Overview & Key Facts
HERITAGE PLACE is a condominium at TAN QUEE LAN STREET in District 7 (RCR), developed by STAN-LLOYD INVESTMENTS PTE LTD (SUM KEONG GROUP), comprising 21 units, completed in 1999.
Location & Connectivity
HERITAGE PLACE is approximately 260m from Bugis MRT station, with 18 stations within 1.5 km.
Schools & Education
10 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Nanyang Academy of Fine Arts | Tertiary | 470m |
| School of the Arts | Jc | 480m |
| Singapore Management University | Tertiary | 760m |
| LASALLE College of the Arts | Tertiary | 980m |
| St. Andrew's Junior School | Primary | 1 km |
| St. Andrew's Secondary School | Secondary | 1.1 km |
| St. Andrew's Junior College | Jc | 1.1 km |
| Farrer Park Primary School | Primary | 1.6 km |
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| MIDTOWN MODERN | 99 yrs lease commencing from 2019 | $2,838 psf | 583 |
| THE M | 99 yrs lease commencing from 2019 | $2,751 psf | 137 |
| DUO RESIDENCES | 99 yrs lease commencing from 2011 | $2,205 psf | 103 |
| CONCOURSE SKYLINE | 99 yrs lease commencing from 2008 | $1,962 psf | 95 |
| MIDTOWN BAY | 99 yrs lease commencing from 2018 | $3,220 psf | 93 |
Lease Analysis
With 72 years remaining on its 99-year lease, HERITAGE PLACE still qualifies for full bank financing and CPF usage.
What Could Work Against You
- At 21 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: mrt-walkable commuters, cbd walking distance, tertiary student housing and yield-focused investors. Located ~260m from Bugis MRT, this property is a comfortable daily walk for transit commuters.
long-term hold (10+ yr) and light renovation budget should treat this as a shortlist candidate, not a default choice.
freehold / generational hold, cpf-only buyers and resort facilities should probably look elsewhere. Freehold tenure makes this a candidate for multi-generation transfer with no lease-decay drag.
Verdict
HERITAGE PLACE is a development in District 7 (RCR), with 21 units.
Explore the full HERITAGE PLACE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HERITAGE PLACE against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (80m away)
- Central Area — 4-room average $1,088,814 (340m away)
FAQ
What is the average PSF for HERITAGE PLACE?
Is HERITAGE PLACE freehold?
What is the rental yield for HERITAGE PLACE?
Which MRT is nearest to HERITAGE PLACE?
Sources & Next Steps
- HERITAGE PLACE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 7 (Middle Road, Golden Mile) — District 7 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: 0 transactions
- Rental data: 58 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.