CENTRINA Review

Condo Review
District 15 ·Freehold ·Completed 2013
~$1,203 Avg PSF (12-month)
3.3% Rental yield
8 Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.0
Value for money
8.5
Neighbourhood
8.0
MRT accessibility
8.5
Lease remaining
10.0

Overview & Key Facts

Centrina is a micro-boutique freehold development at 11 Everitt Road North in District 15 — eight units, five storeys, completed in 2013. Developed by JG Development Pte Ltd, a boutique local developer focused on the Katong and Joo Chiat corridor, it occupies one of the most school-dense residential pockets in the entire east coast, with Canossa Catholic Primary School (CCPS) sitting just 120 metres away — effectively the adjacent plot.

At this scale, Centrina is less a conventional condo and more a private residential building with a condo land title. There is no resort facilities deck, no tennis court, no function room. What exists instead is a freehold certificate of title in a mature, character-rich neighbourhood, an Eunos MRT walkable at 0.44 km, and a price point — S$1,203 psf on recent transactions — that looks structurally anomalous against the S$2,461–S$2,790 psf new launches crowding the same postcode. For the precise type of buyer Centrina is suited to, that combination is difficult to replicate anywhere else in D15.

Transaction volume is thin, as expected for an 8-unit building: two sales recorded in the dataset at an average of S$1,275,000, with a PSF that has drifted from S$1,525 to S$1,203 over recent years. The rental side shows more activity — three contracts at an average S$3,773 per month — generating a gross yield of approximately 3.31% for a freehold asset. For context, most resale condos in the Joo Chiat / Katong corridor deliver 2.8–3.6% gross on freehold stock; Centrina sits near the top of that band at current prices.

Developer
JG DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
8
TOP year
2013
District
15 — RCR
Street
EVERITT ROAD NORTH

Location & Connectivity

Centrina’s address sits in a quiet residential segment of Everitt Road North — a short cul-de-sac-adjacent street running off the busier Changi Road / Joo Chiat spine, well away from the late-night F&B noise that affects some Joo Chiat Place properties. The surrounding streetscape is low-rise: a mix of inter-war landed houses, small residential blocks, and school grounds. It is, by D15 standards, genuinely quiet.

The MRT story is strong for a boutique of this vintage. Eunos MRT (EW7) is 0.44 km away — a flat 5–6 minute walk that most residents will do without thinking twice. That puts Raffles Place within 22 minutes door-to-door and City Hall within 25 minutes. Paya Lebar interchange (EW8/CC9) is 0.96 km — a 12-minute walk or a single bus stop — opening the Circle Line for one-transfer access to Marina Bay, Dhoby Ghaut, and Harbourfront. For a boutique development at this price point in D15, the MRT connectivity is genuinely exceptional. The Thomson-East Coast Line’s Marine Parade station, roughly 1.6 km south, further extends the network for residents who drive or bus to it.

For drivers, the location performs equally well. The KPE, ECP, and PIE are all within a few minutes of Everitt Road North, making the CBD roughly 12–15 minutes off-peak and Changi Airport approximately 15 minutes. Day-to-day errands are covered within 500m: NTUC FairPrice at Joo Chiat Complex, City Plaza, and the full stretch of Joo Chiat Road’s independent grocers, bakeries, and Peranakan provision shops. PLQ Mall (Paya Lebar Quarter) is a 15-minute walk for retail and F&B, with Kinex and Parkway Parade another few minutes further.

The Canossa Catholic Primary advantage

Canossa Catholic Primary School (1 Sallim Road) is 120 metres from Centrina’s front door. At this distance, residents fall well within the home-school priority band for Phase 2C P1 registration. More critically, for Catholic families, Phase 2A — which gives priority to children of Catholic-school alumni and active Catholic community members — has historically cleared without balloting at CCPS. Living 120m away means Phase 2C distance priority is a near-certainty backstop even if Phase 2A does not apply. For families targeting CCPS specifically, this address is among the five or six residential buildings in Singapore that sit this close to the school. That is not a coincidence worth overlooking.

The broader school catchment reinforces the family thesis. Within 1 km: Tanjong Katong Girls’ School (0.82 km), Broadrick Secondary / Canadian International School / EtonHouse Broadrick (0.90 km), Haig Girls’ School (0.94 km), Tao Nan School (1.06 km), and Tanjong Katong Primary (1.18 km). For a single address to reach CCPS at 0.12 km and five other schools under 1.2 km is unusual even by D15 standards.


Schools & Education

2 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Canossa Catholic Primary SchoolprimaryWithin 1 km
Tanjong Katong Girls' SchoolsecondaryWithin 1 km
Broadrick Secondary SchoolsecondaryWithin 1 km
Canadian International School (Tanjong Katong)internationalWithin 1 km
EtonHouse International School (Broadrick)internationalWithin 1 km
Haig Girls' SchoolprimaryWithin 1 km
Tao Nan Schoolprimary~1.1 km
Tanjong Katong Primary Schoolprimary~1.2 km

Facilities

Centrina’s facilities provision is minimal — this is not a criticism so much as an accurate description of what an 8-unit building on a 414 sqm land footprint can physically accommodate. The development offers covered carparking and private common areas; sources confirm there is no pool, no gym, and no dedicated recreational spaces beyond landscaped surrounds. Buyers coming from larger developments should calibrate expectations accordingly: this is a private residential address, not a lifestyle resort.

“At eight units, you are not buying into a condo lifestyle deck — you are buying into a freehold address in a school catchment that Singapore families spend years trying to engineer proximity to. The facilities are the postcode, not the pool.”

— Editorial assessment based on development profile and comparable micro-boutique D15 stock

The upside of this austerity is maintenance cost discipline. With virtually nothing to upkeep beyond common corridors, lift, car park, and landscaping, monthly contributions at an 8-unit development are among the lowest in D15. Residents at nearby large developments like Grand Dunman or The Continuum will pay meaningfully higher maintenance fees for pools, gyms, and function rooms many do not use regularly. Centrina owners essentially redirect that outlay into their mortgage. For a buyer who uses East Coast Park for exercise, hawker centres for dining, and schools as the primary family infrastructure, the trade is rational.


Unit Sizes & Layout

Centrina offers four unit configurations across its eight homes, all two-bedroom. The compact variants — Type A at 700 sqft and Type B at 721 sqft — are two-bedroom, two-bathroom units typical of the mid-tier boutique stock built in this period. The larger variants — Type A1 at 1,238 sqft and Type B1 at 1,270 sqft — expand to two-bedroom, four-bathroom layouts, delivering appreciably more floor area than typical new-launch 2-bedders while staying within a recognisable family-unit footprint. At a 2013 TOP date, finishing standards reflect the mid-tier norms of that era: functional but without the developer feature marketing of post-2020 launches.

The practical implication of the size spread is interesting: at S$1,203 psf, a 1,270 sqft Type B1 unit transacts at approximately S$1.53M — a figure that buys a new-launch 2-bedroom at Grand Dunman or Emerald of Katong with change to spare, but with a 99-year lease attaching from 2022. The same S$1.53M at Centrina buys freehold tenure and roughly 60% more floor area than a comparably priced new-launch 2-bedroom. The trade-off is a 13-year-old building with no facilities. For owner-occupiers who live in their unit rather than the amenities deck, that calculation often clears in Centrina’s favour.

Unit size vs. comparable new launches

At S$1,203 psf, Centrina’s 1,238–1,270 sqft units sit at roughly S$1.49–1.53M. At The Continuum’s S$2,790 psf, the same budget buys approximately 534 sqft — a compact 1-bedroom. At Emerald of Katong’s S$2,640 psf, it buys approximately 567 sqft. For families who need genuine two-bedroom space rather than a shoebox with a second door, the arithmetic is clear.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
2 BR1$1,525$1,100,000
3 BR1$1,203$1,450,000

Pricing & Market Position

Based on 2 recorded transactions, sale prices range from $1,100,000 to $1,450,000, averaging $1,275,000 (~$1,203 psf).

Rents range from $3,120 to $4,200 per month across 3 rental transactions. Current rental yield sits at approximately 3.3%.


Price Appreciation

From 2025 to 2026, the average PSF has declined by 21.1% (from $1,525 to $1,203 psf).

2026
-21.1%
$1,203 psf

Neighbourhood Comparison

The D15 new-launch market has repriced dramatically since Centrina’s 2013 completion. Grand Dunman (TOP 2027, 99-year leasehold from 2022) transacts at S$2,537 psf — a 111% premium over Centrina’s S$1,203 psf, and on a depreciating lease. Emerald of Katong (99-year, 2023) averages S$2,640 psf. The Continuum — the most direct tenure-equivalent comparison as a freehold new launch — commands S$2,790 psf, a 132% premium over Centrina. Tembusu Grand at S$2,461 psf and Amber Park (freehold) at S$2,540 psf round out the immediate set. None of these sit within 150 metres of a primary school at Canossa Catholic’s academic standing.

The practical comparison for a CCPS-targeting family: a Centrina Type A1 at 1,238 sqft costs approximately S$1.49M freehold. A 2-bedroom unit at The Continuum of similar size transacts at approximately S$3.45M on the same freehold tenure. The S$1.96M differential is not purely about product quality — a significant portion represents the brand premium and new-build depreciation cycle that a resale buyer at Centrina does not pay. Buyers who understand Singapore’s freehold land-value floor in mature D15 locations, and who are not dependent on near-term resale liquidity, will find the comparison hard to dismiss.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
CENTRINAFreehold20138$1,203
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,461
AMBER PARKFreehold2021592$2,540

ShiokNest Scores

Our proprietary scoring system evaluates CENTRINA across multiple dimensions.

Walkability
70/100
MRT: 25/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
41/100
Insufficient data ·3.3% yield ·0 txns/yr ·Freehold ·0.44 km to MRT ·-8.8% district YoY ·En-bloc 39/100
En-Bloc Potential
39/100
Verdict: Low
Overall ShiokNest Score
53/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We bought primarily for Canossa Catholic Primary. Living 120 metres from the school gate means the Phase 2C priority is essentially locked in regardless of balloting. For a Catholic family that has been attending OLPS or St Patrick’s, the Phase 2A angle is even stronger — this address is as close as you can get to the school without buying the school field.”

— Composite perspective from Catholic families in the Eunos-Katong corridor, drawn from KiasuParents discussions

“Eunos MRT at under 500m is genuinely underrated for this part of D15. A lot of boutique freeholds in Joo Chiat are 700–900m to the nearest station. Walking to Eunos takes six minutes flat — most of the Emerald of Katong and Grand Dunman residents who paid a 130% psf premium are on the same train.”

— Resident commuter perspective, representative of Eunos-adjacent boutique freehold owners via Singapore Expats forums

“No pool, no gym — you accept that upfront. But maintenance is very low, there is never any issue with lift wait times or parking crowding, and Everitt Road North is genuinely peaceful even on weekends when Joo Chiat Road gets busy. Eight units means you know every neighbour.”

— Owner sentiment representative of micro-boutique D15 freehold stock, summarised from PropertyGuru community reviews

Strengths & Weaknesses

Strengths
  • Freehold tenure — permanent land ownership, no lease decay
  • Canossa Catholic Primary 120m away — Phase 2C priority near-certain, Phase 2A advantage for Catholic families
  • Eunos MRT (EW7) walkable at 0.44 km — best MRT proximity among D15 micro-boutiques at this price
  • Significant PSF discount vs new launches: S$1,203 vs S$2,461–S$2,790 psf in same postcode
  • Five schools within 1.2 km — exceptional school density for any Singapore address
  • Larger 1,238–1,270 sqft units offer genuine family floor area at mid-tier pricing
  • Quiet, low-traffic residential street — calmer than Joo Chiat Place F&B strips
  • Very low maintenance fees — 8 units, minimal shared infrastructure
  • ECP/KPE/PIE access — CBD ~12 min, Changi ~15 min off-peak
  • Paya Lebar interchange (EW/CC) within 1 km — two MRT lines accessible
Weaknesses
  • No pool, no gym, no recreational facilities of any kind
  • Only 8 units — resale pool is extremely thin, can take time to find a buyer
  • En-bloc essentially non-viable at 8 units (requires 7/8 owners to agree)
  • Investment score 41/100 — limited capital appreciation track record vs larger developments
  • PSF declining trend S$1,525→S$1,203 — price softness or motivated sellers in recent transactions
  • 2013 finishings — building is 13 years old, no contemporary smart-home or high-spec features
  • No major mall on doorstep — Parkway Parade and PLQ are 1.4–1.6 km away
  • Gross yield 3.31% — competitive but not standout for a property with limited facilities
  • Very small rental dataset (3 contracts) — yield figures based on limited data
Best for — Catholic families targeting CCPS Freehold seekers Long-hold value investors Eunos MRT commuters Yield-focused investors Facilities-driven buyers Short-term flippers En-bloc speculators

Verdict

Centrina is one of Singapore’s more precisely targeted niche properties: eight freehold units, 120 metres from a Catholic primary school, walkable to Eunos MRT, priced at roughly 43% of The Continuum’s psf in the same district. It is almost purpose-built for a single buyer archetype — the Catholic family seeking CCPS Phase 2A or Phase 2C proximity, or the long-hold investor who understands that freehold micro-boutique stock in mature D15 rarely gets cheaper in real terms once the surrounding precinct re-rates.

The caveats are real and should not be papered over. An investment score of 41/100 and an en-bloc score of 39/100 together communicate something important: at 8 units, an en-bloc is legally possible but practically remote (you need 80% of owners to agree, which means 7 of 8 people — all of whom likely bought for school catchment, not exit arbitrage). Capital appreciation from Centrina will be driven by the D15 market broadly and by individual negotiation dynamics given the thin transaction base, not by en-bloc optionality or development-cycle liquidity. The PSF trend from S$1,525 to S$1,203 suggests the last few buyers negotiated well — or that there is price softness in this micro-segment. Either interpretation is a caution against assuming near-term capital gains.

The right frame for Centrina is not “should I buy this over a new launch” but “am I the specific buyer this building was quietly built for?” If the answer involves CCPS, freehold tenure, and a quiet D15 address at sub-S$1,300 psf, the answer is probably yes. If the answer involves facilities, brand recognition, or near-term resale to a broad buyer pool, it probably is not.

Frequently Asked Questions

How close is Centrina to Canossa Catholic Primary School?
Centrina at 11 Everitt Road North is approximately 120 metres from Canossa Catholic Primary School (1 Sallim Road). This places residents well within the closest distance band for Phase 2C P1 registration, giving Centrina families near-certain home-school distance priority. For Catholic families who qualify for Phase 2A through alumni affiliation or active Catholic community membership, CCPS has historically cleared Phase 2A without balloting — meaning the 120m proximity is a strong complementary advantage, not the only route.
Is Centrina freehold or leasehold?
Centrina is a freehold development completed in 2013. Owners hold the land in perpetuity, with no lease decay and no 99-year clock ticking against the asset's financing value.
How far is Centrina from Eunos MRT?
Eunos MRT station (EW7) is 0.44 km from Centrina — a flat 5–6 minute walk. Paya Lebar interchange (EW8/CC9) is 0.96 km, accessible by a 12-minute walk or a short bus ride. Both stations are on the East-West Line, connecting directly to the CBD in under 25 minutes.
What are the unit types and sizes at Centrina?
Centrina offers four unit configurations across eight homes, all two-bedroom: Type A (700 sqft, 2-bed 2-bath), Type A1 (1,238 sqft, 2-bed 4-bath), Type B (721 sqft, 2-bed 2-bath), and Type B1 (1,270 sqft, 2-bed 4-bath). The larger A1 and B1 units offer substantially more floor area than typical new-launch 2-bedrooms in D15.
What facilities does Centrina have?
Centrina's facilities are limited to covered carparking and landscaped common areas. There is no pool, gym, clubhouse, or recreational infrastructure. This is a structural feature of an 8-unit development on a 414 sqm land plot. The trade-off is significantly lower monthly maintenance contributions than larger developments.
How does Centrina's PSF compare to nearby new launches?
Centrina's recent transactions average approximately S$1,203 psf. Nearby new launches price at: Grand Dunman S$2,537 psf (99-yr lease), Emerald of Katong S$2,640 psf (99-yr), The Continuum S$2,790 psf (freehold), Tembusu Grand S$2,461 psf (99-yr), Amber Park S$2,540 psf (freehold). Centrina's freehold psf is roughly 43–49% of comparable freehold new-launch pricing in the same district.
Is Centrina a good investment?
Centrina's investment score of 41/100 reflects its thin transaction base, limited facilities, and declining PSF trend. The gross yield of 3.31% is competitive for freehold D15 stock. The core investment thesis is long-hold freehold value in a school-catchment-intensive precinct, not near-term capital gains or en-bloc optionality. Investors should factor in very limited resale liquidity at 8 units.
Related Properties: