Overview & Key Facts
MODA is a freehold condominium at EAST COAST ROAD in District 15 (RCR), developed by HOR KEW LAND PTE LTD, comprising 56 units, completed in 2013.
Location & Connectivity
MODA is approximately 350m from Marine Parade MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Parade | Thomson-East Coast Line | 350m |
| Tanjong Katong | Thomson-East Coast Line | 1 km |
| Marine Terrace | Thomson-East Coast Line | 1.2 km |
Schools & Education
12 schools within 2 km (7 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ (Katong) Primary | Primary | 260m |
| Canadian International School (Tanjong Katong) | International | 490m |
| Broadrick Secondary School | Secondary | 560m |
| EtonHouse International School (Broadrick) | International | 560m |
| Tanjong Katong Girls' School | Secondary | 580m |
| Tao Nan School | Primary | 620m |
| Tanjong Katong Primary School | Primary | 700m |
| Haig Girls' School | Primary | 1.1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 2 | $2,168 psf | $1,400,000 |
| 2 BR | 4 | $1,860 psf | $1,421,125 |
| 3 BR | 12 | $1,995 psf | $1,981,074 |
| 4 BR | 2 | $1,729 psf | $3,000,000 |
Market Position
MODA has recorded 20 sales at an average price of $1,912,869.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 5 | $1,669 psf | — |
| 2022 | 5 | $1,964 psf | ↑ 17.7% |
| 2023 | 1 | $2,168 psf | ↑ 10.3% |
| 2024 | 7 | $2,086 psf | ↓ 3.8% |
| 2025 | 2 | $2,118 psf | ↑ 1.6% |
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From the 2023 high, MODA prices have given back 2.3% — still 26.9% above the 2021 baseline. The most recent period recovered 1.6%, so the pullback may be finding a floor.
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 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 56-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
This is a strong match for mrt-walkable commuters, yield-focused investors, long-term hold (10+ yr) and freehold / generational hold. Located ~348m from Marine Parade MRT, this property is a comfortable daily walk for transit commuters.
Verdict
MODA is a freehold development in District 15 (RCR), with 56 units, offering a gross yield of 2.5%.
At ~$2,118 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full MODA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing MODA against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (350m away), an upgrader gap of about $1,250,000
- Geylang — 4-room average $761,443 (990m away), an upgrader gap of about $1,150,000
FAQ
What is the average PSF for MODA?
Is MODA freehold?
What is the rental yield for MODA?
Which MRT is nearest to MODA?
Sources & Next Steps
- MODA 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: 20 transactions
- Rental data: 80 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 20 records analysed · Source: URA private-sale caveats