Margate Point
Margate Point is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Rest of Central Region (RCR). The development comprises 15 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
MARGATE POINT is a freehold condominium at MARGATE ROAD in District 15 (RCR), developed by , comprising 15 units.
Location & Connectivity
MARGATE POINT is approximately 490m from Katong Park MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Katong Park | Thomson-East Coast Line | 490m |
| Tanjong Katong | Thomson-East Coast Line | 760m |
| Dakota | Circle Line | 960m |
| Mountbatten | Circle Line | 970m |
Schools & Education
13 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.2 km |
| One World International School (Mountbatten) | International | 1.2 km |
| Tao Nan School | Primary | 1.4 km |
| Haig Girls' School | Primary | 1.4 km |
| Geylang Methodist School (Secondary) | Secondary | 1.4 km |
| Geylang Methodist School (Primary) | Primary | 1.4 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
| Broadrick Secondary School | Secondary | 1.6 km |
Market Position
MARGATE POINT has recorded 3 sales at an average price of $2,403,333.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2024 | 2 | $1,819 psf | — |
| 2025 | 1 | $1,991 psf | ↑ 9.4% |
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Price Index Check
The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 913 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 783 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 645 |
| AMBER PARK | Freehold | $2,549 psf | 397 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 15-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
The profile fits mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units) best. MRT proximity is the standout commute feature for daily transit users.
international school families and en-bloc speculators should treat this as a shortlist candidate, not a default choice.
yield-focused investors should probably look elsewhere. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
MARGATE POINT is a freehold development in District 15 (RCR), with 15 units, offering a gross yield of 1.9%.
At ~$1,991 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full MARGATE POINT dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing MARGATE POINT against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (500m away), an upgrader gap of about $1,500,000
- Geylang — 4-room average $761,443 (790m away), an upgrader gap of about $1,650,000
- Marine Parade — 4-room average $648,065 (1.9 km away), an upgrader gap of about $1,750,000
FAQ
What is the average PSF for MARGATE POINT?
Is MARGATE POINT freehold?
What is the rental yield for MARGATE POINT?
Which MRT is nearest to MARGATE POINT?
Sources & Next Steps
- MARGATE POINT Dashboard — Live charts and analytics
- URA — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions
- Rental data: 15 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2025 · 3 records analysed · Source: URA private-sale caveats