Prices · Kallang/Whampoa · Farrer Park Road · D05 Pasir Panjang
Block 15 Farrer Park Road
Compare this block with another
What this block is
| Address | Block 15 Farrer Park Road, Kallang/Whampoa, Singapore 110015 |
| Flat types here | 3-room, 4-room — on the evidence of 67 sales since Aug 2017, so a type that has never been resold here will not appear |
| Unit sizes | 3-room about 667 sq ft, 4-room about 818 sq ft (667 to 818 sq ft across the block) |
| Lease | 99 years from 2004, expiring 2103 — 77 years left |
| Floors that have sold | 1 to 30, so the block stands at least 30 storeys |
| Flat models | Model A |
| Town and district | Kallang/Whampoa, district 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) |
| Compare it with | the rest of Farrer Park Road, 3-room flats across Kallang/Whampoa |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $1,349 for every month of the 77 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $187,900 |
| Mortgage interest over 25 years | $215,543 |
| Running costs over the remaining lease | $332,640 |
| Total over the lease | $1,246,083 |
| Monthly while repaying | $2,778 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on 10 sales.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 3-room | $525,000 | $425,000–$740,000 | 667 sq ft | 787 | 48 |
| 4-room | $620,000 | $500,000–$860,888 | 818 sq ft | 768 | 19 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 01 to 03 | $600,888 | 857 psf | 3 |
| 04 to 06 | $509,000 | 674 psf | 8 |
| 07 to 09 | $536,500 | 804 psf | 8 |
| 10 to 12 | $580,000 | 798 psf | 6 |
| 13 to 15 | $588,000 | 817 psf | 4 |
| 16 to 18 | $562,944 | 795 psf | 6 |
| 19 to 21 | $591,500 | 834 psf | 6 |
| 22 to 24 | $550,000 | 779 psf | 11 |
| 25 to 27 | $558,000 | 836 psf | 6 |
| 28 to 30 | $555,000 | 772 psf | 9 |
Year by year
| 2017 | $542,500 | 663 psf | two sales |
| 2018 | $480,000 | 704 psf | five sales |
| 2019 | $500,000 | 711 psf | nine sales |
| 2020 | $477,000 | 715 psf | five sales |
| 2021 | $515,500 | 764 psf | 12 sales |
| 2022 | $548,000 | 813 psf | 10 sales |
| 2023 | $525,000 | 787 psf | three sales |
| 2024 | $700,888 | 857 psf | three sales |
| 2025 | $676,944 | 978 psf | 10 sales |
| 2026 | $680,000 | 1019 psf | eight sales |
67 transactions in all, from Aug 2017 to Oct 2026. The flat models recorded here are Model A.