FreeholdRCRDistrict 8 (Kallang)

Hong Building

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2022 (URA)
Quick Summary

Hong Building is a freehold apartment in District 8 (Kallang) that obtained TOP in 1981, with 12 units across 3 blocks. Across 1 transaction on record, the median transacted price is about S$1.42M (S$1,041 psf, ~1,367 sqft). There is 1 unit for sale from S$2.25M to S$2.25M.

Key facts about Hong Building
TenureFreehold
TOP year1981
Units12 in 3 blocks
District and areaDistrict 8 · Kallang · RCR
Nearest MRTFarrer Park MRT, 642 m (~10 min walk)
Median psfS$1,041 psf, 1 URA caveat to May 2022
1

What's for sale and for rent at Hong Building?

Key Takeaway

Hong Building has 1 unit listed for sale, asking S$2.25M to S$2.25M, and 0 units for rent.

For sale

1 listing

S$2.25M – S$2.25M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
2-bedroom1S$2.25M–S$2.25M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Hong Building?

Key Takeaway

Floor plans for Hong Building aren't in PropKaki's library yet.

Unit typeSizes listed for saleAsking from
2-bedroom1,367 sqftS$2.25M

Check the Floor Plan Finder for Hong Building →

Listed sizes from current property listings.

3

What is the price and PSF at Hong Building?

Key Takeaway

The median transacted price is about S$1.42M (S$1,041 psf), at a gross rental yield of about 2.6% (URA caveat data).

Median price

S$1.42M

1 sale on record

Median PSF

S$1,041 psf

URA, all sales

Median rent (monthly)

S$3,100

101 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through May 2022.

4

What has recently sold at Hong Building?

Key Takeaway

Hong Building has 1 recorded sale; the most recent transacted at S$1,422,850 in May 2022 (URA caveat data).

DatePriceSize (sqft)PSF
May 2022S$1,422,8501,367S$1,041 psf

1 sale and 101 rentals on record since May 2022. Source: URA.

5

Is Hong Building a good investment?

Key Takeaway

Hong Building has no resales on record yet, so it has no track record of its own. Across District 8, 90% of 4,242 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before costs). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.

District 8 sold for more

90%

of 4,242 private resales

Median gain

30%

gross, before costs

Median hold

5.1 years

bought to resold

Hong Building has fewer than 10 matched resales, so the figures are for District 8 as a whole. Check the odds for your unit size and holding period →

6

Where is Hong Building and what's nearby?

Key Takeaway

Hong Building is located in Kallang, in the Central Region of Singapore.

Hong Building is a freehold apartment completed in 1981. The development has 12 residential units. It sits on a land area of 579 sqm and has a gross floor area of 1,737 sqm. The plot ratio is 3.0.

HONG BUILDING is located at 208B Rangoon Road, Singapore 218451. It is part of District 08, Little India, Kallang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Farrer Park MRT, approximately 642m away, around 10 minutes on foot. Nearby amenities include City Square Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, Pek Kio Market & Food Centre for food options, and Pek Kio Park for greenery and recreation. Facilities in the development include Car Park.

7

How far is Hong Building from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Hong Building is Farrer Park MRT, about 642 m away (~10 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Northlight SchoolSecondary schoolwithin 1 km354 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority635 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority695 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority812 m
  • Bendemeer Secondary SchoolSecondary school1.2 km
  • Bendemeer Primary SchoolPrimary school1.5 km
  • Anglo-Chinese School (Junior)Primary school1.6 km
  • St. Margaret's School (Primary)Primary school1.7 km

Shops, food & parks

Mall: City Square Mall · 806 mSupermarket: NTUC Fairprice Co-operative Ltd · 464 mHawker centre: Pek Kio Market & Food Centre · 343 mPark: Pek Kio Park · 418 m

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

8

Who built Hong Building and how big is the development?

Key Takeaway

Hong Building was developed by , with 12 units.

Blocks
3
Land area
579 sqm (6,232 sqft)
Gross floor area
1,737 sqm (18,697 sqft)
Plot ratio
3.00
9

What facilities does Hong Building have?

Key Takeaway

Hong Building has 1 facility, including Car Park.

Car Park
10

What does it cost to own a unit at Hong Building?

Key Takeaway

Buying a unit at Hong Building (~S$1.42M) needs about S$10,416/mo in income and S$4,792/mo in repayments, after S$41,514 stamp duty and a S$356k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the median price (S$1.42M) 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$41,514

BSD, tiered

Downpayment (25%)

S$356k

cash + CPF

Monthly instalment

S$4,792/mo

30y @ 3.5%

Income required

S$10,416/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Hong Building?

Key Takeaway

3,678 CEA-registered agents closed at least one recorded deal in District 8 — where Hong Building sits — in the last 12 months, across all property types.

Active agents · 12mo

3,678

District 8 · closed ≥1 deal

Deals on record

13,194

all-time · all property types

Source: CEA public transaction records, attributed to District 8 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Hong Building? Ask before you commit.

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

PropKaki
Is Hong Building a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Hong Building

Is Hong Building freehold?

Yes. Hong Building is freehold, so ownership does not run out.

How old is Hong Building?

Hong Building was completed (obtained TOP) in 1981, so it is about 45 years old.

Is Hong Building a good investment?

Hong Building has no resales on record yet, so it has no track record of its own. Across District 8, 90% of 4,242 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before costs). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.

Is Hong Building an EC?

No. Hong Building is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Hong Building?

The median price paid at Hong Building is about S$1.42M (S$1,041 psf), across 1 URA caveat to May 2022. 1 unit is listed for sale from S$2.25M to S$2.25M.

Where is Hong Building located?

Hong Building is at 208B Rangoon Road, Singapore 218451, in Kallang (District 8). The nearest MRT station is Farrer Park MRT, about 642 m away.

How many units are there in Hong Building?

Hong Building has 12 units in 3 blocks.

How much do I need to earn to buy at Hong Building?

For a unit around S$1.42M as a first home, you'd need roughly S$10,416/mo in income (assessed at the stress-test rate), with repayments near S$4,792/mo after a S$356k (25%) downpayment and S$41,514 Buyer's Stamp Duty.

Which primary schools are within 1 km of Hong Building?

Farrer Park Primary School, Hong Wen School, St. Joseph's Institution Junior are within 1 km of Hong Building. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.