Mill Creek

D14 (RCR) Freehold

Mill Creek is a freehold condominium in District 14 (Geylang, Eunos), within Singapore's Outside Central Region (OCR). The development was completed in 2012 and comprises 18 units. Sale and rental figures on this page are compiled from URA transaction records.

District 14 · Freehold · Completed 2012
Avg PSF (12-month)
18Total units
Category Ratings
Facilities
3.0
Unit size & layout
6.5
Value for money
8.5
Neighbourhood
7.5
MRT accessibility
9.5
Lease remaining
10.0

Overview & Key Facts

MILL CREEK is a freehold condominium at LORONG MARZUKI in District 14 (OCR), developed by DSL PROPERTIES PTE LTD, comprising 18 units, completed in 2012.

Developer
DSL PROPERTIES PTE LTD
Tenure
Freehold
Total units
18
TOP year
2012
District
14 — OCR
Street
LORONG MARZUKI

Location & Connectivity

MILL CREEK is approximately 360m from Kembangan MRT station, with 3 stations within 1.5 km.

MRT stations near MILL CREEK
StationLineDistance
KembanganEast-West Line360m
EunosEast-West Line770m
Marine TerraceThomson-East Coast Line1.5 km

Schools & Education

12 schools within 2 km (2 within 1 km priority zone).

Schools near MILL CREEK
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary850m
Canossa Catholic Primary SchoolPrimary960m
Tanjong Katong Girls' SchoolSecondary1.6 km
Chung Cheng High School (Main)Secondary1.6 km
Canadian International School (Tanjong Katong)International1.6 km
Broadrick Secondary SchoolSecondary1.7 km
EtonHouse International School (Broadrick)International1.7 km
East Coast Primary SchoolPrimary1.8 km

Unit Mix & Pricing

Unit mix for MILL CREEK
TypeSalesAvg PSFAvg Price
2 BR2$1,212 psf$1,025,444
3 BR1$1,206 psf$1,350,000
5+ BR1$966 psf$1,850,800

Market Position

MILL CREEK has recorded 4 sales at an average price of $1,312,922.

MILL CREEK sits at the 27th percentile of District 14 condo PSF.
Avg PSF (12mo)
$1,312,922
Avg Price
2.9%
Gross Yield
4
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at MILL CREEK 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:

Per-bedroom gross yield at MILL CREEK
TypeAvg RentAvg PriceGross YieldRent per $100k
2 BR$3,494/mo$1,025,4444.09%$341/mo
3 BR$4,100/mo$1,350,0003.64%$304/mo

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Price Appreciation

PSF trend for MILL CREEK
YearSalesAvg PSFChange
20212$1,080 psf
20221$1,230 psf↑ 13.8%
20231$1,206 psf↓ 1.9%

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MILL CREEK prices are holding within 1.9% of the 2022 peak, 11.6% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 14 reads 119.9 as of June 2026 — down 6.9% 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

District 14 competitors
CondoTenureAvg PSFSales
PARC ESTA99 yrs lease commencing from 2018$2,188 psf496
SIMS URBAN OASIS99 yrs lease commencing from 2014$1,766 psf375
PENROSE99 yrs lease commencing from 2019$1,933 psf359
EUHABITAT99 yrs lease commencing from 2010$1,331 psf244
THE ANTARES99 yrs lease commencing from 2018$1,835 psf230

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 18 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). Located ~363m from Kembangan MRT, this property is a comfortable daily walk for transit commuters.

For p1 school balloting families and yield-focused investors, it can work — but weigh the trade-offs before committing.

It is a weaker fit for short-term flippers (<5 yr), en-bloc speculators and resort facilities — other options likely serve them better. TOP 2012 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.


Verdict

MILL CREEK is a freehold development in District 14 (OCR), with 18 units, offering a gross yield of 2.9%.

Explore the full MILL CREEK dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing MILL CREEK against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (400m away), an upgrader gap of about $650,000
  • Geylang — 4-room average $761,443 (600m away), an upgrader gap of about $550,000
  • Marine Parade — 4-room average $648,065 (1.6 km away), an upgrader gap of about $650,000

FAQ

What is the average PSF for MILL CREEK?
PSF data is not yet available.
Is MILL CREEK freehold?
Yes, MILL CREEK is a freehold property.
What is the rental yield for MILL CREEK?
The estimated gross yield is 2.9%.
Which MRT is nearest to MILL CREEK?
The nearest is Kembangan MRT at 360m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 4 transactions
  • Rental data: 37 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of November 2023

Latest recorded data point: Nov 2023 · 4 records analysed · Source: URA private-sale caveats