Perpetual Apartments

Apartment · in Geylang, District 14, Singapore · 999 yrs from 01/01/1967 · Completed 1968

Data through 20 December 2016

Intro: Perpetual Apartments is a 1968 freehold walk-up in Geylang that keeps you within a six-minute walk of Aljunied MRT station for straightforward city commuting 🚆.
Good to know: Within one kilometer of Kong Hwa School and Geylang Methodist School (Primary) 🏫; Features generous unit sizes starting from over 1,100 square feet 📍.
Practical note: As a mature walk-up building, this property offers a quiet, low-density home but lacks the extensive recreational facilities found in newer high-rise projects 🏢.

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

Perpetual Apartments project details

Street

Lorong 24 Geylang

Property Type

Apartment

Completion

1968

Total Units

-1

Plot Ratio

2.8

Unit Size

1,173 - 2,453 sqft

Tenure

999 yrs from 01/01/1967, 9999 yrs from 01/01/1962, 9999 yrs from 01/01/1965, Freehold

Lease Remaining

940 yrs

Postal Sector

MRT and LRT stations near Perpetual Apartments

Aljunied427 m MRTEW9
Mountbatten644 m MRTCC7
Dakota694 m MRTCC8

See details on nearby stations

Primary schools near Perpetual Apartments

Kong Hwa School508 m
Geylang Methodist School (Primary)570 m

See details on nearby schools

Perpetual Apartments price, PSF and transaction trends

HDB Buyers

$30.4M+

Total Transacted

29-12-2003

First Transacted

20-12-2016

Last Transacted

Total Transactions

Perpetual Apartments transaction volume

New SaleSub SaleResale

Among the latest 9 recorded sales for Perpetual Apartments, the median price was S$1,700,000 and the median PSF was S$1,507 psf. The newest record shown is from 20 December 2016. The annual project median was 576.3% higher in 2016 than in 2003; unit mix can affect year-to-year comparisons.

Recent Perpetual Apartments transactions

Date	Sale type	Price	PSF	Size
20 December 2016	Resale	S$1,700,000	S$1,542 psf	1,102 sqft
20 December 2016	Resale	S$1,700,000	S$1,542 psf	1,102 sqft
20 December 2016	Resale	S$1,700,000	S$1,507 psf	1,128 sqft
20 December 2016	Resale	S$1,700,000	S$1,507 psf	1,128 sqft
20 December 2016	Resale	S$1,700,000	S$1,564 psf	1,087 sqft

Perpetual Apartments median transaction PSF (S$)

Perpetual Apartments annual price trend

Year	Median price	Median PSF	Recorded sales
2016	S$1,700,000	S$1,542 psf	6
2011	S$1,200,700	S$1,020 psf	2
2003	S$270,000	S$228 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

7.7 yrs

Avg Holding

$1.9M

Total Profits

Perpetual Apartments annualized profit %

View full details

Perpetual Apartments rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Perpetual Apartments, the median monthly rent was S$3,100, with records ranging from S$2,000 to S$10,000.

Recent Perpetual Apartments rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 September 2015	—	S$3,000	S$3 psf	1000-1100
1 February 2015	—	S$4,000	S$4 psf	900-1000
1 August 2014	—	S$3,200	S$3 psf	1000-1100
1 November 2012	—	S$2,500	S$2 psf	1200-1300
1 July 2012	—	S$2,200	S$2 psf	1200-1300

Perpetual Apartments rental volume

View full details

Frequently asked questions about Perpetual Apartments

How much do units at Perpetual Apartments cost?

The latest 9 recorded sales show a median price of S$1,700,000 and a median of S$1,507 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Perpetual Apartments?

The latest recorded median monthly rent is S$3,100. Rental yield is indicative and can vary by unit and costs.

Is Perpetual Apartments freehold or leasehold?

Perpetual Apartments has a tenure of 999 yrs from 01/01/1967.

When was Perpetual Apartments completed?

Perpetual Apartments was completed in 1968.

Which MRT or LRT station is nearest to Perpetual Apartments?

Aljunied is the nearest station shown, at an estimated straight-line distance of 427 metres.

Which primary schools are near Perpetual Apartments?

The primary schools shown within the page’s one-kilometre search are Kong Hwa School (508 m) and Geylang Methodist School (Primary) (570 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 20 December 2016. Figures are indicative and do not constitute financial advice.