Hoa Nam Building
Located in District 8 (Little India), Hoa Nam Building is a freehold condominium in the Rest of Central Region (RCR). The development comprises 36 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 8 can be compared on ShiokNest's district analytics pages.
Overview & Key Facts
HOA NAM BUILDING is a freehold condominium at FOCH ROAD in District 8 (RCR), developed by , comprising 36 units.
Location & Connectivity
HOA NAM BUILDING is approximately 340m from Bendemeer MRT station, with 11 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Bendemeer | Downtown Line | 340m |
| Farrer Park | North-East Line | 650m |
| Lavender | East-West Line | 690m |
| Boon Keng | North-East Line | 770m |
| Jalan Besar | Downtown Line | 960m |
| Kallang | East-West Line | 1.3 km |
Schools & Education
14 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 420m |
| St. Andrew's Secondary School | Secondary | 600m |
| St. Andrew's Junior College | JC | 600m |
| St. Andrew's Junior School | Primary | 650m |
| Hong Wen School | Primary | 670m |
| Bendemeer Primary School | Primary | 1.1 km |
| Bendemeer Secondary School | Secondary | 1.1 km |
| LASALLE College of the Arts | Tertiary | 1.1 km |
Market Position
HOA NAM BUILDING has recorded 4 sales at an average price of $1,220,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,235 psf | — |
| 2022 | 1 | $1,586 psf | ↑ 28.5% |
| 2025 | 2 | $1,403 psf | ↓ 11.5% |
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HOA NAM BUILDING prices have cooled 11.5% from the 2022 peak, yet remain 13.6% above where the series began in 2021.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | $2,173 psf | 434 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | $1,777 psf | 138 |
| CITY SQUARE RESIDENCES | Freehold | $1,897 psf | 116 |
| STURDEE RESIDENCES | 99 yrs lease commencing from 2015 | $1,999 psf | 107 |
| KERRISDALE | 99 yrs lease commencing from 1998 | $1,400 psf | 92 |
What Could Work Against You
- Only 1 transaction were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 36 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and first-time hdb upgraders. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
It is a weaker fit for freehold / generational hold — other options likely serve them better. Freehold makes this a candidate for multi-generation transfer with no lease-decay drag.
Verdict
HOA NAM BUILDING is a freehold development in District 8 (RCR), with 36 units, offering a gross yield of 2.8%.
At ~$1,403 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full HOA NAM BUILDING dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HOA NAM BUILDING against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (260m away), an upgrader gap of about $350,000
- Central Area — 4-room average $1,088,814 (670m away), an upgrader gap of about $150,000
- Geylang — 4-room average $761,443 (1.8 km away), an upgrader gap of about $450,000
FAQ
What is the average PSF for HOA NAM BUILDING?
Is HOA NAM BUILDING freehold?
What is the rental yield for HOA NAM BUILDING?
Which MRT is nearest to HOA NAM BUILDING?
Sources & Next Steps
- HOA NAM BUILDING Dashboard — Live charts and analytics
- URA — Official transaction data
- District 8 (Little India) — District 8 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 4 transactions
- Rental data: 43 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Oct 2025 · 4 records analysed · Source: URA private-sale caveats