The Mkz
The Mkz is a freehold condominium located in District 9 (Orchard, Cairnhill, River Valley), part of the Core Central Region (CCR). Completed in 2017, the development comprises 42 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
THE MKZ is a freehold condominium at MACKENZIE ROAD in District 9 (CCR), developed by RL CENTRAL PTE LTD, comprising 42 units, completed in 2017.
Location & Connectivity
THE MKZ is approximately 300m from Little India MRT station, with 15 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Little India | North-East Line | 300m |
| Little India | Downtown Line | 300m |
| Rochor | Downtown Line | 750m |
| Dhoby Ghaut | North-South Line | 870m |
| Dhoby Ghaut | North-East Line | 870m |
| Dhoby Ghaut | Circle Line | 870m |
Schools & Education
18 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| ACS (Junior) | Primary | 550m |
| LASALLE College of the Arts | Tertiary | 610m |
| St. Margaret's Secondary School | Secondary | 770m |
| St. Margaret's Primary School | Primary | 810m |
| Nanyang Academy of Fine Arts | Tertiary | 1.1 km |
| Singapore Management University | Tertiary | 1.2 km |
| School of the Arts | JC | 1.3 km |
| Farrer Park Primary School | Primary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 3 | $1,886 psf | $933,963 |
| 1 BR | 3 | $1,802 psf | $1,091,667 |
| 2 BR | 3 | $1,733 psf | $1,341,963 |
Market Position
THE MKZ has recorded 9 sales at an average price of $1,122,531.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at THE MKZ 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:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $2,975/mo | $1,091,667 | 3.27% | $273/mo |
| 2 BR | $3,194/mo | $1,341,963 | 2.86% | $238/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,717 psf | — |
| 2022 | 4 | $1,834 psf | ↑ 6.8% |
| 2025 | 3 | $1,832 psf | ↓ 0.1% |
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THE MKZ prices are holding within 0.1% of the 2022 peak, 6.7% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 9 reads 102.3 as of June 2026 — up 0.9% 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 |
|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | $2,731 psf | 585 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | $3,139 psf | 494 |
| RIVER MODERN | 99 years leasehold | $3,243 psf | 427 |
| THE AVENIR | Freehold | $3,191 psf | 323 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | $2,512 psf | 256 |
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 42 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
The profile fits single professionals, mrt-walkable commuters, cbd walking distance and tertiary student housing best. Smaller-format units and CCR (Core Central Region) location suit solo buyers with a CBD-oriented career.
foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for multi-generational families and resort facilities — other options likely serve them better. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
Verdict
THE MKZ is a freehold development in District 9 (CCR), with 42 units, offering a gross yield of 4.0%.
At ~$1,832 psf, it reflects its premium CCR positioning.
Explore the full THE MKZ dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE MKZ against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (370m away), an upgrader gap of about $50,000
- Kallang/whampoa — 4-room average $882,887 (760m away), an upgrader gap of about $250,000
FAQ
What is the average PSF for THE MKZ?
Is THE MKZ freehold?
What is the rental yield for THE MKZ?
Which MRT is nearest to THE MKZ?
Sources & Next Steps
- THE MKZ Dashboard — Live charts and analytics
- URA — Official transaction data
- District 9 (Orchard, Cairnhill, River Valley) — District 9 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: 9 transactions
- Rental data: 112 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 9 records analysed · Source: URA private-sale caveats