Dragon Mansion
Dragon Mansion is a freehold apartment in District 2 (Bukit Merah) that obtained TOP in 2014, with 68 units across 1 block. Across 45 transactions on record, units have recently transacted around S$650k (S$491 psf, ~1,399 sqft). There are 14 units for sale from S$960k to S$1.90M.
What are the key facts about Dragon Mansion?
Dragon Mansion is a freehold apartment in District 2 (Bukit Merah) that obtained TOP in 2014, with 68 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2014
- Developer
- RL DEVELOPMENTS PTE LTD
- Total units
- 68
- Blocks
- 1
- District / Area
- District 2 (Bukit Merah)
- Market segment
- CCR
- Median PSF
- S$491 psf
- Last transacted
- Nov 2011
- Remaining lease
- Freehold
What is the price and PSF at Dragon Mansion?
Units have recently transacted around S$650k (S$491 psf), at a gross rental yield of about 3.2% (URA caveat data).
Recent median price
S$650k
recent · 45 sales on record
Median PSF
S$491 psf
recent transactions
Median rent (monthly)
S$1,750
315 rentals on record
Gross rental yield
3.2%
indicative, gross
Units currently for sale are asking a median of S$2,557 psf — about 421% above the most recent transacted PSF.
Source: URA caveat data, through Nov 2011.
What has recently sold at Dragon Mansion?
Dragon Mansion has 45 recorded sales; the most recent transacted at S$130,000,000 in Nov 2011 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Nov 2011 | S$130,000,000 | 90,030 | S$1,444 psf |
| Oct 2009 | S$100,800,000 | 100,751 | S$1,000 psf |
| Jan 2009 | S$770,000 | 1,324 | S$582 psf |
| May 2008 | S$880,000 | 1,399 | S$629 psf |
| Apr 2007 | S$750,000 | 1,324 | S$566 psf |
| Feb 2007 | S$825,000 | 1,399 | S$590 psf |
| Nov 2006 | S$650,000 | 1,324 | S$491 psf |
| Mar 2006 | S$530,000 | 1,324 | S$400 psf |
| Jan 2006 | S$628,000 | 1,324 | S$474 psf |
| Aug 2005 | S$540,000 | 1,399 | S$386 psf |
| Dec 2004 | S$630,000 | 1,399 | S$450 psf |
| Apr 2004 | S$565,000 | 1,399 | S$404 psf |
45 sales and 315 rentals on record since Jan 1995. Source: URA.
Are prices at Dragon Mansion rising?
The median transacted PSF at Dragon Mansion has risen 5% over the past 12 years (1997–2009), from S$553 psf to S$582 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2009 | S$582 psf | S$770k | 2 | +2.8% |
| 2007 | S$566 psf | S$750k | 2 | +19.4% |
| 2006 | S$474 psf | S$628k | 3 | +17.3% |
| 2004 | S$404 psf | S$565k | 2 | -0.7% |
| 2003 | S$407 psf | S$570k | 2 | -8.9% |
| 2002 | S$447 psf | S$625k | 2 | +5.2% |
| 2001 | S$425 psf | S$595k | 4 | -22.9% |
| 2000 | S$551 psf | S$738k | 4 | +11.3% |
| 1999 | S$495 psf | S$655k | 5 | -10.5% |
| 1997 | S$553 psf | S$732k | 6 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Dragon Mansion?
3,585 CEA-registered agents closed at least one recorded deal in District 2 — where Dragon Mansion sits — in the last 12 months, across all property types.
Active agents · 12mo
3,585
District 2 · closed ≥1 deal
Deals on record
15,284
all-time · all property types
Source: CEA public transaction records, attributed to District 2across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Dragon Mansion?
Dragon Mansion has 14 units listed for sale, spanning 1–2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 7 | S$960k–S$1.59M | S$2,579 psf |
| 2-bedroom | 7 | S$1.60M–S$1.90M | S$2,557 psf |
Where is Dragon Mansion and what's nearby?
Dragon Mansion is located in Bukit Merah, in the Central Region of Singapore.
Dragon Mansion is a freehold apartment completed in 2014. It was developed by RL DEVELOPMENTS PTE LTD. The development has 68 residential units. It sits on a land area of 4,013 sqm and has a gross floor area of 10,839 sqm. The plot ratio is 2.7.
DRAGON MANSION is located at 14 Spottiswoode Park Road, Singapore 088641. It is part of District 02, Anson / Tanjong Pagar, Bukit Merah. The project falls within the Central Region and the CCR market segment.
The nearest rail connection is Outram Park MRT, approximately 672m away, around 10 minutes on foot. Nearby amenities include 100 AM for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 6 Tanjong Pagar Plaza for food options, and Tras Link Pk for greenery and recreation. Facilities in the development include Car Park and Main entrance.
Who built Dragon Mansion and how big is the development?
Dragon Mansion was developed by RL DEVELOPMENTS PTE LTD, with 68 units over up to 35 storeys.
- Developer
- RL DEVELOPMENTS PTE LTD
- Floors
- 35 storeys
- Blocks
- 1
- Land area
- 4,013 sqm (43,196 sqft)
- Gross floor area
- 10,839 sqm (116,670 sqft)
- Plot ratio
- 2.70
How far is Dragon Mansion from MRT and schools?
The nearest MRT/LRT to Dragon Mansion is Outram Park MRT, about 672 m away (~11 min walk). 1 school is within 1 km, including 1 primary school.
Getting around
- Outram Park MRT672 m · ~11 min
- Maxwell MRT895 m · ~14 min
- Tanjong Pagar MRT917 m · ~14 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Cantonment Primary SchoolPrimary schoolwithin 1 km · P1 priority270 m
- Chij (Kellock)Primary school1.0 km
- Radin Mas Primary SchoolPrimary school1.5 km
- Zhangde Primary SchoolPrimary school1.6 km
- Chij St. Theresa's ConventSecondary school1.7 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Dragon Mansion have?
Dragon Mansion has 2 facilities, including Car Park, Main entrance.
What does it cost to own a unit at Dragon Mansion?
Buying a unit at Dragon Mansion (~S$650k) needs about S$4,758/mo in income and S$2,189/mo in repayments, after S$14,100 stamp duty and a S$163k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$650k) 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$14,100
BSD, tiered
Downpayment (25%)
S$163k
cash + CPF
Monthly instalment
S$2,189/mo
30y @ 3.5%
Income required
S$4,758/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 →
Thinking about Dragon Mansion? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Dragon Mansion's own transactions.
PropKakiRecent units at Dragon Mansion sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Dragon Mansion
How much does a unit at Dragon Mansion cost?⌄
Units at Dragon Mansion have recently transacted around S$650k (S$491 psf), from 45 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Dragon Mansion?⌄
For a unit around S$650k as a first home, you'd need roughly S$4,758/mo in income (assessed at the stress-test rate), with repayments near S$2,189/mo after a S$163k (25%) downpayment and S$14,100 Buyer's Stamp Duty.
Is Dragon Mansion a good investment?⌄
Gross rental yield is about 3.2%, and current asking prices sit about 421% above the most recent transacted PSF; median PSF has risen about 5% since 1997. 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 Dragon Mansion going up?⌄
The median transacted PSF at Dragon Mansion has risen about 5% between 1997 and 2009, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Dragon Mansion freehold or leasehold?⌄
Dragon Mansion is freehold — ownership does not expire.
When was Dragon Mansion built and who developed it?⌄
Dragon Mansion obtained TOP in 2014, developed by RL DEVELOPMENTS PTE LTD, with 68 units across 1 block.
How many units are for sale at Dragon Mansion?⌄
There are 14 units for sale at Dragon Mansion, from S$960k to S$1.90M.
What is the nearest MRT to Dragon Mansion?⌄
The nearest MRT/LRT station to Dragon Mansion is Outram Park MRT, about 672 m away (~11 min walk).
Which primary schools are within 1 km of Dragon Mansion?⌄
Cantonment Primary School is within 1 km of Dragon Mansion — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.