FreeholdRCRDistrict 15 (Marine Parade)

Margate Mansions

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2007 (URA)
Quick Summary

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).

Key facts about Margate Mansions
TenureFreehold
TOP year1993
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTKatong Park MRT, 360 m (~6 min walk)
Latest median psfS$684 psf, last 12 URA caveats to Aug 2007
1

What's for sale and for rent at Margate Mansions?

Key Takeaway

No units at Margate Mansions are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Margate Mansions?

Key Takeaway

Floor plans for Margate Mansions aren't in PropKaki's library yet. Across 34 URA caveats, units range from 926 sqft to 45,435 sqft, and the middle half are 936 sqft to 1,109 sqft.

3

What is the price and PSF at Margate Mansions?

Key Takeaway

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.

4

What has recently sold at Margate Mansions?

Key Takeaway

Margate Mansions has 34 recorded sales; the most recent transacted at S$58,000,000 in Aug 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2007S$58,000,00045,435S$1,277 psf
Mar 2007S$780,0001,141S$684 psf
Dec 2006S$650,000936S$694 psf
May 2005S$470,000936S$502 psf
Jan 2005S$485,000936S$518 psf
Jul 2004S$485,000936S$518 psf
Dec 2003S$680,0001,141S$596 psf
Feb 2002S$700,0001,141S$614 psf
Oct 2001S$670,000926S$724 psf
Sept 2001S$666,000936S$711 psf
Jun 2001S$673,000936S$719 psf
Mar 2001S$660,000926S$713 psf

34 sales and 108 rentals on record since Jul 1995. Source: URA.

5

Are prices at Margate Mansions rising?

Key Takeaway

The median transacted PSF at Margate Mansions has fallen 16% over the past 12 years (19952007), from S$812 psf to S$684 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2007S$684 psfS$780k2+36.3%
2005S$502 psfS$470k2-29.6%
2001S$713 psfS$666k4-1.5%
1999S$724 psfS$670k5+0.3%
1998S$722 psfS$680k3-12.2%
1997S$822 psfS$770k2-7.2%
1996S$886 psfS$840k10+9.1%
1995S$812 psfS$900k2

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

6

Is Margate Mansions a good investment?

Key Takeaway

Margate Mansions has only 7 resales on record, too few to judge on its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.5%. Past resale results don't predict future returns, and this is not financial advice.

District 15 sold for more

87%

of 26,248 private resales

Median gain

28%

gross, before costs

Median hold

6.0 years

bought to resold

Margate Mansions has fewer than 10 matched resales, so the figures are for District 15 as a whole. Check the odds for your unit size and holding period →

7

Where is Margate Mansions and what's nearby?

Key Takeaway

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.

8

How far is Margate Mansions from MRT and schools?

Key Takeaway

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

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

Mall: Katong V · 1.6 kmSupermarket: Chee Min Kuan, Simon · 962 mHawker centre: Blk 4A Jalan Batu · 647 mPark: Wilkinson Interim Pk · 304 m

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

9

What facilities does Margate Mansions have?

Key Takeaway

Margate Mansions has 2 facilities, including Barbeque Area, Swimming pool.

Barbeque AreaSwimming pool
10

What does it cost to own a unit at Margate Mansions?

Key Takeaway

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

Read how to tell if a condo is profitable →

11

How many property agents are active around Margate Mansions?

Key Takeaway

9,527 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

9,527

District 15 · closed ≥1 deal

Deals on record

60,936

all-time · all property types

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

Keep going in the PropKaki app

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.

PropKaki
Is Margate Mansions a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Margate Mansions

Is Margate Mansions freehold?

Yes. Margate Mansions is freehold, so ownership does not run out.

How old is Margate Mansions?

Margate Mansions was completed (obtained TOP) in 1993, so it is about 33 years old.

Is Margate Mansions a good investment?

Margate Mansions has only 7 resales on record, too few to judge on its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.5%. Past resale results don't predict future returns, and this is not financial advice.

Is Margate Mansions an EC?

No. Margate Mansions is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Margate Mansions?

Units at Margate Mansions have recently sold for around S$666k (S$684 psf), the median of the last 12 URA caveats to Aug 2007. The price depends on size, floor and facing.

Where is Margate Mansions located?

Margate Mansions is at 12 Margate Road, Singapore 438053, in Marine Parade (District 15). The nearest MRT station is Katong Park MRT, about 360 m away.

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.

Are prices at Margate Mansions going up?

The median price per square foot at Margate Mansions has fallen about 16% between 1995 and 2007, based on URA caveats. The year-by-year figures are in the price-trend table above.