283 Studio rent and sale price
D09 / Orchard, Cairnhill, River Valley
Address 283 River Valley Road 283 Studio Singapore 238324
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Apartment, Non-Landed Properties 25 transactions 999-year leasehold from 1841 Latest records Jun 2026
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Project read
Quick summary about 283 Studio
283 Studio is a 999-year leasehold apartment in D09 / Orchard, Cairnhill, River Valley. The page currently tracks 24 rentals and 1 sales.
- Typical rent is $3,400 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,030,000, with median sale PSF at $1,953 psf and total recorded sale value of $1.0M.
- Rent is down 10.3% over the last 3 months. Sale PSF is flat over the last 3 months.
283 Studio Market Position
How this project compares with the wider D09 market before you read the detailed tables.
Rent vs D09 -38.2%
Rents below district median
283 Studio's median rent is $3,400 compared with the D09 median of $5,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D09 -26.0%
Sale PSF below district median
283 Studio's median sale PSF is $1,953 psf versus the D09 median of $2,638 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.96%
Rent support above district screen
Gross yield is roughly 3.96% versus a D09 screen of 2.72%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 107.4% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -14.3%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 999-year leasehold
Leasehold comparison needed
999-year leasehold from 1841 matters most on sale price. Compare 283 Studio against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
283 Studio Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,400
Is the asking rent fair?
$3,250 to $3,550 is the first fair-rent band to check. Above $3,550 should have a visible reason.
Median sale PSF $1,953 psf
Is the purchase price fair?
$1,000,000 to $1,060,000 and $1,890 to $2,010 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,400
Are similar units renting for more?
1 bed and 500 to 600 sqft give the closest unit-size checks.
Rent stability 107.4% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -14.3%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run 283 Studio numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,400/mo Test gross and net yield against typical rent. Buy vs rent $1.0M Compare ownership cost against renting. Mortgage $1.0M Estimate monthly payment from the sale price. Stamp duty $1,953 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
283 Studio Project Facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1841
Property type Apartment, Non-Landed Properties
Sales 1 resale transaction
Total sold value $1.0M
283 Studio Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 24 Jun 2021 to Mar 2026
Sale transactions 1 Oct 2023 to Oct 2023
Rent trend -10.3% Last 3 months
Sale PSF trend 0.0% Last 3 months
283 Studio Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
SOMERSET MRT STATION 0.51 km away
SOMERSET MRT STATION (NS23) 0.51 km away
FORT CANNING MRT STATION (DT20) 0.62 km away
Schools nearby
RIVER VALLEY PRIMARY SCHOOL 0.47 km away
CHATSWORTH INTERNATIONAL SCHOOL (ORCHARD CAMPUS) 0.74 km away
OUTRAM SECONDARY SCHOOL 1.06 km away
ST. MARGARET'S SCHOOL (PRIMARY) 1.14 km away
Amenities
UE SHOPPING MALL Mall / retail · 0.49 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 0.67 km away
ALEXANDRA PARK CONNECTOR Park / green link · 1.73 km away
HAWKER CENTRE (BLK 1 JALAN KUKOH) Food centre · 0.83 km away
283 Studio Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,500 20 rentals in view
Latest median sale PSF $1,953 psf 1 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Mar 2026 1 $3,500 0 - -
Jan 2026 1 $3,500 0 - -
Dec 2025 1 $3,400 0 - -
Nov 2025 1 $6,700 0 - -
Sept 2025 1 $3,200 0 - -
Aug 2025 1 $3,900 0 - -
Jun 2025 1 $3,400 0 - -
May 2025 1 $3,050 0 - -
Jan 2025 1 $3,200 0 - -
Jun 2024 1 $3,200 0 - -
May 2024 2 $3,175 0 - -
Jan 2024 1 $4,000 0 - -
Projects Similar to 283 Studio
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Newton Edge 1.9 km away 246 transactions
- Median rent
- $3,400
- Median sale PSF
- $2,027 psf
- Median rent
- $3,388
- Median sale PSF
- $2,060 psf
- Median rent
- $3,300
- Median sale PSF
- $1,773 psf
- Median rent
- $3,400
- Median sale PSF
- $2,165 psf
- Median rent
- $3,500
- Median sale PSF
- $2,048 psf
- Median rent
- $3,300
- Median sale PSF
- $2,126 psf
283 Studio Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,400 $3,552 24
283 Studio Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
500 to 600 sqft $3,400 $3,253 18
1,000 to 1,100 sqft $6,850 $6,850 2
1,200 to 1,300 sqft $3,250 $3,250 4
283 Studio Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,030,000 $1,953 psf 1
283 Studio Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
283 Studio shows a typical monthly rent of $3,400 across 24 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,400
Rentals 24
Rent signal Moderate
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at 283 Studio point to a typical sale price of $1,030,000 and $1,953 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,030,000
Median PSF $1,953 psf
Sale signal Thin
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1841 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. 283 Studio has 1 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $1.0M
Latest record Mar 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D09 to compare 283 Studio against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
283 Studio FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at 283 Studio?
283 Studio has a median monthly rent of $3,400 across 24 rentals.
What is the typical sale price at 283 Studio?
The median sale price for 283 Studio is $1,030,000, based on 1 sales on this page.
What is the median sale PSF at 283 Studio?
The median sale price per square foot for 283 Studio is $1,953 psf. The average sale PSF is $1,953 psf.
Is 283 Studio freehold or leasehold?
283 Studio is listed as 999-year leasehold from 1841. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is 283 Studio located?
283 Studio is located at 283 River Valley Road 283 Studio Singapore 238324 in D09 / Orchard, Cairnhill, River Valley.
How current is the 283 Studio transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.