Prime Residence

D14 (RCR) Freehold

Prime Residence is a freehold condominium in District 14 (Geylang, Eunos), within Singapore's Rest of Central Region (RCR). The development was completed in 2014 and comprises 39 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 14 · Freehold · Completed 2014
~$1,510Avg PSF (12-month)
39Total units
Category Ratings
Facilities
4.0
Unit size & layout
6.5
Value for money
8.5
Neighbourhood
7.0
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

PRIME RESIDENCE is a freehold condominium at LORONG 22 GEYLANG in District 14 (RCR), developed by SPRINGLIFE DEVELOPMENT PTE LTD, comprising 39 units, completed in 2014.

Developer
SPRINGLIFE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
39
TOP year
2014
District
14 — RCR
Street
LORONG 22 GEYLANG

Location & Connectivity

PRIME RESIDENCE is approximately 580m from Mountbatten MRT station, with 8 stations within 1.5 km.

MRT stations near PRIME RESIDENCE
StationLineDistance
MountbattenCircle Line580m
AljuniedEast-West Line590m
DakotaCircle Line750m
KallangEast-West Line1.2 km
StadiumCircle Line1.2 km
Paya LebarEast-West Line1.4 km

Schools & Education

11 schools within 2 km (5 within 1 km priority zone).

Schools near PRIME RESIDENCE
SchoolTypeDistance
One World International School (Mountbatten)International260m
Geylang Methodist School (Primary)Primary420m
Geylang Methodist School (Secondary)Secondary600m
Olympiad International SchoolInternational700m
Kong Hwa SchoolPrimary960m
Haig Girls' SchoolPrimary1.5 km
Tanjong Katong Primary SchoolPrimary1.7 km
Macpherson Primary SchoolPrimary1.8 km

Unit Mix & Pricing

Unit mix for PRIME RESIDENCE
TypeSalesAvg PSFAvg Price
Studio5$1,462 psf$585,355
1 BR3$1,349 psf$716,667

Market Position

PRIME RESIDENCE has recorded 8 sales at an average price of $634,597.

PRIME RESIDENCE sits at the 57th percentile of District 14 condo PSF.
$1,510 psf
Avg PSF (12mo)
$634,597
Avg Price
4.7%
Gross Yield
8
Total Sales

Price Appreciation

PSF trend for PRIME RESIDENCE
YearSalesAvg PSFChange
20212$1,288 psf
20221$1,391 psf↑ 8.0%
20243$1,457 psf↑ 4.8%
20252$1,510 psf↑ 3.6%

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The latest reading marks the highest point in this series — PRIME RESIDENCE prices have climbed 17.3% since 2021.

Price Index Check

The ShiokNest Price Index for District 14 reads 119.9 as of June 2026 — down 6.9% 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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Neighbourhood Comparison

District 14 competitors
CondoTenureAvg PSFSales
PARC ESTA99 yrs lease commencing from 2018$2,188 psf496
SIMS URBAN OASIS99 yrs lease commencing from 2014$1,766 psf375
PENROSE99 yrs lease commencing from 2019$1,933 psf359
EUHABITAT99 yrs lease commencing from 2010$1,331 psf244
THE ANTARES99 yrs lease commencing from 2018$1,835 psf230

What Could Work Against You

  • With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 39-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for car-owning households, cbd walking distance, yield-focused investors and long-term hold (10+ yr). Parking and arterial road access matter more here than walking-distance MRT.

young couples (no kids) should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

PRIME RESIDENCE is a freehold development in District 14 (RCR), with 39 units, offering a gross yield of 4.7%.

At ~$1,510 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full PRIME RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing PRIME RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:

FAQ

What is the average PSF for PRIME RESIDENCE?
The 12-month average is approximately $1,510 psf.
Is PRIME RESIDENCE freehold?
Yes, PRIME RESIDENCE is a freehold property.
What is the rental yield for PRIME RESIDENCE?
The estimated gross yield is 4.7%.
Which MRT is nearest to PRIME RESIDENCE?
The nearest is Mountbatten MRT at 580m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 8 transactions
  • Rental data: 102 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of September 2025

Latest recorded data point: Sep 2025 · 8 records analysed · Source: URA private-sale caveats