999-yearCCRDistrict 7 (Downtown Core)

Heritage Place

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2019 (URA)
Quick Summary

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 7 units for sale from S$1.69M to S$4.19M. The lease has approximately 800 years remaining.

1

What are the key facts about Heritage Place?

Key Takeaway

Heritage Place is a 999-year apartment in District 7 (Downtown Core) that obtained TOP in 1998, with 21 units across 1 block.

Tenure
999-year
TOP / Completion
1998
Developer
STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP)
Total units
21
Blocks
1
District / Area
District 7 (Downtown Core)
Market segment
CCR
Median PSF
S$589 psf
Last transacted
Jul 2019
Remaining lease
≈ 800 years
2

What is the price and PSF at Heritage Place?

Key Takeaway

Units have recently transacted around S$845k (S$589 psf), at a gross rental yield of about 4.7% (URA caveat data).

Recent median price

S$845k

recent · 30 sales on record

Median PSF

S$589 psf

recent transactions

Median rent (monthly)

S$3,325

274 rentals on record

Gross rental yield

4.7%

indicative, gross

Source: URA caveat data, through Jul 2019.

3

What has recently sold at Heritage Place?

Key Takeaway

Heritage Place has 30 recorded sales; the most recent transacted at S$1,650,000 in Jul 2019 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2019S$1,650,000990S$1,666 psf
Jul 2019S$1,700,000980S$1,736 psf
Aug 2012S$2,380,0001,851S$1,286 psf
May 2010S$1,218,000980S$1,243 psf
Apr 2009S$835,000947S$882 psf
Nov 2007S$1,100,000990S$1,111 psf
Feb 2006S$1,090,0001,851S$589 psf
Sept 2004S$800,0001,851S$432 psf
Jun 2004S$800,0001,851S$432 psf
Jun 2004S$500,000947S$528 psf
Oct 2003S$537,000990S$542 psf
Oct 2003S$845,0001,927S$439 psf

30 sales and 274 rentals on record since Apr 1997. Source: URA.

4

Are prices at Heritage Place rising?

Key Takeaway

The median transacted PSF at Heritage Place has risen 102% over the past 22 years (19972019), from S$826 psf to S$1,666 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2019S$1,666 psfS$1.65M2+285.6%
2004S$432 psfS$800k3-3.1%
2003S$446 psfS$537k4-46.3%
2001S$830 psfS$822k3+0.5%
1997S$826 psfS$820k12

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 Heritage Place?

Key Takeaway

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

12,904

all-time · all property types

Source: CEA public transaction records, attributed to District 7across 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 Heritage Place?

Key Takeaway

Heritage Place has 7 units listed for sale, spanning 1–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom2S$1.69M–S$1.69M
2-bedroom4S$2.38M–S$2.48M
3-bedroom1S$4.19M–S$4.19M
7

Where is Heritage Place and what's nearby?

Key Takeaway

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.

8

Who built Heritage Place and how big is the development?

Key Takeaway

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
9

How far is Heritage Place from MRT and schools?

Key Takeaway

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

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

Mall: Bugis Junction · 127 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 147 mHawker centre: Albert Centre Market & Food Centre · 380 mPark: War Memorial Pk · 663 m

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

10

What does it cost to own a unit at Heritage Place?

Key Takeaway

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

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 Heritage Place? Ask before you commit.

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

PropKaki
Is Heritage Place a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about Heritage Place

How much does a unit at Heritage Place cost?

Units at Heritage Place have recently transacted around S$845k (S$589 psf), from 30 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Heritage Place a good investment?

Gross rental yield is about 4.7%; median PSF has risen about 102% since 1997. 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 Heritage Place going up?

The median transacted PSF at Heritage Place has risen about 102% between 1997 and 2019, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Heritage Place freehold or leasehold?

Heritage Place is 999-year, with approximately 800 years remaining on the lease.

When was Heritage Place built and who developed it?

Heritage Place obtained TOP in 1998, developed by STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP), with 21 units across 1 block.

How many units are for sale at Heritage Place?

There are 7 units for sale at Heritage Place, from S$1.69M to S$4.19M.

What is the nearest MRT to Heritage Place?

The nearest MRT/LRT station to Heritage Place is Bugis MRT, about 225 m away (~4 min walk).

Are there schools near Heritage Place?

1 school is within 1 km of Heritage Place, including School Of The Arts, Singapore.

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