THE VENUE RESIDENCES
TAI THONG CRESCENT · District 13 · 99 yrs lease commencing from 2012
Median Price
S$1.6M
Price Range
S$780K - S$3.3M
Tenure
Leasehold
Avg Rent
S$5.07 psf
THE VENUE RESIDENCES Price Analysis
THE VENUE RESIDENCES is a leasehold development on TAI THONG CRESCENT in District 13 (Macpherson). According to URA transaction records, 82 private residential transactions have been recorded at this development, with a median price of S$1,612,500. Prices range from S$780K for the smallest units to S$3.3M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$828,000. Larger units (5+ bed (170+ sqm)) trade at S$3,300,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at THE VENUE RESIDENCES. High-floor units (06-10) command a median of S$1,684,000, while low-floor units (11-15) sell for S$1,550,000. That is a 9% premium for higher floors, worth S$134K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, THE VENUE RESIDENCES commands an average of S$5.07 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.2%.
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$828K | 47 sqm | 5 |
| 1-Bed (50-70 sqm) | S$1.1M | 64 sqm | 1 |
| 2-Bed (70-100 sqm) | S$1.5M | 79 sqm | 39 |
| 3-Bed (100-130 sqm) | S$2.0M | 110 sqm | 36 |
| 5+ Bed (170+ sqm) | S$3.3M | 181 sqm | 1 |
FAQ
What is the average price of THE VENUE RESIDENCES?
The median transaction price at THE VENUE RESIDENCES is S$1,612,500, based on 82 URA-recorded transactions. Prices range from S$780K to S$3.3M.
Does floor level affect prices at THE VENUE RESIDENCES?
Yes. High-floor units (06-10) sell for a median of S$1,684,000, while low-floor units (11-15) sell for S$1,550,000. That is a 9% premium for higher floors.
What is the rental rate at THE VENUE RESIDENCES?
The average rental rate at THE VENUE RESIDENCES is approximately S$5.07 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.