ECO

ECO is a leasehold development on BEDOK SOUTH AVENUE 3 in District 16 (Bedok). According to URA transaction records, 197 private residential transactions have been recorded at this development, with a median price of S$910,000. Prices range from S$720K for the smallest units to S$3.9M for premium configurations.

The development offers units across 4 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$880,000. Larger units (5+ bed (170+ sqm)) trade at S$3,800,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at ECO. High-floor units (11-15) command a median of S$954,444, while low-floor units (01-05) sell for S$890,000. That is a 7% premium for higher floors, worth S$64K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, ECO commands an average of S$4.88 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 5.5%.