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Condo prices · D14

Ness

Lorong 32 Geylang · D14 · Rest of central region · Apartment

The median sale at Ness was $688,000 — $1,502 psf — across 23 transactions between Nov 2021 and Aug 2026. Freehold.

Median price
$688,000
23 sales in the window.
Median per sq ft
$1,502 psf
Median unit 441 sq ft.
Lease remaining
Freehold
Freehold

Ness saw two sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

Ness is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021two sales$1382
  • 2022nine sales$1390
  • 2023eight sales$1552
  • 2024one sale$1394
  • 2025one sale$1579
  • 2026two sales$1613
Show the figures
YearMedian pricePer sq ftSales
2021$719,000$1,382 psf2
2022$680,000$1,390 psf9
2023$690,000$1,552 psf8
2024$780,000$1,394 psf1
2025$680,000$1,579 psf1
2026$807,500$1,613 psf2

What it rents for

URA’s median of rental contracts lodged at Ness in 2026Q1, per square foot per month.

Median rent per sq ft
$5.89
A month. Middle half of contracts ran $5.68 to $6.39.
Gross yield
4.71%
A year of median rent against the median sale price.
Median sale per sq ft
$1,502 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D14

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.