The Mornington

D12 (RCR) Freehold

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.

District 12 · Freehold · Completed 2004
~$1,352Avg PSF (12-month)
28Total units
Category Ratings
Facilities
3.5
Unit size & layout
8.0
Value for money
7.5
Neighbourhood
7.5
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

THE MORNINGTON is a freehold condominium at ST. MICHAEL'S ROAD in District 12 (RCR), developed by , comprising 28 units, completed in 2004.

Developer
Tenure
Freehold
Total units
28
TOP year
2004
District
12 — RCR
Street
ST. MICHAEL'S ROAD

Location & Connectivity

THE MORNINGTON is approximately 790m from Potong Pasir MRT station, with 4 stations within 1.5 km.

MRT stations near THE MORNINGTON
StationLineDistance
Potong PasirNorth-East Line790m
Boon KengNorth-East Line800m
Geylang BahruDowntown Line970m
BendemeerDowntown Line1.4 km

Schools & Education

12 schools within 2 km (2 within 1 km priority zone).

Schools near THE MORNINGTON
SchoolTypeDistance
Bendemeer Primary SchoolPrimary520m
Bendemeer Secondary SchoolSecondary520m
Stamford Primary SchoolPrimary1.1 km
Assumption Pathway SchoolSecondary1.1 km
Hong Wen SchoolPrimary1.1 km
Balestier Hill Primary SchoolPrimary1.4 km
School of Science and TechnologyJC1.4 km
Beatty Secondary SchoolSecondary1.5 km

Market Position

THE MORNINGTON has recorded 5 sales at an average price of $1,398,600.

THE MORNINGTON sits at the 6th percentile of District 12 condo PSF.
$1,352 psf
Avg PSF (12mo)
$1,398,600
Avg Price
3.8%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for THE MORNINGTON
YearSalesAvg PSFChange
20214$1,083 psf
20251$1,352 psf↑ 24.8%

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Price Index Check

The ShiokNest Price Index for District 12 reads 147.7 as of June 2026 — up 14.3% 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 12 competitors
CondoTenureAvg PSFSales
THE ORIE99 yrs lease commencing from 2024$2,730 psf741
EIGHT RIVERSUITES99 yrs lease commencing from 2011$1,649 psf312
GEM RESIDENCES99 yrs lease commencing from 2015$1,845 psf202
TREVISTA99 yrs lease commencing from 2008$1,711 psf150
VERTICUSFreehold$2,127 psf131

What Could Work Against You

  • With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 28-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, quiet sanctuary seekers and yield-focused investors. At ~787m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For empty nesters / downsizers and mrt-walkable commuters, it can work — but weigh the trade-offs before committing.

It is a weaker fit for short-term flippers (<5 yr) — other options likely serve them better. TOP 2004 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.


Verdict

THE MORNINGTON is a freehold development in District 12 (RCR), with 28 units, offering a gross yield of 3.8%.

At ~$1,352 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full THE MORNINGTON dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (170m away), an upgrader gap of about $500,000
  • Toa Payoh — 4-room average $929,793 (720m away), an upgrader gap of about $450,000
  • Geylang — 4-room average $761,443 (1.7 km away), an upgrader gap of about $650,000

FAQ

What is the average PSF for THE MORNINGTON?
The 12-month average is approximately $1,352 psf.
Is THE MORNINGTON freehold?
Yes, THE MORNINGTON is a freehold property.
What is the rental yield for THE MORNINGTON?
The estimated gross yield is 3.8%.
Which MRT is nearest to THE MORNINGTON?
The nearest is Potong Pasir MRT at 790m.

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: 5 transactions
  • Rental data: 31 leases
  • Source: URA

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

Data as of October 2025

Latest recorded data point: Oct 2025 · 5 records analysed · Source: URA private-sale caveats