Melrose Ville
Located in District 15 (Joo Chiat, Amber Road, Katong), Melrose Ville is a freehold condominium in the Rest of Central Region (RCR). Completed in 2011, the development comprises 28 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
MELROSE VILLE is a freehold condominium at ROSE LANE in District 15 (RCR), developed by TKE DEVELOPMENT PTE LTD, comprising 28 units, completed in 2011.
Location & Connectivity
MELROSE VILLE is approximately 580m from Dakota MRT station, with 7 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Dakota | Circle Line | 580m |
| Tanjong Katong | Thomson-East Coast Line | 710m |
| Paya Lebar | East-West Line | 780m |
| Paya Lebar | Circle Line | 780m |
| Mountbatten | Circle Line | 1.3 km |
| Aljunied | East-West Line | 1.3 km |
Schools & Education
15 schools within 2 km (10 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Haig Girls' School | Primary | 260m |
| Kong Hwa School | Primary | 580m |
| Tanjong Katong Primary School | Primary | 630m |
| Geylang Methodist School (Secondary) | Secondary | 660m |
| Tao Nan School | Primary | 680m |
| Broadrick Secondary School | Secondary | 800m |
| EtonHouse International School (Broadrick) | International | 800m |
| Geylang Methodist School (Primary) | Primary | 840m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 5 | $1,449 psf | $793,600 |
| 2 BR | 2 | $1,392 psf | $1,139,000 |
| 5+ BR | 1 | $1,348 psf | $2,801,000 |
Market Position
MELROSE VILLE has recorded 8 sales at an average price of $1,130,875.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at MELROSE VILLE typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $2,660/mo | $793,600 | 4.02% | $335/mo |
| 2 BR | $3,050/mo | $1,139,000 | 3.21% | $268/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,257 psf | — |
| 2022 | 4 | $1,411 psf | ↑ 12.3% |
| 2025 | 1 | $1,348 psf | ↓ 4.5% |
| 2026 | 2 | $1,565 psf | ↑ 16.0% |
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The latest reading marks the highest point in this series — MELROSE VILLE prices have climbed 24.5% since 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 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 28-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
The profile fits car-owning households, p1 school balloting families, yield-focused investors and long-term hold (10+ yr) best. At ~577m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2011 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
MELROSE VILLE is a freehold development in District 15 (RCR), with 28 units, offering a gross yield of 3.1%.
At ~$1,493 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full MELROSE VILLE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing MELROSE VILLE against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (360m away), an upgrader gap of about $350,000
- Kallang/whampoa — 4-room average $882,887 (1.3 km away), an upgrader gap of about $250,000
- Marine Parade — 4-room average $648,065 (1.7 km away), an upgrader gap of about $500,000
FAQ
What is the average PSF for MELROSE VILLE?
Is MELROSE VILLE freehold?
What is the rental yield for MELROSE VILLE?
Which MRT is nearest to MELROSE VILLE?
Sources & Next Steps
- MELROSE VILLE 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: 8 transactions
- Rental data: 40 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 8 records analysed · Source: URA private-sale caveats