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DELIGHT COURT

Lorong 33 Geylang · D14 Geylang
ApartmentFreehold
median $psf
$3.74
median rent · psf/mo
~4.4%
gross rental yield
4
highest floor
21
total units
1991
TOP / completion
Median rent from 2 URA rental contracts (last 12 mo).
67
/ 100
HomeVestor Investor Score
Best for: Rental yield + Family demand
Watch out for: Small project, Thin transactions, Limited rental data
Data confidence: Low · overall risk: Moderate
Yield97
Cashflow
Liquidity0
Growth76
Family94
How is this worked out? — this project’s 4 sub-scores, from its own data
Each sub-score is 0–100 (higher = better), built from this project’s actual figures — here are the exact drivers behind each one.
Capital growth · 76
Nearest growth node: Kallang Alive / Kampong Bugis — ~2.2 km away (under construction) → 85 · Nearest MRT ~524 m (Paya Lebar) → 68 · Price momentum — too few recent sales to score  =  average
Rental yield · 97
Gross rental yield 4.4% on a 2.0–4.5% band → 97
Exit liquidity · 0
21 units → 0 · 1 sales in 12 mo → 0 · 2 rental contracts → 0  =  average
Family demand · 94
Oversubscribed school within 1 km (Kong Hwa School, 2.4× demand) → 94
Overall · 67
The average of the 4 sub-scores above.
Risk flags
Small project — 21 units, thinner resale & rental liquidity · Thin transactions — 1 sales in 12 months, so the price signal is noisy · Limited rental data — 2 rental contracts, so the yield estimate is soft
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

Delight Court is a freehold project in D14 Geylang with 4.4% gross yield, thin liquidity and strong school demand (Kong Hwa School within 1 km). It sits ~2.2 km from the Kallang Alive / Kampong Bugis growth node (under construction).

Best suited for
  • Rental yield buyers
  • Family demand buyers
Less suited for
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.
  • Verify the school 1 km boundary & current MOE rules — priority is not a guarantee.

Investment report

A plain-language read on Delight Court — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Why this may work
  • In the Kallang Alive / Kampong Bugis URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
  • Above-average ~4.4% gross yield for its segment.
  • Oversubscribed primary school (Kong Hwa School) within 1 km — a durable family-demand anchor.
  • Freehold — no lease decay, so strong long-horizon holding power.
Why this may fail / what to watch
  • Thin liquidity (1 sale/12 mo · 21-unit project) — a slower, choppier exit and a softer price signal.
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

Recent project median $psfexcludes ground & top-floor units$1,016 psf
Nearby projectsmedian $psf of projects within ~2.0 km$1,502 psf
Rental-yield-supportedrent $psf × 12 ÷ 3.4% target gross yield$1,320 psf
HomeVestor fair range$1,116–$1,449 psf
≈ $738,792–$959,238 for a ~662 sqft unit

See the D14 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.4% target gross yield for a RCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.

Buy · Watch · Avoid

Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.

BUY — below fair
WATCH — around fair
AVOID — above fair
Watch zoneCurrent median $1,016 psf is around fair value — whether it’s a good buy comes down to the specific unit and price.
Compares project medians to a computed fair range — individual units vary. For educational purposes only — not financial advice.

Long-run trend — project vs. market

Indexed to 100 at 2021 · 2021–2025

Long-run line = URA Private Residential Property Price Index (indexed market trend, not unit prices). Markers = actual transactions, past 5 years. Source: URA via data.gov.sg, SODL v1.0.

Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Popular schools nearby

Proximity to an oversubscribed primary school is a major driver of family demand. Being within 1 km gives the top P1 balloting priority; 1–2 km is next.

Within 1 km — highest P1 priority

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Paya Lebar MRT Station · ~524 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameDELIGHT COURT
Street NameLorong 33 Geylang
Property TypeApartment
TenureFreehold
District / Planning AreaD14 / Geylang
Completion1991
Number of units21 units
Highest floor in the project4
DeveloperFirst Changi Development Pte Ltd
Land Area (sqm)
Master Plan Plot Ratio2.8

All transactions (2)

Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.

e.g. 20-07 · 20- = storey 20 · -07 = stack 07
both optional
Date Address Size
(sqft)
$psf Price
Show

Rental transactions (17)

Individual private-residential lease contracts, newest first — official URA Data Service. Size is URA’s banded floor area (sqft); the unit number and floor are not disclosed. Click any column heading to sort.

6-month rolling median $psf/month · from individual URA rental contracts

URA records the size band & bedroom count, not the unit number.
Lease date Size
(sqft)
Beds Monthly rent $psf/mo
Show
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