District 15 · Marine Parade · RCR
Spring @ Katong
Ceylon Road · Apartment · Freehold
Current PSF
$2,144
+22.6% vs district median
Gross yield
2.8%
median rent $5,300/mo
3-year gain
18.1%
Transactions · 5y
9
1 in last 12 months
Nearest MRT
Marine Parade Mrt Station · 566.644m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+211% premium
HDB median $690 psf
Area income
$13,500/mo median
residential zone
En-bloc potential31 / 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
8%
PSF dispersion within project
The neighbourhood
P1 ring
Tanjong Katong Primary School 355m · Phase 2C 1.6× balloted · Afterschool @ Tanjong Katong Primary School 355m · Haig Girls' School 676m · Phase 2C 0.8× · Chij (Katong) Primary 896m · Phase 2C 0.7× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Tanjong Katong Secondary School · 726m
Food
Dunman Food Centre · 420m - 2 hawker centres within 1km
Green
Marine Parade Rd Pk · 406m - 9 parks within 1km
Mall
The Flow Mall · 187m
Health
Parkway East Hospital (hospital) · 1.2km
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
2022
$1,639
2023
$1,815
+10.7%
2024
$1,936
+6.7%
2025
$1,973
+1.9%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $4,400/mo | $4.19 | 2.3% | 31 |
| 3BR | $5,500/mo | $3.55 | 2.0% | 12 |
Recent transactions URA, latest 9
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Sept 2025 | $2,400,000 | 1,119 | $2,144 | 01-05 |
| Jul 2025 | $2,900,000 | 1,550 | $1,871 | 01-05 |
| Apr 2025 | $2,088,888 | 1,098 | $1,903 | 01-05 |
| May 2024 | $2,250,000 | 1,055 | $2,133 | 01-05 |
| Jan 2024 | $2,920,000 | 1,679 | $1,739 | 01-05 |
| Jun 2023 | $2,320,000 | 1,249 | $1,858 | 01-05 |
| Mar 2023 | $1,850,000 | 1,044 | $1,772 | 01-05 |
| Nov 2022 | $1,800,000 | 1,023 | $1,760 | 01-05 |
| Jul 2022 | $1,650,000 | 1,087 | $1,518 | 01-05 |
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More in District 15
The HDB blocks next door
The entry point, measured: what the resale flats around Spring @ Katong actually sell for - this project trades at 2.8× the nearest block’s PSF.