Two-bedroom penthouse at Suites at Orchard selling for $2.27 mil
Suites at Orchard benefits from its distance to the Orchard Road purchasing belt and the arts and heritage district at Bras Basah and also Bencoolen Street.
Nonetheless, the condo has had a consistent rental record. So far this year, at the very least 36 systems have actually been rented out, contrasted to a minimum of 60 systems that were rented in 2021. A compilation of rental information over the past 12 months by EdgeProp Singapore shows that the average rent has to do with $5.60 psf per month. EdgeProp Singapore also approximates that proprietors who lease out their devices delight in an approximate rental yield of 3.5%.
A two-bedroom penthouse system at Suites at Orchard is on the market for $2.27 million. The overview rate for the 1,367 sq feet system converts to around $1,660 psf based on the flooring area. Based on URA caveats, deals entailing …
