FreeholdCCRDistrict 10 (Tanglin)

Studio 3

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2025 (URA)
Quick Summary

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$2.70M.

1

What are the key facts about Studio 3?

Key Takeaway

Studio 3 is a freehold apartment in District 10 (Tanglin) that obtained TOP in 2005, with 66 units across 1 block.

Tenure
Freehold
TOP / Completion
2005
Developer
FORTUNE DEVELOPMENT PTE LTD
Total units
66
Blocks
1
District / Area
District 10 (Tanglin)
Market segment
CCR
Median PSF
S$1,796 psf
Last transacted
Mar 2025
Remaining lease
Freehold
2

What is the price and PSF at Studio 3?

Key Takeaway

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$3,171

509 rentals on record

Gross rental yield

2.5%

indicative, gross

Units currently for sale are asking a median of S$2,143 psf — about 19% above the most recent transacted PSF.

Source: URA caveat data, through Mar 2025.

3

What has recently sold at Studio 3?

Key Takeaway

Studio 3 has 157 recorded sales; the most recent transacted at S$1,160,000 in Mar 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2025S$1,160,000560S$2,072 psf
Apr 2024S$1,050,000549S$1,913 psf
Apr 2024S$2,100,0001,485S$1,414 psf
Jan 2024S$1,780,000883S$2,017 psf
Jan 2023S$1,765,000883S$2,000 psf
Nov 2022S$1,548,0001,044S$1,483 psf
May 2021S$1,618,000883S$1,833 psf
Feb 2021S$1,585,000883S$1,796 psf
Feb 2021S$980,000560S$1,751 psf
Oct 2020S$1,585,000883S$1,796 psf
Sept 2020S$980,000549S$1,785 psf
Apr 2020S$1,475,000883S$1,671 psf

157 sales and 509 rentals on record since Jan 2003. Source: URA.

4

Are prices at Studio 3 rising?

Key Takeaway

The median transacted PSF at Studio 3 has risen 21% over the past 13 years (20112024), from S$1,586 psf to S$1,913 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,913 psfS$1.78M3+6.5%
2021S$1,796 psfS$1.58M3+0.6%
2020S$1,785 psfS$1.48M3+10.9%
2018S$1,609 psfS$1.42M4-7.8%
2017S$1,745 psfS$958k2+15.8%
2016S$1,507 psfS$898k2-22.0%
2014S$1,931 psfS$1.06M2+10.4%
2013S$1,749 psfS$1.04M6+25.9%
2012S$1,389 psfS$1.40M4-12.4%
2011S$1,586 psfS$1.40M7

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Studio 3?

Key Takeaway

8,471 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

8,471

District 10 · closed ≥1 deal

Deals on record

67,636

all-time · all property types

Source: CEA public transaction records, attributed to District 10across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Studio 3?

Key Takeaway

Studio 3 has 11 units listed for sale, spanning 1–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom10S$1.20M–S$2.70MS$2,143 psf
2-bedroom1S$2.30M–S$2.30M
7

Where is Studio 3 and what's nearby?

Key Takeaway

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.

8

Who built Studio 3 and how big is the development?

Key Takeaway

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
9

How far is Studio 3 from MRT and schools?

Key Takeaway

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

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

Mall: Valley Point · 303 mSupermarket: NTUC Fairprice Co-operative Ltd · 303 mHawker centre: Zion Riverside Food Centre · 549 mPark: Ganges Ave Os · 720 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does Studio 3 have?

Key Takeaway

Studio 3 has 5 facilities, including Covered car park, Gymnasium room, Jacuzzi, 24 hours security, and more.

Covered car parkGymnasium roomJacuzzi24 hours securitySwimming pool
11

What does it cost to own a unit at Studio 3?

Key Takeaway

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

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.

PropKaki
Is Studio 3 a good buy, and what are units selling for?

Recent units at Studio 3 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Studio 3

How much does a unit at Studio 3 cost?

Units at Studio 3 have recently transacted around S$1.55M (S$1,796 psf), from 157 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Studio 3 a good investment?

Gross rental yield is about 2.5%, and current asking prices sit about 19% above the most recent transacted PSF; median PSF has risen about 21% since 2011. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Studio 3 going up?

The median transacted PSF at Studio 3 has risen about 21% between 2011 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Studio 3 freehold or leasehold?

Studio 3 is freehold — ownership does not expire.

When was Studio 3 built and who developed it?

Studio 3 obtained TOP in 2005, developed by FORTUNE DEVELOPMENT PTE LTD, with 66 units across 1 block.

How many units are for sale at Studio 3?

There are 11 units for sale at Studio 3, from S$1.20M to S$2.70M.

What is the nearest MRT to Studio 3?

The nearest MRT/LRT station to Studio 3 is Great World MRT, about 710 m away (~11 min walk).

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 qualify for Primary 1 (P1) registration priority.

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