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23 Kerong Lane

Terrace House · in Sembawang, District 27, Singapore · 99 yrs from 21/07/2008 · Completed 2010

Data through 23 October 2013

Intro: 23 Kerong Lane is a terrace house located along Kerong Lane within District 27 with a 99-year lease commencing on 21 July 2008. It was completed in 2010. So far it has been transacted a total of 2 times, amounting to $4.0M+ in total.

D27OCRNorthSembawang
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23 Kerong Lane project details

Street
Kerong Lane
Property Type
Terrace
Completion
2010
Total Units
-1
Unit Size
1,807 sqft
Tenure
99 yrs from 21/07/2008
Lease Remaining
81 yrs
Postal Sector
75

23 Kerong Lane price, PSF and transaction trends

50%
HDB Buyers
$4.0M+
Total Transacted
05-07-2010
First Transacted
23-10-2013
Last Transacted
2
Total Transactions

23 Kerong Lane transaction volume

23 Kerong Lane transaction volume000112010 · New Sale: 120102013 · Resale: 12013
New SaleSub SaleResale

Among the latest 2 recorded sales for 23 Kerong Lane, the median price was S$2,005,000 and the median PSF was S$1,110 psf. The newest record shown is from 23 October 2013. The annual project median was 35.8% higher in 2013 than in 2010; unit mix can affect year-to-year comparisons.

Recent 23 Kerong Lane transactions

DateSale typePricePSFSize
23 October 2013ResaleS$2,310,000S$1,278 psf1,807 sqft
5 July 2010New SaleS$1,700,000S$941 psf1,807 sqft

23 Kerong Lane median transaction PSF (S$)

23 Kerong Lane median transaction PSF (S$)05001.0K1.5K2010 · Median PSF: 94120102013 · Median PSF: 1.3K2013

23 Kerong Lane annual price trend

YearMedian priceMedian PSFRecorded sales
2013S$2,310,000S$1,278 psf1
2010S$1,700,000S$941 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
1
> 6% Annualized
3.3 yrs
Avg Holding
$610,000
Total Profits

23 Kerong Lane annualized profit %

23 Kerong Lane annualized profit %0.0%2.5%5.0%7.5%10.0%2013 · Average Annualized Profit: 9.7%2013
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Frequently asked questions about 23 Kerong Lane

How much do units at 23 Kerong Lane cost?

The latest 2 recorded sales show a median price of S$2,005,000 and a median of S$1,110 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 23 Kerong Lane freehold or leasehold?

23 Kerong Lane has a tenure of 99 yrs from 21/07/2008.

When was 23 Kerong Lane completed?

23 Kerong Lane was completed in 2010.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 23 October 2013. Figures are indicative and do not constitute financial advice.

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