Overview & Key Facts
HONG BUILDING is a freehold condominium at RANGOON ROAD in District 8 (RCR), developed by .
Location & Connectivity
HONG BUILDING is approximately 610m from Farrer Park MRT station, with 7 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Farrer Park | North-East Line | 610m |
| Boon Keng | North-East Line | 1 km |
| Novena | North-South Line | 1 km |
| Bendemeer | Downtown Line | 1.2 km |
| Little India | North-East Line | 1.3 km |
| Little India | Downtown Line | 1.3 km |
Schools & Education
19 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 450m |
| Farrer Park Primary School | Primary | 620m |
| St. Margaret's Secondary School | Secondary | 1.1 km |
| St. Margaret's Primary School | Primary | 1.2 km |
| Bendemeer Primary School | Primary | 1.2 km |
| Bendemeer Secondary School | Secondary | 1.3 km |
| LASALLE College of the Arts | Tertiary | 1.3 km |
| Hong Wen School | Primary | 1.4 km |
Market Position
HONG BUILDING has recorded 1 sales at an average price of $1,422,850.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | $2,171 psf | 431 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | $1,773 psf | 137 |
| 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
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
Best suited for
Who This Actually Suits
The profile fits car-owning households, yield-focused investors, long-term hold (10+ yr) and freehold / generational hold best. At ~607m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
For empty nesters / downsizers, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) should probably look elsewhere. Recent vintage for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
HONG BUILDING is a freehold development in District 8 (RCR), offering a gross yield of 3.3%.
Explore the full HONG BUILDING dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HONG BUILDING against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (160m away), an upgrader gap of about $550,000
- Central Area — 4-room average $1,088,814 (940m away), an upgrader gap of about $350,000
- Toa Payoh — 4-room average $929,793 (1.4 km away), an upgrader gap of about $500,000
FAQ
What is the average PSF for HONG BUILDING?
Is HONG BUILDING freehold?
What is the rental yield for HONG BUILDING?
Which MRT is nearest to HONG BUILDING?
Sources & Next Steps
- HONG BUILDING Dashboard — Live charts and analytics
- URA REALIS — 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: 1 transactions
- Rental data: 20 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2022 · 1 records analysed · Source: URA private-sale caveats