Residence 118
Located in District 15 (Joo Chiat, Amber Road, Katong), Residence 118 is a freehold condominium in the Outside Central Region (OCR). Completed in 2006, the development comprises 11 units. Sale and rental figures on this page are compiled from URA transaction records.
RESIDENCE 118
Over the 12 months to Dec 2025, Residence 118 recorded 1 resale transaction at a median $1,536 psf (median price $1,290,000), and 2 rental contracts at a median $3,650/mo, a gross rental yield of 3.4%. Source: URA caveat data, as of Dec 2025.
Residence 118's median of $1,536 psf over the trailing 12 months places its pricing below roughly 63% of District 15 condos; resale liquidity has been limited with 1 caveat lodged; the 3.4% gross rental yield sits above 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 |
|---|---|---|---|---|---|
| Dec-25 | $1,290,000 | $1,536 psf | 840 sqft | 01 to 05 | 2BR |
| May-23 | $1,100,000 | $1,345 psf | 818 sqft | 01 to 05 | 2BR |
Can I afford Residence 118?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,290,000.
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.