Studio 3
Studio 3 is a freehold apartment in District 10 (Tanglin) that obtained TOP in 2005, with 66 units across 1 block. Across 157 transactions on record, units have recently transacted around S$1.55M (S$1,796 psf, ~883 sqft). There are 11 units for sale from S$1.20M to S$2.30M.
| Tenure | Freehold |
|---|---|
| TOP year | 2005 |
| Developer | FORTUNE DEVELOPMENT PTE LTD |
| Units | 66 in 1 block |
| District and area | District 10 · Tanglin · CCR |
| Nearest MRT | Great World MRT, 710 m (~11 min walk) |
| Latest median psf | S$1,796 psf, last 12 URA caveats to Mar 2025 |
What's for sale and for rent at Studio 3?
Studio 3 has 11 units listed for sale, asking S$1.20M to S$2.30M (median S$2,232 psf), and 4 units for rent at a median of S$4,900 a month.
For sale
11 listings
S$1.20M – S$2.30M
For rent
4 listings
S$4,900 – S$6,500 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 8 | S$1.20M–S$1.31M | S$2,232 psf |
| 2-bedroom | 2 | S$2.30M–S$2.30M | S$1,505 psf |
| Unspecified | 1 | S$1.25M–S$1.25M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Studio 3?
PropKaki has 17 layouts on record for Studio 3, from 1 to 2 bedrooms (420 sqft to 1,787 sqft).
| Bedrooms | Layouts | Sizes |
|---|---|---|
| 1 Bedroom | 4 | 420 to 915 sq ft |
| 2 Bedroom | 8 | 807 to 1,787 sq ft |
| Other layouts | 5 | 549 to 1,647 sq ft |
PropKaki holds 13 floor plans for Studio 3.
See Studio 3's floor plans — ask PropKaki.
Ask PropKakisqm ↔ sq ft converterLayouts digitised from developer brochures.
What is the price and PSF at Studio 3?
Units have recently transacted around S$1.55M (S$1,796 psf), at a gross rental yield of about 2.5% (URA caveat data).
Recent median price
S$1.55M
recent · 157 sales on record
Median PSF
S$1,796 psf
recent transactions
Median rent (monthly)
S$3,190
513 rentals on record
Gross rental yield
2.5%
indicative, gross
Units currently for sale are asking a median of S$2,232 psf — about 24% above the most recent transacted PSF.
Source: URA caveat data, through Mar 2025.
What has recently sold at Studio 3?
Studio 3 has 157 recorded sales; the most recent transacted at S$1,160,000 in Mar 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Mar 2025 | S$1,160,000 | 560 | S$2,072 psf |
| Apr 2024 | S$1,050,000 | 549 | S$1,913 psf |
| Apr 2024 | S$2,100,000 | 1,485 | S$1,414 psf |
| Jan 2024 | S$1,780,000 | 883 | S$2,017 psf |
| Jan 2023 | S$1,765,000 | 883 | S$2,000 psf |
| Nov 2022 | S$1,548,000 | 1,044 | S$1,483 psf |
| May 2021 | S$1,618,000 | 883 | S$1,833 psf |
| Feb 2021 | S$1,585,000 | 883 | S$1,796 psf |
| Feb 2021 | S$980,000 | 560 | S$1,751 psf |
| Oct 2020 | S$1,585,000 | 883 | S$1,796 psf |
| Sept 2020 | S$980,000 | 549 | S$1,785 psf |
| Apr 2020 | S$1,475,000 | 883 | S$1,671 psf |
157 sales and 513 rentals on record since Jan 2003. Source: URA.
Are prices at Studio 3 rising?
The median transacted PSF at Studio 3 has risen 21% over the past 13 years (2011–2024), from S$1,586 psf to S$1,913 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2024 | S$1,913 psf | S$1.78M | 3 | +6.5% |
| 2021 | S$1,796 psf | S$1.58M | 3 | +0.6% |
| 2020 | S$1,785 psf | S$1.48M | 3 | +10.9% |
| 2018 | S$1,609 psf | S$1.42M | 4 | -7.8% |
| 2017 | S$1,745 psf | S$958k | 2 | +15.8% |
| 2016 | S$1,507 psf | S$898k | 2 | -22.0% |
| 2014 | S$1,931 psf | S$1.06M | 2 | +10.4% |
| 2013 | S$1,749 psf | S$1.04M | 6 | +25.9% |
| 2012 | S$1,389 psf | S$1.40M | 4 | -12.4% |
| 2011 | S$1,586 psf | S$1.40M | 7 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Studio 3 a good investment?
Of 87 units at Studio 3 that were bought and later resold (bought from 2003, resold up to 2025), 97% sold for more than they were bought for, with a median gain of 34% over a median 4.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 24% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
97%
of 87 resales here
Median gain
34%
gross, before costs
Median hold
4.3 years
bought to resold
Every unit at Studio 3 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Studio 3 and what's nearby?
Studio 3 is located in Tanglin, in the Central Region of Singapore.
Studio 3 is a freehold apartment completed in 2005. It was developed by FORTUNE DEVELOPMENT PTE LTD. The development has 66 residential units. It sits on a land area of 2,366 sqm and has a gross floor area of 4,968 sqm. The plot ratio is 2.1.
STUDIO 3 is located at 28 Shanghai Road, Singapore 248196. It is part of District 10, Ardmore / Bukit Timah / Holland Road / Tanglin, Tanglin. The project falls within the Central Region and the CCR market segment.
The nearest rail connection is Great World MRT, approximately 710m away, around 11 minutes on foot. Nearby amenities include Valley Point for shopping, NTUC Fairprice Co-operative Ltd for groceries, Zion Riverside Food Centre for food options, and Ganges Ave Os for greenery and recreation. Facilities in the development include Covered car park, Gymnasium room, Jacuzzi, 24 hours security, and Swimming pool.
How far is Studio 3 from MRT and schools?
The nearest MRT/LRT to Studio 3 is Great World MRT, about 710 m away (~11 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Great World MRT710 m · ~11 min
- Orchard MRT853 m · ~13 min
- Orchard Boulevard MRT853 m · ~13 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Alexandra Primary SchoolPrimary schoolwithin 1 km · P1 priority600 m
- Gan Eng Seng SchoolSecondary schoolwithin 1 km853 m
- River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority930 m
- Crescent Girls' SchoolSecondary school1.1 km
- Zhangde Primary SchoolPrimary school1.3 km
- Queenstown Secondary SchoolSecondary school1.6 km
- Gan Eng Seng Primary SchoolPrimary school1.7 km
- Bukit Merah Secondary SchoolSecondary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Studio 3 and how big is the development?
Studio 3 was developed by FORTUNE DEVELOPMENT PTE LTD, with 66 units over up to 20 storeys.
- Developer
- FORTUNE DEVELOPMENT PTE LTD
- Floors
- 20 storeys
- Blocks
- 1
- Land area
- 2,366 sqm (25,467 sqft)
- Gross floor area
- 4,968 sqm (53,475 sqft)
- Plot ratio
- 2.10
What facilities does Studio 3 have?
Studio 3 has 5 facilities, including Covered car park, Gymnasium room, Jacuzzi, 24 hours security, and more.
What does it cost to own a unit at Studio 3?
Buying a unit at Studio 3 (~S$1.55M) needs about S$11,332/mo in income and S$5,213/mo in repayments, after S$47,000 stamp duty and a S$387k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.55M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$47,000
BSD, tiered
Downpayment (25%)
S$387k
cash + CPF
Monthly instalment
S$5,213/mo
30y @ 3.5%
Income required
S$11,332/mo
TDSR @ stress rate
How many property agents are active around Studio 3?
9,018 CEA-registered agents closed at least one recorded deal in District 10 — where Studio 3 sits — in the last 12 months, across all property types.
Active agents · 12mo
9,018
District 10 · closed ≥1 deal
Deals on record
69,709
all-time · all property types
Source: CEA public transaction records, attributed to District 10 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Studio 3? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Studio 3's own transactions.
PropKakiRecent units at Studio 3 sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Studio 3
Is Studio 3 freehold?⌄
Yes. Studio 3 is freehold, so ownership does not run out.
How old is Studio 3?⌄
Studio 3 was completed (obtained TOP) in 2005, so it is about 21 years old.
Is Studio 3 a good investment?⌄
Of 87 units at Studio 3 that were bought and later resold (bought from 2003, resold up to 2025), 97% sold for more than they were bought for, with a median gain of 34% over a median 4.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 24% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Studio 3 an EC?⌄
No. Studio 3 is a private apartment development, not an executive condominium (EC).
Who is the developer of Studio 3?⌄
Studio 3 was developed by FORTUNE DEVELOPMENT PTE LTD.
What is the price of a condo at Studio 3?⌄
Units at Studio 3 have recently sold for around S$1.55M (S$1,796 psf), the median of the last 12 URA caveats to Mar 2025. The price depends on size, floor and facing. 11 units are listed for sale from S$1.20M to S$2.30M.
Where is Studio 3 located?⌄
Studio 3 is at 28 Shanghai Road, Singapore 248196, in Tanglin (District 10). The nearest MRT station is Great World MRT, about 710 m away.
How many units are there in Studio 3?⌄
Studio 3 has 66 units in 1 block, up to 20 storeys high.
How much do I need to earn to buy at Studio 3?⌄
For a unit around S$1.55M as a first home, you'd need roughly S$11,332/mo in income (assessed at the stress-test rate), with repayments near S$5,213/mo after a S$387k (25%) downpayment and S$47,000 Buyer's Stamp Duty.
Are prices at Studio 3 going up?⌄
The median price per square foot at Studio 3 has risen about 21% between 2011 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Studio 3?⌄
Alexandra Primary School, River Valley Primary School are within 1 km of Studio 3. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.