We track 8 sales and 38 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MELROSE VILLE dashboard.
- Average sale price: $1,130,875 across 8 transactions
- Estimated gross rental yield: 3.1%
- District 15 PSF ranking: Mid-range (top 63%)
- Freehold tenure · RCR · D15 · 28 units
About MELROSE VILLE
MELROSE VILLE is a freehold condominium, located at ROSE LANE in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by TKE DEVELOPMENT PTE LTD, comprising 28 residential units, completed in 2011.
As a freehold property, MELROSE VILLE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MELROSE VILLE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 5 | $1,449 psf | $793,600 |
| 2 BR | 2 | $1,392 psf | $1,139,000 |
| 5+ BR | 1 | $1,348 psf | $2,801,000 |
Sales Market Overview
MELROSE VILLE has recorded 8 sale transactions with an average transaction price of $1,130,875, ranging from $700,000 to $2,801,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,257 psf | $1,028,000 | — |
| 2022 | 4 | $1,411 psf | $755,000 | ↑ 12.3% |
| 2025 | 1 | $1,348 psf | $2,801,000 | ↓ 4.5% |
| 2026 | 2 | $1,565 psf | $1,099,000 | ↑ 16.0% |
MELROSE VILLE ranks in the top 63% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, MELROSE VILLE trades 30.6% below the segment benchmark.
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Rental Market Overview
MELROSE VILLE has recorded 38 rental transactions with monthly rents averaging $2,875/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 28 | $2,646/mo | $1,800/mo | $3,700/mo |
| 2 BR | 2 | $3,050/mo | $2,600/mo | $3,500/mo |
| 3 BR | 7 | $3,479/mo | $2,650/mo | $4,000/mo |
| 4 BR | 1 | $4,700/mo | $4,700/mo | $4,700/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 9 | $2,039/mo |
| 2022 | 9 | $2,939/mo |
| 2023 | 7 | $3,193/mo |
| 2024 | 6 | $3,150/mo |
| 2025 | 6 | $3,242/mo |
| 2026 | 1 | $3,750/mo |
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Investment Analysis
Based on average rents and sale prices, MELROSE VILLE delivers an estimated gross rental yield of 3.1%. 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 | $2,536 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 MELROSE VILLE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MELROSE VILLE
- Dakota MRT
- Tanjong Katong MRT
- Paya Lebar MRT
- Paya Lebar MRT
- Mountbatten MRT
- Haig Girls'
- Kong Hwa School
- Tanjong Katong Primary School
Nearby MRT Stations
MELROSE VILLE is 580m from Dakota MRT (Circle Line), with 7 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Dakota | CC8 | Circle Line | 580m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 710m |
| Paya Lebar | EW8 | East-West Line | 780m |
| Paya Lebar | CC9 | Circle Line | 780m |
| Mountbatten | CC7 | Circle Line | 1.3 km |
| Aljunied | EW9 | East-West Line | 1.3 km |
| Eunos | EW7 | East-West Line | 1.5 km |
Nearby Schools
There are 14 schools within 2 km of MELROSE VILLE, including 10 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Haig Girls' School | Primary | 260m |
| Kong Hwa School | Primary | 580m |
| Tanjong Katong Primary School | Primary | 630m |
| Geylang Methodist School (Secondary) | Secondary | 660m |
| Tao Nan School | Primary | 680m |
| Broadrick Secondary School | Secondary | 800m |
| EtonHouse International School (Broadrick) | International | 800m |
| Geylang Methodist School (Primary) | Primary | 840m |
| Tanjong Katong Girls' School | Secondary | 860m |
| Canadian International School (Tanjong Katong) | International | 900m |
| CHIJ (Katong) Primary | Primary | 1.0 km |
| Canossa Catholic Primary School | Primary | 1.2 km |
FAQ
What is the average price for MELROSE VILLE?
What is the rental yield for MELROSE VILLE?
Is MELROSE VILLE 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: 8 transactions analysed
- Rental data: 38 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 MELROSE VILLE
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