AXIS @ SIGLAP Review

Condo Review 4 min read Last reviewed
District 15 · Freehold · Completed 2009
~$1,513Avg PSF (12-month)
40Total units
Category Ratings
Walkability
6.0
Investment
4.2
En-Bloc Potential
4.0
ShiokNest Score
3.4

Overview & Key Facts

AXIS @ SIGLAP is a freehold condominium at EAST COAST TERRACE in District 15 (OCR), developed by ROXY HOMES PTE LTD, comprising 40 units, completed in 2009.

Developer
ROXY HOMES PTE LTD
Tenure
Freehold
Total units
40
TOP year
2009
District
15 — OCR
Street
EAST COAST TERRACE

Location & Connectivity

AXIS @ SIGLAP is approximately 240m from Siglap MRT station, with 2 stations within 1.5 km.

MRT stations near AXIS @ SIGLAP
StationLineDistance
SiglapThomson-East Coast Line240m
Marine TerraceThomson-East Coast Line1.3 km

Schools & Education

10 schools within 2 km (3 within 1 km priority zone).

Schools near AXIS @ SIGLAP
SchoolTypeDistance
East Coast Primary SchoolPrimary80m
Global Indian International School (GIIS East Coast)International90m
Chung Cheng High School (Main)Secondary190m
Telok Kurau Primary SchoolPrimary1.2 km
Victoria SchoolSecondary1.2 km
Victoria Junior CollegeJc1.2 km
Temasek Junior CollegeJc1.3 km
Temasek Primary SchoolPrimary1.4 km

Unit Mix & Pricing

Unit mix for AXIS @ SIGLAP
TypeSalesAvg PSFAvg Price
2 BR3$1,632 psf$1,382,667
3 BR3$1,383 psf$1,490,000
4 BR5$1,121 psf$1,975,000

Market Position

AXIS @ SIGLAP has recorded 11 sales at an average price of $1,681,182.

AXIS @ SIGLAP sits at the 21st percentile of District 15 condo PSF.
$1,513 psf
Avg PSF (12mo)
$1,681,182
Avg Price
2.6%
Gross Yield
11
Total Sales

Price Appreciation

PSF trend for AXIS @ SIGLAP
YearSalesAvg PSFYoY
20214$1,213 psf
20222$1,260 psf↑ 3.9%
20231$1,228 psf↓ 2.5%
20252$1,544 psf↑ 25.7%
20262$1,481 psf↓ 4.0%

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AXIS @ SIGLAP prices have cooled 4.0% from the 2025 peak, yet remain 22.2% above where the series began in 2021.

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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Neighbourhood Comparison

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

What Could Work Against You

  • Only 3 transactions 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 40 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

Buyers most likely to be happy here: families with young children, mrt-walkable commuters, freehold / generational hold and boutique low-density (<100 units). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

empty nesters / downsizers and long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

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

AXIS @ SIGLAP is a freehold development in District 15 (OCR), with 40 units, offering a gross yield of 2.6%.

At ~$1,513 psf, it represents a competitive entry point in the OCR segment.

Explore the full AXIS @ SIGLAP dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing AXIS @ SIGLAP against staying public? These HDB towns sit within walking or short-drive distance:

  • Marine Parade — 4-room average $648,065 (970m away), an upgrader gap of about $1,050,000
  • Geylang — 4-room average $761,443 (1.1 km away), an upgrader gap of about $900,000
  • Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $1,000,000

FAQ

What is the average PSF for AXIS @ SIGLAP?
The 12-month average is approximately $1,513 psf.
Is AXIS @ SIGLAP freehold?
Yes, AXIS @ SIGLAP is a freehold property.
What is the rental yield for AXIS @ SIGLAP?
The estimated gross yield is 2.6%.
Which MRT is nearest to AXIS @ SIGLAP?
The nearest is Siglap MRT at 240m.

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: 11 transactions
  • Rental data: 67 leases
  • Source: URA REALIS

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

Data as of July 2026

Latest recorded data point: Jul 2026 · 11 records analysed · Source: URA private-sale caveats

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