Ivory

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  0
 2
 0

Sale Price *

Average
S$ 1,325 psf
Range
S$ 1,074 - 1,630 psf

Rental Price **

Average
S$ 4.1 psf pm
Range
S$ 2.5 - 5.2 psf pm

Rental Yield **

3.7%

Rental income expressed as a percentage of the property's value.

Amenities

3.0
3.0

Convenience

3.7
3.7

Connectivity

Details

Developer

:

HUME DEVELOPMENT PTE LTD

Est. Land Size (sqm)

:

1,117

Master Plan GFA (sqm)

:

1,564

Master Plan Plot Ratio

:

1.40

Project Name

:

IVORY

Street Name

:

Ceylon Lane

Postal Code

:

423468... Show more

Property Type

:

Apartment

Tenure

:

Freehold

District/Planning Area

:

D15 / Geylang

Region

:

RCR

Completion

:

2009

Number of Units

:

20 units

Indicative Price Range / Average*

:

S$ 1,074 - S$ 1,630 psf / S$ 1,325 psf

Indicative Rental Range / Average**

:

S$ 2.5 - S$ 5.2 psf pm / S$ 4.1 psf pm

Implied Rental Yield**

:

3.7%

Historical High

:

S$ 1,630 psf in Nov 2024 for a 657-sqft unit

Indicative Average Price from Historical High

:

-18.7%

Historical Low

:

S$ 533 psf in Mar 2009 for a 1,744-sqft unit

Buyer Profile by Residential Status

:

Singaporean 85.4%, PR 10.4%, Foreigner 4.2%, Company 0.0%

Buyer Profile by Purchaser Address

:

HDB 47.9%, Private 52.1%

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
3 Facilities Available
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Swimming pool
Swimming pool
Description
Ivory is a freehold apartment completed in 2009. It is developed by HUME DEVELOPMENT PTE LTD. The development occupies a land area of 1,117 sqm and a Gross Floor Area of 1,564 sqm. It consists of 20 units. According to records, buyers of this development are Singaporean 85.4%, PR 10.4%, Foreigner 4.2%, Company 0.0%.

IVORY is located along Ceylon Lane in Geylang, in District 15. It is accessible through the nearest MRTs including Eunos EW7 and Marine Parade TE26.

Based on transaction data in the last 12 months, sale prices range from S$ 1,074 psf to S$ 1,630 psf at an average of S$ 1,325 psf. Its highest recorded transaction was S$ 1,630 psf in Nov 2024 for a 657-sqft unit. Its lowest recorded transaction was S$ 533 psf in Mar 2009 for a 1,744-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 3 Grocerie(s): THE FOODSPREE PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): Joo Chiat Complex, Katong Point, KINEX.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
Live Here? Tell us more
Write a review
5
"Desperately needed a gown at the very last moment for my ROM and my friend brought me here. It was my first time trying out gowns and Jin Yuan was so patient!! She brought out different types of gowns for me to try (so that we could find the style that suits my body type). With her experience, she took charge and knew what looked nice and what did not. I really appreciated that because I am super clueless so she made the whole experience feel comfortable and easy! They also altered the gown really quickly to fit my timeline and we are super grateful for this. Thank you Ivory Bridal!!!"
D W
Google Review     |   18 Jul 2022
5
"Rented my dream wedding gown (Nicole+FelicianCouture) and the Ivory team was impeccable with their services! From styling to fitting, all was done smoothly!"
S****** L***
Google Review     |   07 Jul 2022
5
"Beautiful wedding Dresses and great service ! I found a dress I loved one week before my wedding!!! They are awesome!"
L*** C***
Google Review     |   29 Jun 2022
5
"A good experience with Ivory! They have a wide selection of gorgeous gowns and it's hard not to find something you like here. I've rented 2 gowns and received many compliments from friends and families. Their new boutique is beautiful and makes the fitting experience extra enjoyable. Thank you, Jin yuan & team!"
M******** T**
Google Review     |   13 Mar 2022
5
"Im so glad to have found the perfect gown from The Ivory after visiting so many bridal shops. Christine was god sent, she was the most patient in helping me to choose what is best suited for me and provided me her honest opinions on what looks best while at the same time, having to put up with my fickle mindedness. Thank you so much for picking out the one for me, Christine! The entire selection at The Ivory was so beautiful and I highly recommend BTBs to visit them before deciding on your gowns!"
S****** C***
Google Review     |   18 Feb 2022
Live Here? Tell us more
Write a review
Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
15
2
1

IVORY - 15 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Graph Data

Estimated Unit Size Distribution

Bar chart with 6 bars.
.Source: URA, https://www.edgeprop.sg
The chart has 1 X axis displaying categories.
The chart has 2 Y axes displaying Estimated Units and values.
End of interactive chart.

Table Data

Unit Size (sqft)Estimated UnitsPercentage of Total
600 to 800630.0
801 to 1,000315.0
1,001 to 1,200735.0
1,201 to 1,40015.0
1,601 to 1,80015.0
1,801 to 2,000210.0
Unit Mix
Bedroom Type
1BR
Area
624 - 657 sqft
No. of Units
6
Bedroom Type
2BR
Area
872 - 1,238 sqft
No. of Units
5
Bedroom Type
3BR
Area
1,012 - 1,981 sqft
No. of Units
8
Bedroom Type
4BR
Area
1,862 - 1,862 sqft
No. of Units
1

Sales Transaction of IVORY

Unit Search
#
You can see and search by unit number for sale transactions if you are a Pro User.  Click to learn more.

Date
Area (sqft)
Bedrooms
Price (S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source
7 NOV 2024
657
1
1,630
1,070,000
Resale

15 Ceylon Lane #02-XX

StrataHDB
URA
29 APR 2024
1,862
4
1,074
2,000,000
Resale

15 Ceylon Lane #05-XX

StrataPrivate
URA
27 MAR 2024
1,744
3
1,272
2,218,000
Resale

15 Ceylon Lane #05-XX

StrataPrivate
URA
15 MAY 2023
657
1
1,454
955,000
Resale

15 Ceylon Lane #04-XX

StrataPrivate
URA
14 MAY 2023
1,152
2
1,268
1,460,000
Resale

15 Ceylon Lane #05-XX

StrataPrivate
URA
29 JAN 2023
872
2
1,340
1,168,000
Resale

15 Ceylon Lane #02-XX

StrataPrivate
URA
28 JUL 2022
1,238
2
1,115
1,380,000
Resale

15 Ceylon Lane #05-XX

StrataPrivate
URA
13 MAR 2022
1,012
3
1,334
1,350,000
Resale

15 Ceylon Lane #02-XX

StrataPrivate
URA
21 APR 2021
657
1
1,295
850,000
Resale

15 Ceylon Lane #02-XX

StrataHDB
URA
4 APR 2021
1,044
3
1,178
1,230,000
Resale

15 Ceylon Lane #04-XX

StrataPrivate
URA

Asking Price of IVORY

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
-
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Chart title

Empty chart
End of interactive chart.

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Chart title

Empty chart
End of interactive chart.

Price Trends

Volume Trends

No data
Rental Transactions of IVORY

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source
31 OCT 2024
600-700
3,100
1
4.77CEYLON LANECondominium
URA
31 AUG 2024
1,000-1,100
3,900
3
3.71CEYLON LANENon-landed Properties
URA
30 JUN 2024
1,700-1,800
4,400
3
2.51CEYLON LANENon-landed Properties
URA
31 DEC 2023
800-900
4,400
2
5.18CEYLON LANENon-landed Properties
URA
31 DEC 2023
600-700
2,800
1
4.31CEYLON LANENon-landed Properties
URA
31 OCT 2023
1,700-1,800
4,000
3
2.29CEYLON LANENon-landed Properties
URA
31 JUL 2023
1,000-1,100
5,300
3
5.05CEYLON LANENon-landed Properties
URA
30 APR 2023
1,700 to 1,800
4,000
3
2.29CEYLON LANENon-landed Properties
URA
31 DEC 2022
600 to 700
2,600
1
4.00CEYLON LANENon-landed Properties
URA
31 AUG 2022
1,000 to 1,100
3,800
3
3.62CEYLON LANENon-landed Properties
URA

Rental Trends

Rental Trends

Scatter chart with 3 data series.
.Source: URA, https://www.edgeprop.sg
The chart has 1 X axis displaying Time. Data ranges from 2012-02-01 00:00:00 to 2024-11-01 00:00:00.
The chart has 2 Y axes displaying Monthly Rent (S$) and Monthly Rent (S$).
End of interactive chart.
Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
-
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

IVORY

Freehold200901,0741,3251,6302.514.105.183.7 %

A

JC RESIDENCE

Freehold20071391,5101,5101,5102.963.884.803.1 %

B

LEGENDA AT JOO CHIAT

99 Yrs From 04/06/200120041841,1041,3411,4713.283.874.403.5 %

C

ATLASSIA

Freehold20242222,1882,2242,238----

D

CRANE COURT

Freehold20042631,4661,4661,4663.313.714.113.0 %

E

THE CARPMAELINA

Freehold20052981,7031,7031,7032.923.864.352.7 %

F

EVERITT EDGE

Freehold20153011,5931,6681,7424.005.917.434.3 %

G

HAIG TEN

Freehold20023281,7091,7491,789----

H

THE SERENNO

Freehold20163291,7241,7241,7243.815.486.563.8 %

I

HAIG ELEVEN

Freehold20053401,6641,6981,7314.654.674.693.3 %

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
Sold & Awarded on JAN 2022
Jalan Tembusu (Now known as Tembusu Grand)
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
19,560
Site GFA (sqm)
54,768
Highest Bid ($M)
768.0
Highest Bid ($PSF)
1,302
Number of Bids
8
Land ($M)
768
Construction ($M)
229.9
Land Financing ($M)
67.2
Profesional / Legal / Taxes ($M)
119.7
Marketing / Others ($M)
71.1
Estimated Total Cost ($M)
1,256.0
Estimated Breakeven ($psf ppr)
2,130
Sold & Awarded on JAN 2022
Jalan Tembusu (Now known as Tembusu Grand)
Site Use
Residential
Tenure
99
Plot Ratio
2.8
Site Area (sqm)
19,560
Site GFA (sqm)
54,768
Highest Bid ($M)
768.0
Highest Bid ($PSF)
1,302
Number of Bids
8
Land ($M)
768
Construction ($M)
229.9
Land Financing ($M)
67.2
Profesional / Legal / Taxes ($M)
119.7
Marketing / Others ($M)
71.1
Estimated Total Cost ($M)
1,256.0
Estimated Breakeven ($psf ppr)
2,130
Sold & Awarded on APR 2022
173 - 183 Haig Road (Now known as Ardor Residence)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
2,545
Site GFA (sqm)
3,562
Highest Bid ($M)
49.3
Highest Bid ($PSF)
1,286
Number of Bids
-
Land ($M)
49.3
Construction ($M)
15
Land Financing ($M)
4.3
Profesional / Legal / Taxes ($M)
7.7
Marketing / Others ($M)
4.6
Estimated Total Cost ($M)
80.9
Estimated Breakeven ($psf ppr)
2,109
Sold & Awarded on JUN 2022
89 Koon Seng Road (Now known as Koon Seng House)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,240
Site GFA (sqm)
1,736
Highest Bid ($M)
19.9
Highest Bid ($PSF)
1,063
Number of Bids
-
Land ($M)
19.9
Construction ($M)
7.3
Land Financing ($M)
3.1
Profesional / Legal / Taxes ($M)
3.3
Marketing / Others ($M)
2
Estimated Total Cost ($M)
35.6
Estimated Breakeven ($psf ppr)
1,903
Sold & Awarded on JUN 2022
89 Koon Seng Road (Now known as Koon Seng House)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,240
Site GFA (sqm)
1,736
Highest Bid ($M)
19.9
Highest Bid ($PSF)
1,063
Number of Bids
-
Land ($M)
19.9
Construction ($M)
7.3
Land Financing ($M)
3.1
Profesional / Legal / Taxes ($M)
3.3
Marketing / Others ($M)
2
Estimated Total Cost ($M)
35.6
Estimated Breakeven ($psf ppr)
1,903
Sold & Awarded on JUL 2023
Jalan Tembusu
Site Use
Residential
Tenure
99
Plot Ratio
3.5
Site Area (sqm)
20,572
Site GFA (sqm)
72,003
Highest Bid ($M)
828.8
Highest Bid ($PSF)
1,069
Number of Bids
2
Land ($M)
828.8
Construction ($M)
302.3
Land Financing ($M)
130.5
Profesional / Legal / Taxes ($M)
135.7
Marketing / Others ($M)
83.8
Estimated Total Cost ($M)
1,481.2
Estimated Breakeven ($psf ppr)
1,911
Not Awarded on APR 2023
Rose Lane
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,120
Site GFA (sqm)
1,568
Highest Bid ($M)
23.0
Highest Bid ($PSF)
1,375
Number of Bids
-
Land ($M)
23
Construction ($M)
6.6
Land Financing ($M)
3.6
Profesional / Legal / Taxes ($M)
3.5
Marketing / Others ($M)
2.2
Estimated Total Cost ($M)
39.0
Estimated Breakeven ($psf ppr)
2,309
Not Awarded on MAY 2023
52 to 62H Tanjong Katong Road
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
3,010
Site GFA (sqm)
4,214
Highest Bid ($M)
63.5
Highest Bid ($PSF)
1,375
Number of Bids
-
Land ($M)
63.5
Construction ($M)
17.7
Land Financing ($M)
10
Profesional / Legal / Taxes ($M)
9.7
Marketing / Others ($M)
6.1
Estimated Total Cost ($M)
107.0
Estimated Breakeven ($psf ppr)
2,360
Not Awarded on JUN 2023
81 Koon Seng Road
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
1,298
Site GFA (sqm)
1,945
Highest Bid ($M)
23.0
Highest Bid ($PSF)
1,158
Number of Bids
-
Land ($M)
23
Construction ($M)
8.2
Land Financing ($M)
3.6
Profesional / Legal / Taxes ($M)
3.7
Marketing / Others ($M)
2.3
Estimated Total Cost ($M)
40.8
Estimated Breakeven ($psf ppr)
1,951

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