FreeholdRCRDistrict 15 (Geylang)

Ivory

Reviewed by Nathan TangUpdated 10 August 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).

1

What are the key facts about Ivory?

Key Takeaway

Ivory is a freehold apartment in District 15 (Geylang) that obtained TOP in 2009, with 20 units across 1 block.

Tenure
Freehold
TOP / Completion
2009
Developer
HUME DEVELOPMENT PTE LTD
Total units
20
Blocks
1
District / Area
District 15 (Geylang)
Market segment
RCR
Median PSF
S$1,268 psf
Last transacted
Nov 2024
Remaining lease
Freehold
2

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.

3

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.

4

Are prices at Ivory rising?

Key Takeaway

The median transacted PSF at Ivory has risen 95% over the past 15 years (20092024), 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.

5

How many property agents are active around Ivory?

Key Takeaway

9,527 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

9,527

District 15 · closed ≥1 deal

Deals on record

60,936

all-time · all property types

Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

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.

7

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
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

What facilities does Ivory have?

Key Takeaway

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

Gymnasium roomJacuzziSwimming pool
10

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

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 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…
11

Frequently asked questions about Ivory

How much does a unit at Ivory cost?

Units at Ivory have recently transacted around S$1.23M (S$1,268 psf), from 48 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Ivory a good investment?

Gross rental yield is about 2.8%; median PSF has risen about 95% since 2009. 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 Ivory going up?

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

Is Ivory freehold or leasehold?

Ivory is freehold — ownership does not expire.

When was Ivory built and who developed it?

Ivory obtained TOP in 2009, developed by HUME DEVELOPMENT PTE LTD, with 20 units across 1 block.

What is the nearest MRT to Ivory?

The nearest MRT/LRT station to Ivory is Eunos MRT, about 983 m away (~15 min walk).

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 qualify for Primary 1 (P1) registration priority.

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