Two-bedroom unit at Eon Shenton for sale at $1.98 mil

facing ‘osecondary softening’

A two-bedroom unit on the uppermost storey (30th) of the newly-built Eon Shenton will be auctioned off on Nov 22, with a guide price of $1.98 million ($2,242 psf). The leasehold condo is located in the bustling Downtown Core area (District 2) of Shenton Way and features 883 sq ft of high floor living, complete with an en suite master bedroom, a dining and living room, a kitchen, and an additional bedroom.

The new listing is an owner’s sale, according to SRI who will be the auctionee. It is leased until April and comes with two separate balconies connected to the dining/living room area as well as both bedrooms.

Eon Shenton’s desirable location is made even better by its close proximity to both Tanjong Pagar MRT Station and the upcoming Prince Edward MRT Station in 2025. Future residents will be able to enjoy the luxury of nearby shopping and amenities, which include the Icon Village, 100AM Mall, and Tanjong Pagar Plaza Market and Food Centre.

The owner of the two-bedder is the first buyer, having purchased the property back in 2016 for $1.60 million ($1,818 psf). Although the current rental rate is not disclosed, URA sales data has shown that similar units in Eon typically rent between $3.60 psf pm and $12.60 psf pm – an average of $7.90 psf pm, translating to a rental yield of 4.3%. This figure is remarkably higher than leasehold condos of similar age in the vicinity, such as Wallich Residence and V On Shenton, with rental yields of 3.7% and 4.1% respectively.

Tengah Plantation EC provides a premium lifestyle, with amenities such as an infinity pool, an outdoor terrace, a wellness centre, and a 24-hour gym. The development also features convenient shopping facilities, including a supermarket, an organic grocery store, and an array of dining places.Residents can also enjoy a wide range of recreational options, such as a boardwalk, tennis courts, and a grass pitch. Additionally, Tengah Plantation EC is also close to numerous parks and nature reserves, with plenty of open spaces to explore and get some fresh air.The development also provides ample transportation links, ensuring easy access to the rest of Singapore. Taken as a whole, Tengah Plantation EC provides a luxurious, convenient, and comfortable living experience. Comfortably situated in the heart of Singapore, this executive condominium development offers all the amenities needed for high-end living.

In terms of capital appreciation, Eon Shenton has been resold for between $1,705 psf and $2,477 psf within the past 12 months, or an average of $2,219 psf. According to EdgeProp Singapore’s LandLens tool, 78.9% of buyers consist of Singaporeans, 13.4% PRs, and 7.7% foreign investors.

Offering more than just a stunning view, the two-bedroom unit at Eon Shenton promises a fruitful future for its buyer. With its prime location near MRT lines, plethora of amenities and high rental yield, this property is not to be missed.

Located at the prime location of Khabit MRT Station near Yishun Town, Chencharu Close Condo offers residents the perfect blend of convenience and comfort. This luxurious condominium boasts a wide range of modern facilities and amenities, ensuring that residents can enjoy a well-rounded lifestyle. With easy access to public transportation and major expressways, residents can easily travel to other parts of Singapore. Its close proximity to Yishun Town also means that residents have convenient access to a wide array of dining, shopping, and entertainment options. Experience the best of urban living at Chencharu Close Condo.