One-North Residences Condo for Sale

For sale

 

One-North Residences Condo for Sale | 592 sqft | Tenanted at $3,500 per Month | Prime Investment Near MRT and NUS

If you have been searching for a property in Singapore that combines steady rental income, a prime location, and strong long-term potential, this unit at One-North Residences deserves your attention. Priced at $950,000, this 592 sqft studio is currently tenanted at $3,500 per month, offering immediate rental returns from the moment you take ownership. It is not just a condominium unit—it is a strategic investment in one of Singapore’s most dynamic and future-ready districts.

Located in District 05, within the vibrant One-North and Buona Vista precinct, this development has built a strong reputation over the years. Completed in 2009 with a 99-year leasehold tenure, One-North Residences has consistently attracted professionals, expatriates, researchers, and executives working in nearby business parks and institutions. The area is known for its unique blend of innovation, education, and lifestyle, making it one of the most desirable city-fringe neighborhoods in Singapore.

One of the biggest advantages of this property is its location. The condominium is within walking distance of One-North MRT station (CC23) and just minutes from Buona Vista MRT interchange (CC22/EW21), connecting you effortlessly to both the Circle Line and East-West Line. Whether commuting to the Central Business District, Raffles Place, Marina Bay, or even Jurong’s commercial hub, residents enjoy smooth and convenient access. For tenants working in Fusionopolis, Biopolis, Mediapolis, or other nearby corporate offices, living here significantly reduces travel time and enhances daily convenience.

The proximity to major institutions such as the National University of Singapore (NUS) and INSEAD Business School further strengthens the rental appeal of this unit. Academics, postgraduate students, visiting professors, and international professionals frequently seek accommodation in this area due to its convenience and prestige. This consistent tenant pool helps maintain stable rental demand, even during market fluctuations.

Inside the unit, you will find a thoughtfully designed 592 sqft studio layout. In Singapore terms, this is considered a spacious studio, offering enough room to comfortably separate sleeping, working, and living areas within one open-plan concept. The layout feels practical and livable, not cramped. Positioned on a medium floor, the unit enjoys pleasant views—whether of the city skyline, greenery, or the pool—adding to the sense of openness.

The unit comes equipped with essential features that today’s tenants expect: air-conditioning, a private balcony, cooker hob and hood, walk-in wardrobe, and water heater. The balcony is a valuable addition, providing natural ventilation and a personal outdoor corner to unwind after a long day. The walk-in wardrobe enhances storage convenience, a feature especially appreciated by working professionals and expatriates who often stay long term.

From an investment standpoint, the numbers speak clearly. With a purchase price of $950,000 and an existing tenancy generating $3,500 per month, buyers benefit from immediate income flow. There is no waiting period to secure a tenant, no initial vacancy risk. The One-North district has long been recognized for its strong rental resilience, supported by multinational corporations, research institutes, and technology firms that continuously bring global talent into Singapore.

What makes One-North particularly special is its live-work-play environment. Unlike purely residential neighborhoods, this district was master-planned as an integrated innovation hub. It houses leading companies in technology, biomedical sciences, artificial intelligence, and media. As these industries expand, so does the demand for quality housing nearby. This structural demand supports both rental stability and long-term capital appreciation.

Beyond work, the lifestyle here is vibrant yet balanced. Residents enjoy easy access to trendy cafés, international restaurants, fitness studios, and community spaces. Holland Village is just a short ride away, offering additional dining and entertainment options. For those who value greenery and outdoor activity, nearby parks and connectors provide space for jogging, cycling, or evening strolls.

This property also offers flexibility for future own-stay. While it currently functions as a high-performing investment unit, it can easily transition into a personal residence later on. The city-fringe location offers the perfect balance—close enough to the city for convenience, yet removed enough to provide a more relaxed residential atmosphere. The surrounding community of entrepreneurs, creatives, academics, and researchers creates an inspiring and intellectually stimulating environment.

In terms of valuation, the price of $950,000 translates to approximately $1,605 per square foot, which remains competitive for a well-established development in this prime area. Compared to newer launches nearby that command higher entry prices, this unit presents an attractive opportunity with the added advantage of proven rental performance. Investors are not just buying potential—they are acquiring a property with a demonstrated track record.

The development’s maturity is another plus point. Having been completed in 2009, One-North Residences has a well-established management structure and community. Facilities are maintained, and the project has already demonstrated its ability to retain value and tenant interest over time. Many buyers prefer mature developments for their stability and transparency compared to newly launched projects.

Connectivity is further enhanced by the nearby Commonwealth MRT (EW20), offering even more transport flexibility. Residents can travel easily to Orchard Road, City Hall, or Changi Airport via Singapore’s efficient MRT network. This accessibility enhances both rental desirability and long-term appeal.

Urban planning initiatives continue to position One-North as a key pillar in Singapore’s knowledge-based economy. Ongoing investments in research, technology, and global enterprise reinforce the area’s growth trajectory. For property owners, this means sustained relevance and strong demand for years to come.

In summary, this 592 sqft studio at One-North Residences is more than just a condominium unit—it is a strategic asset in one of Singapore’s most future-focused districts. Priced at $950,000 and currently tenanted at $3,500 per month, it delivers immediate rental income alongside long-term growth potential. Whether you are an investor seeking steady returns or a buyer planning for future own occupation, this property offers a compelling combination of location, lifestyle, and financial sense.

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