FreeholdRCRDistrict 15 (Geylang)

Straits Residences

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2026 (URA)
Quick Summary

Straits Residences is a freehold apartment in District 15 (Geylang) that obtained TOP in 2013, with 30 units across 2 blocks. Across 50 transactions on record, units have recently transacted around S$728k (S$1,482 psf, ~506 sqft). There are 3 units for sale from S$950k to S$1.00M.

Key facts about Straits Residences
TenureFreehold
TOP year2013
DeveloperROXY LAND PTE LTD
Units30 in 2 blocks
District and areaDistrict 15 · Geylang · RCR
Nearest MRTEunos MRT, 706 m (~11 min walk)
Latest median psfS$1,482 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at Straits Residences?

Key Takeaway

Straits Residences has 3 units listed for sale, asking S$950k to S$1.00M (median S$1,976 psf), and 2 units for rent at a median of S$2,900 a month.

For sale

3 listings

S$950k – S$1.00M

For rent

2 listings

S$2,900 – S$3,300 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom3S$950k–S$1.00MS$1,976 psf

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

2

What are the floor plans and unit sizes at Straits Residences?

Key Takeaway

Floor plans for Straits Residences aren't in PropKaki's library yet. Across 50 URA caveats, units range from 344 sqft to 1,335 sqft, and the middle half are 431 sqft to 538 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom506 sqftS$950k · S$1,976 psf

Check the Floor Plan Finder for Straits Residences →

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

3

What is the price and PSF at Straits Residences?

Key Takeaway

Units have recently transacted around S$728k (S$1,482 psf), at a gross rental yield of about 3.5% (URA caveat data).

Recent median price

S$728k

recent · 50 sales on record

Median PSF

S$1,482 psf

recent transactions

Median rent (monthly)

S$2,093

123 rentals on record

Gross rental yield

3.5%

indicative, gross

Units currently for sale are asking a median of S$1,976 psf — about 33% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2026.

4

What has recently sold at Straits Residences?

Key Takeaway

Straits Residences has 50 recorded sales; the most recent transacted at S$1,400,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$1,400,0001,012S$1,384 psf
Dec 2024S$638,000344S$1,852 psf
Mar 2023S$868,000527S$1,646 psf
Jan 2023S$820,000506S$1,621 psf
Aug 2022S$645,000431S$1,498 psf
May 2022S$1,200,000872S$1,376 psf
Mar 2022S$668,000431S$1,551 psf
Oct 2021S$728,000538S$1,353 psf
Jan 2021S$720,000527S$1,365 psf
Nov 2020S$538,000344S$1,562 psf
Oct 2018S$1,158,0001,012S$1,144 psf
Sept 2018S$750,000506S$1,482 psf

50 sales and 123 rentals on record since Aug 2010. Source: URA.

5

Are prices at Straits Residences rising?

Key Takeaway

The median transacted PSF at Straits Residences has risen 35% over the past 13 years (20102023), from S$1,205 psf to S$1,621 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2023S$1,621 psfS$820k2+8.2%
2022S$1,498 psfS$668k3+10.7%
2021S$1,353 psfS$720k2+18.3%
2018S$1,144 psfS$750k4-25.4%
2013S$1,533 psfS$660k2+23.7%
2012S$1,239 psfS$680k2+16.1%
2011S$1,067 psfS$930k3-11.5%
2010S$1,205 psfS$597k26

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

6

Is Straits Residences a good investment?

Key Takeaway

Of 20 units at Straits Residences that were bought and later resold (bought from 2010, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 15% over a median 6.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.5%. Units listed now ask about 33% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

100%

of 20 resales here

Median gain

15%

gross, before costs

Median hold

6.7 years

bought to resold

Every unit at Straits Residences with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Straits Residences and what's nearby?

Key Takeaway

Straits Residences is located in Geylang, in the Central Region of Singapore.

Straits Residences is a freehold apartment completed in 2013. It was developed by ROXY LAND PTE LTD. The development has 30 residential units. It sits on a land area of 1,150 sqm and has a gross floor area of 1,479 sqm. The plot ratio is 1.4.

STRAITS RESIDENCES is located at 156 Joo Chiat Place, Singapore 427884. It is part of District 15, Katong / Joo Chiat / Amber Road, Geylang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Eunos MRT, approximately 706m away, around 11 minutes on foot. Nearby amenities include i12 Katong for shopping, NTUC Fairprice Co-operative Ltd for groceries, Dunman Food Centre for food options, and Joo Chiat Terrace Pk for greenery and recreation. Facilities in the development include Barbeque Area, Pool Deck, and Swimming pool.

8

How far is Straits Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Straits Residences is Eunos MRT, about 706 m away (~11 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority255 m
  • Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km973 m
  • Tanjong Katong Primary SchoolPrimary school1.0 km
  • Chij (Katong) PrimaryPrimary school1.1 km
  • Tanjong Katong Girls' SchoolSecondary school1.1 km
  • Tao Nan SchoolPrimary school1.2 km
  • St. Stephen's SchoolPrimary school1.5 km
  • Manjusri Secondary SchoolSecondary school1.6 km

Shops, food & parks

Mall: i12 Katong · 932 mSupermarket: NTUC Fairprice Co-operative Ltd · 676 mHawker centre: Dunman Food Centre · 550 mPark: Joo Chiat Terrace Pk · 327 m

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

9

Who built Straits Residences and how big is the development?

Key Takeaway

Straits Residences was developed by ROXY LAND PTE LTD, with 30 units over up to 5 storeys.

Developer
ROXY LAND PTE LTD
Floors
5 storeys
Blocks
2
Land area
1,150 sqm (12,378 sqft)
Gross floor area
1,479 sqm (15,920 sqft)
Plot ratio
1.40
10

What facilities does Straits Residences have?

Key Takeaway

Straits Residences has 3 facilities, including Barbeque Area, Pool Deck, Swimming pool.

Barbeque AreaPool DeckSwimming pool
11

What does it cost to own a unit at Straits Residences?

Key Takeaway

Buying a unit at Straits Residences (~S$728k) needs about S$5,329/mo in income and S$2,452/mo in repayments, after S$16,440 stamp duty and a S$182k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$728k) 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$16,440

BSD, tiered

Downpayment (25%)

S$182k

cash + CPF

Monthly instalment

S$2,452/mo

30y @ 3.5%

Income required

S$5,329/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Straits Residences?

Key Takeaway

9,527 CEA-registered agents closed at least one recorded deal in District 15 — where Straits Residences 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.

Keep going in the PropKaki app

Thinking about Straits Residences? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Straits Residences

Is Straits Residences freehold?

Yes. Straits Residences is freehold, so ownership does not run out.

How old is Straits Residences?

Straits Residences was completed (obtained TOP) in 2013, so it is about 13 years old.

Is Straits Residences a good investment?

Of 20 units at Straits Residences that were bought and later resold (bought from 2010, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 15% over a median 6.7-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.5%. Units listed now ask about 33% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Straits Residences an EC?

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

Who is the developer of Straits Residences?

Straits Residences was developed by ROXY LAND PTE LTD.

What is the price of a condo at Straits Residences?

Units at Straits Residences have recently sold for around S$728k (S$1,482 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 3 units are listed for sale from S$950k to S$1.00M.

Where is Straits Residences located?

Straits Residences is at 156 Joo Chiat Place, Singapore 427884, in Geylang (District 15). The nearest MRT station is Eunos MRT, about 706 m away.

How many units are there in Straits Residences?

Straits Residences has 30 units in 2 blocks, up to 5 storeys high.

How much do I need to earn to buy at Straits Residences?

For a unit around S$728k as a first home, you'd need roughly S$5,329/mo in income (assessed at the stress-test rate), with repayments near S$2,452/mo after a S$182k (25%) downpayment and S$16,440 Buyer's Stamp Duty.

Are prices at Straits Residences going up?

The median price per square foot at Straits Residences has risen about 35% between 2010 and 2023, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Straits Residences?

Haig Girls' School is within 1 km of Straits Residences. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.