Prime Residence

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  3
 0
 0

Sale Price *

Average
S$ 1,391 psf
Range
S$ 1,391 - 1,391 psf

Rental Price **

Average
S$ 4.4 psf pm
Range
S$ 2.9 - 5.6 psf pm

Rental Yield **

3.8%

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

Amenities

4.3
4.3

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
Prime Residence is a freehold apartment completed in 2014. It is developed by SPRINGLIFE DEVELOPMENT PTE LTD. The development occupies a land area of 608 sqm and a Gross Floor Area of 1,703 sqm. It consists of 39 units. According to records, buyers of this development are Singaporean 69.2%, PR 23.1%, Foreigner 3.8%, Company 3.8%.

PRIME RESIDENCE is located along Lorong 22 Geylang in Geylang, in District 14. It is accessible through the nearest MRTs including Mountbatten CC7 and Aljunied EW9. The nearest schools are HANBRIDGE SCHOOL and ST GERARD'S INTERNATIONAL SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,391 psf to S$ 1,391 psf at an average of S$ 1,391 psf. Its highest recorded transaction was S$ 1,391 psf in Apr 2022 for a 409-sqft unit. Its lowest recorded transaction was S$ 882 psf in Dec 2011 for a 893-sqft unit. Its current rental yield is at 3.8%.

Other nearby amenities include: 3 Childcare Centre(s): THE LITTLE CHAMPIONS (TLC) PTE. LTD., MY FIRST SKOOL, ST. GERARD'S SCHOOL LLP, and 3 Grocerie(s): HAO MART PTE. LTD., YEO HOCK HENG, B & S MINI MART PTE. LTD., and 3 Kindergarten(s): White Lodge Kindergarten (East Coast), Chen Li Kindergarten, Iroha 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
Live Here? Tell us more
Write a review
5
"Good location very near town with close proximity to 2 Mrt stations and amenities"
S**** T***
Google Review     |   25 Jun 2022
1
"Worst management ever. The manager Kwan evades your messages, does not follow up on matters and is simply inefficient. My bicyle was accidentally run over by a car inside the condo (even though it was parked at the allocated spot), but they refused to check cctv and refused to compensate. The walls are moldy and the corridor smells musky."
C********
Google Review     |   28 Apr 2021
5
"Good"
S***** I****
Google Review     |   15 Mar 2021
3
"Nice"
L******* B*
Google Review     |   23 Aug 2018
4
"Great place to stay, centre of the city"
R***** B*****
Google Review     |   13 May 2017
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Floor Plans
41
2
1

PRIME RESIDENCE - 41 - 2 - 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 PRIME RESIDENCE (Limited to 10)

Unit Search
#
There are 0 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 PRIME RESIDENCE
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
Sold On MAR 2019
Sims Drive
Site Use
Residential
Tenure
99
Plot Ratio
3
Site Area (sqm)
16,225
Site GFA (sqm)
48,676
Highest Bid ($M)
383.5
Highest Bid ($PSF)
732
Number of BIDS
5
Land ($M)
383.5
Construction ($M)
172.9
Land Financing ($M)
33.6
Profesional / Legal / Taxes ($M)
66.8
Marketing / Others ($M)
39.4
Estimated Total Cost ($M)
696.17
Estimated Breakeven ($psf ppr)
1,329
Sold On AUG 2020
Lorong 13 Geylang (Former Yuen Sing Mansion)
Site Use
Residential
Tenure
fh
Plot Ratio
3.1
Site Area (sqm)
731
Site GFA (sqm)
2,252
Highest Bid ($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 ($psf ppr)
1,433
Sold On JUN 2022
Dunman Road
Site Use
Residential
Tenure
99
Plot Ratio
3.5
Site Area (sqm)
25,234
Site GFA (sqm)
88,320
Highest Bid ($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
$799,000
  • 56% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D14
  • 2014
  • Freehold
  • S$ 1,490 psf
  • 41 Lorong 22 Geylang
Eric Tay CK
send_enquiry
thumb-images
11
View to Offer
  • 56% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D14
  • 2014
  • Freehold
  • S$ 1,960 psf
  • 41 Lorong 22 Geylang
Adrian Hui
send_enquiry

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