Ola Residences
Ola Residences is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Rest of Central Region (RCR). The development was completed in 2012 and comprises 50 units. Sale and rental figures on this page are compiled from URA transaction records.
OLA RESIDENCES
Over the 12 months to Sep 2025, Ola Residences recorded 2 resale transactions at a median $1,352 psf (median price $4,375,000), and 11 rental contracts at a median $4,600/mo, a gross rental yield of 1.3%. Source: URA caveat data, as of Sep 2025.
Ola Residences's median of $1,352 psf over the trailing 12 months places its pricing above roughly 52% of District 15 condos; resale liquidity has been limited with 2 caveats lodged; the 1.3% 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 |
|---|---|---|---|---|---|
| Sep-25 | $4,750,000 | $1,466 psf | 3,240 sqft | 01 to 05 | 5BR |
| Aug-25 | $4,000,000 | $1,239 psf | 3,229 sqft | 01 to 05 | 5BR |
| Apr-25 | $4,310,000 | $1,992 psf | 2,164 sqft | 01 to 05 | 5BR |
| Dec-24 | $4,408,888 | $1,534 psf | 2,874 sqft | 01 to 05 | 5BR |
| Jul-24 | $2,960,000 | $1,910 psf | 1,550 sqft | 01 to 05 | 4BR |
| Jul-23 | $2,248,000 | $1,559 psf | 1,442 sqft | 01 to 05 | 4BR |
| Jun-22 | $1,060,000 | $1,448 psf | 732 sqft | 01 to 05 | 2BR |
| Dec-21 | $3,300,000 | $1,713 psf | 1,927 sqft | 01 to 05 | 5BR |
Can I afford Ola Residences?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $4,375,000.
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.