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.
Overview & Key Facts
MARTIA RESIDENCE is a freehold condominium at MARTIA ROAD in District 15 (OCR), developed by , comprising 20 units, completed in 2006.
Location & Connectivity
MARTIA RESIDENCE is approximately 270m from Marine Terrace MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 270m |
| Marine Parade | Thomson-East Coast Line | 800m |
Schools & Education
13 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 650m |
| Canadian International School (Tanjong Katong) | International | 1.1 km |
| CHIJ (Katong) Primary | Primary | 1.2 km |
| Tanjong Katong Girls' School | Secondary | 1.2 km |
| Broadrick Secondary School | Secondary | 1.2 km |
| EtonHouse International School (Broadrick) | International | 1.2 km |
| Chung Cheng High School (Main) | Secondary | 1.4 km |
| Tao Nan School | Primary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,522 psf | $1,409,000 |
| 3 BR | 2 | $1,377 psf | $1,400,000 |
| 4 BR | 2 | $1,224 psf | $2,010,000 |
| 5+ BR | 3 | $1,169 psf | $2,376,667 |
Market Position
MARTIA RESIDENCE has recorded 9 sales at an average price of $1,863,111.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,320 psf | — |
| 2022 | 4 | $1,238 psf | ↓ 6.2% |
| 2023 | 2 | $1,430 psf | ↑ 15.4% |
| 2025 | 2 | $1,310 psf | ↓ 8.4% |
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MARTIA RESIDENCE prices have cooled 8.4% from the 2023 peak, yet remain 0.8% below where the series began in 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
| 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
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 20 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for mrt-walkable commuters, yield-focused investors, long-term hold (10+ yr) and freehold / generational hold. MRT proximity is the standout commute feature for daily transit users.
For heavy renovation / value seekers, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2006 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
MARTIA RESIDENCE is a freehold development in District 15 (OCR), with 20 units, offering a gross yield of 2.4%.
At ~$1,310 psf, it represents a competitive entry point in the OCR segment.
Explore the full MARTIA RESIDENCE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing MARTIA RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (240m away), an upgrader gap of about $1,200,000
- Geylang — 4-room average $761,443 (1.5 km away), an upgrader gap of about $1,100,000
- Bedok — 4-room average $659,895 (1.7 km away), an upgrader gap of about $1,200,000
FAQ
What is the average PSF for MARTIA RESIDENCE?
Is MARTIA RESIDENCE freehold?
What is the rental yield for MARTIA RESIDENCE?
Which MRT is nearest to MARTIA RESIDENCE?
Sources & Next Steps
- MARTIA RESIDENCE 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: 9 transactions
- Rental data: 11 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2025 · 9 records analysed · Source: URA private-sale caveats