Tessa Lodge
Tessa Lodge is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Rest of Central Region (RCR). Completed in 2008, the development comprises 13 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
TESSA LODGE
Over the 12 months to Sep 2024, Tessa Lodge recorded 2 rental contracts at a median $4,000/mo. Source: URA caveat data, as of Sep 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Sep-24 | $2,000,000 | $1,630 psf | 1,227 sqft | 01 to 05 | 3BR |
| Nov-21 | $1,390,000 | $1,484 psf | 936 sqft | 01 to 05 | 2BR |
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.