Tessa Lodge

D15 (OCR) Freehold

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.

District 15 · Freehold · Completed 2008
Avg PSF (12-month)
13Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.5
Value for money
8.5
Neighbourhood
9.0
MRT accessibility
8.0
Lease remaining
10.0

Overview & Key Facts

TESSA LODGE is a freehold condominium at MOUNTBATTEN ROAD in District 15 (RCR), developed by OHAYO INTERNATIONAL PTE LTD, comprising 13 units, completed in 2008.

Developer
OHAYO INTERNATIONAL PTE LTD
Tenure
Freehold
Total units
13
TOP year
2008
District
15 — RCR
Street
MOUNTBATTEN ROAD

Location & Connectivity

TESSA LODGE is approximately 520m from Tanjong Katong MRT station, with 3 stations within 1.5 km.

MRT stations near TESSA LODGE
StationLineDistance
Tanjong KatongThomson-East Coast Line520m
Marine ParadeThomson-East Coast Line820m
DakotaCircle Line1.3 km

Schools & Education

13 schools within 2 km (8 within 1 km priority zone).

Schools near TESSA LODGE
SchoolTypeDistance
CHIJ (Katong) PrimaryPrimary400m
Tanjong Katong Primary SchoolPrimary430m
Tao Nan SchoolPrimary490m
Broadrick Secondary SchoolSecondary630m
EtonHouse International School (Broadrick)International630m
Canadian International School (Tanjong Katong)International650m
Tanjong Katong Girls' SchoolSecondary720m
Haig Girls' SchoolPrimary890m

Unit Mix & Pricing

Unit mix for TESSA LODGE
TypeSalesAvg PSFAvg Price
2 BR1$1,484 psf$1,390,000
3 BR1$1,630 psf$2,000,000

Market Position

TESSA LODGE has recorded 2 sales at an average price of $1,695,000.

TESSA LODGE sits at the 52nd percentile of District 15 condo PSF.
Avg PSF (12mo)
$1,695,000
Avg Price
3.0%
Gross Yield
2
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at TESSA LODGE 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 TESSA LODGE
TypeAvg RentAvg PriceGross YieldRent per $100k
2 BR$4,110/mo$1,390,0003.55%$296/mo
3 BR$6,000/mo$2,000,0003.60%$300/mo

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Price Appreciation

PSF trend for TESSA LODGE
YearSalesAvg PSFChange
20211$1,484 psf
20241$1,630 psf↑ 9.8%

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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

  • Only 0 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 13 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

This is a strong match for mrt-walkable commuters, car-owning households, p1 school balloting families and international school families. MRT proximity is the standout commute feature for daily transit users.

yield-focused investors and en-bloc speculators should probably look elsewhere. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

TESSA LODGE is a freehold development in District 15 (RCR), with 13 units, offering a gross yield of 3.0%.

Explore the full TESSA LODGE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Marine Parade — 4-room average $648,065 (810m away), an upgrader gap of about $1,050,000
  • Geylang — 4-room average $761,443 (950m away), an upgrader gap of about $950,000
  • Kallang/whampoa — 4-room average $882,887 (1.6 km away), an upgrader gap of about $800,000

FAQ

What is the average PSF for TESSA LODGE?
PSF data is not yet available.
Is TESSA LODGE freehold?
Yes, TESSA LODGE is a freehold property.
What is the rental yield for TESSA LODGE?
The estimated gross yield is 3.0%.
Which MRT is nearest to TESSA LODGE?
The nearest is Tanjong Katong 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: 2 transactions
  • Rental data: 11 leases
  • Source: URA

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

Data as of September 2024

Latest recorded data point: Sep 2024 · 2 records analysed · Source: URA private-sale caveats