16 Richards Avenue

Terrace House · in Hougang, District 19, Singapore · Freehold · Completed 1984

Data through 1 December 2023

Intro: 16 Richards Avenue is a terrace house located along Richards Avenue within District 19 with a freehold tenure. It was completed in 1984. So far it has been transacted a total of 3 times, amounting to $8.6M+ in total.

D19OCRNorth EastHougang

16 Richards Avenue project details

Street

Richards Avenue

Property Type

Terrace

Completion

1984

Total Units

-1

Unit Size

2,869 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 16 Richards Avenue

Kovan313 m MRTNE13

See details on nearby stations

Primary schools near 16 Richards Avenue

Xinghua Primary School999 m

See details on nearby schools

16 Richards Avenue price, PSF and transaction trends

HDB Buyers

$8.6M+

Total Transacted

09-07-2008

First Transacted

02-03-2021

Last Transacted

Total Transactions

16 Richards Avenue transaction volume

New SaleSub SaleResale

Among the latest 3 recorded sales for 16 Richards Avenue, the median price was S$3,218,000 and the median PSF was S$1,122 psf. The newest record shown is from 2 March 2021. The annual project median was 134.2% higher in 2021 than in 2008; unit mix can affect year-to-year comparisons.

Recent 16 Richards Avenue transactions

Date	Sale type	Price	PSF	Size
2 March 2021	Resale	S$3,750,000	S$1,307 psf	2,869 sqft
5 April 2016	Resale	S$3,218,000	S$1,122 psf	2,869 sqft
9 July 2008	Resale	S$1,600,000	S$558 psf	2,869 sqft

16 Richards Avenue median transaction PSF (S$)

16 Richards Avenue annual price trend

Year	Median price	Median PSF	Recorded sales
2021	S$3,750,000	S$1,307 psf	1
2016	S$3,218,000	S$1,122 psf	1
2008	S$1,600,000	S$558 psf	1

6.3 yrs

Avg Holding

16 Richards Avenue annualized profit %

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16 Richards Avenue rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 8 recorded rental contracts for 16 Richards Avenue, the median monthly rent was S$5,125, with records ranging from S$4,000 to S$6,500.

Recent 16 Richards Avenue rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 December 2023	—	S$6,000	S$3 psf	2000-2500
1 December 2019	—	S$4,200	S$2 psf	1500-2000
1 June 2019	—	S$4,500	S$2 psf	2000-2500
1 December 2018	—	S$5,000	S$2 psf	2000-2500
1 December 2016	—	S$4,000	S$2 psf	2000-2500

16 Richards Avenue rental volume

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Frequently asked questions about 16 Richards Avenue

How much do units at 16 Richards Avenue cost?

The latest 3 recorded sales show a median price of S$3,218,000 and a median of S$1,122 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 16 Richards Avenue?

The latest recorded median monthly rent is S$5,125. Rental yield is indicative and can vary by unit and costs.

Is 16 Richards Avenue freehold or leasehold?

16 Richards Avenue has a tenure of Freehold.

When was 16 Richards Avenue completed?

16 Richards Avenue was completed in 1984.

Which MRT or LRT station is nearest to 16 Richards Avenue?

Kovan is the nearest station shown, at an estimated straight-line distance of 313 metres.

Which primary schools are near 16 Richards Avenue?

The primary schools shown within the page’s one-kilometre search are Xinghua Primary School (999 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 December 2023. Figures are indicative and do not constitute financial advice.