Prestige Residence
Located in District 15 (Joo Chiat, Amber Road, Katong), Prestige Residence is a freehold condominium in the Outside Central Region (OCR). The development was completed in 2008 and comprises 16 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PRESTIGE RESIDENCE is a freehold condominium at LORONG G TELOK KURAU in District 15 (OCR), developed by FRAGRANCE LAND PTE LTD, comprising 16 units, completed in 2008.
Location & Connectivity
PRESTIGE RESIDENCE is approximately 550m from Kembangan MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Kembangan | East-West Line | 550m |
| Eunos | East-West Line | 860m |
| Marine Terrace | Thomson-East Coast Line | 1.2 km |
Schools & Education
13 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 580m |
| Canossa Catholic Primary School | Primary | 950m |
| Tanjong Katong Girls' School | Secondary | 1.4 km |
| Canadian International School (Tanjong Katong) | International | 1.4 km |
| Chung Cheng High School (Main) | Secondary | 1.4 km |
| Broadrick Secondary School | Secondary | 1.5 km |
| EtonHouse International School (Broadrick) | International | 1.5 km |
| CHIJ (Katong) Primary | Primary | 1.6 km |
Market Position
PRESTIGE RESIDENCE has recorded 3 sales at an average price of $1,353,333.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,111 psf | — |
| 2023 | 1 | $1,464 psf | ↑ 31.8% |
| 2025 | 1 | $1,525 psf | ↑ 4.1% |
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PRESTIGE RESIDENCE prices sit at a fresh series high after a 4.1% gain on the prior period, now 37.3% above the 2021 starting level.
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
- Only 1 transaction 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 16 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
The profile fits empty nesters / downsizers, car-owning households, yield-focused investors and long-term hold (10+ yr) best. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
Verdict
PRESTIGE RESIDENCE is a freehold development in District 15 (OCR), with 16 units, offering a gross yield of 3.0%.
At ~$1,525 psf, it represents a competitive entry point in the OCR segment.
Explore the full PRESTIGE RESIDENCE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PRESTIGE RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (690m away), an upgrader gap of about $700,000
- Geylang — 4-room average $761,443 (760m away), an upgrader gap of about $600,000
- Marine Parade — 4-room average $648,065 (1.3 km away), an upgrader gap of about $700,000
FAQ
What is the average PSF for PRESTIGE RESIDENCE?
Is PRESTIGE RESIDENCE freehold?
What is the rental yield for PRESTIGE RESIDENCE?
Which MRT is nearest to PRESTIGE RESIDENCE?
Sources & Next Steps
- PRESTIGE RESIDENCE 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: 3 transactions
- Rental data: 19 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Dec 2025 · 3 records analysed · Source: URA private-sale caveats