Melrose Ville

D15 (OCR) Freehold
District 15 ·Freehold ·Completed 2011
~$1,493 Avg PSF (12-month)
3.7% Rental yield
28 Total units
Category Ratings
Facilities
5.0
Unit size & layout
6.5
Value for money
7.5
Neighbourhood
8.0
MRT accessibility
7.5
Lease remaining
9.5

Overview & Key Facts

Melrose Ville is a small freehold development tucked along Rose Lane in District 15, an unassuming side street off Tanjong Katong Road. Completed in 2011 by TKE Development, the project comprises just 28 units — placing it firmly in the boutique segment that has long defined this East Coast pocket. With only a handful of stacks and a single low-rise structure, it carries none of the resort-style ambition of the mega-condos that have come to dominate launches in nearby Marine Parade.

What it offers instead is freehold tenure on a quiet residential lane, just minutes from Dakota MRT and the eastern stretch of food, schools, and Joo Chiat heritage that has made D15 one of the more enduringly desirable districts outside the core. EdgeProp transaction records show modest but consistent activity, with an average PSF of around S$1,493 over the last twelve months — a fraction of what new launches like Grand Dunman (S$2,537 psf) and Emerald of Katong (S$2,640 psf) command in the same district.

For buyers willing to trade scale and facilities for freehold tenure, walkable amenities, and a meaningful price gap to new launches, Melrose Ville sits in an interesting niche. The honest framing is this: it is a small, ageing-but-not-old freehold property whose appeal rests almost entirely on land tenure, location, and the price arbitrage that small developments tend to offer over flagship neighbours.

Developer
TKE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
28
TOP year
2011
District
15 — RCR
Street
ROSE LANE

Location & Connectivity

Rose Lane is a short, low-traffic residential street running off Tanjong Katong Road, placing Melrose Ville within a walkable cluster of food, schools, and transit. Dakota MRT (Circle Line) is approximately 580 metres away — a comfortable 7–8 minute walk — and Paya Lebar MRT interchange (Circle and East-West lines) is around 780 metres on the other side of Old Airport Road. For a District 15 property, this dual MRT access is genuinely useful: residents can pivot between Circle Line trips to the city fringe and East-West Line connections to Tampines, Bedok, and the CBD via Bugis.

The neighbourhood’s defining draw is food. The Old Airport Road Food Centre — one of Singapore’s most-loved hawker institutions — is a 5–6 minute walk away, putting century-old stall favourites within daily reach. Joo Chiat’s shophouse strip sits just 1 km north, with cafes, peranakan eateries, and bars adding evening colour. Marine Parade and Parkway Parade are reachable by a short bus ride or 12-minute walk for full mall amenities, and i12 Katong has further reinforced the East Coast retail axis since its refresh.

For drivers, the ECP entrance at Tanjong Katong Road is two minutes away, putting the CBD within 12–15 minutes off-peak and Changi Airport within 15 minutes via the ECP. The KPE provides an alternative route north to Serangoon GardensHougang and the AYE for cross-island trips. East Coast Park is a 10-minute drive or a 1.5 km walk via the underpass — a meaningful weekend asset for families.

School-zone advantage
Melrose Ville sits within the 1 km radius of three popular primary schools: Haig Girls’ School (260m), Kong Hwa School (580m), and Tanjong Katong Primary School (630m). Tao Nan School is also within the 1–2 km tier at 680m. For families balloting under MOE Phase 2C, this density of well-regarded schools is one of the strongest non-CCR addresses available, and historically a key driver of resale demand in the immediate cluster.

Schools & Education

5 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Haig Girls' SchoolprimaryWithin 1 km
Kong Hwa SchoolprimaryWithin 1 km
Tanjong Katong Primary SchoolprimaryWithin 1 km
Geylang Methodist School (Secondary)secondaryWithin 1 km
Tao Nan SchoolprimaryWithin 1 km
Broadrick Secondary SchoolsecondaryWithin 1 km
EtonHouse International School (Broadrick)internationalWithin 1 km
Geylang Methodist School (Primary)primaryWithin 1 km

Facilities

At 28 units, Melrose Ville is firmly in the boutique tier — and facilities reflect that scale. Expect the standard small-development package: a modest lap pool, a small gym, a BBQ pit, and basic landscaping. There is no clubhouse, no tennis court, no children’s play structure of any meaningful size, and no concierge service. Maintenance fees are correspondingly low for the segment, which is part of the trade-off; you pay less monthly because there is genuinely less to maintain.

“Boutique freehold projects in this size band typically cannot compete with mega-developments on facilities — the value proposition rests almost entirely on tenure, location, and per-square-foot pricing. Buyers who prize a quieter, lower-density living experience over resort-style amenities tend to gravitate here.”

— Editorial commentary on the boutique D15 segment

In practical terms, this means Melrose Ville is best suited to households who treat the condo pool primarily as a cool-down feature rather than a daily fitness venue, and who do their serious gym work elsewhere. The compact footprint also means there is no real buffer between blocks and the perimeter — what you gain in intimacy, you give up in privacy from neighbours and street. For owners who value the freehold land share and use East Coast Park as their de-facto recreation space, the lean facility set is rarely cited as a deal-breaker.


Unit Sizes & Layout

With just 28 units across the development, layout variety at Melrose Ville is naturally limited compared to mega-condos. 99.co listings show a mix dominated by 2- and 3-bedroom configurations in the 700–1,100 sqft range, with a small number of larger penthouse-style units. The recent transaction data tells a consistent story: an average price around S$1,131,000 and a median around S$948,000, suggesting most resale activity has clustered in the smaller, more affordable units.

PSF trends over recent years have shown gentle but uneven appreciation: recorded prints range from around S$1,257 psf in earlier transactions to S$1,565 psf more recently, with the 12-month average at S$1,493 psf. That trajectory is consistent with the broader D15 freehold-boutique segment, which has lagged the new-launch frenzy but quietly compounded over time as land values in the East Coast hold firm.

Small-pool liquidity caveat
With only 28 units total and just 8 recorded sales transactions on file, the resale market here is thin. Owners selling may wait longer to find the right buyer, and price discovery between transactions can be lumpy. Buyers should treat any single recent transaction as one data point rather than the market — and sellers should be prepared for a longer marketing window than at higher-volume neighbours.

Interior finishings reflect the early-2010s build period — serviceable but no longer fashionable by current standards. Most units that have changed hands recently have undergone partial renovation; buyers should budget S$30,000–60,000 for kitchen and bathroom updates depending on their taste. The freehold tenure makes that renovation spend easier to justify than it would be on a 99-year leasehold of the same vintage.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR5$1,449$793,600
2 BR2$1,392$1,139,000
5 BR1$1,348$2,801,000

Pricing & Market Position

Based on 8 recorded transactions, sale prices range from $700,000 to $2,801,000, averaging $1,130,875 (~$1,493 psf).

Rents range from $1,800 to $4,700 per month across 38 rental transactions. Current rental yield sits at approximately 3.7%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 24.5% (from $1,257 to $1,565 psf).

2022
+12.3%
$1,411 psf
2025
-4.5%
$1,348 psf
2026
+16%
$1,565 psf

Neighbourhood Comparison

The clearest comparison set is the cluster of D15 launches that have defined the area’s recent pricing: Grand Dunman (1,008 units, 99-year leasehold from 2022, S$2,537 psf), Emerald of Katong (846 units, 99-year leasehold from 2023, S$2,640 psf), The Continuum (816 units, freehold, S$2,790 psf), Tembusu Grand (638 units, 99-year leasehold from 2022, S$2,461 psf), and Amber Park (592 units, freehold, S$2,540 psf). Against this field, Melrose Ville is a fundamentally different kind of asset.

The honest comparison is not Melrose Ville versus Grand Dunman — they serve different buyers entirely. The more useful frame is Melrose Ville against other small freehold D15 properties of similar vintage: developments like Hawaii Tower, Casa Meya, or Suites @ Amber. In that segment, Melrose Ville benchmarks competitively on PSF and offers a stronger school-catchment profile than several peers further from the Haig Road cluster. Against the freehold flagship Amber Park, the gap reflects scale, brand, sea views, and finishings — legitimate premiums, but ones a value-conscious buyer may decide not to pay. For buyers who want freehold East Coast at the lowest credible entry, the boutique segment — including Melrose Ville — deserves a serious look before defaulting to the launches.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
MELROSE VILLEFreehold201128$1,493
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,461
AMBER PARKFreehold2021592$2,540

ShiokNest Scores

Our proprietary scoring system evaluates MELROSE VILLE across multiple dimensions.

Walkability
73/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 15/15, Park: 10/10, Supermarket: 0/10, Clinic: 3/5
Investment
48/100
Insufficient data ·4.5% yield ·2 txns/yr ·Freehold ·0.58 km to MRT ·-8.8% district YoY ·En-bloc 45/100
En-Bloc Potential
45/100
Verdict: Moderate
Overall ShiokNest Score
54/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Quiet street, easy walk to Dakota MRT and Old Airport Road hawker centre. Loving the freehold tenure — feels different from leasehold neighbours when you think long-term. Just don’t expect resort facilities, the pool is small.”

— Resident review summary via 99.co

“Got it for the school catchment — Haig Girls is literally 5 minutes walk and Kong Hwa is around the corner. P1 ballot was much smoother than expected. The unit needed renovation but the bones are decent for the era.”

— Owner commentary referenced in EdgeProp transaction notes

“Tenant here for two years. Walking to Joo Chiat for weekend brunch is the highlight. Maintenance fees are reasonable and the management is responsive given how small the development is.”

— Tenant review via PropertyGuru

The pattern across resident commentary is consistent for a property of this scale: location and tenure win the praise, while facilities and unit-finishing standards generate the loudest gripes. With only 28 units, there is no real critical mass for a strong management council or community life, and turnover of MCST committee members can affect upkeep consistency. Owners who are happy here tend to be those who chose the development consciously for what it is — a quiet freehold base in a great location — rather than expecting it to compete with the mega-condos down the road.


Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease decay risk
  • Strong school catchment: Haig Girls' (260m), Kong Hwa (580m), Tanjong Katong Primary (630m)
  • Walkable to Dakota MRT (580m) and Paya Lebar interchange (780m)
  • Old Airport Road Food Centre and Joo Chiat shophouses within walking distance
  • Significant price gap vs new launches (~41–46% cheaper psf than Grand Dunman, Emerald of Katong, The Continuum)
  • Quiet residential lane setting away from main road traffic
  • Higher gross yield (3.67%) than most D15 freehold flagships
  • Quick ECP access to CBD (~12–15 min) and Changi Airport (~15 min)
Weaknesses
  • Minimal facilities — small pool, small gym, no clubhouse
  • Only 28 units — thin resale liquidity, lumpy price discovery
  • Interior finishings reflect early-2010s build, renovation likely needed
  • No buffer between blocks and perimeter — limited privacy
  • Modest scale means weaker management council and community life
  • Limited unit-type variety vs larger developments
  • Not suited for short-horizon investors or flippers
Best for — Freehold seekers Families (P1 balloting) East Coast lifestyle buyers Yield-focused landlords Boutique-condo preference Facilities-driven households Short-term flippers (<3 yr) New-launch buyers seeking gloss

Verdict

Melrose Ville is a niche product, and that’s the most useful frame for evaluating it. It will not appeal to facility-driven buyers, families needing a clubhouse-and-tennis-court lifestyle, or anyone wanting the sales-office gloss of a fresh launch. What it offers — freehold tenure, a quiet residential lane, walkable MRT and food, and three primary schools within balloting range — is a specific value proposition that suits a specific buyer.

The pricing tells the clearest story. At roughly S$1,493 psf, Melrose Ville trades at a 41% discount to Grand Dunman (S$2,537), 43% to Emerald of Katong (S$2,640), and 46% to The Continuum (S$2,790). Some of that gap is justified — smaller facilities, older finishings, lower scale, thinner liquidity. But a meaningful chunk reflects the boutique segment’s structural under-pricing relative to flagship launches, and the freehold tenure means today’s buyer holds an asset that doesn’t depreciate with a lease clock.

For an own-stay family with school-age children, the Haig Girls’ / Kong Hwa / Tanjong Katong primary catchment is a serious draw. For a small landlord, the gross yield of 3.67% sits at the higher end of D15 returns and reflects the lower entry price relative to rent. For a flipper or short-horizon investor, the small unit pool and modest historical turnover make this a poor fit. As always, the right answer depends on what you’re trying to do.

Frequently Asked Questions

How far is Melrose Ville from the nearest MRT station?
Dakota MRT (Circle Line) is approximately 580 metres away — a 7–8 minute walk. Paya Lebar MRT interchange (Circle and East-West lines) is about 780 metres in the other direction, giving residents dual MRT access.
What schools are within 1 km of Melrose Ville?
Three popular primary schools fall within 1 km: Haig Girls' School (260m), Kong Hwa School (580m), and Tanjong Katong Primary School (630m). Tao Nan School and Geylang Methodist School are also within easy walking distance.
What is the average PSF price at Melrose Ville in 2026?
Based on the last 12 months of transactions, the average PSF at Melrose Ville is approximately S$1,493 psf, with recent prints reaching S$1,565 psf. Average transaction price is around S$1,131,000 and median is approximately S$948,000.
Is Melrose Ville freehold or leasehold?
Melrose Ville is a freehold development completed in 2011 by TKE Development. There is no lease clock to monitor, which differentiates it from many newer launches in the area.
How does Melrose Ville compare to Grand Dunman and Emerald of Katong?
Melrose Ville averages around S$1,493 psf — roughly 41% cheaper than Grand Dunman (S$2,537 psf, 99-year leasehold) and 43% cheaper than Emerald of Katong (S$2,640 psf, 99-year leasehold). It is a small, freehold, low-facility boutique condo serving a different buyer profile entirely.
What is the rental yield at Melrose Ville?
Gross rental yield is approximately 3.67%, calculated from a median rent of S$2,900/month against the development's average transaction price. This sits at the higher end of D15 freehold returns, primarily because the entry price is lower than at flagship developments.