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BELOW $1 MILLION: Freehold apartment in Geylang selling at $863 psf

By Metta Lee

/ The Edge Property |

May 4, 2016 4:24 PM SGT

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A 1,066 sq ft, three-bedroom unit at Balmy Court has been listed at $920,000, or $863 psf.

Completed in 1998, Balmy Court is a 29-unit freehold apartment located at Lorong 27A Geylang. It is within 300m from Aljunied MRT station of the East West Line and Geylang East Public Library.

Schools within a 1km radius of the property include Kong Hwa School and Geylang Methodist School (Primary).

There was only one rental contract in 2016, where a 1,200 to 1,300 sq ft three-bedroom unit was rented out for $3,300 per month in January.

Recent transactions at Balmy Court

Contract date	Unit Size	Price ($)	Price ($ psf)
28-Dec-15	1,302	1,180,000	906
2-Oct-15	1,001	970,000	969
25-May-15	947	946,000	999

Source: URA, The Edge Property

Click here for more listings at Balmy Court and nearby projects.

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