The Richmond
The Richmond is a freehold condominium in District 12 (Toa Payoh, Serangoon, Balestier), within Singapore's Rest of Central Region (RCR). Completed in 1999, the development comprises 38 units. Sale and rental figures on this page are compiled from URA transaction records.
THE RICHMOND
Over the 12 months to Jul 2025, The Richmond recorded 1 resale transaction at a median $1,562 psf (median price $1,950,000), and 4 rental contracts at a median $4,800/mo, a gross rental yield of 3.0%. Source: URA caveat data, as of Jul 2025.
The Richmond's median of $1,562 psf over the trailing 12 months places its pricing below roughly 53% of District 12 condos; resale liquidity has been limited with 1 caveat lodged; the 3.0% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-25 | $1,950,000 | $1,562 psf | 1,249 sqft | 01 to 05 | 3BR |
| Sep-24 | $2,000,000 | $1,616 psf | 1,238 sqft | 06 to 10 | 3BR |
| Aug-24 | $1,820,000 | $1,470 psf | 1,238 sqft | 01 to 05 | 3BR |
| Dec-23 | $1,840,000 | $1,474 psf | 1,249 sqft | 06 to 10 | 3BR |
| Jan-23 | $1,790,000 | $1,421 psf | 1,259 sqft | 06 to 10 | 3BR |
| Dec-22 | $2,060,000 | $1,302 psf | 1,582 sqft | 06 to 10 | 4BR |
| Oct-22 | $1,700,000 | $1,362 psf | 1,249 sqft | 01 to 05 | 3BR |
| Mar-21 | $1,380,000 | $1,115 psf | 1,238 sqft | 01 to 05 | 3BR |
Can I afford The Richmond?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,950,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.