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The Alcove

Apartment · District 14 (Geylang / Eunos / Paya Lebar) · Rest of Central Region · 99-year lease (73 yrs left) · Updated Apr 2026

The Alcove is a 99-year lease (73 yrs left) apartment development in District 14 (Geylang / Eunos / Paya Lebar). It has 21 recorded private transactions. Latest sale: $1,540,000 (Apr 2026, 128 sqm, floors 01-05). Median $1,026/sqft. Prices up 21.4% over the period. 73 years lease remaining.

Latest Sale
$1,540,000
Apr 2026 · 128 sqm
Median Price
$1,026/sqft
$1,458,000 typical unit
Transactions
21
$769–$1,161 psf
Price Trend
▲ 21.4%
~4.2% a year

Where The Alcove ranks in District 14

All 139 projects ›
Median psf
Top 96%
#133 / 139 Top 96%
Typical unit price
Top 30%
#42 / 139 Top 30%
Most recent sale
Top 32%
#45 / 139 Top 32%
Price growth
Top 32%
#33 / 103 Top 32%

Median psf over time

Estimate a unit at The Alcove

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

Estimated value
Project forward
Market growth +4.2%/yr
Lease decay −0.31%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

73 yrs
Remaining lease
0.31%
Annual decay (Bala's Table)
2000
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.31% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,018 10
06-10 $1,067 11

Recent transactions

DateFloorType AreaPricepsf
Apr 2026 01-05 Resale 128 sqm $1,540,000 $1,118
Mar 2026 06-10 Resale 135 sqm $1,668,000 $1,148
Feb 2026 06-10 Resale 221 sqm $2,080,000 $874
Dec 2025 01-05 Resale 133 sqm $1,600,000 $1,118
Sep 2025 01-05 Resale 144 sqm $1,590,000 $1,026
Feb 2025 01-05 Resale 126 sqm $1,575,000 $1,161
Sep 2024 06-10 Resale 128 sqm $1,500,000 $1,089
Jun 2024 06-10 Resale 123 sqm $1,458,000 $1,101
May 2024 06-10 Resale 120 sqm $1,430,000 $1,107
Mar 2024 01-05 Resale 115 sqm $1,360,000 $1,099
Nov 2023 06-10 Resale 101 sqm $1,160,000 $1,067
Sep 2023 06-10 Resale 126 sqm $1,530,000 $1,128
Oct 2022 01-05 Resale 128 sqm $1,390,000 $1,009
Sep 2022 06-10 Resale 240 sqm $2,050,000 $794
Apr 2022 01-05 Resale 128 sqm $1,200,000 $871
Apr 2022 01-05 Resale 118 sqm $1,250,000 $984
Feb 2022 01-05 Resale 123 sqm $1,260,000 $952
Feb 2022 06-10 Resale 215 sqm $1,780,000 $769
Oct 2021 06-10 Resale 99 sqm $975,000 $915
Oct 2021 06-10 Resale 121 sqm $1,200,000 $921
Aug 2021 01-05 Resale 118 sqm $1,190,000 $937
Showing 21 of 21 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

The Alcove 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 The Alcove, with their median resale psf. Useful for comparing what The Alcove 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 The Alcove

The Alcove is one of the more affordable projects in District 14 (Geylang / Eunos / Paya Lebar), with a median of $1,026 psf below most of the district. It has a relatively light transaction record, with 21 sales between 2021-08 and 2026-04, ranging from $975,000 to $2,080,000. The most recent transaction was a 128 sqm unit (floors 01-05) at $1,540,000 in Apr 2026, and the median is $1,026 psf. Over the data window, prices here are up about 21.4% (about 4.2% a year). On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 73 years remaining is 0.9188, an annual lease decay of about 0.31%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Alcove cost?

The most recent transaction at The Alcove was $1,540,000 for a 128 sqm unit in 2026-04. The median price is $1,026 per square foot across 21 transactions, ranging from $975,000 to $2,080,000. Data sourced from URA.

Is The Alcove freehold or leasehold?

The Alcove is on a 99-year lease commencing in 2000, with approximately 73 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.31%.

What is the price per square foot (psf) at The Alcove?

The median price at The Alcove is $1,026 psf, with transactions ranging from $769 to $1,161 psf. This is based on 21 URA-recorded transactions in District 14.

Have prices at The Alcove gone up or down?

Prices at The Alcove have increased by approximately 21.4% over the data period (around 4.2% a year). The median price is currently $1,026 psf, with the most recent sale at $1,540,000 in 2026-04.