The Glacier

D15 (OCR) Freehold

Located in District 15 (Joo Chiat, Amber Road, Katong), The Glacier is a freehold condominium in the Outside Central Region (OCR). Completed in 2005, the development comprises 30 units. Sale and rental figures on this page are compiled from URA transaction records.

District 15 · Freehold · Completed 2005
~$1,610Avg PSF (12-month)
30Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.5
Value for money
7.5
Neighbourhood
8.0
MRT accessibility
7.0
Lease remaining
10.0

Overview & Key Facts

THE GLACIER is a freehold condominium at JOO CHIAT PLACE in District 15 (OCR), developed by , comprising 30 units, completed in 2005.

Developer
Tenure
Freehold
Total units
30
TOP year
2005
District
15 — OCR
Street
JOO CHIAT PLACE

Location & Connectivity

THE GLACIER is approximately 780m from Eunos MRT station, with 4 stations within 1.5 km.

MRT stations near THE GLACIER
StationLineDistance
EunosEast-West Line780m
KembanganEast-West Line960m
Marine TerraceThomson-East Coast Line1.1 km
Marine ParadeThomson-East Coast Line1.3 km

Schools & Education

14 schools within 2 km (4 within 1 km priority zone).

Schools near THE GLACIER
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary700m
Canossa Catholic Primary SchoolPrimary710m
Tanjong Katong Girls' SchoolSecondary950m
Canadian International School (Tanjong Katong)International990m
Broadrick Secondary SchoolSecondary1.1 km
EtonHouse International School (Broadrick)International1.1 km
CHIJ (Katong) PrimaryPrimary1.2 km
Tao Nan SchoolPrimary1.3 km

Unit Mix & Pricing

Unit mix for THE GLACIER
TypeSalesAvg PSFAvg Price
3 BR2$1,488 psf$2,002,500
4 BR3$1,374 psf$1,909,629
5+ BR2$895 psf$2,055,000

Market Position

THE GLACIER has recorded 7 sales at an average price of $1,977,698.

THE GLACIER sits at the 13th percentile of District 15 condo PSF.
$1,610 psf
Avg PSF (12mo)
$1,977,698
Avg Price
2.6%
Gross Yield
7
Total Sales

Price Appreciation

PSF trend for THE GLACIER
YearSalesAvg PSFChange
20214$1,082 psf
20221$1,342 psf↑ 24.0%
20252$1,610 psf↑ 20.0%

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The latest reading marks the highest point in this series — THE GLACIER prices have climbed 48.8% since 2021.

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

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 30-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for car-owning households, p1 school balloting families, long-term hold (10+ yr) and freehold / generational hold. At ~776m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For international school families, it can work — but weigh the trade-offs before committing.

yield-focused investors should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

THE GLACIER is a freehold development in District 15 (OCR), with 30 units, offering a gross yield of 2.6%.

At ~$1,610 psf, it represents a competitive entry point in the OCR segment.

Explore the full THE GLACIER dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Geylang — 4-room average $761,443 (720m away), an upgrader gap of about $1,200,000
  • Bedok — 4-room average $659,895 (1.1 km away), an upgrader gap of about $1,300,000
  • Marine Parade — 4-room average $648,065 (1.1 km away), an upgrader gap of about $1,350,000

FAQ

What is the average PSF for THE GLACIER?
The 12-month average is approximately $1,610 psf.
Is THE GLACIER freehold?
Yes, THE GLACIER is a freehold property.
What is the rental yield for THE GLACIER?
The estimated gross yield is 2.6%.
Which MRT is nearest to THE GLACIER?
The nearest is Eunos MRT at 780m.

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: 7 transactions
  • Rental data: 4 leases
  • Source: URA

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

Data as of June 2025

Latest recorded data point: Jun 2025 · 7 records analysed · Source: URA private-sale caveats