Boon Court: Project Information Location

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BOON COURT

PROJECT INFORMATION LOCATION

LAND SIZE (SQM) 2,091

PROJECT NAME BOON COURT

STREET NAME STILL ROAD

PROPERTY TYPE APARTMENT

TENURE FREEHOLD

DISTRICT / PLANNING AREA D15 / GEYLANG

COMPLETION 1976

NUMBER OF UNITS 12 UNITS

INDICATIVE PRICE RANGE / S$ 922 - S$ 922 PSF / S$ 922 PSF


AVERAGE*
INDICATIVE RENTAL RANGE / S$ 1.48 - S$ 1.72 PSF PM / S$ 1.62 PSF
AVERAGE* PM

IMPLIED RENTAL YIELD 2.11%


S$ 922 PSF IN FEB 2020 FOR A 1,496-
HISTORICAL HIGH SQFT UNIT
INDICATIVE AVERAGE PRICE 0.0%
FROM HISTORICAL HIGH
S$ 236 PSF IN APR 2003 FOR A 1,442-
HISTORICAL LOW SQFT UNIT
SINGAPOREAN 71.4%, PR 14.3%,
BUYER PROFILE BY STATUS# FOREIGNER 0.0%, COMPANY 14.3%

BUYER PROFILE BY -
PURCHASER ADDRESS#
Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent
the breakdown of current owners.

SALES

TRANSACTIONS IN THE PAST 6 MONTHS (UP TO 15 MOST RECENT)


SEE APPENDIX FOR THE FULL HISTORY

Source: URA, https://www.squarefoot.com.sg

There are no recent transactions

HISTORICAL TRANSACTION PRICES


Source: URA, https://www.squarefoot.com.sg

>500sqft Polynomial Trendline


1,250 1,250

1,000 1,000
Price (S$ psf)

750 750

500 500

250 250

0 0
1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020

HISTORICAL MONTHLY PRICE RANGE


Source: URA, https://www.squarefoot.com.sg

This report was generated on Thursday, 8 Oct 2020 at 20:46pm


PAGE 1 OF 6
Average Price Volume
1,000 2

750 2
Price (S$ psf)

Volume
500 1

250 1

0 0
Jan 1996 Jan 1998 Jan 2000 Jan 2002 Jan 2004 Jan 2006 Jan 2008 Jan 2010 Jan 2012 Jan 2014 Jan 2016 Jan 2018 Jan 2020

ALL BULK PURCHASES BUYER PROFILE


Note: Bulk purchases are transactions that involve multiple units where prices are likely to reflect a Source: URA, https://www.squarefoot.com.sg
discount. Bulk purchases are usually investment units that are not held for long periods of time.
Source: URA, https://www.squarefoot.com.sg
Company: 14.3 %

There are no bulk purchases

PR: 14.3 %

Singaporean: 71.4 %

PROFITABLE TRANSACTIONS
(TOTAL OF 5 TRANSACTIONS)
Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect
of financing.
Source: URA, https://www.squarefoot.com.sg

SOLD UNIT AREA SALE PRICE BOUGHT PURCHASE PRICE PROFIT HOLDING PERIOD ANNUALISED
ADDRESS
ON (SQFT) (S$ PSF) ON (S$ PSF) (S$) (DAYS) (%)

27 FEB 2020 161B STILL ROAD 1,496 922 9 SEP 2010 521 600,000 3,458 6.2

19 AUG 2011 155B STILL ROAD 1,442 720 26 MAY 2009 395 468,000 815 30.8
9 SEP 2010 161B STILL ROAD 1,496 521 20 MAY 1996 401 180,000 5,225 1.8

26 MAY 2009 155B STILL ROAD 1,442 395 15 APR 2003 236 230,000 2,233 8.8

25 APR 2008 167B STILL ROAD 1,496 401 10 AUG 2000 314 130,000 2,815 3.2

UNPROFITABLE TRANSACTIONS
(TOTAL OF 1 TRANSACTION)
Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect
of financing.
Source: URA, https://www.squarefoot.com.sg

SOLD UNIT AREA SALE PRICE BOUGHT PURCHASE PRICE PROFIT HOLDING PERIOD ANNUALISED
ADDRESS
ON (SQFT) (S$ PSF) ON (S$ PSF) (S$) (DAYS) (%)

10 AUG 2000 167B STILL ROAD 1,496 314 26 FEB 1996 384 -105,000 1,627 -4.4

RENTAL

RENTAL CONTRACTS

Source: URA, https://www.squarefoot.com.sg

This report was generated on Thursday, 8 Oct 2020 at 20:46pm


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LEASE UNIT SIZE NUMBER OF MONTHLY RENT MONTHLY RENT
STREET TYPE
START (SQFT) BEDROOMS (S$) (EST. S$ PSF)

AUG 2020 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,150 1.5

AUG 2020 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,500 1.7
JUN 2020 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,400 1.7

FEB 2020 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,600 1.8

AUG 2019 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,150 1.5

JAN 2019 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,600 1.8

AUG 2018 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,500 1.7

JUN 2018 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,950 2.0

NOV 2017 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,800 1.9
NOV 2016 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 3,000 2.1

NOV 2015 STILL ROAD NON-LANDED 1,500 TO 1,600 N.A. 3,400 2.2

OCT 2015 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 3,400 2.3

SEP 2015 STILL ROAD NON-LANDED 1,500 TO 1,600 N.A. 2,800 1.8

MAR 2015 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,300 1.6

NOV 2014 STILL ROAD NON-LANDED 1,500 TO 1,600 N.A. 3,600 2.3
NOV 2013 STILL ROAD NON-LANDED 1,500 TO 1,600 N.A. 3,500 2.3

SEP 2013 STILL ROAD NON-LANDED 1,500 TO 1,600 N.A. 3,200 2.1

MAR 2013 STILL ROAD NON-LANDED 1,400 TO 1,500 N.A. 2,300 1.6

NOV 2012 STILL ROAD NON-LANDED 1,500 TO 1,600 N.A. 3,200 2.1

AVERAGE RENTAL YIELD ANALYSIS


Note: *Based on transactions and rents in the past 6 months.
Source: URA, https://www.squarefoot.com.sg

AVERAGE NO. OF AVERAGE RENTAL


UNIT SIZE NO. OF
MONTHLY RENT* RENTAL PRICE* YIELD*
(SQFT) TRANSACTIONS*
(S$) CONTRACTS* (S$) (%)

1,400 TO 1,500 2,350 3 - - -

HISTORICAL QUARTERLY RENTAL HISTORICAL QUARTERLY RENTAL


Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and
75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any
quarter. quarter.
Source: URA, https://www.squarefoot.com.sg Source: URA, https://www.squarefoot.com.sg

There are no quarterly rental data There are no quarterly rental data

HISTORICAL RENTAL ALONG STILL ROAD

Source: URA, https://www.squarefoot.com.sg

LOWEST RENTAL RENTAL 25TH MEDIAN RENTAL RENTAL 75TH HIGHEST RENTAL
MONTH STREET TYPE CONTRACTS
(S$ PSF PM) (S$ PSF PM) (S$ PSF PM) (S$ PSF PM) (S$ PSF PM)

AUG 2020 STILL ROAD NON-LANDED 1.49 1.58 1.67 2.37 3.07 3

JUN 2020 STILL ROAD NON-LANDED 1.60 1.75 1.90 2.05 2.19 2

APR 2020 STILL ROAD NON-LANDED 3.10 3.10 3.10 3.10 3.10 1

MAR 2020 STILL ROAD NON-LANDED 2.17 2.17 2.17 2.17 2.17 1

FEB 2020 STILL ROAD NON-LANDED 1.74 1.74 1.74 1.74 1.74 1
OCT 2019 STILL ROAD NON-LANDED 2.11 2.11 2.11 2.11 2.11 1

SEP 2019 STILL ROAD NON-LANDED 2.19 2.22 2.25 2.45 2.65 3

AUG 2019 STILL ROAD NON-LANDED 1.45 1.71 2.11 2.59 3.13 4

JUN 2019 STILL ROAD NON-LANDED 1.45 2.09 2.23 2.73 3.17 12

MAR 2019 STILL ROAD NON-LANDED 2.35 2.35 2.35 2.35 2.35 1

OCT 2018 STILL ROAD NON-LANDED 2.25 2.29 2.33 2.38 2.42 2

SEP 2018 STILL ROAD NON-LANDED 2.83 2.83 2.83 2.83 2.83 1

AUG 2018 STILL ROAD NON-LANDED 1.63 2.02 2.41 2.77 3.13 3

JUL 2018 STILL ROAD NON-LANDED 3.13 3.13 3.13 3.13 3.13 1

JUN 2018 STILL ROAD NON-LANDED 1.92 1.98 2.03 2.27 2.50 3

MAY 2018 STILL ROAD NON-LANDED 3.40 3.40 3.40 3.40 3.40 1

MAR 2018 STILL ROAD NON-LANDED 2.68 2.68 2.68 2.68 2.68 1

This report was generated on Thursday, 8 Oct 2020 at 20:46pm


PAGE 3 OF 6
LOWEST RENTAL RENTAL 25TH MEDIAN RENTAL RENTAL 75TH HIGHEST RENTAL
MONTH STREET TYPE CONTRACTS
(S$ PSF PM) (S$ PSF PM) (S$ PSF PM) (S$ PSF PM) (S$ PSF PM)

JAN 2018 STILL ROAD NON-LANDED 3.13 3.13 3.13 3.13 3.13 1

OCT 2017 STILL ROAD NON-LANDED 2.25 2.25 2.25 2.25 2.25 1

SEP 2017 STILL ROAD NON-LANDED 2.35 2.35 2.35 2.35 2.35 1
AUG 2017 STILL ROAD NON-LANDED 2.41 2.41 2.41 2.41 2.41 1

JUL 2017 STILL ROAD NON-LANDED 2.22 2.22 2.22 2.22 2.22 1

JUN 2017 STILL ROAD NON-LANDED 2.21 2.30 2.39 2.47 2.56 2

MAY 2017 STILL ROAD NON-LANDED 1.47 1.68 1.90 2.12 2.34 2

NEARBY PROPERTIES

PRICE COMPARISON (UP TO 50) RENTAL COMPARISON (UP TO 50)


Source: URA, https://www.squarefoot.com.sg Source: URA, https://www.squarefoot.com.sg

Overall Average Minimum Average Maximum Overall Average Minimum Average Maximum

0 250 500 750 1,000 1,250 1,500 1,750 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0

Average: Average:
GALLERY 8 S$ 851 psf GALLERY 8 S$ 3.3 psf pm
Volume: Volume:
1 1
Average: Average:
STILLZ RESIDENCE S$ 941 psf STILLZ RESIDENCE S$ 2.8 psf pm
Volume: Volume:
1 2
Average: Average:
TORIE MANSIONS S$ 997 psf ROYALE MANSIONS S$ 2.2 psf pm
Volume: Volume:
1 1
Average: Average:
ROYALE MANSIONS S$ 1,030 psf KINGS APARTMENTS S$ 1.7 psf pm
Volume: Volume:
1 1
Average: Average:
OVADA 8 S$ 1,042 psf ASPEN LOFT S$ 2.2 psf pm
Volume: Volume:
1 4
Average: Average:
KINGS APARTMENTS S$ 1,052 psf PALM VISTA S$ 2.5 psf pm
Volume: Volume:
1 2
Average: Average:
ASPEN LOFT S$ 1,061 psf THE GERANIUM S$ 2.6 psf pm
Volume: Volume:
1 5
Average: Average:
PALM VISTA S$ 1,064 psf TIVOLI GRANDE S$ 3.1 psf pm
Volume: Volume:
1 5
Average: Average:
THE GERANIUM S$ 1,099 psf JOO CHIAT MANSIONS S$ 2.5 psf pm
Volume: Volume:
1 2
Average: Average:
TIVOLI GRANDE S$ 1,109 psf THE MINT RESIDENCES S$ 2.7 psf pm
Volume: Volume:
3 1
Average: Average:
JOO CHIAT MANSIONS S$ 1,115 psf PARC ELEGANCE S$ 4.1 psf pm
Volume: Volume:
1 19
Average: Average:
THE MINT RESIDENCES S$ 1,132 psf EVERITT EDGE S$ 3.5 psf pm
Volume: Volume:
2 6
0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0
Average:
THE SUNNIFLORA S$ 1,155 psf
Volume:
1
Average:
PARC ELEGANCE S$ 1,208 psf
Volume:
3
Average:
EVERITT EDGE S$ 1,297 psf
Volume:
1
0 250 500 750 1,000 1,250 1,500 1,750

This report was generated on Thursday, 8 Oct 2020 at 20:46pm


PAGE 4 OF 6
PRICE AND RENTAL COMPARISONS (UP TO 50)
Note: Excludes properties with no transactions in the past 6 months. *Prices and rentals are based on data in the past 6 months.
Source: https://www.squarefoot.com.sg

LOWEST AVERAGE HIGHEST LOWEST AVERAGE HIGHEST RENTAL


DISTANCE
MARKER PROJECT TENURE COMPLETION PRICE* PRICE* PRICE* RENTAL* RENTAL* RENTAL* YIELD
(M)
(S$ PSF) (S$ PSF) (S$ PSF) (S$ PSF PM) (S$ PSF PM) (S$ PSF PM) (%)

GALLERY 8 FREEHOLD 2004 479 851 851 851 3.27 3.27 3.27 4.6

STILLZ RESIDENCE FREEHOLD 2011 75 941 941 941 2.52 2.79 3.06 3.6

TORIE MANSIONS FREEHOLD 1993 467 997 997 997 - - - -

ROYALE MANSIONS FREEHOLD 1992 406 1,030 1,030 1,030 2.17 2.17 2.17 2.5

OVADA 8 FREEHOLD 2001 290 1,042 1,042 1,042 - - - -

KINGS APARTMENTS FREEHOLD 1994 499 1,052 1,052 1,052 1.74 1.74 1.74 2.0

ASPEN LOFT FREEHOLD 2005 143 1,061 1,061 1,061 2.00 2.20 2.43 2.5

PALM VISTA FREEHOLD 2008 495 1,064 1,064 1,064 2.38 2.48 2.59 2.8

THE GERANIUM FREEHOLD 2006 293 1,099 1,099 1,099 2.38 2.59 2.84 2.8

TIVOLI GRANDE FREEHOLD 2012 380 864 1,109 1,294 2.65 3.05 3.47 3.3

JOO CHIAT MANSIONS FREEHOLD 1986 212 1,115 1,115 1,115 1.80 2.46 3.12 2.6

THE MINT RESIDENCES FREEHOLD 2009 130 1,083 1,132 1,181 2.71 2.71 2.71 2.9

THE SUNNIFLORA FREEHOLD 2005 497 1,155 1,155 1,155 - - - -

PARC ELEGANCE FREEHOLD 2013 454 984 1,208 1,327 2.73 4.06 5.14 4.0

EVERITT EDGE FREEHOLD 2015 460 1,297 1,297 1,297 2.80 3.53 4.00 3.3

LOCATION OF NEARBY PROPERTIES


Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

NEARBY LAND SALES / NEW LAUNCHES

This report was generated on Thursday, 8 Oct 2020 at 20:46pm


PAGE 5 OF 6
STATUS STREET NAME LOCATION LAND ATTRIBUTES ESTIMATED BREAKEVEN

SITE USE RESIDENTIAL LAND ($M) 959.8


SOLD EUNOSVILLE
TENURE 99 CONSTRUCTION ($M) 316.4
ON 2 (EN BLOC)
JUN (NOW KNOWN SITE AREA (SQM) 34,998.0 LAND FINANCING ($M) 67.2
2017 AS PARC SITE GFA (SQM) 97,994.0 PROFESSIONAL / LEGAL / TAXES ($M) 95.6
ESTA) HIGHEST BID ($M) 959.8 MARKETING / OTHERS ($M) 51.8
HIGHEST BID ($PSF) 909,912,000.0 EST. TOTAL COST ($M) 1,490.8
NUMBER OF BIDS EST. BREAKEVEN ($PSF PPR)
1,413

APPENDIX: ALL PAST TRANSACTIONS

HISTORICAL TRANSACTIONS

Source: URA, https://www.squarefoot.com.sg

CONTRACT TYPE OF UNIT AREA TYPE OF PRICE PRICE PURCHASER


ADDRESS
DATE SALE (SQFT) AREA (S$ PSF) (S$) ADDRESS

27 FEB 2020 161B STILL ROAD RESALE 1,496 STRATA 922 1,380,000 PRIVATE

27 NOV 2017 167A STILL ROAD RESALE 1,496 STRATA 856 1,280,000 PRIVATE

25 JAN 2013 161A STILL ROAD RESALE 1,496 STRATA 789 1,180,000 PRIVATE

19 AUG 2011 155B STILL ROAD RESALE 1,442 STRATA 720 1,038,000 PRIVATE

9 SEP 2010 161B STILL ROAD RESALE 1,496 STRATA 521 780,000 HDB

26 MAY 2009 155B STILL ROAD RESALE 1,442 STRATA 395 570,000 PRIVATE

25 APR 2008 167B STILL ROAD RESALE 1,496 STRATA 401 600,000 HDB

17 MAY 2007 169A STILL ROAD RESALE 1,442 STRATA 361 520,000 PRIVATE

15 APR 2003 155B STILL ROAD RESALE 1,442 STRATA 236 340,000 HDB
10 AUG 2000 167B STILL ROAD RESALE 1,496 STRATA 314 470,000 PRIVATE

1 FEB 1999 157B STILL ROAD RESALE 1,496 STRATA 271 405,000 PRIVATE

20 MAY 1996 161B STILL ROAD RESALE 1,496 STRATA 401 600,000 PRIVATE

26 FEB 1996 167B STILL ROAD RESALE 1,496 STRATA 384 575,000 HDB

DISCLAIMER
This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment
advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users
should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other
decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to
Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and
comprehensive information to generate this report, but we make no representation that it is accurate or complete.

This report was generated on Thursday, 8 Oct 2020 at 20:46pm


PAGE 6 OF 6

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