Elite Residences
Located in District 15 (Joo Chiat, Amber Road, Katong), Elite Residences is a freehold condominium in the Outside Central Region (OCR). This page tracks recorded sale prices, rental contracts and yield trends from URA data. Nearby developments in District 15 can be compared on ShiokNest's district analytics pages.
Over the 12 months to Sep 2025, Elite Residences recorded 1 resale transaction at a median $866 psf (median price $3,320,000), and 1 rental contract at a median $6,500/mo, a gross rental yield of 2.3%. Source: URA caveat data, as of Sep 2025.
Elite Residences's median of $866 psf over the trailing 12 months places its pricing below roughly 99% of District 15 condos; resale liquidity has been limited with 1 caveat lodged; the 2.3% 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.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Sep-25 | $3,320,000 | $866 psf | 3,832 sqft | - | 5BR |
| Nov-24 | $2,900,000 | $776 psf | 3,735 sqft | - | 5BR |
| Jul-22 | $3,100,000 | $809 psf | 3,832 sqft | - | 5BR |
Can I afford Elite Residences?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $3,320,000.
En-Bloc Potential
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.