One Shenton, Shenton Way
One Shenton is a 99-year leasehold apartment located in Shenton Way, Central Area. There are 341 units available at this project with built-up from 581 sf to 1,539 sf. It was developed by City Developments Ltd (aka CDL), and was completed in about 2011.
City Developments Ltd (aka CDL) is a very big-sized real estate company listed on Singapore Exchange, and it has constructed around 81 real estate projects in Singapore. Other similar projects by the same developer are Botannia, City Square Residences, Cliveden, New Futura, South Beach Residences, The Palette, The Pier, The Residences At W, The Sail and The Tapestry.
This apartment has many amenities nearby, for example metro transport stations, universities and hospitals. The following are some main metro transport stations here:
- MRT Bayfront
- MRT Chinatown
- MRT Downtown
- MRT Marina Bay
- MRT Raffles Place
- MRT Tanjong Pagar
- MRT Telok Ayer
As for universities, there are College Of General Dental Practitioners (Singapore), Icas Training & Education College, Stansfield College and University Of Manchester Alumni Singapore. There are also some hospitals here, i.e. Chinatown Chinese Medical Center and Lifescan Medical Centre (Oue).
The current market prices for One Shenton are from S$1,270,000 to S$2,920,000 (about S$2,180 psf); while the monthly rentals are from S$3,300 to S$25,000 (about S$6.13 psf). The highest median price psf ever recorded was S$2,300 psf in Q3 2015; while the lowest one was S$2,114 psf in Q1 2019.
The current rental yield of One Shenton is around 2.72%, compared to 2.74% 3 years ago in Q3 2016. The highest rental yield ever recorded was 3.54% in Q3 2018; while the lowest one was 2.1% in Q4 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at One Shenton is 1-bedroom / 581 sf with a median price of S$2,180 psf. For price wise, the most expensive one is 1-bedroom / 581 sf with a median price of S$2,180 psf; while the cheapest one is 2-bedroom / 1,119 sf with a median price of S$1,600 psf.
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