Millage

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  1
 0
 0

Sale Price *

Average
S$ 1,552 psf
Range
S$ 1,494 - 1,584 psf

Rental Price **

Average
S$ 5.8 psf pm
Range
S$ 3.0 - 7.3 psf pm

Rental Yield **

4.5%

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

Amenities

3.5
3.5

Convenience

3.7
3.7

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
Millage is a freehold apartment completed in 2016. It is developed by MEQUITY ASSETS PTE LTD and designed by RONNY CHIN ARCHITECTS PTE LTD. The development occupies a land area of 1,746 sqm and a Gross Floor Area of 5,237 sqm. It consists of 70 units. According to records, buyers of this development are Singaporean 85.9%, PR 11.8%, Foreigner 2.4%, Company 0.0%.

MILLAGE is located along Changi Road in Geylang, in District 14. It is accessible through the nearest MRTs including Eunos EW7 and Paya Lebar CC9, EW8.

Based on transaction data in the last 12 months, sale prices range from S$ 1,494 psf to S$ 1,584 psf at an average of S$ 1,552 psf. Its highest recorded transaction was S$ 1,654 psf in May 2022 for a 441-sqft unit. Its lowest recorded transaction was S$ 889 psf in Apr 2012 for a 893-sqft unit. Its current rental yield is at 4.5%. Other nearby amenities include: 3 Grocerie(s): EN FROZEN PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, THE FOODSPREE PTE LTD, and 3 Shopping Mall(s): JOO CHIAT COMPLEX, TANJONG KATONG COMPLEX, CITY PLAZA.

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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5
"It has one of the shop which I like, it sells Indonesian foods and snacks. They have delivery to Indonesia as well with weight as the charge. Very convenient location, just beside Geyland Serai Market. Wet market and coffee shops are just a stone throw away."
W****** L**
Google Review     |   16 Feb 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

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Floor Plans
55
4
1

MILLAGE - 55 - 4 - 1

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 MILLAGE (Limited to 10)

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

Asking Price of MILLAGE

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale  selected

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 MILLAGE

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

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$900,000
  • 37% Rental Volume

  • 2 beds
  • •
  • 1 bath
  • Condominium
  • D14
  • 2016
  • Freehold
  • S$ 1,780 psf
  • Changi Road
Terence Tee
send_enquiry
thumb-images
10
$1,258,000
  • 37% Rental Volume

  • 2 beds
  • •
  • 2 baths
  • Condominium
  • D14
  • 2016
  • Freehold
  • S$ 1,330 psf
  • Changi Road
JOAN CHUA
send_enquiry
thumb-images
10
$810,000
  • 37% Rental Volume

  • 1 bed
  • •
  • 1 bath
  • Condominium
  • D14
  • 2016
  • Freehold
  • S$ 1,930 psf
  • Changi Road
Patrick Neo
send_enquiry
thumb-images
10
$1,150,000
  • 37% Rental Volume

  • 1 bed
  • •
  • 1 bath
  • Condominium
  • D14
  • 2016
  • Freehold
  • S$ 1,290 psf
  • Changi Road
Ashlyn Aw
send_enquiry
thumb-images
10
$900,000
  • 37% Rental Volume

  • 2 beds
  • •
  • 1 bath
  • Condominium
  • D14
  • 2016
  • Freehold
  • S$ 1,640 psf
  • Changi Road
Roger Seat
send_enquiry

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