48 Richards Place

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

Data through 17 August 2016

Intro: 48 Richards Place is a terrace house located along Richards Place within District 19 with a freehold tenure. So far it has been transacted a total of 2 times, amounting to $6.1M+ in total.

D19OCRNorth EastHougang

48 Richards Place project details

Street

Richards Place

Property Type

Terrace

Total Units

-1

Unit Size

2,612 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 48 Richards Place

Kovan531 m MRTNE13

See details on nearby stations

Primary schools near 48 Richards Place

Xinmin Primary School1,000 m
Zhonghua Primary School1,000 m

See details on nearby schools

48 Richards Place price, PSF and transaction trends

50%

HDB Buyers

$6.1M+

Total Transacted

19-08-2013

First Transacted

17-08-2016

Last Transacted

Total Transactions

48 Richards Place transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 48 Richards Place, the median price was S$3,040,000 and the median PSF was S$1,164 psf. The newest record shown is from 17 August 2016. The annual project median was 11.2% higher in 2016 than in 2013; unit mix can affect year-to-year comparisons.

Recent 48 Richards Place transactions

Date	Sale type	Price	PSF	Size
17 August 2016	Resale	S$3,200,000	S$1,225 psf	2,612 sqft
19 August 2013	Resale	S$2,880,000	S$1,102 psf	2,612 sqft

48 Richards Place median transaction PSF (S$)

48 Richards Place annual price trend

Year	Median price	Median PSF	Recorded sales
2016	S$3,200,000	S$1,225 psf	1
2013	S$2,880,000	S$1,102 psf	1

3.0 yrs

Avg Holding

48 Richards Place annualized profit %

View full details

Frequently asked questions about 48 Richards Place

How much do units at 48 Richards Place cost?

The latest 2 recorded sales show a median price of S$3,040,000 and a median of S$1,164 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 48 Richards Place freehold or leasehold?

48 Richards Place has a tenure of Freehold.

Which MRT or LRT station is nearest to 48 Richards Place?

Kovan is the nearest station shown, at an estimated straight-line distance of 531 metres.

Which primary schools are near 48 Richards Place?

The primary schools shown within the page’s one-kilometre search are Xinmin Primary School (1,000 m) and Zhonghua Primary School (1,000 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 17 August 2016. Figures are indicative and do not constitute financial advice.