De Centurion

D15 (OCR) Freehold
District 15 ·Freehold ·Completed 2009
~$2,035 Avg PSF (12-month)
2.4% Rental yield
42 Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
8.0
MRT accessibility
9.0
Lease remaining
9.5

Overview & Key Facts

De Centurion is a small freehold boutique development sitting on Tanjong Rhu Road in District 15, a stone’s throw from the upcoming Katong Park MRT station on the Thomson-East Coast Line. Developed by Target Home Pte Ltd and completed in 2009, the project consists of just 42 units — a deliberately intimate counterpoint to the mega-launches that have come to define this corner of the East Coast.

Tanjong Rhu has long been one of Singapore’s quieter waterfront enclaves, anchored by upscale freehold developments, the Singapore Swimming Club, and direct frontage onto the Kallang Basin. De Centurion sits at the western edge of this enclave, close to Mountbatten and the Stadium / Sports Hub axis — a location that has historically traded MRT proximity for tranquility, but which is being meaningfully re-rated by the opening of Katong Park MRT just 150 metres from the doorstep.

At 42 units, the development is squarely in boutique territory — for context, neighbouring launches like Grand Dunman (1,008 units) and Emerald of Katong (846 units) are an order of magnitude larger. That scale difference defines almost everything about the De Centurion experience: facilities are thin, density is low, neighbours are familiar faces, and the freehold tenure makes it a genuine long-hold play rather than a launch flip.

Developer
TARGET HOME PTE LTD
Tenure
Freehold
Total units
42
TOP year
2009
District
15 — RCR
Street
TANJONG RHU ROAD

Location & Connectivity

The headline locational story at De Centurion is Katong Park MRT on the Thomson-East Coast Line, which sits roughly 150 metres from the development — a true sub-2-minute walk. This is genuinely transformational for a property that, until the TEL extension, sat in a transit-poor pocket reliant on bus connections to Mountbatten and Dakota. With Katong Park live, residents now have direct rail access to Marina Bay, Orchard, and the Woodlands corridor without needing a car.

Beyond Katong Park, residents have Mountbatten MRT (Circle Line) at 0.83 km, Stadium MRT at 1.10 km, and Dakota MRT at 1.17 km — giving the development practical access to three MRT lines within a 15-minute walking radius. Tanjong Katong MRT (TEL) at 1.21 km adds further redundancy. For an East Coast property, this is one of the better transit envelopes available, especially considering most of these stations were not in service when the project was first launched.

For drivers, the ECP is a 2-minute drive away, with the CBD reachable in 10–12 minutes off-peak and Changi Airport in around 15 minutes. Marina Bay Sands and Gardens by the Bay are roughly 6 minutes by car. The location also benefits from direct access to the East Coast Park Connector network — residents can cycle to East Coast Park or the Marina Reservoir without crossing major roads.

Daily amenities are decent rather than abundant. Kallang Wave Mall and the Singapore Sports Hub are about 1.2 km away, offering an Olympic pool, retail, F&B, and Singapore’s largest indoor stadium. Old Airport Road Food Centre — arguably one of the country’s top-three hawker centres — is around 1.5 km away. Katong’s 112 Katong mall and the Joo Chiat shophouse F&B strip are reachable in 8–10 minutes by car.

The Katong Park MRT effect
Properties immediately adjacent to new MRT stations historically see a 5–15% PSF re-rating in the 12–24 months after station opening. De Centurion’s 0.15 km distance puts it in the very top tier for the Katong Park catchment — closer than most surrounding freehold blocks. Buyers should weigh this against the fact that part of this premium may already be priced in following the TEL Stage 4 opening.

Schools & Education

Nearby Schools
SchoolTypeDistance
One World International School (Mountbatten)international~1.1 km
Geylang Methodist School (Primary)primary~1.5 km
Geylang Methodist School (Secondary)secondary~1.6 km
Tanjong Katong Primary Schoolprimary~1.7 km
Haig Girls' Schoolprimary~1.8 km
Tao Nan Schoolprimary~1.8 km
Kong Hwa Schoolprimary~1.9 km
CHIJ (Katong) Primaryprimary~2.0 km

Facilities

Let’s be honest about scale: a 42-unit boutique cannot offer the facilities breadth of a 1,000-unit mega-development, and De Centurion does not pretend otherwise. The development provides the boutique-condo essentials — a swimming pool, a small gym, a BBQ pavilion, and basic landscaping — without the resort-style flourishes that larger developments use to justify their maintenance fees. There is no tennis court, no function room large enough for a substantial gathering, no children’s water playground, and no secondary lap pool.

“You buy a place like this for the location and the freehold — not for the facilities. If you want the kids to spend the weekend in a clubhouse, this isn’t it. If you want a quiet swim before work and to be left alone, it’s perfect.”

— Resident sentiment via Singapore Expats forum

The trade-off is meaningful in two directions. On the upside, monthly maintenance fees at boutique freeholds in this band typically run S$280–380 — a fraction of what large mega-developments charge once their pool of shared amenities expands. With only 42 units sharing the upkeep, however, per-unit cost-sharing is less efficient than at a 500-unit project, so absolute fees are higher than the size suggests. On the downside, the pool and gym do see queues at peak hours, and there is essentially zero in-compound retail or childcare — everything happens off-site.

For buyers used to mega-condo amenities, De Centurion will feel sparse. For buyers prioritising a quiet, low-density freehold address with the Sports Hub’s public Olympic pool and gym a 5-minute drive away, the calculus inverts — you essentially treat the Sports Hub as your “extended facilities” for a fraction of the maintenance levy you would pay at a comparable mega-development.


Unit Sizes & Layout

With only 42 units in total and a relatively narrow transaction history (just 8 resale transactions on record), unit-level data is sparser than at larger developments. The mix is heavily weighted toward 2-bedroom and 3-bedroom layouts typical of late-2000s freehold boutique stock — expect units in the 800–1,200 sqft band for the 2-BR / 3-BR core, with a small number of larger 4-bedroom units at the top end. Average transacted price over the last 12 months sits around S$1.54M with a median of S$1.73M, implying a typical buyer is acquiring a 2- to 3-bedder in the S$1.4M–S$1.9M range.

At an average PSF of S$2,035 over the last 12 months, De Centurion sits at a meaningful discount to the surrounding new launches: Grand Dunman trades at ~S$2,537 psf, Emerald of Katong at ~S$2,640, The Continuum (also freehold) at ~S$2,790, and Amber Park (freehold) at ~S$2,540. The PSF gap of roughly 20–35% reflects De Centurion’s 2009 vintage, smaller scale, and lighter facilities — not a fundamental defect.

Stack and unit selection
In a 42-unit development, individual unit selection matters more than at a mega-condo where stack patterns repeat across multiple blocks. Units facing inward to the pool offer the best noise insulation from Tanjong Rhu Road, while higher-floor units capture partial Kallang Basin and city-fringe views. With limited inventory turnover (averaging 1–2 resales per year), buyers may need to be patient for the right unit to surface — checking PropertyGuru and 99.co listings monthly is realistic.

A 4-year PSF trend reads $1,624 → $1,838 → $1,827 → $2,035 — a cumulative move of roughly +25% with the bulk of the gain coming through 2025–2026 alongside the broader D15 freehold re-rating. That trajectory is consistent with the wider East Coast freehold market and suggests the boutique-vs-mega discount has held remarkably stable rather than widening.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR2$1,626$927,500
2 BR2$1,884$1,460,000
3 BR4$1,804$1,883,750

Pricing & Market Position

Based on 8 recorded transactions, sale prices range from $875,000 to $2,125,000, averaging $1,538,750 (~$2,035 psf).

Rents range from $2,050 to $4,700 per month across 59 rental transactions. Current rental yield sits at approximately 2.4%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 25.3% (from $1,624 to $2,035 psf).

2022
+13.2%
$1,838 psf
2024
-0.6%
$1,827 psf
2026
+11.4%
$2,035 psf

Neighbourhood Comparison

The competitive set splits into two distinct buckets. Against the new launches — Grand Dunman, Emerald of Katong, Tembusu Grand — De Centurion offers a 20–35% PSF discount and freehold tenure (vs their 2022/2023 99-year leases), but loses on facilities, finishings, and unit-mix flexibility. Grand Dunman in particular has set the new benchmark for D15 amenity provision with its 1,008-unit scale and full clubhouse spec; De Centurion cannot compete on that axis and isn’t trying to.

Against the freehold comparables — The Continuum (~S$2,790 psf) and Amber Park (~S$2,540 psf) — De Centurion sits at a clear discount, but those projects are larger, newer, and offer the facility profile that mid-market buyers expect at S$2,500+ psf. They also offer better resale liquidity. For a buyer comparing freeholds purely on a price-per-foot basis, De Centurion is the cheapest entry into a freehold D15 address with sub-200m MRT access — but the lower price comes with smaller scale, older fittings, and a longer time-to-sell when you exit.

The more honest comparison is against other small freehold boutiques in Tanjong Rhu, Mountbatten, and Katong — many of which sit in the same vintage band (2007–2012), trade in a similar S$1,800–2,200 psf range, and offer comparable facilities. On that comparison, De Centurion’s primary differentiator is the Katong Park MRT proximity, which most boutique competitors at greater distances simply do not have. That is the locational asset worth paying for.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
DE CENTURIONFreehold200942$2,035
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 DE CENTURION across multiple dimensions.

Walkability
60/100
MRT: 25/25, School: 12/20, Hawker: 15/15, Mall: 8/15, Park: 0/10, Supermarket: 0/10, Clinic: 0/5
Investment
41/100
Insufficient data ·3.2% yield ·0 txns/yr ·Freehold ·0.15 km to MRT ·-8.8% district YoY ·En-bloc 45/100
En-Bloc Potential
45/100
Verdict: Moderate
Overall ShiokNest Score
53/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Quiet, low-density, and the new Katong Park MRT is genuinely 2 minutes from the gate. The freehold piece is what made us pull the trigger — we wanted something we could pass on without worrying about lease decay in 30 years.”

— Owner-occupier sentiment via PropertyGuru

“Don’t buy here expecting a clubhouse or a tennis court — it’s a small project and the facilities are exactly what you’d expect at this size. We use the Sports Hub for serious gym and pool sessions and the in-house pool for a quick dip.”

— Resident review via Singapore Expats

“Maintenance fees feel a bit steep relative to what’s on offer, which is the boutique-condo problem — you have a small pool of unit-owners sharing fixed building costs. But the location and the freehold compensate.”

— Tenant-turned-buyer commentary via EdgeProp

The pattern across boutique-condo reviews in this part of D15 is consistent: residents trade facility breadth for location, freehold tenure, and quiet living, and most do so knowingly. The Katong Park MRT opening has measurably shifted resident sentiment — pre-2024 reviews of De Centurion frequently cited transit access as the primary weakness, while more recent commentary now treats it as a genuine strength.


Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease decay overhang
  • Katong Park MRT (TEL) at just 0.15 km — sub-2-minute walk
  • Three MRT lines within 1.25 km (TEL, CCL)
  • 20–35% PSF discount vs surrounding new launches
  • Low-density boutique living — only 42 units
  • Quiet Tanjong Rhu address with East Coast Park access
  • ECP and CBD ~10–12 minutes by car
  • 4-year price appreciation of roughly +25% (2022–2026)
  • Sports Hub, Old Airport Road, and Katong amenities all <2 km
  • Sub-2,100 psf entry into a sought-after D15 freehold pocket
Weaknesses
  • Minimal facilities — no tennis, no function room, no playground
  • Thin resale liquidity — only 1–2 resales per year on average
  • Maintenance fees relatively high per unit due to small pool of owners
  • Gross rental yield of 2.43% is on the lower end of D15 freehold band
  • No in-compound childcare, retail, or F&B
  • Older 2009 fittings — buyers should budget renovation costs
  • Limited unit-mix flexibility — narrow choice when buying or selling
  • Pool and gym can queue during peak evening hours
  • Less suitable for families wanting full clubhouse amenities
Best for — Couples and downsizers Long-hold own-stay buyers Freehold seekers MRT-dependent commuters Privacy-focused residents Families with young children Yield-focused investors Short-term flippers (<3 yr)

Verdict

De Centurion is a niche product, and that is both its strength and its limitation. For a buyer who specifically wants a freehold address in Tanjong Rhu, walking distance to Katong Park MRT, with low-density living and a willingness to forego mega-condo facilities, it is one of the more defensible value propositions in District 15 right now. The PSF discount versus surrounding new launches is real (20–35%), the freehold tenure removes the lease-decay overhang that increasingly preoccupies buyers, and the location has been structurally upgraded by the TEL opening in a way that the 2009-vintage launch pricing never anticipated.

The trade-offs are equally honest. With only 42 units, liquidity is thin — you are not going to find a buyer overnight when you decide to exit, and price discovery on any given week is difficult because comparable sales simply don’t happen often enough. Facilities are minimal, so families with young children who value pool decks, water playgrounds, and clubhouse spaces will likely prefer Grand Dunman or Emerald of Katong despite their higher PSF and 99-year tenure. Investment-grade rental yield at 2.43% gross is on the lower end of the D15 freehold band, reflecting the higher capital values now being asked.

Net-net: De Centurion is best understood as a long-hold own-stay or legacy asset for a couple, small family, or downsizer who values walking distance to MRT, the Tanjong Rhu address, and freehold tenure above amenity breadth and resale velocity. For pure investors targeting yield or short-cycle capital gains, the case is weaker — the rental market here clears, but it doesn’t reward the boutique premium you pay on the way in.

Frequently Asked Questions

How far is De Centurion from the nearest MRT station?
Katong Park MRT on the Thomson-East Coast Line is approximately 0.15 km away — a sub-2-minute walk from the development gate. Mountbatten MRT (Circle Line) is 0.83 km away, with Stadium and Dakota stations both within 1.2 km.
Is De Centurion freehold?
Yes. De Centurion is a freehold development developed by Target Home Pte Ltd and completed in 2009, removing the lease-decay concerns that affect 99-year leasehold projects in the area.
What is the average PSF price at De Centurion in 2026?
Based on the last 12 months of transactions, the average PSF at De Centurion is approximately S$2,035, with a median transaction price of S$1,725,000. This represents a 20–35% discount to surrounding new launches such as Grand Dunman and Emerald of Katong.
How does De Centurion compare to Grand Dunman and Emerald of Katong?
De Centurion is much smaller (42 units vs 1,008 at Grand Dunman and 846 at Emerald of Katong), older (2009 vs 2026/2027 TOP), and offers freehold tenure vs their 99-year leases. PSF is 20–35% cheaper, but facilities are minimal and resale liquidity is thinner.
What is the rental yield at De Centurion?
Gross rental yield is approximately 2.43% based on an average rent of S$3,448/month against the average transaction price of S$1.54M. This is on the lower end of the D15 freehold band, reflecting elevated capital values relative to rental rates.
How many units does De Centurion have, and how often do they trade?
De Centurion has 42 units in total. Resale activity is thin — averaging 1 to 2 transactions per year — so buyers may need patience to secure a preferred stack or layout.