Double Bay Residences

D18 (OCR) 99 yrs lease commencing from 2008

Located in District 18 (Tampines, Pasir Ris), Double Bay Residences is a 99-year leasehold condominium in the Outside Central Region (OCR). Completed in 2012, the development comprises 646 units, on a lease that commenced in 2008. Sale and rental figures on this page are compiled from URA transaction records.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
6.5
ShiokNest Score
Good
Total Units646
TOP Year2012

DOUBLE BAY RESIDENCES

Total Units646
TOP Year2012
DeveloperSECURE VENTURE DEVELOPMENT (SIMEI) PTE LTD
Tenure99 yrs lease commencing from 2008
DistrictD18 · OCR
Median PSF · 12m$1,468 psf
Median price · 12m$1,820,000
Median Rent · 12m$4,300/mo
Gross Yield2.8%

Over the 12 months to May 2026, Double Bay Residences recorded 23 resale transactions at a median $1,468 psf (median price $1,820,000), and 125 rental contracts at a median $4,300/mo, a gross rental yield of 2.8%. Source: URA caveat data, as of May 2026.

Double Bay Residences's median of $1,468 psf over the trailing 12 months places its pricing above roughly 57% of District 18 condos; resale liquidity has been active with 23 caveats lodged; the 2.8% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.

Recent transactions
Date Price PSF Size (sqft) Floor Type
May-26 $1,360,000 $1,452 psf 936 sqft 11 to 15 2BR
Apr-26 $1,480,000 $1,478 psf 1,001 sqft 06 to 10 3BR
Apr-26 $1,470,000 $1,468 psf 1,001 sqft 01 to 05 3BR
Apr-26 $1,252,000 $1,337 psf 936 sqft 01 to 05 2BR
Apr-26 $1,488,000 $1,486 psf 1,001 sqft 01 to 05 3BR
Mar-26 $1,925,000 $1,466 psf 1,313 sqft 06 to 10 3BR
Mar-26 $1,845,000 $1,453 psf 1,270 sqft 01 to 05 3BR
Mar-26 $1,450,000 $1,448 psf 1,001 sqft 06 to 10 3BR

Can I afford Double Bay Residences?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,820,000.

6.5
ShiokNest Score

En-Bloc Potential

14/100

A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.

Neighbourhood Score

100/100

Investment Score

69/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals