We track 2 sales and 7 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RESIDENCE 118 dashboard.
- Average sale price: $1,195,000 across 2 transactions
- Estimated gross rental yield: 3.5%
- District 15 PSF ranking: Mid-range (top 62%)
- Freehold tenure · OCR · D15 · 11 units
About RESIDENCE 118
RESIDENCE 118 is a freehold condominium, located at LORONG L TELOK KURAU in District 15 (Joo Chiat, Amber Road, Katong) (Outside Central Region), developed by TTLM PTE LTD, comprising 11 residential units, completed in 2006.
As a freehold property, RESIDENCE 118 does not face lease decay concerns.
Sales Market Overview
RESIDENCE 118 has recorded 2 sale transactions with an average transaction price of $1,195,000, ranging from $1,100,000 to $1,290,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2023 | 1 | $1,345 psf | $1,100,000 | — |
| 2025 | 1 | $1,536 psf | $1,290,000 | ↑ 14.3% |
RESIDENCE 118 ranks in the top 62% of condos in District 15 by average PSF.
Compared to the OCR average of $1,550 psf, RESIDENCE 118 trades 7.1% below the segment benchmark.
Loading chart data...
Rental Market Overview
RESIDENCE 118 has recorded 7 rental transactions with monthly rents averaging $3,493/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 3 | $3,100/mo | $3,000/mo | $3,200/mo |
| 3 BR | 4 | $3,788/mo | $2,550/mo | $4,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 1 | $2,550/mo |
| 2022 | 2 | $3,600/mo |
| 2024 | 2 | $3,700/mo |
| 2025 | 2 | $3,650/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, RESIDENCE 118 delivers an estimated gross rental yield of 3.5%. 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 RESIDENCE 118 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RESIDENCE 118
- Marine Terrace MRT
- Kembangan MRT
- Siglap MRT
- Marine Parade MRT
- Telok Kurau Primary School
- Chung Cheng High School (Main)
- East Coast Primary School
Nearby MRT Stations
RESIDENCE 118 is 600m 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 | 600m |
| Kembangan | EW6 | East-West Line | 990m |
| Siglap | TE28 | Thomson-East Coast Line | 1.3 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.4 km |
Nearby Schools
There are 13 schools within 2 km of RESIDENCE 118, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 110m |
| Chung Cheng High School (Main) | Secondary | 900m |
| East Coast Primary School | Primary | 1.2 km |
| Global Indian International School (GIIS East Coast) | International | 1.2 km |
| Canossa Catholic Primary School | Primary | 1.5 km |
| Tanjong Katong Girls' School | Secondary | 1.5 km |
| Canadian International School (Tanjong Katong) | International | 1.5 km |
| Broadrick Secondary School | Secondary | 1.6 km |
| EtonHouse International School (Broadrick) | International | 1.6 km |
| CHIJ (Katong) Primary | Primary | 1.6 km |
| Tao Nan School | Primary | 1.8 km |
| Temasek Junior College | Jc | 2.0 km |
FAQ
What is the average price for RESIDENCE 118?
What is the rental yield for RESIDENCE 118?
Is RESIDENCE 118 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: 2 transactions analysed
- Rental data: 7 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 RESIDENCE 118
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.