Ricchezza
Located in District 15 (Joo Chiat, Amber Road, Katong), Ricchezza is a freehold condominium in the Outside Central Region (OCR). Completed in 2009, the development comprises 16 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
RICCHEZZA is a freehold condominium at LORONG M TELOK KURAU in District 15 (OCR), developed by BRAVO BUILDING CONSTRUCTION PTE LTD, comprising 16 units, completed in 2009.
Location & Connectivity
RICCHEZZA is approximately 550m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 550m |
| Kembangan | East-West Line | 1.1 km |
| Siglap | Thomson-East Coast Line | 1.2 km |
| Marine Parade | Thomson-East Coast Line | 1.4 km |
Schools & Education
14 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 270m |
| Chung Cheng High School (Main) | Secondary | 780m |
| East Coast Primary School | Primary | 1 km |
| Global Indian International School (GIIS East Coast) | International | 1 km |
| Canadian International School (Tanjong Katong) | International | 1.6 km |
| Tanjong Katong Girls' School | Secondary | 1.6 km |
| Canossa Catholic Primary School | Primary | 1.7 km |
| CHIJ (Katong) Primary | Primary | 1.7 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,337 psf | $1,180,000 |
| 3 BR | 3 | $1,290 psf | $1,426,296 |
Market Position
RICCHEZZA has recorded 4 sales at an average price of $1,364,722.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,288 psf | — |
| 2022 | 1 | $1,392 psf | ↑ 8.1% |
| 2024 | 1 | $1,239 psf | ↓ 11.0% |
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RICCHEZZA prices have cooled 11.0% from the 2022 peak, yet remain 3.8% below 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 0 transactions 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
This is a strong match for families with young children, mrt-walkable commuters, car-owning households and p1 school balloting families. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For quiet sanctuary seekers and yield-focused investors, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2009 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
RICCHEZZA is a freehold development in District 15 (OCR), with 16 units, offering a gross yield of 2.8%.
Explore the full RICCHEZZA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing RICCHEZZA against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (530m away), an upgrader gap of about $700,000
- Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $700,000
- Geylang — 4-room average $761,443 (1.6 km away), an upgrader gap of about $600,000
FAQ
What is the average PSF for RICCHEZZA?
Is RICCHEZZA freehold?
What is the rental yield for RICCHEZZA?
Which MRT is nearest to RICCHEZZA?
Sources & Next Steps
- RICCHEZZA 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: 4 transactions
- Rental data: 22 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2024 · 4 records analysed · Source: URA private-sale caveats