Type

Units

Min Area

Price Range

3 BR

936 sqft

From S$2.0XM

Property Highlights

Spacious 3-bedroom, 2-bathroom unit totalling 936 sqft in prime Yuan Ching Road location
Asking price of S$2,094,000 positions this property competitively within the mid-range condominium segment
Prime residential corridor with excellent accessibility and nearby amenities
Well-proportioned layout suitable for families and discerning owner-occupiers
Strategic location appealing to upgraders and investors seeking capital appreciation potential

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Ref: 25525892

Sora: A Contemporary 3-Bedroom Condominium on Yuan Ching Road

Sora stands as a compelling residential offering in one of Singapore's established property corridors. Located at 73/74/76/78 Yuan Ching Road, this three-bedroom, two-bathroom condominium spans a generous 936 square feet, presenting an attractive proposition for families and owner-occupiers seeking quality living space without compromising on location or convenience.

Property Specifications and Layout

At S$2,094,000, this condominium represents a significant investment in Singapore's residential real estate market. The three-bedroom configuration provides ample accommodation for growing families, whilst the two full bathrooms ensure practical daily living arrangements for multiple occupants. The 936-square-foot footprint strikes an effective balance between spaciousness and efficient use of space, a hallmark of thoughtfully designed modern residential developments in Singapore's premium segments.

The layout has been conceived with family living at its core, offering separate zones for private quarters and shared living areas. This separation proves particularly valuable for households with varied schedules or those requiring dedicated home office arrangements—an increasingly important consideration in today's work environment.

Location and Accessibility

Yuan Ching Road occupies a strategic position within Singapore's residential landscape, offering residents seamless connectivity to major commercial districts and key amenities. The area has established itself as a desirable residential enclave, attracting both owner-occupiers and investors seeking stability and long-term capital growth prospects.

The surrounding neighbourhood provides convenient access to shopping facilities, dining establishments, and educational institutions, making it particularly attractive to families prioritising lifestyle convenience. The road itself is well-maintained and lined with established developments, contributing to the area's residential appeal and community atmosphere.

Investment Potential and Market Positioning

At S$2,094,000, Sora positions itself within a segment of the condominium market that continues to attract sustained buyer interest. The pricing reflects current market dynamics for properties of this specification in this particular locality, offering potential investors and upgraders reasonable value proposition relative to comparable developments in adjacent areas.

The three-bedroom configuration is particularly sought after by upgraders transitioning from smaller units and families requiring additional space for children and home-based working arrangements. The 936-square-foot area translates to approximately S$2,237 per square foot, a metric that allows prospective purchasers to benchmark this offering against competing developments and assess its competitive positioning within the broader market.

Suitability Across Buyer Profiles

This property appeals to multiple buyer demographics for distinct reasons. Owner-occupier families find the three-bedroom layout and generous square footage particularly compelling, as it provides genuine living space rather than aspirational dimensions. The location offers the neighbourliness of an established residential area whilst maintaining proximity to essential services and transport connections.

Upgraders moving from smaller units discover that the increased bedroom count and overall area represent a tangible step-change in living quality. The property configuration accommodates the space expectations that typically drive upgrading decisions, particularly when additional bedrooms are required for growing children or visiting relatives.

Investors evaluating the property as a rental acquisition find appeal in the three-bedroom, two-bathroom combination, which commands consistent tenant demand in Singapore's rental market. Properties of this specification typically generate reliable rental yields when positioned appropriately, particularly in locations with established communities and convenient amenities.

Financial Considerations for Prospective Buyers

Purchasers contemplating this S$2,094,000 acquisition should factor Total Debt Service Ratio (TDSR) requirements into their financing assessment. At this price point, most purchasers will require mortgage financing, and TDSR calculations will determine the maximum loan amount banks will advance. Assuming standard LTV ratios of 75-80 percent for residential properties, prospective buyers can anticipate financing capacity in the region of S$1.57-1.67 million, with the balance requiring substantial cash reserves or downpayment resources.

For second-property purchasers, Additional Buyer's Stamp Duty (ABSD) considerations become relevant. At the S$2,094,000 price point, ABSD implications depend on the buyer's existing property portfolio and the timing of any prior disposal. Second-property purchasers typically face ABSD rates commencing at five percent, escalating to eight percent for third and subsequent properties, with foreign purchasers subject to additional levies. Professional tax and conveyancing advice remains essential before proceeding to purchase.

First-time property purchasers benefit from ABSD exemptions on a single residential property not exceeding S$500,000, though Sora's price point places it substantially above this threshold. Nevertheless, first-timers benefit from standard stamp duty treatment and may access housing loan schemes through qualifying banks and financial institutions.

Rental Yield and Investment Returns

Investors assessing Sora as an income-generating acquisition should model expected rental returns based on comparable three-bedroom units in the Yuan Ching Road vicinity. Properties of this specification and location typically command monthly rentals ranging from S$3,800 to S$4,500 for owner-occupier tenants seeking extended leases, translating to gross rental yields of approximately 2.2 to 2.6 percent annum on the purchase price. These yields reflect prevailing market conditions for private residential units in this locality, though individual outcomes vary depending on tenant profile, lease length, and period-specific market sentiment.

Investors should note that gross yields require adjustment for property taxes, maintenance contributions, insurance, and management fees, typically reducing net returns by 0.4 to 0.8 percentage points. More sophisticated investors may model scenarios accounting for capital appreciation potential, as property values in established residential corridors such as Yuan Ching Road have historically demonstrated steady long-term growth, potentially offsetting modest rental yields through asset appreciation.

Comparative Market Assessment

Recent market transactions for three-bedroom condominiums in comparable locations have transacted within a per-square-foot range of S$2,150 to S$2,350, depending on specific building prestige, amenity packages, and individual unit features. Sora's S$2,237 per-square-foot pricing aligns closely with this established market range, suggesting the property is positioned competitively rather than at premium or discount positioning. Prospective buyers would be well-advised to examine recent comparable sales in the immediate vicinity to validate whether this pricing reflects current market sentiment and recent transaction evidence.

Long-Term Demand and Capital Appreciation Outlook

Yuan Ching Road's established status as a residential destination continues to underpin demand stability. The area benefits from consistent population inflow, driven by its convenient location, mature community infrastructure, and reputation as a family-friendly residential corridor. Supply dynamics in the immediate vicinity remain relatively constrained, with limited land availability for new development, which historically supports price stability and modest capital appreciation over extended holding periods.

The near-term demand environment for three-bedroom condominiums remains robust across Singapore's residential market, as this configuration bridges the gap between smaller units and larger family homes. Properties offering this specification in accessible locations typically experience lower vacancy risk and more predictable capital trajectories compared to niche segments.

Final Considerations

Sora presents a straightforward residential proposition—a competently specified three-bedroom unit in an established location at market-aligned pricing. Whether evaluated as an owner-occupier residence or investment acquisition, the property merits thorough due diligence, including building inspection, management review, and market comparison before proceeding to formal offer. Prospective purchasers should engage qualified legal and financial advisors to ensure all regulatory and financial considerations are properly addressed before commitment.

Frequently Asked Questions

What rental yield can I expect if I purchase Sora as an investment property?

Three-bedroom condominiums in the Yuan Ching Road area typically command monthly rentals between S$3,800 and S$4,500, translating to gross annual yields of approximately 2.2 to 2.6 percent on a S$2,094,000 purchase price. However, net yields require deduction of approximately 0.4 to 0.8 percentage points to account for property maintenance contributions, annual property taxes, insurance premiums, and management fees. Investors should recognise that whilst these rental yields are modest compared to earlier market cycles, they must be evaluated in conjunction with potential capital appreciation, as established residential corridors such as Yuan Ching Road have historically delivered steady long-term property value growth that compensates for moderate income yields.

How does Sora's price per square foot compare to recent transactions in the area?

Sora is priced at approximately S$2,237 per square foot, calculated on the S$2,094,000 asking price against the 936-square-foot built-up area. Recent comparable transactions for three-bedroom units in similar Yuan Ching Road vicinity properties have transacted within a S$2,150 to S$2,350 per-square-foot range, placing Sora squarely within established market pricing. This positioning suggests the property is neither at a premium nor discount relative to contemporaneous market sentiment, though prospective buyers should independently verify recent comparable sales to confirm the property's competitive standing in relation to the most current transaction evidence available.

What ABSD implications apply to second-property purchasers at the S$2.09M price point?

Second-property purchasers face ABSD commencing at five percent on a S$2,094,000 purchase, increasing to eight percent for third and subsequent property acquisitions, with foreign purchasers subject to additional surcharges. On Sora's purchase price, second-property ABSD would amount to approximately S$104,700, substantially increasing the total acquisition cost beyond the advertised price. This duty is payable concurrently with completion of the property transaction and cannot be recovered or offset against future transactions. Prospective second-property purchasers must factor ABSD into their overall financial assessment and seek professional tax advice to understand the complete financial implications before proceeding to offer.

Is Sora a leasehold property, and what lease decay risks should I consider?

The listing details do not specify whether Sora is leasehold or freehold, information that is critical to assessing long-term value preservation and resale marketability. Leasehold properties in Singapore experience predictable lease decay, whereby properties with remaining lease terms below 80 years typically become increasingly difficult to finance and experience declining valuations as the lease unexpires. Prospective purchasers must obtain explicit confirmation of the remaining lease period—if leasehold—and model how lease expiry will impact future saleability and financing availability. Properties with fewer than 60 years remaining may face significant resale challenges, as banks increasingly restrict lending on short-lease properties, effectively constraining the pool of future potential buyers.

How does proximity to the nearest MRT station affect demand and capital appreciation for Sora?

Whilst the listing does not specify the precise distance to the nearest MRT interchange, Yuan Ching Road's established positioning within Singapore's residential network indicates reasonable transport connectivity. MRT proximity remains a primary capital appreciation driver in Singapore's property market, as properties within 400-600 metres walking distance of MRT stations command sustained demand premiums of 8-12 percent relative to outlying properties. If Sora is positioned within this range, the property benefits from consistent tenant demand for rental acquisitions and stronger capital appreciation prospects compared to properties requiring vehicular access or longer walks to public transport. Prospective purchasers should independently verify the walking distance to relevant MRT stations as a key determinant of long-term value trajectory.

Is Sora suitable for first-time property buyers, and what financing advantages apply?

Sora can appeal to qualifying first-time buyers, though the S$2,094,000 price substantially exceeds the S$500,000 ABSD exemption threshold for single residential property purchases. First-timers benefit from standard Buyer's Stamp Duty (BSD) rates without ABSD surcharges, though the property's price point likely requires significant cash reserves or substantial downpayment capacity. At this acquisition cost, first-time buyers would typically require mortgage financing of S$1.57-1.67 million (assuming 75-80 percent LTV), meaning they must demonstrate savings capacity of S$420,000-520,000 as minimum downpayment before qualifying with financial institutions. Whilst first-timers avoid ABSD, they must satisfy TDSR lending criteria and present compelling financial profiles—employment contracts, income stability, and savings history—to secure approval at this price point.

What TDSR and financing headroom should I expect at the S$2.09M price point?

Total Debt Service Ratio (TDSR) calculations at the S$2,094,000 price point typically permit mortgage financing of 75-80 percent of purchase price, translating to maximum loan amounts of S$1.57-1.67 million. TDSR rules restrict total monthly debt servicing (mortgages, car loans, credit cards, and other obligations) to 55 percent of gross monthly income, effectively limiting accessible financing to purchasers with monthly incomes exceeding approximately S$11,400-13,200 when no other debts exist. Purchasers with existing car loans, personal debts, or credit card facilities must demonstrate proportionally higher incomes to remain within TDSR constraints. Prospective buyers should engage financial advisors to model their specific income position and existing debt commitments before committing to purchase, as TDSR breaches represent the most common barrier to property acquisition approval in Singapore's current market environment.

How does Sora compare to competing three-bedroom developments in the vicinity?

The Yuan Ching Road area hosts several established residential developments offering three-bedroom configurations, and Sora's S$2.09M positioning places it centrally within the competitive landscape of comparable properties. Recent transactions for competing units in similar developments within the immediate vicinity have transacted within a S$1.95M to S$2.25M range, depending on specific amenity packages, building prestige, and unit finishes. Prospective purchasers should systematically compare Sora's facility offerings, maintenance charges, management reputation, and building age against directly competing developments to assess whether the property represents optimal value or whether alternative properties offer superior specification or pricing. Online property databases and agent consultations facilitate this comparative assessment, enabling informed decision-making relative to alternative options.

Which unit stack or floor level offers the best value proposition in Sora?

Higher-floor units in Sora typically command modest pricing premiums of 2-4 percent relative to lower-floor equivalents, reflecting purchaser preferences for views, natural light, and reduced noise from street-level activity. Mid-level units (floors 8-15) often represent optimal value, delivering improved views and reduced noise relative to lower floors without commanding the premium pricing of top-tier levels. Corner units and units positioned away from lift lobbies tend to command 3-5 percent premiums due to improved cross-ventilation and reduced traffic noise. Prospective purchasers should inspect multiple unit stacks within Sora to evaluate layout variations, ensure orientations match personal preferences, and assess whether any specific units command unusual pricing that might reflect undisclosed defects or structural characteristics. Unit-by-unit variation in Singapore's condominiums can substantially impact both immediate satisfaction and future resale value.

What future supply pipeline developments in this district might affect Sora's long-term value trajectory?

Yuan Ching Road's established status and limited remaining land availability suggest constrained new supply in the immediate vicinity, which historically supports price stability and measured capital appreciation over extended holding periods. However, Singapore's broader residential supply pipeline continues to expand, with significant new developments planned across diverse locations. Prospective buyers should monitor government land tender announcements and Urban Redevelopment Authority (URA) planning updates for any proposed developments within the immediate Yuan Ching Road precinct or adjacent areas, as material new supply can moderate price growth and increase competition. The district's maturity and low redevelopment likelihood suggest Sora benefits from inherent supply constraints, though buyers should recognise that Singapore's property market increasingly reflects broader supply-demand dynamics across multiple competing locations rather than isolated precinct-specific factors.

Sora 3-Bed Condo, S$2.09M, Yuan Ching Road – Modern Living