# 1 Loft

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,236 psf
Range
S$ 1,202 - 1,277 psf

Rental Price **

Average
S$ 4.2 psf pm
Range
S$ 2.5 - 6.2 psf pm

Rental Yield **

4.1%

Rental income expressed as a percentage of the property's value.

Amenities

4.0
4.0

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
# 1 Loft is a freehold apartment completed in 2016. It is developed by THE ONE DEVELOPMENT 2 PTE LTD. The development occupies a land area of 202 sqm and a Gross Floor Area of 565 sqm. It consists of 80 units. According to records, buyers of this development are Singaporean 85.1%, PR 14.9%, Foreigner 0.0%, Company 0.0%.

# 1 LOFT is located along Lorong 24 Geylang in Geylang, in District 14. It is accessible through the nearest MRTs including Aljunied EW9 and Mountbatten CC7. The nearest schools are GEYLANG METHODIST SCHOOL (PRIMARY) and GEYLANG METHODIST SCHOOL (SECONDARY).

Based on transaction data in the last 12 months, sale prices range from S$ 1,202 psf to S$ 1,277 psf at an average of S$ 1,236 psf. Its highest recorded transaction was S$ 1,386 psf in Apr 2013 for a 560-sqft unit. Its lowest recorded transaction was S$ 702 psf in Oct 2017 for a 1,324-sqft unit. Its current rental yield is at 4.1%.

Other nearby amenities include: 3 Childcare Centre(s): AMERICARE CHILD DEVELOPMENT CENTRE, THE LITTLE CHAMPIONS (TLC) PTE. LTD., YOUNG TALENTS PRESKOOL PTE LTD, and 3 Grocerie(s): HAO MART PTE. LTD., I-TEC SUPERMART PTE LTD, YEO HOCK HENG, and 3 Kindergarten(s): White Lodge Kindergarten (East Coast), Raffles Montessori Kindergarten (Aljunied), Chen Li Kindergarten, and 2 Shopping Mall(s): GUILLEMARD VILLAGE, Pavilion Square.

Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Beautiful place. With cracks on the paint and dark carpark. Interior of home are different, lofts are always beautiful."
Y* T***
Google Review     |   17 Nov 2021
5
"Catch the early bird deal !, Never wrong. Good exposure is important by using the right advertisement.."
C*** W******
Google Review     |   16 Aug 2021
5
"Excellent location for residence "
T* S****
Google Review     |   11 Mar 2021
5
"Located in an excellent of the Geylang area on Lorong 24, less than 5 minutes from Aljunied MRT. It is within a minute walk to Lai Ming Hotel and No Signboard Seafood Restaurant. It is not along the main road, therefore it is protected from the noise of the busy Geylang Road. One Loft has a swimming pool on 4th floor and there are parking space on 1st floor. Very quiet place on Lorong 24 to build a condo."
B****** L**
Google Review     |   28 Jul 2021
5
"This is an awesome place to stay! Location is superb with great eateries, MRT station, 24 hours supermarket, bus stop etc. within a stone's throw away. There's also a huge hawker centre and Downtown MRT across the bridge (along Guillemard Road). Loving it! Condo is well maintained and clean."
J****** L***
Google Review     |   16 Apr 2021
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Floor Plans
1
2
21

# 1 LOFT - 1 - 2 - 21

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of # 1 LOFT (Limited to 10)

Unit Search
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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of # 1 LOFT
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
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FAQs about # 1 LOFT

What is the nearest MRT Station to # 1 LOFT ?
The nearest MRT Station from # 1 LOFT is Aljunied EW9 MRT

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