LE M RESIDENCE is a 78-year balance leasehold development along LORONG M TELOK KURAU in District 15 (Katong / Joo Chiat), part of the RCR segment of Singapore's private residential market. The project comprises 12 units and is TOP 2005.
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 21 years from TOP, LE M 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 LE M 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 6 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the LE M RESIDENCE dashboard.
- · RCR · D15 · 12 units
About LE M RESIDENCE
LE M RESIDENCE is a condominium, located at LORONG M TELOK KURAU in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by NOBLE CITY DEVELOPMENT, comprising 12 residential units, completed in 2005.
With approximately 78 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Rental Market Overview
LE M RESIDENCE has recorded 6 rental transactions with monthly rents averaging $4,350/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 6 | $4,350/mo | $3,300/mo | $4,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 2 | $4,050/mo |
| 2024 | 2 | $4,500/mo |
| 2025 | 1 | $4,800/mo |
| 2026 | 1 | $4,200/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 LE M RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- LE M RESIDENCE
- Marine Terrace MRT
- Marine Parade MRT
- Eunos MRT
- Kembangan MRT
- Telok Kurau Primary School
- Canadian International School (Tanjong Katong)
- Tanjong Katong Girls'
Nearby MRT Stations
LE M RESIDENCE is 620m from Marine Terrace MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Terrace | TE27 | Thomson-East Coast Line | 620m |
| Marine Parade | TE26 | Thomson-East Coast Line | 870m |
| Eunos | EW7 | East-West Line | 1.3 km |
| Kembangan | EW6 | East-West Line | 1.3 km |
Nearby Schools
There are 13 schools within 2 km of LE M RESIDENCE, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 600m |
| Canadian International School (Tanjong Katong) | International | 900m |
| Tanjong Katong Girls' School | Secondary | 910m |
| Broadrick Secondary School | Secondary | 1.0 km |
| EtonHouse International School (Broadrick) | International | 1.0 km |
| CHIJ (Katong) Primary | Primary | 1.0 km |
| Canossa Catholic Primary School | Primary | 1.2 km |
| Tao Nan School | Primary | 1.2 km |
| Tanjong Katong Primary School | Primary | 1.4 km |
| Haig Girls' School | Primary | 1.5 km |
| Chung Cheng High School (Main) | Secondary | 1.5 km |
| East Coast Primary School | Primary | 1.8 km |
Adequate lease horizon. Around 78 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.
Walking-distance MRT. Marine Terrace is about 0.62km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 12 units, LE M 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. Telok Kurau Primary School sits about 0.60km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Lease-decay clock to monitor. Remaining lease is comfortably above critical CPF thresholds but already in the band where 10-15 year holds materially compress the next buyer's CPF eligibility. Plan exit timing with this in mind rather than assuming open-ended hold optionality.
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": "amber",
"reason": "Lease horizon constrains long-hold optionality"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "amber",
"reason": "Plan exit timing around lease-decay thresholds"
}
]
Composite assessment: LE M RESIDENCE 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 REALIS 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 LE M RESIDENCE?
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Is LE M RESIDENCE freehold or leasehold?
How far is the nearest MRT from LE M RESIDENCE?
What is the tenure of LE M RESIDENCE?
How does LE M RESIDENCE compare to other projects in the district?
What stamp duty applies for a foreign buyer of LE M RESIDENCE?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Rental data: 6 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 LE M RESIDENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.