NESS Review

Condo Review 4 min read Last reviewed
District 14 · Freehold · Completed 2015
~$1,579Avg PSF (12-month)
62Total units
Category Ratings
Walkability
7.5
Investment
7.5
En-Bloc Potential
3.9
ShiokNest Score
6.5

Overview & Key Facts

NESS is a freehold condominium at LORONG 32 GEYLANG in District 14 (RCR), developed by PHOENIX LAND (SINGAPORE) PTE LTD, comprising 62 units, completed in 2015.

Developer
PHOENIX LAND (SINGAPORE) PTE LTD
Tenure
Freehold
Total units
62
TOP year
2015
District
14 — RCR
Street
LORONG 32 GEYLANG

Location & Connectivity

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

MRT stations near NESS
StationLineDistance
DakotaCircle Line520m
AljuniedEast-West Line600m
MountbattenCircle Line880m
Paya LebarEast-West Line900m
Paya LebarCircle Line900m
Tanjong KatongThomson-East Coast Line1.2 km

Schools & Education

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

Schools near NESS
SchoolTypeDistance
Geylang Methodist School (Primary)Primary90m
Geylang Methodist School (Secondary)Secondary100m
Kong Hwa SchoolPrimary460m
One World International School (Mountbatten)International610m
Haig Girls' SchoolPrimary1 km
Tanjong Katong Primary SchoolPrimary1.4 km
Tao Nan SchoolPrimary1.4 km
Macpherson Primary SchoolPrimary1.5 km

Unit Mix & Pricing

Unit mix for NESS
TypeSalesAvg PSFAvg Price
Studio18$1,473 psf$642,772
1 BR6$1,334 psf$752,833
3 BR1$1,062 psf$1,120,000

Market Position

NESS has recorded 25 sales at an average price of $688,276.

NESS sits at the 59th percentile of District 14 condo PSF.
$1,579 psf
Avg PSF (12mo)
$688,276
Avg Price
4.4%
Gross Yield
25
Total Sales

Price Appreciation

PSF trend for NESS
YearSalesAvg PSFYoY
20216$1,362 psf
20229$1,351 psf↓ 0.8%
20238$1,536 psf↑ 13.7%
20241$1,394 psf↓ 9.3%
20251$1,579 psf↑ 13.3%

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The latest reading marks the highest point in this series — NESS prices have climbed 16.0% since 2021.

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

  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 62-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 young couples (no kids), car-owning households, freehold / generational hold and boutique low-density (<100 units). The unit profile suits DINK couples valuing CBD/MRT access over square footage.

It is a weaker fit for yield-focused investors, long-term hold (10+ yr) and resort facilities — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

NESS is a freehold development in District 14 (RCR), with 62 units, offering a gross yield of 4.4%.

At ~$1,579 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full NESS dashboard for interactive analytics.

HDB Alternatives Nearby

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

FAQ

What is the average PSF for NESS?
The 12-month average is approximately $1,579 psf.
Is NESS freehold?
Yes, NESS is a freehold property.
What is the rental yield for NESS?
The estimated gross yield is 4.4%.
Which MRT is nearest to NESS?
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: 25 transactions
  • Rental data: 133 leases
  • Source: URA REALIS

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

Data as of July 2025

Latest recorded data point: Jul 2025 · 25 records analysed · Source: URA private-sale caveats

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