Shiro

D15 (OCR) Freehold

Located in District 15 (Joo Chiat, Amber Road, Katong), Shiro is a freehold condominium in the Outside Central Region (OCR). The development was completed in 2015 and comprises 16 units. Sale and rental figures on this page are compiled from URA transaction records.

District 15 · Freehold · Completed 2015
~$1,725Avg PSF (12-month)
16Total units
Category Ratings
Facilities
3.5
Unit size & layout
6.5
Value for money
8.0
Neighbourhood
7.0
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

SHIRO is a freehold condominium at LORONG H TELOK KURAU in District 15 (OCR), developed by PRECISE DEVELOPMENT PTE LTD, comprising 16 units, completed in 2015.

Developer
PRECISE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
16
TOP year
2015
District
15 — OCR
Street
LORONG H TELOK KURAU

Location & Connectivity

SHIRO is approximately 740m from Eunos MRT station, with 4 stations within 1.5 km.

MRT stations near SHIRO
StationLineDistance
EunosEast-West Line740m
KembanganEast-West Line820m
Marine TerraceThomson-East Coast Line1.1 km
Marine ParadeThomson-East Coast Line1.4 km

Schools & Education

14 schools within 2 km (2 within 1 km priority zone).

Schools near SHIRO
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary670m
Canossa Catholic Primary SchoolPrimary740m
Tanjong Katong Girls' SchoolSecondary1.1 km
Canadian International School (Tanjong Katong)International1.1 km
Broadrick Secondary SchoolSecondary1.2 km
EtonHouse International School (Broadrick)International1.2 km
CHIJ (Katong) PrimaryPrimary1.4 km
Tao Nan SchoolPrimary1.4 km

Unit Mix & Pricing

Unit mix for SHIRO
TypeSalesAvg PSFAvg Price
Studio2$1,458 psf$659,000
2 BR2$1,499 psf$1,355,000
3 BR3$1,249 psf$1,236,629

Market Position

SHIRO has recorded 7 sales at an average price of $1,105,413.

SHIRO sits at the 28th percentile of District 15 condo PSF.
$1,725 psf
Avg PSF (12mo)
$1,105,413
Avg Price
3.4%
Gross Yield
7
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at SHIRO typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:

Per-bedroom gross yield at SHIRO
TypeAvg RentAvg PriceGross YieldRent per $100k
2 BR$4,275/mo$1,355,0003.79%$315/mo
3 BR$4,970/mo$1,236,6294.82%$402/mo

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Price Appreciation

PSF trend for SHIRO
YearSalesAvg PSFChange
20213$1,308 psf
20221$1,272 psf↓ 2.8%
20231$1,416 psf↑ 11.3%
20241$1,321 psf↓ 6.7%
20261$1,725 psf↑ 30.6%

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The latest reading marks the highest point in this series — SHIRO prices have climbed 31.9% since 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

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

  • With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 16-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, quiet sanctuary seekers, long-term hold (10+ yr) and freehold / generational hold. Parking and arterial road access matter more here than walking-distance MRT.

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

It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

SHIRO is a freehold development in District 15 (OCR), with 16 units, offering a gross yield of 3.4%.

At ~$1,725 psf, it represents a competitive entry point in the OCR segment.

Explore the full SHIRO dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Geylang — 4-room average $761,443 (690m away), an upgrader gap of about $350,000
  • Bedok — 4-room average $659,895 (920m away), an upgrader gap of about $450,000
  • Marine Parade — 4-room average $648,065 (1.2 km away), an upgrader gap of about $450,000

FAQ

What is the average PSF for SHIRO?
The 12-month average is approximately $1,725 psf.
Is SHIRO freehold?
Yes, SHIRO is a freehold property.
What is the rental yield for SHIRO?
The estimated gross yield is 3.4%.
Which MRT is nearest to SHIRO?
The nearest is Eunos MRT at 740m.

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: 7 transactions
  • Rental data: 23 leases
  • Source: URA

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

Data as of July 2026

Latest recorded data point: Jul 2026 · 7 records analysed · Source: URA private-sale caveats