The Cape
Located in District 15 (Joo Chiat, Amber Road, Katong), The Cape is a freehold condominium in the Rest of Central Region (RCR). The development was completed in 2014 and comprises 76 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
THE CAPE is a freehold condominium at AMBER ROAD in District 15 (RCR), developed by BEAUTY WORLD PROPERTIES PTE LTD, comprising 76 units, completed in 2014.
Location & Connectivity
THE CAPE is approximately 570m from Marine Parade MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Parade | Thomson-East Coast Line | 570m |
| Tanjong Katong | Thomson-East Coast Line | 910m |
Schools & Education
10 schools within 2 km (7 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 530m |
| Tanjong Katong Primary School | Primary | 800m |
| Tao Nan School | Primary | 810m |
| Canadian International School (Tanjong Katong) | International | 830m |
| Broadrick Secondary School | Secondary | 860m |
| EtonHouse International School (Broadrick) | International | 860m |
| Tanjong Katong Girls' School | Secondary | 920m |
| Haig Girls' School | Primary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 13 | $1,878 psf | $1,140,769 |
| 2 BR | 2 | $1,984 psf | $1,687,500 |
| 3 BR | 7 | $2,004 psf | $2,313,968 |
Market Position
THE CAPE has recorded 22 sales at an average price of $1,563,763.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at THE CAPE typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 1 BR | $3,275/mo | $1,140,769 | 3.45% |
| 2 BR | $4,471/mo | $1,687,500 | 3.18% |
| 3 BR | $6,873/mo | $2,313,968 | 3.56% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 10 | $1,727 psf | — |
| 2022 | 2 | $2,057 psf | ↑ 19.1% |
| 2023 | 1 | $1,920 psf | ↓ 6.7% |
| 2024 | 3 | $2,132 psf | ↑ 11.0% |
| 2025 | 6 | $2,118 psf | ↓ 0.6% |
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THE CAPE prices are holding within 0.6% of the 2024 peak, 22.6% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% 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 |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
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 76 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
This is a strong match for multi-generational families, car-owning households, international school families and long-term hold (10+ yr). Editorial fit: 'Families needing 3+ bedroom units above 1,000 sqft — The Cape's compact unit mix is not suited to large families'. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
Verdict
THE CAPE is a freehold development in District 15 (RCR), with 76 units, offering a gross yield of 2.9%.
At ~$2,118 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full THE CAPE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE CAPE against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (540m away), an upgrader gap of about $900,000
- Geylang — 4-room average $761,443 (1.3 km away), an upgrader gap of about $800,000
- Kallang/whampoa — 4-room average $882,887 (1.9 km away), an upgrader gap of about $700,000
FAQ
What is the average PSF for THE CAPE?
Is THE CAPE freehold?
What is the rental yield for THE CAPE?
Which MRT is nearest to THE CAPE?
Sources & Next Steps
- THE CAPE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 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: 22 transactions
- Rental data: 199 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2025 · 22 records analysed · Source: URA private-sale caveats