The Centrepoint
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User ratings for this property
N.A.
The Centrepoint is an apartment located along Orchard Road within District 09 with a 99-year lease commencing on 17 August 1979. It was completed in 1983 with 66 units in total. So far it has been transacted a total of 101 times, amounting to $123.9M+ in total.
< 1km
MRT Station
Top 20
Schools
Mega
Development
< 10y
Property Age
Near
$1M+ HDB
> 1K
MOPs in Town
100%
Profitable
50+
Deals Past Yr
Project Facts
Street
Orchard Road
Developer
N.A.
Property Type
Apartment
Completion
1983
Total Units
66
Plot Ratio
N.A.
Unit Size
732 - 3,003 sqft
Tenure
99 yrs from 17/08/1979
Lease Remaining
52 yrs
Postal Sector
23
GLS Site
Land Use
Commercial
Development Type
Shopping / Flats
Site Area
4454.00
Plot Ratio
3.50
GLS Launch
24-11-1978
Tender Closed
15-03-1979
Awarded
08-06-1979
Awarded To
Cold Storage (Singapore) Pte Ltd
Bids
5
Winning Tender
16240030.00
Land Rate (GFA)
1041.76
Land Rate (ppr)
96.78
Max GFA (Est.)
15589.00
Nearby Stations
- SomersetNS23
- Dhoby GhautNE6NS24CC1
- OrchardNS22TE14
Nearby Primary Schools
- St. Margaret'S School (Primary)
- Anglo-Chinese School (Junior)
- River Valley Primary School
Transaction
N.A.
Sold At Launch
16%
HDB Buyers
$123.9M+
Total Transacted
01-01-1995
First Transacted
12-11-2024
Last Transacted
101
Total Transactions
Transaction Volume
New SaleSub SaleResale
74.5%
% Profitable
38
Profitable
13
Unprofitable
19
> 6% Annualized
8.8 yrs
Avg Holding
$28.3M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR | 13 | 19.70% | 732 - 743 sqft |
| 2 BR | 7 | 10.60% | 1,119 - 1,173 sqft |
| N.A | 46 | 69.70% | 0 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 176A | 238844 | 74.5% | 10.7% |
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