FIGARO GARDENS is a 99-year leasehold development along FIGARO GARDENS in District 15 (Katong / Joo Chiat), part of the RCR segment of Singapore's private residential market. The project comprises a compact unit count and is an established secondary-market project.
This profile draws on 0 recorded transactions from URA 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.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 15 (Katong / Joo Chiat), the immediate context for FIGARO GARDENS 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 43 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the FIGARO GARDENS dashboard.
- · RCR · D15
About FIGARO GARDENS
FIGARO GARDENS is a condominium, located at FIGARO GARDENS in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region).
Rental Market Overview
FIGARO GARDENS has recorded 43 rental transactions with monthly rents averaging $8,379/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 43 | $8,379/mo | $6,600/mo | $11,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 10 | $7,650/mo |
| 2022 | 7 | $7,779/mo |
| 2023 | 11 | $8,977/mo |
| 2024 | 5 | $8,580/mo |
| 2025 | 9 | $8,689/mo |
| 2026 | 1 | $9,500/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 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows FIGARO GARDENS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- FIGARO GARDENS
- Siglap MRT
- Bedok MRT
- Bayshore MRT
- Global Indian International School (GIIS East Coast)
- East Coast Primary School
- Chung Cheng High School (Main)
Nearby MRT Stations
FIGARO GARDENS is 360m from Siglap MRT (Thomson-East Coast Line), with 3 stations within 1.5 km.
Nearby Schools
There are 11 schools within 2 km of FIGARO GARDENS, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Global Indian International School (GIIS East Coast) | International | 390m |
| East Coast Primary School | Primary | 400m |
| Chung Cheng High School (Main) | Secondary | 530m |
| Temasek Junior College | Jc | 890m |
| Temasek Primary School | Primary | 1.0 km |
| Dunman High School | Secondary | 1.1 km |
| Dunman High School (JC) | Jc | 1.1 km |
| Victoria School | Secondary | 1.4 km |
| Victoria Junior College | Jc | 1.4 km |
| Telok Kurau Primary School | Primary | 1.4 km |
| Opera Estate Primary School | Primary | 1.6 km |
Genuine walk-to-MRT access. Siglap sits about 0.36km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
School-belt proximity. Global Indian International School (GIIS East Coast) sits about 0.39km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Mature streetscape and amenity coverage. The immediate neighbourhood has the daily-living amenity profile of an established residential precinct — hawker centres, supermarkets, clinics, parks within a short walk or drive. The convenience compounds over a hold, even if no single amenity is a headline feature.
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.
- ⚠️ Young couple, first home: Lease horizon constrains long-hold optionality
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ✅ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ⚠️ Long-term hold (10+ yr): Plan exit timing around lease-decay thresholds
Composite assessment: FIGARO GARDENS benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 0 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. 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 FIGARO GARDENS?
What is the rental yield for FIGARO GARDENS?
Is FIGARO GARDENS freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Rental data: 43 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 FIGARO GARDENS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
Best suited for
New Sale vs Resale Mix
Of the 1,640 condo transactions recorded in District 15 over the last 12 months, 64% resale, 34% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 15 could add roughly 500 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Jalan Tembusu | — | ~500 | Confirmed | Awarded |
HDB Alternatives Nearby
Weighing FIGARO GARDENS against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (720m away)
- Bedok — 4-room average $659,895 (920m away)
- Marine Parade — 4-room average $648,065 (1.4 km away)