DE PARADISO Review

Condo Review 4 min read Last reviewed
District 12 · Freehold
~$1,593Avg PSF (12-month)
54Total units
Category Ratings
Walkability
6.3
Investment
3.5
En-Bloc Potential
3.9
ShiokNest Score
4.9

Overview & Key Facts

DE PARADISO is a freehold condominium at MARTABAN ROAD in District 12 (RCR), developed by , comprising 54 units.

Developer
Tenure
Freehold
Total units
54
TOP year
District
12 — RCR
Street
MARTABAN ROAD

Location & Connectivity

DE PARADISO is approximately 850m from Novena MRT station, with 4 stations within 1.5 km.

MRT stations near DE PARADISO
StationLineDistance
NovenaNorth-South Line850m
Toa PayohNorth-South Line1 km
Boon KengNorth-East Line1.3 km
Farrer ParkNorth-East Line1.4 km

Schools & Education

24 schools within 2 km (4 within 1 km priority zone).

Schools near DE PARADISO
SchoolTypeDistance
CHIJ Our Lady Queen of PeacePrimary620m
Beatty Secondary SchoolSecondary800m
School of Science and TechnologyJc960m
CHIJ Secondary (Toa Payoh)Secondary980m
Balestier Hill Primary SchoolPrimary1.2 km
Farrer Park Primary SchoolPrimary1.4 km
St. Margaret's Secondary SchoolSecondary1.4 km
Bendemeer Primary SchoolPrimary1.4 km

Unit Mix & Pricing

Unit mix for DE PARADISO
TypeSalesAvg PSFAvg Price
2 BR4$1,358 psf$1,227,500
3 BR3$1,488 psf$1,732,592

Market Position

DE PARADISO has recorded 7 sales at an average price of $1,443,968.

DE PARADISO sits at the 46th percentile of District 12 condo PSF.
$1,593 psf
Avg PSF (12mo)
$1,443,968
Avg Price
3.2%
Gross Yield
7
Total Sales

Price Appreciation

PSF trend for DE PARADISO
YearSalesAvg PSFYoY
20212$1,333 psf
20223$1,390 psf↑ 4.3%
20241$1,467 psf↑ 5.5%
20251$1,593 psf↑ 8.6%

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DE PARADISO prices sit at a fresh series high after a 8.6% gain on the prior period, now 19.6% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 12 reads 136.8 as of May 2026 — down 6.2% 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 12 competitors
CondoTenureAvg PSFSales
THE ORIE99 yrs lease commencing from 2024$2,730 psf741
EIGHT RIVERSUITES99 yrs lease commencing from 2011$1,649 psf311
GEM RESIDENCES99 yrs lease commencing from 2015$1,843 psf200
TREVISTA99 yrs lease commencing from 2008$1,709 psf149
VERTICUSFreehold$2,126 psf130

What Could Work Against You

  • Only 1 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 54 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

This is a strong match for yield-focused investors, freehold / generational hold and boutique low-density (<100 units). RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

For car-owning households and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

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


Verdict

DE PARADISO is a freehold development in District 12 (RCR), with 54 units, offering a gross yield of 3.2%.

At ~$1,593 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full DE PARADISO dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (380m away), an upgrader gap of about $550,000
  • Toa Payoh — 4-room average $929,793 (840m away), an upgrader gap of about $500,000
  • Central Area — 4-room average $1,088,814 (1.7 km away), an upgrader gap of about $350,000

FAQ

What is the average PSF for DE PARADISO?
The 12-month average is approximately $1,593 psf.
Is DE PARADISO freehold?
Yes, DE PARADISO is a freehold property.
What is the rental yield for DE PARADISO?
The estimated gross yield is 3.2%.
Which MRT is nearest to DE PARADISO?
The nearest is Novena MRT at 850m.

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: 7 transactions
  • Rental data: 50 leases
  • Source: URA REALIS

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

Data as of July 2025

Latest recorded data point: Jul 2025 · 7 records analysed · Source: URA private-sale caveats

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