Coastline Residences

D15 (OCR) Freehold
District 15 ·Freehold ·Completed 2021
~$2,801 Avg PSF (12-month)
2.7% Rental yield
144 Total units
Category Ratings
Facilities
7.0
Unit size & layout
6.5
Value for money
7.0
Neighbourhood
8.5
MRT accessibility
5.5
Lease remaining
10.0

Overview & Key Facts

Coastline Residences stands at 7–9 Amber Road in District 15, one of Singapore’s most established east-coast residential enclaves. Developed by a consortium led by Sustained Land, Ho Lee Group, Goodland Group, and Kwong Lee Land, the development replaced the former Parkway Mansion through a collective sale completed in December 2017. It was completed in 2021 with 144 freehold units across two 21-storey towers.

The architectural design draws deliberate inspiration from the nearby coastline — undulating facade curves evoke ocean waves, and the building orientation maximises sea-facing exposure for upper-floor units. At 144 units, Coastline Residences sits in the mid-boutique range: small enough to avoid the crowding issues of mega-developments, but large enough to support a meaningful suite of facilities including a rooftop infinity pool.

The Amber Road address carries weight in Singapore’s property market. This stretch of District 15 has seen significant new development activity, with Grand Dunman and The Continuum joining the neighbourhood. Coastline Residences’ freehold status gives it a structural advantage over these 99-year newcomers — a distinction that matters increasingly as buyers become more lease-conscious.

Developer
Tenure
Freehold
Total units
144
TOP year
2021
District
15 — RCR
Street
AMBER ROAD

Location & Connectivity

The East Coast has long been one of Singapore’s most liveable corridors, and Amber Road sits at its heart. Parkway Parade, the anchor mall for the Marine Parade community, is approximately 650 metres away — a manageable 10-minute walk that provides access to Cold Storage, cinema, food court, and a wide retail mix. East Coast Park, with its beaches, cycling paths, and hawker centres, is similarly accessible.

MRT connectivity has been the historical weakness of the Amber Road area, but the Thomson-East Coast Line is changing that calculus. Tanjong Katong MRT (TE25) is approximately 790 metres away, and Marine Parade MRT (TE26) is 860 metres. Neither qualifies as doorstep proximity, but both are walkable, and the TEL provides a direct line to the CBD and northern Singapore. Via the ECP, drivers can reach Marina Bay in approximately 10 minutes and Changi Airport in 15 to 20 minutes.

For families, the CHIJ (Katong) Primary school catchment at 720 metres is a significant draw. The broader Katong-Joo Chiat neighbourhood offers a rich cultural and dining scene that newer districts simply cannot replicate — from Peranakan heritage shophouses to acclaimed local food establishments.

Sea views and future-proofing
Upper-floor units facing south enjoy sea views that are increasingly rare in Singapore’s built-up east coast. The freehold tenure means these views can be enjoyed without the ticking clock of lease decay — a meaningful differentiator when reselling to the next generation of buyers who may place even greater weight on remaining lease length.

Schools & Education

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

Nearby Schools
SchoolTypeDistance
CHIJ (Katong) PrimaryprimaryWithin 1 km
Tanjong Katong Primary SchoolprimaryWithin 1 km
Tao Nan SchoolprimaryWithin 1 km
Broadrick Secondary Schoolsecondary~1.0 km
Canadian International School (Tanjong Katong)international~1.0 km
EtonHouse International School (Broadrick)international~1.0 km
Tanjong Katong Girls' Schoolsecondary~1.1 km
Haig Girls' Schoolprimary~1.3 km

Facilities

Coastline Residences packages its facilities thoughtfully for 144 units. The ground-level features a 50-metre lap pool, aqua gym, children’s pool, adventure playground, yoga lawn, and garden terraces on every level. The signature amenity is the 21st-floor rooftop infinity pool and BBQ area, which offers panoramic sea views — a genuine lifestyle differentiator rather than a marketing gimmick.

“Super nice condo with lots of facilities at a great location! The rooftop pool with sea views is genuinely special — feels like being at a boutique resort.”

— Resident review via 99.co

The facility set is appropriate for the scale but lacks some amenities that larger developments take for granted — there is no tennis court, no full-sized function room, and the gym is modestly sized. Residents seeking a comprehensive sports-and-recreation programme may find the offering limiting, though the proximity to East Coast Park largely compensates for outdoor activity needs.


Unit Sizes & Layout

The 144 units span one-bedroom to three-bedroom layouts plus penthouse suites with up to five bedrooms. Two-bedroom units make up the bulk of inventory, targeting the young professional and small-family demographic that dominates the east-coast rental market. Unit sizes are competitive for a 2021-completion development, though they follow the modern trend of efficiency-optimised layouts rather than the more generous proportions of older freehold projects in the area.

Stack selection is particularly important at Coastline Residences. South-facing units capture sea views and prevailing breezes, commanding a premium over north-facing stacks that look toward the Amber Road streetscape. Higher floors in the sea-facing stacks benefit from genuinely unobstructed views — the low-rise character of the surrounding neighbourhood means there is limited risk of future obstruction from the south.

Investment consideration
The two-bedroom units offer the strongest rental demand profile in this location, driven by the east-coast expatriate community and young professionals. The freehold status supports long-term capital appreciation without the lease decay that erodes 99-year competitors like Grand Dunman over time.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR17$2,572$1,162,758
2 BR44$2,629$1,893,490
3 BR30$2,504$2,798,567

Pricing & Market Position

Based on 91 recorded transactions, sale prices range from $1,063,000 to $3,420,000, averaging $2,055,357 (~$2,801 psf).

Rents range from $3,000 to $15,000 per month across 121 rental transactions. Current rental yield sits at approximately 2.7%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 8.1% (from $2,489 to $2,689 psf).

2024
+3.2%
$2,834 psf
2025
+3.2%
$2,925 psf
2026
-8.1%
$2,689 psf

Neighbourhood Comparison

The District 15 competitive landscape is active. Grand Dunman at $2,537 psf is a mega-development with 1,008 units and comprehensive facilities, but carries a 99-year lease — making it a fundamentally different proposition for long-term holders. The Continuum at $2,790 psf is freehold with a larger unit count (816 units), offering comparable tenure security with a newer build at similar pricing. Amber Park at $2,536 psf provides another freehold option with a more established track record.

Coastline Residences’ advantage is its boutique scale (144 units vs 800+ at competitors), completed status (no construction risk), and the rooftop infinity pool with sea views. The disadvantage is a smaller facility set and compact units compared to the mega-developments. For buyers who prioritise intimate scale, proven product, and east-coast lifestyle over maximum amenities, Coastline Residences makes a compelling case.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
COASTLINE RESIDENCESFreehold2021144$2,801
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$2,462
AMBER PARKFreehold2021592$2,544

ShiokNest Scores

Our proprietary scoring system evaluates COASTLINE RESIDENCES across multiple dimensions.

Walkability
58/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 3/5
Investment
53/100
+2.4% YoY ·3.0% yield ·6 txns/yr ·Freehold ·0.79 km to MRT ·-8.8% district YoY ·En-bloc 35/100
Profitability
57/100
Win rate: 88 — 8 transaction pairs, 88% profitable, avg +$184,972
En-Bloc Potential
35/100
Verdict: Low
Overall ShiokNest Score
55/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“The location is excellent — East Coast Park for morning runs, Parkway Parade for groceries, and the new MRT makes commuting much easier than it used to be. The rooftop pool is the highlight.”

— Resident review via 99.co

“Good quality finishes for the price point. Management keeps common areas clean. The only complaint is the gym could be bigger — it gets crowded during peak evening hours.”

— Resident review via PropertyGuru

“Units are a bit compact, especially the two-bedders. You need to be creative with storage. But the sea breeze and the neighbourhood more than make up for it.”

— Resident review via EdgeProp

Strengths & Weaknesses

Strengths
  • Freehold tenure on Amber Road — increasingly rare in D15
  • Sea-facing rooftop infinity pool with panoramic views
  • Boutique 144-unit scale — low density, minimal crowding
  • Completed product — no construction wait or delay risk
  • East Coast Park lifestyle within walking distance
  • Thomson-East Coast Line improving MRT access
  • CHIJ (Katong) Primary within 1 km school catchment
  • Strong east-coast expatriate rental demand
  • Quality architectural design with wave-inspired facade
  • Garden terraces on every level
Weaknesses
  • MRT stations 790–860m away — not doorstep proximity
  • Compact unit sizes, especially two-bedroom layouts
  • Gym is modest — can be crowded during peak hours
  • No tennis court or large function room
  • Premium PSF vs 99-year alternatives like Grand Dunman
  • Neighbourhood becoming denser with new project completions
  • Limited three-bedroom and larger unit supply
  • Street-level parking access can be congested
Best for — East-coast lifestyle seekers Freehold tenure priority Young professionals / couples CHIJ Katong school catchment Expatriate tenants (east coast) Downsizers from landed Large families needing 4+ bedrooms MRT-dependent daily commuters

Verdict

Coastline Residences occupies a distinctive position in the District 15 landscape: it is one of the few freehold options completed in recent years, in a neighbourhood that is increasingly dominated by 99-year new launches. At an average of $2,792 psf, it sits between Grand Dunman ($2,537 psf, 99-year) and The Continuum ($2,790 psf, freehold) — competitive pricing for what the freehold tenure delivers.

The 2.67% gross yield is respectable for a freehold east-coast address, and the combination of TEL connectivity improvements, established neighbourhood amenities, and cultural cachet makes for a solid long-term holding thesis. The east coast has historically been one of Singapore’s most resilient residential corridors, and Amber Road benefits from this track record.

The main reservations are the MRT walk distance (790 to 860 metres to the nearest TEL stations) and the relatively compact unit sizes that may not appeal to families needing three or more bedrooms with generous living space. Buyers should also be aware that the neighbourhood is becoming denser as new projects complete, which may affect the exclusivity that early buyers enjoyed.

Frequently Asked Questions

Is Coastline Residences freehold?
Yes, Coastline Residences holds freehold tenure — one of the few recently completed freehold options along the Amber Road stretch of District 15.
How far is Coastline Residences from the MRT?
Tanjong Katong MRT (TE25) is approximately 790 metres away and Marine Parade MRT (TE26) is approximately 860 metres. Both are on the Thomson-East Coast Line.
What is the average PSF at Coastline Residences?
Based on recent transactions, the average PSF is approximately S$2,792, with transactions ranging from around S$2,477 to S$3,125 psf.
How does Coastline Residences compare to Grand Dunman?
Grand Dunman is a 1,008-unit mega-development at $2,537 psf with 99-year lease and comprehensive facilities. Coastline Residences is a 144-unit boutique freehold at $2,792 psf with more intimate scale and a rooftop sea-view pool. The key trade-off is scale and facilities vs freehold tenure and exclusivity.
What is the rental yield at Coastline Residences?
The current gross rental yield is approximately 2.67%, supported by strong east-coast expatriate rental demand and the freehold tenure that eliminates lease decay concerns.