Margate Point
Margate Point is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1998, with 15 units across 1 block. Across 31 transactions on record, units have recently transacted around S$1.55M (S$1,210 psf, ~1,281 sqft).
| Tenure | Freehold |
|---|---|
| TOP year | 1998 |
| Units | 15 in 1 block |
| District and area | District 15 · Marine Parade · RCR |
| Nearest MRT | Katong Park MRT, 363 m (~6 min walk) |
| Latest median psf | S$1,210 psf, last 12 URA caveats to Mar 2025 |
What's for sale and for rent at Margate Point?
Margate Point has 0 units listed for sale, and 12 units for rent at a median of S$1,500 a month.
For sale
0 listings
no asking prices
For rent
12 listings
S$1,450 – S$2,400 a month
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Margate Point?
Floor plans for Margate Point aren't in PropKaki's library yet. Across 31 URA caveats, units range from 1,281 sqft to 2,368 sqft, and the middle half are 1,281 sqft to 1,281 sqft.
Check the Floor Plan Finder for Margate Point →
Unit sizes from URA caveats.
What is the price and PSF at Margate Point?
Units have recently transacted around S$1.55M (S$1,210 psf), at a gross rental yield of about 2.2% (URA caveat data).
Recent median price
S$1.55M
recent · 31 sales on record
Median PSF
S$1,210 psf
recent transactions
Median rent (monthly)
S$2,871
89 rentals on record
Gross rental yield
2.2%
indicative, gross
Source: URA caveat data, through Mar 2025.
What has recently sold at Margate Point?
Margate Point has 31 recorded sales; the most recent transacted at S$2,550,000 in Mar 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Mar 2025 | S$2,550,000 | 1,281 | S$1,991 psf |
| Aug 2024 | S$2,400,000 | 1,281 | S$1,874 psf |
| Feb 2024 | S$2,260,000 | 1,281 | S$1,764 psf |
| Aug 2019 | S$1,780,000 | 1,281 | S$1,390 psf |
| May 2019 | S$1,650,000 | 1,281 | S$1,288 psf |
| Feb 2017 | S$1,550,000 | 1,281 | S$1,210 psf |
| Jan 2013 | S$1,650,000 | 1,281 | S$1,288 psf |
| May 2011 | S$1,300,000 | 1,281 | S$1,015 psf |
| Apr 2007 | S$880,000 | 1,281 | S$687 psf |
| Dec 2006 | S$680,000 | 1,281 | S$531 psf |
| May 2006 | S$620,000 | 1,281 | S$484 psf |
| Feb 2002 | S$830,000 | 1,281 | S$648 psf |
31 sales and 89 rentals on record since Jan 1996. Source: URA.
Are prices at Margate Point rising?
The median transacted PSF at Margate Point has risen 83% over the past 28 years (1996–2024), from S$963 psf to S$1,764 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2024 | S$1,764 psf | S$2.26M | 2 | +37.0% |
| 2019 | S$1,288 psf | S$1.65M | 2 | +166.1% |
| 2006 | S$484 psf | S$620k | 2 | -36.7% |
| 2000 | S$765 psf | S$980k | 2 | -20.6% |
| 1996 | S$963 psf | S$1.24M | 16 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Margate Point a good investment?
Of 16 units at Margate Point that were bought and later resold (bought from 1996, resold up to 2025), 63% sold for more than they were bought for, with a median gain of 6% over a median 6.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
63%
of 16 resales here
Median gain
6%
gross, before costs
Median hold
6.8 years
bought to resold
Every unit at Margate Point 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 Margate Point and what's nearby?
Margate Point is located in Marine Parade, in the Central Region of Singapore.
Margate Point is a freehold apartment completed in 1998. The development has 15 residential units. It sits on a land area of 1,187 sqm and has a gross floor area of 2,492 sqm. The plot ratio is 2.1.
MARGATE POINT is located at 2 Margate Road, Singapore 438042. 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 363m 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 Basement car park.
How far is Margate Point from MRT and schools?
The nearest MRT/LRT to Margate Point is Katong Park MRT, about 363 m away (~6 min walk). 3 schools are within 1 km.
Getting around
- Katong Park MRT363 m · ~6 min
- Tanjong Katong MRT960 m · ~15 min
- Dakota MRT969 m · ~15 min
Schools nearby
- Dunman High SchoolMixed-level schoolwithin 1 km646 m
- Chung Cheng High School (Main)Secondary schoolwithin 1 km668 m
- Broadrick Secondary SchoolSecondary schoolwithin 1 km828 m
- Tanjong Katong Girls' SchoolSecondary school1.2 km
- Kong Hwa SchoolPrimary school1.2 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.
Who built Margate Point and how big is the development?
Margate Point was developed by —, with 15 units.
- Blocks
- 1
- Land area
- 1,187 sqm (12,777 sqft)
- Gross floor area
- 2,492 sqm (26,824 sqft)
- Plot ratio
- 2.10
What facilities does Margate Point have?
Margate Point has 1 facility, including Basement car park.
What does it cost to own a unit at Margate Point?
Buying a unit at Margate Point (~S$1.55M) needs about S$11,346/mo in income and S$5,220/mo in repayments, after S$47,100 stamp duty and a S$388k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.55M) 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$47,100
BSD, tiered
Downpayment (25%)
S$388k
cash + CPF
Monthly instalment
S$5,220/mo
30y @ 3.5%
Income required
S$11,346/mo
TDSR @ stress rate
How many property agents are active around Margate Point?
9,527 CEA-registered agents closed at least one recorded deal in District 15 — where Margate Point 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.
Thinking about Margate Point? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Margate Point's own transactions.
PropKakiRecent units at Margate Point sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Margate Point
Is Margate Point freehold?⌄
Yes. Margate Point is freehold, so ownership does not run out.
How old is Margate Point?⌄
Margate Point was completed (obtained TOP) in 1998, so it is about 28 years old.
Is Margate Point a good investment?⌄
Of 16 units at Margate Point that were bought and later resold (bought from 1996, resold up to 2025), 63% sold for more than they were bought for, with a median gain of 6% over a median 6.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.
Is Margate Point an EC?⌄
No. Margate Point is a private apartment development, not an executive condominium (EC).
What is the price of a condo at Margate Point?⌄
Units at Margate Point have recently sold for around S$1.55M (S$1,210 psf), the median of the last 12 URA caveats to Mar 2025. The price depends on size, floor and facing.
Where is Margate Point located?⌄
Margate Point is at 2 Margate Road, Singapore 438042, in Marine Parade (District 15). The nearest MRT station is Katong Park MRT, about 363 m away.
How many units are there in Margate Point?⌄
Margate Point has 15 units in 1 block.
How much do I need to earn to buy at Margate Point?⌄
For a unit around S$1.55M as a first home, you'd need roughly S$11,346/mo in income (assessed at the stress-test rate), with repayments near S$5,220/mo after a S$388k (25%) downpayment and S$47,100 Buyer's Stamp Duty.
Are prices at Margate Point going up?⌄
The median price per square foot at Margate Point has risen about 83% between 1996 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.