We track 2 sales and 5 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE PROMINENCE dashboard.
- Average sale price: $1,610,000 across 2 transactions
- Estimated gross rental yield: 3.3%
- District 15 PSF ranking: Value tier (top 86%)
- Freehold tenure · RCR · D15 · 16 units
About THE PROMINENCE
THE PROMINENCE is a freehold condominium, located at HAIG ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by CRESENDAS, comprising 16 residential units, completed in 2005.
As a freehold property, THE PROMINENCE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE PROMINENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 1 | $1,222 psf | $1,420,000 |
| 4 BR | 1 | $1,317 psf | $1,800,000 |
Sales Market Overview
THE PROMINENCE has recorded 2 sale transactions with an average transaction price of $1,610,000, ranging from $1,420,000 to $1,800,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 1 | $1,222 psf | $1,420,000 | — |
| 2023 | 1 | $1,317 psf | $1,800,000 | ↑ 7.8% |
THE PROMINENCE ranks in the top 86% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, THE PROMINENCE trades 38.1% below the segment benchmark.
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Rental Market Overview
THE PROMINENCE has recorded 5 rental transactions with monthly rents averaging $4,360/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 5 | $4,360/mo | $3,300/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 1 | $3,300/mo |
| 2024 | 1 | $4,500/mo |
| 2025 | 1 | $4,500/mo |
| 2026 | 2 | $4,750/mo |
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Investment Analysis
Based on average rents and sale prices, THE PROMINENCE delivers an estimated gross rental yield of 3.3%. 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 THE PROMINENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE PROMINENCE
- Tanjong Katong MRT
- Paya Lebar MRT
- Paya Lebar MRT
- Dakota MRT
- Eunos MRT
- Haig Girls'
- Tao Nan School
- Broadrick Secondary School
Nearby MRT Stations
THE PROMINENCE is 810m from Tanjong Katong MRT (Thomson-East Coast Line), with 6 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tanjong Katong | TE25 | Thomson-East Coast Line | 810m |
| Paya Lebar | EW8 | East-West Line | 920m |
| Paya Lebar | CC9 | Circle Line | 920m |
| Dakota | CC8 | Circle Line | 1.0 km |
| Eunos | EW7 | East-West Line | 1.2 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.3 km |
Nearby Schools
There are 14 schools within 2 km of THE PROMINENCE, including 10 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Haig Girls' School | Primary | 210m |
| Tao Nan School | Primary | 380m |
| Broadrick Secondary School | Secondary | 390m |
| EtonHouse International School (Broadrick) | International | 390m |
| Tanjong Katong Girls' School | Secondary | 410m |
| Tanjong Katong Primary School | Primary | 450m |
| Canadian International School (Tanjong Katong) | International | 480m |
| CHIJ (Katong) Primary | Primary | 700m |
| Canossa Catholic Primary School | Primary | 870m |
| Kong Hwa School | Primary | 940m |
| Geylang Methodist School (Secondary) | Secondary | 1.1 km |
| Geylang Methodist School (Primary) | Primary | 1.3 km |
FAQ
What is the average price for THE PROMINENCE?
What is the rental yield for THE PROMINENCE?
Is THE PROMINENCE 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: 5 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 PROMINENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.