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 9 units for sale from S$950k to S$2.18M.
| Tenure | Freehold |
|---|---|
| TOP year | 2014 |
| Developer | RL DEVELOPMENTS PTE LTD |
| Units | 68 in 1 block |
| District and area | District 2 · Bukit Merah · CCR |
| Nearest MRT | Outram Park MRT, 672 m (~11 min walk) |
| Latest median psf | S$491 psf, last 12 URA caveats to Nov 2011 |
What's for sale and for rent at Dragon Mansion?
Dragon Mansion has 9 units listed for sale, asking S$950k to S$2.18M (median S$2,506 psf), and 5 units for rent at a median of S$3,500 a month.
For sale
9 listings
S$950k – S$2.18M
For rent
5 listings
S$2,799 – S$4,700 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 4 | S$950k–S$1.50M | S$2,448 psf |
| 2-bedroom | 5 | S$1.39M–S$2.18M | S$2,561 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Dragon Mansion?
Floor plans for Dragon Mansion aren't in PropKaki's library yet. Across 45 URA caveats, units range from 1,324 sqft to 100,751 sqft, and the middle half are 1,324 sqft to 1,399 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 387 sqft to 893 sqft | S$950k · S$2,448 psf |
| 2-bedroom | 506 sqft to 1,098 sqft | S$1.39M · S$2,561 psf |
Check the Floor Plan Finder for Dragon Mansion →
Unit sizes from URA caveats. Listed sizes from current property listings.
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$2,506 psf — about 410% 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.
Is Dragon Mansion a good investment?
Of 10 units at Dragon Mansion that were bought and later resold (bought from 1995, resold up to 2009), 60% sold for more than they were bought for, with a median gain of 4% over a median 4.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.2%. Units listed now ask about 410% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
60%
of 10 resales here
Median gain
4%
gross, before costs
Median hold
4.7 years
bought to resold
Every unit at Dragon Mansion with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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
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
15,290
all-time · all property types
Source: CEA public transaction records, attributed to District 2 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is Dragon Mansion freehold?⌄
Yes. Dragon Mansion is freehold, so ownership does not run out.
How old is Dragon Mansion?⌄
Dragon Mansion was completed (obtained TOP) in 2014, so it is about 12 years old.
Is Dragon Mansion a good investment?⌄
Of 10 units at Dragon Mansion that were bought and later resold (bought from 1995, resold up to 2009), 60% sold for more than they were bought for, with a median gain of 4% over a median 4.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.2%. Units listed now ask about 410% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Dragon Mansion an EC?⌄
No. Dragon Mansion is a private apartment development, not an executive condominium (EC).
Who is the developer of Dragon Mansion?⌄
Dragon Mansion was developed by RL DEVELOPMENTS PTE LTD.
What is the price of a condo at Dragon Mansion?⌄
Units at Dragon Mansion have recently sold for around S$650k (S$491 psf), the median of the last 12 URA caveats to Nov 2011. The price depends on size, floor and facing. 9 units are listed for sale from S$950k to S$2.18M.
Where is Dragon Mansion located?⌄
Dragon Mansion is at 14 Spottiswoode Park Road, Singapore 088641, in Bukit Merah (District 2). The nearest MRT station is Outram Park MRT, about 672 m away.
How many units are there in Dragon Mansion?⌄
Dragon Mansion has 68 units in 1 block, up to 35 storeys high.
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.
Are prices at Dragon Mansion going up?⌄
The median price per square foot at Dragon Mansion has risen about 5% between 1997 and 2009, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.