PropKaki
FreeholdRCRDistrict 14 (Geylang)

Penang Service Apartments

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$1.18M (S$1,025 psf), from 8 sales on record.

1

What are the key facts about Penang Service Apartments?

Key Takeaway

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
2

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 2.5% (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$2,500

119 rentals on record

Gross rental yield

2.5%

indicative, gross

Source: URA caveat data, through May 2025.

3

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 119 rentals on record since May 2008. Source: URA.

4

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.

5

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.

6

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
7

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

8

Frequently asked questions about Penang Service Apartments

What is the price at Penang Service Apartments?

Units at Penang Service Apartments have recently transacted around S$1.18M (S$1,025 psf), from 8 sales on record (URA caveat data).

Is Penang Service Apartments freehold or leasehold?

Penang Service Apartments is freehold.

When was Penang Service Apartments built?

Penang Service Apartments obtained TOP in 1994.

What is the rental yield at Penang Service Apartments?

Gross rental yield at Penang Service Apartments is about 2.5%, based on median current rents and prices.

How many units are in Penang Service Apartments?

Penang Service Apartments has 20 units across 1 block.

What facilities does Penang Service Apartments have?

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

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.

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