We track 3 sales and 18 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the ALPHA APARTMENTS dashboard.
- Average sale price: $1,766,667 across 3 transactions
- Estimated gross rental yield: 3.0%
- District 15 PSF ranking: Value tier (top 95%)
- Freehold tenure · RCR · D15 · 22 units
About ALPHA APARTMENTS
ALPHA APARTMENTS is a freehold condominium, located at KOON SENG ROAD in District 15 (Joo Chiat, Amber Road, Katong) (Rest of Central Region), developed by EVERSPRING PROPERTY PTE LTD, comprising 22 residential units, completed in 2005.
As a freehold property, ALPHA APARTMENTS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at ALPHA APARTMENTS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 2 | $1,103 psf | $1,325,000 |
| 5+ BR | 1 | $1,075 psf | $2,650,000 |
Sales Market Overview
ALPHA APARTMENTS has recorded 3 sale transactions with an average transaction price of $1,766,667, ranging from $1,240,000 to $2,650,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,103 psf | $1,325,000 | — |
| 2026 | 1 | $1,075 psf | $2,650,000 | ↓ 2.5% |
ALPHA APARTMENTS ranks in the top 95% of condos in District 15 by average PSF.
Compared to the RCR average of $2,049 psf, ALPHA APARTMENTS trades 46.6% below the segment benchmark.
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Rental Market Overview
ALPHA APARTMENTS has recorded 18 rental transactions with monthly rents averaging $4,436/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 4 | $3,088/mo | $2,350/mo | $3,800/mo |
| 3 BR | 14 | $4,821/mo | $2,900/mo | $7,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 4 | $2,738/mo |
| 2022 | 3 | $3,667/mo |
| 2023 | 2 | $7,000/mo |
| 2024 | 5 | $4,620/mo |
| 2025 | 2 | $6,400/mo |
| 2026 | 2 | $4,000/mo |
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Investment Analysis
Based on average rents and sale prices, ALPHA APARTMENTS delivers an estimated gross rental yield of 3.0%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows ALPHA APARTMENTS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- ALPHA APARTMENTS
- Eunos MRT
- Marine Parade MRT
- Marine Terrace MRT
- Kembangan MRT
- Tanjong Katong Girls'
- Canadian International School (Tanjong Katong)
- Broadrick Secondary School
Nearby MRT Stations
ALPHA APARTMENTS is 930m from Eunos MRT (East-West Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Eunos | EW7 | East-West Line | 930m |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.0 km |
| Marine Terrace | TE27 | Thomson-East Coast Line | 1.1 km |
| Kembangan | EW6 | East-West Line | 1.3 km |
Nearby Schools
There are 13 schools within 2 km of ALPHA APARTMENTS, including 8 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Girls' School | Secondary | 610m |
| Canadian International School (Tanjong Katong) | International | 650m |
| Broadrick Secondary School | Secondary | 710m |
| EtonHouse International School (Broadrick) | International | 710m |
| Canossa Catholic Primary School | Primary | 730m |
| CHIJ (Katong) Primary | Primary | 870m |
| Telok Kurau Primary School | Primary | 900m |
| Tao Nan School | Primary | 930m |
| Tanjong Katong Primary School | Primary | 1.1 km |
| Haig Girls' School | Primary | 1.1 km |
| Kong Hwa School | Primary | 1.7 km |
| Chung Cheng High School (Main) | Secondary | 1.9 km |
FAQ
What is the average price for ALPHA APARTMENTS?
What is the rental yield for ALPHA APARTMENTS?
Is ALPHA APARTMENTS freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions analysed
- Rental data: 18 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for ALPHA APARTMENTS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 1,640 condo transactions recorded in District 15 over the last 12 months, 64% resale, 34% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% 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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Upcoming Supply Pipeline
1 active Government Land Sales site in District 15 could add roughly 500 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Jalan Tembusu | — | ~500 | Confirmed | Awarded |
HDB Alternatives Nearby
Weighing ALPHA APARTMENTS against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (750m away), an upgrader gap of about $1,000,000
- Marine Parade — 4-room average $648,065 (900m away), an upgrader gap of about $1,100,000
- Bedok — 4-room average $659,895 (1.4 km away), an upgrader gap of about $1,100,000