EAST BAY GARDENS Review

Condo Review 5 min read Last reviewed
District 15 · 99 yrs lease commencing from 1995
~$1,046Avg PSF (12-month)
40Total units
Category Ratings
Walkability
7.0
Investment
6.3
En-Bloc Potential
4.5
ShiokNest Score
4.5

Overview & Key Facts

EAST BAY GARDENS is a 99 yrs lease commencing from 1995 condominium at LORONG G TELOK KURAU in District 15 (OCR), developed by , comprising 40 units.

Developer
Tenure
99 yrs lease commencing from 1995
Total units
40
TOP year
District
15 — OCR
Street
LORONG G TELOK KURAU

Location & Connectivity

EAST BAY GARDENS is approximately 320m from Kembangan MRT station, with 3 stations within 1.5 km.

MRT stations near EAST BAY GARDENS
StationLineDistance
KembanganEast-West Line320m
EunosEast-West Line1.1 km
Marine TerraceThomson-East Coast Line1.3 km

Schools & Education

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

Schools near EAST BAY GARDENS
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary590m
Canossa Catholic Primary SchoolPrimary1.2 km
Chung Cheng High School (Main)Secondary1.2 km
East Coast Primary SchoolPrimary1.5 km
Global Indian International School (GIIS East Coast)International1.5 km
Tanjong Katong Girls' SchoolSecondary1.7 km
Canadian International School (Tanjong Katong)International1.7 km
Broadrick Secondary SchoolSecondary1.8 km

Market Position

EAST BAY GARDENS has recorded 11 sales at an average price of $1,417,091.

EAST BAY GARDENS sits at the 2nd percentile of District 15 condo PSF.
$1,046 psf
Avg PSF (12mo)
$1,417,091
Avg Price
4.0%
Gross Yield
11
Total Sales

Price Appreciation

PSF trend for EAST BAY GARDENS
YearSalesAvg PSFYoY
20213$886 psf
20224$885 psf↓ 0.2%
20231$900 psf↑ 1.7%
20241$968 psf↑ 7.6%
20252$1,046 psf↑ 8.0%

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EAST BAY GARDENS prices sit at a fresh series high after a 8.0% gain on the prior period, now 18.0% 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

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

What Could Work Against You

  • About 68 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
  • 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 40 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

Buyers most likely to be happy here: mrt-walkable commuters, yield-focused investors, cpf-only buyers and boutique low-density (<100 units). MRT proximity is the standout commute feature for daily transit users.

empty nesters / downsizers and p1 school balloting families should treat this as a shortlist candidate, not a default choice.

long-term hold (10+ yr) and resort facilities should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.


Verdict

EAST BAY GARDENS is a 99 yrs lease commencing from 1995 development in District 15 (OCR), with 40 units, offering a gross yield of 4.0%.

At ~$1,046 psf, it represents a competitive entry point in the OCR segment.

Explore the full EAST BAY GARDENS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bedok — 4-room average $659,895 (540m away), an upgrader gap of about $750,000
  • Geylang — 4-room average $761,443 (950m away), an upgrader gap of about $650,000
  • Marine Parade — 4-room average $648,065 (1.3 km away), an upgrader gap of about $750,000

FAQ

What is the average PSF for EAST BAY GARDENS?
The 12-month average is approximately $1,046 psf.
Is EAST BAY GARDENS freehold?
EAST BAY GARDENS has a 99 yrs lease commencing from 1995 tenure.
What is the rental yield for EAST BAY GARDENS?
The estimated gross yield is 4.0%.
Which MRT is nearest to EAST BAY GARDENS?
The nearest is Kembangan MRT at 320m.

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: 11 transactions
  • Rental data: 8 leases
  • Source: URA REALIS

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

Data as of October 2025

Latest recorded data point: Oct 2025 · 11 records analysed · Source: URA private-sale caveats

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