HOA NAM BUILDING Review

Condo Review 4 min read Last reviewed
District 8 · Freehold
~$1,403Avg PSF (12-month)
36Total units
Category Ratings
Walkability
8.0
Investment
6.3
En-Bloc Potential
3.9
ShiokNest Score
6.1

Overview & Key Facts

HOA NAM BUILDING is a freehold condominium at FOCH ROAD in District 8 (RCR), developed by , comprising 36 units.

Developer
Tenure
Freehold
Total units
36
TOP year
District
8 — RCR
Street
FOCH ROAD

Location & Connectivity

HOA NAM BUILDING is approximately 340m from Bendemeer MRT station, with 11 stations within 1.5 km.

MRT stations near HOA NAM BUILDING
StationLineDistance
BendemeerDowntown Line340m
Farrer ParkNorth-East Line650m
LavenderEast-West Line690m
Boon KengNorth-East Line770m
Jalan BesarDowntown Line960m
KallangEast-West Line1.3 km

Schools & Education

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

Schools near HOA NAM BUILDING
SchoolTypeDistance
Farrer Park Primary SchoolPrimary420m
St. Andrew's Secondary SchoolSecondary600m
St. Andrew's Junior CollegeJc600m
St. Andrew's Junior SchoolPrimary650m
Hong Wen SchoolPrimary670m
Bendemeer Primary SchoolPrimary1.1 km
Bendemeer Secondary SchoolSecondary1.1 km
LASALLE College of the ArtsTertiary1.1 km

Market Position

HOA NAM BUILDING has recorded 4 sales at an average price of $1,220,000.

HOA NAM BUILDING sits at the 46th percentile of District 8 condo PSF.
$1,403 psf
Avg PSF (12mo)
$1,220,000
Avg Price
2.8%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for HOA NAM BUILDING
YearSalesAvg PSFYoY
20211$1,235 psf
20221$1,586 psf↑ 28.5%
20252$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

District 8 competitors
CondoTenureAvg PSFSales
PICCADILLY GRAND99 yrs lease commencing from 2021$2,171 psf431
CITYLIGHTS99 yrs lease commencing from 2004$1,773 psf137
CITY SQUARE RESIDENCESFreehold$1,897 psf116
STURDEE RESIDENCES99 yrs lease commencing from 2015$1,999 psf107
KERRISDALE99 yrs lease commencing from 1998$1,400 psf92

What Could Work Against You

  • Only 1 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 36 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

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?
The 12-month average is approximately $1,403 psf.
Is HOA NAM BUILDING freehold?
Yes, HOA NAM BUILDING is a freehold property.
What is the rental yield for HOA NAM BUILDING?
The estimated gross yield is 2.8%.
Which MRT is nearest to HOA NAM BUILDING?
The nearest is Bendemeer MRT at 340m.

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: 4 transactions
  • Rental data: 43 leases
  • Source: URA REALIS

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

Data as of October 2025

Latest recorded data point: Oct 2025 · 4 records analysed · Source: URA private-sale caveats

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