FreeholdRCRDistrict 15 (Marine Parade)

Paterson Mansion

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 1999 (URA)
Quick Summary

Paterson Mansion is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 2004, with 79 units across 1 block. Across 35 transactions on record, units have recently transacted around S$1.13M (S$882 psf, ~1,281 sqft).

1

What are the key facts about Paterson Mansion?

Key Takeaway

Paterson Mansion is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 2004, with 79 units across 1 block.

Tenure
Freehold
TOP / Completion
2004
Developer
CES-FORT PTE LTD
Total units
79
Blocks
1
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$882 psf
Last transacted
Sept 1999
Remaining lease
Freehold
2

What is the price and PSF at Paterson Mansion?

Key Takeaway

Units have recently transacted around S$1.13M (S$882 psf) (URA caveat data).

Recent median price

S$1.13M

recent · 35 sales on record

Median PSF

S$882 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Source: URA caveat data, through Sept 1999.

3

What has recently sold at Paterson Mansion?

Key Takeaway

Paterson Mansion has 35 recorded sales; the most recent transacted at S$1,130,000 in Sept 1999 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf
Sept 1999S$1,130,0001,281S$882 psf

35 sales and 0 rentals on record since Oct 1997. Source: URA.

4

How many property agents are active around Paterson Mansion?

Key Takeaway

9,526 CEA-registered agents closed at least one recorded deal in District 15 — where Paterson Mansion 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.

5

Where is Paterson Mansion and what's nearby?

Key Takeaway

Paterson Mansion is located in Marine Parade, in the Central Region of Singapore.

Paterson Mansion is a freehold apartment completed in 2004. It was developed by CES-FORT PTE LTD. The development has 79 residential units.

PATERSON MANSION is located at 3B Fort Road, Singapore 439069. 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 180m away, around 3 minutes on foot. Nearby amenities include Kallang Wave Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 4A Jalan Batu for food options, and Katong Pk for greenery and recreation.

6

Who built Paterson Mansion and how big is the development?

Key Takeaway

Paterson Mansion was developed by CES-FORT PTE LTD, with 79 units over up to 21 storeys.

Developer
CES-FORT PTE LTD
Floors
21 storeys
Blocks
1
7

How far is Paterson Mansion from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Paterson Mansion is Katong Park MRT, about 180 m away (~3 min walk). 3 schools are within 1 km.

Getting around

Schools nearby

  • Dunman High SchoolMixed-level schoolwithin 1 km440 m
  • Chung Cheng High School (Main)Secondary schoolwithin 1 km836 m
  • Broadrick Secondary SchoolSecondary schoolwithin 1 km861 m
  • Kong Hwa SchoolPrimary school1.3 km
  • Tanjong Katong Girls' SchoolSecondary school1.4 km
  • Tanjong Katong Secondary SchoolSecondary school1.6 km
  • Tanjong Katong Primary SchoolPrimary school1.6 km

Shops, food & parks

Mall: Kallang Wave Mall · 1.6 kmSupermarket: NTUC Fairprice Co-operative Ltd · 975 mHawker centre: Blk 4A Jalan Batu · 471 mPark: Katong Pk · 245 m

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

8

What does it cost to own a unit at Paterson Mansion?

Key Takeaway

Buying a unit at Paterson Mansion (~S$1.13M) needs about S$8,272/mo in income and S$3,806/mo in repayments, after S$29,800 stamp duty and a S$283k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.13M) 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$29,800

BSD, tiered

Downpayment (25%)

S$283k

cash + CPF

Monthly instalment

S$3,806/mo

30y @ 3.5%

Income required

S$8,272/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 →

Keep going in the PropKaki app

Thinking about Paterson Mansion? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Paterson Mansion's own transactions.

PropKaki
Is Paterson Mansion a good buy, and what are units selling for?

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

Ask anything about Singapore property…
9

Frequently asked questions about Paterson Mansion

How much does a unit at Paterson Mansion cost?

Units at Paterson Mansion have recently transacted around S$1.13M (S$882 psf), from 35 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Paterson Mansion?

For a unit around S$1.13M as a first home, you'd need roughly S$8,272/mo in income (assessed at the stress-test rate), with repayments near S$3,806/mo after a S$283k (25%) downpayment and S$29,800 Buyer's Stamp Duty.

Is Paterson Mansion freehold or leasehold?

Paterson Mansion is freehold — ownership does not expire.

When was Paterson Mansion built and who developed it?

Paterson Mansion obtained TOP in 2004, developed by CES-FORT PTE LTD, with 79 units across 1 block.

What is the nearest MRT to Paterson Mansion?

The nearest MRT/LRT station to Paterson Mansion is Katong Park MRT, about 180 m away (~3 min walk).

Are there schools near Paterson Mansion?

3 schools are within 1 km of Paterson Mansion, including Dunman High School, Chung Cheng High School (Main), Broadrick Secondary School.

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