PERMAI RESIDENCES Review

Condo Review 3 min read Last reviewed
District 4 · Completed 2011
Avg PSF (12-month)
Rental yield
70Total units
Category Ratings
Walkability
5.4
En-Bloc Potential
5.0
ShiokNest Score
5.9

Overview & Key Facts

PERMAI RESIDENCES is a condominium at KAMPONG BAHRU ROAD in District 4 (CCR), developed by NOVELTY ASIA PACIFIC PTE LTD, comprising 70 units, completed in 2011.

Developer
NOVELTY ASIA PACIFIC PTE LTD
Tenure
Total units
70
TOP year
2011
District
4 — CCR
Street
KAMPONG BAHRU ROAD
Lease remaining
~84 years (of 99)

Location & Connectivity

PERMAI RESIDENCES is approximately 640m from Keppel MRT station, with 4 stations within 1.5 km.

MRT stations near PERMAI RESIDENCES
StationLineDistance
KeppelCircle Line640m
CantonmentCircle Line710m
HarbourFrontNorth-East Line980m
HarbourFrontCircle Line980m

Schools & Education

8 schools within 2 km (1 within 1 km priority zone).

Schools near PERMAI RESIDENCES
SchoolTypeDistance
Cantonment Primary SchoolPrimary990m
Radin Mas Primary SchoolPrimary1.4 km
Blangah Rise Primary SchoolPrimary1.4 km
Outram Secondary SchoolSecondary1.6 km
Bukit Merah Secondary SchoolSecondary1.7 km
Henderson Secondary SchoolSecondary1.9 km
Gan Eng Seng SchoolSecondary1.9 km
Gan Eng Seng Primary SchoolPrimary1.9 km

Neighbourhood Comparison

District 4 competitors
CondoTenureAvg PSFSales
REFLECTIONS AT KEPPEL BAY99 yrs lease commencing from 2006$1,741 psf380
THE INTERLACE99 yrs lease commencing from 2009$1,474 psf246
CARIBBEAN AT KEPPEL BAY99 yrs lease commencing from 1999$1,769 psf213
THE REEF AT KING'S DOCK99 yrs lease commencing from 2021$2,468 psf175
THE RESIDENCES AT W SINGAPORE SENTOSA COVE99 yrs lease commencing from 2006$1,805 psf119

Lease Analysis

With 84 years remaining on its 99-year lease, PERMAI RESIDENCES still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • At 70 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for car-owning households, long-term hold (10+ yr) and boutique low-density (<100 units). At ~640m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.


Verdict

PERMAI RESIDENCES is a development in District 4 (CCR), with 70 units.

Explore the full PERMAI RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing PERMAI RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:

FAQ

What is the average PSF for PERMAI RESIDENCES?
PSF data is not yet available.
Is PERMAI RESIDENCES freehold?
PERMAI RESIDENCES has a tenure with ~84 years remaining.
What is the rental yield for PERMAI RESIDENCES?
Insufficient rental data.
Which MRT is nearest to PERMAI RESIDENCES?
The nearest is Keppel MRT at 640m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 0 transactions
  • Rental data: 41 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

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