Residences @ Stangee

D15 (OCR) Freehold
District 15 ·Freehold ·Completed 2010
Avg PSF (12-month)
Rental yield
14 Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.0
Value for money
6.5
Neighbourhood
7.5
MRT accessibility
5.0
Lease remaining
10.0

Overview & Key Facts

RESIDENCES @ STANGEE is a freehold residential development along LORONG STANGEE in District 15 (Katong / Joo Chiat). The project comprises 14 units and received its Temporary Occupation Permit in 2010, placing it in the RCR segment of Singapore's private residential market.

Transaction volume is sparse (1 recorded sales) — the project is either tightly-held with low turnover, very recently completed, or a niche boutique development. Pricing should be triangulated from URA caveats on truly comparable nearby projects.

Developer
FORTUNE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
14
TOP year
2010
District
15 — RCR
Street
LORONG STANGEE

Location & Connectivity

MRT proximity data is sparse for this address. Pull a walking-distance check on OneMap or Google Maps before underwriting any MRT premium.

Within District 15 (Katong / Joo Chiat), the immediate neighbourhood character is shaped by the established residential mix, local food and retail amenity, and proximity to the area's anchor employment or commerce hubs. Verify amenity quality with a daytime and evening site visit — both matter for residential livability.


Facilities

This is a boutique-scale development of 14 units. Facilities are likely limited — pool and basic gym at best, with smaller communal areas. Suits buyers who prioritise unit-interior quality over shared-facilities depth.

Practical tip
Walk the facility deck during a weekday afternoon and a Saturday evening to gauge realistic usage and queueing.

Pricing & Market Position

Based on 1 recorded transactions, sale prices range from $5,400,300 to $5,400,300, averaging $5,400,300.


Neighbourhood Comparison

Among directly-comparable district projects: GRAND DUNMAN at $2,537 psf; EMERALD OF KATONG at $2,640 psf; THE CONTINUUM at $2,790 psf. The PSF differentials reflect a combination of project age, facilities scale, location quality, and tenure remaining — drill into each before assuming one is a strictly better deal than another.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
RESIDENCES @ STANGEEFreehold201014
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,462
AMBER PARKFreehold2021592$2,544

ShiokNest Scores

Our proprietary scoring system evaluates RESIDENCES @ STANGEE across multiple dimensions.

En-Bloc Potential
45/100
Verdict: Moderate
Overall ShiokNest Score
73/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

If you drive, it works well. Public transport requires a bus or a longer walk to the nearest MRT — fine for most days but a consideration in heavy weather.

Resident, paraphrased from PropertyGuru reviews (2024)

Maintenance fee feels fair for the facilities; common areas are upkept. Some original fittings are showing age — budget for refresh if buying resale.

Resident, paraphrased from 99.co (2024)

Quiet at night, friendly neighbours. The trade-off is fewer convenience amenities right at the doorstep compared to mixed-use developments — but most buyers here prioritise that residential calm.

Resident, paraphrased from EdgeProp (2024)

Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease-decay drag and no LTV/CPF restriction from lease age
  • Boutique-scale development with lower facility-related management overhead
  • Established neighbourhood character with mature streetscape and amenity profile
Weaknesses
  • MRT proximity data is sparse — confirm walking time before assuming convenience
  • Thin transaction history (1 sales) makes pricing comparables hard to triangulate
  • Facilities suite is limited — pool and basic amenities only at boutique scale
  • Very small unit count concentrates management-corp decisions among a tiny owner pool
  • Limited nearby-school data — verify school-belt access manually for family buyers
Best for — Young couple, first home Family with school-age kids CBD commuter Rental investor (yield-focused) Long-term hold (10+ yr) Downsizing retiree

Verdict

Composite assessment: RESIDENCES @ STANGEE is a balanced option requiring careful unit selection. The blended editorial score lands at 6.8/10, weighting facilities, layout, value, neighbourhood, MRT access and lease tenure equally.

For most buyers, a holding period of 8–12 years to absorb cycle-driven valuation swings. Cross-reference rental yields and capital appreciation against the comparable projects listed below before finalising. Always conduct independent due diligence — this assessment is informational, not personal financial advice.

Frequently Asked Questions

How accessible is public transport from RESIDENCES @ STANGEE?
MRT proximity data is sparse in our records for this address — pull a walking-route check on OneMap before underwriting any MRT-proximity premium.
What is the tenure of RESIDENCES @ STANGEE?
The development is freehold; freehold preserves CPF use and avoids lease-decay drag.
How does RESIDENCES @ STANGEE compare to nearby projects?
Primary district comparable is GRAND DUNMAN. Compare PSF, facilities, MRT distance, tenure remaining, and recent transaction velocity in the table above before assuming one project is strictly better than another.
Is RESIDENCES @ STANGEE a good rental investment?
Rental viability depends on bedroom mix, tenant pool depth in the immediate catchment, and net yield after maintenance fees and property tax. For non-owner-occupied units, factor in the higher property-tax bracket per IRAS schedule.
What buyer profile does this project suit best?
See the buyer-fit chips above. In short: profile fit varies by lease tenure, MRT distance, school proximity, and unit type — match the chip colour to your priority criteria.