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).
What are the key facts about Margate Point?
Margate Point is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1998, with 15 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1998
- Developer
- —
- Total units
- 15
- Blocks
- 1
- District / Area
- District 15 (Marine Parade)
- Market segment
- RCR
- Median PSF
- S$1,210 psf
- Last transacted
- Mar 2025
- Remaining lease
- Freehold
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.
How many property agents are active around Margate Point?
9,526 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
9,526
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 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.
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
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.
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
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 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
How much does a unit at Margate Point cost?⌄
Units at Margate Point have recently transacted around S$1.55M (S$1,210 psf), from 31 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 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.
Is Margate Point a good investment?⌄
Gross rental yield is about 2.2%; median PSF has risen about 83% since 1996. 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 Point going up?⌄
The median transacted PSF at Margate Point has risen about 83% between 1996 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Margate Point freehold or leasehold?⌄
Margate Point is freehold — ownership does not expire.
When was Margate Point built and who developed it?⌄
Margate Point obtained TOP in 1998, with 15 units across 1 block.
What is the nearest MRT to Margate Point?⌄
The nearest MRT/LRT station to Margate Point is Katong Park MRT, about 363 m away (~6 min walk).
Are there schools near Margate Point?⌄
3 schools are within 1 km of Margate Point, including Dunman High School, Chung Cheng High School (Main), Broadrick Secondary School.