The Albracca

Apartment · in Marine Parade, District 15, Singapore · Freehold · Completed 1990

Data through 1 September 2018

Intro: The Albracca was a freehold residential site on Meyer Road that has been sold en bloc and demolished to make way for new development 🏗️.
Good to know: Formerly comprised 11 large-format apartment units ranging from 1,658 to 3,972 square feet 📏; Positioned just a three-minute walk from the operational Katong Park MRT station 🚇; Located within walking distance of Dunman High School 🏫.
Practical note: As the original structure has been demolished, this site is no longer available for residency and is currently undergoing redevelopment.

D15RCRCentralMarine Parade

< 1km

MRT Station

Near

$1M+ HDB

Mega

Development

< 10y

Property Age

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

The Albracca project details

Street

Enbloc Meyer Place and Meyer Place

Property Type

Apartment

Completion

1990

Total Units

-1

Plot Ratio

2.1

Unit Size

1,346 - 33,078 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near The Albracca

Katong Park92 m MRTTE24
Mountbatten910 m MRTCC7

See details on nearby stations

The Albracca price, PSF and transaction trends

11%

HDB Buyers

$82.7M+

Total Transacted

09-05-1999

First Transacted

20-07-2017

Last Transacted

Total Transactions

The Albracca transaction volume

New SaleSub SaleResale

Among the latest 4 recorded sales for The Albracca, the median price was S$1,200,000 and the median PSF was S$759 psf. The newest record shown is from 8 November 2011. The annual project median was 99.4% higher in 2011 than in 1999; unit mix can affect year-to-year comparisons.

Recent The Albracca transactions

Date	Sale type	Price	PSF	Size
8 November 2011	Resale	S$1,800,000	S$1,338 psf	1,346 sqft
18 November 2005	Resale	S$1,200,000	S$715 psf	1,679 sqft
1 December 1999	Resale	S$1,200,000	S$539 psf	2,228 sqft
9 May 1999	Resale	S$1,080,000	S$803 psf	1,346 sqft

The Albracca median transaction PSF (S$)

The Albracca annual price trend

Year	Median price	Median PSF	Recorded sales
2011	S$1,800,000	S$1,338 psf	1
2005	S$1,200,000	S$715 psf	1
1999	S$1,140,000	S$671 psf	2

View full details

The Albracca rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for The Albracca, the median monthly rent was S$4,100, with records ranging from S$2,150 to S$8,000.

Recent The Albracca rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 September 2018	—	S$6,000	S$2 psf	3100-3200
1 June 2018	—	S$4,200	S$3 psf	1400-1500
1 October 2017	—	S$2,150	S$1 psf	1400-1500
1 October 2016	—	S$3,200	S$2 psf	1400-1500
1 June 2016	—	S$6,000	S$2 psf	2900-3000

The Albracca rental volume

View full details

Frequently asked questions about The Albracca

How much do units at The Albracca cost?

The latest 4 recorded sales show a median price of S$1,200,000 and a median of S$759 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at The Albracca?

The latest recorded median monthly rent is S$4,100. Rental yield is indicative and can vary by unit and costs.

Is The Albracca freehold or leasehold?

The Albracca has a tenure of Freehold.

When was The Albracca completed?

The Albracca was completed in 1990.

Which MRT or LRT station is nearest to The Albracca?

Katong Park is the nearest station shown, at an estimated straight-line distance of 92 metres.

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 September 2018. Figures are indicative and do not constitute financial advice.