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GroundVision Score:
Overall property rating
1
5
10

Layers

Tiong Bahru Estate

condominium
yong siak street

GV Score

Total score of a project calculated from its individual components.

7/10

About

Name
Tiong Bahru Estate
Developer
Singapore Improvement Trust (SIT)
Lease Type
leasehold
Built Year
1937
Status
completed
Floors
3
Total Units
24
Tiong Bahru is the first public housing estate built in Singapore by the Singapore Improvement Trust (SIT) in the 1930s. The area was once a cemetery before its development. The buildings at Tiong Bahru, mostly not more than five storeys high, are designed with a mixture of Nanyang style and Art Moderne, a popular architectural design of the 1930s that emphasises on long horizontal lines with rounded ends. The estate initially catered to the wealthy but gradually became a mixed community of middle class and street hawkers. The area is known for its unique street names, named after prominent early Chinese pioneers, and features such as air raid shelters from WWII. Today, Tiong Bahru has been conserved and attracts younger Singaporeans with its nostalgic charm.

Location

Country
singapore
Region
central region
Planning Area
bukit merah
Subzone
tiong bahru

Development Profitability

Win Rate
100.0% (7/7)
Median Profit
SGD 602,000 (+75.5%)
Average Holding Years
5.2 years
Timing Score
80.9

PSF Distribution

Current
SGD 823
25th percentile
SGD 479
50th percentile
SGD 823
75th percentile
SGD 1,275

District Profitability

Win Rate
86.8% (4.7K/5.5K)
Median Profit
SGD 252,350 (+22.3%)
Average Holding Years
5.8 years
Timing Score
21.8

PSF Distribution

Current
SGD 2,842
25th percentile
SGD 864
50th percentile
SGD 1,402
75th percentile
SGD 1,775

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