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HomeBuyAll2RMD12 - Balestier / Toa Payoh2 Bed Condo for Sale in Gem Residences

2 Bed Condo for Sale in Gem Residences

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

$1,550,000

Added 25 days ago
CondoFor sale
Beds: 2Baths: 2Area: 678 sqft
Above Market· 36.8% above market
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Property Details

Property IDLz49rN5Rx5VtmscNUmCf7n
PriceS$1,550,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area678 sqft
PSFS$2,286
Year Built2020
Furnished StatusUnknown

Description

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.

Loading Nearby Amenities...

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

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

Home Report · AVM Fair Value

Automated Valuation based on 393 URA transactions

Fair Value

S$1.13M

S$1,671 psf

Asking Price

S$1.55M

S$2,286 psf

vs Market

+36.8%

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

0%

Adjusted Fair Value PSF

S$1,671

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

Danis Lim PA

Danis Lim PA

PROPNEX REALTY PTE. LTD.

License: L3008022J

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