Heritage Place
Heritage Place is a 999-year apartment in District 7 (Downtown Core) that obtained TOP in 1998, with 21 units across 1 block. Across 30 transactions on record, units have recently transacted around S$845k (S$589 psf, ~990 sqft). There are 8 units for sale from S$1.69M to S$4.19M. The lease has approximately 800 years remaining.
| Tenure | 999-year leasehold from 1827 (≈800 years left) |
|---|---|
| TOP year | 1998 |
| Developer | STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP) |
| Units | 21 in 1 block |
| District and area | District 7 · Downtown Core · CCR |
| Nearest MRT | Bugis MRT, 225 m (~4 min walk) |
| Latest median psf | S$589 psf, last 12 URA caveats to Jul 2019 |
What's for sale and for rent at Heritage Place?
Heritage Place has 8 units listed for sale, asking S$1.69M to S$4.19M (median S$2,379 psf), and 27 units for rent at a median of S$1,600 a month.
For sale
8 listings
S$1.69M – S$4.19M
For rent
27 listings
S$830 – S$4,000 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 3 | S$1.69M–S$1.69M | S$2,379 psf |
| 2-bedroom | 4 | S$2.38M–S$2.48M | — |
| 3-bedroom | 1 | S$4.19M–S$4.19M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Heritage Place?
Floor plans for Heritage Place aren't in PropKaki's library yet. Across 30 URA caveats, units range from 710 sqft to 1,927 sqft, and the middle half are 947 sqft to 1,507 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 710 sqft | S$1.69M · S$2,379 psf |
| 2-bedroom | 947 sqft to 990 sqft | S$2.38M |
| 3-bedroom | 1,636 sqft | S$4.19M |
Check the Floor Plan Finder for Heritage Place →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Heritage Place?
Units have recently transacted around S$845k (S$589 psf), at a gross rental yield of about 4.8% (URA caveat data).
Recent median price
S$845k
recent · 30 sales on record
Median PSF
S$589 psf
recent transactions
Median rent (monthly)
S$3,350
275 rentals on record
Gross rental yield
4.8%
indicative, gross
Units currently for sale are asking a median of S$2,379 psf — about 304% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2019.
What has recently sold at Heritage Place?
Heritage Place has 30 recorded sales; the most recent transacted at S$1,650,000 in Jul 2019 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2019 | S$1,650,000 | 990 | S$1,666 psf |
| Jul 2019 | S$1,700,000 | 980 | S$1,736 psf |
| Aug 2012 | S$2,380,000 | 1,851 | S$1,286 psf |
| May 2010 | S$1,218,000 | 980 | S$1,243 psf |
| Apr 2009 | S$835,000 | 947 | S$882 psf |
| Nov 2007 | S$1,100,000 | 990 | S$1,111 psf |
| Feb 2006 | S$1,090,000 | 1,851 | S$589 psf |
| Sept 2004 | S$800,000 | 1,851 | S$432 psf |
| Jun 2004 | S$800,000 | 1,851 | S$432 psf |
| Jun 2004 | S$500,000 | 947 | S$528 psf |
| Oct 2003 | S$537,000 | 990 | S$542 psf |
| Oct 2003 | S$845,000 | 1,927 | S$439 psf |
30 sales and 275 rentals on record since Apr 1997. Source: URA.
Are prices at Heritage Place rising?
The median transacted PSF at Heritage Place has risen 102% over the past 22 years (1997–2019), from S$826 psf to S$1,666 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2019 | S$1,666 psf | S$1.65M | 2 | +285.6% |
| 2004 | S$432 psf | S$800k | 3 | -3.1% |
| 2003 | S$446 psf | S$537k | 4 | -46.3% |
| 2001 | S$830 psf | S$822k | 3 | +0.5% |
| 1997 | S$826 psf | S$820k | 12 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Heritage Place a good investment?
Of 10 units at Heritage Place that were bought and later resold (bought from 1997, resold up to 2019), 70% sold for more than they were bought for, with a median gain of 38% over a median 5.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.8%. Units listed now ask about 304% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
70%
of 10 resales here
Median gain
38%
gross, before costs
Median hold
5.3 years
bought to resold
Every unit at Heritage Place with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Heritage Place and what's nearby?
Heritage Place is located in Downtown Core, in the Central Region of Singapore.
Heritage Place is a 999-year apartment completed in 1998. It was developed by STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP). The development has 21 residential units. It sits on a land area of 1,039 sqm and has a gross floor area of 4,362 sqm. The plot ratio is 4.2.
HERITAGE PLACE is located at 21 Tan Quee Lan Street, Singapore 188108. It is part of District 07, Middle Road / Golden Mile, Downtown Core. The project falls within the Central Region and the CCR market segment.
The nearest rail connection is Bugis MRT, approximately 225m away, around 4 minutes on foot. Nearby amenities include Bugis Junction for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Albert Centre Market & Food Centre for food options, and War Memorial Pk for greenery and recreation.
How far is Heritage Place from MRT and schools?
The nearest MRT/LRT to Heritage Place is Bugis MRT, about 225 m away (~4 min walk). 1 school is within 1 km.
Getting around
- Bugis MRT225 m · ~4 min
- Esplanade MRT566 m · ~9 min
- Bras Basah MRT667 m · ~10 min
Schools nearby
- School Of The Arts, SingaporeMixed-level schoolwithin 1 km864 m
- St. Margaret's School (Primary)Primary school1.3 km
- Farrer Park Primary SchoolPrimary school1.7 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Heritage Place and how big is the development?
Heritage Place was developed by STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP), with 21 units over up to 5 storeys.
- Developer
- STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP)
- Floors
- 5 storeys
- Blocks
- 1
- Land area
- 1,039 sqm (11,184 sqft)
- Gross floor area
- 4,362 sqm (46,952 sqft)
- Plot ratio
- 4.20
What does it cost to own a unit at Heritage Place?
Buying a unit at Heritage Place (~S$845k) needs about S$6,186/mo in income and S$2,846/mo in repayments, after S$19,950 stamp duty and a S$211k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$845k) 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$19,950
BSD, tiered
Downpayment (25%)
S$211k
cash + CPF
Monthly instalment
S$2,846/mo
30y @ 3.5%
Income required
S$6,186/mo
TDSR @ stress rate
How many property agents are active around Heritage Place?
3,436 CEA-registered agents closed at least one recorded deal in District 7 — where Heritage Place sits — in the last 12 months, across all property types.
Active agents · 12mo
3,436
District 7 · closed ≥1 deal
Deals on record
12,907
all-time · all property types
Source: CEA public transaction records, attributed to District 7 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Heritage Place? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Heritage Place's own transactions.
PropKakiRecent units at Heritage Place sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Heritage Place
Is Heritage Place freehold?⌄
No. Heritage Place is on a 999-year lease that started in 1827, with about 800 years left.
How old is Heritage Place?⌄
Heritage Place was completed (obtained TOP) in 1998, so it is about 28 years old.
Is Heritage Place a good investment?⌄
Of 10 units at Heritage Place that were bought and later resold (bought from 1997, resold up to 2019), 70% sold for more than they were bought for, with a median gain of 38% over a median 5.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.8%. Units listed now ask about 304% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Heritage Place an EC?⌄
No. Heritage Place is a private apartment development, not an executive condominium (EC).
Who is the developer of Heritage Place?⌄
Heritage Place was developed by STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP).
What is the price of a condo at Heritage Place?⌄
Units at Heritage Place have recently sold for around S$845k (S$589 psf), the median of the last 12 URA caveats to Jul 2019. The price depends on size, floor and facing. 8 units are listed for sale from S$1.69M to S$4.19M.
Where is Heritage Place located?⌄
Heritage Place is at 21 Tan Quee Lan Street, Singapore 188108, in Downtown Core (District 7). The nearest MRT station is Bugis MRT, about 225 m away.
How many units are there in Heritage Place?⌄
Heritage Place has 21 units in 1 block, up to 5 storeys high.
How much do I need to earn to buy at Heritage Place?⌄
For a unit around S$845k as a first home, you'd need roughly S$6,186/mo in income (assessed at the stress-test rate), with repayments near S$2,846/mo after a S$211k (25%) downpayment and S$19,950 Buyer's Stamp Duty.
Are prices at Heritage Place going up?⌄
The median price per square foot at Heritage Place has risen about 102% between 1997 and 2019, based on URA caveats. The year-by-year figures are in the price-trend table above.