walking distance.

Shopping & Retail:

• HAO MART (566m, 6-7 mins) — Perfect for quick grocery runs and daily necessities just a short stroll away from the condominium.
• SHENG SIONG - MCNAIR (918m, 11-12 mins) — A large supermarket nearby that is great for getting fresh produce and household items at competitive prices.
• FAIRPRICE (983m, 11-12 mins) — Another reliable option for your weekly grocery shopping located within the immediate vicinity.

Dining & Food:

• HOME GROUND BAR GRILL (173m, 2-3 mins) — A great local spot for a relaxed meal or evening drinks just around the corner from home.
• TEOCHEW EATING HOUSE (181m, 2-3 mins) — Enjoy traditional local flavors and authentic dishes at this very nearby eatery.
• MOONSTONE SEAFOOD (370m, 4-5 mins) — A popular choice for fresh seafood dinners with family or friends without having to travel far.

Convenience Stores:

• 7-ELEVEN (396m, 4-5 mins) — Always useful for late-night snacks or last-minute items at any time of the day.

Places of Worship:

• CHURCH OF THE ASCENSION (718m, 8-9 mins) — A local community landmark located within walking distance for residents.

Highly attractive for: Young Families, Urban Professionals, Savvy Investors

Market & Rental Insights

The Richmond demonstrates a positive capital growth trajectory alongside healthy rental performance, positioning it as a project with consistent market appeal.

• PSF Appreciation: S$1,447.5 psf → S$1,562 psf over recent years (+7.91%) from 2023 - 2025.
• Expected Rental Yield: At 3.32%, this reflects a healthy return for property investors.
• PG Pulse Insight: With a PSF appreciation of +7.91% and a healthy rental yield of 3.32%, The Richmond maintains a stable investment profile despite limited recent transaction volume.

Published date: June 16, 2026