Mayfair Residences
Located in District 15 (Joo Chiat, Amber Road, Katong), Mayfair Residences is a freehold condominium in the Outside Central Region (OCR). Completed in 2016, the development comprises 20 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
MAYFAIR RESIDENCES is a freehold condominium at EAST COAST ROAD in District 15 (OCR), developed by GIORGIO RESIDENCES PTE. LTD, comprising 20 units, completed in 2016.
Location & Connectivity
MAYFAIR RESIDENCES is approximately 360m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 360m |
| Marine Parade | Thomson-East Coast Line | 1.2 km |
| Kembangan | East-West Line | 1.2 km |
| Siglap | Thomson-East Coast Line | 1.3 km |
Schools & Education
12 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 350m |
| Chung Cheng High School (Main) | Secondary | 930m |
| East Coast Primary School | Primary | 1.2 km |
| Global Indian International School (GIIS East Coast) | International | 1.2 km |
| Canadian International School (Tanjong Katong) | International | 1.5 km |
| Tanjong Katong Girls' School | Secondary | 1.5 km |
| CHIJ (Katong) Primary | Primary | 1.6 km |
| Broadrick Secondary School | Secondary | 1.6 km |
Market Position
MAYFAIR RESIDENCES has recorded 12 sales at an average price of $2,186,750.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,555 psf | — |
| 2022 | 4 | $1,664 psf | ↑ 7.0% |
| 2024 | 3 | $1,913 psf | ↑ 15.0% |
| 2025 | 3 | $2,029 psf | ↑ 6.1% |
| 2026 | 1 | $2,002 psf | ↓ 1.4% |
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The series remains near its 2025 high — MAYFAIR RESIDENCES prices sit 28.7% above where they 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
- With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 20-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
This is a strong match for families with young children, mrt-walkable commuters, p1 school balloting families and long-term hold (10+ yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
first-time hdb upgraders should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors and en-bloc speculators — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
MAYFAIR RESIDENCES is a freehold development in District 15 (OCR), with 20 units, offering a gross yield of 2.9%.
At ~$2,022 psf, it represents a competitive entry point in the OCR segment.
Explore the full MAYFAIR RESIDENCES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing MAYFAIR RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (390m away), an upgrader gap of about $1,550,000
- Bedok — 4-room average $659,895 (1.5 km away), an upgrader gap of about $1,550,000
- Geylang — 4-room average $761,443 (1.6 km away), an upgrader gap of about $1,450,000
FAQ
What is the average PSF for MAYFAIR RESIDENCES?
Is MAYFAIR RESIDENCES freehold?
What is the rental yield for MAYFAIR RESIDENCES?
Which MRT is nearest to MAYFAIR RESIDENCES?
Sources & Next Steps
- MAYFAIR RESIDENCES 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: 12 transactions
- Rental data: 6 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2026 · 12 records analysed · Source: URA private-sale caveats