99-yearCCRDistrict 4 (Southern Islands)

The Azure

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

The Azure is a 99-year condominium in District 4 (Southern Islands) that obtained TOP in 2008, with 116 units across 2 blocks. Across 247 transactions on record, units have recently transacted around S$2.96M (S$1,728 psf, ~1,711 sqft). There are 88 units for sale from S$2.35M to S$5.49M. The lease has approximately 78 years remaining.

Key facts about The Azure
Tenure99-year leasehold from 2005 (≈78 years left)
TOP year2008
DeveloperCPL VIEW PTE LTD
Units116 in 2 blocks
District and areaDistrict 4 · Southern Islands · CCR
Latest median psfS$1,728 psf, last 12 URA caveats to Jul 2026
1

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

Key Takeaway

The Azure has 88 units listed for sale, asking S$2.35M to S$5.49M (median S$1,750 psf), and 64 units for rent at a median of S$10,000 a month.

For sale

88 listings

S$2.35M – S$5.49M

For rent

64 listings

S$8,500 – S$14,000 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom2S$3.00M–S$3.30M
2-bedroom4S$2.35M–S$3.00M
3-bedroom69S$2.92M–S$5.08MS$1,753 psf
4-bedroom13S$3.71M–S$5.49MS$1,750 psf

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

2

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

Key Takeaway

Floor plans for The Azure aren't in PropKaki's library yet. Across 247 URA caveats, units range from 1,313 sqft to 4,532 sqft, and the middle half are 1,701 sqft to 1,927 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom1,335 sqft to 1,744 sqftS$3.00M
2-bedroom1,313 sqftS$2.35M
3-bedroom1,690 sqft to 2,508 sqftS$2.92M · S$1,753 psf
4-bedroom2,121 sqft to 3,165 sqftS$3.71M · S$1,750 psf

Check the Floor Plan Finder for The Azure →

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

3

What is the price and PSF at The Azure?

Key Takeaway

Units have recently transacted around S$2.96M (S$1,728 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$2.96M

recent · 247 sales on record

Median PSF

S$1,728 psf

recent transactions

Median rent (monthly)

S$7,347

757 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$1,750 psf.

Source: URA caveat data, through Jul 2026.

4

What has recently sold at The Azure?

Key Takeaway

The Azure has 247 recorded sales; the most recent transacted at S$2,780,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$2,780,0001,668S$1,666 psf
Jan 2026S$3,000,0001,711S$1,753 psf
Sept 2025S$2,820,0001,927S$1,464 psf
Apr 2025S$2,900,0001,711S$1,694 psf
Mar 2025S$3,050,0001,765S$1,728 psf
Feb 2025S$2,700,0001,927S$1,401 psf
Jan 2024S$5,200,0003,165S$1,643 psf
Aug 2023S$4,200,0002,271S$1,849 psf
Jul 2023S$3,000,0001,711S$1,753 psf
Mar 2023S$2,500,0001,335S$1,873 psf
Jul 2022S$2,958,0001,668S$1,773 psf
Jul 2022S$3,480,0001,927S$1,806 psf

247 sales and 757 rentals on record since Sept 2005. Source: URA.

5

Are prices at The Azure rising?

Key Takeaway

The median transacted PSF at The Azure has fallen 6% over the past 12 years (20142026), from S$1,768 psf to S$1,666 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,666 psfS$2.78M2+13.8%
2025S$1,464 psfS$2.82M4-20.8%
2023S$1,849 psfS$3.00M3+4.3%
2022S$1,773 psfS$3.03M3+29.3%
2021S$1,371 psfS$2.38M7+3.3%
2020S$1,327 psfS$2.30M5-11.4%
2018S$1,498 psfS$2.50M3+4.7%
2017S$1,431 psfS$2.60M5-0.5%
2016S$1,438 psfS$2.50M4-18.7%
2014S$1,768 psfS$2.95M4

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

6

Is The Azure a good investment?

Key Takeaway

Of 120 units at The Azure that were bought and later resold (bought from 2005, resold up to 2026), 75% sold for more than they were bought for, with a median gain of 31% over a median 3.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

75%

of 120 resales here

Median gain

31%

gross, before costs

Median hold

3.2 years

bought to resold

Every unit at The Azure 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 The Azure and what's nearby?

Key Takeaway

The Azure is located in Southern Islands, in the Central Region of Singapore.

The Azure is a 99-year condominium completed in 2008. It was developed by CPL VIEW PTE LTD. The development has 116 residential units. It sits on a land area of 10,928 sqm and has a gross floor area of 21,200 sqm. The plot ratio is 1.94.

THE AZURE is located at 201 Ocean Drive, Singapore 098583. It is part of District 04, Telok Blangah / Harbourfront, Southern Islands. The project falls within the Central Region and the CCR market segment.

Nearby amenities include COLD STORAGE SINGAPORE (1983) PTE LTD for groceries. Facilities in the development include Basement car park, Clubhouse, Fitness corner, Gymnasium room, Lap pool, and Multi-purpose hall.

8

Who built The Azure and how big is the development?

Key Takeaway

The Azure was developed by CPL VIEW PTE LTD, designed by ADDP ARCHITECTS, with 116 units over up to 6 storeys.

Developer
CPL VIEW PTE LTD
Architect
ADDP ARCHITECTS
Main contractor
CHINA CONSTRUCTION (SOUTH PACIFIC) DEVELOPMENT CO PTE LTD
Floors
6 storeys
Blocks
2
Land area
10,928 sqm (117,628 sqft)
Gross floor area
21,200 sqm (228,195 sqft)
Plot ratio
1.94
9

What facilities does The Azure have?

Key Takeaway

The Azure has 10 facilities, including Basement car park, Clubhouse, Fitness corner, Gymnasium room, and more.

Basement car parkClubhouseFitness cornerGymnasium roomLap poolMulti-purpose hallPlaygroundReflexology Path24 hours securitySpa pool
10

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

Key Takeaway

Buying a unit at The Azure (~S$2.96M) needs about S$21,653/mo in income and S$9,962/mo in repayments, after S$117,500 stamp duty and a S$740k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.96M) 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$117,500

BSD, tiered

Downpayment (25%)

S$740k

cash + CPF

Monthly instalment

S$9,962/mo

30y @ 3.5%

Income required

S$21,653/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around The Azure?

Key Takeaway

4,210 CEA-registered agents closed at least one recorded deal in District 4 — where The Azure sits — in the last 12 months, across all property types.

Active agents · 12mo

4,210

District 4 · closed ≥1 deal

Deals on record

18,866

all-time · all property types

Source: CEA public transaction records, attributed to District 4 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 Azure? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about The Azure

Is The Azure freehold?

No. The Azure is on a 99-year lease that started in 2005, with about 78 years left.

How old is The Azure?

The Azure was completed (obtained TOP) in 2008, so it is about 18 years old.

Is The Azure a good investment?

Of 120 units at The Azure that were bought and later resold (bought from 2005, resold up to 2026), 75% sold for more than they were bought for, with a median gain of 31% over a median 3.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Past resale results don't predict future returns, and this is not financial advice.

Is The Azure an EC?

No. The Azure is a private condominium, not an executive condominium (EC).

Who is the developer of The Azure?

The Azure was developed by CPL VIEW PTE LTD.

What is the price of a condo at The Azure?

Units at The Azure have recently sold for around S$2.96M (S$1,728 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 88 units are listed for sale from S$2.35M to S$5.49M.

Where is The Azure located?

The Azure is at 201 Ocean Drive, Singapore 098583, in Southern Islands (District 4).

How many units are there in The Azure?

The Azure has 116 units in 2 blocks, up to 6 storeys high.

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

For a unit around S$2.96M as a first home, you'd need roughly S$21,653/mo in income (assessed at the stress-test rate), with repayments near S$9,962/mo after a S$740k (25%) downpayment and S$117,500 Buyer's Stamp Duty.

Are prices at The Azure going up?

The median price per square foot at The Azure has fallen about 6% between 2014 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.