The Prominence
The Prominence is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Rest of Central Region (RCR). The development was completed in 2005 and comprises 16 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
THE PROMINENCE
Over the 12 months to Jun 2023, The Prominence recorded 2 rental contracts at a median $4,750/mo. Source: URA caveat data, as of Jun 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-23 | $1,800,000 | $1,317 psf | 1,367 sqft | 01 to 05 | 4BR |
| May-22 | $1,420,000 | $1,222 psf | 1,163 sqft | 01 to 05 | 3BR |
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.