Overview & Key Facts
KEMBANGAN PLAZA is a freehold condominium at JALAN MASJID in District 14 (OCR), developed by , comprising 18 units, completed in 1994.
Location & Connectivity
KEMBANGAN PLAZA is approximately 60m from Kembangan MRT station, with 2 stations within 1.5 km.
Schools & Education
11 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 850m |
| Canossa Catholic Primary School | Primary | 1.3 km |
| Chung Cheng High School (Main) | Secondary | 1.4 km |
| East Coast Primary School | Primary | 1.6 km |
| Global Indian International School (GIIS East Coast) | International | 1.6 km |
| Temasek Junior College | JC | 1.8 km |
| Temasek Primary School | Primary | 1.8 km |
| Tanjong Katong Girls' School | Secondary | 1.8 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,405 psf | $1,240,000 |
| 5+ BR | 1 | $1,149 psf | $2,250,000 |
Market Position
KEMBANGAN PLAZA has recorded 3 sales at an average price of $1,576,667.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2022 | 1 | $1,246 psf | — |
| 2024 | 1 | $1,149 psf | ↓ 7.8% |
| 2026 | 1 | $1,563 psf | ↑ 36.1% |
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KEMBANGAN PLAZA prices sit at a fresh series high after a 36.1% gain on the prior period, now 25.5% above the 2022 starting level.
Price Index Check
The ShiokNest Price Index for District 14 reads 119.9 as of June 2026 — down 6.9% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PARC ESTA | 99 yrs lease commencing from 2018 | $2,188 psf | 496 |
| SIMS URBAN OASIS | 99 yrs lease commencing from 2014 | $1,766 psf | 375 |
| PENROSE | 99 yrs lease commencing from 2019 | $1,933 psf | 359 |
| EUHABITAT | 99 yrs lease commencing from 2010 | $1,331 psf | 244 |
| THE ANTARES | 99 yrs lease commencing from 2018 | $1,835 psf | 230 |
What Could Work Against You
- Only 1 transaction were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 18 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1994, the development is over 32 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and first-time hdb upgraders. Located ~65m from Kembangan MRT, this property is a comfortable daily walk for transit commuters.
For en-bloc speculators, it can work — but weigh the trade-offs before committing.
It is a weaker fit for families with young children and short-term flippers (<5 yr) — other options likely serve them better. Editorial anti-fit: 'Families needing full children's facilities'. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
KEMBANGAN PLAZA is a freehold development in District 14 (OCR), with 18 units, offering a gross yield of 2.4%.
At ~$1,563 psf, it represents a competitive entry point in the OCR segment.
Explore the full KEMBANGAN PLAZA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing KEMBANGAN PLAZA against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (280m away), an upgrader gap of about $900,000
- Geylang — 4-room average $761,443 (880m away), an upgrader gap of about $800,000
- Marine Parade — 4-room average $648,065 (1.6 km away), an upgrader gap of about $950,000
FAQ
What is the average PSF for KEMBANGAN PLAZA?
Is KEMBANGAN PLAZA freehold?
What is the rental yield for KEMBANGAN PLAZA?
Which MRT is nearest to KEMBANGAN PLAZA?
Sources & Next Steps
- KEMBANGAN PLAZA Dashboard — Live charts and analytics
- URA — Official transaction data
- District 14 (Geylang, Eunos) — District 14 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions
- Rental data: 28 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 3 records analysed · Source: URA private-sale caveats