FAMILIE MANSIONS

LORONG 8 GEYLANG
RESALE CONDODistrict 14
Kallang MRT · 8 min walk (637m)RCRFreehold
Total Units
12
2Y PSF Change
+9.9%
1 txns in 24m
Median PSF
919
13.9% QoQ
Total Sales
3
since 2022-09
Price Range
$1.1M$1.2M
all-time
Unit Size
1,245 sqft
Floors 16
PSF MOVEMENT ALERT — 2024-Q1
Median PSF rose 13.9% quarter-on-quarter (from $859 in 2023-Q1 to $978 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

FAMILIE MANSIONS commands $978 PSF -- NaN% below what District 14 typically fetches ($0 PSF). Kallang MRT is 637m away (8-min walk), functional but not a headline selling point.

Prices are up 9.9% over two years, reflecting genuine buyer interest without bubble-level exuberance. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At just 12 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.

PSF Trend

Quarterly
921
2022-Q3
859
2023-Q1
978
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Mar 2024
DatePriceSizePSFFloor
Mar 2024$1,200,0001,227 sqft$97801-05
Feb 2023$1,100,0001,281 sqft$85906-10
Sep 2022$1,130,0001,227 sqft$92106-10
Showing 3 of 3 transactions

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