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Penang Service Apartments

Apartment · District 14 (Geylang / Eunos / Paya Lebar) · Rest of Central Region · Freehold · Updated May 2025 Freehold

Penang Service Apartments is a freehold apartment development in District 14 (Geylang / Eunos / Paya Lebar). It has 6 recorded private transactions. Latest sale: $1,238,888 (May 2025, 94 sqm, floors 01-05). Median $1,137/sqft. Prices up 17.4% over the period.

Latest Sale
$1,238,888
May 2025 · 94 sqm
Median Price
$1,137/sqft
$1,218,444 typical unit
Transactions
6
$992–$1,224 psf
Price Trend
▲ 17.4%
~4.7% a year

Where Penang Service Apartments ranks in District 14

All 139 projects ›
Median psf
Top 91%
#126 / 139 Top 91%
Typical unit price
Top 45%
#62 / 139 Top 45%
Most recent sale
Top 49%
#68 / 139 Top 49%
Price growth
Top 49%
#50 / 103 Top 49%

Median psf over time

Estimate a unit at Penang Service Apartments

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +4.7%/yr
Growth scenario
In 5 years

Freehold development — no lease decay applied. Projection is pure market growth. Past growth does not guarantee future performance. Not financial advice.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,165 4
06-10 $1,009 2

Recent transactions

DateFloorType AreaPricepsf
May 2025 01-05 Resale 94 sqm $1,238,888 $1,224
Dec 2024 01-05 Resale 107 sqm $1,318,888 $1,145
Jan 2024 01-05 Resale 107 sqm $1,298,888 $1,128
Apr 2023 01-05 Resale 94 sqm $1,198,000 $1,184
Mar 2022 06-10 Resale 107 sqm $1,180,888 $1,025
Nov 2021 06-10 Resale 94 sqm $1,003,888 $992
Showing 6 of 6 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Penang Service Apartments is inside the 1 km Primary 1 priority zone for 2 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Penang Service Apartments, with their median resale psf. Useful for comparing what Penang Service Apartments costs per square foot against nearby developments.

More condos in District 14
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Penang Service Apartments

Penang Service Apartments in District 14 (Geylang / Eunos / Paya Lebar) is a freehold apartment development in the Rest of Central Region, a tenure that holds value without lease-decay drag. Its $1,137 psf median sits about 22% below the District 14 median, cheaper than about 90% of projects there. It has a relatively light transaction record, with 6 sales between 2021-11 and 2025-05, ranging from $1,003,888 to $1,318,888. The most recent transaction was a 94 sqm unit (floors 01-05) at $1,238,888 in May 2025, and the median is $1,137 psf. Over the data window, prices here are up about 17.4% (about 4.7% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Penang Service Apartments cost?

The most recent transaction at Penang Service Apartments was $1,238,888 for a 94 sqm unit in 2025-05. The median price is $1,137 per square foot across 6 transactions, ranging from $1,003,888 to $1,318,888. Data sourced from URA.

Is Penang Service Apartments freehold or leasehold?

Penang Service Apartments is freehold development, so it is not subject to meaningful lease decay.

What is the price per square foot (psf) at Penang Service Apartments?

The median price at Penang Service Apartments is $1,137 psf, with transactions ranging from $992 to $1,224 psf. This is based on 6 URA-recorded transactions in District 14.

Have prices at Penang Service Apartments gone up or down?

Prices at Penang Service Apartments have increased by approximately 17.4% over the data period (around 4.7% a year). The median price is currently $1,137 psf, with the most recent sale at $1,238,888 in 2025-05.