Overview & Key Facts
GARDEN PARK RESIDENCES is a freehold condominium at LORONG M TELOK KURAU in District 15 (OCR), developed by BOULEVARD RESIDENCES PTE. LTD, comprising 36 units, completed in 2015.
Location & Connectivity
GARDEN PARK RESIDENCES is approximately 590m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 590m |
| Marine Parade | Thomson-East Coast Line | 1 km |
| Kembangan | East-West Line | 1.2 km |
| Eunos | East-West Line | 1.3 km |
Schools & Education
13 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 430m |
| Tanjong Katong Girls' School | Secondary | 1.1 km |
| Canadian International School (Tanjong Katong) | International | 1.1 km |
| Broadrick Secondary School | Secondary | 1.2 km |
| EtonHouse International School (Broadrick) | International | 1.2 km |
| Canossa Catholic Primary School | Primary | 1.2 km |
| CHIJ (Katong) Primary | Primary | 1.2 km |
| Tao Nan School | Primary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 9 | $1,572 psf | $1,271,876 |
| 3 BR | 2 | $1,401 psf | $1,790,000 |
| 4 BR | 1 | $1,298 psf | $2,110,000 |
Market Position
GARDEN PARK RESIDENCES has recorded 12 sales at an average price of $1,428,074.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at GARDEN PARK RESIDENCES typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $2,978/mo | $1,271,876 | 2.81% |
| 3 BR | $3,500/mo | $1,790,000 | 2.35% |
| 4 BR | $4,756/mo | $2,110,000 | 2.70% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 5 | $1,373 psf | — |
| 2022 | 3 | $1,524 psf | ↑ 11.0% |
| 2024 | 1 | $1,665 psf | ↑ 9.3% |
| 2025 | 2 | $1,659 psf | ↓ 0.4% |
| 2026 | 1 | $1,830 psf | ↑ 10.3% |
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The latest reading marks the highest point in this series — GARDEN PARK RESIDENCES prices have climbed 33.2% since 2021.
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
- With just 3 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 36-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: car-owning households, p1 school balloting families, long-term hold (10+ yr) and freehold / generational hold. At ~592m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
It is a weaker fit for short-term flippers (<5 yr) and en-bloc speculators — other options likely serve them better. TOP 2015 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
GARDEN PARK RESIDENCES is a freehold development in District 15 (OCR), with 36 units, offering a gross yield of 2.8%.
At ~$1,716 psf, it represents a competitive entry point in the OCR segment.
Explore the full GARDEN PARK RESIDENCES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing GARDEN PARK RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (630m away), an upgrader gap of about $800,000
- Geylang — 4-room average $761,443 (1.2 km away), an upgrader gap of about $650,000
- Bedok — 4-room average $659,895 (1.4 km away), an upgrader gap of about $750,000
FAQ
What is the average PSF for GARDEN PARK RESIDENCES?
Is GARDEN PARK RESIDENCES freehold?
What is the rental yield for GARDEN PARK RESIDENCES?
Which MRT is nearest to GARDEN PARK RESIDENCES?
Sources & Next Steps
- GARDEN PARK RESIDENCES 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: 12 transactions
- Rental data: 34 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Feb 2026 · 12 records analysed · Source: URA private-sale caveats