Prime Residence
Transaction and Price

Condominium

View Project

Address

41 Lorong 22 Geylang, singapore 398697, Balestier / Geylang (D12-14)

Sale price Range

S$ 560,000 - S$ 699,880

Buy (14 units) Rent (4 units)

Project Details

Developer

Springlife Development Pte Ltd

Tenure

Freehold

PSF

S$ 1,204 - S$ 1,633

Completion Year

2014

# of Floors

N/A

Total Units

Transaction Summary

Type	Transactions	Price
2 room 581 - 581 sqft	1	S$670,000 - S$670,000

Type	Transactions	Price
2 room 581 - 581 sqft	1	S$670,000 - S$670,000

Type	Transactions	Price
2 room 581 - 581 sqft	1	S$670,000 - S$670,000

10 Total Sale Transactions

Type	Transactions	Price
1 room 398 - 538 sqft	6	S$510,000 - S$620,000
2 room 581 - 581 sqft	4	S$555,000 - S$750,000

Type	Transactions	Price
notInformed room 1432 - 1432 sqft	3	S$788,000 - S$1,650,000
1 room 398 - 538 sqft	35	S$461,300 - S$674,300
2 room 581 - 581 sqft	9	S$555,000 - S$750,000

Type	Transactions	Price
1 room 500 - 600 sqft	4	S$1,600 - S$2,200

Type	Transactions	Price
1 room 300 - 600 sqft	14	S$1,400 - S$2,200
2 room 500 - 600 sqft	2	S$1,800 - S$2,150

Type	Transactions	Price
1 room 500 - 900 sqft	42	S$1,400 - S$2,200
2 room 500 - 600 sqft	3	S$1,800 - S$2,150

Type	Transactions	Price
1 room 500 - 900 sqft	109	S$1,400 - S$2,800
2 room 500 - 600 sqft	11	S$1,700 - S$2,200

Type	Transactions	Price
notInformed room 500 - 600 sqft	2	S$1,900 - S$2,200
1 room 500 - 900 sqft	138	S$1,400 - S$2,800
2 room 500 - 600 sqft	16	S$1,700 - S$2,400

Available Unit

Type	Units
1 room 398 - 420 sqft	4 Units S$1,780 - S$2,000 View Available Units

Type	Units
1 room 398 - 538 sqft	13 Units S$560,000 - S$699,880 View Available Units
2 room 538 - 538 sqft	1 Units S$680,000 - S$680,000 View Available Units

Project Details

Developer

Springlife Development Pte Ltd

Tenure

Freehold

PSF

S$ 1,204 - S$ 1,633

Completion Year

2014

# of Floors

N/A

Total Units

Pricing Insights

Last Transaction Price

S$ 0

0 transactions

notInformed bed

0 - 0 sqft
1 bed

0 - 0 sqft
2 beds

0 - 0 sqft

Dec 2011

#08-XX

Blk 41

S$ 788,000

S$ 882.00 sqft
Mar 2011

#-1-XX

Blk 41B

S$ 1.65 M

S$ 1,153.00 sqft
Mar 2011

#-1-XX

Blk 41F

S$ 1.65 M

S$ 1,153.00 sqft
Jan 2011

#-1-XX

Blk 41A

S$ 1.65 M

S$ 1,135.00 sqft
Jan 2011

#-1-XX

Blk 41D

S$ 1.65 M

S$ 1,153.00 sqft
Jan 2011

#-1-XX

Blk 41C

S$ 1.65 M

S$ 1,135.00 sqft
Jan 2011

#-1-XX

Blk 41E

S$ 1.85 M

S$ 1,273.00 sqft
Aug 2010

#-1-XX

Blk 41E

S$ 750,000

S$ 516.00 sqft
Feb 2008

#-1-XX

Blk 41E

S$ 650,000

S$ 447.00 sqft
Jul 2003

#-1-XX

Blk 41A

S$ 360,000

S$ 248.00 sqft

Aug 2018

#03-XX

Blk 41

S$ 620,000

S$ 1,175.00 sqft
Apr 2018

#02-XX

Blk 41

S$ 555,000

S$ 1,357.00 sqft
Nov 2017

#02-XX

Blk 41

S$ 510,000

S$ 1,281.00 sqft
Jun 2017

#06-XX

Blk 41

S$ 575,000

S$ 1,068.00 sqft
Apr 2016

#07-XX

Blk 41

S$ 530,000

S$ 1,296.00 sqft
Mar 2016

#05-XX

Blk 41

S$ 510,000

S$ 1,281.00 sqft
Feb 2013

#06-XX

Blk 41

S$ 599,800

S$ 1,114.00 sqft
Jan 2013

#06-XX

Blk 41

S$ 645,000

S$ 1,223.00 sqft
Jan 2013

#04-XX

Blk 41

S$ 673,700

S$ 1,252.00 sqft
Jan 2013

#03-XX

Blk 41

S$ 648,900

S$ 1,206.00 sqft
Jan 2013

#06-XX

Blk 41

S$ 664,200

S$ 1,234.00 sqft
Jan 2013

#03-XX

Blk 41

S$ 648,400

S$ 1,205.00 sqft
Jan 2013

#07-XX

Blk 41

S$ 660,800

S$ 1,253.00 sqft
Jan 2013

#04-XX

Blk 41

S$ 645,800

S$ 1,224.00 sqft
Jan 2013

#08-XX

Blk 41

S$ 665,700

S$ 1,262.00 sqft
Jan 2013

#04-XX

Blk 41

S$ 652,900

S$ 1,213.00 sqft
Dec 2012

#08-XX

Blk 41

S$ 674,300

S$ 1,253.00 sqft
Nov 2012

#07-XX

Blk 41

S$ 666,700

S$ 1,239.00 sqft
Nov 2012

#04-XX

Blk 41

S$ 515,000

S$ 1,293.00 sqft
Jan 2012

#06-XX

Blk 41

S$ 514,700

S$ 1,328.00 sqft
Dec 2011

#02-XX

Blk 41

S$ 497,000

S$ 1,215.00 sqft
Dec 2011

#07-XX

Blk 41

S$ 639,400

S$ 1,188.00 sqft
Dec 2011

#05-XX

Blk 41

S$ 572,200

S$ 1,085.00 sqft
Dec 2011

#06-XX

Blk 41

S$ 508,300

S$ 1,276.00 sqft
Dec 2011

#03-XX

Blk 41

S$ 495,400

S$ 1,244.00 sqft

Dec 2020

#03-XX

Blk 41

S$ 670,000

S$ 1,153.00 sqft
Jul 2018

#02-XX

Blk 41

S$ 610,000

S$ 1,049.00 sqft
Aug 2017

#04-XX

Blk 41

S$ 555,000

S$ 955.00 sqft
Nov 2016

#07-XX

Blk 41

S$ 750,000

S$ 1,290.00 sqft
Jan 2012

#02-XX

Blk 41

S$ 659,200

S$ 1,134.00 sqft
Dec 2011

#04-XX

Blk 41

S$ 667,600

S$ 1,149.00 sqft
Dec 2011

#03-XX

Blk 41

S$ 663,400

S$ 1,141.00 sqft
Dec 2011

#07-XX

Blk 41

S$ 680,100

S$ 1,170.00 sqft
Dec 2011

#05-XX

Blk 41

S$ 617,900

S$ 1,063.00 sqft

notInformed bed

0 - 0 sqft
1 bed

0 - 0 sqft
2 beds

0 - 0 sqft

Oct 2014

#XX-XX

S$ 1,900

S$ 5.43 sqft
Oct 2014

#XX-XX

S$ 2,200

S$ 4.00 sqft

Sep 2020

#XX-XX

S$ 1,600

S$ 4.57 sqft
Sep 2020

#XX-XX

S$ 2,200

S$ 4.00 sqft
Sep 2020

#XX-XX

S$ 1,800

S$ 4.00 sqft
Aug 2020

#XX-XX

S$ 1,700

S$ 3.09 sqft
Jul 2020

#XX-XX

S$ 1,600

S$ 3.56 sqft
Jul 2020

#XX-XX

S$ 1,700

S$ 4.86 sqft
Jul 2020

#XX-XX

S$ 1,900

S$ 4.22 sqft
Jun 2020

#XX-XX

S$ 1,700

S$ 4.86 sqft
Jun 2020

#XX-XX

S$ 1,800

S$ 5.14 sqft
Jun 2020

#XX-XX

S$ 1,800

S$ 5.14 sqft
Jun 2020

#XX-XX

S$ 1,400

S$ 4.00 sqft
Jun 2020

#XX-XX

S$ 2,050

S$ 4.56 sqft
Mar 2020

#XX-XX

S$ 1,900

S$ 4.22 sqft
Mar 2020

#XX-XX

S$ 1,600

S$ 4.57 sqft
Jan 2020

#XX-XX

S$ 2,100

S$ 6.00 sqft
Dec 2019

#XX-XX

S$ 1,600

S$ 3.56 sqft
Dec 2019

#XX-XX

S$ 1,800

S$ 3.27 sqft
Dec 2019

#XX-XX

S$ 1,550

S$ 4.43 sqft
Dec 2019

#XX-XX

S$ 1,700

S$ 4.86 sqft
Oct 2019

#XX-XX

S$ 1,600

S$ 3.56 sqft
Oct 2019

#XX-XX

S$ 1,900

S$ 3.45 sqft
Sep 2019

#XX-XX

S$ 1,900

S$ 4.22 sqft
Sep 2019

#XX-XX

S$ 1,500

S$ 4.29 sqft
Sep 2019

#XX-XX

S$ 1,600

S$ 4.57 sqft
Sep 2019

#XX-XX

S$ 1,850

S$ 4.11 sqft

Jun 2020

#XX-XX

S$ 2,150

S$ 3.91 sqft
Feb 2020

#XX-XX

S$ 1,800

S$ 3.27 sqft
Sep 2019

#XX-XX

S$ 2,150

S$ 3.91 sqft
Dec 2018

#XX-XX

S$ 1,800

S$ 3.27 sqft
Sep 2018

#XX-XX

S$ 2,150

S$ 3.91 sqft
May 2018

#XX-XX

S$ 2,000

S$ 3.64 sqft
Oct 2017

#XX-XX

S$ 2,100

S$ 3.82 sqft
Sep 2017

#XX-XX

S$ 2,150

S$ 3.91 sqft
Oct 2016

#XX-XX

S$ 2,100

S$ 3.82 sqft
Sep 2016

#XX-XX

S$ 2,200

S$ 4.00 sqft
May 2016

#XX-XX

S$ 1,700

S$ 3.09 sqft
Dec 2015

#XX-XX

S$ 2,200

S$ 4.00 sqft
Sep 2015

#XX-XX

S$ 2,250

S$ 4.09 sqft
Sep 2015

#XX-XX

S$ 2,400

S$ 4.36 sqft
Dec 2014

#XX-XX

S$ 2,200

S$ 4.00 sqft
Dec 2014

#XX-XX

S$ 1,800

S$ 3.27 sqft

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	0.68
4 years	5.26
5 years	5.87
6 years	2.16
7 years	0.48
8 years	-0.34
9 years	2.07
10 years	1.61

Rental Yield

Lowest Price Highest Price

Summary

Completed in 2014, Prime Residence offers a total of 39 units. Prime Residence shows a promising sale and rental demand where since the completion of project, there have been a total of 47 sale transactions and 156 rental transactions.

For sales transaction, Prime Residence was transacted at historical high of S$ 1,850,000 in JAN 2011 for a 1453 SQFT unit and at historical low of S$ 360,000 in JUL 2003 for a 1453 SQFT unit. As for rental transactions, Prime Residence was transacted at historical high of S$ 2,400 in SEP 2015 for a 500 - 600 SQFT unit and historical low of S$ 1,400 in JUN 2020 for a 300 - 400 SQFT unit.

Prime Residence Transaction and Price

Project Details

Transaction Summary

Available Unit

Pricing Insights

Summary

Prime Residence
Transaction and Price