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District 15 · Marine Parade · RCR

Tembusu Grand

Jalan Tembusu · Condominium · 99 yrs lease commencing from 2022

Current PSF
$2,540
+45.3% vs district median
Gross yield
3.0%
median rent $4,800/mo
3-year gain
9.1%
Transactions · 5y
645
44 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 685.174m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+268% 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
6.0%
flip ratio, last 24 months
Price spread
6%
PSF dispersion within project
3D →
Jalan Tembusu, District 15 · 1 km P1 ring · mrt · school · food · park · mall · health · zones: parks, commercial, reserve - hover
The neighbourhood
P1 ring
Tanjong Katong Primary School 323m · Phase 2C 1.6× balloted · Afterschool @ Tanjong Katong Primary School 323m · Haig Girls' School 956m · Phase 2C 0.8× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Tanjong Katong Secondary School · 355m
Food
Dunman Food Centre · 675m
Green
Haig Walk (Geylang Rd-Dunman Rd) · 451m - 10 parks within 1km
Mall
Katong Shopping Centre · 511m
Health
Singhealth Polyclinics (Eunos Polyclinic) (polyclinic) · 1.6km

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
632 / 638
99% taken up · 26 '06
Median price
$0k
$0k$0k band
Unit sizes sold
990 sqft
5271711 sqft range
Still available
6
units unsold
Take-up over time · cumulative units sold
638024 '0724 '1125 '0325 '0725 '1126 '0326 '06
What actually sold · by strata size (sqft)
527725
128
725923
88
9231121
48
11211319
102
13191517
78
15171711
38

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 $2,480 psf (253 sales). At today’s $2,540 psf, they are up 2% on paper.

The floor premium

Over the last 3 years, units on the 10th floor and above transacted at a median $2,472 psf - 5% above units on floors 1–5 ($2,346 psf).

Price trend average PSF by year

2023
$2,480
2024
$2,448
-1.3%
2025
$2,438
-0.4%
2026
$2,687
+10.2%

Rental by bedroom

BedroomsMedian rentRental PSFYieldContracts
1BR$3,700/mo$6.733.2%12
2BR$4,450/mo$6.853.2%19
3BR$6,200/mo$6.533.1%17

Recent transactions URA, latest 10

DatePriceArea (sqft)PSFFloor
Jul 2026$2,673,000990$2,69906-10
Jun 2026$1,908,000743$2,56901-05
Jun 2026$1,900,000667$2,84711-15
May 2026$4,080,0001,432$2,85016-20
May 2026$3,970,0001,432$2,77316-20
May 2026$3,380,0001,173$2,88116-20
May 2026$2,850,000990$2,87816-20
May 2026$2,820,000990$2,84806-10
May 2026$2,820,000990$2,84811-15
May 2026$2,000,000743$2,69311-15
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More in District 15

The HDB blocks next door

The entry point, measured: what the resale flats around Tembusu Grand actually sell for - this project trades at 3.8× 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.