SOMMERVILLE PARK
FARRER DRIVE · District 10 · Freehold
Median Price
S$3.5M
Price Range
S$900K - S$6.5M
Tenure
Freehold
Avg Rent
S$4.11 psf
SOMMERVILLE PARK Price Analysis
SOMMERVILLE PARK is a freehold development on FARRER DRIVE in District 10 (Bukit Timah). According to URA transaction records, 70 private residential transactions have been recorded at this development, with a median price of S$3,475,000. Prices range from S$900K for the smallest units to S$6.5M for premium configurations.
The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$965,000. Larger units (5+ bed (170+ sqm)) trade at S$4,300,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at SOMMERVILLE PARK. High-floor units (01-05) command a median of S$3,890,000, while low-floor units (06-10) sell for S$2,650,000. That is a 47% premium for higher floors, worth S$1.2M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, SOMMERVILLE PARK commands an average of S$4.11 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 1.2%.
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$965K | 43 sqm | 2 |
| 1-Bed (50-70 sqm) | S$1.3M | 58 sqm | 7 |
| 2-Bed (70-100 sqm) | S$2.1M | 99 sqm | 4 |
| 3-Bed (100-130 sqm) | S$2.6M | 121 sqm | 21 |
| 4-Bed (130-170 sqm) | S$3.5M | 150 sqm | 1 |
| 5+ Bed (170+ sqm) | S$4.3M | 207 sqm | 35 |
FAQ
What is the average price of SOMMERVILLE PARK?
The median transaction price at SOMMERVILLE PARK is S$3,475,000, based on 70 URA-recorded transactions. Prices range from S$900K to S$6.5M.
Does floor level affect prices at SOMMERVILLE PARK?
Yes. High-floor units (01-05) sell for a median of S$3,890,000, while low-floor units (06-10) sell for S$2,650,000. That is a 47% premium for higher floors.
What is the rental rate at SOMMERVILLE PARK?
The average rental rate at SOMMERVILLE PARK is approximately S$4.11 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.