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Penang Service Apartments — recent transacted prices and indicative value

Freehold · 1 address

Too little recent data here to publish a reliable figure. 2 recorded sales in the last 24 months; at least 3 are needed to publish a reliable figure. Everything we hold is below.

How has the price at Penang Service Apartments changed?

The median price at Penang Service Apartments has risen 23.4% from S$992 psf in Q4 2021 to S$1,224 psf in Q2 2025. This reflects recorded transactions and is not a formal valuation.

How accurate is this estimate for Penang Service Apartments?

Too few sales since Q1 2026 to score the estimate here. Three are the minimum, and this project has not had them.

Value a unit here

Starts with this address. Type another address or postal code in this project to value that one.

Primary schools within 1 km of Penang Service Apartments

Measured from each school's land to this project's buildings, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km check OneMap's School Query.

What does a unit at Penang Service Apartments rent for?

A typical unit at Penang Service Apartments rents for about S$3,750 a month, the middle of 2 leases of a similar size recorded by URA. That is a gross yield of 3.52% on the indicative value. Indicative, from recorded rents.

What this home earns against what it costs, set beside what homes like it earn.

3.52% gross yield

S$45,000 of rent a year against the estimate above · 0.36 points above flats like it

Leases signed here within a quarter of this size run about S$3,750 a month, the middle of 2 of them.

In the rest of the central region, freehold flats yield 3.16%, from 844 projects. Too few share this home's remaining lease to measure that separately.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q2 20261100-1200 sqft—Non-landed PropertiesS$2,700
Q4 20251100-1200 sqft—Non-landed PropertiesS$4,800
Q3 20251000-1100 sqft—Non-landed PropertiesS$4,800
Q2 20251100-1200 sqft—Non-landed PropertiesS$4,850
Q2 20251000-1100 sqft—Non-landed PropertiesS$4,600
Q1 20251000-1100 sqft—Non-landed PropertiesS$4,200

median of 2 URA rental contracts at Penang Service Apartments within a quarter of 100.5 sqm, since 2025Q4.

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What sizes sell at Penang Service Apartments?

Nearest projects

Buying or selling here?

Buying: Stamp duty · Cash and CPF needed · How much can I borrow · Monthly repayment.

Selling: Net proceeds from selling.

What has sold at Penang Service Apartments recently?

Recorded sales
DateDetailAreaPricePer area
May 2025
Penang Service Apartments · 01-05 · Apartment
1,012 sqftS$1,238,888S$1,224 psf
Dec 2024
Penang Service Apartments · 01-05 · Apartment
1,152 sqftS$1,318,888S$1,145 psf
Jan 2024
Penang Service Apartments · 01-05 · Apartment
1,152 sqftS$1,298,888S$1,128 psf
Apr 2023
Penang Service Apartments · 01-05 · Apartment
1,012 sqftS$1,198,000S$1,184 psf
Mar 2022
Penang Service Apartments · 06-10 · Apartment
1,152 sqftS$1,180,888S$1,025 psf
Nov 2021
Penang Service Apartments · 06-10 · Apartment
1,012 sqftS$1,003,888S$992 psf

Sale prices as filed in caveats.