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HomeBuyAll3RMD12 - Balestier / Toa Payoh3 Bed Condo for Sale in Gem Residences

3 Bed Condo for Sale in Gem Residences

1 Lorong 5 Toa Payoh 319458, Boon Teck, Central Region, Singapore

$1,980,000

Added 4 months ago
CondoFor sale
Beds: 3Baths: 3Area: 980 sqft
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Property Details

Property IDnS2Z5YdG5j3spDpP7QTVTB
PriceS$1,980,000
Property TypeCondo
StatusFor sale
Beds3
Baths3
Built Area980 sqft
PSFS$2,020
Year Built2020
Furnished StatusUnknown

Description

CEA Registration: L3010858B / R043330Z Preview in virtual tour: https://my.matterport.com/show/?m=iswbR5XbvSV Perched on a high floor, this corner unit at Gem Residences offers stunning city views and a peaceful living environment away from street noise. The home is in renovated condition, allowing you to save on renovation costs and move in with ease. Its well-maintained interior makes it an ideal choice for homeowners looking for a stylish and functional space. With north-facing orientation, the unit also enjoys natural light while staying cool throughout the day. This unit is surrounded by superb daily conveniences—just a 1-minute walk to eateries, 3 minutes to the nearest bus stop, and 10 minutes to Braddell MRT Station. Daily needs are easily met with FairPrice and Ang Mo Supermarket nearby. Reputable schools like Pei Chun Public School, First Toa Payoh Primary, and Kheng Cheng School are all within easy reach. With its excellent layout and unbeatable location, this unit won’t be on the market for long—schedule a viewing today and see if this could be your next home! Exclusive Propseller Listing! Size: - 980 sqft. - 3 bedrooms + 3 bathrooms - Balcony Attributes: - Extension needed: None - Corner unit - High floor unit - Renovated condition - Main door facing North - City view Convenience: - 3 min walk to the nearest bus stop (bus services: 28, 56, 235, etc.) - 5 min walk to FairPrice Supermarket Toa Payoh at Blk 95 - 8 min walk to Ang Mo Supermarket - 1 min walk to the nearest eateries - 10 min walk to Braddell MRT Station (NS18) - Within 1-2km of these schools: First Toa Payoh Primary School, Kheng Cheng School, Pei Chun Public School, and more.

Development Information

District & Area

D12 - Toa Payoh

Nearest MRT

Braddell MRT · 6 min walk

Tenure

99 years

TOP Date

1 January 2020

Project Size

Medium (578 units)

578 units

Building Structure

2 Blocks, 38 Floors

Developer

Gem Homes Pte Ltd

Unit Configuration
Bedroom Types1, 2, 3, 4, 5, 6 Bedroom
Floor Plan Details

Gem Residences has a total of 578 units, from 1 Bed - 1 Bath to 6 Bed - 4 Bath units. There are 22 types of floor plans from 452 sqft to 2,045 sqft.

Site Plan

Gem Residences has 2 blocks and up to 38 storeys.

Development Facilities
BBQClubhouseFitness CornerGymJacuzziLoungeParkingPlaygroundPool DeckSecuritySwimming PoolTennis Court
About This Development

Gem Residences is a 99 years leasehold Generic Condo development located in Toa Payoh, District 12. Completed in 2020, it has a total of 2 blocks within the development and comprises a total of 578 units. It is within walking distance to MRT stations such as Braddell MRT and Braddell MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Gem Residences is also close to schools like Beatty Secondary School, Kheng Cheng School and Kheng Cheng School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice Xpress and Sheng Siong - Toa Payoh Grocery Store for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Associate Dispensaries. Toa Payoh North Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Toa Payoh Sensory Park, to enjoy some fresh air.

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Features & Amenities
Corner unit
Security
Swimming pool
Playground
Clubhouse
Balcony
Renovated
Gym
Jacuzzi
Lounge
Tennis court
Fitness corner
Parking
Pool deck
Bbq

Location

1 Lorong 5 Toa Payoh 319458, Boon Teck, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

175

Average Price

S1.5M

Total Value

S255.3M

Sales Timeline

Calculating fair value from URA transaction data…

Listings at Propseller

Listings at Propseller

PROPSELLER PTE. LTD.

License: L3010858B

Similar Properties

Above Market· 15.2% above market

Home Report · AVM Fair Value

Automated Valuation based on 393 URA transactions

Fair Value

S$1.72M

S$1,754 psf

Asking Price

S$1.98M

S$2,020 psf

vs Market

+15.2%

Above Market

Confidence

High

393 comps

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

393 comparable transactions

S$1,671

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

0%

AI Condition Premium

HELIOS scan of listing description

+5%

Adjusted Fair Value PSF

S$1,754

HELIOS AI-Detected Boosters

corner unitrenovatedcity view

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.