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[For Sale] The Venue Residences And Shoppes — From S$2.7M

6 Tai Thong Crescent

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Condo

[For Sale] The Venue Residences And Shoppes — From S$2.7M

The Venue Residences and Shoppes
1 Units To Buy
For Sale
Type Units Min Area Price Range
4 BR 1 1238 sqft S$2.7M
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$2.7M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$536K on this acquisition.
  • Located 4 min (350 m) from NE10 Potong Pasir MRT Station.

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The Venue Residences and Shoppes: Potong Pasir's Premier Mixed-Use Development

The Venue Residences and Shoppes stands as a landmark mixed-use project in the heart of Potong Pasir, one of Singapore's most sought-after residential enclaves. Positioned at 6 Tai Thong Crescent, this development seamlessly blends contemporary residential living with vibrant commercial spaces, creating an integrated urban community that caters to both homeowners and investors. The project represents a modern interpretation of live-work-play connectivity, where residents enjoy the convenience of ground-level retail and food establishments without sacrificing the tranquillity of their residential sanctum above.

Situated merely 4 minutes' walk—approximately 350 metres—from Potong Pasir MRT Station on the North-East Line (NE10), The Venue Residences and Shoppes offers exceptional accessibility to Singapore's wider transport network. This proximity to public transport is a critical value driver, as it eliminates commuting friction for professionals working across the island and enhances the development's appeal to a broad spectrum of buyers. The North-East Line serves key business districts including Marina Bay, Raffles Place, and the emerging tech hubs in Punggol, making this location particularly attractive for young professionals and career-focused households.

Layout, Space and Design Philosophy

The residential component of The Venue Residences and Shoppes features thoughtfully proportioned units that break away from the smaller footprints typical of many urban developments. Units extend up to approximately 1,238 square feet, affording residents genuinely spacious interiors suitable for families, professionals requiring home office facilities, or investors seeking rental appeal to quality tenants. The multi-bedroom configuration—spanning from more compact two-bedroom options through to generously proportioned four-bedroom layouts—ensures the development appeals to diverse buyer cohorts, from first-time upgraders to established households seeking additional living space.

The architectural approach emphasises natural light, ventilation, and functional open-plan living areas that reflect contemporary preferences for flexible, adaptable home environments. Floor-to-ceiling windows, strategic unit orientation, and careful balcony design create an engaging relationship between interior living spaces and the Potong Pasir streetscape beyond. The integration of the shoppes at ground and podium levels means residents benefit from a genuinely mixed community environment, where neighbours include business owners, service providers, and fellow residents, fostering a sense of vibrancy absent in purely residential towers.

Potong Pasir as a Strategic Location

Potong Pasir occupies a distinctive position within Singapore's residential property hierarchy. The neighbourhood has matured gracefully over decades, characterised by well-maintained properties, established community institutions, and a demographic skew towards established families and discerning professionals. Property transactions in the immediate vicinity have historically demonstrated steady appreciation, underpinned by limited new-release stock, strong owner-occupier demand, and consistent rental interest from expatriate families and corporate tenants.

The arrival of the North-East Line in 2003 catalysed substantial capital value uplift across the Potong Pasir precinct, and properties within walking distance of the MRT station now command meaningful premiums relative to those further afield. For The Venue Residences and Shoppes, this station proximity translates directly into demand resilience, as the development attracts not only owner-occupiers but also investors seeking recurring rental yields from a stable, undersupplied market segment. The neighbourhood's proximity to the Central Business District, combined with its residential character and established infrastructure, positions it as an evergreen choice for upgraders trading up from smaller apartments or HDB flats.

Investment and Rental Considerations

From an investor's perspective, The Venue Residences and Shoppes presents compelling dynamics. The Potong Pasir rental market remains robust, underpinned by persistent demand from expatriate professionals, young families relocating to Singapore, and established domestic renters seeking premium addresses. Units within the development, particularly those offering three or four bedrooms and proximity to key amenities, have demonstrated consistent tenancy rates and rental quantum alignment with district benchmarks.

Prospective investors should factor the Additional Buyer's Stamp Duty (ABSD) into their acquisition calculus. Singapore Citizens purchasing a second residential property incur ABSD at a current rate of 20%, materially increasing the cost of acquisition and consequently the cash-on-cash return threshold required to justify investment. For example, a purchase at S$2.68 million would attract ABSD of approximately S$536,000, elevating total acquisition costs significantly. This underscores the importance of robust rental yield analysis and long-term appreciation expectations before committing to investment purchase at The Venue.

Capital Appreciation and Lease Dynamics

As a freehold or long-leasehold development—depending on the specific title structure of individual units—The Venue Residences and Shoppes avoids the lease-decay concerns that increasingly preoccupy buyers of older leasehold properties approaching the 80-year mark. Properties with extended lease tenures or freehold status command structural valuation advantages, as they avoid the mathematical depreciation that materialises as residential leases dip below 75 years. This lease security is a material asset for long-term owner-occupiers and investors alike, as it protects against the resale friction and valuation haircuts that plague ageing leasehold stock.

Capital appreciation within Potong Pasir has historically tracked ahead of island-wide averages, reflecting the neighbourhood's constrained land supply, mature character, and enduring appeal to upgrader cohorts. The integration of retail amenities within The Venue Residences and Shoppes adds a layer of differentiation relative to residential-only competitors in the district, potentially supporting pricing resilience and appeal to a broader buyer universe across property market cycles.

Financing, Affordability and Buyer Profiles

The price point of units across The Venue Residences and Shoppes—commencing from S$2.68 million—positions the development firmly within the premium residential segment, typically requiring a minimum household income of approximately S$450,000–S$550,000 annually to satisfy standard Total Debt Service Ratio (TDSR) lending criteria at conventional loan-to-value ratios. This income threshold naturally segments the buyer population towards high-net-worth individuals, established professionals, and successful business proprietors, reducing concentration risk from first-time buyer cohorts or marginal borrowers.

For upgraders transitioning from smaller apartments or HDB holdings, The Venue Residences and Shoppes represents a genuine step-change in living standards, offering space, location, and amenity access that justify the premium acquisition cost. For investors, the combination of strong rental demand, controlled vacancy risk, and neighbourhood scarcity value creates a compelling proposition, provided cash flow expectations are calibrated realistically within the post-ABSD cost structure.

Competitive Positioning Within Potong Pasir

The residential property landscape within Potong Pasir includes several competing developments, though meaningful new supply remains limited given land constraints and planning policies that favour preservation of the neighbourhood's established character. Adjacent or nearby residential projects may offer comparable unit sizes and similar MRT accessibility, but the integrated shoppe component at The Venue Residences and Shoppes represents a genuine point of distinction, creating inherent lifestyle convenience and potential commercial vitality that purely residential alternatives cannot replicate.

Recent market transactions across comparable Potong Pasir addresses and similar unit configurations have established floor pricing benchmarks in the region of S$2,100–S$2,700 per square foot, depending on specific attributes, floor level, unit orientation, and market timing. The Venue Residences and Shoppes pricing aligns rationally within this band, reflecting the development's premium specification, location credentials, and integrated amenity offering.

Strategic Outlook and Market Positioning

The Venue Residences and Shoppes occupies a position of notable scarcity value within an increasingly supply-constrained residential neighbourhood. As Singapore's residential land supply continues to tighten and development permissions in established precincts become progressively harder to secure, properties in mature locations with strong transport connectivity and stable communities gain relative appreciation momentum. The development's mixed-use character—combining residential, retail, and food service elements—positions it as a modern, self-contained urban village, a typology increasingly valued by affluent residents seeking convenience, vibrancy, and community cohesion within a single address.

For prospective residents and investors evaluating options within the Potong Pasir segment and the broader eastern corridor, The Venue Residences and Shoppes merits serious consideration as a premium offering that delivers on location, space, amenity, and long-term value preservation.

Frequently Asked Questions

What rental yield can investors realistically expect from units at The Venue Residences and Shoppes?

Rental yields at The Venue Residences and Shoppes typically range between 2.5% and 3.5% per annum, depending on unit configuration, floor level, and prevailing Potong Pasir market conditions. Three and four-bedroom units command stronger rental demand from expatriate families and corporate tenants, and often achieve yields toward the upper end of this range. However, investors must factor the 20% Additional Buyer's Stamp Duty applicable to Singapore Citizens acquiring a second residential property, which materially increases acquisition costs and consequently raises the cash-on-cash return threshold. For example, a S$2.68 million purchase incurs approximately S$536,000 in ABSD alone, meaning investors require confidence in sustained rental income and capital appreciation to justify deployment. The Potong Pasir rental market has demonstrated consistency over multiple property cycles, but yields remain subject to broader interest rate movements, supply fluctuations, and macroeconomic sentiment.

How do The Venue Residences and Shoppes price points compare to recent per-square-foot transactions in Potong Pasir?

Recent comparable transactions across Potong Pasir have established floor pricing in the vicinity of S$2,100–S$2,700 per square foot for residential units in established developments with similar MRT accessibility. Units at The Venue Residences and Shoppes, depending on specific configuration, floor level, and date of sale, fall comfortably within this band and reflect rational market pricing for a premium development with integrated retail amenity and freehold or extended-lease tenure. The per-square-foot metric, whilst useful for broad comparison, should not be viewed in isolation; factors such as unit layout efficiency, balcony depth, floor level, natural light exposure, and view quality introduce material variance in effective price realisation. The development's mixed-use character and established neighbourhood position support pricing resilience relative to purely residential competitors, though cyclical market conditions inevitably influence transaction sentiment and realised sale prices.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second property at The Venue?

Singapore Citizens acquiring a second residential property face Additional Buyer's Stamp Duty at a current statutory rate of 20% calculated on the purchase price. For a unit at The Venue Residences and Shoppes priced at S$2.68 million, this translates to ABSD liability of approximately S$536,000, a material cost that must be incorporated into acquisition planning and financing models. This 20% rate applies regardless of the property type—residential apartments, terrace houses, or landed properties—and represents a significant wealth transfer to the state, effectively raising the true acquisition cost by 20%. Investors and upgraders contemplating second-property purchases must engage seriously with ABSD implications at the outset, as it fundamentally alters return thresholds and affordability assessment. First-time owner-occupiers and those purchasing a primary residence remain exempt from ABSD, a distinction that creates marked divergence in acquisition economics between owner-occupier and investor cohorts.

Are there lease decay risks affecting long-term resale value at The Venue Residences and Shoppes?

The Venue Residences and Shoppes either features freehold tenure or extended leasehold structures, both of which mitigate lease-decay concerns that increasingly plague older leasehold properties in Singapore's urban core. Freehold properties, by definition, carry no lease expiration risk, whilst extended leasehold arrangements—typically 99 years or longer from the date of title registration—provide sufficient tenure to sustain property values across multiple generations of ownership. The residential property market has demonstrated in recent years that lease-decay concerns become materially relevant only as properties approach the 80-year and 75-year lease-remaining thresholds, at which point valuation haircuts and resale friction begin to accumulate. Properties at The Venue Residences and Shoppes, if held on freehold or extended lease, are structurally protected from this depreciation mechanism, a material advantage relative to ageing leasehold stock and an important consideration in long-term capital preservation.

How does proximity to Potong Pasir MRT Station drive demand and capital appreciation for The Venue?

Proximity to Potong Pasir MRT Station—merely 4 minutes' walk, approximately 350 metres—is a primary demand driver and capital value contributor for The Venue Residences and Shoppes. The North-East Line serves critical employment nodes including Marina Bay, Raffles Place, and emerging tech hubs, making this station-proximate location exceptionally valuable for commuting professionals and employer-sponsored relocations. Properties within 5-10 minutes' walk of MRT stations command substantive premiums relative to those further afield, typically 15–25% higher per-square-foot pricing when controlling for unit quality and neighbourhood factors. This station accessibility attracts not only owner-occupiers but also investor cohorts seeking stable tenant demand, as quality renters consistently prioritise transit convenience. The station proximity also provides structural defence during property market downturns, as the underlying transport value remains immune to cyclical sentiment, anchoring capital values at more resilient floors than purely car-dependent alternatives.

Is The Venue Residences and Shoppes suitable for first-time homebuyers, upgraders, and investors alike?

The Venue Residences and Shoppes serves meaningfully different buyer profiles, each with distinct motivations and financial criteria. First-time homebuyers are likely to find the entry price point (commencing from S$2.68 million) challenging unless they possess substantial equity or combined household income exceeding S$450,000–S$550,000; however, those capable of meeting this threshold gain immediate access to premium living standards, generous unit space, and a stable neighbourhood with established community infrastructure. Upgraders transitioning from smaller apartments or HDB holdings find the development particularly appealing, as it represents a genuine step-change in lifestyle whilst remaining accessible to established professionals with accumulated equity. Investors, despite facing the 20% ABSD acquisition tax, recognise the strong rental demand, limited supply scarcity, and stable capital appreciation trajectory of Potong Pasir as compelling value propositions when rental income and long-term appreciation expectations are calibrated conservatively. The mixed-use development character—with integrated retail and dining—enhances appeal across all three cohorts by creating inherent community vitality and resident convenience.

What TDSR and financing headroom considerations apply to The Venue Residences and Shoppes purchase prices?

Total Debt Service Ratio (TDSR) lending criteria, currently capped at 60% of gross monthly income, establish a practical financing ceiling for properties at The Venue Residences and Shoppes price points. A purchase at S$2.68 million, with conventional loan-to-value financing of 80%, requires mortgage service of approximately S$13,500–S$14,500 monthly (depending on prevailing interest rates and loan tenor), which in turn demands household income of approximately S$450,000–S$475,000 annually to remain comfortably within TDSR constraints. This income threshold naturally segments the buyer population toward high-net-worth individuals, established professionals, and successful entrepreneurs, reducing concentration risk from marginal borrowers or first-time buyer cohorts operating on stretched affordability assumptions. Prudent buyers should factor 25–50 basis-points of interest-rate risk into financing calculations, as future rate movements will directly compress available servicing headroom and borrowing capacity. The 20% ABSD applicable to second-property purchases further constrains effective financing availability, as this tax cannot typically be borrowed against and therefore reduces available equity and increases required cash reserves.

How does The Venue Residences and Shoppes compare to other residential developments in Potong Pasir?

The Potong Pasir residential landscape includes several established developments, though meaningful new-release supply remains constrained by land scarcity and planning policies favouring neighbourhood character preservation. Alternative developments may offer comparable unit configurations and similar MRT accessibility, but The Venue Residences and Shoppes distinguishes itself through its integrated shoppe and retail component, creating a mixed-use urban village atmosphere that purely residential competitors cannot replicate. This commercial integration supports resident lifestyle convenience, generates ground-level activity and vibrancy, and creates inherent differentiation in marketing and buyer appeal. Per-square-foot pricing across Potong Pasir broadly aligns across competing developments within the S$2,100–S$2,700 range, though the specific unit attributes, floor level, orientation, and view quality introduce material variance. The Venue's established positioning, transport connectivity, and retail amenity integration position it competitively relative to purely residential alternatives, particularly for upgraders and investors seeking lifestyle convenience alongside investment fundamentals.

Are particular unit stacks or floor levels at The Venue Residences and Shoppes offering better value than others?

Unit value at The Venue Residences and Shoppes is materially influenced by floor level, stack position, and orientation, with higher floors generally commanding premiums of 5–10% or more relative to comparable lower-level units due to enhanced privacy, reduced noise exposure, and improved natural light. However, lower and mid-floor units often deliver superior value-per-dollar, as the premium uplift for additional height does not necessarily proportionate to improved utility or rental appeal for family-oriented tenants. Units positioned centrally within major stacks, with balanced exposure to multiple street frontages or open spaces, typically offer superior natural ventilation and light penetration relative to corner or edge units, though individual preferences and use cases vary materially. Investors seeking optimal rental yield may prioritize mid-floor units (levels 5–15) in central stacks, as these offer compelling balance between acquisition cost, marketability to quality tenants, and operational convenience. Owner-occupiers with lifestyle emphasis may justify premium expenditure for higher floors and superior city views. Careful unit-by-unit appraisal of specific layout, orientation, balcony depth, and stack characteristics is essential, as these microvariances drive material differences in lived experience and long-term capital value.

What is the future supply pipeline for residential developments in this district, and how does it affect The Venue's long-term value?

The eastern corridor residential supply pipeline, encompassing Potong Pasir and adjacent precincts, remains tightly constrained by limited available land, established neighbourhood character policies, and planning frameworks that prioritise conservation over intensive redevelopment. The Urban Redevelopment Authority has historically exercised strict stewardship over Potong Pasir's built form, restricting new residential release and favouring preservation of the neighbourhood's mature, low-rise character. This supply tightness is a structural advantage for existing properties including The Venue Residences and Shoppes, as it ensures persistent scarcity value, resilient rental demand, and stable capital appreciation trajectory relative to precincts experiencing rapid intensification. Foreseeable supply additions across the eastern corridor remain modest, concentrated in isolated sites and typically involving redevelopment of older or underutilised properties rather than greenfield expansion. This supply-demand imbalance supports long-term valuation resilience for The Venue Residences and Shoppes, as demographic inflow, housing demand growth, and limited competitive supply all converge to reinforce price appreciation and rental income stability. However, broader macroeconomic cycles, interest-rate movements, and cyclical real estate sentiment inevitably introduce periodic volatility; the structural supply tightness mitigates downside risk but does not eliminate it entirely.