Overview & Key Facts
HERITAGE RESIDENCES is a freehold condominium at LORONG L TELOK KURAU in District 15 (OCR), developed by WAREES LAND PTE LTD, comprising 19 units, completed in 2008.
Location & Connectivity
HERITAGE RESIDENCES is approximately 660m from Marine Terrace MRT station, with 5 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 660m |
| Kembangan | East-West Line | 920m |
| Marine Parade | Thomson-East Coast Line | 1.4 km |
| Eunos | East-West Line | 1.4 km |
| Siglap | Thomson-East Coast Line | 1.5 km |
Schools & Education
13 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 50m |
| Chung Cheng High School (Main) | Secondary | 1 km |
| East Coast Primary School | Primary | 1.3 km |
| Global Indian International School (GIIS East Coast) | International | 1.3 km |
| Canossa Catholic Primary School | Primary | 1.4 km |
| Tanjong Katong Girls' School | Secondary | 1.4 km |
| Canadian International School (Tanjong Katong) | International | 1.4 km |
| Broadrick Secondary School | Secondary | 1.5 km |
Market Position
HERITAGE RESIDENCES has recorded 3 sales at an average price of $1,700,000.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2022 | 1 | $1,380 psf | — |
| 2024 | 1 | $1,443 psf | ↑ 4.6% |
| 2025 | 1 | $1,548 psf | ↑ 7.3% |
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HERITAGE RESIDENCES prices sit at a fresh series high after a 7.3% gain on the prior period, now 12.2% above the 2022 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 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 19 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
The profile fits families with young children, mrt-walkable commuters, car-owning households and quiet sanctuary seekers best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
international school families should treat this as a shortlist candidate, not a default choice.
yield-focused investors and resort facilities should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
HERITAGE RESIDENCES is a freehold development in District 15 (OCR), with 19 units, offering a gross yield of 2.6%.
At ~$1,548 psf, it represents a competitive entry point in the OCR segment.
Explore the full HERITAGE RESIDENCES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing HERITAGE RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (730m away), an upgrader gap of about $1,050,000
- Bedok — 4-room average $659,895 (1.1 km away), an upgrader gap of about $1,050,000
- Geylang — 4-room average $761,443 (1.3 km away), an upgrader gap of about $950,000
FAQ
What is the average PSF for HERITAGE RESIDENCES?
Is HERITAGE RESIDENCES freehold?
What is the rental yield for HERITAGE RESIDENCES?
Which MRT is nearest to HERITAGE RESIDENCES?
Sources & Next Steps
- HERITAGE 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: 3 transactions
- Rental data: 13 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 3 records analysed · Source: URA private-sale caveats