Marine View Mansions

D15 (OCR) Freehold

Marine View Mansions is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Rest of Central Region (RCR). The development was completed in 1989 and comprises 28 units. Sale and rental figures on this page are compiled from URA transaction records.

District 15 · Freehold · Completed 1989
~$2,311Avg PSF (12-month)
28Total units
Category Ratings
Facilities
4.0
Unit size & layout
6.5
Value for money
5.5
Neighbourhood
9.0
MRT accessibility
10.0
Lease remaining
10.0

Overview & Key Facts

MARINE VIEW MANSIONS is a freehold condominium at MARINE PARADE in District 15 (RCR), developed by , comprising 28 units, completed in 1989.

Developer
Tenure
Freehold
Total units
28
TOP year
1989
District
15 — RCR
Street
MARINE PARADE

Location & Connectivity

MARINE VIEW MANSIONS is approximately 130m from Marine Parade MRT station, with 3 stations within 1.5 km.

MRT stations near MARINE VIEW MANSIONS
StationLineDistance
Marine ParadeThomson-East Coast Line130m
Marine TerraceThomson-East Coast Line950m
Tanjong KatongThomson-East Coast Line1.3 km

Schools & Education

10 schools within 2 km (7 within 1 km priority zone).

Schools near MARINE VIEW MANSIONS
SchoolTypeDistance
CHIJ (Katong) PrimaryPrimary530m
Canadian International School (Tanjong Katong)International680m
Tanjong Katong Girls' SchoolSecondary760m
Broadrick Secondary SchoolSecondary770m
EtonHouse International School (Broadrick)International770m
Tao Nan SchoolPrimary880m
Tanjong Katong Primary SchoolPrimary970m
Haig Girls' SchoolPrimary1.3 km

Market Position

MARINE VIEW MANSIONS has recorded 5 sales at an average price of $3,834,600.

MARINE VIEW MANSIONS sits at the 76th percentile of District 15 condo PSF.
$2,311 psf
Avg PSF (12mo)
$3,834,600
Avg Price
1.8%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for MARINE VIEW MANSIONS
YearSalesAvg PSFChange
20211$1,628 psf
20222$1,683 psf↑ 3.4%
20231$1,841 psf↑ 9.4%
20251$2,311 psf↑ 25.5%

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The latest reading marks the highest point in this series — MARINE VIEW MANSIONS prices have climbed 41.9% since 2021.

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

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf913
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf783
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf645
AMBER PARKFreehold$2,549 psf397

What Could Work Against You

  • With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 28-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 37+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

The profile fits families with young children, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold best. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

For en-bloc speculators and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors and short-term flippers (<5 yr) — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

MARINE VIEW MANSIONS is a freehold development in District 15 (RCR), with 28 units, offering a gross yield of 1.8%.

At ~$2,311 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full MARINE VIEW MANSIONS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing MARINE VIEW MANSIONS against staying public? These HDB towns sit within walking or short-drive distance:

  • Marine Parade — 4-room average $648,065 (150m away), an upgrader gap of about $3,200,000
  • Geylang — 4-room average $761,443 (1.2 km away), an upgrader gap of about $3,050,000

FAQ

What is the average PSF for MARINE VIEW MANSIONS?
The 12-month average is approximately $2,311 psf.
Is MARINE VIEW MANSIONS freehold?
Yes, MARINE VIEW MANSIONS is a freehold property.
What is the rental yield for MARINE VIEW MANSIONS?
The estimated gross yield is 1.8%.
Which MRT is nearest to MARINE VIEW MANSIONS?
The nearest is Marine Parade MRT at 130m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 5 transactions
  • Rental data: 33 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of December 2025

Latest recorded data point: Dec 2025 · 5 records analysed · Source: URA private-sale caveats