Penang Service Apartments

Apartment · in Geylang, District 14, Singapore · Freehold · Completed 1994

Data through 1 December 2025

Intro: Penang Service Apartments is a compact, freehold residential development that balances its quiet Geylang location with convenient access to Dakota MRT station just a short walk away 🚇.
Good to know: Located within a three-minute walk of Kong Hwa School 🏫; Exclusively features three-bedroom units for consistent living space 🏠; Freehold tenure in the heart of Geylang's accessible RCR district.
Practical note: With a boutique scale and 1994 completion, this property offers a more intimate living environment rather than a full-facility mega-condo, making it ideal for those who prioritize location over extensive on-site amenities.

D14RCRCentralGeylang

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Top 20

Schools

Mega

Development

< 10y

Property Age

100%

Profitable

50+

Deals Past Yr

Penang Service Apartments project details

Street

Lorong 34 Geylang

Property Type

Apartment

Completion

1994

Total Units

-1

Plot Ratio

2.8

Unit Size

883 - 1,582 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Penang Service Apartments

Dakota474 m MRTCC8
Paya Lebar594 m MRTCC9EW8
Aljunied623 m MRTEW9

See details on nearby stations

Primary schools near Penang Service Apartments

Kong Hwa School196 m
Geylang Methodist School (Primary)633 m

See details on nearby schools

Penang Service Apartments price, PSF and transaction trends

39%

HDB Buyers

$16.1M+

Total Transacted

20-10-1998

First Transacted

08-05-2025

Last Transacted

Total Transactions

Penang Service Apartments transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Penang Service Apartments, the median price was S$1,019,444 and the median PSF was S$1,008 psf. The newest record shown is from 8 May 2025. The annual project median was 57.6% higher in 2025 than in 2015; unit mix can affect year-to-year comparisons.

Recent Penang Service Apartments transactions

Date	Sale type	Price	PSF	Size
8 May 2025	Resale	S$1,238,888	S$1,224 psf	1,012 sqft
23 December 2024	Resale	S$1,318,888	S$1,145 psf	1,152 sqft
17 January 2024	Resale	S$1,298,888	S$1,128 psf	1,152 sqft
18 April 2023	Resale	S$1,198,000	S$1,184 psf	1,012 sqft
30 September 2022	Resale	S$1,035,000	S$1,173 psf	883 sqft

Penang Service Apartments median transaction PSF (S$)

Penang Service Apartments annual price trend

Year	Median price	Median PSF	Recorded sales
2025	S$1,238,888	S$1,224 psf	1
2024	S$1,308,888	S$1,136 psf	2
2023	S$1,198,000	S$1,184 psf	1
2022	S$1,107,944	S$1,099 psf	2
2021	S$1,003,888	S$992 psf	1
2020	S$800,000	S$906 psf	1
2018	S$820,000	S$929 psf	1
2015	S$760,000	S$776 psf	2

View full details

Penang Service Apartments rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Penang Service Apartments, the median monthly rent was S$4,700, with records ranging from S$2,400 to S$4,900.

Recent Penang Service Apartments rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 December 2025	—	S$4,800	S$4 psf	1100-1200
1 August 2025	—	S$4,800	S$5 psf	1000-1100
1 June 2025	—	S$4,600	S$4 psf	1000-1100
1 April 2025	—	S$4,850	S$4 psf	1100-1200
1 March 2025	—	S$4,200	S$4 psf	1000-1100

Penang Service Apartments rental volume

View full details

Frequently asked questions about Penang Service Apartments

How much do units at Penang Service Apartments cost?

The latest 12 recorded sales show a median price of S$1,019,444 and a median of S$1,008 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Penang Service Apartments?

The latest recorded median monthly rent is S$4,700. Rental yield is indicative and can vary by unit and costs.

Is Penang Service Apartments freehold or leasehold?

Penang Service Apartments has a tenure of Freehold.

When was Penang Service Apartments completed?

Penang Service Apartments was completed in 1994.

Which MRT or LRT station is nearest to Penang Service Apartments?

Dakota is the nearest station shown, at an estimated straight-line distance of 474 metres.

Which primary schools are near Penang Service Apartments?

The primary schools shown within the page’s one-kilometre search are Kong Hwa School (196 m) and Geylang Methodist School (Primary) (633 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 1 December 2025. Figures are indicative and do not constitute financial advice.