FreeholdRCRDistrict 15 (Marine Parade)

The Red House

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

The Red House is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 2016, with 42 units across 1 block. Across 43 transactions on record, units have recently transacted around S$1.03M (S$1,439 psf, ~764 sqft). There are 5 units for sale from S$850k to S$1.45M.

Key facts about The Red House
TenureFreehold
TOP year2016
DeveloperWAREES INVESTMENTS PTE LTD
Units42 in 1 block
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTMarine Parade MRT, 353 m (~6 min walk)
Latest median psfS$1,439 psf, last 12 URA caveats to Jan 2026
1

What's for sale and for rent at The Red House?

Key Takeaway

The Red House has 5 units listed for sale, asking S$850k to S$1.45M, and 22 units for rent at a median of S$5,900 a month.

For sale

5 listings

S$850k – S$1.45M

For rent

22 listings

S$3,900 – S$6,000 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom4S$850k–S$1.15M
2-bedroom1S$1.45M–S$1.45M

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

2

What are the floor plans and unit sizes at The Red House?

Key Takeaway

Floor plans for The Red House aren't in PropKaki's library yet. Across 43 URA caveats, units range from 441 sqft to 1,173 sqft, and the middle half are 484 sqft to 753 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom441 sqft to 764 sqftS$850k
2-bedroom721 sqftS$1.45M

Check the Floor Plan Finder for The Red House →

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

3

What is the price and PSF at The Red House?

Key Takeaway

Units have recently transacted around S$1.03M (S$1,439 psf), at a gross rental yield of about 2.8% (URA caveat data).

Recent median price

S$1.03M

recent · 43 sales on record

Median PSF

S$1,439 psf

recent transactions

Median rent (monthly)

S$2,449

212 rentals on record

Gross rental yield

2.8%

indicative, gross

Source: URA caveat data, through Jan 2026.

4

What has recently sold at The Red House?

Key Takeaway

The Red House has 43 recorded sales; the most recent transacted at S$1,410,000 in Jan 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jan 2026S$1,410,000958S$1,472 psf
Aug 2025S$1,100,000764S$1,439 psf
Jun 2025S$785,000474S$1,657 psf
Feb 2025S$1,300,000872S$1,491 psf
Feb 2025S$1,250,000753S$1,659 psf
Feb 2025S$972,000710S$1,368 psf
Dec 2024S$1,350,000915S$1,476 psf
Nov 2024S$1,730,0001,173S$1,475 psf
Nov 2024S$1,035,000764S$1,354 psf
Nov 2024S$999,000732S$1,365 psf
Nov 2024S$1,035,000764S$1,354 psf
Nov 2024S$846,000646S$1,310 psf

43 sales and 212 rentals on record since Jul 2013. Source: URA.

5

Are prices at The Red House rising?

Key Takeaway

The median transacted PSF at The Red House has fallen 9% over the past 12 years (20132025), from S$1,643 psf to S$1,491 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,491 psfS$1.10M5+9.2%
2024S$1,365 psfS$1.03M8+8.9%
2022S$1,253 psfS$1.16M2-13.1%
2021S$1,442 psfS$690k2-0.8%
2019S$1,453 psfS$1.06M2+0.3%
2018S$1,448 psfS$1.05M2-2.4%
2017S$1,484 psfS$750k2+2.4%
2014S$1,449 psfS$702k6-11.8%
2013S$1,643 psfS$782k10

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

6

Is The Red House a good investment?

Key Takeaway

Of 10 units at The Red House that were bought and later resold (bought from 2013, resold up to 2026), 80% sold for more than they were bought for, with a median gain of 7% over a median 5.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

80%

of 10 resales here

Median gain

7%

gross, before costs

Median hold

5.3 years

bought to resold

Every unit at The Red House 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 Red House and what's nearby?

Key Takeaway

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

The Red House is a freehold apartment completed in 2016. It was developed by WAREES INVESTMENTS PTE LTD. The development has 42 residential units. It sits on a land area of 1,583 sqm and has a gross floor area of 4,084 sqm. The plot ratio is 2.58.

THE RED HOUSE is located at 63 East Coast Road, Singapore 428776. 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 Marine Parade MRT, approximately 353m away, around 6 minutes on foot. Nearby amenities include i12 Katong for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 84 Marine Parade Central for food options, and Haig Walk (Geylang Rd-Dunman Rd) for greenery and recreation. Facilities in the development include Basement car park, Drop Off Point, Lift lobby, Main entrance, and 24 hours security.

8

How far is The Red House from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Red House is Marine Parade MRT, about 353 m away (~6 min walk). 6 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

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

  • Tanjong Katong Primary SchoolPrimary schoolwithin 1 km · P1 priority373 m
  • Haig Girls' SchoolPrimary schoolwithin 1 km · P1 priority728 m
  • Tanjong Katong Secondary SchoolSecondary schoolwithin 1 km790 m
  • Chij (Katong) PrimaryPrimary schoolwithin 1 km · P1 priority853 m
  • Tao Nan SchoolPrimary schoolwithin 1 km · P1 priority894 m
  • Tanjong Katong Girls' SchoolSecondary schoolwithin 1 km909 m
  • Chung Cheng High School (Main)Secondary school1.3 km
  • Chij Katong ConventSecondary school1.5 km

Shops, food & parks

Mall: i12 Katong · 173 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 173 mHawker centre: Blk 84 Marine Parade Central · 469 mPark: Haig Walk (Geylang Rd-Dunman Rd) · 331 m

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

9

Who built The Red House and how big is the development?

Key Takeaway

The Red House was developed by WAREES INVESTMENTS PTE LTD, designed by S H LIM ARCHITECTS PTE LTD, with 42 units over up to 5 storeys.

Developer
WAREES INVESTMENTS PTE LTD
Architect
S H LIM ARCHITECTS PTE LTD
Main contractor
TOKYU CONSTRUCTION CO., LTD
Floors
5 storeys
Blocks
1
Land area
1,583 sqm (17,039 sqft)
Gross floor area
4,084 sqm (43,960 sqft)
Plot ratio
2.58
10

What facilities does The Red House have?

Key Takeaway

The Red House has 5 facilities, including Basement car park, Drop Off Point, Lift lobby, Main entrance, and more.

Basement car parkDrop Off PointLift lobbyMain entrance24 hours security
11

What does it cost to own a unit at The Red House?

Key Takeaway

Buying a unit at The Red House (~S$1.03M) needs about S$7,577/mo in income and S$3,486/mo in repayments, after S$26,000 stamp duty and a S$259k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.03M) 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$26,000

BSD, tiered

Downpayment (25%)

S$259k

cash + CPF

Monthly instalment

S$3,486/mo

30y @ 3.5%

Income required

S$7,577/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Red House?

Key Takeaway

9,527 CEA-registered agents closed at least one recorded deal in District 15 — where The Red House 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 Red House? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about The Red House

Is The Red House freehold?

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

How old is The Red House?

The Red House was completed (obtained TOP) in 2016, so it is about 10 years old.

Is The Red House a good investment?

Of 10 units at The Red House that were bought and later resold (bought from 2013, resold up to 2026), 80% sold for more than they were bought for, with a median gain of 7% over a median 5.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Past resale results don't predict future returns, and this is not financial advice.

Is The Red House an EC?

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

Who is the developer of The Red House?

The Red House was developed by WAREES INVESTMENTS PTE LTD.

What is the price of a condo at The Red House?

Units at The Red House have recently sold for around S$1.03M (S$1,439 psf), the median of the last 12 URA caveats to Jan 2026. The price depends on size, floor and facing. 5 units are listed for sale from S$850k to S$1.45M.

Where is The Red House located?

The Red House is at 63 East Coast Road, Singapore 428776, in Marine Parade (District 15). The nearest MRT station is Marine Parade MRT, about 353 m away.

How many units are there in The Red House?

The Red House has 42 units in 1 block, up to 5 storeys high.

How much do I need to earn to buy at The Red House?

For a unit around S$1.03M as a first home, you'd need roughly S$7,577/mo in income (assessed at the stress-test rate), with repayments near S$3,486/mo after a S$259k (25%) downpayment and S$26,000 Buyer's Stamp Duty.

Are prices at The Red House going up?

The median price per square foot at The Red House has fallen about 9% between 2013 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Red House?

Tanjong Katong Primary School, Haig Girls' School, Chij (Katong) Primary, Tao Nan School are within 1 km of The Red House. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.