Prices · Kallang/Whampoa · Saint George's Lane
Block 5 Saint George's Lane
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What this block is
| Address | Block 5 Saint George's Lane, Kallang/Whampoa |
| Flat types here | 3-room, 4-room — on the evidence of 30 sales since April 2017, so a type that has never been resold here will not appear |
| Unit sizes | 3-room about 732 sq ft, 4-room about 1,001 sq ft (732 to 1,001 sq ft across the block) |
| Lease | 99 years from 1981, expiring 2080 — 54 years left |
| Floors that have sold | 1 to 12, so the block stands at least 12 storeys |
| Flat models | New Generation |
| Town and district | Kallang/Whampoa |
| Compare it with | the rest of Saint George's Lane, 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 $1,302 for every month of the 54 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 | $124,900 |
| Mortgage interest over 25 years | $144,224 |
| Running costs over the remaining lease | $233,280 |
| Total over the lease | $843,654 |
| Monthly while repaying | $1,978 |
| 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 just three sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 3-room | $395,000 | $339,000–$530,000 | 732 sq ft | 533 | 21 |
| 4-room | $485,000 | $430,000–$580,000 | 1,001 sq ft | 488 | 9 |
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 | $400,000 | 509 psf | 5 |
| 04 to 06 | $391,000 | 533 psf | 6 |
| 07 to 09 | $440,000 | 492 psf | 11 |
| 10 to 12 | $471,500 | 518 psf | 8 |
Year by year
| 2017 | $400,000 | 488 psf | three sales |
| 2018 | $417,500 | 481 psf | two sales |
| 2019 | $430,000 | 460 psf | five sales |
| 2020 | $339,000 | 463 psf | one sale |
| 2021 | $448,500 | 497 psf | four sales |
| 2022 | $480,000 | 547 psf | two sales |
| 2023 | $390,000 | 533 psf | five sales |
| 2024 | $437,500 | 557 psf | four sales |
| 2025 | $488,000 | 667 psf | one sale |
| 2026 | $455,000 | 622 psf | three sales |
30 transactions in all, from April 2017 to Aug 2026. The flat models recorded here are New Generation.