THE CARPMAELINA Review

Condo Review 5 min read Last reviewed
District 15 · Freehold · Completed 2006
~$1,537Avg PSF (12-month)
52Total units
Category Ratings
Walkability
7.1
Investment
4.0
En-Bloc Potential
5.2
ShiokNest Score
5.6

Overview & Key Facts

THE CARPMAELINA is a freehold condominium at CARPMAEL ROAD in District 15 (RCR), developed by RIDGEVALE DEVELOPMENT PTE LTD, comprising 52 units, completed in 2006.

Developer
RIDGEVALE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
52
TOP year
2006
District
15 — RCR
Street
CARPMAEL ROAD

Location & Connectivity

THE CARPMAELINA is approximately 770m from Paya Lebar MRT station, with 6 stations within 1.5 km.

MRT stations near THE CARPMAELINA
StationLineDistance
Paya LebarEast-West Line770m
Paya LebarCircle Line770m
EunosEast-West Line970m
Tanjong KatongThomson-East Coast Line1 km
DakotaCircle Line1.1 km
Marine ParadeThomson-East Coast Line1.4 km

Schools & Education

15 schools within 2 km (10 within 1 km priority zone).

Schools near THE CARPMAELINA
SchoolTypeDistance
Haig Girls' SchoolPrimary370m
Tanjong Katong Girls' SchoolSecondary520m
Broadrick Secondary SchoolSecondary540m
EtonHouse International School (Broadrick)International540m
Tao Nan SchoolPrimary600m
Canadian International School (Tanjong Katong)International610m
Canossa Catholic Primary SchoolPrimary650m
Tanjong Katong Primary SchoolPrimary680m

Unit Mix & Pricing

Unit mix for THE CARPMAELINA
TypeSalesAvg PSFAvg Price
2 BR1$1,327 psf$1,200,000
3 BR7$1,473 psf$1,750,984
5+ BR3$1,208 psf$2,326,667

Market Position

THE CARPMAELINA has recorded 11 sales at an average price of $1,857,899.

THE CARPMAELINA sits at the 30th percentile of District 15 condo PSF.
$1,537 psf
Avg PSF (12mo)
$1,857,899
Avg Price
3.0%
Gross Yield
11
Total Sales

Price Appreciation

PSF trend for THE CARPMAELINA
YearSalesAvg PSFYoY
20214$1,249 psf
20221$1,327 psf↑ 6.3%
20233$1,387 psf↑ 4.5%
20241$1,703 psf↑ 22.8%
20251$1,375 psf↓ 19.2%
20261$1,698 psf↑ 23.5%

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The series remains near its 2024 high — THE CARPMAELINA prices sit 36.0% above where they began in 2021.

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

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 52-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits families with young children, yield-focused investors, long-term hold (10+ yr) and freehold / generational hold best. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

For car-owning households and international school families, 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.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

THE CARPMAELINA is a freehold development in District 15 (RCR), with 52 units, offering a gross yield of 3.0%.

At ~$1,537 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full THE CARPMAELINA dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Geylang — 4-room average $761,443 (50m away), an upgrader gap of about $1,100,000
  • Marine Parade — 4-room average $648,065 (1.4 km away), an upgrader gap of about $1,200,000
  • Bedok — 4-room average $659,895 (1.9 km away), an upgrader gap of about $1,200,000

FAQ

What is the average PSF for THE CARPMAELINA?
The 12-month average is approximately $1,537 psf.
Is THE CARPMAELINA freehold?
Yes, THE CARPMAELINA is a freehold property.
What is the rental yield for THE CARPMAELINA?
The estimated gross yield is 3.0%.
Which MRT is nearest to THE CARPMAELINA?
The nearest is Paya Lebar MRT at 770m.

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: 11 transactions
  • Rental data: 21 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 11 records analysed · Source: URA private-sale caveats

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