District 04 · Southern Islands · CCR
Turquoise
Cove Drive · Condominium · 99 yrs lease commencing from 2007
Current PSF
$1,461
-13.8% vs district median
Gross yield
3.9%
median rent $10,750/mo
3-year gain
-9.4%
Transactions · 5y
39
4 in last 12 months
Nearest MRT
Harbourfront Mrt Station · 3,030.196m
CCL,NEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
-
Area income
-
residential zone
En-bloc potential35 / 100
19 years old · composite of plot use, age, tenure, value gap & size
Lease decay80 years left
worth 91.0%of freehold today (Bala’s Table) · loses ~5.0pts 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
8%
PSF dispersion within project
Who lives in Southern Islands
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
1,940
Median age
43 yrs
45% under 40 · steady
Children 0–9
250
▲ 39% since 2015 · future P1 demand
Homes
0% HDB
66% condo · 33% landed
Price trend average PSF by year
2021
$1,475
2022
$1,519
+3%
2023
$1,613
+6.2%
2024
$1,480
-8.2%
2025
$1,411
-4.7%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 3BR | $9,650/mo | $4.49 | 3.7% | 65 |
| 4BR | $12,000/mo | $4.90 | 4.0% | 60 |
| 5BR | $30,000/mo | - | - | 6 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Dec 2025 | $12,000,000 | 7,987 | $1,502 | 06-10 |
| Sept 2025 | $3,800,000 | 2,562 | $1,483 | 01-05 |
| Sept 2025 | $3,298,000 | 2,400 | $1,374 | 01-05 |
| Aug 2025 | $3,100,000 | 2,088 | $1,485 | 01-05 |
| Jun 2025 | $3,500,000 | 2,497 | $1,402 | 01-05 |
| May 2025 | $3,051,000 | 2,497 | $1,222 | 01-05 |
| Oct 2024 | $9,000,000 | 6,900 | $1,304 | 06-10 |
| May 2024 | $4,397,000 | 2,562 | $1,716 | 01-05 |
| May 2024 | $3,500,000 | 2,314 | $1,512 | 01-05 |
| Jan 2024 | $3,000,000 | 2,164 | $1,387 | 01-05 |
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