Ness

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 1,332 psf
Range
S$ 1,062 - 1,533 psf

Rental Price **

Average
S$ 4.4 psf pm
Range
S$ 3.2 - 6.6 psf pm

Rental Yield **

3.9%

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

Amenities

3.2
3.2

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
2 Facilities Available
Gymnasium room
Gymnasium room
Swimming pool
Swimming pool
Description
Ness is a freehold apartment completed in 2015. It is developed by PHOENIX LAND (S) PTE LTD. The development occupies a land area of 827 sqm and a Gross Floor Area of 42 sqm. It consists of 62 units. According to records, buyers of this development are Singaporean 70.1%, PR 23.0%, Foreigner 6.9%, Company 0.0%.

NESS is located along Lorong 32 Geylang in Geylang, in District 14. It is accessible through the nearest MRTs including Dakota CC8 and Aljunied EW9. The nearest schools are KONG HWA SCHOOL and TCM AND HEALTHCARE COLLEGE.

Based on transaction data in the last 12 months, sale prices range from S$ 1,062 psf to S$ 1,533 psf at an average of S$ 1,332 psf. Its highest recorded transaction was S$ 1,533 psf in Jun 2022 for a 431-sqft unit. Its lowest recorded transaction was S$ 853 psf in Apr 2018 for a 1,055-sqft unit. Its current rental yield is at 3.9%.

Other nearby amenities include: 3 Childcare Centre(s): AMERICARE CHILD DEVELOPMENT CENTRE, YOUNG TALENTS PRESKOOL PTE LTD, FIRST JUNIOR PRESCHOOL, and 3 Grocerie(s): ABEDIN TRADING PTE. LTD., I-TEC SUPERMART PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ MOUNTBATTEN Blk 51 (KN), White Lodge Kindergarten (East Coast), Raffles Montessori Kindergarten (Aljunied), and 3 Shopping Mall(s): GUILLEMARD VILLAGE, Pavilion Square, 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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Floor Plans
38
2
1

NESS - 38 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
388 - 624 sqft
No. of Units
53
Bedroom Type
2BR
Area
570 - 1055 sqft
No. of Units
9

Sales Transaction of NESS (Limited to 10)

Unit Search
#
There are 77 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
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 NESS
There are 252 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 (%)
300 to 400
2,150
2
-
-
-
400 to 500
1,935
10
606,972
4
3.8
500 to 600
2,100
1
741,000
2
3.4
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On AUG 2020
Lorong 13 Geylang (Former Yuen Sing Mansion)
Site Use
Residential
Tenure
fh
Plot Ratio
3.1
Site Area (sqm)
731
Site GFA (sqm)
2,252
Highest Bid ($M)
15.2
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
15.2
Construction ($M)
8
Land Financing ($M)
1.3
Profesional / Legal / Taxes ($M)
2.8
Marketing / Others ($M)
1.6
Estimated Total Cost ($M)
28.95
Estimated Breakeven ($psf ppr)
1,195
Sold On SEP 2020
8 Lorong 25A Geylang (Former Advance Apartment)
Site Use
Residential
Tenure
fh
Plot Ratio
2.8
Site Area (sqm)
1,062
Site GFA (sqm)
2,973
Highest Bid ($M)
26.5
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
26.5
Construction ($M)
10.6
Land Financing ($M)
2.3
Profesional / Legal / Taxes ($M)
4.4
Marketing / Others ($M)
2.6
Estimated Total Cost ($M)
46.46
Estimated Breakeven ($psf ppr)
1,452
Sold On JUL 2019
Former Leshan Gardens
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
1,525
Site GFA (sqm)
4,269
Highest Bid ($M)
26.3
Highest Bid ($PSF)
-
Number of BIDS
-
Land ($M)
26.3
Construction ($M)
15.2
Land Financing ($M)
2.3
Profesional / Legal / Taxes ($M)
5
Marketing / Others ($M)
2.9
Estimated Total Cost ($M)
51.64
Estimated Breakeven ($psf ppr)
1,124
Sold On NOV 2020
Guillemard Road (En bloc)
Site Use
Residential
Tenure
fh
Plot Ratio
3.1
Site Area (sqm)
3,450
Site GFA (sqm)
10,625
Highest Bid ($M)
93.0
Highest Bid ($PSF)
813.19
Number of BIDS
-
Land ($M)
93
Construction ($M)
37.7
Land Financing ($M)
8.1
Profesional / Legal / Taxes ($M)
15.7
Marketing / Others ($M)
9.3
Estimated Total Cost ($M)
163.84
Estimated Breakeven ($psf ppr)
1,433
Sold On NOV 2021
Thiam Siew Avenue (En Bloc)
Site Use
Residential
Tenure
fh
Plot Ratio
2.8
Site Area (sqm)
24,507
Site GFA (sqm)
68,621
Highest Bid ($M)
1099.0
Highest Bid ($PSF)
1488
Number of BIDS
-
Land ($M)
1099
Construction ($M)
243.8
Land Financing ($M)
96.2
Profesional / Legal / Taxes ($M)
161.1
Marketing / Others ($M)
96
Estimated Total Cost ($M)
1,696.05
Estimated Breakeven ($psf ppr)
2,296
Sold On JUN 2022
Dunman Road
Site Use
Residential
Tenure
99
Plot Ratio
3.5
Site Area (sqm)
25,234
Site GFA (sqm)
88,320
Highest Bid ($M)
1283.9
Highest Bid ($PSF)
1350.48
Number of BIDS
2
Land ($M)
1283.9
Construction ($M)
313.7
Land Financing ($M)
112.3
Profesional / Legal / Taxes ($M)
191.7
Marketing / Others ($M)
114.1
Estimated Total Cost ($M)
2,015.77
Estimated Breakeven ($psf ppr)
2,120

Listings

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thumb-images
11
$1,600,000
  • 46% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D14
  • 2015
  • Freehold
  • S$ 1,550 psf
  • 38 Lorong 32 Geylang
Alex Goh
send_enquiry
thumb-images
11
View to Offer
  • 46% Rental Volume

  • 2 beds
  • 1 bath
  • D14
  • 2015
  • Freehold
  • S$ 1,440 psf
  • 38 Lorong 32 Geylang
Gary Yeo
send_enquiry
thumb-images
8
View to Offer
  • 46% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D14
  • 2015
  • Freehold
  • S$ 1,440 psf
  • 818 sqft
  • Lorong 32 Geylang
Eugene Lee
send_enquiry
thumb-images
5
View to Offer
  • 46% Rental Volume

  • 2 beds
  • 1 bath
  • Condominium
  • D14
  • 2015
  • Freehold
  • S$ 1,530 psf
  • 818 sqft
  • Lorong 32 Geylang
Terence Tee
send_enquiry
thumb-images
11
$1,250,000
  • 46% Rental Volume

  • 2 beds
  • 1 bath
  • D14
  • 2015
  • Freehold
  • S$ 1,530 psf
  • 38 Lorong 32 Geylang
Joey Tan Tan
send_enquiry
thumb-images
11
$1,600,000
  • 46% Rental Volume

  • 2 beds
  • 2 baths
  • D14
  • 2015
  • Freehold
  • S$ 1,450 psf
  • 38 Lorong 32 Geylang
David Ee
send_enquiry
thumb-images
11
View to Offer
  • 46% Rental Volume

  • 2 beds
  • 1 bath
  • D14
  • 2015
  • Freehold
  • S$ 1,530 psf
  • 38 Lorong 32 Geylang
Jasline Teo
send_enquiry
thumb-images
11
$1,250,000
  • 46% Rental Volume

  • 2 beds
  • 1 bath
  • D14
  • 2015
  • Freehold
  • S$ 1,530 psf
  • 38 Lorong 32 Geylang
Bernard Chia
send_enquiry
thumb-images
4
$680,000
  • 46% Rental Volume

  • 1 bed
  • 1 bath
  • D14
  • 2015
  • Freehold
  • S$ 1,580 psf
  • 38 Lorong 32 Geylang
K S Tan
send_enquiry

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