Axis @ Siglap
Axis @ Siglap is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Outside Central Region (OCR). The development was completed in 2009 and comprises 40 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
AXIS @ SIGLAP is a freehold condominium at EAST COAST TERRACE in District 15 (OCR), developed by ROXY HOMES PTE LTD, comprising 40 units, completed in 2009.
Location & Connectivity
AXIS @ SIGLAP is approximately 240m from Siglap MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Siglap | Thomson-East Coast Line | 240m |
| Marine Terrace | Thomson-East Coast Line | 1.3 km |
Schools & Education
10 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| East Coast Primary School | Primary | 80m |
| Global Indian International School (GIIS East Coast) | International | 90m |
| Chung Cheng High School (Main) | Secondary | 190m |
| Telok Kurau Primary School | Primary | 1.2 km |
| Victoria School | Secondary | 1.2 km |
| Victoria Junior College | JC | 1.2 km |
| Temasek Junior College | JC | 1.3 km |
| Temasek Primary School | Primary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 3 | $1,632 psf | $1,382,667 |
| 3 BR | 3 | $1,383 psf | $1,490,000 |
| 4 BR | 5 | $1,121 psf | $1,975,000 |
Market Position
AXIS @ SIGLAP has recorded 11 sales at an average price of $1,681,182.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 4 | $1,213 psf | — |
| 2022 | 2 | $1,260 psf | ↑ 3.9% |
| 2023 | 1 | $1,228 psf | ↓ 2.5% |
| 2025 | 2 | $1,544 psf | ↑ 25.7% |
| 2026 | 2 | $1,481 psf | ↓ 4.0% |
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AXIS @ SIGLAP prices have cooled 4.0% from the 2025 peak, yet remain 22.2% above 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.
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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 3 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 40 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
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, freehold / generational hold and boutique low-density (<100 units). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
empty nesters / downsizers and long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.
yield-focused investors and resort facilities should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
AXIS @ SIGLAP is a freehold development in District 15 (OCR), with 40 units, offering a gross yield of 2.6%.
At ~$1,513 psf, it represents a competitive entry point in the OCR segment.
Explore the full AXIS @ SIGLAP dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing AXIS @ SIGLAP against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (970m away), an upgrader gap of about $1,050,000
- Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $1,000,000
FAQ
What is the average PSF for AXIS @ SIGLAP?
Is AXIS @ SIGLAP freehold?
What is the rental yield for AXIS @ SIGLAP?
Which MRT is nearest to AXIS @ SIGLAP?
Sources & Next Steps
- AXIS @ SIGLAP 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: 11 transactions
- Rental data: 67 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2026 · 11 records analysed · Source: URA private-sale caveats