99-yearCCRDistrict 7 (Downtown Core)

South Beach Residences

Reviewed by Nathan TangUpdated 24 September 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 85 units for sale from S$3.39M to S$25.32M. The lease has approximately 80 years remaining.

Key facts about South Beach Residences
Tenure99-year leasehold from 2007 (≈80 years left)
TOP year2016
DeveloperSOUTH BEACH CONSORTIUM PTE LTD
Units190 in 1 block
District and areaDistrict 7 · Downtown Core · CCR
Nearest MRTEsplanade MRT, 132 m (~2 min walk)
Latest median psfS$3,464 psf, last 12 URA caveats to Feb 2026
1

What's for sale and for rent at South Beach Residences?

Key Takeaway

South Beach Residences has 85 units listed for sale, asking S$3.39M to S$25.32M (median S$3,500 psf), and 47 units for rent at a median of S$15,000 a month.

For sale

85 listings

S$3.39M – S$25.32M

For rent

47 listings

S$9,800 – S$26,000 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom30S$3.39M–S$7.80MS$3,166 psf
3-bedroom25S$5.70M–S$9.90MS$3,500 psf
4-bedroom30S$7.68M–S$25.32MS$3,599 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at South Beach Residences?

Key Takeaway

Floor plans for South Beach Residences aren't in PropKaki's library yet. Across 105 URA caveats, units range from 936 sqft to 6,728 sqft, and the middle half are 1,593 sqft to 2,260 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom1,023 sqft to 1,873 sqftS$3.39M · S$3,166 psf
3-bedroom1,744 sqft to 2,164 sqftS$5.70M · S$3,500 psf
4-bedroom2,260 sqft to 6,727 sqftS$7.68M · S$3,599 psf

Check the Floor Plan Finder for South Beach Residences →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

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$13,759

215 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$3,500 psf.

Source: URA caveat data, through Feb 2026.

4

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 215 rentals on record since Sept 2018. Source: URA.

5

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.

6

Is South Beach Residences a good investment?

Key Takeaway

South Beach Residences has only 6 resales on record, too few to judge on its own. Across District 7, 86% of 1,541 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 21% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.

District 7 sold for more

86%

of 1,541 private resales

Median gain

21%

gross, before costs

Median hold

6.0 years

bought to resold

South Beach Residences has fewer than 10 matched resales, so the figures are for District 7 as a whole. Check the odds for your unit size and holding period →

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

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.

9

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
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

Read how to tell if a condo is profitable →

12

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

12,907

all-time · all property types

Source: CEA public transaction records, attributed to District 7 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 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…
13

Frequently asked questions about South Beach Residences

Is South Beach Residences freehold?

No. South Beach Residences is on a 99-year lease that started in 2007, with about 80 years left.

How old is South Beach Residences?

South Beach Residences was completed (obtained TOP) in 2016, so it is about 10 years old.

Is South Beach Residences a good investment?

South Beach Residences has only 6 resales on record, too few to judge on its own. Across District 7, 86% of 1,541 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 21% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.

Is South Beach Residences an EC?

No. South Beach Residences is a private apartment development, not an executive condominium (EC).

Who is the developer of South Beach Residences?

South Beach Residences was developed by SOUTH BEACH CONSORTIUM PTE LTD.

What is the price of a condo at South Beach Residences?

Units at South Beach Residences have recently sold for around S$7.50M (S$3,464 psf), the median of the last 12 URA caveats to Feb 2026. The price depends on size, floor and facing. 85 units are listed for sale from S$3.39M to S$25.32M.

Where is South Beach Residences located?

South Beach Residences is at 28 Beach Road, Singapore 189762, in Downtown Core (District 7). The nearest MRT station is Esplanade MRT, about 132 m away.

How many units are there in South Beach Residences?

South Beach Residences has 190 units in 1 block, up to 45 storeys high.

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.

Are prices at South Beach Residences going up?

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