Mattar Residences
Located in District 14 (Geylang, Eunos), Mattar Residences is a freehold condominium in the Rest of Central Region (RCR). Completed in 2023, the development comprises 26 units. Sale and rental figures on this page are compiled from URA transaction records.
MATTAR RESIDENCES
Over the 12 months to Oct 2024, Mattar Residences recorded 6 rental contracts at a median $3,350/mo. Source: URA caveat data, as of Oct 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Oct-24 | $1,576,143 | $2,400 psf | 657 sqft | 01 to 05 | 1BR |
| Oct-24 | $1,897,000 | $2,123 psf | 893 sqft | 01 to 05 | 2BR |
| Sep-24 | $1,675,000 | $2,358 psf | 710 sqft | 01 to 05 | 2BR |
| Aug-24 | $1,300,000 | $2,323 psf | 560 sqft | 01 to 05 | 1BR |
| Jul-24 | $1,942,000 | $2,174 psf | 893 sqft | 01 to 05 | 2BR |
| Jul-24 | $1,781,000 | $2,149 psf | 829 sqft | 01 to 05 | 2BR |
| Jul-24 | $1,494,000 | $2,275 psf | 657 sqft | 01 to 05 | 1BR |
| Jun-24 | $1,927,000 | $2,157 psf | 893 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.