Ritz Regency
Located in District 15 (Joo Chiat, Amber Road, Katong), Ritz Regency is a freehold condominium in the Rest of Central Region (RCR). The development was completed in 2010 and comprises 27 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
RITZ REGENCY is a freehold condominium at IPOH LANE in District 15 (RCR), developed by KWANG LEE HANG PTE LTD, comprising 27 units, completed in 2010.
Location & Connectivity
RITZ REGENCY is approximately 710m from Paya Lebar MRT station, with 7 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Paya Lebar | East-West Line | 710m |
| Paya Lebar | Circle Line | 710m |
| Dakota | Circle Line | 770m |
| Tanjong Katong | Thomson-East Coast Line | 810m |
| Eunos | East-West Line | 1.3 km |
| Aljunied | East-West Line | 1.4 km |
Schools & Education
14 schools within 2 km (12 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Haig Girls' School | Primary | 150m |
| Tanjong Katong Primary School | Primary | 610m |
| Tao Nan School | Primary | 620m |
| Kong Hwa School | Primary | 630m |
| Broadrick Secondary School | Secondary | 690m |
| EtonHouse International School (Broadrick) | International | 690m |
| Tanjong Katong Girls' School | Secondary | 730m |
| Canadian International School (Tanjong Katong) | International | 790m |
Market Position
RITZ REGENCY has recorded 6 sales at an average price of $1,803,648.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 4 | $1,405 psf | — |
| 2022 | 1 | $1,558 psf | ↑ 10.9% |
| 2024 | 1 | $1,783 psf | ↑ 14.4% |
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RITZ REGENCY prices sit at a fresh series high after a 14.4% gain on the prior period, now 26.9% 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 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 27 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 car-owning households, p1 school balloting families, long-term hold (10+ yr) and freehold / generational hold. At ~712m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
For 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 2010 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
RITZ REGENCY is a freehold development in District 15 (RCR), with 27 units, offering a gross yield of 2.9%.
Explore the full RITZ REGENCY dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing RITZ REGENCY against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (200m away), an upgrader gap of about $1,050,000
- Kallang/whampoa — 4-room average $882,887 (1.5 km away), an upgrader gap of about $900,000
- Marine Parade — 4-room average $648,065 (1.6 km away), an upgrader gap of about $1,150,000
FAQ
What is the average PSF for RITZ REGENCY?
Is RITZ REGENCY freehold?
What is the rental yield for RITZ REGENCY?
Which MRT is nearest to RITZ REGENCY?
Sources & Next Steps
- RITZ REGENCY 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: 23 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2024 · 6 records analysed · Source: URA private-sale caveats