Villa Martia

D15 (OCR) Freehold

Villa Martia is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Outside Central Region (OCR). Completed in 2000, the development comprises 58 units. Sale and rental figures on this page are compiled from URA transaction records.

District 15 · Freehold · Completed 2000
~$1,791Avg PSF (12-month)
58Total units
Category Ratings
Facilities
7.0
Unit size & layout
7.0
Value for money
8.0
Neighbourhood
8.5
MRT accessibility
8.5
Lease remaining
10.0

Overview & Key Facts

VILLA MARTIA is a freehold condominium at MARTIA ROAD in District 15 (OCR), developed by SB DEVELOPMENT PTE LTD, comprising 58 units, completed in 2000.

Developer
SB DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
58
TOP year
2000
District
15 — OCR
Street
MARTIA ROAD

Location & Connectivity

VILLA MARTIA is approximately 230m from Marine Terrace MRT station, with 2 stations within 1.5 km.

MRT stations near VILLA MARTIA
StationLineDistance
Marine TerraceThomson-East Coast Line230m
Marine ParadeThomson-East Coast Line770m

Schools & Education

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

Schools near VILLA MARTIA
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary710m
CHIJ (Katong) PrimaryPrimary1.2 km
Canadian International School (Tanjong Katong)International1.2 km
Tanjong Katong Girls' SchoolSecondary1.2 km
Broadrick Secondary SchoolSecondary1.3 km
EtonHouse International School (Broadrick)International1.3 km
Chung Cheng High School (Main)Secondary1.4 km
Tao Nan SchoolPrimary1.5 km

Unit Mix & Pricing

Unit mix for VILLA MARTIA
TypeSalesAvg PSFAvg Price
2 BR1$1,460 psf$1,100,000
3 BR8$1,652 psf$1,951,861
4 BR3$1,551 psf$2,261,000

Market Position

VILLA MARTIA has recorded 12 sales at an average price of $1,958,157.

VILLA MARTIA sits at the 58th percentile of District 15 condo PSF.
$1,791 psf
Avg PSF (12mo)
$1,958,157
Avg Price
2.6%
Gross Yield
12
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at VILLA MARTIA 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 VILLA MARTIA
TypeAvg RentAvg PriceGross YieldRent per $100k
2 BR$3,746/mo$1,100,0004.09%$341/mo
3 BR$4,467/mo$1,951,8612.75%$229/mo

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Price Appreciation

PSF trend for VILLA MARTIA
YearSalesAvg PSFChange
20213$1,345 psf
20221$1,460 psf↑ 8.6%
20233$1,582 psf↑ 8.3%
20242$1,856 psf↑ 17.4%
20251$1,800 psf↓ 3.0%
20262$1,787 psf↓ 0.7%

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From the 2024 high, VILLA MARTIA prices have given back 3.7% — still 32.9% above the 2021 baseline.

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

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 58-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 families with young children, mrt-walkable commuters, long-term hold (10+ yr) and en-bloc speculators. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

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

yield-focused investors and resort facilities should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

VILLA MARTIA is a freehold development in District 15 (OCR), with 58 units, offering a gross yield of 2.6%.

At ~$1,791 psf, it represents a competitive entry point in the OCR segment.

Explore the full VILLA MARTIA dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Marine Parade — 4-room average $648,065 (170m away), an upgrader gap of about $1,300,000
  • Geylang — 4-room average $761,443 (1.6 km away), an upgrader gap of about $1,200,000
  • Bedok — 4-room average $659,895 (1.8 km away), an upgrader gap of about $1,300,000

FAQ

What is the average PSF for VILLA MARTIA?
The 12-month average is approximately $1,791 psf.
Is VILLA MARTIA freehold?
Yes, VILLA MARTIA is a freehold property.
What is the rental yield for VILLA MARTIA?
The estimated gross yield is 2.6%.
Which MRT is nearest to VILLA MARTIA?
The nearest is Marine Terrace MRT at 230m.

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: 12 transactions
  • Rental data: 65 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 · 12 records analysed · Source: URA private-sale caveats