53 Richards Place

Terrace House · in Hougang, District 19, Singapore · Freehold · Completed 1996

Data through 20 March 2017

Intro: 53 Richards Place is a terrace house located along Richards Place within District 19 with a freehold tenure. It was completed in 1996. So far it has been transacted a total of 3 times, amounting to $4.9M+ in total.

D19OCRNorth EastHougang

53 Richards Place project details

Street

Richards Place

Property Type

Terrace

Completion

1996

Total Units

-1

Unit Size

2,262 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 53 Richards Place

Kovan556 m MRTNE13

See details on nearby stations

Primary schools near 53 Richards Place

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

See details on nearby schools

53 Richards Place price, PSF and transaction trends

33%

HDB Buyers

$4.9M+

Total Transacted

30-11-1995

First Transacted

20-03-2017

Last Transacted

Total Transactions

53 Richards Place transaction volume

New SaleSub SaleResale

Among the latest 3 recorded sales for 53 Richards Place, the median price was S$1,560,000 and the median PSF was S$690 psf. The newest record shown is from 20 March 2017. The annual project median was 115.0% higher in 2017 than in 1995; unit mix can affect year-to-year comparisons.

Recent 53 Richards Place transactions

Date	Sale type	Price	PSF	Size
20 March 2017	Resale	S$2,300,000	S$1,017 psf	2,262 sqft
5 December 1997	Resale	S$1,560,000	S$690 psf	2,262 sqft
30 November 1995	Resale	S$1,070,000	S$473 psf	2,262 sqft

53 Richards Place median transaction PSF (S$)

53 Richards Place annual price trend

Year	Median price	Median PSF	Recorded sales
2017	S$2,300,000	S$1,017 psf	1
1997	S$1,560,000	S$690 psf	1
1995	S$1,070,000	S$473 psf	1

10.7 yrs

Avg Holding

53 Richards Place annualized profit %

View full details

Frequently asked questions about 53 Richards Place

How much do units at 53 Richards Place cost?

The latest 3 recorded sales show a median price of S$1,560,000 and a median of S$690 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 53 Richards Place freehold or leasehold?

53 Richards Place has a tenure of Freehold.

When was 53 Richards Place completed?

53 Richards Place was completed in 1996.

Which MRT or LRT station is nearest to 53 Richards Place?

Kovan is the nearest station shown, at an estimated straight-line distance of 556 metres.

Which primary schools are near 53 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 20 March 2017. Figures are indicative and do not constitute financial advice.