GEM RESIDENCES
LORONG 5 TOA PAYOH · District 12 · 99 yrs lease commencing from 2015
Median Price
S$1.4M
Price Range
S$795K - S$3.0M
Tenure
Leasehold
Avg Rent
S$6.07 psf
GEM RESIDENCES Price Analysis
GEM RESIDENCES is a leasehold development on LORONG 5 TOA PAYOH in District 12 (Balestier/Toa Payoh). According to URA transaction records, 189 private residential transactions have been recorded at this development, with a median price of S$1,388,000. Prices range from S$795K for the smallest units to S$3.0M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$835,000. Larger units (4-bed (130-170 sqm)) trade at S$2,988,888, reflecting the premium for additional space.
Floor level significantly impacts pricing at GEM RESIDENCES. High-floor units (11-15) command a median of S$1,686,500, while low-floor units (26-30) sell for S$1,265,000. That is a 33% premium for higher floors, worth S$422K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, GEM RESIDENCES commands an average of S$6.07 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.5%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$835K | 44 sqm | 29 |
| 1-Bed (50-70 sqm) | S$1.1M | 58 sqm | 61 |
| 2-Bed (70-100 sqm) | S$1.7M | 89 sqm | 71 |
| 3-Bed (100-130 sqm) | S$2.4M | 118 sqm | 27 |
| 4-Bed (130-170 sqm) | S$3.0M | 152 sqm | 1 |
Current Listings
3-Bed sale
Kit Toh · PROPSELLER PTE. LTD.
3-Bed sale
Cheryl Yip · PROPNEX REALTY PTE. LTD.
2-Bed sale
Desmond Chan · ERA REALTY NETWORK PTE LTD
5-Bed sale
Lionel Mai · ERA REALTY NETWORK PTE LTD
2-Bed sale
Kelly Yu 余奕葹 · ERA REALTY NETWORK PTE LTD
FAQ
What is the average price of GEM RESIDENCES?
The median transaction price at GEM RESIDENCES is S$1,388,000, based on 189 URA-recorded transactions. Prices range from S$795K to S$3.0M.
Does floor level affect prices at GEM RESIDENCES?
Yes. High-floor units (11-15) sell for a median of S$1,686,500, while low-floor units (26-30) sell for S$1,265,000. That is a 33% premium for higher floors.
What is the rental rate at GEM RESIDENCES?
The average rental rate at GEM RESIDENCES is approximately S$6.07 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.