We track 24 sales and 88 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE ALCOVE dashboard.
- Average sale price: $1,446,292 across 24 transactions
- Estimated gross rental yield: 3.5%
- District 14 PSF ranking: Value tier (top 90%)
- 99 yrs lease commencing from 2000 · RCR · D14 · 102 units
About THE ALCOVE
THE ALCOVE is a 99 yrs lease commencing from 2000 condominium, located at LORONG 27 GEYLANG in District 14 (Geylang, Eunos) (Rest of Central Region), developed by SIMS GREEN DEVELOPMENT PTE LTD, comprising 102 residential units, completed in 2004.
With approximately 73 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE ALCOVE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 10 | $997 psf | $1,245,800 |
| 4 BR | 10 | $1,050 psf | $1,474,300 |
| 5+ BR | 4 | $777 psf | $1,877,500 |
Sales Market Overview
THE ALCOVE has recorded 24 sale transactions with an average transaction price of $1,446,292, ranging from $975,000 to $2,080,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 6 | $861 psf | $1,215,000 | — |
| 2022 | 6 | $896 psf | $1,488,333 | ↑ 4.1% |
| 2023 | 2 | $1,098 psf | $1,345,000 | ↑ 22.4% |
| 2024 | 4 | $1,099 psf | $1,437,000 | ↑ 0.1% |
| 2025 | 3 | $1,102 psf | $1,588,333 | ↑ 0.2% |
| 2026 | 3 | $1,047 psf | $1,762,667 | ↓ 5.0% |
THE ALCOVE ranks in the top 90% of condos in District 14 by average PSF.
Compared to the RCR average of $2,049 psf, THE ALCOVE trades 52.1% below the segment benchmark.
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Rental Market Overview
THE ALCOVE has recorded 88 rental transactions with monthly rents averaging $4,218/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 18 | $3,528/mo | $2,600/mo | $4,400/mo |
| 3 BR | 70 | $4,396/mo | $1,800/mo | $7,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 14 | $3,211/mo |
| 2022 | 18 | $3,778/mo |
| 2023 | 17 | $4,385/mo |
| 2024 | 18 | $4,733/mo |
| 2025 | 15 | $4,640/mo |
| 2026 | 6 | $4,817/mo |
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Investment Analysis
Based on average rents and sale prices, THE ALCOVE delivers an estimated gross rental yield of 3.5%. 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 | $2,185 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 THE ALCOVE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE ALCOVE
- Aljunied MRT
- Dakota MRT
- Mountbatten MRT
- Paya Lebar MRT
- Paya Lebar MRT
- Geylang Methodist School (Primary)
- Geylang Methodist School (Secondary)
- One World International School (Mountbatten)
Nearby MRT Stations
THE ALCOVE is 300m from Aljunied MRT (East-West Line), with 7 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Aljunied | EW9 | East-West Line | 300m |
| Dakota | CC8 | Circle Line | 810m |
| Mountbatten | CC7 | Circle Line | 900m |
| Paya Lebar | EW8 | East-West Line | 1.1 km |
| Paya Lebar | CC9 | Circle Line | 1.1 km |
| Kallang | EW10 | East-West Line | 1.4 km |
| Mattar | DT25 | Downtown Line | 1.4 km |
Nearby Schools
There are 13 schools within 2 km of THE ALCOVE, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Geylang Methodist School (Primary) | Primary | 280m |
| Geylang Methodist School (Secondary) | Secondary | 440m |
| One World International School (Mountbatten) | International | 580m |
| Kong Hwa School | Primary | 710m |
| Haig Girls' School | Primary | 1.4 km |
| Macpherson Primary School | Primary | 1.4 km |
| Tanjong Katong Primary School | Primary | 1.7 km |
| Paya Lebar Methodist Girls' School | Secondary | 1.8 km |
| Tao Nan School | Primary | 1.8 km |
| Broadrick Secondary School | Secondary | 1.9 km |
| EtonHouse International School (Broadrick) | International | 1.9 km |
| Tanjong Katong Girls' School | Secondary | 2.0 km |
FAQ
What is the average price for THE ALCOVE?
What is the rental yield for THE ALCOVE?
Is THE ALCOVE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 24 transactions analysed
- Rental data: 88 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 THE ALCOVE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.