Commercial Directory · Office · District 8
Hoa Nam Building
8 sales from Dec 2021 to Apr 2025, at a median $2,148 psf (Dec 2021 to Apr 2025).
District 8 At a glance
- Median psf, all sales
- $2,148
- Sales since Dec 2021
- 8
- Latest sale, Apr 2025
- $2,534 psf
- Tenure
- Freehold
2 of 2 sellers with a known purchase price sold for more than they paid; the median made 4.7% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2021(part year) | 1 | $2,052 |
| 2022 | 2 | $2,194 |
| 2023 | 3 | $2,090 |
| 2024 | 1 | $2,212 |
| 2025 | 1 | $2,534 |
A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.
8 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|
| 7 Apr 2025 | Office | 3 | 237 | $600,000 | $2,534 | Resale | Jul 2016, $500k | $100k | 2.1% |
| 9 Sept 2024 | Office | 3 | 172 | $381,000 | $2,212 | Resale | – | – | – |
| 26 Jul 2023 | Office | 5 | 344 | $760,000 | $2,206 | Resale | – | – | – |
| 24 Jul 2023 | Office | 5 | 344 | $720,000 | $2,090 | Resale | – | – | – |
| 27 Feb 2023 | Office | 6 | 291 | $600,000 | $2,064 | Resale | – | – | – |
| 22 Sept 2022 | Office | 2 | 463 | $920,000 | $1,988 | Resale | – | – | – |
| 21 Sept 2022 | Office | 3 | 258 | $620,000 | $2,400 | Resale | May 2007, $210k | $410k | 7.3% |
| 28 Dec 2021 | Office | 2 | 721 | $1,480,000 | $2,052 | Resale | – | – | – |
URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.
Hoa Nam Building Questions
How much does a unit at Hoa Nam Building cost?
8 unit sales at Hoa Nam Building from Dec 2021 to Apr 2025 went for $1,988 to $2,534 psf, a median $2,148 psf on units of 172 to 721 sq ft. The latest, in Apr 2025, was $600,000 for 237 sq ft ($2,534 psf).
Did sellers at Hoa Nam Building make money?
2 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $255k, 4.7% a year, before stamp duty, GST, fees and the rent collected while they held it.
What kind of property is Hoa Nam Building?
The sales here are office units in District 8 (Rest of Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.
Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.
District 8 Nearby buildings
- Desker Road Conservation Area$5,535 psf
- ARC 380$2,999 psf
- Sim Lim Tower$1,941 psf
- Centrium Square$2,549 psf
- Jalan Besar Plaza$2,455 psf
- New World Centre$1,196 psf
- 28 RC Suites$6,746 psf
- Connexion$5,372 psf