We track 2 sales and 11 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the TESSA LODGE dashboard.
- Average sale price: $1,695,000 across 2 transactions
- Estimated gross rental yield: 3.0%
- District 15 PSF ranking: Above average (top 46%)
- Freehold tenure · RCR · D15 · 13 units
About TESSA LODGE
TESSA LODGE is a freehold condominium, located at MOUNTBATTEN ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by OHAYO INTERNATIONAL PTE LTD, comprising 13 residential units, completed in 2008.
As a freehold property, TESSA LODGE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at TESSA LODGE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,484 psf | $1,390,000 |
| 3 BR | 1 | $1,630 psf | $2,000,000 |
Sales Market Overview
TESSA LODGE has recorded 2 sale transactions with an average transaction price of $1,695,000, ranging from $1,390,000 to $2,000,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,484 psf | $1,390,000 | — |
| 2024 | 1 | $1,630 psf | $2,000,000 | ↑ 9.8% |
TESSA LODGE ranks in the top 46% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, TESSA LODGE trades 24% below the segment benchmark.
Loading chart data...
Rental Market Overview
TESSA LODGE has recorded 11 rental transactions with monthly rents averaging $4,282/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 10 | $4,110/mo | $3,000/mo | $4,800/mo |
| 3 BR | 1 | $6,000/mo | $6,000/mo | $6,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2022 | 3 | $3,967/mo |
| 2023 | 3 | $4,967/mo |
| 2024 | 2 | $4,000/mo |
| 2025 | 2 | $4,200/mo |
| 2026 | 1 | $3,900/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, TESSA LODGE delivers an estimated gross rental yield of 3.0%. 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 TESSA LODGE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- TESSA LODGE
- Tanjong Katong MRT
- Marine Parade MRT
- Dakota MRT
- CHIJ (Katong) Primary
- Tanjong Katong Primary School
- Tao Nan School
Nearby MRT Stations
TESSA LODGE is 520m from Tanjong Katong MRT (Thomson-East Coast Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 520m |
| Marine Parade | TE26 | Thomson-East Coast Line | 820m |
| Dakota | CC8 | Circle Line | 1.3 km |
Nearby Schools
There are 13 schools within 2 km of TESSA LODGE, including 8 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 400m |
| Tanjong Katong Primary School | Primary | 430m |
| Tao Nan School | Primary | 490m |
| Broadrick Secondary School | Secondary | 630m |
| EtonHouse International School (Broadrick) | International | 630m |
| Canadian International School (Tanjong Katong) | International | 650m |
| Tanjong Katong Girls' School | Secondary | 720m |
| Haig Girls' School | Primary | 890m |
| Geylang Methodist School (Secondary) | Secondary | 1.6 km |
| Kong Hwa School | Primary | 1.6 km |
| Canossa Catholic Primary School | Primary | 1.6 km |
| Geylang Methodist School (Primary) | Primary | 1.8 km |
FAQ
What is the average price for TESSA LODGE?
What is the rental yield for TESSA LODGE?
Is TESSA LODGE 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: 11 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 TESSA LODGE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.