Overview & Key Facts
RICCHEZZA is a freehold condominium at LORONG M TELOK KURAU in District 15 (OCR), developed by BRAVO BUILDING CONSTRUCTION PTE LTD, comprising 16 units, completed in 2009.
Location & Connectivity
RICCHEZZA is approximately 550m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 550m |
| Kembangan | East-West Line | 1.1 km |
| Siglap | Thomson-East Coast Line | 1.2 km |
| Marine Parade | Thomson-East Coast Line | 1.4 km |
Schools & Education
14 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 270m |
| Chung Cheng High School (Main) | Secondary | 780m |
| East Coast Primary School | Primary | 1 km |
| Global Indian International School (GIIS East Coast) | International | 1 km |
| Canadian International School (Tanjong Katong) | International | 1.6 km |
| Tanjong Katong Girls' School | Secondary | 1.6 km |
| Canossa Catholic Primary School | Primary | 1.7 km |
| CHIJ (Katong) Primary | Primary | 1.7 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,337 psf | $1,180,000 |
| 3 BR | 3 | $1,290 psf | $1,426,296 |
Market Position
RICCHEZZA has recorded 4 sales at an average price of $1,364,722.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,288 psf | — |
| 2022 | 1 | $1,392 psf | ↑ 8.1% |
| 2024 | 1 | $1,239 psf | ↓ 11.0% |
Loading chart data...
RICCHEZZA prices have cooled 11.0% from the 2022 peak, yet remain 3.8% below where the series began in 2021.
Price Index Check
The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% 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.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 913 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 783 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 645 |
| AMBER PARK | Freehold | $2,549 psf | 397 |
What Could Work Against You
- Only 0 transactions 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 16 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for families with young children, mrt-walkable commuters, car-owning households and p1 school balloting families. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For quiet sanctuary seekers and yield-focused investors, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2009 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
RICCHEZZA is a freehold development in District 15 (OCR), with 16 units, offering a gross yield of 2.8%.
Explore the full RICCHEZZA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing RICCHEZZA against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (530m away), an upgrader gap of about $700,000
- Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $700,000
- Geylang — 4-room average $761,443 (1.6 km away), an upgrader gap of about $600,000
FAQ
What is the average PSF for RICCHEZZA?
Is RICCHEZZA freehold?
What is the rental yield for RICCHEZZA?
Which MRT is nearest to RICCHEZZA?
Sources & Next Steps
- RICCHEZZA Dashboard — Live charts and analytics
- URA — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 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: 4 transactions
- Rental data: 22 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2024 · 4 records analysed · Source: URA private-sale caveats