The Nclave

D15 (OCR) Freehold

The Nclave is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Outside Central Region (OCR). The development was completed in 2008 and comprises 30 units. Sale and rental figures on this page are compiled from URA transaction records.

District 15 · Freehold · Completed 2008
~$1,708Avg PSF (12-month)
30Total units
Category Ratings
Facilities
5.0
Unit size & layout
7.5
Value for money
7.5
Neighbourhood
7.5
MRT accessibility
6.5
Lease remaining
10.0

Overview & Key Facts

THE NCLAVE is a freehold condominium at LORONG N TELOK KURAU in District 15 (OCR), developed by ROXY HOMES PTE LTD, comprising 30 units, completed in 2008.

Developer
ROXY HOMES PTE LTD
Tenure
Freehold
Total units
30
TOP year
2008
District
15 — OCR
Street
LORONG N TELOK KURAU

Location & Connectivity

THE NCLAVE is approximately 490m from Marine Terrace MRT station, with 4 stations within 1.5 km.

MRT stations near THE NCLAVE
StationLineDistance
Marine TerraceThomson-East Coast Line490m
KembanganEast-West Line1.1 km
SiglapThomson-East Coast Line1.2 km
Marine ParadeThomson-East Coast Line1.4 km

Schools & Education

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

Schools near THE NCLAVE
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary270m
Chung Cheng High School (Main)Secondary830m
East Coast Primary SchoolPrimary1.1 km
Global Indian International School (GIIS East Coast)International1.1 km
Canadian International School (Tanjong Katong)International1.6 km
Tanjong Katong Girls' SchoolSecondary1.6 km
Canossa Catholic Primary SchoolPrimary1.6 km
CHIJ (Katong) PrimaryPrimary1.7 km

Unit Mix & Pricing

Unit mix for THE NCLAVE
TypeSalesAvg PSFAvg Price
2 BR3$1,575 psf$1,282,667
3 BR4$1,563 psf$1,722,000
4 BR2$1,094 psf$1,580,000
5+ BR1$1,036 psf$2,130,000

Market Position

THE NCLAVE has recorded 10 sales at an average price of $1,602,600.

THE NCLAVE sits at the 35th percentile of District 15 condo PSF.
$1,708 psf
Avg PSF (12mo)
$1,602,600
Avg Price
3.3%
Gross Yield
10
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at THE NCLAVE 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:

Per-bedroom gross yield at THE NCLAVE
TypeAvg RentAvg PriceGross YieldRent per $100k
2 BR$4,371/mo$1,282,6674.09%$341/mo
3 BR$4,575/mo$1,722,0003.19%$266/mo

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Price Appreciation

PSF trend for THE NCLAVE
YearSalesAvg PSFChange
20212$1,048 psf
20223$1,381 psf↑ 31.8%
20244$1,563 psf↑ 13.2%
20261$1,708 psf↑ 9.2%

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THE NCLAVE prices sit at a fresh series high after a 9.2% gain on the prior period, now 62.9% above the 2021 starting level.

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

  • 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 30 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

The profile fits families with young children, hawker / food enthusiasts, long-term hold (10+ yr) and freehold / generational hold best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For mrt-walkable commuters, quiet sanctuary seekers and yield-focused investors, it can work — but weigh the trade-offs before committing.

It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.


Verdict

THE NCLAVE is a freehold development in District 15 (OCR), with 30 units, offering a gross yield of 3.3%.

At ~$1,708 psf, it represents a competitive entry point in the OCR segment.

Explore the full THE NCLAVE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Marine Parade — 4-room average $648,065 (490m away), an upgrader gap of about $950,000
  • Bedok — 4-room average $659,895 (1.4 km away), an upgrader gap of about $950,000
  • Geylang — 4-room average $761,443 (1.6 km away), an upgrader gap of about $850,000

FAQ

What is the average PSF for THE NCLAVE?
The 12-month average is approximately $1,708 psf.
Is THE NCLAVE freehold?
Yes, THE NCLAVE is a freehold property.
What is the rental yield for THE NCLAVE?
The estimated gross yield is 3.3%.
Which MRT is nearest to THE NCLAVE?
The nearest is Marine Terrace MRT at 490m.

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: 10 transactions
  • Rental data: 11 leases
  • Source: URA

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

Data as of May 2026

Latest recorded data point: May 2026 · 10 records analysed · Source: URA private-sale caveats