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51 Lorong 16 Geylang

Terrace House · in Geylang, District 14, Singapore · Freehold

Data through 6 October 2022

Intro: 51 Lorong 16 Geylang is a terrace house located along Lorong 16 Geylang within District 14 with a freehold tenure. So far it has been transacted a total of 4 times, amounting to $20.7M+ in total.

D14RCRCentralGeylang
On this pageProject detailsNearby MRT & schoolsPrices & transactionsFAQs

51 Lorong 16 Geylang project details

Street
Lorong 16 Geylang
Property Type
Terrace
Total Units
-1
Unit Size
6,272 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
39

MRT and LRT stations near 51 Lorong 16 Geylang

  • Mountbatten574 m · MRTCC7
  • Aljunied606 m · MRTEW9
  • Kallang937 m · MRTEW10
See details on nearby stations

Primary schools near 51 Lorong 16 Geylang

  • Geylang Methodist School (Primary)815 m
  • Kong Hwa School859 m
See details on nearby schools

51 Lorong 16 Geylang price, PSF and transaction trends

25%
HDB Buyers
$20.7M+
Total Transacted
23-09-2002
First Transacted
06-10-2022
Last Transacted
4
Total Transactions

51 Lorong 16 Geylang transaction volume

51 Lorong 16 Geylang transaction volume000112002 · Resale: 120022009 · Resale: 120092014 · Resale: 120142022 · Resale: 12022
New SaleSub SaleResale

Among the latest 4 recorded sales for 51 Lorong 16 Geylang, the median price was S$3,000,000 and the median PSF was S$478 psf. The newest record shown is from 6 October 2022. The annual project median was 1303.8% higher in 2022 than in 2002; unit mix can affect year-to-year comparisons.

Recent 51 Lorong 16 Geylang transactions

DateSale typePricePSFSize
6 October 2022ResaleS$14,000,000S$2,232 psf6,272 sqft
5 September 2014ResaleS$5,000,000S$797 psf6,272 sqft
6 March 2009ResaleS$702,236S$112 psf6,272 sqft
23 September 2002ResaleS$1,000,000S$159 psf6,272 sqft

51 Lorong 16 Geylang median transaction PSF (S$)

51 Lorong 16 Geylang median transaction PSF (S$)01.0K2.0K3.0K2002 · Median PSF: 15920022009 · Median PSF: 11220092014 · Median PSF: 79720142022 · Median PSF: 2.2K2022

51 Lorong 16 Geylang annual price trend

YearMedian priceMedian PSFRecorded sales
2022S$14,000,000S$2,232 psf1
2014S$5,000,000S$797 psf1
2009S$702,236S$112 psf1
2002S$1,000,000S$159 psf1
66.7%
% Profitable
2
Profitable
1
Unprofitable
2
> 6% Annualized
6.7 yrs
Avg Holding
$13.0M
Total Profits

51 Lorong 16 Geylang annualized profit %

51 Lorong 16 Geylang annualized profit %-15.0%0.0%15.0%30.0%45.0%2009 · Average Annualized Profit: -5.3%20092014 · Average Annualized Profit: 42.9%20142022 · Average Annualized Profit: 13.6%2022
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Frequently asked questions about 51 Lorong 16 Geylang

How much do units at 51 Lorong 16 Geylang cost?

The latest 4 recorded sales show a median price of S$3,000,000 and a median of S$478 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 51 Lorong 16 Geylang freehold or leasehold?

51 Lorong 16 Geylang has a tenure of Freehold.

Which MRT or LRT station is nearest to 51 Lorong 16 Geylang?

Mountbatten is the nearest station shown, at an estimated straight-line distance of 574 metres.

Which primary schools are near 51 Lorong 16 Geylang?

The primary schools shown within the page’s one-kilometre search are Geylang Methodist School (Primary) (815 m) and Kong Hwa School (859 m). Distances are estimates and do not determine school-admission eligibility.

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 6 October 2022. Figures are indicative and do not constitute financial advice.

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