FreeholdRCRDistrict 12 (Kallang)

The Richmond

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

The Richmond is a freehold apartment in District 12 (Kallang) that obtained TOP in 1999, with 38 units across 1 block. Across 78 transactions on record, units have recently transacted around S$1.70M (S$1,302 psf, ~1,249 sqft). There are 9 units for sale from S$2.00M to S$2.05M.

1

What are the key facts about The Richmond?

Key Takeaway

The Richmond is a freehold apartment in District 12 (Kallang) that obtained TOP in 1999, with 38 units across 1 block.

Tenure
Freehold
TOP / Completion
1999
Developer
TRIO - UNITED REALTY PTE LTD
Total units
38
Blocks
1
District / Area
District 12 (Kallang)
Market segment
RCR
Median PSF
S$1,302 psf
Last transacted
Jul 2025
Remaining lease
Freehold
2

What is the price and PSF at The Richmond?

Key Takeaway

Units have recently transacted around S$1.70M (S$1,302 psf), at a gross rental yield of about 1.5% (URA caveat data).

Recent median price

S$1.70M

recent · 78 sales on record

Median PSF

S$1,302 psf

recent transactions

Median rent (monthly)

S$2,128

92 rentals on record

Gross rental yield

1.5%

indicative, gross

Units currently for sale are asking a median of S$1,641 psf — about 26% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2025.

3

What has recently sold at The Richmond?

Key Takeaway

The Richmond has 78 recorded sales; the most recent transacted at S$1,950,000 in Jul 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2025S$1,950,0001,249S$1,562 psf
Sept 2024S$2,000,0001,238S$1,616 psf
Aug 2024S$1,820,0001,238S$1,470 psf
Dec 2023S$1,840,0001,249S$1,474 psf
Jan 2023S$1,790,0001,259S$1,421 psf
Dec 2022S$2,060,0001,582S$1,302 psf
Oct 2022S$1,700,0001,249S$1,361 psf
Mar 2021S$1,380,0001,238S$1,115 psf
Jan 2020S$1,350,0001,259S$1,072 psf
Mar 2019S$1,288,8881,238S$1,041 psf
Apr 2018S$1,300,0001,238S$1,050 psf
Nov 2017S$1,600,0001,539S$1,039 psf

78 sales and 92 rentals on record since Apr 1997. Source: URA.

4

Are prices at The Richmond rising?

Key Takeaway

The median transacted PSF at The Richmond has risen 269% over the past 20 years (20042024), from S$398 psf to S$1,470 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,470 psfS$1.82M2+3.4%
2023S$1,421 psfS$1.79M2+9.1%
2022S$1,302 psfS$1.70M2+34.5%
2017S$968 psfS$1.25M2-6.3%
2012S$1,033 psfS$1.29M3+30.1%
2011S$794 psfS$1.00M2+7.9%
2010S$736 psfS$845k4+23.9%
2009S$594 psfS$715k5+42.8%
2006S$416 psfS$520k3+4.5%
2004S$398 psfS$550k2

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 The Richmond?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where The Richmond sits — in the last 12 months, across all property types.

Active agents · 12mo

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across 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 The Richmond?

Key Takeaway

The Richmond has 9 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom9S$2.00M–S$2.05MS$1,641 psf
7

Where is The Richmond and what's nearby?

Key Takeaway

The Richmond is located in Kallang, in the Central Region of Singapore.

The Richmond is a freehold apartment completed in 1999. It was developed by TRIO - UNITED REALTY PTE LTD. The development has 38 residential units. It sits on a land area of 1,655 sqm and has a gross floor area of 4,679 sqm. The plot ratio is 2.8.

THE RICHMOND is located at 7 St. Michael'S Road, Singapore 327950. It is part of District 12, Balestier / Toa Payoh / Serangoon, Kallang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Boon Keng MRT, approximately 697m away, around 11 minutes on foot. Nearby amenities include The Poiz Centre for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Blk 29 Bendemeer Road for food options, and St Michael'S Pg for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Gymnasium room, 24 hours security, Swimming pool, and Wading pool.

8

Who built The Richmond and how big is the development?

Key Takeaway

The Richmond was developed by TRIO - UNITED REALTY PTE LTD, with 38 units.

Developer
TRIO - UNITED REALTY PTE LTD
Blocks
1
Land area
1,655 sqm (17,814 sqft)
Gross floor area
4,679 sqm (50,364 sqft)
Plot ratio
2.80
9

How far is The Richmond from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Richmond is Boon Keng MRT, about 697 m away (~11 min walk). 6 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Bendemeer Primary SchoolPrimary schoolwithin 1 km · P1 priority363 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km384 m
  • St Andrew's School (Secondary)Secondary schoolwithin 1 km674 m
  • St Andrew's School (Junior)Primary schoolwithin 1 km · P1 priority725 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority832 m
  • St Andrew's Junior CollegeJunior collegewithin 1 km910 m
  • Northlight SchoolSecondary school1.2 km
  • Cedar Girls' Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: The Poiz Centre · 845 mSupermarket: Sheng Siong Supermarket Pte Ltd · 669 mHawker centre: Blk 29 Bendemeer Road · 653 mPark: St Michael'S Pg · 155 m

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

10

What facilities does The Richmond have?

Key Takeaway

The Richmond has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, 24 hours security, and more.

Barbeque AreaBasement car parkGymnasium room24 hours securitySwimming poolWading pool
11

What does it cost to own a unit at The Richmond?

Key Takeaway

Buying a unit at The Richmond (~S$1.70M) needs about S$12,445/mo in income and S$5,725/mo in repayments, after S$54,600 stamp duty and a S$425k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.70M) 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$54,600

BSD, tiered

Downpayment (25%)

S$425k

cash + CPF

Monthly instalment

S$5,725/mo

30y @ 3.5%

Income required

S$12,445/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 The Richmond? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Richmond's own transactions.

PropKaki
Is The Richmond a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about The Richmond

How much does a unit at The Richmond cost?

Units at The Richmond have recently transacted around S$1.70M (S$1,302 psf), from 78 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Richmond?

For a unit around S$1.70M as a first home, you'd need roughly S$12,445/mo in income (assessed at the stress-test rate), with repayments near S$5,725/mo after a S$425k (25%) downpayment and S$54,600 Buyer's Stamp Duty.

Is The Richmond a good investment?

Gross rental yield is about 1.5%, and current asking prices sit about 26% above the most recent transacted PSF; median PSF has risen about 269% since 2004. 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 The Richmond going up?

The median transacted PSF at The Richmond has risen about 269% between 2004 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Richmond freehold or leasehold?

The Richmond is freehold — ownership does not expire.

When was The Richmond built and who developed it?

The Richmond obtained TOP in 1999, developed by TRIO - UNITED REALTY PTE LTD, with 38 units across 1 block.

How many units are for sale at The Richmond?

There are 9 units for sale at The Richmond, from S$2.00M to S$2.05M.

What is the nearest MRT to The Richmond?

The nearest MRT/LRT station to The Richmond is Boon Keng MRT, about 697 m away (~11 min walk).

Which primary schools are within 1 km of The Richmond?

Bendemeer Primary School, St Andrew's School (Junior), Hong Wen School are within 1 km of The Richmond — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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