We track 2 sales and 39 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the URBAN HERITAGE dashboard.
- Average sale price: $680,500 across 2 transactions
- Estimated gross rental yield: 4.7%
- District 12 PSF ranking: Mid-range (top 66%)
- Freehold tenure · RCR · D12 · 15 units
About URBAN HERITAGE
URBAN HERITAGE is a freehold condominium, located at BALESTIER ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by TIEC HOLDINGS PTE LTD, comprising 15 residential units, completed in 2015.
As a freehold property, URBAN HERITAGE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at URBAN HERITAGE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 1 | $1,419 psf | $611,000 |
| 1 BR | 1 | $1,290 psf | $750,000 |
Sales Market Overview
URBAN HERITAGE has recorded 2 sale transactions with an average transaction price of $680,500, ranging from $611,000 to $750,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,290 psf | $750,000 | — |
| 2022 | 1 | $1,419 psf | $611,000 | ↑ 10.0% |
URBAN HERITAGE ranks in the top 66% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, URBAN HERITAGE trades 33.9% below the segment benchmark.
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Rental Market Overview
URBAN HERITAGE has recorded 39 rental transactions with monthly rents averaging $2,671/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 23 | $2,548/mo | $1,800/mo | $3,100/mo |
| 2 BR | 16 | $2,847/mo | $2,000/mo | $3,550/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 7 | $2,086/mo |
| 2022 | 7 | $2,357/mo |
| 2023 | 8 | $3,031/mo |
| 2024 | 10 | $2,920/mo |
| 2025 | 6 | $2,850/mo |
| 2026 | 1 | $2,500/mo |
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Investment Analysis
Based on average rents and sale prices, URBAN HERITAGE delivers an estimated gross rental yield of 4.7%. This places it among the higher-yielding condos in Singapore.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows URBAN HERITAGE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- URBAN HERITAGE
- Boon Keng MRT
- Farrer Park MRT
- Novena MRT
- Bendemeer MRT
- Toa Payoh MRT
- CHIJ Our Lady Queen of Peace
- Farrer Park Primary School
- Beatty Secondary School
Nearby MRT Stations
URBAN HERITAGE is 970m from Boon Keng MRT (North-East Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Boon Keng | NE9 | North-East Line | 970m |
| Farrer Park | NE8 | North-East Line | 1.1 km |
| Novena | NS20 | North-South Line | 1.1 km |
| Bendemeer | DT23 | Downtown Line | 1.4 km |
| Toa Payoh | NS19 | North-South Line | 1.4 km |
Nearby Schools
There are 23 schools within 2 km of URBAN HERITAGE, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 580m |
| Farrer Park Primary School | Primary | 1.0 km |
| Beatty Secondary School | Secondary | 1.1 km |
| Bendemeer Primary School | Primary | 1.1 km |
| Bendemeer Secondary School | Secondary | 1.2 km |
| School of Science and Technology | Jc | 1.2 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.2 km |
| St. Margaret's Secondary School | Secondary | 1.4 km |
| Balestier Hill Primary School | Primary | 1.4 km |
| St. Margaret's Primary School | Primary | 1.5 km |
| Hong Wen School | Primary | 1.5 km |
| LASALLE College of the Arts | Tertiary | 1.7 km |
FAQ
What is the average price for URBAN HERITAGE?
What is the rental yield for URBAN HERITAGE?
Is URBAN HERITAGE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 2 transactions analysed
- Rental data: 39 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for URBAN HERITAGE
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