RPS · Resale Project Scorecard
Hong Building — Grade B
RPS score 6.25/10 · D08 · Farrer Park, Little India · 12 units · scored across 7 weighted factors — methodology published.
FH · Unknown · TOP 1981
Solid, middle-of-the-pack project. Standout strengths: schools, tenure. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 10/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +0.00% — but from only 1 resale sale in the last 10 years, too thin a sample to read capital appreciation reliably, so the score is discounted toward the cohort average.
3 primary schools within 1km (nearest: FARRER PARK PRIMARY SCHOOL at 0.64km). Exceptional school catchment — strong appeal for families with young children.
12 units — very small project; niche product with thin resale market.
0.63km from Farrer Park Mrt Stn (NE8) — short walk to MRT, good transport convenience.
Rental yield of 3.12% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.74km, far enough that the impact on this project is modest.
Primary schools within 1km: Farrer PARK Primary School, HONG WEN School, ST. Joseph's Institution Junior.
RPSResale Project Scorecard
Scored either side of Hong Building in Farrer Park, Little India
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.