FreeholdRCRDistrict 15 (Geylang)

Straits Residences

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2024 (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 49 transactions on record, units have recently transacted around S$728k (S$1,482 psf, ~506 sqft). There is 1 unit for sale from S$950k to S$950k.

1

What are the key facts about Straits Residences?

Key Takeaway

Straits Residences is a freehold apartment in District 15 (Geylang) that obtained TOP in 2013, with 30 units across 2 blocks.

Tenure
Freehold
TOP / Completion
2013
Developer
ROXY LAND PTE LTD
Total units
30
Blocks
2
District / Area
District 15 (Geylang)
Market segment
RCR
Median PSF
S$1,482 psf
Last transacted
Dec 2024
Remaining lease
Freehold
2

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 · 49 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

Source: URA caveat data, through Dec 2024.

3

What has recently sold at Straits Residences?

Key Takeaway

Straits Residences has 49 recorded sales; the most recent transacted at S$638,000 in Dec 2024 (URA caveat data).

DatePriceSize (sqft)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
Jul 2018S$1,138,0001,302S$874 psf

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

4

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.

5

How many property agents are active around Straits Residences?

Key Takeaway

9,526 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

9,526

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.

6

What bedroom types are available at Straits Residences?

Key Takeaway

Straits Residences has 1 unit listed for sale, spanning 2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom1S$950k–S$950k
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

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
9

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.

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

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 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…
12

Frequently asked questions about Straits Residences

How much does a unit at Straits Residences cost?

Units at Straits Residences have recently transacted around S$728k (S$1,482 psf), from 49 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Straits Residences a good investment?

Gross rental yield is about 3.5%; median PSF has risen about 35% since 2010. 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 Straits Residences going up?

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

Is Straits Residences freehold or leasehold?

Straits Residences is freehold — ownership does not expire.

When was Straits Residences built and who developed it?

Straits Residences obtained TOP in 2013, developed by ROXY LAND PTE LTD, with 30 units across 2 blocks.

How many units are for sale at Straits Residences?

There is 1 unit for sale at Straits Residences, from S$950k to S$950k.

What is the nearest MRT to Straits Residences?

The nearest MRT/LRT station to Straits Residences is Eunos MRT, about 706 m away (~11 min walk).

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 qualify for Primary 1 (P1) registration priority.

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