EASTERN RESIDENCE Review

Condo Review 4 min read Last reviewed
District 15 · Freehold · Completed 2007
~$1,433Avg PSF (12-month)
10Total units
Category Ratings
Walkability
6.0
Investment
3.7
En-Bloc Potential
4.0
ShiokNest Score
3.0

Overview & Key Facts

EASTERN RESIDENCE is a freehold condominium at JOO CHIAT PLACE in District 15 (OCR), developed by , comprising 10 units, completed in 2007.

Developer
Tenure
Freehold
Total units
10
TOP year
2007
District
15 — OCR
Street
JOO CHIAT PLACE

Location & Connectivity

EASTERN RESIDENCE is approximately 750m from Eunos MRT station, with 4 stations within 1.5 km.

MRT stations near EASTERN RESIDENCE
StationLineDistance
EunosEast-West Line750m
KembanganEast-West Line890m
Marine TerraceThomson-East Coast Line1.1 km
Marine ParadeThomson-East Coast Line1.4 km

Schools & Education

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

Schools near EASTERN RESIDENCE
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary690m
Canossa Catholic Primary SchoolPrimary710m
Tanjong Katong Girls' SchoolSecondary1 km
Canadian International School (Tanjong Katong)International1.1 km
Broadrick Secondary SchoolSecondary1.1 km
EtonHouse International School (Broadrick)International1.1 km
CHIJ (Katong) PrimaryPrimary1.3 km
Tao Nan SchoolPrimary1.3 km

Market Position

EASTERN RESIDENCE has recorded 2 sales at an average price of $1,540,444.

EASTERN RESIDENCE sits at the 28th percentile of District 15 condo PSF.
$1,433 psf
Avg PSF (12mo)
$1,540,444
Avg Price
2.5%
Gross Yield
2
Total Sales

Price Appreciation

PSF trend for EASTERN RESIDENCE
YearSalesAvg PSFYoY
20241$1,327 psf
20251$1,433 psf↑ 7.9%

Loading chart data...

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.

Loading chart data...


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

  • Only 0 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 10 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: car-owning households, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). At ~747m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.


Verdict

EASTERN RESIDENCE is a freehold development in District 15 (OCR), with 10 units, offering a gross yield of 2.5%.

At ~$1,433 psf, it represents a competitive entry point in the OCR segment.

Explore the full EASTERN RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Geylang — 4-room average $761,443 (710m away), an upgrader gap of about $800,000
  • Bedok — 4-room average $659,895 (980m away), an upgrader gap of about $900,000
  • Marine Parade — 4-room average $648,065 (1.2 km away), an upgrader gap of about $900,000

FAQ

What is the average PSF for EASTERN RESIDENCE?
The 12-month average is approximately $1,433 psf.
Is EASTERN RESIDENCE freehold?
Yes, EASTERN RESIDENCE is a freehold property.
What is the rental yield for EASTERN RESIDENCE?
The estimated gross yield is 2.5%.
Which MRT is nearest to EASTERN RESIDENCE?
The nearest is Eunos MRT at 750m.

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: 2 transactions
  • Rental data: 12 leases
  • Source: URA REALIS

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

Data as of February 2025

Latest recorded data point: Feb 2025 · 2 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: