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Home/District 2 - Tanjong Pagar, Chinatown/WALLICH RESIDENCE

WALLICH RESIDENCE

District 2CCR99 yrs lease commencing from 2011PropertyGuru

Project Details

Address
WALLICH STREET
Property Type
Apartment
Total Units
181
Est. TOP
2018
Developer
Guocoland
Tenure
99 yrs lease commencing from 2011
Price by Bedroom (median, 3yr)
1-Bed
$1,800,000
2 txns
2-Bed
$3,088,000
4 txns
3-Bed
$4,880,000
8 txns
4-Bed
$5,700,000
3 txns
Median PSF (3yr)
$3019
17 transactions
Normalized PSF
$3,435
Raw $3,019 · Bala 92.5%
vs new D2 launches
+14.0%
Both sides Bala-normalized

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

PSF Trend

Transaction prices per square foot

More projects in District 2 - Tanjong Pagar, Chinatown ->

Investment Signals

No oversubscribed schools within 2kmHigh supply: 3,088 units within 2kmTanjong Pagar MRT (62m)Maxwell MRT (435m)Shenton Way MRT (513m)Telok Ayer MRT (636m)Outram Park MRT (726m)Chinatown MRT (816m)Downtown MRT (826m)Marina Bay MRT (984m)Raffles Place MRT (986m)
Last 3 years
  • WALLICH RESIDENCECCR
    Mar 2026 · D2 · 3-Bed · 1,195 sqft · fl 51-55
    $3,250,000
    $2,720 psf
    $3,095 norm
    Resale
  • WALLICH RESIDENCECCR
    Jan 2026 · D2 · 3-Bed · 1,098 sqft · fl 51-55
    $3,528,000
    $3,213 psf
    $3,656 norm
    Resale
  • WALLICH RESIDENCECCR
    Dec 2025 · D2 · 4-Bed · 1,722 sqft · fl 56-60
    $5,700,000
    $3,310 psf
    $3,766 norm
    Resale
  • WALLICH RESIDENCECCR
    Nov 2025 · D2 · 2-Bed · 861 sqft · fl 46-50
    $2,788,800
    $3,239 psf
    $3,685 norm
    Resale
  • WALLICH RESIDENCECCR
    Aug 2025 · D2 · 1-Bed · 646 sqft · fl 36-40
    $1,640,000
    $2,539 psf
    $2,889 norm
    Resale
  • WALLICH RESIDENCECCR
    May 2025 · D2 · 4-Bed · 1,658 sqft · fl 51-55
    $6,030,000
    $3,638 psf
    $4,139 norm
    Resale
  • WALLICH RESIDENCECCR
    Mar 2025 · D2 · 3-Bed · 1,679 sqft · fl 46-50
    $4,880,000
    $2,906 psf
    $3,306 norm
    Resale
  • WALLICH RESIDENCECCR
    Feb 2025 · D2 · 2-Bed · 915 sqft · fl 56-60
    $3,088,000
    $3,375 psf
    $3,840 norm
    Resale
  • WALLICH RESIDENCECCR
    Feb 2025 · D2 · 2-Bed · 915 sqft · fl 56-60
    $3,128,000
    $3,419 psf
    $3,890 norm
    Resale
  • WALLICH RESIDENCECCR
    Sep 2024 · D2 · 3-Bed · 1,313 sqft · fl 41-45
    $4,128,000
    $3,143 psf
    $3,576 norm
    Resale
  • WALLICH RESIDENCECCR
    Sep 2024 · D2 · 3-Bed · 1,647 sqft · fl 46-50
    $4,938,000
    $2,998 psf
    $3,411 norm
    Resale
  • WALLICH RESIDENCECCR
    Aug 2024 · D2 · 3-Bed · 1,098 sqft · fl 46-50
    $3,200,000
    $2,915 psf
    $3,316 norm
    Resale
  • WALLICH RESIDENCECCR
    Jul 2024 · D2 · 1-Bed · 646 sqft · fl 51-55
    $1,800,000
    $2,787 psf
    $3,171 norm
    Resale
  • WALLICH RESIDENCECCR
    Jul 2024 · D2 · 3-Bed · 1,765 sqft · fl 51-55
    $5,080,000
    $2,878 psf
    $3,274 norm
    Resale
  • WALLICH RESIDENCECCR
    Oct 2023 · D2 · 3-Bed · 1,668 sqft · fl 46-50
    $5,210,000
    $3,123 psf
    $3,553 norm
    Resale
  • WALLICH RESIDENCECCR
    Aug 2023 · D2 · 4-Bed · 1,722 sqft · fl 41-45
    $5,163,000
    $2,998 psf
    $3,411 norm
    Resale
  • WALLICH RESIDENCECCR
    Jun 2023 · D2 · 2-Bed · 861 sqft · fl 46-50
    $2,600,000
    $3,019 psf
    $3,435 norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
WALLICH RESIDENCE2CCR351-551,195$3,250,000$2,720$3,095Mar 2026Resale
WALLICH RESIDENCE2CCR351-551,098$3,528,000$3,213$3,656Jan 2026Resale
WALLICH RESIDENCE2CCR456-601,722$5,700,000$3,310$3,766Dec 2025Resale
WALLICH RESIDENCE2CCR246-50861$2,788,800$3,239$3,685Nov 2025Resale
WALLICH RESIDENCE2CCR136-40646$1,640,000$2,539$2,889Aug 2025Resale
WALLICH RESIDENCE2CCR451-551,658$6,030,000$3,638$4,139May 2025Resale
WALLICH RESIDENCE2CCR346-501,679$4,880,000$2,906$3,306Mar 2025Resale
WALLICH RESIDENCE2CCR256-60915$3,088,000$3,375$3,840Feb 2025Resale
WALLICH RESIDENCE2CCR256-60915$3,128,000$3,419$3,890Feb 2025Resale
WALLICH RESIDENCE2CCR341-451,313$4,128,000$3,143$3,576Sep 2024Resale
WALLICH RESIDENCE2CCR346-501,647$4,938,000$2,998$3,411Sep 2024Resale
WALLICH RESIDENCE2CCR346-501,098$3,200,000$2,915$3,316Aug 2024Resale
WALLICH RESIDENCE2CCR151-55646$1,800,000$2,787$3,171Jul 2024Resale
WALLICH RESIDENCE2CCR351-551,765$5,080,000$2,878$3,274Jul 2024Resale
WALLICH RESIDENCE2CCR346-501,668$5,210,000$3,123$3,553Oct 2023Resale
WALLICH RESIDENCE2CCR441-451,722$5,163,000$2,998$3,411Aug 2023Resale
WALLICH RESIDENCE2CCR246-50861$2,600,000$3,019$3,435Jun 2023Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.