FreeholdRCRDistrict 15 (Marine Parade)

The Albracca

Reviewed by Nathan TangUpdated 24 September 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).

Key facts about The Albracca
TenureFreehold
TOP year1990
DeveloperSL CAPITAL (5) PTE LTD (SUSTAINED LAND LTD/ GOODLAND GROUP/ HO LEE GROUP/ KWONG LEE LAND)
Units12 in 1 block
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTKatong Park MRT, 42 m (~1 min walk)
Latest median psfS$650 psf, last 5 URA caveats to Jul 2017
1

What's for sale and for rent at The Albracca?

Key Takeaway

No units at The Albracca are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at The Albracca?

Key Takeaway

Floor plans for The Albracca aren't in PropKaki's library yet. Across 5 URA caveats, units range from 1,722 sqft to 33,078 sqft, and the middle half are 3,714 sqft to 3,972 sqft.

3

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.

4

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.

5

Is The Albracca a good investment?

Key Takeaway

The Albracca has no resales on record yet, so it has no track record of its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.0%. Past resale results don't predict future returns, and this is not financial advice.

District 15 sold for more

87%

of 26,248 private resales

Median gain

28%

gross, before costs

Median hold

6.0 years

bought to resold

The Albracca has fewer than 10 matched resales, so the figures are for District 15 as a whole. Check the odds for your unit size and holding period →

6

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.

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

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
9

What facilities does The Albracca have?

Key Takeaway

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

Swimming poolWading pool
10

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

Read how to tell if a condo is profitable →

11

How many property agents are active around The Albracca?

Key Takeaway

9,527 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

9,527

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 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…
12

Frequently asked questions about The Albracca

Is The Albracca freehold?

Yes. The Albracca is freehold, so ownership does not run out.

How old is The Albracca?

The Albracca was completed (obtained TOP) in 1990, so it is about 36 years old.

Is The Albracca a good investment?

The Albracca has no resales on record yet, so it has no track record of its own. Across District 15, 87% of 26,248 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 28% over a median 6.0-year hold (URA caveats, before costs). Its gross rental yield is about 2.0%. Past resale results don't predict future returns, and this is not financial advice.

Is The Albracca an EC?

No. The Albracca is a private apartment development, not an executive condominium (EC).

Who is the developer of The Albracca?

The Albracca was developed by SL CAPITAL (5) PTE LTD (SUSTAINED LAND LTD/ GOODLAND GROUP/ HO LEE GROUP/ KWONG LEE LAND).

What is the price of a condo at The Albracca?

Units at The Albracca have recently sold for around S$2.14M (S$650 psf), the median of the last 5 URA caveats to Jul 2017. The price depends on size, floor and facing.

Where is The Albracca located?

The Albracca is at 1 Meyer Place, Singapore 437988, in Marine Parade (District 15). The nearest MRT station is Katong Park MRT, about 42 m away.

How many units are there in The Albracca?

The Albracca has 12 units in 1 block, up to 19 storeys high.

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.