Prospero Ville
Located in District 15 (Joo Chiat, Amber Road, Katong), Prospero Ville is a freehold condominium in the Outside Central Region (OCR). Completed in 2001, the development comprises 20 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PROSPERO VILLE is a freehold condominium at LORONG K TELOK KURAU in District 15 (OCR), developed by , comprising 20 units, completed in 2001.
Location & Connectivity
PROSPERO VILLE is approximately 790m from Kembangan MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Kembangan | East-West Line | 790m |
| Marine Terrace | Thomson-East Coast Line | 820m |
| Siglap | Thomson-East Coast Line | 1.3 km |
| Eunos | East-West Line | 1.4 km |
Schools & Education
13 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 170m |
| Chung Cheng High School (Main) | Secondary | 880m |
| East Coast Primary School | Primary | 1.1 km |
| Global Indian International School (GIIS East Coast) | International | 1.2 km |
| Canossa Catholic Primary School | Primary | 1.5 km |
| Tanjong Katong Girls' School | Secondary | 1.6 km |
| Canadian International School (Tanjong Katong) | International | 1.6 km |
| Broadrick Secondary School | Secondary | 1.7 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 5 | $1,278 psf | $1,352,600 |
| 5+ BR | 1 | $1,011 psf | $2,100,000 |
Market Position
PROSPERO VILLE has recorded 6 sales at an average price of $1,477,167.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,006 psf | — |
| 2022 | 2 | $1,155 psf | ↑ 14.8% |
| 2023 | 1 | $1,561 psf | ↑ 35.1% |
| 2024 | 1 | $1,510 psf | ↓ 3.3% |
| 2026 | 1 | $1,011 psf | ↓ 33.0% |
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PROSPERO VILLE prices have cooled 35.2% from the 2023 peak, yet remain 0.5% above where the series began in 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
- 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 20 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 car-owning households, long-term hold (10+ yr), en-bloc speculators and freehold / generational hold best. At ~785m 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 2001 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
PROSPERO VILLE is a freehold development in District 15 (OCR), with 20 units, offering a gross yield of 3.1%.
At ~$1,011 psf, it represents a competitive entry point in the OCR segment.
Explore the full PROSPERO VILLE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PROSPERO VILLE against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (840m away), an upgrader gap of about $850,000
- Bedok — 4-room average $659,895 (1 km away), an upgrader gap of about $800,000
- Geylang — 4-room average $761,443 (1.3 km away), an upgrader gap of about $700,000
FAQ
What is the average PSF for PROSPERO VILLE?
Is PROSPERO VILLE freehold?
What is the rental yield for PROSPERO VILLE?
Which MRT is nearest to PROSPERO VILLE?
Sources & Next Steps
- PROSPERO 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: 6 transactions
- Rental data: 19 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2026 · 6 records analysed · Source: URA private-sale caveats