Margate Mansions
Margate Mansions is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1993. Across 34 transactions on record, units have recently transacted around S$666k (S$684 psf, ~936 sqft).
What are the key facts about Margate Mansions?
Margate Mansions is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1993.
- Tenure
- Freehold
- TOP / Completion
- 1993
- Developer
- —
- Total units
- —
- Blocks
- —
- District / Area
- District 15 (Marine Parade)
- Market segment
- RCR
- Median PSF
- S$684 psf
- Last transacted
- Aug 2007
- Remaining lease
- Freehold
What is the price and PSF at Margate Mansions?
Units have recently transacted around S$666k (S$684 psf), at a gross rental yield of about 2.5% (URA caveat data).
Recent median price
S$666k
recent · 34 sales on record
Median PSF
S$684 psf
recent transactions
Median rent (monthly)
S$1,400
108 rentals on record
Gross rental yield
2.5%
indicative, gross
Source: URA caveat data, through Aug 2007.
What has recently sold at Margate Mansions?
Margate Mansions has 34 recorded sales; the most recent transacted at S$58,000,000 in Aug 2007 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2007 | S$58,000,000 | 45,435 | S$1,277 psf |
| Mar 2007 | S$780,000 | 1,141 | S$684 psf |
| Dec 2006 | S$650,000 | 936 | S$694 psf |
| May 2005 | S$470,000 | 936 | S$502 psf |
| Jan 2005 | S$485,000 | 936 | S$518 psf |
| Jul 2004 | S$485,000 | 936 | S$518 psf |
| Dec 2003 | S$680,000 | 1,141 | S$596 psf |
| Feb 2002 | S$700,000 | 1,141 | S$614 psf |
| Oct 2001 | S$670,000 | 926 | S$724 psf |
| Sept 2001 | S$666,000 | 936 | S$711 psf |
| Jun 2001 | S$673,000 | 936 | S$719 psf |
| Mar 2001 | S$660,000 | 926 | S$713 psf |
34 sales and 108 rentals on record since Jul 1995. Source: URA.
Are prices at Margate Mansions rising?
The median transacted PSF at Margate Mansions has fallen 16% over the past 12 years (1995–2007), from S$812 psf to S$684 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2007 | S$684 psf | S$780k | 2 | +36.3% |
| 2005 | S$502 psf | S$470k | 2 | -29.6% |
| 2001 | S$713 psf | S$666k | 4 | -1.5% |
| 1999 | S$724 psf | S$670k | 5 | +0.3% |
| 1998 | S$722 psf | S$680k | 3 | -12.2% |
| 1997 | S$822 psf | S$770k | 2 | -7.2% |
| 1996 | S$886 psf | S$840k | 10 | +9.1% |
| 1995 | S$812 psf | S$900k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Margate Mansions?
9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Margate Mansions 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.
Where is Margate Mansions and what's nearby?
Margate Mansions is located in Marine Parade, in the Central Region of Singapore.
Margate Mansions is a freehold apartment completed in 1993.
MARGATE MANSIONS is located at 12 Margate Road, Singapore 438053. 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 Katong Park MRT, approximately 360m away, around 6 minutes on foot. Nearby amenities include Katong V for shopping, CHEE MIN KUAN, SIMON for groceries, Blk 4A Jalan Batu for food options, and Wilkinson Interim Pk for greenery and recreation. Facilities in the development include Barbeque Area and Swimming pool.
How far is Margate Mansions from MRT and schools?
The nearest MRT/LRT to Margate Mansions is Katong Park MRT, about 360 m away (~6 min walk). 3 schools are within 1 km.
Getting around
- Katong Park MRT360 m · ~6 min
- Tanjong Katong MRT934 m · ~15 min
Schools nearby
- Dunman High SchoolMixed-level schoolwithin 1 km672 m
- Chung Cheng High School (Main)Secondary schoolwithin 1 km692 m
- Broadrick Secondary SchoolSecondary schoolwithin 1 km872 m
- Tanjong Katong Girls' SchoolSecondary school1.2 km
- Kong Hwa SchoolPrimary school1.3 km
- Tanjong Katong Secondary SchoolSecondary school1.4 km
- Tanjong Katong Primary SchoolPrimary school1.4 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Margate Mansions have?
Margate Mansions has 2 facilities, including Barbeque Area, Swimming pool.
What does it cost to own a unit at Margate Mansions?
Buying a unit at Margate Mansions (~S$666k) needs about S$4,875/mo in income and S$2,243/mo in repayments, after S$14,580 stamp duty and a S$167k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$666k) 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$14,580
BSD, tiered
Downpayment (25%)
S$167k
cash + CPF
Monthly instalment
S$2,243/mo
30y @ 3.5%
Income required
S$4,875/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 Margate Mansions? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Margate Mansions's own transactions.
PropKakiRecent units at Margate Mansions sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Margate Mansions
How much does a unit at Margate Mansions cost?⌄
Units at Margate Mansions have recently transacted around S$666k (S$684 psf), from 34 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Margate Mansions?⌄
For a unit around S$666k as a first home, you'd need roughly S$4,875/mo in income (assessed at the stress-test rate), with repayments near S$2,243/mo after a S$167k (25%) downpayment and S$14,580 Buyer's Stamp Duty.
Is Margate Mansions a good investment?⌄
Gross rental yield is about 2.5%; median PSF has fallen about 16% since 1995. 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 Margate Mansions going up?⌄
The median transacted PSF at Margate Mansions has fallen about 16% between 1995 and 2007, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Margate Mansions freehold or leasehold?⌄
Margate Mansions is freehold — ownership does not expire.
When was Margate Mansions built and who developed it?⌄
Margate Mansions obtained TOP in 1993.
What is the nearest MRT to Margate Mansions?⌄
The nearest MRT/LRT station to Margate Mansions is Katong Park MRT, about 360 m away (~6 min walk).
Are there schools near Margate Mansions?⌄
3 schools are within 1 km of Margate Mansions, including Dunman High School, Chung Cheng High School (Main), Broadrick Secondary School.