Martia Residence
Martia Residence is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Outside Central Region (OCR). The development was completed in 2006 and comprises 20 units. Sale and rental figures on this page are compiled from URA transaction records.
MARTIA RESIDENCE
Over the 12 months to Apr 2025, Martia Residence recorded 2 rental contracts at a median $4,300/mo. Source: URA caveat data, as of Apr 2025.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Apr-25 | $2,300,000 | $1,361 psf | 1,690 sqft | 01 to 05 | 4BR |
| Feb-25 | $2,480,000 | $1,259 psf | 1,970 sqft | 01 to 05 | 5BR |
| Oct-23 | $2,350,000 | $1,206 psf | 1,948 sqft | 01 to 05 | 5BR |
| Apr-23 | $1,530,000 | $1,653 psf | 926 sqft | 01 to 05 | 2BR |
| Nov-22 | $2,300,000 | $1,042 psf | 2,207 sqft | 01 to 05 | 5BR |
| Sep-22 | $1,720,000 | $1,087 psf | 1,582 sqft | 01 to 05 | 4BR |
| Jun-22 | $1,450,000 | $1,433 psf | 1,012 sqft | 01 to 05 | 3BR |
| Apr-22 | $1,288,000 | $1,391 psf | 926 sqft | 01 to 05 | 2BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.