# 1 LOFT is a 99-year leasehold development along LORONG 24 GEYLANG in District 14 (Geylang / Eunos), part of the RCR segment of Singapore's private residential market. The project comprises 80 units and is an established secondary-market project.
This profile draws on 21 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 14 (Geylang / Eunos), the immediate context for # 1 LOFT is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 21 sales and 124 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the # 1 LOFT dashboard.
- Average sale price: $827,836 across 21 transactions
- Estimated gross rental yield: 4.0%
- District 14 PSF ranking: Mid-range (top 58%)
- · RCR · D14 · 80 units
About # 1 LOFT
# 1 LOFT is a condominium, located at LORONG 24 GEYLANG in District 14 (Geylang, Eunos) (Rest of Central Region), comprising 80 residential units.
Unit Mix Distribution
Transaction data breakdown by bedroom type at # 1 LOFT:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 17 | $1,278 psf | $717,680 |
| 2 BR | 2 | $1,308 psf | $1,225,000 |
| 3 BR | 2 | $1,041 psf | $1,367,000 |
Sales Market Overview
# 1 LOFT has recorded 21 sale transactions with an average transaction price of $827,836, ranging from $665,000 to $1,580,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 6 | $1,173 psf | $762,148 | — |
| 2022 | 4 | $1,235 psf | $704,222 | ↑ 5.3% |
| 2023 | 2 | $1,302 psf | $960,000 | ↑ 5.4% |
| 2024 | 3 | $1,328 psf | $747,667 | ↑ 2.0% |
| 2025 | 5 | $1,332 psf | $850,355 | ↑ 0.3% |
| 2026 | 1 | $1,203 psf | $1,580,000 | ↓ 9.7% |
# 1 LOFT ranks in the top 58% of condos in District 14 by average PSF.
Compared to the RCR average of $2,047 psf, # 1 LOFT trades 38.5% below the segment benchmark.
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Rental Market Overview
# 1 LOFT has recorded 124 rental transactions with monthly rents averaging $2,755/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 109 | $2,637/mo | $1,200/mo | $4,000/mo |
| 3 BR | 15 | $3,613/mo | $2,800/mo | $4,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 35 | $2,231/mo |
| 2022 | 23 | $2,622/mo |
| 2023 | 18 | $3,294/mo |
| 2024 | 21 | $2,948/mo |
| 2025 | 25 | $3,090/mo |
| 2026 | 2 | $2,400/mo |
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Investment Analysis
Based on average rents and sale prices, # 1 LOFT delivers an estimated gross rental yield of 4.0%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 14
Side-by-side comparison against the most actively traded condos in District 14 (Geylang, Eunos):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PARC ESTA | 99 yrs lease commencing from 2018 | 1399 | $2,184 psf | 477 |
| SIMS URBAN OASIS | 99 yrs lease commencing from 2014 | 1024 | $1,762 psf | 365 |
| PENROSE | 99 yrs lease commencing from 2019 | 566 | $1,928 psf | 352 |
| EUHABITAT | 99 yrs lease commencing from 2010 | 697 | $1,326 psf | 233 |
| THE ANTARES | 99 yrs lease commencing from 2018 | 265 | $1,833 psf | 227 |
Location Map
Map shows # 1 LOFT (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- # 1 LOFT
- Aljunied MRT
- Dakota MRT
- Mountbatten MRT
- Paya Lebar MRT
- Paya Lebar MRT
- Geylang Methodist School (Primary)
- One World International School (Mountbatten)
- Geylang Methodist School (Secondary)
Nearby MRT Stations
# 1 LOFT is 420m from Aljunied MRT (East-West Line), with 7 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Aljunied | EW9 | East-West Line | 420m |
| Dakota | CC8 | Circle Line | 750m |
| Mountbatten | CC7 | Circle Line | 760m |
| Paya Lebar | EW8 | East-West Line | 1.2 km |
| Paya Lebar | CC9 | Circle Line | 1.2 km |
| Kallang | EW10 | East-West Line | 1.4 km |
| Stadium | CC6 | Circle Line | 1.5 km |
Nearby Schools
There are 12 schools within 2 km of # 1 LOFT, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Geylang Methodist School (Primary) | Primary | 280m |
| One World International School (Mountbatten) | International | 440m |
| Geylang Methodist School (Secondary) | Secondary | 470m |
| Kong Hwa School | Primary | 790m |
| Haig Girls' School | Primary | 1.4 km |
| Macpherson Primary School | Primary | 1.6 km |
| Tanjong Katong Primary School | Primary | 1.7 km |
| Tao Nan School | Primary | 1.8 km |
| Paya Lebar Methodist Girls' School | Secondary | 1.9 km |
| Broadrick Secondary School | Secondary | 1.9 km |
| EtonHouse International School (Broadrick) | International | 1.9 km |
| Tanjong Katong Girls' School | Secondary | 2.0 km |
Genuine walk-to-MRT access. Aljunied sits about 0.42km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 80 units, # 1 LOFT keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Geylang Methodist School (Primary) sits about 0.28km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"persona": "Young couple, first home",
"fit_color": "amber",
"reason": "Lease horizon constrains long-hold optionality"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "amber",
"reason": "Plan exit timing around lease-decay thresholds"
}
]
Composite assessment: # 1 LOFT benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 21 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for # 1 LOFT?
What is the rental yield for # 1 LOFT?
Is # 1 LOFT freehold or leasehold?
How far is the nearest MRT from # 1 LOFT?
What is the tenure of # 1 LOFT?
How does # 1 LOFT compare to other projects in the district?
What stamp duty applies for a foreign buyer of # 1 LOFT?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 21 transactions analysed
- Rental data: 124 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for # 1 LOFT
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.