FreeholdCCRDistrict 9 (River Valley)

Furama Tower

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2006 (URA)
Quick Summary

Furama Tower is a freehold apartment in District 9 (River Valley) that obtained TOP in 1981, with 33 units across 1 block. Across 17 transactions on record, units have recently transacted around S$1.13M (S$704 psf, ~2,013 sqft). There are 11 units for sale from S$5.50M to S$6.75M.

1

What are the key facts about Furama Tower?

Key Takeaway

Furama Tower is a freehold apartment in District 9 (River Valley) that obtained TOP in 1981, with 33 units across 1 block.

Tenure
Freehold
TOP / Completion
1981
Developer
SB (ORCHARD) DEVELOPMENT PTE LTD (SOILBUILD)
Total units
33
Blocks
1
District / Area
District 9 (River Valley)
Market segment
CCR
Median PSF
S$704 psf
Last transacted
Jul 2006
Remaining lease
Freehold
2

What is the price and PSF at Furama Tower?

Key Takeaway

Units have recently transacted around S$1.13M (S$704 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.13M

recent · 17 sales on record

Median PSF

S$704 psf

recent transactions

Median rent (monthly)

S$2,750

82 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$2,793 psf — about 297% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2006.

3

What has recently sold at Furama Tower?

Key Takeaway

Furama Tower has 17 recorded sales; the most recent transacted at S$76,000,000 in Jul 2006 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2006S$76,000,00052,378S$1,451 psf
Sept 2005S$750,0001,066S$704 psf
Jun 2005S$1,300,0002,013S$646 psf
Jun 2003S$750,0002,250S$333 psf
Sept 2002S$850,0001,066S$798 psf
Aug 2000S$1,850,0002,013S$919 psf
Dec 1999S$1,980,0002,013S$984 psf
Sept 1999S$1,060,0001,066S$995 psf
Aug 1999S$1,570,0002,013S$780 psf
Apr 1999S$1,320,0002,013S$656 psf
Mar 1999S$1,130,0002,013S$561 psf
Dec 1998S$550,0001,066S$516 psf

17 sales and 82 rentals on record since Jan 1996. Source: URA.

4

Are prices at Furama Tower rising?

Key Takeaway

The median transacted PSF at Furama Tower has fallen 30% over the past 9 years (19962005), from S$920 psf to S$646 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2005S$646 psfS$750k2-17.2%
1999S$780 psfS$1.32M5-21.6%
1997S$995 psfS$1.13M3+8.2%
1996S$920 psfS$980k2

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Furama Tower?

Key Takeaway

8,303 CEA-registered agents closed at least one recorded deal in District 9 — where Furama Tower sits — in the last 12 months, across all property types.

Active agents · 12mo

8,303

District 9 · closed ≥1 deal

Deals on record

67,358

all-time · all property types

Source: CEA public transaction records, attributed to District 9across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Furama Tower?

Key Takeaway

Furama Tower has 11 units listed for sale, spanning 4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
4-bedroom11S$5.50M–S$6.75MS$2,793 psf
7

Where is Furama Tower and what's nearby?

Key Takeaway

Furama Tower is located in River Valley, in the Central Region of Singapore.

Furama Tower is a freehold apartment completed in 1981. It was developed by SB (ORCHARD) DEVELOPMENT PTE LTD (SOILBUILD). The development has 33 residential units. It sits on a land area of 3,142 sqm and has a gross floor area of 8,789 sqm. The plot ratio is 2.8.

FURAMA TOWER is located at 22 Leonie Hill Road, Singapore 239195. It is part of District 09, Orchard / Cairnhill / River Valley, River Valley. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Somerset MRT, approximately 554m away, around 9 minutes on foot. Nearby amenities include 111 Somerset for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Zion Riverside Food Centre for food options, and Orchard Fountain Corner for greenery and recreation.

8

Who built Furama Tower and how big is the development?

Key Takeaway

Furama Tower was developed by SB (ORCHARD) DEVELOPMENT PTE LTD (SOILBUILD), with 33 units.

Developer
SB (ORCHARD) DEVELOPMENT PTE LTD (SOILBUILD)
Blocks
1
Land area
3,142 sqm (33,820 sqft)
Gross floor area
8,789 sqm (94,604 sqft)
Plot ratio
2.80
9

How far is Furama Tower from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Furama Tower is Somerset MRT, about 554 m away (~9 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority557 m
  • Anglo-Chinese School (Junior)Primary school1.4 km
  • Alexandra Primary SchoolPrimary school1.4 km
  • St. Margaret's School (Primary)Primary school1.4 km
  • School Of The Arts, SingaporeMixed-level school1.6 km
  • Gan Eng Seng SchoolSecondary school1.6 km
  • Zhangde Primary SchoolPrimary school1.9 km
  • Crescent Girls' SchoolSecondary school2.0 km

Shops, food & parks

Mall: 111 Somerset · 365 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 365 mHawker centre: Zion Riverside Food Centre · 814 mPark: Orchard Fountain Corner · 471 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What does it cost to own a unit at Furama Tower?

Key Takeaway

Buying a unit at Furama Tower (~S$1.13M) needs about S$8,272/mo in income and S$3,806/mo in repayments, after S$29,800 stamp duty and a S$283k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.13M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$29,800

BSD, tiered

Downpayment (25%)

S$283k

cash + CPF

Monthly instalment

S$3,806/mo

30y @ 3.5%

Income required

S$8,272/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Furama Tower? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Furama Tower's own transactions.

PropKaki
Is Furama Tower a good buy, and what are units selling for?

Recent units at Furama Tower sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Furama Tower

How much does a unit at Furama Tower cost?

Units at Furama Tower have recently transacted around S$1.13M (S$704 psf), from 17 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Furama Tower?

For a unit around S$1.13M as a first home, you'd need roughly S$8,272/mo in income (assessed at the stress-test rate), with repayments near S$3,806/mo after a S$283k (25%) downpayment and S$29,800 Buyer's Stamp Duty.

Is Furama Tower a good investment?

Gross rental yield is about 2.9%, and current asking prices sit about 297% above the most recent transacted PSF; median PSF has fallen about 30% since 1996. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Furama Tower going up?

The median transacted PSF at Furama Tower has fallen about 30% between 1996 and 2005, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Furama Tower freehold or leasehold?

Furama Tower is freehold — ownership does not expire.

When was Furama Tower built and who developed it?

Furama Tower obtained TOP in 1981, developed by SB (ORCHARD) DEVELOPMENT PTE LTD (SOILBUILD), with 33 units across 1 block.

How many units are for sale at Furama Tower?

There are 11 units for sale at Furama Tower, from S$5.50M to S$6.75M.

What is the nearest MRT to Furama Tower?

The nearest MRT/LRT station to Furama Tower is Somerset MRT, about 554 m away (~9 min walk).

Which primary schools are within 1 km of Furama Tower?

River Valley Primary School is within 1 km of Furama Tower — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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