Ness
Transaction and Price

Condominium

4.1

View Project

Address

38 Lorong 32 Geylang, singapore 398298, Balestier / Geylang (D12-14)

Sale price Range

S$ 800,000 - S$ 1,550,000

Buy (11 units) Rent (4 units)

Project Details

Developer

Phoenix Land (Singapore) Pte Ltd

Tenure

Freehold

PSF

S$ 1,287 - S$ 1,570

Completion Year

2015

# of Floors

N/A

Total Units

Transaction Summary

Type	Transactions	Price
1 room 517 - 517 sqft	1	S$718,000 - S$718,000
2 room 441 - 441 sqft	1	S$680,000 - S$680,000

Type	Transactions	Price
1 room 431 - 570 sqft	5	S$620,000 - S$741,000
2 room 1055 - 1055 sqft	3	S$505,000 - S$1,120,000

Type	Transactions	Price
1 room 452 - 624 sqft	10	S$548,000 - S$800,000
2 room 441 - 1055 sqft	6	S$505,000 - S$1,120,000

25 Total Sale Transactions

Type	Transactions	Price
1 room 388 - 624 sqft	17	S$525,333 - S$800,000
2 room 1055 - 1055 sqft	8	S$505,000 - S$1,120,000

Type	Transactions	Price
1 room 452 - 624 sqft	22	S$500,000 - S$800,000
2 room 1055 - 1055 sqft	8	S$505,000 - S$1,120,000

Type	Transactions	Price
1 room 400 - 600 sqft	10	S$1,800 - S$2,900
2 room 800 - 900 sqft	1	S$3,500 - S$3,500

Type	Transactions	Price
1 room 400 - 600 sqft	23	S$1,700 - S$2,900
2 room 800 - 900 sqft	1	S$3,500 - S$3,500

Type	Transactions	Price
1 room 400 - 600 sqft	49	S$1,650 - S$2,900
2 room 800 - 900 sqft	4	S$2,200 - S$3,500

Type	Transactions	Price
1 room 400 - 600 sqft	121	S$1,500 - S$2,900
2 room 800 - 1000 sqft	17	S$1,800 - S$3,500
notInformed room 400 - 600 sqft	20	S$1,550 - S$2,050

Type	Transactions	Price
notInformed room 400 - 1000 sqft	50	S$1,550 - S$3,200
1 room 400 - 600 sqft	185	S$1,500 - S$2,900
2 room 800 - 1000 sqft	25	S$1,800 - S$3,500

Available Unit

Type	Units
1 room 441 - 700 sqft	4 Units S$2,700 - S$3,200 View Available Units

Type	Units
1 room 560 - 560 sqft	1 Units S$800,000 - S$800,000 View Available Units
2 room 570 - 1049 sqft	10 Units S$895,000 - S$1,550,000 View Available Units

Project Details

Developer

Phoenix Land (Singapore) Pte Ltd

Tenure

Freehold

PSF

S$ 1,287 - S$ 1,570

Completion Year

2015

# of Floors

N/A

Total Units

Pricing Insights

Last Transaction Price

S$ 0

0 transactions

1 bed

0 - 0 sqft
2 beds

0 - 0 sqft

Sep 2022

#08-XX

Blk 38

S$ 718,000

S$ 1,390.00 sqft
Jun 2022

#05-XX

Blk 38

S$ 660,000

S$ 1,533.00 sqft
May 2022

#04-XX

Blk 38

S$ 741,000

S$ 1,299.00 sqft
Mar 2022

#03-XX

Blk 38

S$ 642,888

S$ 1,493.00 sqft
Feb 2022

#06-XX

Blk 38

S$ 620,000

S$ 1,440.00 sqft
Dec 2021

#05-XX

Blk 38

S$ 638,000

S$ 1,482.00 sqft
Nov 2021

#08-XX

Blk 38

S$ 800,000

S$ 1,281.00 sqft
Jul 2021

#06-XX

Blk 38

S$ 600,000

S$ 1,296.00 sqft
May 2021

#03-XX

Blk 38

S$ 548,000

S$ 1,414.00 sqft
Apr 2021

#07-XX

Blk 38

S$ 615,000

S$ 1,360.00 sqft
Dec 2020

#02-XX

Blk 38

S$ 575,000

S$ 1,242.00 sqft
Nov 2020

#05-XX

Blk 38

S$ 570,000

S$ 1,231.00 sqft
Oct 2020

#03-XX

Blk 38

S$ 583,000

S$ 1,354.00 sqft
Jun 2019

#05-XX

Blk 38

S$ 560,000

S$ 1,301.00 sqft
Oct 2018

#06-XX

Blk 38

S$ 626,888

S$ 1,387.00 sqft
Sep 2018

#02-XX

Blk 38

S$ 610,000

S$ 1,417.00 sqft
Feb 2018

#06-XX

Blk 38

S$ 525,333

S$ 1,356.00 sqft
Sep 2017

#06-XX

Blk 38

S$ 581,000

S$ 1,255.00 sqft
Jan 2017

#04-XX

Blk 38

S$ 538,000

S$ 1,219.00 sqft
Nov 2016

#02-XX

Blk 38

S$ 590,000

S$ 1,337.00 sqft
Oct 2016

#06-XX

Blk 38

S$ 530,000

S$ 1,172.00 sqft
Jul 2016

#05-XX

Blk 38

S$ 500,000

S$ 1,106.00 sqft
Aug 2012

#04-XX

Blk 38

S$ 646,700

S$ 1,155.00 sqft
Jul 2012

#07-XX

Blk 38

S$ 586,365

S$ 1,297.00 sqft
Jul 2012

#07-XX

Blk 38

S$ 581,700

S$ 1,318.00 sqft

Oct 2022

#05-XX

Blk 38

S$ 680,000

S$ 1,541.00 sqft
Mar 2022

#06-XX

Blk 38

S$ 505,000

S$ 1,144.00 sqft
Mar 2022

#07-XX

Blk 38

S$ 1.12 M

S$ 1,062.00 sqft
Jan 2022

#04-XX

Blk 38

S$ 688,000

S$ 1,253.00 sqft
Mar 2021

#02-XX

Blk 38

S$ 590,000

S$ 1,337.00 sqft
Feb 2021

#05-XX

Blk 38

S$ 585,000

S$ 1,326.00 sqft
Oct 2018

#04-XX

Blk 38

S$ 670,000

S$ 1,174.00 sqft
Apr 2018

#07-XX

Blk 38

S$ 900,000

S$ 853.00 sqft
Jul 2012

#04-XX

Blk 38

S$ 655,900

S$ 1,150.00 sqft
Jul 2012

#04-XX

Blk 38

S$ 655,900

S$ 1,150.00 sqft
Jul 2012

#07-XX

Blk 38

S$ 738,200

S$ 1,294.00 sqft
Jun 2012

#04-XX

Blk 38

S$ 642,500

S$ 1,170.00 sqft
Jun 2012

#05-XX

Blk 38

S$ 720,000

S$ 1,262.00 sqft
Apr 2012

#07-XX

Blk 38

S$ 947,300

S$ 1,023.00 sqft
Apr 2012

#07-XX

Blk 38

S$ 1.02 M

S$ 967.00 sqft
Apr 2012

#07-XX

Blk 38

S$ 920,000

S$ 1,042.00 sqft
Apr 2012

#04-XX

Blk 38

S$ 752,500

S$ 920.00 sqft
Apr 2012

#07-XX

Blk 38

S$ 988,000

S$ 1,020.00 sqft

2 beds

0 - 0 sqft
notInformed bed

0 - 0 sqft
1 bed

0 - 0 sqft

Sep 2022

#XX-XX

S$ 3,500
Dec 2021

#XX-XX

S$ 2,300
Aug 2021

#XX-XX

S$ 2,200
Jun 2021

#XX-XX

S$ 2,500
Jun 2020

#XX-XX

S$ 2,150
Nov 2019

#XX-XX

S$ 2,250
Oct 2019

#XX-XX

S$ 2,000
Oct 2019

#XX-XX

S$ 2,700
Sep 2019

#XX-XX

S$ 2,700
Aug 2019

#XX-XX

S$ 1,900
Jul 2019

#XX-XX

S$ 2,600
May 2019

#XX-XX

S$ 2,300
Apr 2019

#XX-XX

S$ 2,100
Mar 2019

#XX-XX

S$ 2,600
Jan 2019

#XX-XX

S$ 1,800
Jun 2018

#XX-XX

S$ 1,900
Apr 2018

#XX-XX

S$ 1,800
Jan 2018

#XX-XX

S$ 2,150
Aug 2017

#XX-XX

S$ 1,900
Jul 2017

#XX-XX

S$ 1,800
Jun 2017

#XX-XX

S$ 1,850
May 2017

#XX-XX

S$ 2,200
Jan 2017

#XX-XX

S$ 2,800
Jun 2016

#XX-XX

S$ 2,000
Nov 2015

#XX-XX

S$ 2,200

Jan 2021

#XX-XX

S$ 1,700
Jan 2021

#XX-XX

S$ 1,700
Jan 2021

#XX-XX

S$ 1,850
Jan 2021

#XX-XX

S$ 1,850
Jan 2021

#XX-XX

S$ 2,000
Dec 2020

#XX-XX

S$ 1,700
Dec 2020

#XX-XX

S$ 1,950
Dec 2020

#XX-XX

S$ 1,750
Nov 2020

#XX-XX

S$ 1,800
Nov 2020

#XX-XX

S$ 1,550
Nov 2020

#XX-XX

S$ 2,000
Oct 2020

#XX-XX

S$ 2,050
Sep 2020

#XX-XX

S$ 1,700
Sep 2020

#XX-XX

S$ 1,650
Sep 2020

#XX-XX

S$ 1,700
Sep 2020

#XX-XX

S$ 1,700
Sep 2020

#XX-XX

S$ 1,600
Aug 2020

#XX-XX

S$ 1,700
Aug 2020

#XX-XX

S$ 1,650
Aug 2020

#XX-XX

S$ 1,750
Aug 2015

#XX-XX

S$ 1,900
Aug 2015

#XX-XX

S$ 2,000
Aug 2015

#XX-XX

S$ 2,100
Aug 2015

#XX-XX

S$ 2,100
Jul 2015

#XX-XX

S$ 3,200

Dec 2022

#XX-XX

S$ 2,200
Dec 2022

#XX-XX

S$ 2,000
Dec 2022

#XX-XX

S$ 1,800
Nov 2022

#XX-XX

S$ 2,000
Oct 2022

#XX-XX

S$ 2,200
Sep 2022

#XX-XX

S$ 2,350
Sep 2022

#XX-XX

S$ 2,700
Sep 2022

#XX-XX

S$ 2,650
Aug 2022

#XX-XX

S$ 2,000
Aug 2022

#XX-XX

S$ 2,900
Jul 2022

#XX-XX

S$ 2,600
Jun 2022

#XX-XX

S$ 1,700
Jun 2022

#XX-XX

S$ 1,950
Jun 2022

#XX-XX

S$ 2,100
Jun 2022

#XX-XX

S$ 1,900
May 2022

#XX-XX

S$ 1,800
May 2022

#XX-XX

S$ 2,350
Apr 2022

#XX-XX

S$ 1,800
Apr 2022

#XX-XX

S$ 2,300
Mar 2022

#XX-XX

S$ 2,100
Feb 2022

#XX-XX

S$ 2,100
Feb 2022

#XX-XX

S$ 1,750
Feb 2022

#XX-XX

S$ 2,000
Jan 2022

#XX-XX

S$ 1,750
Jan 2022

#XX-XX

S$ 2,150

Price Trends

Lowest Price Highest Price

Capital Gain

Capital gain is the profit one earns on the sale of a real estate asset. It results in capital gain when the selling price exceeds its purchase price. Capital loss arises when the purchase price is higher than the selling price.

Duration	Annualised Capital Gain %
3 years	0.84
4 years	2.38
5 years	1.50
6 years	0.18
7 years	1.80
8 years	1.90
9 years	-0.13
10 years	-0.56
3 years	-2.11
4 years	-2.85
5 years	-3.08
6 years	3.54
7 years	-0.35
8 years	-0.27
9 years	0.15
10 years	-0.77

Rental Yield

Lowest Price Highest Price

Summary

Completed in 2015, Ness offers a total of 62 units. Ness shows a promising sale and rental demand where since the completion of project, there have been a total of 30 sale transactions and 260 rental transactions.

For sales transaction, Ness was transacted at historical high of S$ 1,120,000 in MAR 2022 for a 1055 SQFT unit and at historical low of S$ 500,000 in JUL 2016 for a 452 SQFT unit. As for rental transactions, Ness was transacted at historical high of S$ 3,500 in SEP 2022 for a 800 SQFT unit and historical low of S$ 1,550 in NOV 2020 for a 300 SQFT unit.

Ness Transaction and Price

Project Details

Transaction Summary

Available Unit

Pricing Insights

Summary

Ness
Transaction and Price