WING FONG BUILDING is a freehold development along LORONG 8 GEYLANG in District 14 (Geylang / Eunos), part of the RCR segment of Singapore's private residential market. The project comprises a compact unit count and is an established secondary-market project.
This profile draws on 1 recorded transaction 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 WING FONG BUILDING 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 1 sale and 2 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the WING FONG BUILDING dashboard.
- Average sale price: $1,880,000 across 1 transaction
- Estimated gross rental yield: 3.1%
- District 14 PSF ranking: Value tier (top 94%)
- Freehold tenure · RCR · D14
About WING FONG BUILDING
WING FONG BUILDING is a freehold condominium, located at LORONG 8 GEYLANG in District 14 (Geylang, Eunos) (Rest of Central Region).
As a freehold property, WING FONG BUILDING does not face lease decay concerns.
Sales Market Overview
WING FONG BUILDING has recorded 1 sale transaction with an average transaction price of $1,880,000, ranging from $1,880,000 to $1,880,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2023 | 1 | $919 psf | $1,880,000 | — |
WING FONG BUILDING ranks in the top 94% of condos in District 14 by average PSF.
Compared to the RCR average of $2,049 psf, WING FONG BUILDING trades 55.1% below the segment benchmark.
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Rental Market Overview
WING FONG BUILDING has recorded 2 rental transactions with monthly rents averaging $4,850/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 2 | $4,850/mo | $4,500/mo | $5,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 1 | $4,500/mo |
| 2023 | 1 | $5,200/mo |
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Investment Analysis
Based on average rents and sale prices, WING FONG BUILDING delivers an estimated gross rental yield of 3.1%. 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 WING FONG BUILDING (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- WING FONG BUILDING
- Mountbatten MRT
- Kallang MRT
- Stadium MRT
- Aljunied MRT
- Dakota MRT
- One World International School (Mountbatten)
- Geylang Methodist School (Primary)
- Geylang Methodist School (Secondary)
Nearby MRT Stations
WING FONG BUILDING is 680m from Mountbatten MRT (Circle Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Mountbatten | CC7 | Circle Line | 680m |
| Kallang | EW10 | East-West Line | 710m |
| Stadium | CC6 | Circle Line | 730m |
| Aljunied | EW9 | East-West Line | 1.1 km |
| Dakota | CC8 | Circle Line | 1.3 km |
Nearby Schools
There are 8 schools within 2 km of WING FONG BUILDING, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| One World International School (Mountbatten) | International | 610m |
| Geylang Methodist School (Primary) | Primary | 1.0 km |
| Geylang Methodist School (Secondary) | Secondary | 1.2 km |
| Hong Wen School | Primary | 1.6 km |
| Kong Hwa School | Primary | 1.6 km |
| St. Andrew's Junior School | Primary | 1.9 km |
| St. Andrew's Secondary School | Secondary | 1.9 km |
| St. Andrew's Junior College | Jc | 1.9 km |
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.
Walking-distance MRT. Mountbatten is about 0.68km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
School-belt proximity. One World International School (Mountbatten) sits about 0.61km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 1 recorded sale, 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: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ✅ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ✅ Long-term hold (10+ yr): Tenure supports CPF + buyer-pool through hold
Composite assessment: WING FONG BUILDING combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 1 transaction in URA provides the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. 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 WING FONG BUILDING?
What is the rental yield for WING FONG BUILDING?
Is WING FONG BUILDING 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: 1 transaction analysed
- Rental data: 2 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 WING FONG BUILDING
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 WING FONG BUILDING against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (460m away), an upgrader gap of about $1,000,000
- Geylang — 4-room average $761,443 (550m away), an upgrader gap of about $1,100,000