FreeholdRCRDistrict 15 (Geylang)

Sheba Lodge

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2024 (URA)
Quick Summary

Sheba Lodge is a freehold apartment in District 15 (Geylang) that obtained TOP in 1998, with 10 units across 1 block. Across 18 transactions on record, units have recently transacted around S$955k (S$758 psf, ~1,270 sqft).

1

What are the key facts about Sheba Lodge?

Key Takeaway

Sheba Lodge is a freehold apartment in District 15 (Geylang) that obtained TOP in 1998, with 10 units across 1 block.

Tenure
Freehold
TOP / Completion
1998
Developer
Total units
10
Blocks
1
District / Area
District 15 (Geylang)
Market segment
RCR
Median PSF
S$758 psf
Last transacted
Dec 2024
Remaining lease
Freehold
2

What is the price and PSF at Sheba Lodge?

Key Takeaway

Units have recently transacted around S$955k (S$758 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$955k

recent · 18 sales on record

Median PSF

S$758 psf

recent transactions

Median rent (monthly)

S$2,141

43 rentals on record

Gross rental yield

2.7%

indicative, gross

Source: URA caveat data, through Dec 2024.

3

What has recently sold at Sheba Lodge?

Key Takeaway

Sheba Lodge has 18 recorded sales; the most recent transacted at S$1,610,000 in Dec 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Dec 2024S$1,610,0001,141S$1,411 psf
Feb 2021S$1,240,0001,141S$1,087 psf
Oct 2020S$1,688,8881,636S$1,032 psf
Feb 2020S$1,200,0001,270S$945 psf
Dec 2014S$1,500,0001,636S$917 psf
Jul 2013S$1,150,0001,270S$905 psf
Nov 2012S$920,0001,270S$724 psf
Dec 2011S$830,0001,141S$727 psf
Jul 2011S$955,0001,259S$758 psf
Jul 2011S$925,0001,270S$728 psf
Oct 2009S$660,0001,259S$524 psf
Sept 2007S$700,0001,270S$551 psf

18 sales and 43 rentals on record since Jun 1999. Source: URA.

4

Are prices at Sheba Lodge rising?

Key Takeaway

The median transacted PSF at Sheba Lodge has risen 62% over the past 21 years (19992020), from S$584 psf to S$945 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$945 psfS$1.20M2+29.8%
2011S$728 psfS$925k3+24.7%
1999S$584 psfS$700k4

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 Sheba Lodge?

Key Takeaway

9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Sheba Lodge sits — in the last 12 months, across all property types.

Active agents · 12mo

9,526

District 15 · closed ≥1 deal

Deals on record

60,896

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 Sheba Lodge and what's nearby?

Key Takeaway

Sheba Lodge is located in Geylang, in the Central Region of Singapore.

Sheba Lodge is a freehold apartment completed in 1998. The development has 10 residential units. It sits on a land area of 1,039 sqm and has a gross floor area of 1,456 sqm. The plot ratio is 1.4.

SHEBA LODGE is located at 28 Carpmael Road, Singapore 429777. 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 Paya Lebar MRT, approximately 742m away, around 12 minutes on foot. Nearby amenities include Kinex for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 13/14 Haig Road for food options, and Carpmael Park for greenery and recreation.

7

Who built Sheba Lodge and how big is the development?

Key Takeaway

Sheba Lodge was developed by , with 10 units.

Blocks
1
Land area
1,039 sqm (11,184 sqft)
Gross floor area
1,456 sqm (15,672 sqft)
Plot ratio
1.40
8

How far is Sheba Lodge from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Sheba Lodge is Paya Lebar MRT, about 743 m away (~12 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.

  • Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km515 m
  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority601 m
  • Tanjong Katong Girls' SchoolSecondary schoolwithin 1 km607 m
  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority941 m
  • Kong Hwa SchoolPrimary school1.1 km
  • Chung Cheng High School (Main)Secondary school1.1 km
  • Broadrick Secondary SchoolSecondary school1.4 km
  • Geylang Methodist School (Primary)Primary school1.6 km

Shops, food & parks

Mall: Kinex · 357 mSupermarket: NTUC Fairprice Co-operative Ltd · 272 mHawker centre: Blks 13/14 Haig Road · 304 mPark: Carpmael Park · 249 m

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

9

What does it cost to own a unit at Sheba Lodge?

Key Takeaway

Buying a unit at Sheba Lodge (~S$955k) needs about S$6,991/mo in income and S$3,216/mo in repayments, after S$23,250 stamp duty and a S$239k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$955k) 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$23,250

BSD, tiered

Downpayment (25%)

S$239k

cash + CPF

Monthly instalment

S$3,216/mo

30y @ 3.5%

Income required

S$6,991/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 Sheba Lodge? Ask before you commit.

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

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

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

Ask anything about Singapore property…
10

Frequently asked questions about Sheba Lodge

How much does a unit at Sheba Lodge cost?

Units at Sheba Lodge have recently transacted around S$955k (S$758 psf), from 18 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Sheba Lodge?

For a unit around S$955k as a first home, you'd need roughly S$6,991/mo in income (assessed at the stress-test rate), with repayments near S$3,216/mo after a S$239k (25%) downpayment and S$23,250 Buyer's Stamp Duty.

Is Sheba Lodge a good investment?

Gross rental yield is about 2.7%; median PSF has risen about 62% since 1999. 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 Sheba Lodge going up?

The median transacted PSF at Sheba Lodge has risen about 62% between 1999 and 2020, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Sheba Lodge freehold or leasehold?

Sheba Lodge is freehold — ownership does not expire.

When was Sheba Lodge built and who developed it?

Sheba Lodge obtained TOP in 1998, with 10 units across 1 block.

What is the nearest MRT to Sheba Lodge?

The nearest MRT/LRT station to Sheba Lodge is Paya Lebar MRT, about 743 m away (~12 min walk).

Which primary schools are within 1 km of Sheba Lodge?

Haig Girls' School, Tanjong Katong Primary School are within 1 km of Sheba Lodge — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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