Overview & Key Facts
GOLDLEAF GARDENS is a freehold condominium at LORONG M TELOK KURAU in District 15 (OCR), developed by LUCKY SQUARE PTE LTD (FAR EAST ORGANIZATION), comprising 49 units, completed in 1992.
Location & Connectivity
GOLDLEAF GARDENS is approximately 650m from Marine Terrace MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 650m |
| Kembangan | East-West Line | 1.1 km |
| Siglap | Thomson-East Coast Line | 1.1 km |
Schools & Education
14 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 320m |
| Chung Cheng High School (Main) | Secondary | 680m |
| East Coast Primary School | Primary | 930m |
| Global Indian International School (GIIS East Coast) | International | 940m |
| Canossa Catholic Primary School | Primary | 1.7 km |
| Canadian International School (Tanjong Katong) | International | 1.7 km |
| Tanjong Katong Girls' School | Secondary | 1.7 km |
| Temasek Junior College | Jc | 1.8 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 3 | $2,445 psf | $4,096,000 |
| 5+ BR | 1 | $2,067 psf | $4,900,000 |
Market Position
GOLDLEAF GARDENS has recorded 4 sales at an average price of $4,297,000.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $1,954 psf | — |
| 2024 | 1 | $2,477 psf | ↑ 26.8% |
| 2026 | 2 | $2,485 psf | ↑ 0.3% |
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GOLDLEAF GARDENS prices sit at a fresh series high, now 27.2% 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 2 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 49 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1992, the development is over 34 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
The profile fits mrt-walkable commuters and freehold / generational hold best. MRT proximity is the standout commute feature for daily transit users.
en-bloc speculators should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
GOLDLEAF GARDENS is a freehold development in District 15 (OCR), with 49 units, offering a gross yield of 1.7%.
At ~$2,485 psf, it represents a competitive entry point in the OCR segment.
Explore the full GOLDLEAF GARDENS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing GOLDLEAF GARDENS against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (600m away), an upgrader gap of about $3,650,000
- Bedok — 4-room average $659,895 (1.3 km away), an upgrader gap of about $3,650,000
- Geylang — 4-room average $761,443 (1.4 km away), an upgrader gap of about $3,550,000
FAQ
What is the average PSF for GOLDLEAF GARDENS?
Is GOLDLEAF GARDENS freehold?
What is the rental yield for GOLDLEAF GARDENS?
Which MRT is nearest to GOLDLEAF GARDENS?
Sources & Next Steps
- GOLDLEAF GARDENS 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: 4 transactions
- Rental data: 22 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 4 records analysed · Source: URA private-sale caveats