COSY 23 Review

Condo Review 5 min read Last reviewed
District 14 · Freehold · Completed 1999
~$1,154Avg PSF (12-month)
11Total units
Category Ratings
Walkability
8.0
Investment
6.0
En-Bloc Potential
5.2
ShiokNest Score
6.0

Overview & Key Facts

COSY 23 is a freehold condominium at LORONG 30 GEYLANG in District 14 (RCR), developed by TORIE DEVELOPMENT (1988) PTE LTD, comprising 11 units, completed in 1999.

Developer
TORIE DEVELOPMENT (1988) PTE LTD
Tenure
Freehold
Total units
11
TOP year
1999
District
14 — RCR
Street
LORONG 30 GEYLANG

Location & Connectivity

COSY 23 is approximately 520m from Dakota MRT station, with 6 stations within 1.5 km.

MRT stations near COSY 23
StationLineDistance
DakotaCircle Line520m
AljuniedEast-West Line580m
MountbattenCircle Line850m
Paya LebarEast-West Line930m
Paya LebarCircle Line930m
Tanjong KatongThomson-East Coast Line1.2 km

Schools & Education

15 schools within 2 km (4 within 1 km priority zone).

Schools near COSY 23
SchoolTypeDistance
Geylang Methodist School (Primary)Primary60m
Geylang Methodist School (Secondary)Secondary130m
Kong Hwa SchoolPrimary490m
One World International School (Mountbatten)International580m
Haig Girls' SchoolPrimary1 km
Tanjong Katong Primary SchoolPrimary1.4 km
Tao Nan SchoolPrimary1.5 km
Macpherson Primary SchoolPrimary1.6 km

Unit Mix & Pricing

Unit mix for COSY 23
TypeSalesAvg PSFAvg Price
3 BR2$1,120 psf$1,215,000
4 BR1$1,154 psf$1,640,000

Market Position

COSY 23 has recorded 3 sales at an average price of $1,356,667.

COSY 23 sits at the 24th percentile of District 14 condo PSF.
$1,154 psf
Avg PSF (12mo)
$1,356,667
Avg Price
3.3%
Gross Yield
3
Total Sales

Price Appreciation

PSF trend for COSY 23
YearSalesAvg PSFYoY
20231$1,085 psf
20241$1,154 psf↑ 6.4%
20251$1,154 psf↓ 0.0%

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COSY 23 prices are holding within 0.0% of the 2024 peak, 6.3% above the 2023 starting level.

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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Neighbourhood Comparison

District 14 competitors
CondoTenureAvg PSFSales
PARC ESTA99 yrs lease commencing from 2018$2,187 psf493
SIMS URBAN OASIS99 yrs lease commencing from 2014$1,765 psf373
PENROSE99 yrs lease commencing from 2019$1,933 psf359
EUHABITAT99 yrs lease commencing from 2010$1,330 psf243
THE ANTARES99 yrs lease commencing from 2018$1,834 psf229

What Could Work Against You

  • Only 0 transactions 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 11 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for car-owning households, p1 school balloting families, en-bloc speculators and freehold / generational hold. At ~522m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

It is a weaker fit for short-term flippers (<5 yr) and resort facilities — other options likely serve them better. TOP 1999 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.

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


Verdict

COSY 23 is a freehold development in District 14 (RCR), with 11 units, offering a gross yield of 3.3%.

At ~$1,154 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full COSY 23 dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing COSY 23 against staying public? These HDB towns sit within walking or short-drive distance:

  • Geylang — 4-room average $761,443 (240m away), an upgrader gap of about $600,000
  • Kallang/whampoa — 4-room average $882,887 (1.1 km away), an upgrader gap of about $450,000

FAQ

What is the average PSF for COSY 23?
The 12-month average is approximately $1,154 psf.
Is COSY 23 freehold?
Yes, COSY 23 is a freehold property.
What is the rental yield for COSY 23?
The estimated gross yield is 3.3%.
Which MRT is nearest to COSY 23?
The nearest is Dakota MRT at 520m.

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: 3 transactions
  • Rental data: 15 leases
  • Source: URA REALIS

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

Data as of June 2025

Latest recorded data point: Jun 2025 · 3 records analysed · Source: URA private-sale caveats

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