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Project Profile

The Alcove
condo

Indicative
Price Range:(Average*)
$1,108,000 - $1,108,000 ($1,108,000) Indicative
Rental Range:(Monthly Average*)
$2,400 - $4,000 ($3,121)
Street Name Lorong 27 Geylang
Property Type Apartment
Number of Units 102 units
Facilities Sauna, Swimming Pool, BBQ, Gym, Carpark, Security
Completion 2004
Tenure 99 Yrs
Source: Urban Redevelopment Authority (URA)
Historical High $906 psf in Feb 2014 for a 1324sqft unit
Historical Low $472 psf in May 2009 for a 1378sqft unit
Implied Rental Yield 3.4%
Indicative Average Price
from Historical High
N/A
Buyer profile by
purchaser address#
HDB 46.6%, Private 53.4%
* Based on contracts in the last 12 months.
# Based on all available caveats, it does not represent the breakdown of current owners.

Buyer Profile

Source: Urban Redevelopment Authority (URA)
The chart shows the breakdown of buyers by nationality. The majority of the buyers consist of Singaporeans (69.1%) while Company (0.6%) make up the least.

Estimated Unit Size Distribution

Source: Urban Redevelopment Authority (URA)

The chart shows the breakdown of all the units within the development by unit size. Majority of (65.1%) of the apartments are 1301 to 1500 sqft and apartments of > 2401 sqft make up the least (2.3%).

Larger households with stronger pricing power are more likely opt for larger apartments. Smaller households and singles are more likely to opt for lower square footage sized apartments because of their affordability and functionality.