Haig 162
Overview & Key Facts
HAIG 162 is a boutique freehold condominium at 162 Haig Road in District 15, completed in 2013 and developed by Mequity Two Pte Ltd — a subsidiary of Roxy-Pacific Holdings, one of Singapore’s most active mid-market residential developers with more than 18 projects delivered across the island. Standing 15 storeys with just 99 units, HAIG 162 is emphatically a boutique development: the scale is intimate, the community small, and the freehold title permanent.
Roxy-Pacific’s Mequity vehicle targeted a specific product niche with HAIG 162 — compact, high-efficiency units in a prime D15 address, priced to attract young professionals, couples, and investor-landlords who want Haig Road’s cultural richness and dual-MRT accessibility without the quantum of a larger family apartment. Unit sizes run from approximately 355 sqft (one-bedroom) to 915 sqft (penthouse), with the overwhelming majority of the 99 units falling into the one-bedroom category. For a city-fringe freehold development, this positioning has aged well: PSF has climbed from around $1,527 in 2021 to $1,993 in 2025 — a 31% increase across four years.
The standout headline for HAIG 162 is the combination of freehold tenure and a location that places residents within 600 metres of two MRT stations on different lines. Aljunied (East-West Line) and Paya Lebar (Circle and East-West Lines) are both reachable in under ten minutes on foot, giving residents genuine rail flexibility: north-south via Paya Lebar’s Circle Line connection, east-west via either station. For a freehold development priced meaningfully below the new-launch benchmarks now being set in Katong and Marine Parade, this transport equation represents compelling value.
The cultural address is equally distinctive. Haig Road sits at the intersection of two of Singapore’s most storied inner-east neighbourhoods: Geylang Serai to the north, with its Malay heritage corridor, wet market, and one of Singapore’s most celebrated hawker concentrations; and the Katong-Joo Chiat Peranakan belt to the south and east. Residents of HAIG 162 live between these two worlds — a unique cultural richness that newer developments in glass-and-steel Marine Parade have traded away for higher towers and fuller facilities decks.
Location & Connectivity
HAIG 162 occupies a mid-block position on Haig Road, a tree-lined residential street that runs between Geylang Road to the north and Tanjong Katong Road to the south. The immediate neighbourhood is low-rise landed housing and older walk-up apartments, giving HAIG 162 an unusually quiet streetscape for a location so close to two MRT stations. The surrounding texture is determinedly local — provision shops, neighbourhood temples, the Haig Road Market and Food Centre — rather than the mall-anchored retail formats that characterise more westerly parts of D15.
MRT access is a genuine strength. Aljunied MRT (EW9) on the East-West Line is approximately 567 metres away — around an 8-minute walk. Paya Lebar MRT (CC9/EW8), a dual-line interchange, is approximately 536 metres in the other direction. The dual-station configuration is a meaningful practical advantage: Aljunied provides a rapid direct connection into the CBD (City Hall in 4 stops), while Paya Lebar’s Circle Line adds cross-island flexibility toward Dhoby Ghaut, Orchard, and Harbourfront without needing to travel through the city centre. For households with one member working in the CBD and another at one-north or Harbourfront, the two-line coverage is genuinely useful.
Daily amenities are strong. The Haig Road Market and Food Centre is approximately 5 minutes on foot — a classic Singapore wet market and hawker complex with a breakfast and lunch crowd that includes some of the neighbourhood’s most-cited local hawker stalls. Geylang Serai Market, a heritage Malay wet market with additional food and textile retail, is accessible within a short bus ride or 12-minute walk. For modern retail and a supermarket, Paya Lebar Quarter (PLQ Mall) is reachable in around 15 minutes on foot or two MRT stops from Paya Lebar; it offers a Cold Storage, cinema, and extensive F&B. Kinex at Tanjong Katong provides a closer neighbourhood mall option.
East Coast Park — Singapore’s premier beach and cycling corridor — is accessible by a 15-minute bus ride or a direct cycling route through the low-rise estates south of Tanjong Katong Road. The park’s long stretch of waterfront dining, cycling infrastructure, and weekend recreational activity is a genuine D15 lifestyle asset that inner-city and north-side buyers rarely access with comparable ease. The Katong and Joo Chiat Peranakan precincts, with their heritage shophouses, boutique cafes, Nyonya restaurants, and independent retailers, are a 10-minute walk to the south and east.
Schools & Education
4 primary schools within the 1 km Priority Phase balloting radius.
| School | Type | Distance |
|---|---|---|
| Tao Nan School | primary | Within 1 km |
| Tanjong Katong Primary School | primary | Within 1 km |
| Broadrick Secondary School | secondary | Within 1 km |
| EtonHouse International School (Broadrick) | international | Within 1 km |
| CHIJ (Katong) Primary | primary | Within 1 km |
| Canadian International School (Tanjong Katong) | international | Within 1 km |
| Tanjong Katong Girls' School | secondary | Within 1 km |
| Haig Girls' School | primary | Within 1 km |
Facilities
HAIG 162’s facilities package is deliberately compact, suited to a 99-unit boutique development rather than the resort-style amenity deck of a large-scale project. The development includes a lap pool, jacuzzi, gymnasium, BBQ area, and 24-hour security. The footprint is modest but proportionate: with fewer than 100 households, the pool and gym are virtually never crowded, and maintenance standards tend to be easier to sustain at this scale than in developments with 300 or more units competing for the same facilities.
The standout facilities feature is the inclusion of private roof terraces with jacuzzis on the fifth- and fourteenth-floor units — a relatively unusual offering for a compact freehold development at this price point. These terraces are dedicated to specific stacks and add a premium lifestyle dimension to what is otherwise a compact unit complement. For buyers specifically targeting terrace or penthouse units, this is a genuine differentiator from the typical one-bedroom condo format that dominates HAIG 162’s unit mix.
“Small and well-maintained condo. The pool is never crowded and the gym is adequate for basic workouts. Very quiet neighbourhood, good security.”
— Resident review via PropertyGuru
As a 2013-vintage project, HAIG 162 sits in a comfortable position on the maintenance curve: old enough that any early teething issues have long been resolved, but recent enough that the concrete and waterproofing are not approaching replacement age. Facilities finishings are functional and contemporary without being luxurious. The gym reflects a practical one-machine-per-category specification that suits residents supplementing with a commercial gym membership for heavier sessions. The lap pool is the development’s strongest communal asset — well-proportioned for the number of households sharing it, and the neighbourhood setting makes early-morning swims genuinely pleasant.
Unit Sizes & Layout
HAIG 162 has one of the most compact unit mixes of any D15 condo — a deliberate product decision by Roxy-Pacific that reflects the site’s positioning as a city-fringe efficiency play rather than a family lifestyle project. The breakdown across 99 units is approximately: 70 one-bedroom units (355–549 sqft), 10 one-bedroom-plus-study units (484–581 sqft), 9 two-bedroom units (581–603 sqft), and a small number of penthouses with private roof terraces and jacuzzis (732–915 sqft). The development offers 27 distinct floor-plan types, reflecting significant variation even within the one-bedroom category as Roxy-Pacific optimised for corner views, balcony orientation, and terrace access across the building’s 15 storeys.
The one-bedroom category dominates and defines the investment thesis. At current pricing of approximately $1,950 PSF (2024 average), a standard one-bedroom unit transacts at $700,000–$900,000 — an entry quantum that makes HAIG 162 one of the most accessible freehold condominiums in D15. For first-time buyers, right-sizers, or investors seeking freehold yield assets without a $1.5M+ commitment, this price point is meaningful. Average monthly rent for a one-bedroom unit ran at $2,741 in 2023–2024, implying a gross yield of approximately 3.9–4.5% depending on acquisition price — competitive for a freehold development and substantially better than the sub-3% yields typical of D15’s older 99-year leasehold mid-market stock.
Buyers should approach HAIG 162’s layout specifications with an understanding of the unit typology: these are efficient city apartments, not the spatially generous two- and three-bedroom configurations typical of 2000s Far East Organization or UOL developments. The 355–549 sqft one-bedroom range is compact by Singapore standards. Kitchen and living areas are combined or closely integrated; balconies are small; storage is limited. Units have been designed for the resident who spends most waking hours outside the home, not for the family that wants dining room, study, and helper’s room in a single condominium unit. Buyers with space requirements above 700 sqft should focus on the penthouse category or look at HAIG 162’s neighbour Haig Court or nearby The Esta for larger unit options.
The 2013 vintage means units are now approximately 12 years old. Original finishings — kitchen cabinetry, bathroom tiles, flooring — will vary in condition depending on how actively the unit has been tenanted. Investor-held units that have seen multiple tenancy cycles may need a kitchen or bathroom refresh ($20,000–$50,000 for a one-bedroom); owner-occupied or lightly tenanted units in good condition can often be acquired with minimal upgrade required. The structural quality of Roxy-Pacific’s mid-2010s construction is generally regarded as competent, with no widespread structural or waterproofing issues reported for this development.
| Bedrooms | Transactions | Avg PSF | Avg Price |
|---|---|---|---|
| 0 BR | 26 | $1,806 | $677,465 |
| 1 BR | 6 | $1,703 | $995,481 |
| 2 BR | 4 | $1,386 | $1,144,500 |
Pricing & Market Position
Based on 36 recorded transactions, sale prices range from $600,000 to $1,200,000, averaging $782,360 (~$1,948 psf).
Rents range from $1,500 to $4,700 per month across 215 rental transactions. Current rental yield sits at approximately 4.4%.
Price Appreciation
From 2021 to 2026, the average PSF has appreciated by 27.4% (from $1,527 to $1,946 psf).
Neighbourhood Comparison
The most instructive comparison is with HAIG 162’s immediate freehold neighbours on and near Haig Road. Haig Court (freehold, 1996-vintage, 572 units) is the elder sibling of the corridor — considerably larger, with a fuller facilities deck, but also older and at a higher risk of collective sale discussions affecting estate investment and management continuity. Haig Court’s larger unit sizes suit families that HAIG 162’s one-bedroom-dominated mix cannot accommodate; conversely, HAIG 162’s lower quantum and fresher vintage are advantages for the investor-buyer and young-professional segment.
Haig Residences (freehold, ~2014, 97 units) is the closest true peer — a similar boutique freehold format developed at roughly the same era, in the same Haig Road corridor. Haig Residences typically trades at a small PSF premium to HAIG 162, reflecting slight differences in unit configuration and stack orientation; both developments serve the same buyer demographic and compete for the same rental tenant profile.
Against D15’s newer launches, HAIG 162 occupies a different price tier entirely. Grand Dunman ($2,537 PSF, 99-year lease, 1,008 units), Emerald of Katong ($2,640 PSF), and The Continuum ($2,790 PSF, freehold) all sit 40–60% above HAIG 162 on a PSF basis and target a larger-unit, higher-absolute-quantum buyer. For investors who want freehold yield at sub-$1M entry, these new launches do not compete with HAIG 162 — they serve a different buyer entirely.
The Esta (freehold, ~2007, 418 units, Marine Parade Road) sits at a slight PSF premium to HAIG 162 and offers larger unit formats more suited to families, at the cost of a higher absolute quantum. For buyers specifically seeking one-bedroom freehold yield investments at D15’s accessible end, HAIG 162 and Haig Residences remain the most relevant in-corridor comparables.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| HAIG 162 | Freehold | 2013 | 99 | $1,948 |
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 2023 | 1,008 | $2,537 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 2024 | 846 | $2,640 |
| THE CONTINUUM | Freehold | 2023 | 816 | $2,790 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 2023 | 638 | $2,462 |
| AMBER PARK | Freehold | 2021 | 592 | $2,544 |
ShiokNest Scores
Our proprietary scoring system evaluates HAIG 162 across multiple dimensions.
What Residents Say
“Great freehold condo for its price in D15. Both Aljunied and Paya Lebar MRT are walking distance, which is the main reason I bought here. The area has a very local, authentic feel — Haig Road hawker centre is right there.”
— Owner review via 99.co
“Compact but well-designed unit. The private terrace on my floor is a fantastic touch — not something you see in many condos at this price point. Quiet street, good management.”
— Resident review via PropertyGuru
“Good investment — freehold in D15 with strong rental demand from young professionals who work in the CBD. Tenants like the walkability to Aljunied and the Katong food scene nearby.”
— Investor comment via EdgeProp
“Pool is never crowded and the management keeps the estate clean. The neighbourhood is very authentic — Geylang Serai market, Haig Road hawker, Joo Chiat all walkable. We feel very at home here.”
— Resident review via SRX
The pattern across resident feedback is consistent: strong appreciation for the dual-MRT walkability, the neighbourhood’s local food and cultural scene, and the development’s quiet, well-maintained character. The compact unit sizes are accepted as a trade-off known at purchase, not a source of ongoing dissatisfaction. There are no recurring structural or management complaints across the review base — for a 12-year-old freehold development, that is a clean track record. Tenants in particular appreciate the Haig Road address for its access to the CBD-bound East-West Line and the walkability to Katong’s restaurant and cafe scene.
Strengths & Weaknesses
- Freehold tenure — permanent land title with no lease decay risk or CPF/financing restrictions over time
- Dual-MRT walkability — Aljunied EWL (~567m) and Paya Lebar CCL/EWL (~536m) both under 10 minutes on foot
- Strong rental yield — 1BR gross yield ~3.9–4.5%, competitive for a freehold D15 condo at this price
- Accessible entry quantum — 1BR units from ~$700K–$900K, among lowest freehold entry points in D15
- PSF appreciation 31% from 2021–2025 — solid capital growth track record for a city-fringe freehold
- Boutique scale (99 units) — quiet estate, low-competition pool and facilities, responsive management
- Haig Road cultural richness — Haig Road Market & Food Centre, Geylang Serai, Katong and Joo Chiat all walkable
- Private roof terrace + jacuzzi on select floors — differentiating premium feature uncommon at this price tier
- Roxy-Pacific developer pedigree — proven mid-market residential builder with 18+ Singapore projects
- East Coast Park accessible — D15 beach and cycling lifestyle asset reachable by bus or bike route
- Very compact units — 1BR at 355–549 sqft is small by Singapore standards; not suitable for families
- No family-sized units — development lacks 3BR+ configurations; unsuitable for households needing space
- En-bloc score 39/100 — small footprint limits collective-sale attractiveness; not a viable en-bloc thesis
- Investment score 59/100 — moderate; compact unit sizes create a ceiling on rental and capital growth
- Aljunied MRT is EWL only — no CCL/TEL access; need to walk to Paya Lebar for multi-line flexibility
- No nearby international school within easy walk — CIS and EtonHouse require a bus or short drive
- Facilities modest — gym and pool are functional for 99 units but minimal compared to large-scale peers
- 2013 vintage — investor-held units likely need kitchen/bathroom refresh after multiple tenancy cycles
- Haig Road streetscape lacks mall retail — daily grocery requires a trip to PLQ or Kinex, not walkable
Verdict
HAIG 162’s investment case is built on three pillars: freehold tenure, dual-MRT accessibility, and an entry quantum that remains meaningfully below the new-launch price floor in surrounding D15 precincts. On each of these dimensions, it performs well relative to the competition at its price point. The PSF trajectory — from $1,527 in 2021 to $1,993 in 2025, a 31% appreciation over four years — confirms that the market has been validating this thesis. For a freehold development that was widely regarded as “boutique efficiency play” at launch, the sustained capital appreciation trajectory is a meaningful endorsement.
The yield story is also credible. At 2023–2024 average rent of $2,741 per month for a one-bedroom, and typical acquisition prices in the $700,000–$850,000 range for a mid-floor unit, HAIG 162 delivers gross yields of approximately 3.9–4.5%. For a freehold D15 condo, this sits in the top tier of the sub-$1M quantum investment category. The investment score of 59/100 reflects a balanced profile: yield is genuinely attractive, but the compact unit sizes and the maturing Haig Road-area rental market create some pricing ceiling constraints relative to newer, larger D15 developments.
The en-bloc score of 39/100 is modest, reflecting the development’s small footprint and the modest land area that a 99-unit, 15-storey development can offer a prospective collective sale buyer. En-bloc should not be factored into any investment thesis for HAIG 162; it is a possibility rather than a probability, and the small unit count means collective consent dynamics can be harder to achieve than in larger developments.
Against the most direct comparables in the D15 boutique-freehold category, HAIG 162 holds a strong position. Haig Court, a 1990s-vintage freehold condo on the same road, is older, larger, and carries a well-known en-bloc history. The Esta on Marine Parade Road and Haig Residences nearby are comparably sized freehold developments, typically trading at somewhat higher PSF given their Marine Parade address. For buyers who want a freehold entry into the east coast cluster at sub-$1M for a one-bedroom, HAIG 162 remains one of the area’s most practical options.
HAIG 162 is a clean, well-located freehold play for buyers who want permanent tenure, dual-MRT access, and a culturally rich Haig Road address at a quantum that most new D15 launches cannot touch. The compact units are the trade-off — accept the size and the investment rationale is sound.