RPS · Resale Project Scorecard
Penang Service Apartment — Grade B
RPS score 5.54/10 · D14 · Eunos, Geylang, Paya Lebar · 20 units · scored across 7 weighted factors — methodology published.
FH · Unknown · TOP 1994
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: project size, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 3/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 1/10
Avg Ann. of +0.00% — below-median performance vs same-vintage peers (25th percentile of 1994-era cohort).
2 primary schools within 1km (nearest: KONG HWA SCHOOL at 0.28km). Exceptional school catchment — strong appeal for families with young children.
20 units — very small project; niche product with thin resale market.
0.56km from Dakota Mrt Stn (CC8) — short walk to MRT, good transport convenience.
Rental yield of 3.18% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Paya Lebar Air Base redevelopment at 3.21km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: KONG HWA School, Geylang Methodist School (Primary).
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RPSResale Project Scorecard
Scored either side of Penang Service Apartment in Eunos, Geylang, Paya Lebar
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.