16 Thrift Drive

Terrace House · in Hougang, District 19, Singapore · Freehold · Completed 1963

Data through 20 July 2015

Intro: 16 Thrift Drive is a terrace house located along Thrift Drive within District 19 with a freehold tenure. It was completed in 1963. So far it has been transacted a total of 2 times, amounting to $3.4M+ in total.

D19OCRNorth EastHougang

16 Thrift Drive project details

Street

Thrift Drive

Property Type

Terrace

Completion

1963

Total Units

-1

Unit Size

1,650 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 16 Thrift Drive

Bartley418 m MRTCC12

See details on nearby stations

Primary schools near 16 Thrift Drive

Maris Stella High School570 m
Paya Lebar Methodist Girls' School (Primary)648 m

See details on nearby schools

16 Thrift Drive price, PSF and transaction trends

50%

HDB Buyers

$3.4M+

Total Transacted

15-09-2010

First Transacted

20-07-2015

Last Transacted

Total Transactions

16 Thrift Drive transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 16 Thrift Drive, the median price was S$1,700,444 and the median PSF was S$1,030 psf. The newest record shown is from 20 July 2015. The annual project median was 40.8% higher in 2015 than in 2010; unit mix can affect year-to-year comparisons.

Recent 16 Thrift Drive transactions

Date	Sale type	Price	PSF	Size
20 July 2015	Resale	S$1,988,888	S$1,205 psf	1,650 sqft
15 September 2010	Resale	S$1,412,000	S$856 psf	1,650 sqft

16 Thrift Drive median transaction PSF (S$)

16 Thrift Drive annual price trend

Year	Median price	Median PSF	Recorded sales
2015	S$1,988,888	S$1,205 psf	1
2010	S$1,412,000	S$856 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

4.8 yrs

Avg Holding

$576,888

Total Profits

16 Thrift Drive annualized profit %

View full details

Frequently asked questions about 16 Thrift Drive

How much do units at 16 Thrift Drive cost?

The latest 2 recorded sales show a median price of S$1,700,444 and a median of S$1,030 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 16 Thrift Drive freehold or leasehold?

16 Thrift Drive has a tenure of Freehold.

When was 16 Thrift Drive completed?

16 Thrift Drive was completed in 1963.

Which MRT or LRT station is nearest to 16 Thrift Drive?

Bartley is the nearest station shown, at an estimated straight-line distance of 418 metres.

Which primary schools are near 16 Thrift Drive?

The primary schools shown within the page’s one-kilometre search are Maris Stella High School (570 m) and Paya Lebar Methodist Girls' School (Primary) (648 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 20 July 2015. Figures are indicative and do not constitute financial advice.