CEYLON RESIDENCE is a 85-year balance leasehold development along CEYLON ROAD in District 15 (Katong / Joo Chiat), part of the RCR segment of Singapore's private residential market. The project comprises 22 units and is TOP 2012.
This profile draws on 0 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 14 years from TOP, CEYLON RESIDENCE is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 15 (Katong / Joo Chiat), the immediate context for CEYLON RESIDENCE is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 0 sales and 22 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CEYLON RESIDENCE dashboard.
- · RCR · D15 · 22 units
About CEYLON RESIDENCE
CEYLON RESIDENCE is a condominium, located at CEYLON ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by ALPHALAND INTERNATIONAL PTE LTD, comprising 22 residential units, completed in 2012.
With approximately 85 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Rental Market Overview
CEYLON RESIDENCE has recorded 22 rental transactions with monthly rents averaging $4,773/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 3 | $3,467/mo | $2,500/mo | $4,000/mo |
| 3 BR | 16 | $4,750/mo | $3,600/mo | $6,500/mo |
| 4 BR | 3 | $6,200/mo | $5,500/mo | $6,600/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 3 | $3,233/mo |
| 2022 | 3 | $5,033/mo |
| 2023 | 5 | $4,700/mo |
| 2024 | 6 | $5,083/mo |
| 2025 | 4 | $5,388/mo |
| 2026 | 1 | $4,650/mo |
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Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,537 psf | 909 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 754 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,462 psf | 634 |
| AMBER PARK | Freehold | 592 | $2,544 psf | 392 |
Location Map
Map shows CEYLON RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CEYLON RESIDENCE
- Tanjong Katong MRT
- Marine Parade MRT
- Paya Lebar MRT
- Paya Lebar MRT
- Eunos MRT
- Broadrick Secondary School
- EtonHouse International School (Broadrick)
- Tanjong Katong Girls'
Nearby MRT Stations
CEYLON RESIDENCE is 850m from Tanjong Katong MRT (Thomson-East Coast Line), with 6 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 850m |
| Marine Parade | TE26 | Thomson-East Coast Line | 970m |
| Paya Lebar | EW8 | East-West Line | 1.2 km |
| Paya Lebar | CC9 | Circle Line | 1.2 km |
| Eunos | EW7 | East-West Line | 1.3 km |
| Dakota | CC8 | Circle Line | 1.3 km |
Nearby Schools
There are 14 schools within 2 km of CEYLON RESIDENCE, including 9 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Broadrick Secondary School | Secondary | 100m |
| EtonHouse International School (Broadrick) | International | 100m |
| Tanjong Katong Girls' School | Secondary | 110m |
| Canadian International School (Tanjong Katong) | International | 170m |
| Tao Nan School | Primary | 250m |
| Tanjong Katong Primary School | Primary | 400m |
| CHIJ (Katong) Primary | Primary | 430m |
| Haig Girls' School | Primary | 490m |
| Canossa Catholic Primary School | Primary | 930m |
| Kong Hwa School | Primary | 1.2 km |
| Geylang Methodist School (Secondary) | Secondary | 1.4 km |
| Telok Kurau Primary School | Primary | 1.6 km |
Adequate lease horizon. Around 85 years of remaining lease keeps CPF eligibility intact and supports standard 30-year loan tenor for most buyer profiles. Within a 5-10 year hold, lease-decay effects are negligible; beyond that, monitor the year-60 threshold for CPF usage caps.
Boutique character. With 22 units, CEYLON RESIDENCE keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Broadrick Secondary School sits about 0.10km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Moderate MRT walk. At 0.85km from the nearest station, the project sits just outside the 800m comfort threshold. Rental tenants notice — yield typically trails truly walkable comparables by 30-50bps in similar segments.
Thin transaction history. With only 0 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "amber",
"reason": "Bus or own-vehicle commute likely required"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "Verify tenant-pool depth in immediate catchment"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: CEYLON RESIDENCE sits in an off-MRT-spine pocket where own-vehicle commuting and a narrower tenant pool define the economics. Suits owner-occupiers who prioritise the specific neighbourhood and lifestyle fit over capital-market efficiency. 0 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 7-12 years with realistic vacancy and re-let cost assumptions. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
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Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Rental data: 22 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for CEYLON RESIDENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.