Overview & Key Facts
CATHAY GARDEN is a freehold condominium at JALAN KERIS in District 15 (OCR), developed by GLORY REALTY CO PTE LTD, comprising 61 units.
Location & Connectivity
CATHAY GARDEN is approximately 750m from Marine Terrace MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 750m |
| Siglap | Thomson-East Coast Line | 770m |
| Kembangan | East-West Line | 1.4 km |
Schools & Education
10 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Chung Cheng High School (Main) | Secondary | 420m |
| East Coast Primary School | Primary | 610m |
| Global Indian International School (GIIS East Coast) | International | 620m |
| Telok Kurau Primary School | Primary | 740m |
| Victoria School | Secondary | 1.5 km |
| Victoria Junior College | Jc | 1.5 km |
| Temasek Junior College | Jc | 1.8 km |
| Temasek Primary School | Primary | 1.9 km |
Market Position
CATHAY GARDEN has recorded 6 sales at an average price of $4,340,000.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $2,132 psf | — |
| 2022 | 2 | $2,266 psf | ↑ 6.3% |
| 2025 | 2 | $2,894 psf | ↑ 27.7% |
| 2026 | 1 | $3,412 psf | ↑ 17.9% |
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CATHAY GARDEN prices sit at a fresh series high after a 17.9% gain on the prior period, now 60.0% above the 2021 starting level.
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 2 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 61 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, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
It is a weaker fit for yield-focused investors and short-term flippers (<5 yr) — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
CATHAY GARDEN is a freehold development in District 15 (OCR), with 61 units, offering a gross yield of 1.8%.
At ~$3,066 psf, it represents a competitive entry point in the OCR segment.
Explore the full CATHAY GARDEN dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CATHAY GARDEN against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (530m away), an upgrader gap of about $3,700,000
- Geylang — 4-room average $761,443 (1.4 km away), an upgrader gap of about $3,600,000
- Bedok — 4-room average $659,895 (1.6 km away), an upgrader gap of about $3,700,000
FAQ
What is the average PSF for CATHAY GARDEN?
Is CATHAY GARDEN freehold?
What is the rental yield for CATHAY GARDEN?
Which MRT is nearest to CATHAY GARDEN?
Sources & Next Steps
- CATHAY GARDEN 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: 6 transactions
- Rental data: 18 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2026 · 6 records analysed · Source: URA private-sale caveats