99-yearCCRDistrict 7 (Downtown Core)

South Beach Residences

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

South Beach Residences is a 99-year apartment in District 7 (Downtown Core) that obtained TOP in 2016, with 190 units across 1 block. Across 105 transactions on record, units have recently transacted around S$7.50M (S$3,464 psf, ~1,970 sqft). There are 57 units for sale from S$3.39M to S$16.00M. The lease has approximately 80 years remaining.

1

What are the key facts about South Beach Residences?

Key Takeaway

South Beach Residences is a 99-year apartment in District 7 (Downtown Core) that obtained TOP in 2016, with 190 units across 1 block.

Tenure
99-year
TOP / Completion
2016
Developer
SOUTH BEACH CONSORTIUM PTE LTD
Total units
190
Blocks
1
District / Area
District 7 (Downtown Core)
Market segment
CCR
Median PSF
S$3,464 psf
Last transacted
Feb 2026
Remaining lease
≈ 80 years
2

What is the price and PSF at South Beach Residences?

Key Takeaway

Units have recently transacted around S$7.50M (S$3,464 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$7.50M

recent · 105 sales on record

Median PSF

S$3,464 psf

recent transactions

Median rent (monthly)

S$13,818

209 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$3,599 psf — about 4% above the most recent transacted PSF.

Source: URA caveat data, through Feb 2026.

3

What has recently sold at South Beach Residences?

Key Takeaway

South Beach Residences has 105 recorded sales; the most recent transacted at S$6,980,000 in Feb 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Feb 2026S$6,980,0001,916S$3,643 psf
Oct 2025S$7,500,0002,121S$3,537 psf
Feb 2025S$7,000,0002,282S$3,068 psf
Oct 2024S$3,530,0001,141S$3,094 psf
Jul 2024S$7,680,0002,260S$3,398 psf
Feb 2023S$8,630,0001,916S$4,504 psf
Dec 2022S$8,500,0001,970S$4,315 psf
Dec 2021S$6,018,0001,873S$3,213 psf
Oct 2021S$18,500,0003,897S$4,748 psf
May 2021S$16,000,0004,446S$3,599 psf
Apr 2021S$17,560,0005,070S$3,464 psf
Feb 2021S$3,950,6001,216S$3,248 psf

105 sales and 209 rentals on record since Sept 2018. Source: URA.

4

Are prices at South Beach Residences rising?

Key Takeaway

The median transacted PSF at South Beach Residences has fallen 8% over the past 7 years (20182025), from S$3,350 psf to S$3,068 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$3,068 psfS$7.00M2-0.8%
2024S$3,094 psfS$3.53M2-4.7%
2021S$3,248 psfS$6.02M6+0.4%
2020S$3,234 psfS$3.97M7-3.2%
2019S$3,342 psfS$6.35M57-0.2%
2018S$3,350 psfS$6.76M28

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

5

How many property agents are active around South Beach Residences?

Key Takeaway

3,436 CEA-registered agents closed at least one recorded deal in District 7 — where South Beach Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

3,436

District 7 · closed ≥1 deal

Deals on record

12,904

all-time · all property types

Source: CEA public transaction records, attributed to District 7across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at South Beach Residences?

Key Takeaway

South Beach Residences has 57 units listed for sale, spanning 2–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom20S$3.39M–S$6.00M
3-bedroom13S$5.70M–S$9.90MS$3,061 psf
4-bedroom24S$7.08M–S$16.00MS$3,599 psf
7

Where is South Beach Residences and what's nearby?

Key Takeaway

South Beach Residences is located in Downtown Core, in the Central Region of Singapore.

South Beach Residences is a 99-year apartment completed in 2016. It was developed by SOUTH BEACH CONSORTIUM PTE LTD. The development has 190 residential units. It sits on a land area of 34,959 sqm and has a gross floor area of 146,828 sqm. The plot ratio is 4.2.

SOUTH BEACH RESIDENCES is located at 28 Beach Road, Singapore 189762. It is part of District 07, Middle Road / Golden Mile, Downtown Core. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Esplanade MRT, approximately 132m away, around 2 minutes on foot. Nearby amenities include Raffles City for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Albert Centre Market & Food Centre for food options, and War Memorial Pk for greenery and recreation. Facilities in the development include Drop Off Point, Gymnasium room, Karaoke, Lap pool, Lift lobby, and Main entrance.

8

Who built South Beach Residences and how big is the development?

Key Takeaway

South Beach Residences was developed by SOUTH BEACH CONSORTIUM PTE LTD, with 190 units over up to 45 storeys.

Developer
SOUTH BEACH CONSORTIUM PTE LTD
Floors
45 storeys
Blocks
1
Land area
34,959 sqm (376,295 sqft)
Gross floor area
146,828 sqm (1,580,442 sqft)
Plot ratio
4.20
9

How far is South Beach Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to South Beach Residences is Esplanade MRT, about 132 m away (~2 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • School Of The Arts, SingaporeMixed-level schoolwithin 1 km987 m
  • St. Margaret's School (Primary)Primary school1.5 km

Shops, food & parks

Mall: Raffles City · 302 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 302 mHawker centre: Albert Centre Market & Food Centre · 778 mPark: War Memorial Pk · 219 m

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

10

What facilities does South Beach Residences have?

Key Takeaway

South Beach Residences has 9 facilities, including Drop Off Point, Gymnasium room, Karaoke, Lap pool, and more.

Drop Off PointGymnasium roomKaraokeLap poolLift lobbyMain entrancePavillion24 hours securitySwimming pool
11

What does it cost to own a unit at South Beach Residences?

Key Takeaway

Buying a unit at South Beach Residences (~S$7.50M) needs about S$54,902/mo in income and S$25,259/mo in repayments, after S$389,600 stamp duty and a S$1.88M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$7.50M) 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$389,600

BSD, tiered

Downpayment (25%)

S$1.88M

cash + CPF

Monthly instalment

S$25,259/mo

30y @ 3.5%

Income required

S$54,902/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 South Beach Residences? Ask before you commit.

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

PropKaki
Is South Beach Residences a good buy, and what are units selling for?

Recent units at South Beach Residences sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about South Beach Residences

How much does a unit at South Beach Residences cost?

Units at South Beach Residences have recently transacted around S$7.50M (S$3,464 psf), from 105 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at South Beach Residences?

For a unit around S$7.50M as a first home, you'd need roughly S$54,902/mo in income (assessed at the stress-test rate), with repayments near S$25,259/mo after a S$1.88M (25%) downpayment and S$389,600 Buyer's Stamp Duty.

Is South Beach Residences a good investment?

Gross rental yield is about 2.2%, and current asking prices sit about 4% above the most recent transacted PSF; median PSF has fallen about 8% since 2018. 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 South Beach Residences going up?

The median transacted PSF at South Beach Residences has fallen about 8% between 2018 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is South Beach Residences freehold or leasehold?

South Beach Residences is 99-year, with approximately 80 years remaining on the lease.

When was South Beach Residences built and who developed it?

South Beach Residences obtained TOP in 2016, developed by SOUTH BEACH CONSORTIUM PTE LTD, with 190 units across 1 block.

How many units are for sale at South Beach Residences?

There are 57 units for sale at South Beach Residences, from S$3.39M to S$16.00M.

What is the nearest MRT to South Beach Residences?

The nearest MRT/LRT station to South Beach Residences is Esplanade MRT, about 132 m away (~2 min walk).

Are there schools near South Beach Residences?

1 school is within 1 km of South Beach Residences, including School Of The Arts, Singapore.

Chat on WhatsApp