STRAITS MANSIONS Review

Condo Review 5 min read Last reviewed
District 15 · Freehold
~$2,220Avg PSF (12-month)
25Total units
Category Ratings
Walkability
7.5
Investment
4.0
En-Bloc Potential
3.9
ShiokNest Score
5.3

Overview & Key Facts

STRAITS MANSIONS is a freehold condominium at SEA AVENUE in District 15 (RCR), developed by , comprising 25 units.

Developer
Tenure
Freehold
Total units
25
TOP year
District
15 — RCR
Street
SEA AVENUE

Location & Connectivity

STRAITS MANSIONS is approximately 310m from Marine Parade MRT station, with 3 stations within 1.5 km.

MRT stations near STRAITS MANSIONS
StationLineDistance
Marine ParadeThomson-East Coast Line310m
Marine TerraceThomson-East Coast Line760m
Tanjong KatongThomson-East Coast Line1.4 km

Schools & Education

11 schools within 2 km (6 within 1 km priority zone).

Schools near STRAITS MANSIONS
SchoolTypeDistance
CHIJ (Katong) PrimaryPrimary640m
Canadian International School (Tanjong Katong)International710m
Tanjong Katong Girls' SchoolSecondary770m
Broadrick Secondary SchoolSecondary810m
EtonHouse International School (Broadrick)International810m
Tao Nan SchoolPrimary960m
Tanjong Katong Primary SchoolPrimary1.1 km
Telok Kurau Primary SchoolPrimary1.1 km

Unit Mix & Pricing

Unit mix for STRAITS MANSIONS
TypeSalesAvg PSFAvg Price
3 BR3$2,161 psf$2,523,333
4 BR1$2,161 psf$3,070,000

Market Position

STRAITS MANSIONS has recorded 4 sales at an average price of $2,660,000.

STRAITS MANSIONS sits at the 90th percentile of District 15 condo PSF.
$2,220 psf
Avg PSF (12mo)
$2,660,000
Avg Price
2.2%
Gross Yield
4
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at STRAITS MANSIONS typically rent harder per dollar of purchase price:

Per-bedroom gross yield at STRAITS MANSIONS
TypeAvg RentAvg PriceGross Yield
3 BR$4,883/mo$2,523,3332.32%
4 BR$5,500/mo$3,070,0002.15%

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Price Appreciation

PSF trend for STRAITS MANSIONS
YearSalesAvg PSFYoY
20221$1,986 psf
20252$2,218 psf↑ 11.7%
20261$2,224 psf↑ 0.3%

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STRAITS MANSIONS prices sit at a fresh series high, now 12.0% 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

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

  • 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 25 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, p1 school balloting families, international school families and long-term hold (10+ yr). MRT proximity is the standout commute feature for daily transit users.

yield-focused investors should treat this as a shortlist candidate, not a default choice.

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


Verdict

STRAITS MANSIONS is a freehold development in District 15 (RCR), with 25 units, offering a gross yield of 2.2%.

At ~$2,220 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full STRAITS MANSIONS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Marine Parade — 4-room average $648,065 (180m away), an upgrader gap of about $2,000,000
  • Geylang — 4-room average $761,443 (1.2 km away), an upgrader gap of about $1,900,000

FAQ

What is the average PSF for STRAITS MANSIONS?
The 12-month average is approximately $2,220 psf.
Is STRAITS MANSIONS freehold?
Yes, STRAITS MANSIONS is a freehold property.
What is the rental yield for STRAITS MANSIONS?
The estimated gross yield is 2.2%.
Which MRT is nearest to STRAITS MANSIONS?
The nearest is Marine Parade MRT at 310m.

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: 4 transactions
  • Rental data: 40 leases
  • Source: URA REALIS

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

Data as of February 2026

Latest recorded data point: Feb 2026 · 4 records analysed · Source: URA private-sale caveats

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