Santa Fe Mansions

D15 (OCR) Freehold

Located in District 15 (Joo Chiat, Amber Road, Katong), Santa Fe Mansions is a freehold condominium in the Rest of Central Region (RCR). The development was completed in 1998 and comprises 45 units. Sale and rental figures on this page are compiled from URA transaction records.

District 15 · Freehold · Completed 1998
~$1,797Avg PSF (12-month)
45Total units
Category Ratings
Facilities
5.0
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
7.5
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

SANTA FE MANSIONS is a freehold condominium at MARGATE ROAD in District 15 (RCR), developed by SANTA DEVELOPMENT PTE LTD, comprising 45 units, completed in 1998.

Developer
SANTA DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
45
TOP year
1998
District
15 — RCR
Street
MARGATE ROAD

Location & Connectivity

SANTA FE MANSIONS is approximately 520m from Katong Park MRT station, with 4 stations within 1.5 km.

MRT stations near SANTA FE MANSIONS
StationLineDistance
Katong ParkThomson-East Coast Line520m
Tanjong KatongThomson-East Coast Line730m
DakotaCircle Line920m
MountbattenCircle Line950m

Schools & Education

13 schools within 2 km.

Schools near SANTA FE MANSIONS
SchoolTypeDistance
Tanjong Katong Primary SchoolPrimary1.2 km
One World International School (Mountbatten)International1.2 km
Tao Nan SchoolPrimary1.3 km
Haig Girls' SchoolPrimary1.4 km
Geylang Methodist School (Secondary)Secondary1.4 km
Geylang Methodist School (Primary)Primary1.4 km
CHIJ (Katong) PrimaryPrimary1.5 km
Broadrick Secondary SchoolSecondary1.6 km

Market Position

SANTA FE MANSIONS has recorded 10 sales at an average price of $1,861,500.

SANTA FE MANSIONS sits at the 67th percentile of District 15 condo PSF.
$1,797 psf
Avg PSF (12mo)
$1,861,500
Avg Price
2.4%
Gross Yield
10
Total Sales

Price Appreciation

PSF trend for SANTA FE MANSIONS
YearSalesAvg PSFChange
20211$1,533 psf
20223$1,561 psf↑ 1.8%
20252$1,763 psf↑ 12.9%
20264$1,814 psf↑ 2.9%

Loading chart data...

SANTA FE MANSIONS prices sit at a fresh series high after a 2.9% gain on the prior period, now 18.3% 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.

Loading chart data...


Neighbourhood Comparison

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf913
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf783
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf645
AMBER PARKFreehold$2,549 psf397

What Could Work Against You

  • Only 6 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 45 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: empty nesters / downsizers, car-owning households, long-term hold (10+ yr) and en-bloc speculators. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.

For mrt-walkable commuters and yield-focused investors, it can work — but weigh the trade-offs before committing.

resort facilities should probably look elsewhere. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.


Verdict

SANTA FE MANSIONS is a freehold development in District 15 (RCR), with 45 units, offering a gross yield of 2.4%.

At ~$1,797 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full SANTA FE MANSIONS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing SANTA FE MANSIONS against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (510m away), an upgrader gap of about $1,000,000
  • Geylang — 4-room average $761,443 (770m away), an upgrader gap of about $1,100,000
  • Marine Parade — 4-room average $648,065 (1.9 km away), an upgrader gap of about $1,200,000

FAQ

What is the average PSF for SANTA FE MANSIONS?
The 12-month average is approximately $1,797 psf.
Is SANTA FE MANSIONS freehold?
Yes, SANTA FE MANSIONS is a freehold property.
What is the rental yield for SANTA FE MANSIONS?
The estimated gross yield is 2.4%.
Which MRT is nearest to SANTA FE MANSIONS?
The nearest is Katong Park MRT at 520m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 10 transactions
  • Rental data: 45 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 10 records analysed · Source: URA private-sale caveats