MILLAGE is a freehold development along CHANGI ROAD in District 14 (Geylang / Eunos), part of the RCR segment of Singapore's private residential market. The project comprises 70 units and is an established secondary-market project.
This profile draws on 19 recorded transactions from URA 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 MILLAGE 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 19 sales and 176 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MILLAGE dashboard.
- Average sale price: $790,678 across 19 transactions
- Estimated gross rental yield: 4.0%
- District 14 PSF ranking: Above average (top 27%)
- Freehold tenure · RCR · D14 · 70 units
About MILLAGE
MILLAGE is a freehold condominium, located at CHANGI ROAD in District 14 (Geylang, Eunos) (Rest of Central Region), comprising 70 residential units.
As a freehold property, MILLAGE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MILLAGE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 11 | $1,561 psf | $706,353 |
| 1 BR | 6 | $1,529 psf | $815,833 |
| 2 BR | 2 | $1,245 psf | $1,179,000 |
Sales Market Overview
MILLAGE has recorded 19 sale transactions with an average transaction price of $790,678, ranging from $660,000 to $1,190,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 4 | $1,399 psf | $797,000 | — |
| 2022 | 3 | $1,606 psf | $708,333 | ↑ 14.8% |
| 2023 | 4 | $1,490 psf | $841,722 | ↓ 7.2% |
| 2024 | 5 | $1,581 psf | $782,600 | ↑ 6.1% |
| 2025 | 3 | $1,518 psf | $810,000 | ↓ 3.9% |
MILLAGE ranks in the top 27% of condos in District 14 by average PSF.
Compared to the RCR average of $2,049 psf, MILLAGE trades 25.9% below the segment benchmark.
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Rental Market Overview
MILLAGE has recorded 176 rental transactions with monthly rents averaging $2,637/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 111 | $2,547/mo | $1,800/mo | $3,500/mo |
| 2 BR | 65 | $2,790/mo | $1,800/mo | $4,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 31 | $2,032/mo |
| 2022 | 41 | $2,455/mo |
| 2023 | 37 | $2,919/mo |
| 2024 | 21 | $2,847/mo |
| 2025 | 35 | $2,876/mo |
| 2026 | 11 | $2,910/mo |
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Investment Analysis
Based on average rents and sale prices, MILLAGE delivers an estimated gross rental yield of 4.0%. This places it among the higher-yielding condos in Singapore.
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 | $2,185 psf | 482 |
| SIMS URBAN OASIS | 99 yrs lease commencing from 2014 | 1024 | $1,763 psf | 367 |
| PENROSE | 99 yrs lease commencing from 2019 | 566 | $1,929 psf | 354 |
| EUHABITAT | 99 yrs lease commencing from 2010 | 697 | $1,327 psf | 234 |
| THE ANTARES | 99 yrs lease commencing from 2018 | 265 | $1,834 psf | 229 |
Location Map
Map shows MILLAGE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MILLAGE
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Boutique character. With 70 units, MILLAGE 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.
Mature streetscape and amenity coverage. The immediate neighbourhood has the daily-living amenity profile of an established residential precinct — hawker centres, supermarkets, clinics, parks within a short walk or drive. The convenience compounds over a hold, even if no single amenity is a headline feature.
Unverified MRT proximity. The MRT distance is not recorded in our reference data. Before underwriting any MRT premium in your valuation, do a manual walking-time check on OneMap or Google Maps — listing summaries routinely conflate driving distance with walking distance.
Thin transaction history. With only 19 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
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.
- ✅ Young couple, first home: Long balance lease + likely sub-CCR pricing
- ⚠️ Family with school-age kids: Verify exact 1km/2km school-finder boundaries
- ⚠️ CBD commuter: Bus or own-vehicle commute likely required
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): Verify tenant-pool depth in immediate catchment
- ✅ Long-term hold (10+ yr): Tenure supports CPF + buyer-pool through hold
Composite assessment: MILLAGE sits in an off-MRT-spine pocket where own-vehicle commuting and a narrower tenant pool define the economics. Suits owner-occupiers who prioritise the specific neighbourhood and lifestyle fit over capital-market efficiency. 19 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 7-12 years with realistic vacancy and re-let cost assumptions. 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 MILLAGE?
What is the rental yield for MILLAGE?
Is MILLAGE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 19 transactions analysed
- Rental data: 176 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 MILLAGE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 758 condo transactions recorded in District 14 over the last 12 months, 93% resale, 6% sub sale, 1% new sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 14 reads 121.5 as of June 2026 — down 8.2% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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HDB Alternatives Nearby
Weighing MILLAGE against staying public? These HDB towns sit within walking or short-drive distance:
- Pasir Ris — 4-room average $655,465 (10m away), an upgrader gap of about $150,000