THE CARRARA is a freehold development along MOUNTBATTEN ROAD in District 15 (Katong / Joo Chiat), part of the RCR segment of Singapore's private residential market. The project comprises a compact unit count and is TOP 2021.
This profile draws on 6 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 5 years from TOP, THE CARRARA is in the early-mature phase: facilities are well-broken-in, strata operations are stable, and pricing has been through one or two market cycles — making comparable-sales analysis meaningful.
Within District 15 (Katong / Joo Chiat), the immediate context for THE CARRARA 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 6 sales and 0 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE CARRARA dashboard.
- Average sale price: $8,694,146 across 6 transactions
- District 15 PSF ranking: Premium tier (top 1%)
- Freehold tenure · RCR · D15
About THE CARRARA
THE CARRARA is a freehold condominium, located at MOUNTBATTEN ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), completed in 2021.
As a freehold property, THE CARRARA does not face lease decay concerns.
Sales Market Overview
THE CARRARA has recorded 6 sale transactions with an average transaction price of $8,694,146, ranging from $7,288,888 to $9,300,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $3,002 psf | $9,048,210 | — |
| 2022 | 1 | $3,003 psf | $9,050,000 | ↑ 0.0% |
| 2024 | 3 | $3,113 psf | $8,596,296 | ↑ 3.7% |
| 2025 | 1 | $3,101 psf | $8,277,777 | ↓ 0.4% |
THE CARRARA ranks in the top 1% of condos in District 15 by average PSF.
Compared to the RCR average of $2,047 psf, THE CARRARA trades 50.2% above the segment benchmark.
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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 CARRARA (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE CARRARA
- Tanjong Katong MRT
- Marine Parade MRT
- Dakota MRT
- Katong Park MRT
- Tanjong Katong Primary School
- Tao Nan School
- CHIJ (Katong) Primary
Nearby MRT Stations
THE CARRARA is 370m from Tanjong Katong MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 370m |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.0 km |
| Dakota | CC8 | Circle Line | 1.1 km |
| Katong Park | TE24 | Thomson-East Coast Line | 1.4 km |
Nearby Schools
There are 13 schools within 2 km of THE CARRARA, including 8 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 500m |
| Tao Nan School | Primary | 610m |
| CHIJ (Katong) Primary | Primary | 610m |
| Broadrick Secondary School | Secondary | 790m |
| EtonHouse International School (Broadrick) | International | 790m |
| Canadian International School (Tanjong Katong) | International | 830m |
| Tanjong Katong Girls' School | Secondary | 890m |
| Haig Girls' School | Primary | 920m |
| Geylang Methodist School (Secondary) | Secondary | 1.5 km |
| Kong Hwa School | Primary | 1.6 km |
| Geylang Methodist School (Primary) | Primary | 1.6 km |
| One World International School (Mountbatten) | International | 1.7 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.
Genuine walk-to-MRT access. Tanjong Katong sits about 0.37km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
School-belt proximity. Tanjong Katong Primary School sits about 0.50km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 6 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
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.
[
{
"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": "green",
"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 CARRARA 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. 6 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 CARRARA?
What is the rental yield for THE CARRARA?
Is THE CARRARA freehold or leasehold?
How far is the nearest MRT from THE CARRARA?
What is the tenure of THE CARRARA?
How does THE CARRARA compare to other projects in the district?
What stamp duty applies for a foreign buyer of THE CARRARA?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 6 transactions 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 CARRARA
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.