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PENANG SERVICE APARTMENTS

District 14 · LORONG 34 GEYLANG

Overview

PENANG SERVICE APARTMENTS is a condominium in District 14, Singapore. The average transacted price is $1,116/sqft based on 6 recorded transactions. Nearby MRT: DAKOTA MRT STATION, PAYA LEBAR MRT STATION, ALJUNIED MRT STATION.

Price Trends

Price Data (SGD)

PENANG SERVICE APARTMENTS

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Property Summary

Location
16 Lorong 34 Geylang, District 14
Tenure
Freehold
Units
20
Completion
1994
Developer
Not specified
Floors/Blocks
1 block, 6 storeys
Site Area
Not specified
Information is subject to change and should be verified independently.
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Nearby Transport

  • DAKOTA MRT STATION
    Exit A0.68 km • 8 min walk
  • PAYA LEBAR MRT STATION
    Exit D0.77 km • 9 min walk
  • ALJUNIED MRT STATION
    Exit A0.81 km • 10 min walk

Nearby Transport

Nearby Transport

  • DAKOTA MRT STATION
    Exit A0.68 km • 8 min walk
  • PAYA LEBAR MRT STATION
    Exit D0.77 km • 9 min walk
  • ALJUNIED MRT STATION
    Exit A0.81 km • 10 min walk

Nearby Schools

Nearby Schools

  • KONG HWA SCHOOL
    PRIMARY0.28 km away
  • GEYLANG METHODIST SCHOOL (PRIMARY)
    PRIMARY0.69 km away
  • BROADRICK SECONDARY SCHOOL
    SECONDARY0.71 km away
  • GEYLANG METHODIST SCHOOL (SECONDARY)
    SECONDARY0.73 km away
  • CHUNG CHENG HIGH SCHOOL (MAIN)
    SECONDARY1.02 km away

Nearby Supermarkets

Nearby Supermarkets

  • ABEDIN MINIMART
    0.21 km away•ABEDIN TRADING PTE. LTD.
  • FAIRPRICE
    0.21 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • I-TEC SUPERMART
    0.41 km away•I-TEC SUPERMART PTE LTD
  • JINJI FRESH MART
    0.51 km away•JINJI FRESH MART PTE. LTD.
  • HAO MART
    0.66 km away•HAO MART PTE. LTD.

Property Analysis

Penang Service Apartments is a freehold apartment development located in District 14, covering the Geylang and Paya Lebar areas. The project features a median transaction price of $1,218,444 with unit prices ranging from $992 to $1,224 per square foot.

AI-generated analysis based on available market data. Last updated 4 April 2026. This content is for informational purposes only and should not be considered financial advice.

Financial Breakdown

Estimated costs based on median transaction price

Median Price
$1,238,888
Buyer's Stamp Duty
$33,338
Down Payment (25%)
$304,611
Est. Monthly Payment
$4,575/mo
25-year loan at 3.5%

Eligibility Check

Estimate stamp duty based on your buyer profile

ABSD Rate
0%
ABSD Amount
$0
BSD Amount
$33,338
Total Stamp Duty
$33,338
Estimated Monthly Payment
$4,575/mo

Neighbourhood Amenities

Transport

3
  • DAKOTA MRT STATION
  • PAYA LEBAR MRT STATION
  • ALJUNIED MRT STATION

Education

12
  • KONG HWA SCHOOL
  • GEYLANG METHODIST SCHOOL (PRIMARY)
  • BROADRICK SECONDARY SCHOOL
  • +9 more nearby

Convenience

10
  • ABEDIN MINIMART
  • FAIRPRICE
  • I-TEC SUPERMART
  • +7 more nearby

Rental Yield

Insufficient data to calculate rental yield. Sale or rental transaction data is not yet available for this property.

Recent Transactions

(6 of 6)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-05PENANG SERVICE APARTMENTSLORONG 34 GEYLANG94 sqm (1012 sqft)$1,238,888$1224/sqft01-05ApartmentRCR14Freehold
2024-12PENANG SERVICE APARTMENTSLORONG 34 GEYLANG107 sqm (1152 sqft)$1,318,888$1145/sqft01-05ApartmentRCR14Freehold
2024-01PENANG SERVICE APARTMENTSLORONG 34 GEYLANG107 sqm (1152 sqft)$1,298,888$1128/sqft01-05ApartmentRCR14Freehold
2023-04PENANG SERVICE APARTMENTSLORONG 34 GEYLANG94 sqm (1012 sqft)$1,198,000$1184/sqft01-05ApartmentRCR14Freehold
2022-03PENANG SERVICE APARTMENTSLORONG 34 GEYLANG107 sqm (1152 sqft)$1,180,888$1025/sqft06-10ApartmentRCR14Freehold
2021-11PENANG SERVICE APARTMENTSLORONG 34 GEYLANG94 sqm (1012 sqft)$1,003,888$992/sqft06-10ApartmentRCR14Freehold

Market Statistics

Frequently Asked Questions

What is the tenure and district of Penang Service Apartments?

The property is a freehold development located in District 14, which encompasses Paya Lebar and Geylang. This tenure allows for indefinite ownership compared to leasehold properties in the same district.

What is the median price per square foot for this project?

The median price per square foot is $1,136.447. Recent transactions have seen figures ranging from a low of $992 psf to a high of $1,224 psf.

What are the typical unit sizes found in recent transactions?

Based on recent data, transacted units are sized at either 1,012 sqft or 1,152 sqft. These units have sold for prices between $1,180,888 and $1,318,888.

How have prices for the 1,152 sqft units trended?

A 1,152 sqft unit was sold for $1,180,888 ($1,025 psf) in March 2022, rising to $1,298,888 ($1,128 psf) in January 2024. By December 2024, a unit of the same size transacted at $1,318,888 ($1,145 psf).

What is the most recent transacted price at Penang Service Apartments?

The most recent transaction was recorded on 1 May 2025 for a 1,012 sqft unit at a price of $1,238,888. This equates to a price of $1,224 per square foot.

How many transactions have been recorded for this development?

There have been a total of 6 transactions recorded for the project. Five of these transactions took place between March 2022 and May 2025, reflecting the recent market volume.

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Uptrend+8.5% over period
2 years change:+8.5% ($1128 → $1224)
Median PSF:$1145/sqft