We track 3 sales and 15 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MARGATE POINT dashboard.
- Average sale price: $2,403,333 across 3 transactions
- Estimated gross rental yield: 1.9%
- District 15 PSF ranking: Premium tier (top 19%)
- Freehold tenure · RCR · D15 · 15 units
About MARGATE POINT
MARGATE POINT is a freehold condominium, located at MARGATE ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), comprising 15 residential units.
As a freehold property, MARGATE POINT does not face lease decay concerns.
Sales Market Overview
MARGATE POINT has recorded 3 sale transactions with an average transaction price of $2,403,333, ranging from $2,260,000 to $2,550,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2024 | 2 | $1,819 psf | $2,330,000 | — |
| 2025 | 1 | $1,991 psf | $2,550,000 | ↑ 9.4% |
MARGATE POINT ranks in the top 19% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, MARGATE POINT trades 8.4% below the segment benchmark.
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Rental Market Overview
MARGATE POINT has recorded 15 rental transactions with monthly rents averaging $3,893/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 15 | $3,893/mo | $3,000/mo | $5,400/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 3 | $3,267/mo |
| 2022 | 8 | $4,094/mo |
| 2023 | 2 | $3,875/mo |
| 2024 | 2 | $4,050/mo |
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Investment Analysis
Based on average rents and sale prices, MARGATE POINT delivers an estimated gross rental yield of 1.9%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 MARGATE POINT (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MARGATE POINT
- Katong Park MRT
- Tanjong Katong MRT
- Dakota MRT
- Mountbatten MRT
- Tanjong Katong Primary School
- One World International School (Mountbatten)
- Tao Nan School
Nearby MRT Stations
MARGATE POINT is 490m from Katong Park MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Katong Park | TE24 | Thomson-East Coast Line | 490m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 760m |
| Dakota | CC8 | Circle Line | 960m |
| Mountbatten | CC7 | Circle Line | 970m |
Nearby Schools
There are 12 schools within 2 km of MARGATE POINT.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.2 km |
| One World International School (Mountbatten) | International | 1.2 km |
| Tao Nan School | Primary | 1.4 km |
| Haig Girls' School | Primary | 1.4 km |
| Geylang Methodist School (Secondary) | Secondary | 1.4 km |
| Geylang Methodist School (Primary) | Primary | 1.4 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
| Broadrick Secondary School | Secondary | 1.6 km |
| EtonHouse International School (Broadrick) | International | 1.6 km |
| Canadian International School (Tanjong Katong) | International | 1.6 km |
| Tanjong Katong Girls' School | Secondary | 1.7 km |
| Kong Hwa School | Primary | 1.7 km |
FAQ
What is the average price for MARGATE POINT?
What is the rental yield for MARGATE POINT?
Is MARGATE POINT freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions analysed
- Rental data: 15 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 MARGATE POINT
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.