THE CENTREN Review

Condo Review 5 min read Last reviewed
District 14 · Freehold · Completed 2017
~$1,612Avg PSF (12-month)
34Total units
Category Ratings
Walkability
9.0
Investment
6.7
En-Bloc Potential
3.9
ShiokNest Score
6.2

Overview & Key Facts

THE CENTREN is a freehold condominium at LORONG 27 GEYLANG in District 14 (RCR), developed by PINNACLE DEVELOPMENT (L27) PTE. LTD, comprising 34 units, completed in 2017.

Developer
PINNACLE DEVELOPMENT (L27) PTE. LTD
Tenure
Freehold
Total units
34
TOP year
2017
District
14 — RCR
Street
LORONG 27 GEYLANG

Location & Connectivity

THE CENTREN is approximately 300m from Aljunied MRT station, with 7 stations within 1.5 km.

MRT stations near THE CENTREN
StationLineDistance
AljuniedEast-West Line300m
DakotaCircle Line830m
MountbattenCircle Line890m
Paya LebarEast-West Line1.1 km
Paya LebarCircle Line1.1 km
KallangEast-West Line1.4 km

Schools & Education

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

Schools near THE CENTREN
SchoolTypeDistance
Geylang Methodist School (Primary)Primary310m
Geylang Methodist School (Secondary)Secondary480m
One World International School (Mountbatten)International560m
Kong Hwa SchoolPrimary750m
Haig Girls' SchoolPrimary1.4 km
Macpherson Primary SchoolPrimary1.4 km
Tanjong Katong Primary SchoolPrimary1.7 km
Paya Lebar Methodist Girls' SchoolSecondary1.8 km

Unit Mix & Pricing

Unit mix for THE CENTREN
TypeSalesAvg PSFAvg Price
1 BR2$1,629 psf$894,000
2 BR1$1,750 psf$1,300,000
3 BR3$1,283 psf$1,303,333

Market Position

THE CENTREN has recorded 6 sales at an average price of $1,166,333.

THE CENTREN sits at the 68th percentile of District 14 condo PSF.
$1,612 psf
Avg PSF (12mo)
$1,166,333
Avg Price
3.4%
Gross Yield
6
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at THE CENTREN typically rent harder per dollar of purchase price:

Per-bedroom gross yield at THE CENTREN
TypeAvg RentAvg PriceGross Yield
2 BR$2,963/mo$1,300,0002.74%
3 BR$3,940/mo$1,303,3333.63%

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Price Appreciation

PSF trend for THE CENTREN
YearSalesAvg PSFYoY
20222$1,201 psf
20241$1,618 psf↑ 34.7%
20252$1,695 psf↑ 4.8%
20261$1,447 psf↓ 14.6%

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From the 2025 high, THE CENTREN prices have given back 14.6% — still 20.5% above the 2022 baseline.

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 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 34-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits mrt-walkable commuters, cbd walking distance, hawker / food enthusiasts and yield-focused investors best. Located ~297m from Aljunied MRT, this property is a comfortable daily walk for transit commuters.

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

en-bloc speculators should probably look elsewhere. Older site profile in an en-bloc-active cluster — speculative upside if collective sale activates.

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


Verdict

THE CENTREN is a freehold development in District 14 (RCR), with 34 units, offering a gross yield of 3.4%.

At ~$1,612 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full THE CENTREN dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Geylang — 4-room average $761,443 (350m away), an upgrader gap of about $400,000
  • Kallang/whampoa — 4-room average $882,887 (1 km away), an upgrader gap of about $300,000

FAQ

What is the average PSF for THE CENTREN?
The 12-month average is approximately $1,612 psf.
Is THE CENTREN freehold?
Yes, THE CENTREN is a freehold property.
What is the rental yield for THE CENTREN?
The estimated gross yield is 3.4%.
Which MRT is nearest to THE CENTREN?
The nearest is Aljunied MRT at 300m.

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: 6 transactions
  • Rental data: 68 leases
  • Source: URA REALIS

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

Data as of February 2026

Latest recorded data point: Feb 2026 · 6 records analysed · Source: URA private-sale caveats

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