The Mornington
The Mornington is a freehold condominium located in District 12 (Toa Payoh, Serangoon, Balestier), part of the Rest of Central Region (RCR). The development was completed in 2004 and comprises 28 units. Sale and rental figures on this page are compiled from URA transaction records.
THE MORNINGTON
Over the 12 months to Oct 2025, The Mornington recorded 1 resale transaction at a median $1,352 psf (median price $1,688,000), and 6 rental contracts at a median $5,000/mo, a gross rental yield of 3.6%. Source: URA caveat data, as of Oct 2025.
The Mornington's median of $1,352 psf over the trailing 12 months places its pricing below roughly 94% of District 12 condos; resale liquidity has been limited with 1 caveat lodged; the 3.6% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Oct-25 | $1,688,000 | $1,352 psf | 1,249 sqft | 06 to 10 | 3BR |
| Dec-21 | $1,290,000 | $1,061 psf | 1,216 sqft | 01 to 05 | 3BR |
| Aug-21 | $1,315,000 | $1,081 psf | 1,216 sqft | 01 to 05 | 3BR |
| May-21 | $1,320,000 | $1,057 psf | 1,249 sqft | 01 to 05 | 3BR |
| Apr-21 | $1,380,000 | $1,135 psf | 1,216 sqft | 06 to 10 | 3BR |
Can I afford The Mornington?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,688,000.
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.