PARC BOTANNIA
FERNVALE STREET · District 28 · 99 yrs lease commencing from 2016
Median Price
S$1.1M
Price Range
S$615K - S$2.5M
Tenure
Leasehold
Avg Rent
S$5.48 psf
PARC BOTANNIA Price Analysis
PARC BOTANNIA is a leasehold development on FERNVALE STREET in District 28 (Seletar). According to URA transaction records, 201 private residential transactions have been recorded at this development, with a median price of S$1,120,000. Prices range from S$615K for the smallest units to S$2.5M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$780,000. Larger units (4-bed (130-170 sqm)) trade at S$2,200,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at PARC BOTANNIA. High-floor units (01-05) command a median of S$1,168,000, while low-floor units (06-10) sell for S$1,020,000. That is a 15% premium for higher floors, worth S$148K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, PARC BOTANNIA commands an average of S$5.48 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 5.1%.
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$780K | 44 sqm | 58 |
| 1-Bed (50-70 sqm) | S$1.1M | 60 sqm | 51 |
| 2-Bed (70-100 sqm) | S$1.4M | 83 sqm | 76 |
| 3-Bed (100-130 sqm) | S$1.7M | 113 sqm | 11 |
| 4-Bed (130-170 sqm) | S$2.2M | 134 sqm | 5 |
FAQ
What is the average price of PARC BOTANNIA?
The median transaction price at PARC BOTANNIA is S$1,120,000, based on 201 URA-recorded transactions. Prices range from S$615K to S$2.5M.
Does floor level affect prices at PARC BOTANNIA?
Yes. High-floor units (01-05) sell for a median of S$1,168,000, while low-floor units (06-10) sell for S$1,020,000. That is a 15% premium for higher floors.
What is the rental rate at PARC BOTANNIA?
The average rental rate at PARC BOTANNIA is approximately S$5.48 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.