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Condo

The Venue Residences and Shoppes — From S$2.7m

6 Tai Thong Crescent

1 for sale
3 people are looking at this property right now
Condo

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$2,680,000.
  • Located 4 min (350 m) from NE10 Potong Pasir MRT Station.

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The Venue Residences and Shoppes: Premium Living in Potong Pasir

The Venue Residences and Shoppes stands as a distinguished mixed-use development positioned in one of Singapore's most vibrant residential neighbourhoods. Situated at 6 Tai Thong Crescent, this project seamlessly integrates residential apartments with retail and commercial spaces, creating a holistic urban living environment that caters to both residents and the broader community. The development's location in Potong Pasir places it at the intersection of established residential charm and contemporary urban convenience, making it an attractive proposition for a diverse range of property buyers.

Strategic Location and Transport Connectivity

Accessibility has been a cornerstone consideration in the development's positioning. The property enjoys exceptional proximity to Potong Pasir MRT Station on the North-East Line, situated merely 350 metres away—approximately a four-minute walk. This positioning ensures that residents benefit from seamless connectivity across Singapore's expansive public transport network. The North-East Line itself provides direct access to key employment hubs, educational institutions, and leisure destinations throughout the eastern and central corridors of the island. For professionals working in the financial district or elsewhere across Singapore, this transit advantage translates into substantially reduced commute times and enhanced flexibility in daily routines.

Neighbourhood Character and Amenities

Potong Pasir has matured into a well-established residential enclave with a strong sense of community identity. The neighbourhood balances the tranquillity of tree-lined streets with the convenience of modern urban infrastructure. Residents at The Venue enjoy proximity to an extensive array of dining, shopping, and entertainment options, many situated within walking distance. The integration of retail and commercial spaces within the development itself further enhances convenience, allowing residents to access everyday necessities without venturing far from home. Schools, healthcare facilities, and recreational spaces punctuate the surrounding area, contributing to the neighbourhood's appeal for families and professionals alike.

Residential Offerings and Space Standards

The development presents a diverse portfolio of apartment configurations designed to accommodate varying household compositions and lifestyle preferences. Units range across multiple bedroom typologies, from intimate layouts suitable for first-time buyers and young professionals to expansive residences catering to growing families and those seeking premium living standards. Floor areas span approximately 1,238 square feet in featured units, though the development encompasses a spectrum of sizes to suit different requirements. The architectural planning emphasises natural light and ventilation, with layouts that maximise usable living space and promote comfortable day-to-day living. Each apartment type has been conceived with modern finishes and contemporary design principles, reflecting current preferences for functional yet aesthetically refined residential spaces.

Investment Perspective and Capital Appreciation

For investors evaluating residential property acquisitions in the Singapore market, The Venue Residences and Shoppes presents a compelling case study in location-driven value creation. The proximity to an MRT station—a proven driver of residential desirability and long-term capital appreciation—positions units well within the investment thesis of many portfolio managers. The established nature of the Potong Pasir neighbourhood, combined with the development's mixed-use positioning and retail integration, creates a self-reinforcing ecosystem that supports both rental demand and owner-occupancy appeal. Properties within close walking distance of transport nodes historically demonstrate stronger resilience during property cycles and command premiums relative to comparably appointed developments situated further from MRT infrastructure.

Market Positioning and Pricing Context

Current market pricing for units within this development reflects a convergence of factors: the Potong Pasir location premium, proximity to MRT infrastructure, the mixed-use nature of the development, and the quality of finishes and amenities provided. Properties within this segment of the Singapore residential market typically command price points commensurate with their locational advantages and the broader economic circumstances affecting the property sector. Prospective buyers should contextualise pricing against recent comparable transactions in the Potong Pasir area and consider the lifetime value proposition that MRT-proximate properties have historically delivered across property cycles. The development's positioning within the mid-to-premium segment of the residential market reflects realistic expectations around buyer demographics and end-user profiles.

Suitability for Different Buyer Profiles

The Venue Residences and Shoppes addresses multiple buyer personas effectively. First-time purchasers drawn to established neighbourhoods with strong transport links will find the location particularly compelling, as will young professionals seeking convenient access to employment centres. Upgrading families moving from smaller premises to larger residences will appreciate the spacious floor plans and neighbourhood amenities suitable for children and active lifestyles. High-net-worth individuals and sophisticated investors recognise the development's long-term value underpinnings—the MRT proximity, neighbourhood stability, and mixed-use character all contribute to a portfolio piece that balances current income generation with capital appreciation potential. The neighbourhood's maturity and established character also appeal to those prioritising stability and community over novelty.

Financing and Affordability Considerations

Prospective buyers should engage with financial advisors to evaluate Loan-to-Value ratios, Total Debt Service Ratio headroom, and overall financing feasibility at current market pricing levels. The development's positioning within the broader residential market typically aligns with lending parameters that accommodate qualified buyers with stable income profiles. Those purchasing as a second residential property must account for Additional Buyer's Stamp Duty at the current rate of 20% for Singapore Citizens, which materially impacts the true cost of acquisition. First-time purchasers benefit from stamp duty concessions and potentially more favourable financing terms, making the development particularly accessible to this cohort. Conservative financial planning—accounting for interest rate variations and personal circumstances—remains prudent practice regardless of buyer category.

Long-Term Value Drivers

The enduring appeal of The Venue Residences and Shoppes rests upon fundamentals that extend beyond any single market cycle. MRT-proximate properties have consistently demonstrated superior long-term appreciation trajectories relative to properties in car-dependent locations. The established nature of the Potong Pasir neighbourhood means that future supply competition, whilst possible, occurs within an environment of established demand and established pricing baselines. The integration of retail and commercial components provides ongoing economic vitality to the immediate vicinity, supporting continued desirability for residents. Demographic trends favouring transit-oriented living, coupled with Singapore's broader commitment to public transport expansion and intensification, suggest that properties with this development's characteristics will remain relevant across multiple generational cohorts and economic environments.

Frequently Asked Questions

What rental yield might an investor expect from purchasing a unit at The Venue Residences and Shoppes?

Rental yield at this development is influenced by the strong MRT-proximate location, which typically supports above-average rental demand from both expatriates and local professionals. Properties within close walking distance of MRT stations in established neighbourhoods like Potong Pasir historically achieve gross rental yields ranging between 2.5% and 3.5%, depending on unit size, exact floor level, and prevailing market conditions. The mixed-use nature of the development, with retail and commercial components, further supports stable rental demand from tenants seeking convenience and accessibility. Prospective investors should obtain recent comparable rental data from property agents specialising in the Potong Pasir area and model rental income conservatively, accounting for periodic vacancy periods and ongoing management costs.

How does the price per square foot at The Venue compare to recent transactions in Potong Pasir?

Pricing within The Venue Residences and Shoppes reflects current market sentiment for MRT-proximate residential properties in the Potong Pasir neighbourhood. Recent comparable sales in the immediate vicinity suggest price points ranging between S$2,100 and S$2,500 per square foot for well-appointed residential apartments, though premium units with superior views or positioning may command higher multiples. The development's mixed-use positioning and integrated retail component may support pricing at the higher end of the local range, as buyers recognise the ongoing convenience and potential uplift to neighbourhood appeal. Prospective purchasers should commission independent valuations and compare recent arm's-length transactions before proceeding with acquisition decisions, as price per square foot can vary significantly based on unit-specific characteristics such as floor level and aspect.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing as a second residential property?

Singapore Citizens acquiring a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20% of the purchase price, calculated cumulatively on top of standard Buyer's Stamp Duty. On a property priced at S$2.68 million, for example, this represents an additional S$536,000 in stamp duty alone, substantially elevating the true cost of acquisition beyond the headline purchase price. This ABSD obligation applies regardless of whether the first property is retained or disposed of; the trigger is the acquisition of a second residential property. Prospective second-property buyers must factor this 20% ABSD into their financial modelling and overall investment thesis, as it meaningfully impacts cash flow requirements and the return profile required to justify the investment. First-time purchasers and those acquiring a single residential property incur no ABSD, making the purchase materially more affordable for these cohorts.

How does lease tenure and potential decay affect long-term resale value at this development?

The Venue Residences and Shoppes, as a leasehold development, is subject to lease tenure considerations that become increasingly material as the lease matures. Properties in Singapore typically operate under 99-year, 103-year, or other fixed lease terms, with lease length influencing financing capacity and future resale value. Lenders typically restrict LTV ratios for properties with remaining lease below 60 years, and investor sentiment softens materially as leases shorten further. Whilst newly completed or recently launched developments typically carry full lease tenure, buyers should confirm exact remaining lease duration before purchase and understand how lease decay may affect their financing capacity and future exit options. The development's positioning in an established MRT-proximate neighbourhood provides some mitigation against lease decay concerns, as demand for the location itself may support pricing even as lease matures, but this remains an important factor in long-term investment analysis.

How does proximity to Potong Pasir MRT station drive demand and capital appreciation?

MRT proximity is one of the most consistently demonstrable drivers of residential capital appreciation in Singapore's property market, with properties within 400 metres of stations commanding measurable premiums relative to car-dependent locations. The Venue Residences and Shoppes' position just 350 metres from Potong Pasir station positions it within the most desirable walking-distance band, supporting both rental demand from tenants valuing convenience and capital appreciation from owner-occupiers recognising the lifetime mobility advantage. The North-East Line's connectivity to major employment centres, educational institutions, and leisure destinations reinforces the ongoing relevance of this location across multiple demographic and economic cycles. Properties at MRT-proximate locations have historically demonstrated superior performance during economic downturns, as their accessibility appeals to cost-conscious renters and buyers during contracting markets. Future transport infrastructure enhancements to the network or intensification of the surrounding area would likely provide additional upside to valuations.

Which buyer profiles—first-timers, upgraders, HNW individuals, investors—is this development most suitable for?

The Venue Residences and Shoppes addresses multiple buyer personas effectively. First-time purchasers benefit from the development's location in an established, well-serviced neighbourhood with strong transport links, whilst enjoying stamp duty exemptions that reduce the true cost of entry relative to second-property acquisitions. Upgrading families moving from smaller premises find the spacious floor plans and neighbourhood amenities—schools, healthcare, recreation—well-suited to family living. High-net-worth individuals appreciate the long-term value fundamentals of MRT-proximate properties and the mixed-use development's role in supporting ongoing neighbourhood vitality and investment appeal. Investors recognise the reliable rental demand supported by the location, the accessibility that appeals to both expatriate and local tenants, and the proven appreciation trajectory of MRT-proximate properties across property cycles. The development's positioning within the mid-to-premium residential segment ensures that it attracts buyers with diverse motivations and investment horizons, each recognising different value propositions within the same asset.

What TDSR and financing headroom should buyers anticipate at typical price points for this development?

Total Debt Service Ratio constraints and financing capacity at current price points typically accommodate buyers with stable household incomes of S$150,000 to S$250,000 per annum, assuming standard loan tenure and interest rate assumptions. At a purchase price of approximately S$2.68 million with a 70% LTV facility, the resulting mortgage obligation would typically consume between 30% and 40% of household income for qualifying buyers, leaving additional TDSR headroom for other obligations such as car loans, credit facilities, and discretionary liabilities. Buyers should engage with banks early in the acquisition process to obtain in-principle approval letters, as individual circumstances—employment stability, existing liabilities, credit history—materially influence available financing capacity. First-time purchasers typically benefit from slightly more relaxed lending parameters, whilst second-property acquisitions may face modestly tighter requirements. Conservative financial planning assuming interest rate increases and accounting for stamp duty, legal fees, and other transaction costs ensures that buyers do not overextend financial capacity during the acquisition process.

How does The Venue Residences and Shoppes compare to nearby competing developments in Potong Pasir?

The Potong Pasir neighbourhood encompasses several residential developments of varying ages, configurations, and price points, each competing for buyers with different preferences and budgets. Nearby developments may offer alternative positioning—some emphasising heritage charm and landmarked preservation, others newer construction with contemporary finishes, and others with varying proximity to the MRT station or retail amenities. The Venue's mixed-use character, integrating retail and commercial components, distinguishes it from pure-residential alternatives and creates an ongoing economic ecosystem that supports neighbourhood vibrancy and tenant demand. The specific MRT proximity of 350 metres places it among the most favourably positioned developments for transport access, though other nearby alternatives may offer comparable or superior locations depending on exact geography. Prospective buyers should physically compare multiple competing developments, assess recent transaction pricing, and evaluate which alternative best aligns with their specific requirements regarding space, finishes, amenities, and lifestyle preferences. Price differential between competing alternatives often reflects minor locational variations rather than material differences in property quality or investment fundamentals.

Which unit stacks or floor levels typically represent best value for money within the development?

Unit value within residential developments typically reflects a combination of floor level, aspect (views towards green space, water, or opposite buildings), facing direction (south-facing units in Singapore may command premiums due to consistent sunlight but also heat gain), and positioning within the stack relative to lifts and common areas. Lower floor units often represent superior value on a price-per-square-foot basis, as buyers gravitating toward higher floors are willing to pay elevation premiums despite functionally identical apartment layouts and specifications. Mid-to-lower tower floors typically strike an optimal balance between valuation and lifestyle quality, offering sufficient elevation to avoid street-level noise and traffic whilst avoiding the premium price points of upper floors. Units positioned away from lift lobbies and common areas often cost less than comparable units with superior positioning, though they may face modest compromise in terms of morning light or ongoing foot traffic near entryways. Prospective buyers should compare pricing across the development's stacks and floor levels, recognising that the best value often lies in units with perfectly adequate but less celebrated characteristics—a strategy that yields strong capital appreciation potential when market sentiment shifts toward valuing fundamentals (location, transport, neighbourhood) rather than premium positioning.

What future supply pipeline exists in Potong Pasir and broader East Singapore, and how might it affect long-term appreciation?

The Potong Pasir neighbourhood and adjacent areas of East Singapore have experienced relatively stable new supply patterns in recent years, with limited pipeline of new residential projects compared to earlier development phases. The neighbourhood's maturity, combined with land scarcity typical of central Singapore locations, suggests that future supply competition will remain measured rather than overwhelming. However, prospective buyers should monitor Urban Redevelopment Authority planning intentions and confirmed pipeline projects in the broader corridor—any significant intensification could theoretically increase supply and potentially moderate future appreciation trajectories. Conversely, the establishment of new transport infrastructure or commercial nodes in adjacent areas could drive uplift to this development's attractiveness by enhancing broader neighbourhood appeal and accessibility. The MRT-proximate positioning of The Venue provides inherent resilience against supply competition, as the location itself commands ongoing demand regardless of new competitor developments. Buyers seeking maximum protection against supply-driven price pressure should prioritise MRT proximity and established neighbourhood character—both characteristics strongly represented in this development—as defensive positioning against future competition.