Fivenine

Overview & Key Facts

FIVENINE is a boutique freehold condominium nestled along the quiet, tree-lined Lorong K Telok Kurau in District 15. Completed in 2020 and developed by Macly K Pte Ltd — a Singapore developer with over three decades of experience crafting compact, quality freehold projects — the development takes its name directly from its address at No. 59, a naming convention that signals intimate scale and neighbourhood identity over marketing gloss.

With just 15 units across five storeys, FIVENINE is unambiguously a boutique product. Every unit is a three-bedroom configuration of at least 1,055 sq ft, and three duplex units push to 1,292–1,302 sq ft — sizing that targets genuine owner-occupiers rather than investors seeking yield-optimised smaller formats. The result is a development with an unusually cohesive resident profile: families drawn to the Telok Kurau school belt, professionals who prize the East Coast lifestyle, and buyers seeking freehold tenure at a meaningful PSF discount to the surrounding RCR market.

The low transaction volume and high owner-occupier tendency are intentional by-products of the product design. FIVENINE was never built to be a rental machine — it was built to be lived in, and the quiet lane setting confirms that ambition at every turn.

Location & Connectivity

Lorong K Telok Kurau sits within the broader Telok Kurau enclave, a network of low-rise residential lanes that has long been one of District 15's most sought-after addresses. The area blends old Singapore kampung charm — mature rain trees, landed houses, neighbourhood provision shops — with the convenience of a dense East Coast amenity belt just minutes away by car or bicycle. East Coast Park, with its 15km of cycling paths, beach barbecue pits, and seafood restaurants, is roughly 10 minutes by foot or a short ride.

Paya Lebar Quarter and Parkway Parade anchor the commercial convenience of the district, while the Joo Chiat and Katong precincts deliver some of Singapore's finest independent cafes, Peranakan cuisine, and weekend-morning culture. The broader neighbourhood punches above its OCR classification: in terms of lived experience, Telok Kurau feels and functions more like a fringe RCR enclave than a typical Outside Central Region suburb.

The school landscape is a genuine standout. Telok Kurau Primary School is less than 500 metres away, placing FIVENINE comfortably within the 1km primary school registration priority zone. Canossa Catholic Primary (1.01km), CHIJ Katong Primary (1.30km), TK Girls' Secondary (1.10km), and Chung Cheng High (1.39km) all cluster nearby, making this one of the stronger school-proximity propositions in the eastern corridor.

Schools & Education

1 primary school within the 1 km Priority Phase balloting radius.

Facilities

For a 15-unit development, FIVENINE offers a thoughtfully curated facility set. The centrepiece is a 30-metre lap pool flanked by a spa pool and jacuzzi — an unusually generous water feature for a project of this scale, effectively delivering near-private pool access given the resident count. A modern gymnasium, outdoor shower area, BBQ pit, and a landscaped garden complete the outdoor amenity package. Each unit comes with a dedicated car park lot and a private lift landing — a hallmark of the Macly boutique format that reinforces the owner-occupier, semi-landed feel of the development.

Twenty-four-hour security provides peace of mind on a lane that, while quiet, is not within a gated enclave. The overall facility offering is lean but purposeful: nothing is there for show. For residents who prefer a semi-private lifestyle over the programmed amenity of larger mega-developments — but still want a lap pool and gym without commuting to a clubhouse — FIVENINE's facility ratio per unit is hard to match.

"A development with 15 units sharing a 30-metre lap pool is as close to private pool ownership as a condominium buyer can get in Singapore without paying landed prices."

Pricing & Market Position

Based on 3 recorded transactions, sale prices range from $1,870,000 to $2,180,000, averaging $1,985,000 (~$1,806 psf).

Rents range from $3,500 to $6,000 per month across 7 rental transactions. Current rental yield sits at approximately 2.9%.

Price Appreciation

From 2024 to 2025, the average PSF has declined by 1.9% (from $1,773 to $1,740 psf).

Neighbourhood Comparison

FIVENINE's most striking competitive advantage is its PSF discount relative to the wave of new leasehold launches in D15. Grand Dunman ($2,537 psf, 99-year), Emerald of Katong ($2,640 psf, 99-year), Tembusu Grand ($2,461 psf, 99-year), and Amber Park ($2,540 psf, freehold) all command premiums of 35–55% over FIVENINE's $1,806 psf. Even adjusting for FIVENINE's smaller scale, older vintage, and OCR classification, the freehold discount is substantial. The Continuum at $2,790 psf freehold is the most direct leasehold-vs-freehold comparator, and the gap there — nearly $1,000 psf — is difficult to justify purely on location and amenity grounds.

Where FIVENINE loses ground is on scale, amenity breadth, and new-launch premium: buyers who value a large swimming complex, tennis courts, function rooms, and concierge services will find the boutique format limiting. Those who prioritise PSF value, freehold security, generous unit sizes, and near-private facilities will find FIVENINE hard to beat within its immediate competitive set.

ShiokNest Scores

Our proprietary scoring system evaluates FIVENINE across multiple dimensions.

What Residents Say

"We moved in specifically for the Telok Kurau Primary proximity, and the private lift lobby has been a genuine quality-of-life upgrade — no more waiting for shared lifts with grocery bags and a toddler."

— Owner-occupier family, 3-Bedroom unit

"The pool is essentially ours. On a weekday morning there is nobody else in the water. For a condominium in Singapore, that is extraordinary."

— Long-term resident, 3-Bedroom standard unit

"The lane itself is incredibly quiet — you forget you are minutes from Parkway Parade and the East Coast hawker trail. The duplex feels more like a townhouse than an apartment, which was exactly what we wanted after downsizing from landed."

— Downsizer couple, 3-Bedroom Duplex unit

Strengths & Weaknesses

Verdict

FIVENINE occupies a distinctive niche in the District 15 market: a completed freehold product with generously sized three-bedroom units, near-private pool access, and strong school proximity, priced at a PSF that reflects its OCR classification rather than its lived-experience quality. At $1,806 psf, buyers are paying roughly 30–35% less per square foot than comparable new-launch leasehold developments in the same district — a spread that is particularly attractive for owner-occupiers who intend to hold long-term and value freehold tenure as an estate-planning tool.

The trade-offs are real. MRT access requires either a 10-minute walk to Marine Terrace TEL or a short drive/bus ride to Kembangan or Eunos — acceptable for car-owning families, less ideal for car-free households. The facility set, while excellent on a per-unit basis, cannot match the clubhouse programming of larger developments. And with only seven recorded rental transactions, landlord investors should temper yield expectations: the low gross yield of 2.9% reflects both the premium pricing and the fact that this development attracts buyers, not renters.

For the right buyer — a family seeking a spacious, freehold, school-proximate home in a quiet East Coast lane who wants something more intimate than a 500-unit mega-development — FIVENINE is a compelling and fairly priced option. It is not a speculative trade; it is a home.