FreeholdRCRDistrict 15 (Marine Parade)

The Albracca

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2017 (URA)
Quick Summary

The Albracca is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1990, with 12 units across 1 block. Across 5 transactions on record, units have recently transacted around S$2.14M (S$650 psf, ~3,972 sqft).

1

What are the key facts about The Albracca?

Key Takeaway

The Albracca is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 1990, with 12 units across 1 block.

Tenure
Freehold
TOP / Completion
1990
Developer
SL CAPITAL (5) PTE LTD (SUSTAINED LAND LTD/ GOODLAND GROUP/ HO LEE GROUP/ KWONG LEE LAND)
Total units
12
Blocks
1
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$650 psf
Last transacted
Jul 2017
Remaining lease
Freehold
2

What is the price and PSF at The Albracca?

Key Takeaway

Units have recently transacted around S$2.14M (S$650 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$2.14M

recent · 5 sales on record

Median PSF

S$650 psf

recent transactions

Median rent (monthly)

S$3,500

26 rentals on record

Gross rental yield

2.0%

indicative, gross

Source: URA caveat data, through Jul 2017.

3

What has recently sold at The Albracca?

Key Takeaway

The Albracca has 5 recorded sales; the most recent transacted at S$69,119,000 in Jul 2017 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2017S$69,119,00033,078S$2,090 psf
Jun 2013S$2,138,0001,722S$1,241 psf
Apr 2009S$2,100,0003,714S$565 psf
May 2005S$1,476,0003,972S$372 psf
May 2000S$2,580,0003,972S$650 psf

5 sales and 26 rentals on record since May 2000. Source: URA.

4

How many property agents are active around The Albracca?

Key Takeaway

9,526 CEA-registered agents closed at least one recorded deal in District 15 — where The Albracca 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 The Albracca and what's nearby?

Key Takeaway

The Albracca is located in Marine Parade, in the Central Region of Singapore.

The Albracca is a freehold apartment completed in 1990. It was developed by SL CAPITAL (5) PTE LTD (SUSTAINED LAND LTD/ GOODLAND GROUP/ HO LEE GROUP/ KWONG LEE LAND). The development has 12 residential units. It sits on a land area of 3,073 sqm and has a gross floor area of 4,564 sqm. The plot ratio is 2.13.

THE ALBRACCA is located at 1 Meyer Place, Singapore 437988. 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 42m away, around 1 minutes on foot. Nearby amenities include Kallang Wave Mall for shopping, Blk 4A Jalan Batu for food options, and Katong Pk for greenery and recreation. Facilities in the development include Swimming pool and Wading pool.

6

Who built The Albracca and how big is the development?

Key Takeaway

The Albracca was developed by SL CAPITAL (5) PTE LTD (SUSTAINED LAND LTD/ GOODLAND GROUP/ HO LEE GROUP/ KWONG LEE LAND), with 12 units over up to 19 storeys.

Developer
SL CAPITAL (5) PTE LTD (SUSTAINED LAND LTD/ GOODLAND GROUP/ HO LEE GROUP/ KWONG LEE LAND)
Floors
19 storeys
Blocks
1
Land area
3,073 sqm (33,077 sqft)
Gross floor area
4,564 sqm (49,126 sqft)
Plot ratio
2.13
7

How far is The Albracca from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Albracca is Katong Park MRT, about 42 m away (~1 min walk). 3 schools are within 1 km.

Getting around

Schools nearby

  • Dunman High SchoolMixed-level schoolwithin 1 km408 m
  • Chung Cheng High School (Main)Secondary schoolwithin 1 km978 m
  • Broadrick Secondary SchoolSecondary schoolwithin 1 km986 m
  • Kong Hwa SchoolPrimary school1.4 km
  • Tanjong Katong Girls' SchoolSecondary school1.5 km
  • Tanjong Katong Secondary SchoolSecondary school1.7 km
  • Tanjong Katong Primary SchoolPrimary school1.7 km

Shops, food & parks

Mall: Kallang Wave Mall · 1.5 kmHawker centre: Blk 4A Jalan Batu · 525 mPark: Katong Pk · 118 m

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

8

What facilities does The Albracca have?

Key Takeaway

The Albracca has 2 facilities, including Swimming pool, Wading pool.

Swimming poolWading pool
9

What does it cost to own a unit at The Albracca?

Key Takeaway

Buying a unit at The Albracca (~S$2.14M) needs about S$15,651/mo in income and S$7,200/mo in repayments, after S$76,500 stamp duty and a S$535k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.14M) 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$76,500

BSD, tiered

Downpayment (25%)

S$535k

cash + CPF

Monthly instalment

S$7,200/mo

30y @ 3.5%

Income required

S$15,651/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 The Albracca? Ask before you commit.

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

PropKaki
Is The Albracca a good buy, and what are units selling for?

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

Ask anything about Singapore property…
10

Frequently asked questions about The Albracca

How much does a unit at The Albracca cost?

Units at The Albracca have recently transacted around S$2.14M (S$650 psf), from 5 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Albracca?

For a unit around S$2.14M as a first home, you'd need roughly S$15,651/mo in income (assessed at the stress-test rate), with repayments near S$7,200/mo after a S$535k (25%) downpayment and S$76,500 Buyer's Stamp Duty.

Is The Albracca a good investment?

Gross rental yield is about 2.0%. 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.

Is The Albracca freehold or leasehold?

The Albracca is freehold — ownership does not expire.

When was The Albracca built and who developed it?

The Albracca obtained TOP in 1990, developed by SL CAPITAL (5) PTE LTD (SUSTAINED LAND LTD/ GOODLAND GROUP/ HO LEE GROUP/ KWONG LEE LAND), with 12 units across 1 block.

What is the nearest MRT to The Albracca?

The nearest MRT/LRT station to The Albracca is Katong Park MRT, about 42 m away (~1 min walk).

Are there schools near The Albracca?

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

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