District 15 · Marine Parade · RCR
The Belvedere
Meyer Road · Condominium · Freehold
Current PSF
$2,604
+48.9% vs district median
Gross yield
2.3%
median rent $6,100/mo
3-year gain
18.5%
Transactions · 5y
24
2 in last 12 months
Nearest MRT
Tanjong Katong Mrt Station · 1,116.504m
TEL
Future MRT
Bedok South Mrt Station
TEL · 2026
Vs local HDB
+277% 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
+3.2%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
6%
PSF dispersion within project
The neighbourhood
Secondary
Broadrick Secondary School · 1.1km
Food
Jalan Batu Blk 4a (Blk 4a Jalan Batu Hawker Centre/Market) · 720m
Green
Katong Pk · 125m - 5 parks within 1km
Mall
51 Old Airport Road Food Centre And Shopping Mall · 1.3km
Health
National Healthcare Group Polyclinics (Geylang Polyclinic) (polyclinic) · 2.5km
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
$1,893
2022
$1,973
+4.2%
2023
$2,197
+11.4%
2024
$2,384
+8.5%
2025
$2,608
+9.4%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $4,900/mo | $4.67 | 2.2% | 44 |
| 3BR | $5,900/mo | $4.37 | 2.0% | 160 |
| 4BR | $11,300/mo | $4.11 | 1.9% | 3 |
| 5BR | $11,500/mo | $3.90 | 1.8% | 3 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Nov 2025 | $3,250,000 | 1,259 | $2,581 | 16-20 |
| Aug 2025 | $3,620,000 | 1,378 | $2,627 | 16-20 |
| Jul 2025 | $3,660,000 | 1,367 | $2,677 | 16-20 |
| Jul 2025 | $3,550,000 | 1,367 | $2,597 | 11-15 |
| Jul 2025 | $3,430,000 | 1,302 | $2,634 | 16-20 |
| Jun 2025 | $2,560,000 | 1,012 | $2,530 | 11-15 |
| Nov 2024 | $3,288,888 | 1,302 | $2,525 | 11-15 |
| Sept 2024 | $3,238,000 | 1,302 | $2,486 | 16-20 |
| Sept 2024 | $3,088,000 | 1,302 | $2,371 | 06-10 |
| Sept 2024 | $2,900,000 | 1,367 | $2,121 | 01-05 |
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More in District 15
The HDB blocks next door
The entry point, measured: what the resale flats around The Belvedere actually sell for - this project trades at 4.5× the nearest block’s PSF.