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.
Location & Connectivity
AXIS @ SIGLAP is approximately 240m from Siglap MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Siglap | Thomson-East Coast Line | 240m |
| Marine Terrace | Thomson-East Coast Line | 1.3 km |
Schools & Education
10 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| East Coast Primary School | Primary | 80m |
| Global Indian International School (GIIS East Coast) | International | 90m |
| Chung Cheng High School (Main) | Secondary | 190m |
| Telok Kurau Primary School | Primary | 1.2 km |
| Victoria School | Secondary | 1.2 km |
| Victoria Junior College | Jc | 1.2 km |
| Temasek Junior College | Jc | 1.3 km |
| Temasek Primary School | Primary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 3 | $1,632 psf | $1,382,667 |
| 3 BR | 3 | $1,383 psf | $1,490,000 |
| 4 BR | 5 | $1,121 psf | $1,975,000 |
Market Position
AXIS @ SIGLAP has recorded 11 sales at an average price of $1,681,182.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 4 | $1,213 psf | — |
| 2022 | 2 | $1,260 psf | ↑ 3.9% |
| 2023 | 1 | $1,228 psf | ↓ 2.5% |
| 2025 | 2 | $1,544 psf | ↑ 25.7% |
| 2026 | 2 | $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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
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.
Best suited for
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?
Is AXIS @ SIGLAP freehold?
What is the rental yield for AXIS @ SIGLAP?
Which MRT is nearest to AXIS @ SIGLAP?
Sources & Next Steps
- AXIS @ SIGLAP Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
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.
Latest recorded data point: Jul 2026 · 11 records analysed · Source: URA private-sale caveats