PropKaki
FreeholdRCRDistrict 15 (Geylang)

Sheba Lodge

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$955k (S$758 psf), from 18 sales on record.

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

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.

5

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.

6

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

7

Frequently asked questions about Sheba Lodge

What is the price at Sheba Lodge?

Units at Sheba Lodge have recently transacted around S$955k (S$758 psf), from 18 sales on record (URA caveat data).

Is Sheba Lodge freehold or leasehold?

Sheba Lodge is freehold.

When was Sheba Lodge built?

Sheba Lodge obtained TOP in 1998.

What is the rental yield at Sheba Lodge?

Gross rental yield at Sheba Lodge is about 2.7%, based on median current rents and prices.

How many units are in Sheba Lodge?

Sheba Lodge has 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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