THE SCALA
SERANGOON AVENUE 3 · District 19 · 99 yrs lease commencing from 2010
Median Price
S$1.5M
Price Range
S$760K - S$2.7M
Tenure
Leasehold
Avg Rent
S$5.39 psf
What is the price of THE SCALA?
The median transaction price at THE SCALA is S$1,483,000, based on 97 URA-recorded transactions. Prices range from S$760K to S$2.7M. THE SCALA is a leasehold development on SERANGOON AVENUE 3 in District 19 (Serangoon/Hougang). High-floor units cost 20% more than low-floor units. Average rent is S$5.39 per square foot per month.
THE SCALA Price Analysis
THE SCALA is a leasehold development on SERANGOON AVENUE 3 in District 19 (Serangoon/Hougang). According to URA transaction records, 97 private residential transactions have been recorded at this development, with a median price of S$1,483,000. Prices range from S$760K for the smallest units to S$2.7M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$838,000. Larger units (4-bed (130-170 sqm)) trade at S$2,055,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at THE SCALA. High-floor units (16-20) command a median of S$1,750,000, while low-floor units (01-05) sell for S$1,457,500. That is a 20% premium for higher floors, worth S$293K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, THE SCALA commands an average of S$5.39 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.8%.
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$838K | 44 sqm | 24 |
| 1-Bed (50-70 sqm) | S$910K | 55 sqm | 1 |
| 2-Bed (70-100 sqm) | S$1.6M | 86 sqm | 63 |
| 3-Bed (100-130 sqm) | S$2.0M | 114 sqm | 6 |
| 4-Bed (130-170 sqm) | S$2.1M | 148 sqm | 3 |
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What is the average price of THE SCALA?
The median transaction price at THE SCALA is S$1,483,000, based on 97 URA-recorded transactions. Prices range from S$760K to S$2.7M.
Does floor level affect prices at THE SCALA?
Yes. High-floor units (16-20) sell for a median of S$1,750,000, while low-floor units (01-05) sell for S$1,457,500. That is a 20% premium for higher floors.
What is the rental rate at THE SCALA?
The average rental rate at THE SCALA is approximately S$5.39 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.