IVORY APARTMENTS Review

Condo Review 4 min read Last reviewed
District 15 · Freehold
Avg PSF (12-month)
2Total units
Category Ratings
Walkability
7.5
En-Bloc Potential
3.4
ShiokNest Score
2.8

Overview & Key Facts

IVORY APARTMENTS is a freehold condominium at EAST COAST ROAD in District 15 (OCR), developed by , comprising 2 units.

Developer
Tenure
Freehold
Total units
2
TOP year
District
15 — OCR
Street
EAST COAST ROAD

Location & Connectivity

IVORY APARTMENTS is approximately 450m from Marine Terrace MRT station, with 4 stations within 1.5 km.

MRT stations near IVORY APARTMENTS
StationLineDistance
Marine TerraceThomson-East Coast Line450m
SiglapThomson-East Coast Line1.2 km
KembanganEast-West Line1.2 km
Marine ParadeThomson-East Coast Line1.4 km

Schools & Education

14 schools within 2 km (3 within 1 km priority zone).

Schools near IVORY APARTMENTS
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary390m
Chung Cheng High School (Main)Secondary770m
East Coast Primary SchoolPrimary1 km
Global Indian International School (GIIS East Coast)International1 km
Canadian International School (Tanjong Katong)International1.7 km
Tanjong Katong Girls' SchoolSecondary1.7 km
CHIJ (Katong) PrimaryPrimary1.7 km
Broadrick Secondary SchoolSecondary1.8 km

Market Position

IVORY APARTMENTS has recorded 1 sales at an average price of $3,500,000.

IVORY APARTMENTS sits at the 4th percentile of District 15 condo PSF.
Avg PSF (12mo)
$3,500,000
Avg Price
2.4%
Gross Yield
1
Total Sales

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

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 2-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

Buyers most likely to be happy here: multi-generational families, mrt-walkable commuters, p1 school balloting families and freehold / generational hold. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

For long-term hold (10+ yr) and heavy renovation / value seekers, it can work — but weigh the trade-offs before committing.

resort facilities should probably look elsewhere. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.


Verdict

IVORY APARTMENTS is a freehold development in District 15 (OCR), with 2 units, offering a gross yield of 2.4%.

Explore the full IVORY APARTMENTS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Marine Parade — 4-room average $648,065 (400m away), an upgrader gap of about $2,850,000
  • Bedok — 4-room average $659,895 (1.5 km away), an upgrader gap of about $2,850,000
  • Geylang — 4-room average $761,443 (1.6 km away), an upgrader gap of about $2,750,000

FAQ

What is the average PSF for IVORY APARTMENTS?
PSF data is not yet available.
Is IVORY APARTMENTS freehold?
Yes, IVORY APARTMENTS is a freehold property.
What is the rental yield for IVORY APARTMENTS?
The estimated gross yield is 2.4%.
Which MRT is nearest to IVORY APARTMENTS?
The nearest is Marine Terrace MRT at 450m.

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: 1 transactions
  • Rental data: 4 leases
  • Source: URA REALIS

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

Data as of December 2021

Latest recorded data point: Dec 2021 · 1 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: