Overview & Key Facts
SANTA FE MANSIONS is a freehold condominium at MARGATE ROAD in District 15 (RCR), developed by SANTA DEVELOPMENT PTE LTD, comprising 45 units, completed in 1998.
Location & Connectivity
SANTA FE MANSIONS is approximately 520m from Katong Park MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Katong Park | Thomson-East Coast Line | 520m |
| Tanjong Katong | Thomson-East Coast Line | 730m |
| Dakota | Circle Line | 920m |
| Mountbatten | Circle Line | 950m |
Schools & Education
12 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Tanjong Katong Primary School | Primary | 1.2 km |
| One World International School (Mountbatten) | International | 1.2 km |
| Tao Nan School | Primary | 1.3 km |
| Haig Girls' School | Primary | 1.4 km |
| Geylang Methodist School (Secondary) | Secondary | 1.4 km |
| Geylang Methodist School (Primary) | Primary | 1.4 km |
| CHIJ (Katong) Primary | Primary | 1.5 km |
| Broadrick Secondary School | Secondary | 1.6 km |
Market Position
SANTA FE MANSIONS has recorded 10 sales at an average price of $1,861,500.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $1,533 psf | — |
| 2022 | 3 | $1,561 psf | ↑ 1.8% |
| 2025 | 2 | $1,763 psf | ↑ 12.9% |
| 2026 | 4 | $1,814 psf | ↑ 2.9% |
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SANTA FE MANSIONS prices sit at a fresh series high after a 2.9% gain on the prior period, now 18.3% 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 6 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 45 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
Buyers most likely to be happy here: empty nesters / downsizers, car-owning households, long-term hold (10+ yr) and en-bloc speculators. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
For mrt-walkable commuters and yield-focused investors, 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
SANTA FE MANSIONS is a freehold development in District 15 (RCR), with 45 units, offering a gross yield of 2.4%.
At ~$1,797 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full SANTA FE MANSIONS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SANTA FE MANSIONS against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (510m away), an upgrader gap of about $1,000,000
- Geylang — 4-room average $761,443 (770m away), an upgrader gap of about $1,100,000
- Marine Parade — 4-room average $648,065 (1.9 km away), an upgrader gap of about $1,200,000
FAQ
What is the average PSF for SANTA FE MANSIONS?
Is SANTA FE MANSIONS freehold?
What is the rental yield for SANTA FE MANSIONS?
Which MRT is nearest to SANTA FE MANSIONS?
Sources & Next Steps
- SANTA FE MANSIONS 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: 10 transactions
- Rental data: 45 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 10 records analysed · Source: URA private-sale caveats