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District 15 · Marine Parade · RCR

Grand Dunman

Dunman Road · Apartment · 99 yrs lease commencing from 2022

Current PSF
$2,480
+41.8% vs district median
Gross yield
-
3-year gain
-2.4%
Transactions · 5y
913
91 in last 12 months
Nearest MRT
Dakota Mrt Station · 211.548m
CCL
Future MRT
Defu Mrt Station
CRL · 2030
Vs local HDB
+259% premium
HDB median $690 psf
Area income
$13,500/mo median
residential zone
En-bloc potential21 / 100
4 years old · composite of plot use, age, tenure, value gap & size
Lease decay95 years left
worth 95.6%of freehold today (Bala’s Table) · loses ~2.7pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
6%
PSF dispersion within project
3D →
Dunman Road, District 15 · 1 km P1 ring · mrt · school · food · park · mall · health · zones: parks, commercial, reserve - hover
The neighbourhood
P1 ring
Kong Hwa School 408m · Phase 2C 2.4× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Broadrick Secondary School · 398m
Food
Old Airport Road Blk 51 (51 Old Airport Road Food Centre And Shopping Mall) · 511m - 4 hawker centres within 1km
Green
Green Lane Park · 385m - 7 parks within 1km
Mall
51 Old Airport Road Food Centre And Shopping Mall · 511m
Health
National Healthcare Group Polyclinics (Geylang Polyclinic) (polyclinic) · 1.3km

Who lives in Marine Parade

Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg

Residents
46,220
Median age
45 yrs
42% under 40 · getting older
Children 0–9
4,310
▼ 12% since 2015 · future P1 demand
Household size
3.2 avg
Homes
42% HDB
37% condo · 20% landed
Degree holders
48%
residents 15+
Commute
43% transit
37% drive
45 min+ to work
16%

The launch, by the record

developer sales + new-sale caveats · URA - the numbers a brochure won’t print

Sold to date
912 / 1008
90% taken up · 26 '06
Median price
$2k
$2k$3k band
Unit sizes sold
958 sqft
4523068 sqft range
Still available
96
units unsold
Take-up over time · cumulative units sold
1008024 '0724 '1125 '0325 '0725 '1126 '0326 '06
What actually sold · by strata size (sqft)
452888
296
8881324
264
13241760
115
17602196
51
21962632
4
26323068
1

Strata areas here follow the post-June-2023 GFA harmonisation (AC ledges, void spaces excluded), so this project’s PSF runs a few percent “higher” against older stock measured the old way. A like-for-like PSF comparison to pre-2023 resales isn’t apples-to-apples.

What the record shows

The early buyer’s position

Buyers who bought from the developer in 2023 paid an average of $2,521 psf (433 sales). At today’s $2,480 psf, they are down 2% on paper.

The floor premium

Over the last 3 years, units on the 10th floor and above transacted at a median $2,553 psf - 1% above units on floors 1–5 ($2,522 psf).

Price trend average PSF by year

2023
$2,521
2024
$2,580
+2.3%
2025
$2,511
-2.7%
2026
$2,469
-1.7%

Recent transactions URA, latest 10

DatePriceArea (sqft)PSFFloor
Jul 2026$7,150,0003,068$2,33116-20
Jul 2026$1,421,000549$2,58911-15
Jun 2026$4,604,0001,787$2,57716-20
Jun 2026$2,582,0001,044$2,47301-05
Jun 2026$2,046,000893$2,29016-20
May 2026$6,020,0002,616$2,30216-20
May 2026$5,168,0002,131$2,42501-05
May 2026$4,585,0001,787$2,56611-15
Apr 2026$5,616,0002,497$2,24916-20
Apr 2026$5,180,0002,131$2,43001-05
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More in District 15

The HDB blocks next door

The entry point, measured: what the resale flats around Grand Dunman actually sell for - this project trades at 3.3× the nearest block’s PSF.

Data: URA private residential transactions & rentals (5-year window, updated weekly), data.gov.sg, OneMap, LTA DataMall. PSF and yield figures are computed from actual transactions and rental contracts - not estimates.
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Data: URA, HDB & SingStat (via data.gov.sg), OneMap © SLA, LTA DataMall, MOE - used under the Singapore Open Data Licence.