Gracious Mansions

D15 (OCR)
Avg PSF (12-month)
Rental yield
8 Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
8.5
MRT accessibility
9.5
Lease remaining
7.5

Overview & Key Facts

Gracious Mansions on Jalan Rendang in District 15 carries what is arguably the single most remarkable MRT proximity statistic in this review cohort: Marine Terrace TEL station at just 160 metres. That is a sub-two-minute walk to a Thomson-East Coast Line station, delivering direct connectivity to Marina Bay, Shenton Way, Orchard, Woodlands, and Changi Airport from a boutique 8-unit development in the heart of the Marine Parade residential enclave.

The rental market reflects this location quality. With 57 rental records across 8 units — a 7.1 records-per-unit ratio that is exceptionally high for a development of this scale — Gracious Mansions demonstrates sustained rental demand over time, with a median rent of $4,076 per month. This is among the strongest rental-data foundations we have seen in D15 RCR boutique developments.

Tenure is unconfirmed and must be verified. That caveat aside, the combination of 160-metre TEL access, deep rental history, and the established Marine Parade neighbourhood makes this one of the standout locations in Batch E.

Developer
Tenure
Total units
8
TOP year
District
15 — RCR
Street
JALAN RENDANG

Location & Connectivity

Jalan Rendang is a short residential lane that feeds off the Marine Parade Road grid, within easy walking distance of the East Coast Park connector and the Marine Parade town centre precinct. Marine Terrace TEL at 160 metres is the immediate transit gateway — the Thomson-East Coast Line connects directly to Marina Bay Financial Centre, Shenton Way, Orchard Boulevard, Stevens, and Woodlands without transfers, while also providing single-interchange access to Changi Airport via Pasir Ris.

Marine Parade MRT TEL is 840 metres as a secondary option, and the Paya Lebar EWL+CCL interchange is reachable within a short bus or cycling trip. The walkability score of 75 reflects decent pedestrian infrastructure supported by the Marine Parade commercial strip — NTUC FairPrice, hawker centres, banks, and clinics are all within comfortable walking distance.

School catchment is solid: Telok Kurau Primary School at 670 metres and a cluster of established D15 schools within 1.3 kilometres serve the primary ballot requirements of resident families. Canadian International School Tanjong Katong at 1.24 kilometres broadens the expatriate rental appeal.


Schools & Education

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

Nearby Schools
SchoolTypeDistance
Telok Kurau Primary SchoolprimaryWithin 1 km
Canadian International School (Tanjong Katong)international~1.2 km
CHIJ (Katong) Primaryprimary~1.3 km
Tanjong Katong Girls' Schoolsecondary~1.3 km
Chung Cheng High School (Main)secondary~1.3 km
Broadrick Secondary Schoolsecondary~1.3 km
EtonHouse International School (Broadrick)international~1.3 km
East Coast Primary Schoolprimary~1.5 km

Facilities

As an 8-unit boutique development, Gracious Mansions will have minimal shared facilities — likely a small pool or common garden area, with no clubhouse or gym of note. The trade-off is deliberate for this class of D15 RCR boutique: residents accept limited facilities in exchange for an intimate neighbourhood scale and, in this case, extraordinary MRT proximity.

MCST dynamics at 8 units are tight — decisions require consensus among a small ownership group. Buyers should review maintenance records and sinking fund balances to ensure common areas and structural systems are adequately funded, especially given unknown age and tenure.


Neighbourhood Comparison

D15 RCR is currently defined by the new-launch generation — Grand Dunman (2022, 1,008 units, ~$2,537 PSF), Emerald of Katong (2023, 846 units, ~$2,640 PSF), and The Continuum (FH, 816 units, ~$2,790 PSF) — all of which offer full facilities but carry significantly higher price tags. Gracious Mansions competes on a fundamentally different axis: boutique intimacy, exceptional TEL proximity, and a proven rental track record rather than resort-style amenities.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
GRACIOUS MANSIONS8
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$2,540

ShiokNest Scores

Our proprietary scoring system evaluates GRACIOUS MANSIONS across multiple dimensions.

Walkability
75/100
MRT: 25/25, School: 20/20, Hawker: 15/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
En-Bloc Potential
39/100
Verdict: Low
Overall ShiokNest Score
60/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

The Marine Parade residential precinct draws established Singaporean families, professionals commuting via the TEL to Marina Bay or Orchard, and expatriate tenants drawn by the East Coast lifestyle and international school proximity. The 57-rental track record confirms strong tenant depth including repeat tenancies, suggesting the neighbourhood quality and transit access translate into genuine occupier satisfaction over time.


Strengths & Weaknesses

Strengths
  • Marine Terrace TEL at 160 metres — sub-2-minute walk, direct to Marina Bay and Orchard
  • 57 rental records at $4,076 median — exceptional dataset depth for an 8-unit development
  • Established Marine Parade neighbourhood with strong school catchment and lifestyle amenities
Weaknesses
  • Tenure unconfirmed — verify with Land Registry before any purchase
  • Only 8 units: minimal facilities and tight MCST consensus dynamics
  • No sales transaction data — PSF pricing must be benchmarked from comparables
Best for — TEL Commuter Premium Strong Rental Track Record Verify Tenure First

Verdict

Gracious Mansions occupies a rare convergence: 160-metre TEL access, a proven deep rental market with 57 records at $4,076 median, and the established Marine Parade residential neighbourhood. For buyers prioritising transit immediacy and rental yield confidence in D15 RCR, few boutique developments in this district match this profile.

The constraints are the unknown tenure — which must be resolved before any purchase decision — and the minimal facilities expected at 8 units. Assuming tenure proves acceptable, Gracious Mansions merits serious consideration from both owner-occupiers who commute on the TEL and investors seeking consistent D15 rental income.

Frequently Asked Questions

Is the Marine Terrace TEL station really 160 metres from Gracious Mansions?
Yes — URA data confirms the station is approximately 160 metres from the development, a walk of under two minutes. This places Gracious Mansions in the top tier of D15 RCR transit proximity, connecting directly to the Thomson-East Coast Line serving Marina Bay, Orchard, Stevens, and Woodlands without transfers.
How reliable is the $4,076 median rent with only 8 units?
The 57-record dataset is unusually deep for an 8-unit development — representing roughly 7 full rental cycles per unit. This gives the median figure strong statistical reliability and indicates sustained tenant demand across multiple tenancy periods, not a one-off spike.