Every private property buyer would prefer to purchase a Freehold tenure property. But many choose not to because of the premium price over similar properties of 99 years tenure.
Hence we have curated a list of the top 15 cheapest freehold condos in Singapore.
All the units in this list are one bedder. Their size ranges from the smallest at 344 Sqft to the biggest at 441 Sqft.
| Project Name | Street Name | Type | Postal District | Market Segment | Price | Area (Sqft) | PSF | Date of Sale |
|---|---|---|---|---|---|---|---|---|
| LE REGAL | GEYLANG ROAD | Apartment | 14 | RCR | $495,000 | 366 | $1353 | May 2019 |
| PRESTIGE HEIGHTS | BALESTIER ROAD | Apartment | 12 | RCR | $500,000 | 344 | $1452 | March 2019 |
| EASTWOOD REGENCY | EASTWOOD ROAD | Apartment | 16 | OCR | $520,000 | 409 | $1271 | March 2019 |
| EASTWOOD REGENCY | EASTWOOD ROAD | Apartment | 16 | OCR | $525,000 | 398 | $1318 | April 2019 |
| LA FLEUR | LORONG 26 GEYLANG | Apartment | 14 | RCR | $530,000 | 409 | $1296 | February 2019 |
| VIBES @ KOVAN | KOVAN ROAD | Apartment | 19 | OCR | $538,888 | 377 | $1430 | May 2019 |
| SUITES@EASTCOAST | UPPER EAST COAST ROAD | Condominium | 15 | OCR | $540,000 | 366 | $1476 | July 2019 |
| EDENZ LOFT | LORONG 24 GEYLANG | Apartment | 14 | RCR | $540,000 | 441 | $1224 | May 2019 |
| PRESTIGE LOFT | TELOK KURAU ROAD | Apartment | 15 | OCR | $540,000 | 377 | $1433 | February 2019 |
| HAIG 162 | HAIG ROAD | Apartment | 15 | RCR | $542,000 | 366 | $1481 | May 2019 |
| SUITES@PAYA LEBAR | UPPER PAYA LEBAR ROAD | Apartment | 19 | OCR | $545,000 | 366 | $1489 | February 2019 |
| ROYCE RESIDENCES | LORONG 6 GEYLANG | Apartment | 14 | RCR | $549,999 | 420 | $1310 | April 2019 |
| VIVA VISTA | SOUTH BUONA VISTA ROAD | Apartment | 5 | RCR | $550,000 | 323 | $1703 | June 2019 |
| VIVA VISTA | SOUTH BUONA VISTA ROAD | Apartment | 5 | RCR | $550,000 | 344 | $1597 | March 2019 |
| SUITES@SHREWSBURY | SHREWSBURY ROAD | Apartment | 11 | CCR | $555,000 | 366 | $1516 | May 2019 |
| THE WATER EDGE | LORONG 38 GEYLANG | Apartment | 14 | RCR | $555,000 | 388 | $1432 | March 2019 |
| VIVA VISTA | SOUTH BUONA VISTA ROAD | Apartment | 5 | RCR | $560,000 | 377 | $1486 | July 2019 |
| NESS | LORONG 32 GEYLANG | Apartment | 14 | RCR | $560,000 | 431 | $1301 | June 2019 |
Private residential property transactions with caveats lodged or options issued from January 2019 to July 2019
Some of you may be wondering what is the difference between a condominium type and an apartment type?
Condominiums and apartments are different classifications specified in planning permissions issued by URA.
Compared with apartments, condominium developments require larger land areas for the provision of communal and recreational facilities.
The minimum land size of an apartment is 1000m² while the minimum land size of a condominium is 4000m².
1) LE REGAL
Street Name: Geylang Road
Property Type: Apartment
District: D14
Completion Year: 2015
Total Units: 88
Developer: Fragrance Realty Pte Ltd
Le Regal is a 5-storey development comprising 88 residential units situated above 48 units of commercial shops.
It is within walking distance to popular eateries such as Eminent Frog Porridge and 126 Dim Sum.
The recent transaction is in May 2019; a 366 Sqft unit was sold for $495,000 at a PSF of $1353.
Le Regal is the cheapest freehold condo unit on our top 15 cheapest freehold condos list.
2) PRESTIGE HEIGHTS
Street Name: Balestier Road
Property Type: Apartment
District: D12
Completion Year: 2011
Total Units: 154
Developer: Fragrance Land Pte Ltd
Prestige Heights is located at the end of a road behind Shaw Plaza.
It is near to Whampoa hawker centre and other eateries such as Loy Kee Chicken Rice and Founder Bak Kut Teh.
It can be quite inconvenient to travel around if you do not drive as the nearest MRT station Novena is 1.2km away and takes about 15 minutes to walk.
Prestige Heights is also the development with the most number of units on our list.
The last transaction is in March 2019; a 344 Sqft unit was sold at $1452 PSF for $500,000.
3) EASTWOOD REGENCY
Street Name: Eastwood Road
Property Type: Apartment
District: D16
Completion Year: 2010
Total Units: 75
Developer: Fragrance Realty Pte Ltd
If you enjoy a peaceful and quiet place to stay away from the crowds, you will love Eastwood Regency.
It is located amid the enclave of serene environment, next to Laguna Gold Club and Bedok Park Connector.
The nearest eateries are within walking distance located at Bedok Food Centre.
For daily necessities, residents can head down to Cold Storage at Eastwood Centre.
The recent transaction is in March 2019; a 409 Sqft unit was sold for $520,000 at a PSF of $1271.
4) LA FLEUR
Street Name: Lorong 26 Geylang
Property Type: Apartment
District: D14
Completion Year: 2014
Total Units: 58
Developer: Teambuild Properties Pte Ltd
La Fleur is located right in the middle of Geylang Road.
Old Airport Food Centre is 550m away, about a 7 minutes walk. The closest MRT station Aljunied is also within walking distance.
The last transaction is in February 2019; a 409 Sqft unit was sold for $530,000 at $1296 PSF.
5) VIBES@KOVAN
Street Name: Kovan Road
Property Type: Apartment
District: D19
Completion Year: 2014
Total Units: 36
Developer: Oxley Assets Pte Ltd
Vibes@Kovan is a mixed development consisting of 36 residential units and five commercial units.
It is near to Serangoon Stadium and Paya Lebar Methodist Church.
It takes about 15 minutes to walk to Nex mall and Serangoon MRT.
The recent transaction is in May 2019; a 377 Sqft unit was sold for $538,888 at $1430 PSF.
6) SUITES@EASTCOAST
Street Name: Upper East Coast Road
Property Type: Condominium
District: D15
Completion Year: 2012
Total Units: 116
Developer: Fragrance Properties Pte Ltd
Suites@Eastcoast is the only condominium on our top 15 cheapest freehold condos list.
As it is classified under condominium type, you can look forward to more facilities than an apartment such as a function room and playground.
Owning a car helps if you are planning to stay here as the nearest Bedok MRT station is about 1.5km away.
The last transaction is in July 2019; a 366 Sqft unit was sold for $540,000 at $1476 PSF.
7) PRESTIGE LOFT
Street Name: Telok Kurau Road
Property Type: Apartment
District: D15
Completion Year: 2010
Total Units: 19
Developer: Fragrance Properties Pte Ltd
Prestige Loft is the second smallest development on our list.
If you are a beach lover, you will be glad to know that it is located near to East Coast Park.
The closest shopping malls are 112 Katong and Parkway Parade.
Travelling around will be more convenient in 2023 when the nearest Marine Terrace MRT is completed.
The last transaction is in February 2019; a 377 Sqft unit was sold at $1433 PSF for $540,000.
8) EDENZ LOFT
Street Name: Lorong 24 Geylang
Property Type: Apartment
District: D14
Completion Year: 2015
Total Units: 42
Developer: A Development Pte Ltd
Edenz Loft is another development located at Geylang.
You can be sure there is no lack of eateries and supper places.
If you have young children, there are a few schools nearby such as Kong Hwa School and Geylang Methodist School.
The recent transaction is in May 2019; a 441 Sqft unit was sold for $540,000 at a PSF of $1224. This unit has the lowest PSF on our top 15 cheapest freehold condos list.
9) HAIG 162
Street Name: Haig Road
Property Type: Apartment
District: D15
Completion Year: 2013
Total Units: 99
Developer: Mequity Two Pte Ltd
Haig 162 is a 16-storey apartment development, the tallest on our list.
It is touted as a high-rise modern living during its launch.
It is located within a few minutes walk to schools such as Tanjong Katong Secondary School and Tanjong Katong Girls’ School.
With regards to transport, the nearest Dakota MRT is about 1.3km away.
The last transaction is in May 2019; a 366 Sqft unit was sold for $542,000 at $1481 PSF.
10) SUITES@PAYA LEBAR
Street Name: Upper Paya Lebar Road
Property Type: Apartment
District: D19
Completion Year: 2013
Total Units: 99
Developer: Fragrance Properties Pte Ltd
Suites@Paya Lebar is located at the T-junction of Upper Paya Lebar Road and Lorong Ah Soo.
It is within proximity to Nex mall and Serangoon MRT.
The nearest schools are Paya Lebar Methodist Girls’ School and St Gabriel’s Secondary School.
The recent transaction is in February 2019; a 366 Sqft unit was sold for $545,000 at $1489 PSF.
11) ROYCE RESIDENCES
Street Name: Lorong 6 Geylang
Property Type: Apartment
District: D14
Completion Year: 2013
Total Units: 40
Developer: Goodland Development Pte Ltd
Royce Residences is located near to the fringe of Geylang and in-between two hotels.
It is also the nearest to the city centre amongst all other six developments in Geylang on our list.
The nearest Kallang MRT is 750m away, about a 10 minutes walk.
Neighbouring amenities include Kallang Wave Mall, Leisure Park Kallang and Singapore Sports Hub.
The last transaction is in April 2019; a 420 Sqft unit was sold at $1310 PSF for $549,999.
12) VIVA VISTA
Street Name: South Buona Vista Road
Property Type: Apartment
District: D5
Completion Year: 2014
Total Units: 144
Developer: Hume Homes Pte Ltd
Viva Vista is a five storeys residential and commercial mixed development with 106 Level 1 and Basement 1 shops.
This development has the most central location on our list.
It is located in-between Haw Par Villa and Pasir Panjang MRT.
If you work in either Science Park II or Mapletree Business City, commuting to work will no longer be a chore.
But there is a trade-off for the location, as Viva Vista is also the smallest unit on our top 15 cheapest freehold condos list.
The recent transaction is in March 2019; a 344 Sqft unit was sold for $550,000 at a PSF of $1597.
13) SUITES@SHREWSBURY
Street Name: Shrewsbury Road
Property Type: Apartment
District: D11
Completion Year: 2012
Total Units: 15
Developer: Macly Capital Pte Ltd
Suites@shrewsbury is the smallest development on our list with only 15 units.
If you like exclusivity, then you might want to consider this.
If you drive, there is easy accessibility via Central Expressway(CTE) and Pan Island Expressway(PIE).
If you do not drive, it is about a 10 minutes walk to Novena MRT which is 750m away.
The last transaction is in May 2019; a 366 Sqft unit was sold at $1516 PSF for $555,000.
14) THE WATER EDGE
Street Name: Lorong 38 Geylang
Property Type: Apartment
District: D14
Completion Year: 2013
Total Units: 98
Developer: Pinnacle Development Pte Ltd
The Water Edge is located right next to Geylang Park Connector and Geylang River.
It has a unique rooftop garden complete with swimming pool, pool deck and barbeque area.
There are plenty of food options within the vicinity, so you will never go hungry.
The nearest MRT is Paya Lebar Station which is 800m away, about an 11 minutes walk.
The recent transaction is in March 2019; a 388 Sqft unit was sold for $555,000 at a PSF of $1432.
15) NESS
Street Name: Lorong 32 Geylang
Property Type: Apartment
District: D14
Completion Year: 2015
Total Units: 62
Developer: Phoenix Land(Singapore) Pte Ltd
Ness rounds up our list of the top 15 cheapest freehold condos in Singapore.
It is located in the middle of Lorong 32 Geylang, surrounded by plenty of popular food places such as JB Ah Meng and L32 Handmade Noodles.
There are three MRT stations nearby, Dakota(700m), Aljunied(1km) and Paya Lebar(1.1km).
The last transaction is in June 2019; a 431 Sqft unit was sold at $1301 PSF for $560,000.
We used the selling price of the units as our benchmark when compiling this list of the top 15 cheapest freehold condos in Singapore.
If you are planning to purchase one of these condos for investment, find out how much property tax you will need to pay as it will affect your rental yield.
Are you looking for a real estate agent? Contact me @ 9762 1726 or email to leo@privatehome.sg