Straits Residences
Straits Residences is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Rest of Central Region (RCR). Completed in 2013, the development comprises 30 units. Sale and rental figures on this page are compiled from URA transaction records.
STRAITS RESIDENCES
Over the 12 months to Dec 2024, Straits Residences recorded 5 rental contracts at a median $2,700/mo. Source: URA caveat data, as of Dec 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Dec-24 | $638,000 | $1,852 psf | 344 sqft | 01 to 05 | Studio |
| Mar-23 | $868,000 | $1,646 psf | 527 sqft | 01 to 05 | 1BR |
| Jan-23 | $820,000 | $1,621 psf | 506 sqft | 01 to 05 | 1BR |
| Aug-22 | $645,000 | $1,498 psf | 431 sqft | 01 to 05 | Studio |
| May-22 | $1,200,000 | $1,376 psf | 872 sqft | 01 to 05 | 2BR |
| Mar-22 | $668,000 | $1,551 psf | 431 sqft | 01 to 05 | Studio |
| Oct-21 | $728,000 | $1,353 psf | 538 sqft | 01 to 05 | 1BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.