Ocean Park
Located in District 15 (Joo Chiat, Amber Road, Katong), Ocean Park is a freehold condominium in the Outside Central Region (OCR). The development was completed in 1983 and comprises 298 units. Sale and rental figures on this page are compiled from URA transaction records.
OCEAN PARK
Over the 12 months to Apr 2026, Ocean Park recorded 4 resale transactions at a median $2,002 psf (median price $4,105,000), and 47 rental contracts at a median $7,500/mo, a gross rental yield of 2.2%. Source: URA caveat data, as of Apr 2026.
Ocean Park's median of $2,002 psf over the trailing 12 months places its pricing above roughly 72% of District 15 condos; resale liquidity has been limited with 4 caveats lodged; the 2.2% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Apr-26 | $4,350,000 | $2,062 psf | 2,110 sqft | 16 to 20 | 5BR |
| Dec-25 | $3,850,000 | $2,056 psf | 1,873 sqft | 11 to 15 | 4BR |
| Nov-25 | $4,110,000 | $1,948 psf | 2,110 sqft | 06 to 10 | 5BR |
| Jul-25 | $4,100,000 | $1,943 psf | 2,110 sqft | 16 to 20 | 5BR |
| Jun-25 | $2,800,000 | $2,150 psf | 1,302 sqft | 11 to 15 | 3BR |
| Jun-25 | $4,200,000 | $1,991 psf | 2,110 sqft | 11 to 15 | 5BR |
| May-25 | $3,728,000 | $1,767 psf | 2,110 sqft | 06 to 10 | 5BR |
| Nov-24 | $4,150,000 | $1,967 psf | 2,110 sqft | 16 to 20 | 5BR |
Can I afford Ocean Park?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $4,105,000.
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.