Penang Service Apartments
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.
What are the key facts about Penang Service Apartments?
Penang Service Apartments is a freehold apartment in District 14 (Geylang) that obtained TOP in 1994, with 20 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1994
- Developer
- —
- Total units
- 20
- Blocks
- 1
- District / Area
- District 14 (Geylang)
- Market segment
- RCR
- Median PSF
- S$1,025 psf
- Last transacted
- May 2025
- Remaining lease
- Freehold
What is the price and PSF at Penang Service Apartments?
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.
What has recently sold at Penang Service Apartments?
Penang Service Apartments has 8 recorded sales; the most recent transacted at S$1,238,888 in May 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2025 | S$1,238,888 | 1,012 | S$1,224 psf |
| Dec 2024 | S$1,318,888 | 1,152 | S$1,145 psf |
| Jan 2024 | S$1,298,888 | 1,152 | S$1,128 psf |
| Apr 2023 | S$1,198,000 | 1,012 | S$1,184 psf |
| Mar 2022 | S$1,180,888 | 1,152 | S$1,025 psf |
| Nov 2021 | S$1,003,888 | 1,012 | S$992 psf |
| Jun 2009 | S$350,000 | 1,012 | S$346 psf |
| May 2008 | S$300,000 | 1,152 | S$260 psf |
8 sales and 120 rentals on record since May 2008. Source: URA.
How many property agents are active around Penang Service Apartments?
7,769 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
7,769
District 14 · closed ≥1 deal
Deals on record
39,463
all-time · all property types
Source: CEA public transaction records, attributed to District 14across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Penang Service Apartments?
Penang Service Apartments has 2 units listed for sale, spanning 3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 3-bedroom | 2 | S$1.43M–S$1.43M | — |
Where is Penang Service Apartments and what's nearby?
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.
Who built Penang Service Apartments and how big is the development?
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
How far is Penang Service Apartments from MRT and schools?
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
- Dakota MRT560 m · ~9 min
- Aljunied MRT623 m · ~10 min
- Paya Lebar MRT675 m · ~11 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Penang Service Apartments have?
Penang Service Apartments has 2 facilities, including Covered car park, 24 hours security.
What does it cost to own a unit at Penang Service Apartments?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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.
PropKakiRecent units at Penang Service Apartments sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Penang Service Apartments
How much does a unit at Penang Service Apartments cost?⌄
Units at Penang Service Apartments have recently transacted around S$1.18M (S$1,025 psf), from 8 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Penang Service Apartments a good investment?⌄
Gross rental yield is about 2.6%. 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.
Is Penang Service Apartments freehold or leasehold?⌄
Penang Service Apartments is freehold — ownership does not expire.
When was Penang Service Apartments built and who developed it?⌄
Penang Service Apartments obtained TOP in 1994, with 20 units across 1 block.
How many units are for sale at Penang Service Apartments?⌄
There are 2 units for sale at Penang Service Apartments, from S$1.43M to S$1.43M.
What is the nearest MRT to Penang Service Apartments?⌄
The nearest MRT/LRT station to Penang Service Apartments is Dakota MRT, about 560 m away (~9 min walk).
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 qualify for Primary 1 (P1) registration priority.