FreeholdRCRDistrict 15 (Geylang)

Ivory

Reviewed by Nathan TangUpdated 24 October 2026Data through Nov 2024 (URA)
Quick Summary

Ivory is a freehold apartment in District 15 (Geylang) that obtained TOP in 2009, with 20 units across 1 block. Across 48 transactions on record, units have recently transacted around S$1.23M (S$1,268 psf, ~1,012 sqft).

Key facts about Ivory
TenureFreehold
TOP year2009
DeveloperHUME DEVELOPMENT PTE LTD
Units20 in 1 block
District and areaDistrict 15 · Geylang · RCR
Nearest MRTEunos MRT, 983 m (~15 min walk)
Latest median psfS$1,268 psf, last 12 URA caveats to Nov 2024
1

What's for sale and for rent at Ivory?

Key Takeaway

No units at Ivory are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Ivory?

Key Takeaway

PropKaki has 9 layouts on record for Ivory, from 1 to 3 bedrooms (123 sqft to 123 sqft).

BedroomsLayoutsSizes
1 Bedroom3123 sq ft
2 Bedroom4123 sq ft
3 Bedroom2123 sq ft

PropKaki holds 9 floor plans for Ivory.

See Ivory's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

What is the price and PSF at Ivory?

Key Takeaway

Units have recently transacted around S$1.23M (S$1,268 psf), at a gross rental yield of about 2.8% (URA caveat data).

Recent median price

S$1.23M

recent · 48 sales on record

Median PSF

S$1,268 psf

recent transactions

Median rent (monthly)

S$2,867

84 rentals on record

Gross rental yield

2.8%

indicative, gross

Source: URA caveat data, through Nov 2024.

4

What has recently sold at Ivory?

Key Takeaway

Ivory has 48 recorded sales; the most recent transacted at S$1,070,000 in Nov 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2024S$1,070,000657S$1,630 psf
Apr 2024S$2,000,0001,862S$1,074 psf
Mar 2024S$2,218,0001,744S$1,272 psf
May 2023S$955,000657S$1,454 psf
May 2023S$1,460,0001,152S$1,268 psf
Jan 2023S$1,168,000872S$1,340 psf
Jul 2022S$1,380,0001,238S$1,115 psf
Mar 2022S$1,350,0001,012S$1,334 psf
Apr 2021S$850,000657S$1,295 psf
Apr 2021S$1,230,0001,044S$1,178 psf
Jan 2021S$739,600657S$1,126 psf
Jul 2019S$1,280,0001,152S$1,111 psf

48 sales and 84 rentals on record since Jun 2008. Source: URA.

5

Are prices at Ivory rising?

Key Takeaway

The median transacted PSF at Ivory has risen 95% over the past 15 years (2009–2024), from S$652 psf to S$1,272 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,272 psfS$2.00M3-5.1%
2023S$1,340 psfS$1.17M3+20.2%
2022S$1,115 psfS$1.35M2-5.3%
2021S$1,178 psfS$850k3+37.3%
2019S$858 psfS$1.28M2-23.2%
2017S$1,117 psfS$1.02M3-10.6%
2014S$1,249 psfS$820k2+16.0%
2012S$1,077 psfS$730k2+9.8%
2011S$981 psfS$855k6+50.5%
2009S$652 psfS$700k8—

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

6

Is Ivory a good investment?

Key Takeaway

Of 28 units at Ivory that were bought and later resold (bought from 2008, resold up to 2024), 93% sold for more than they were bought for, with a median gain of 26% over a median 5.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

93%

of 28 resales here

Median gain

26%

gross, before costs

Median hold

5.7 years

bought to resold

Every unit at Ivory with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Ivory and what's nearby?

Key Takeaway

Ivory is located in Geylang, in the Central Region of Singapore.

Ivory is a freehold apartment completed in 2009. It was developed by HUME DEVELOPMENT PTE LTD. The development has 20 residential units. It sits on a land area of 1,117 sqm and has a gross floor area of 1,564 sqm. The plot ratio is 1.4.

IVORY is located at 15 Ceylon Lane, Singapore 423468. It is part of District 15, Katong / Joo Chiat / Amber Road, Geylang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Eunos MRT, approximately 982m away, around 15 minutes on foot. Nearby amenities include Kinex for shopping, NTUC Fairprice Co-operative Ltd for groceries, Dunman Food Centre for food options, and Onan Road Green Space for greenery and recreation. Facilities in the development include Gymnasium room, Jacuzzi, and Swimming pool.

8

How far is Ivory from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Ivory is Eunos MRT, about 983 m away (~15 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority284 m
  • Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km462 m
  • Tanjong Katong Girls' SchoolSecondary schoolwithin 1 km622 m
  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority685 m
  • Chung Cheng High School (Main)Secondary school1.2 km
  • Chij (Katong) PrimaryPrimary school1.3 km
  • Kong Hwa SchoolPrimary school1.3 km
  • Tao Nan SchoolPrimary school1.4 km

Shops, food & parks

Mall: Kinex · 724 mSupermarket: NTUC Fairprice Co-operative Ltd · 494 mHawker centre: Dunman Food Centre · 272 mPark: Onan Road Green Space · 150 m

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

9

Who built Ivory and how big is the development?

Key Takeaway

Ivory was developed by HUME DEVELOPMENT PTE LTD, with 20 units.

Developer
HUME DEVELOPMENT PTE LTD
Blocks
1
Land area
1,117 sqm (12,023 sqft)
Gross floor area
1,564 sqm (16,835 sqft)
Plot ratio
1.40
10

What facilities does Ivory have?

Key Takeaway

Ivory has 3 facilities, including Gymnasium room, Jacuzzi, Swimming pool.

Gymnasium roomJacuzziSwimming pool
11

What does it cost to own a unit at Ivory?

Key Takeaway

Buying a unit at Ivory (~S$1.23M) needs about S$9,004/mo in income and S$4,142/mo in repayments, after S$33,800 stamp duty and a S$308k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.23M) 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$33,800

BSD, tiered

Downpayment (25%)

S$308k

cash + CPF

Monthly instalment

S$4,142/mo

30y @ 3.5%

Income required

S$9,004/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Ivory?

Key Takeaway

10,154 CEA-registered agents closed at least one recorded deal in District 15 — where Ivory sits — in the last 12 months, across all property types.

Active agents · 12mo

10,154

District 15 · closed ≥1 deal

Deals on record

62,704

all-time · all property types

Source: CEA public transaction records, attributed to District 15 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 Ivory? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Ivory

Is Ivory freehold?⌄

Yes. Ivory is freehold, so ownership does not run out.

How old is Ivory?⌄

Ivory was completed (obtained TOP) in 2009, so it is about 17 years old.

Is Ivory a good investment?⌄

Of 28 units at Ivory that were bought and later resold (bought from 2008, resold up to 2024), 93% sold for more than they were bought for, with a median gain of 26% over a median 5.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Past resale results don't predict future returns, and this is not financial advice.

Is Ivory an EC?⌄

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

Who is the developer of Ivory?⌄

Ivory was developed by HUME DEVELOPMENT PTE LTD.

What is the price of a condo at Ivory?⌄

Units at Ivory have recently sold for around S$1.23M (S$1,268 psf), the median of the last 12 URA caveats to Nov 2024. The price depends on size, floor and facing.

Where is Ivory located?⌄

Ivory is at 15 Ceylon Lane, Singapore 423468, in Geylang (District 15). The nearest MRT station is Eunos MRT, about 983 m away.

How many units are there in Ivory?⌄

Ivory has 20 units in 1 block.

How much do I need to earn to buy at Ivory?⌄

For a unit around S$1.23M as a first home, you'd need roughly S$9,004/mo in income (assessed at the stress-test rate), with repayments near S$4,142/mo after a S$308k (25%) downpayment and S$33,800 Buyer's Stamp Duty.

Are prices at Ivory going up?⌄

The median price per square foot at Ivory has risen about 95% between 2009 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Ivory?⌄

Haig Girls' School, Tanjong Katong Primary School are within 1 km of Ivory. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.