FreeholdRCRDistrict 15 (Marine Parade)

Alpha Apartments

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2026 (URA)
Quick Summary

Alpha Apartments is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 2005, with 22 units across 1 block. Across 36 transactions on record, units have recently transacted around S$1.19M (S$949 psf, ~1,152 sqft).

1

What are the key facts about Alpha Apartments?

Key Takeaway

Alpha Apartments is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 2005, with 22 units across 1 block.

Tenure
Freehold
TOP / Completion
2005
Developer
EVERSPRING PROPERTY PTE LTD
Total units
22
Blocks
1
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$949 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at Alpha Apartments?

Key Takeaway

Units have recently transacted around S$1.19M (S$949 psf), at a gross rental yield of about 3.1% (URA caveat data).

Recent median price

S$1.19M

recent · 36 sales on record

Median PSF

S$949 psf

recent transactions

Median rent (monthly)

S$3,092

95 rentals on record

Gross rental yield

3.1%

indicative, gross

Source: URA caveat data, through May 2026.

3

What has recently sold at Alpha Apartments?

Key Takeaway

Alpha Apartments has 36 recorded sales; the most recent transacted at S$2,650,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$2,650,0002,465S$1,075 psf
Aug 2021S$1,410,0001,249S$1,129 psf
Jul 2021S$1,240,0001,152S$1,077 psf
Jul 2017S$1,260,0001,249S$1,009 psf
Feb 2017S$1,030,0001,152S$894 psf
Dec 2016S$1,468,8881,572S$935 psf
Oct 2016S$1,185,0001,249S$949 psf
Feb 2016S$1,128,0001,152S$979 psf
Jul 2012S$1,660,0002,228S$745 psf
Aug 2011S$1,150,0001,152S$998 psf
Jan 2010S$670,000915S$732 psf
Nov 2009S$690,000915S$754 psf

36 sales and 95 rentals on record since Feb 2004. Source: URA.

4

Are prices at Alpha Apartments rising?

Key Takeaway

The median transacted PSF at Alpha Apartments has risen 115% over the past 17 years (20042021), from S$500 psf to S$1,077 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2021S$1,077 psfS$1.24M2+20.5%
2017S$894 psfS$1.03M2-5.8%
2016S$949 psfS$1.19M3+54.1%
2009S$616 psfS$710k3-5.1%
2007S$649 psfS$747k3+27.0%
2005S$511 psfS$588k5+2.2%
2004S$500 psfS$630k14

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Alpha Apartments?

Key Takeaway

9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Alpha Apartments sits — in the last 12 months, across all property types.

Active agents · 12mo

9,526

District 15 · closed ≥1 deal

Deals on record

60,896

all-time · all property types

Source: CEA public transaction records, attributed to District 15across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Alpha Apartments and what's nearby?

Key Takeaway

Alpha Apartments is located in Marine Parade, in the Central Region of Singapore.

Alpha Apartments is a freehold apartment completed in 2005. It was developed by EVERSPRING PROPERTY PTE LTD. The development has 22 residential units. It sits on a land area of 1,663 sqm and has a gross floor area of 2,329 sqm. The plot ratio is 1.4.

ALPHA APARTMENTS is located at 98 Koon Seng Road, Singapore 427037. It is part of District 15, Katong / Joo Chiat / Amber Road, Marine Parade. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Eunos MRT, approximately 916m away, around 14 minutes on foot. Nearby amenities include i12 Katong for shopping, NTUC Fairprice Co-operative Ltd for groceries, Dunman Food Centre for food options, and Koon Seng Park for greenery and recreation. Facilities in the development include Barbeque Area, Jacuzzi, Playground, and Swimming pool.

7

Who built Alpha Apartments and how big is the development?

Key Takeaway

Alpha Apartments was developed by EVERSPRING PROPERTY PTE LTD, with 22 units.

Developer
EVERSPRING PROPERTY PTE LTD
Blocks
1
Land area
1,663 sqm (17,900 sqft)
Gross floor area
2,329 sqm (25,069 sqft)
Plot ratio
1.40
8

How far is Alpha Apartments from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Alpha Apartments is Eunos MRT, about 916 m away (~14 min walk). 5 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority278 m
  • Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority870 m
  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority935 m
  • Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km972 m
  • Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority999 m
  • Tanjong Katong Girls' SchoolSecondary school1.1 km
  • St. Patrick's SchoolSecondary school1.4 km
  • Chij Katong ConventSecondary school1.4 km

Shops, food & parks

Mall: i12 Katong · 738 mSupermarket: NTUC Fairprice Co-operative Ltd · 482 mHawker centre: Dunman Food Centre · 480 mPark: Koon Seng Park · 299 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

What facilities does Alpha Apartments have?

Key Takeaway

Alpha Apartments has 4 facilities, including Barbeque Area, Jacuzzi, Playground, Swimming pool.

Barbeque AreaJacuzziPlaygroundSwimming pool
10

What does it cost to own a unit at Alpha Apartments?

Key Takeaway

Buying a unit at Alpha Apartments (~S$1.19M) needs about S$8,675/mo in income and S$3,991/mo in repayments, after S$32,000 stamp duty and a S$296k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.19M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$32,000

BSD, tiered

Downpayment (25%)

S$296k

cash + CPF

Monthly instalment

S$3,991/mo

30y @ 3.5%

Income required

S$8,675/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Alpha Apartments? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Alpha Apartments's own transactions.

PropKaki
Is Alpha Apartments a good buy, and what are units selling for?

Recent units at Alpha Apartments sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Alpha Apartments

How much does a unit at Alpha Apartments cost?

Units at Alpha Apartments have recently transacted around S$1.19M (S$949 psf), from 36 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Alpha Apartments?

For a unit around S$1.19M as a first home, you'd need roughly S$8,675/mo in income (assessed at the stress-test rate), with repayments near S$3,991/mo after a S$296k (25%) downpayment and S$32,000 Buyer's Stamp Duty.

Is Alpha Apartments a good investment?

Gross rental yield is about 3.1%; median PSF has risen about 115% since 2004. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Alpha Apartments going up?

The median transacted PSF at Alpha Apartments has risen about 115% between 2004 and 2021, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Alpha Apartments freehold or leasehold?

Alpha Apartments is freehold — ownership does not expire.

When was Alpha Apartments built and who developed it?

Alpha Apartments obtained TOP in 2005, developed by EVERSPRING PROPERTY PTE LTD, with 22 units across 1 block.

What is the nearest MRT to Alpha Apartments?

The nearest MRT/LRT station to Alpha Apartments is Eunos MRT, about 916 m away (~14 min walk).

Which primary schools are within 1 km of Alpha Apartments?

Haig Girls' School, Chij (Katong) Primary, Tanjong Katong Primary School, Tao Nan School are within 1 km of Alpha Apartments — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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