EASTCOVE RESIDENCES is a freehold development along JOO CHIAT PLACE in District 15 (Katong / Joo Chiat), part of the OCR segment of Singapore's private residential market. The project comprises 12 units and is TOP 2004.
This profile draws on 2 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 22 years from TOP, EASTCOVE RESIDENCES 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 EASTCOVE RESIDENCES 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 2 sales and 12 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the EASTCOVE RESIDENCES dashboard.
- Average sale price: $1,290,000 across 2 transactions
- Estimated gross rental yield: 3.3%
- District 15 PSF ranking: Value tier (top 79%)
- Freehold tenure · OCR · D15 · 12 units
About EASTCOVE RESIDENCES
EASTCOVE RESIDENCES is a freehold condominium, located at JOO CHIAT PLACE in District 15 (Joo Chiat, Amber Road, Katong) (Outside Central Region), comprising 12 residential units, completed in 2004.
As a freehold property, EASTCOVE RESIDENCES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at EASTCOVE RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,405 psf | $1,270,000 |
| 3 BR | 1 | $1,229 psf | $1,310,000 |
Sales Market Overview
EASTCOVE RESIDENCES has recorded 2 sale transactions with an average transaction price of $1,290,000, ranging from $1,270,000 to $1,310,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2023 | 1 | $1,229 psf | $1,310,000 | — |
| 2025 | 1 | $1,405 psf | $1,270,000 | ↑ 14.3% |
EASTCOVE RESIDENCES ranks in the top 79% of condos in District 15 by average PSF.
Compared to the OCR average of $1,550 psf, EASTCOVE RESIDENCES trades 15% below the segment benchmark.
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Rental Market Overview
EASTCOVE RESIDENCES has recorded 12 rental transactions with monthly rents averaging $3,492/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 6 | $3,275/mo | $2,650/mo | $3,700/mo |
| 3 BR | 6 | $3,708/mo | $2,750/mo | $4,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $2,975/mo |
| 2022 | 4 | $3,513/mo |
| 2023 | 2 | $4,100/mo |
| 2024 | 4 | $3,425/mo |
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Investment Analysis
Based on average rents and sale prices, EASTCOVE RESIDENCES delivers an estimated gross rental yield of 3.3%. This is above the Singapore-wide benchmark of approximately 3%.
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 EASTCOVE RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- EASTCOVE RESIDENCES
- Kembangan MRT
- Eunos MRT
- Marine Terrace MRT
- Marine Parade MRT
- Telok Kurau Primary School
- Canossa Catholic Primary School
- Tanjong Katong Girls'
Nearby MRT Stations
EASTCOVE RESIDENCES is 850m from Kembangan MRT (East-West Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Kembangan | EW6 | East-West Line | 850m |
| Eunos | EW7 | East-West Line | 880m |
| Marine Terrace | TE27 | Thomson-East Coast Line | 1.0 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.3 km |
Nearby Schools
There are 13 schools within 2 km of EASTCOVE RESIDENCES, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 540m |
| Canossa Catholic Primary School | Primary | 860m |
| Tanjong Katong Girls' School | Secondary | 1.1 km |
| Canadian International School (Tanjong Katong) | International | 1.1 km |
| Broadrick Secondary School | Secondary | 1.2 km |
| EtonHouse International School (Broadrick) | International | 1.2 km |
| CHIJ (Katong) Primary | Primary | 1.3 km |
| Tao Nan School | Primary | 1.4 km |
| Chung Cheng High School (Main) | Secondary | 1.5 km |
| Haig Girls' School | Primary | 1.5 km |
| Tanjong Katong Primary School | Primary | 1.6 km |
| East Coast Primary School | Primary | 1.8 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Boutique character. With 12 units, EASTCOVE RESIDENCES 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. Telok Kurau Primary School sits about 0.54km 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 2 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: EASTCOVE RESIDENCES 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. 2 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
What is the average price for EASTCOVE RESIDENCES?
What is the rental yield for EASTCOVE RESIDENCES?
Is EASTCOVE RESIDENCES freehold or leasehold?
How far is the nearest MRT from EASTCOVE RESIDENCES?
What is the tenure of EASTCOVE RESIDENCES?
How does EASTCOVE RESIDENCES compare to other projects in the district?
What stamp duty applies for a foreign buyer of EASTCOVE RESIDENCES?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 2 transactions analysed
- Rental data: 12 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 EASTCOVE RESIDENCES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.