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Condo prices · D14

Wing Fong Mansions

Lorong 14 Geylang · D14 · Rest of central region · Apartment

The median sale at Wing Fong Mansions was $1,129,500 — $1,013 psf — across 26 transactions between Oct 2021 and April 2026. Freehold.

Median price
$1,129,500
26 sales in the window.
Median per sq ft
$1,013 psf
Median unit 1,130 sq ft.
Lease remaining
Freehold
Freehold

Wing Fong Mansions saw three 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

Wing Fong Mansions 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$876
  • 2022five sales$1028
  • 2023three sales$968
  • 202410 sales$1008
  • 2025five sales$1052
  • 2026one sale$947
Show the figures
YearMedian pricePer sq ftSales
2021$990,000$876 psf2
2022$963,000$1,028 psf5
2023$1,188,888$968 psf3
2024$1,145,000$1,008 psf10
2025$1,200,000$1,052 psf5
2026$1,080,000$947 psf1

What it rents for

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

Median rent per sq ft
$4.12
A month. Middle half of contracts ran $3.74 to $4.41.
Gross yield
4.88%
A year of median rent against the median sale price.
Median sale per sq ft
$1,013 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.