Overview & Key Facts
CORALIS is a freehold condominium at JOO CHIAT ROAD in District 15 (RCR), developed by GROVEHILL PTE LTD, comprising 127 units, completed in 2013.
Location & Connectivity
CORALIS is approximately 200m from Marine Parade MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Parade | Thomson-East Coast Line | 200m |
| Marine Terrace | Thomson-East Coast Line | 920m |
| Tanjong Katong | Thomson-East Coast Line | 1.3 km |
Schools & Education
10 schools within 2 km (7 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 510m |
| Canadian International School (Tanjong Katong) | International | 630m |
| Tanjong Katong Girls' School | Secondary | 710m |
| Broadrick Secondary School | Secondary | 730m |
| EtonHouse International School (Broadrick) | International | 730m |
| Tao Nan School | Primary | 840m |
| Tanjong Katong Primary School | Primary | 950m |
| Telok Kurau Primary School | Primary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 5 | $2,010 psf | $995,000 |
| 2 BR | 11 | $2,066 psf | $1,772,242 |
| 3 BR | 4 | $2,315 psf | $2,891,444 |
| 5+ BR | 1 | $1,311 psf | $3,500,000 |
Market Position
CORALIS has recorded 21 sales at an average price of $1,882,640.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at CORALIS typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 0 BR | $2,978/mo | $995,000 | 3.59% |
| 2 BR | $4,149/mo | $1,772,242 | 2.81% |
| 3 BR | $5,555/mo | $2,891,444 | 2.31% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 5 | $1,907 psf | — |
| 2022 | 3 | $1,988 psf | ↑ 4.2% |
| 2023 | 2 | $2,178 psf | ↑ 9.6% |
| 2024 | 2 | $2,153 psf | ↓ 1.1% |
| 2025 | 6 | $2,079 psf | ↓ 3.4% |
| 2026 | 3 | $2,236 psf | ↑ 7.6% |
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CORALIS prices sit at a fresh series high after a 7.6% gain on the prior period, now 17.3% 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 7 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.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: mrt-walkable commuters, international school families, long-term hold (10+ yr) and short-term flippers (<5 yr). Located ~203m from Marine Parade MRT, this property is a comfortable daily walk for transit commuters.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
CORALIS is a freehold development in District 15 (RCR), with 127 units, offering a gross yield of 2.6%.
At ~$2,132 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full CORALIS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CORALIS against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (210m away), an upgrader gap of about $1,250,000
- Geylang — 4-room average $761,443 (1.2 km away), an upgrader gap of about $1,100,000
FAQ
What is the average PSF for CORALIS?
Is CORALIS freehold?
What is the rental yield for CORALIS?
Which MRT is nearest to CORALIS?
Sources & Next Steps
- CORALIS 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: 21 transactions
- Rental data: 279 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 21 records analysed · Source: URA private-sale caveats