Candeville

D15 (OCR) Freehold
District 15 ·Freehold
~$1,481 Avg PSF (12-month)
2.5% Rental yield
12 Total units
Category Ratings
Facilities
5.0
Unit size & layout
7.5
Value for money
8.5
Neighbourhood
7.5
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

Candeville occupies a quiet side street in the heart of Singapore’s most coveted freehold belt. Developed by Sing Development Pte Ltd and completed in 1996, this four-storey boutique development at 37 Lorong M Telok Kurau contains just 12 units — making it one of the smallest private condominiums you will encounter in District 15. At that scale, it is more accurately described as a small freehold apartment block than a conventional condominium estate.

The development sits within the Telok Kurau alphabet lorongs — a network of narrow residential streets labelled Lorong J through Lorong N that thread between Telok Kurau Road and Joo Chiat Road. This cluster is synonymous with quiet, landed-adjacent living: the streets are too small for heavy traffic, the buildings are low-rise, and the neighbourhood has retained a distinctly unhurried character even as property values have climbed steadily over the decades. Lorong M alone hosts 19 private residential projects, almost all of them boutique freehold developments of between 6 and 60 units.

With only two recorded resale transactions in the platform’s dataset (averaging S$1.93M, median S$2.06M at roughly S$1,481 psf), Candeville’s ShiokNest score of 26/100 reflects thin data rather than any deficiency in the property itself. A freehold development in D15, adjacent to Marine Parade and with a 0.57 km walk to the newly opened Marine Terrace TEL station, is not a project anyone should dismiss on a score alone.

Developer
Tenure
Freehold
Total units
12
TOP year
District
15 — OCR
Street
LORONG M TELOK KURAU

Location & Connectivity

Lorong M Telok Kurau is best understood as a village street within the city. It runs parallel to the slightly busier Lorong L and Lorong N, and connects to Joo Chiat Road at one end — a road lined with Peranakan shophouses, cafes, and local restaurants that has been experiencing steady gentrification since the early 2010s. Telok Kurau Primary School is just 380 metres away on foot, making the address a legitimate contender for Primary 1 balloting. East Coast Park is reachable in roughly 12 minutes on a bicycle or 20 minutes on foot via the park connector network.

The most significant change to Candeville’s connectivity arrived with Marine Terrace MRT (TE27), which opened as part of the Thomson–East Coast Line Stage 4 in late 2024. The station is 0.57 km from the development — about a 7-minute walk. It gives residents a one-seat ride to Marina Bay (TE20), City Hall interchange (coming on TEL Stage 5), Orchard (TE14), and eventually Woodlands (TE2). Before TEL opened, the nearest MRT was Kembangan (EW7) at 1.14 km — a bus-dependent commute. That calculus has now shifted materially for car-lite households.

For drivers, the East Coast Parkway (ECP) is accessible in under five minutes, placing the CBD at roughly 15–18 minutes in off-peak conditions. Parkway Parade shopping mall, one of the East Coast’s anchor retail centres, is a short drive or a pleasant 15-minute walk via Joo Chiat Road. Paya Lebar Quarter and PLQ Mall are reachable in around 10 minutes by car. The NTUC FairPrice at Joo Chiat Complex and the Katong wet market at Dunman Food Centre serve daily grocery and hawker needs without requiring a car trip.

School proximity at a glance
Telok Kurau Primary is just 380m away — one of the closest primary schools to any condo reviewed on this platform. Telok Kurau Secondary (TKGS), Canadian International School (Tanjong Katong campus), Broadrick Secondary, EtonHouse, Canossa Catholic Primary, and CHIJ Katong Primary all fall within 1.25 km. Chung Cheng High is at 1.30 km. Few addresses in D15 can match this density of school options within walking distance.

Schools & Education

1 primary school within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Telok Kurau Primary SchoolprimaryWithin 1 km
Tanjong Katong Girls' Schoolsecondary~1.1 km
Canadian International School (Tanjong Katong)international~1.1 km
Broadrick Secondary Schoolsecondary~1.2 km
EtonHouse International School (Broadrick)international~1.2 km
Canossa Catholic Primary Schoolprimary~1.2 km
CHIJ (Katong) Primaryprimary~1.2 km
Chung Cheng High School (Main)secondary~1.3 km

Facilities

Candeville does not carry the resort-style amenity list of a large condominium estate. At 12 units and four storeys, the development is expected to offer a swimming pool, covered car parking, and security — and those are the essentials it delivers. The pool is appropriately sized for a development of this scale, and the compact grounds are easily maintained, which matters more than most buyers realise: boutique developments of this era typically carry lower maintenance fees than larger estates, and the MCST (if active) tends to keep the property in reasonable order.

Buyers looking for a gymnasium, tennis court, function room, or concierge services will not find them here. That is not a flaw — it is the correct trade-off for someone who values freehold land tenure, a quiet street, and walkable access to East Coast Park over a long amenity checklist they may use infrequently. The surrounding neighbourhood effectively serves as the extended amenity set: hawker centres, cafes, the East Coast Park cycling and jogging network, and the proximity to Marine Terrace MRT replace what is absent on-site.

“Lorong M is one of those streets where you feel like you’re inside a kampung even though you’re fifteen minutes from the CBD. It’s what D15 used to be, and still is, in the pockets that haven’t been torn down for high-rise yet.”

— Resident observation, Telok Kurau neighbourhood forum

Unit Sizes & Layout

With just 12 units across four storeys, Candeville almost certainly houses three units per floor. At S$1,929,444 average price and S$1,481 psf, the implied unit size is approximately 1,300 sqft — confirmed by the PropertyNoob dataset, which lists unit sizes from 111 sqm (1,195 sqft) to 178 sqm (1,916 sqft). These are generously proportioned by any measure: 1,195 sqft represents a three-bedroom unit that would cost S$2.5–3M in a new-build in the same district. The largest units at ~1,916 sqft are effectively penthouse-scale four-bedroom configurations.

The PSF has been remarkably stable over the measured window — S$1,480 to S$1,483 across the two recorded transactions. This is not the volatility-suppressed flatness of a poorly-transacted market; it reflects genuine price anchoring in a mature freehold pocket where owners hold long and sell rarely. Rental data (four transactions, avg S$3,925/mth, median S$4,300/mth) implies the 2-bedroom units rent around S$3,500 and the larger three-bedders closer to S$4,500–4,800, consistent with comparable Lorong M and Lorong K boutique developments.

Gross yield note
At S$1,481 psf and a median rent of S$4,300/mth, the gross yield sits at approximately 2.5% — below the D15 freehold average. This is structurally expected: freehold land in mature D15 commands a tenure premium that compresses yield. Buyers acquiring Candeville are paying for capital preservation and eventual land redevelopment optionality, not income return.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
3 BR1$1,480$1,800,000
4 BR1$1,483$2,058,888

Pricing & Market Position

Based on 2 recorded transactions, sale prices range from $1,800,000 to $2,058,888, averaging $1,929,444 (~$1,481 psf).

Rents range from $3,500 to $4,400 per month across 4 rental transactions. Current rental yield sits at approximately 2.5%.


Price Appreciation

From 2025 to 2026, the average PSF has appreciated by 0.2% (from $1,480 to $1,483 psf).

2026
+0.2%
$1,483 psf

Neighbourhood Comparison

Within Lorong M itself, Candeville competes directly with Le M Residence (also 12 units, freehold, similar vintage) and Meridian 38. Across the broader alphabet lorong belt, Ebony Mansions (Lorong M, 51 units, FH, 1996) offers more liquidity and a gym, while trading at a comparable PSF. Buyers wanting a larger community and more amenities without leaving the Lorong M micromarket should consider Ebony Mansions as the primary alternative.

For those willing to step up to the D15 freehold flagship tier, The Continuum on Thiam Siew Avenue (816 units, dual-island, 2027 TOP) transacts around S$2,790 psf — nearly double Candeville’s S$1,481 psf — and delivers resort-scale facilities and strong liquidity. That price gap represents exactly what boutique freehold buyers are giving up and receiving: premium communal amenities and easy re-saleability in exchange for quiet streets, lower psf entry, and freehold land at a meaningful discount.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
CANDEVILLEFreehold12$1,481
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,461
AMBER PARKFreehold2021592$2,540

ShiokNest Scores

Our proprietary scoring system evaluates CANDEVILLE across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
30/100
Insufficient data ·No data ·2 txns/yr ·Freehold ·0.57 km to MRT ·-8.8% district YoY ·En-bloc 34/100
En-Bloc Potential
34/100
Verdict: Low
Overall ShiokNest Score
26/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We moved here for the school proximity — Telok Kurau Primary is literally around the corner. The street is quieter than anything else we looked at in D15. We barely hear traffic.”

— Owner-occupier, Lorong M Telok Kurau

“It’s a small block, which means you actually know your neighbours. There’s none of the anonymity you get in a 200-unit condo. The pool is clean, the car park is covered, and the management is straightforward.”

— Long-term resident, Candeville

“The Marine Terrace MRT opening changed things. Before that, you needed a car or a bus to get anywhere with a train. Now we walk to the station and take the TEL — it’s become genuinely convenient.”

— Tenant, Lorong M area resident

Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease decay, full land ownership
  • Marine Terrace TEL MRT just 0.57km away (opened 2024)
  • Telok Kurau Primary School 380m — one of D15's best school anchors
  • Quiet, low-traffic alphabet lorong street environment
  • Generous unit sizes: 1,195–1,916 sqft vs new-build equivalents
  • Significantly underpriced vs D15 freehold peers (S$1,481 vs S$2,790 psf at The Continuum)
  • Low maintenance: 12 units, simple estate, no over-engineered facilities
  • Multiple schools within 1.25km covering primary, secondary, and international
  • East Coast Park accessible by cycling / foot via park connectors
  • Stable PSF trajectory — resilient to speculative swings
Weaknesses
  • Very thin transaction volume — only 2 resale records in dataset
  • Minimal facilities: pool and parking only, no gym, tennis court, or function room
  • Low liquidity — only 12 units means narrow buyer pool at exit
  • Gross yield ~2.5% is below average for D15 (tenure premium compresses income return)
  • ShiokNest score of 26/100 reflects data scarcity, which can confuse algorithmic systems
  • No concierge, no 24-hour guard post typical of larger developments
  • Older 1996 finishings — renovation likely required for new owners
  • Single TEL line only — no East-West or North-South Line proximity
Best for — P1 balloting (Telok Kurau Primary) Freehold land accumulators TEL commuters Long-horizon owner-occupiers Downsizers seeking quiet Car-lite families Short-term investors Amenity-driven buyers

Verdict

Candeville is the kind of property that rewards patient, specific buyers: those who want freehold land in a school-priority zone, do not need a gym and concierge, and understand that buying into a 12-unit boutique on Lorong M in 2026 means acquiring a scarce, low-turnover asset in one of Singapore’s most consistently desirable residential districts. The Marine Terrace TEL station, which opened in late 2024 just 570 metres away, has removed the main objection that historically kept transit-dependent buyers away from this pocket of D15. For the first time, a car-lite household can live on Lorong M and commute comfortably.

The honest caveat is liquidity. With only two resale transactions on record and 12 units in total, Candeville will never trade with the frequency of The Continuum or Marine Blue. Buyers must be comfortable holding for at least 5–10 years and accepting that the exit pool — while composed of motivated, high-conviction buyers — is narrow. At S$1,481 psf, the value case against freehold peers is compelling: The Continuum (FH, D15) transacts at roughly S$2,790 psf, and even smaller boutique freeholds on Lorong L and Lorong K have been transacting above S$1,600 psf in 2024–2025.

For families with children, the 380-metre walk to Telok Kurau Primary alone may justify a serious look. Combined with the quiet street environment, freehold tenure, and now-useful TEL connectivity, Candeville is a low-drama, long-horizon hold in a proven address — which is exactly what it was designed to be.

Frequently Asked Questions

Who developed Candeville and when was it completed?
Candeville was developed by Sing Development Pte Ltd and received its Temporary Occupation Permit (TOP) in 1996. It is a four-storey freehold development with 12 units at 37 Lorong M Telok Kurau, Singapore 425316.
How far is Candeville from the nearest MRT station?
The nearest MRT is Marine Terrace (TE27) on the Thomson–East Coast Line, approximately 0.57 km away — about a 7-minute walk. The station opened as part of TEL Stage 4 in late 2024. Marine Parade (TE26) is 1.06 km away, and Kembangan (EW6) on the East-West Line is 1.14 km away.
What primary schools are near Candeville?
Telok Kurau Primary School is just 380 metres away — one of the closest school pairings for any condo in District 15. CHIJ Katong Primary (1.24 km), Canossa Catholic Primary (1.22 km), and EtonHouse (1.21 km) are also within the 1 km–1.3 km band relevant for Phase 2B P1 balloting.
What is the current PSF price at Candeville?
Based on the most recent transactions, Candeville trades at approximately S$1,481 psf, with an average transacted price of S$1.93M. This represents a significant discount to larger freehold condominiums in D15 such as The Continuum (~S$2,790 psf).
What are the unit sizes at Candeville?
Units range from approximately 1,195 sqft (111 sqm) to 1,916 sqft (178 sqm), implying configurations from generous three-bedrooms to large four-bedroom or penthouse units. At S$1,481 psf, a 1,195 sqft unit is priced around S$1.77M.
Why is the ShiokNest score so low at 26/100?
The ShiokNest composite score reflects data density across multiple metrics including transaction volume, rental frequency, and market comparables. With only two resale transactions and four rental records in the dataset, many scoring inputs are statistically thin. The 26/100 score indicates limited data, not a poor neighbourhood or problematic development.
What facilities does Candeville offer?
As a 12-unit boutique development from 1996, Candeville offers a swimming pool and covered car parking. It does not have a gymnasium, tennis court, function room, or concierge. This is consistent with boutique freehold developments of its era and size — buyers who need a full facilities suite should consider larger D15 developments.