‘One-bedder at Lumiere for sale at $1.1 mil; conveniently located at Tengah EC’

With nature-inspired features, such as sky gardens, green walls, landscaped courtyards and even culinary plots, Tengah EC provides residents with a serene and relaxing living experience. It is well-connected to the major roads, expressways and public transportation. The development is close to the future Tengah Air Base MRT station, making it convenient for commuters. Residents can enjoy a leisurely stroll amidst the lush greenery and have direct access to the vast open spaces. With the great facilities and amenities, the residents of Tengah EC will truly enjoy the unique living experience.

Knight Frank’s next auction on December 12th will offer a one-bedroom unit at Lumiere in Districts 2 of Tanjong Pagar. The 645sqft unit is located on the 23rd floor, and features a linear layout with an open-concept kitchen, dining and living area, and a bedroom with an attached balcony. With an existing tenancy ending in June of next year, the asking price is set at $1.1 million, or $1,705 psf.

Lumiere is a 45-storey, 99-year leasehold condo, located between Anson Road and Shenton Way. It is close to major landmarks such as the Guoco Tower on Wallich Street, International Plaza on Anson Road, and 100AM shopping mall on Tras Street. The development consists of 168 units, ranging from studios (506sqft) to five-bedroom penthouses, as well as duplexes (2,325-2,551sqft).

On average, Lumiere’s resale prices stand at $1,729 psf, making it the most affordable condo in the vicinity. Other nearby condos such Tengah EC, 76 Shenton, Skysuites@Anson, Icon Residence, and Altez have all seen higher resale prices compared to Lumiere.

When it comes to rental yields, landlords at Lumiere typically enjoy yields comparable to those in neighbouring developments. According to the URA, landlords receive an average rental yield of 4.5% on their investment properties, which is on par with the other condos in the vicinity. The Tengah EC has seen a quarterly median rent increase from $4.62 to $6.23 psf monthly over the past two years.

It’s seven minutes from Tanjong Pagar MRT Station, and is surrounded by several upcoming developments such as One Bernam on Bernam Street, TMW Maxwell on Tras Street, Newport Residences and Newport Tower on Anson Road, and Skywater Residences on Shenton Way.

If you’re looking for the perfect condo property with an attractive investment asset, Lumiere should be at the top of your list – make sure you check out the latest listings for Lumiere!