District 15 · Marine Parade · RCR
Ola Residences
Mountbatten Road · Condominium · Freehold
Current PSF
$1,352
-22.7% vs district median
Gross yield
4.0%
median rent $4,450/mo
3-year gain
-13.3%
Transactions · 5y
11
2 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 437.476m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+96% premium
HDB median $690 psf
Area income
$13,500/mo median
residential zone
En-bloc potential42 / 100
· composite of plot use, age, tenure, value gap & size
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
20%
PSF dispersion within project
The neighbourhood
P1 ring
Tanjong Katong Primary School 253m · Phase 2C 1.6× balloted · Afterschool @ Tanjong Katong Primary School 253m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Tanjong Katong Secondary School · 654m
Food
Dunman Food Centre · 781m - 2 hawker centres within 1km
Green
Tanjong Katong Rd South Pg · 337m - 9 parks within 1km
Mall
Katong Shopping Centre · 323m
Health
Parkway East Hospital (hospital) · 1.7km
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%
Price trend average PSF by year
2021
$1,502
2022
$1,448
-3.6%
2023
$1,559
+7.7%
2024
$1,722
+10.5%
2025
$1,566
-9.1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,650/mo | $4.87 | 4.3% | 5 |
| 2BR | $4,300/mo | $4.53 | 4.0% | 21 |
| 3BR | $7,200/mo | $4.36 | 3.9% | 19 |
| 4BR | $10,500/mo | $5.38 | 4.8% | 6 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Sept 2025 | $4,750,000 | 3,240 | $1,466 | 01-05 |
| Aug 2025 | $4,000,000 | 3,229 | $1,239 | 01-05 |
| Apr 2025 | $4,310,000 | 2,164 | $1,992 | 01-05 |
| Dec 2024 | $4,408,888 | 2,874 | $1,534 | 01-05 |
| Jul 2024 | $2,960,000 | 1,550 | $1,910 | 01-05 |
| Jul 2023 | $2,248,000 | 1,442 | $1,559 | 01-05 |
| Jun 2022 | $1,060,000 | 732 | $1,448 | 01-05 |
| Dec 2021 | $3,300,000 | 1,927 | $1,713 | 01-05 |
| Nov 2021 | $1,450,000 | 1,001 | $1,448 | 01-05 |
| Oct 2021 | $2,700,000 | 1,636 | $1,650 | 01-05 |
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