CHATELET Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 1993
~$2,127Avg PSF (12-month)
45Total units
Category Ratings
Walkability
5.3
Investment
4.9
En-Bloc Potential
6.6
ShiokNest Score
6.2

Overview & Key Facts

CHATELET is a freehold condominium at MARGOLIOUTH ROAD in District 10 (CCR), developed by JDC HOLDINGS (S) PTE LTD, comprising 45 units, completed in 1993.

Developer
JDC HOLDINGS (S) PTE LTD
Tenure
Freehold
Total units
45
TOP year
1993
District
10 — CCR
Street
MARGOLIOUTH ROAD

Location & Connectivity

CHATELET is approximately 190m from Stevens MRT station, with 6 stations within 1.5 km.

MRT stations near CHATELET
StationLineDistance
StevensDowntown Line190m
StevensThomson-East Coast Line190m
Botanic GardensCircle Line1.1 km
Botanic GardensDowntown Line1.1 km
Mount PleasantThomson-East Coast Line1.4 km
NapierThomson-East Coast Line1.5 km

Schools & Education

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

Schools near CHATELET
SchoolTypeDistance
Nanyang Girls' High SchoolSecondary610m
Nanyang Primary SchoolPrimary810m
ISS International School (Preston)International1.2 km
Methodist Girls' School (Primary)Primary1.2 km
ISS International School (Paterson)International1.2 km
Methodist Girls' SchoolSecondary1.3 km
Anglo-Chinese School (Primary)Primary1.3 km
Singapore Chinese Girls' School (Primary)Primary1.4 km

Unit Mix & Pricing

Unit mix for CHATELET
TypeSalesAvg PSFAvg Price
3 BR1$2,088 psf$2,000,000
4 BR3$2,018 psf$2,943,333

Market Position

CHATELET has recorded 4 sales at an average price of $2,707,500.

CHATELET sits at the 44th percentile of District 10 condo PSF.
$2,127 psf
Avg PSF (12mo)
$2,707,500
Avg Price
2.2%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for CHATELET
YearSalesAvg PSFYoY
20231$1,800 psf
20241$2,088 psf↑ 16.0%
20251$2,074 psf↓ 0.7%
20261$2,180 psf↑ 5.1%

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The latest reading marks the highest point in this series — CHATELET prices have climbed 21.1% since 2023.

Price Index Check

The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

What Could Work Against You

  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 45-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 33+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and boutique low-density (<100 units). Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.

For en-bloc speculators, freehold / generational hold and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

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

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

CHATELET is a freehold development in District 10 (CCR), with 45 units, offering a gross yield of 2.2%.

At ~$2,127 psf, it reflects its premium CCR positioning.

Explore the full CHATELET dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Timah — 4-room average $846,049 (1.4 km away), an upgrader gap of about $1,850,000
  • Kallang/whampoa — 4-room average $882,887 (1.7 km away), an upgrader gap of about $1,800,000

FAQ

What is the average PSF for CHATELET?
The 12-month average is approximately $2,127 psf.
Is CHATELET freehold?
Yes, CHATELET is a freehold property.
What is the rental yield for CHATELET?
The estimated gross yield is 2.2%.
Which MRT is nearest to CHATELET?
The nearest is Stevens MRT at 190m.

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: 4 transactions
  • Rental data: 32 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 4 records analysed · Source: URA private-sale caveats

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