FreeholdRCRDistrict 14 (Geylang)

Penang Service Apartments

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2025 (URA)
Quick Summary

Penang Service Apartments is a freehold apartment in District 14 (Geylang) that obtained TOP in 1994, with 20 units across 1 block. Across 8 transactions on record, units have recently transacted around S$1.18M (S$1,025 psf, ~1,012 sqft). There are 2 units for sale from S$1.43M to S$1.43M.

Key facts about Penang Service Apartments
TenureFreehold
TOP year1994
Units20 in 1 block
District and areaDistrict 14 · Geylang · RCR
Nearest MRTDakota MRT, 560 m (~9 min walk)
Latest median psfS$1,025 psf, last 8 URA caveats to May 2025
1

What's for sale and for rent at Penang Service Apartments?

Key Takeaway

Penang Service Apartments has 2 units listed for sale, asking S$1.43M to S$1.43M, and 0 units for rent.

For sale

2 listings

S$1.43M – S$1.43M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom2S$1.43M–S$1.43M

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

2

What are the floor plans and unit sizes at Penang Service Apartments?

Key Takeaway

Floor plans for Penang Service Apartments aren't in PropKaki's library yet. Across 8 URA caveats, units range from 1,012 sqft to 1,152 sqft, and the middle half are 1,012 sqft to 1,152 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,152 sqftS$1.43M

Check the Floor Plan Finder for Penang Service Apartments →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Penang Service Apartments?

Key Takeaway

Units have recently transacted around S$1.18M (S$1,025 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.18M

recent · 8 sales on record

Median PSF

S$1,025 psf

recent transactions

Median rent (monthly)

S$2,550

120 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through May 2025.

4

What has recently sold at Penang Service Apartments?

Key Takeaway

Penang Service Apartments has 8 recorded sales; the most recent transacted at S$1,238,888 in May 2025 (URA caveat data).

DatePriceSize (sqft)PSF
May 2025S$1,238,8881,012S$1,224 psf
Dec 2024S$1,318,8881,152S$1,145 psf
Jan 2024S$1,298,8881,152S$1,128 psf
Apr 2023S$1,198,0001,012S$1,184 psf
Mar 2022S$1,180,8881,152S$1,025 psf
Nov 2021S$1,003,8881,012S$992 psf
Jun 2009S$350,0001,012S$346 psf
May 2008S$300,0001,152S$260 psf

8 sales and 120 rentals on record since May 2008. Source: URA.

5

Is Penang Service Apartments a good investment?

Key Takeaway

Penang Service Apartments has no resales on record yet, so it has no track record of its own. Across District 14, 86% of 11,876 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-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 14 sold for more

86%

of 11,876 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Penang Service Apartments has fewer than 10 matched resales, so the figures are for District 14 as a whole. Check the odds for your unit size and holding period →

6

Where is Penang Service Apartments and what's nearby?

Key Takeaway

Penang Service Apartments is located in Geylang, in the Central Region of Singapore.

Penang Service Apartments is a freehold apartment completed in 1994. The development has 20 residential units. It sits on a land area of 567 sqm and has a gross floor area of 1,588 sqm. The plot ratio is 2.8.

PENANG SERVICE APARTMENTS is located at 16 Lorong 34 Geylang, Singapore 398213. It is part of District 14, Geylang / Eunos, Geylang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Dakota MRT, approximately 560m away, around 9 minutes on foot. Nearby amenities include Kinex for shopping, ABEDIN TRADING PTE. LTD. for groceries, Blk 51 Old Airport Road # for food options, and Lorong 40 Geylang Pg for greenery and recreation. Facilities in the development include Covered car park and 24 hours security.

7

How far is Penang Service Apartments from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Penang Service Apartments is Dakota MRT, about 560 m away (~9 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.

  • Kong Hwa SchoolPrimary schoolwithin 1 km · P1 priority277 m
  • Geylang Methodist School (Primary)Primary schoolwithin 1 km · P1 priority628 m
  • Broadrick Secondary SchoolSecondary schoolwithin 1 km707 m
  • Geylang Methodist School (Secondary)Secondary schoolwithin 1 km726 m
  • Chung Cheng High School (Main)Secondary school1.0 km
  • Tanjong Katong Girls' SchoolSecondary school1.1 km
  • Tanjong Katong Secondary SchoolSecondary school1.2 km
  • Dunman High SchoolMixed-level school1.6 km

Shops, food & parks

Mall: Kinex · 806 mSupermarket: Abedin Trading Pte. Ltd. · 136 mHawker centre: Blk 51 Old Airport Road # · 603 mPark: Lorong 40 Geylang Pg · 200 m

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

8

Who built Penang Service Apartments and how big is the development?

Key Takeaway

Penang Service Apartments was developed by , with 20 units.

Blocks
1
Land area
567 sqm (6,103 sqft)
Gross floor area
1,588 sqm (17,093 sqft)
Plot ratio
2.80
9

What facilities does Penang Service Apartments have?

Key Takeaway

Penang Service Apartments has 2 facilities, including Covered car park, 24 hours security.

Covered car park24 hours security
10

What does it cost to own a unit at Penang Service Apartments?

Key Takeaway

Buying a unit at Penang Service Apartments (~S$1.18M) needs about S$8,644/mo in income and S$3,977/mo in repayments, after S$31,836 stamp duty and a S$295k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.18M) 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$31,836

BSD, tiered

Downpayment (25%)

S$295k

cash + CPF

Monthly instalment

S$3,977/mo

30y @ 3.5%

Income required

S$8,644/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Penang Service Apartments?

Key Takeaway

7,770 CEA-registered agents closed at least one recorded deal in District 14 — where Penang Service Apartments sits — in the last 12 months, across all property types.

Active agents · 12mo

7,770

District 14 · closed ≥1 deal

Deals on record

39,512

all-time · all property types

Source: CEA public transaction records, attributed to District 14 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 Penang Service Apartments? Ask before you commit.

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

PropKaki
Is Penang Service Apartments a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Penang Service Apartments

Is Penang Service Apartments freehold?

Yes. Penang Service Apartments is freehold, so ownership does not run out.

How old is Penang Service Apartments?

Penang Service Apartments was completed (obtained TOP) in 1994, so it is about 32 years old.

Is Penang Service Apartments a good investment?

Penang Service Apartments has no resales on record yet, so it has no track record of its own. Across District 14, 86% of 11,876 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-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 Penang Service Apartments an EC?

No. Penang Service Apartments is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Penang Service Apartments?

Units at Penang Service Apartments have recently sold for around S$1.18M (S$1,025 psf), the median of the last 8 URA caveats to May 2025. The price depends on size, floor and facing. 2 units are listed for sale from S$1.43M to S$1.43M.

Where is Penang Service Apartments located?

Penang Service Apartments is at 16 Lorong 34 Geylang, Singapore 398213, in Geylang (District 14). The nearest MRT station is Dakota MRT, about 560 m away.

How many units are there in Penang Service Apartments?

Penang Service Apartments has 20 units in 1 block.

How much do I need to earn to buy at Penang Service Apartments?

For a unit around S$1.18M as a first home, you'd need roughly S$8,644/mo in income (assessed at the stress-test rate), with repayments near S$3,977/mo after a S$295k (25%) downpayment and S$31,836 Buyer's Stamp Duty.

Which primary schools are within 1 km of Penang Service Apartments?

Kong Hwa School, Geylang Methodist School (Primary) are within 1 km of Penang Service Apartments. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.