THE CAPE is a freehold development along AMBER ROAD in District 15 (Katong / Joo Chiat), part of the RCR segment of Singapore's private residential market. The project comprises 76 units and is TOP 2014.
This profile draws on 22 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 12 years from TOP, THE CAPE 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 THE CAPE 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 22 sales and 195 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE CAPE dashboard.
- Average sale price: $1,563,763 across 22 transactions
- Estimated gross rental yield: 2.9%
- District 15 PSF ranking: Premium tier (top 17%)
- Freehold tenure · RCR · D15 · 76 units
About THE CAPE
THE CAPE is a freehold condominium, located at AMBER ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by BEAUTY WORLD PROPERTIES PTE LTD, comprising 76 residential units, completed in 2014.
As a freehold property, THE CAPE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE CAPE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 13 | $1,878 psf | $1,140,769 |
| 2 BR | 2 | $1,984 psf | $1,687,500 |
| 3 BR | 7 | $2,004 psf | $2,313,968 |
Sales Market Overview
THE CAPE has recorded 22 sale transactions with an average transaction price of $1,563,763, ranging from $918,000 to $3,000,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 10 | $1,727 psf | $1,395,789 | — |
| 2022 | 2 | $2,057 psf | $1,219,000 | ↑ 19.1% |
| 2023 | 1 | $1,920 psf | $1,240,000 | ↓ 6.7% |
| 2024 | 3 | $2,132 psf | $2,259,629 | ↑ 11.0% |
| 2025 | 6 | $2,118 psf | $1,664,667 | ↓ 0.6% |
THE CAPE ranks in the top 17% of condos in District 15 by average PSF.
Compared to the RCR average of $2,047 psf, THE CAPE trades 5.8% below the segment benchmark.
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Rental Market Overview
THE CAPE has recorded 195 rental transactions with monthly rents averaging $3,752/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 142 | $3,271/mo | $2,000/mo | $4,200/mo |
| 2 BR | 40 | $4,448/mo | $3,000/mo | $5,500/mo |
| 3 BR | 13 | $6,873/mo | $4,100/mo | $8,450/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 33 | $3,005/mo |
| 2022 | 37 | $3,333/mo |
| 2023 | 36 | $4,179/mo |
| 2024 | 40 | $4,060/mo |
| 2025 | 41 | $4,025/mo |
| 2026 | 8 | $3,911/mo |
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Investment Analysis
Based on average rents and sale prices, THE CAPE delivers an estimated gross rental yield of 2.9%. 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 | $2,537 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 THE CAPE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE CAPE
- Marine Parade MRT
- Tanjong Katong MRT
- CHIJ (Katong) Primary
- Tanjong Katong Primary School
- Tao Nan School
Nearby MRT Stations
THE CAPE is 570m from Marine Parade MRT (Thomson-East Coast Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Parade | TE26 | Thomson-East Coast Line | 570m |
| Tanjong Katong | TE25 | Thomson-East Coast Line | 910m |
Nearby Schools
There are 10 schools within 2 km of THE CAPE, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 530m |
| Tanjong Katong Primary School | Primary | 800m |
| Tao Nan School | Primary | 810m |
| Canadian International School (Tanjong Katong) | International | 830m |
| Broadrick Secondary School | Secondary | 860m |
| EtonHouse International School (Broadrick) | International | 860m |
| Tanjong Katong Girls' School | Secondary | 920m |
| Haig Girls' School | Primary | 1.3 km |
| Canossa Catholic Primary School | Primary | 1.9 km |
| Telok Kurau Primary School | Primary | 1.9 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Walking-distance MRT. Marine Parade is about 0.57km — 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 76 units, THE CAPE 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. CHIJ (Katong) Primary sits about 0.53km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
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.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"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": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: THE CAPE hits the three structural levers that anchor long-term Singapore residential value: a prime district position, walkable MRT, and a long balance lease. Premium pricing is the trade-off; buyers paying that premium are buying scarcity rather than yield. 22 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 8-15 years to absorb full cycle and capture the prime-district capital-appreciation thesis. 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 THE CAPE?
What is the rental yield for THE CAPE?
Is THE CAPE freehold or leasehold?
How far is the nearest MRT from THE CAPE?
What is the tenure of THE CAPE?
How does THE CAPE compare to other projects in the district?
What stamp duty applies for a foreign buyer of THE CAPE?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 22 transactions analysed
- Rental data: 195 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 THE CAPE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.