Teresa 8
Teresa 8 is a freehold condominium in District 4 (Telok Blangah, Harbourfront), within Singapore's Rest of Central Region (RCR). Completed in 2008, the development comprises 11 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
TERESA 8 is a freehold condominium at BUKIT TERESA CLOSE in District 4 (RCR), developed by ASTON HOLDINGS PTE LTD, comprising 11 units, completed in 2008.
Location & Connectivity
TERESA 8 is approximately 510m from Keppel MRT station, with 5 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Keppel | Circle Line | 510m |
| Cantonment | Circle Line | 910m |
| Tiong Bahru | East-West Line | 1.1 km |
| HarbourFront | North-East Line | 1.3 km |
| HarbourFront | Circle Line | 1.3 km |
Schools & Education
9 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Shelton College International | International | 640m |
| Cantonment Primary School | Primary | 920m |
| Radin Mas Primary School | Primary | 1 km |
| Bukit Merah Secondary School | Secondary | 1.2 km |
| Blangah Rise Primary School | Primary | 1.2 km |
| Henderson Secondary School | Secondary | 1.4 km |
| Outram Secondary School | Secondary | 1.4 km |
| Gan Eng Seng School | Secondary | 1.4 km |
Market Position
TERESA 8 has recorded 3 sales at an average price of $3,151,667.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $929 psf | — |
| 2022 | 1 | $1,024 psf | ↑ 10.2% |
| 2025 | 1 | $1,163 psf | ↑ 13.6% |
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TERESA 8 prices sit at a fresh series high after a 13.6% gain on the prior period, now 25.2% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 4 reads 91.6 as of March 2026 — up 4.6% 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 |
|---|---|---|---|
| REFLECTIONS AT KEPPEL BAY | 99 yrs lease commencing from 2006 | $1,740 psf | 383 |
| THE INTERLACE | 99 yrs lease commencing from 2009 | $1,475 psf | 247 |
| CARIBBEAN AT KEPPEL BAY | 99 yrs lease commencing from 1999 | $1,769 psf | 213 |
| THE REEF AT KING'S DOCK | 99 yrs lease commencing from 2021 | $2,468 psf | 175 |
| THE RESIDENCES AT W SINGAPORE SENTOSA COVE | 99 yrs lease commencing from 2006 | $1,807 psf | 120 |
What Could Work Against You
- Only 1 transaction 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 11 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
Buyers most likely to be happy here: car-owning households, cbd walking distance, freehold / generational hold and boutique low-density (<100 units). At ~509m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
long-term hold (10+ yr) should probably look elsewhere. Freehold tenure removes lease-decay drag for a 10+ year hold.
Verdict
TERESA 8 is a freehold development in District 4 (RCR), with 11 units, offering a gross yield of 2.6%.
At ~$1,163 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full TERESA 8 dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing TERESA 8 against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (160m away), an upgrader gap of about $2,250,000
- Central Area — 4-room average $1,088,814 (1.7 km away), an upgrader gap of about $2,050,000
FAQ
What is the average PSF for TERESA 8?
Is TERESA 8 freehold?
What is the rental yield for TERESA 8?
Which MRT is nearest to TERESA 8?
Sources & Next Steps
- TERESA 8 Dashboard — Live charts and analytics
- URA — Official transaction data
- District 4 (Telok Blangah, Harbourfront) — District 4 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: 3 transactions
- Rental data: 2 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 3 records analysed · Source: URA private-sale caveats