FreeholdRCRDistrict 15 (Marine Parade)

The Red House

Reviewed by Nathan TangUpdated 10 August 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 2 units for sale from S$850k to S$1.45M.

1

What are the key facts about The Red House?

Key Takeaway

The Red House is a freehold apartment in District 15 (Marine Parade) that obtained TOP in 2016, with 42 units across 1 block.

Tenure
Freehold
TOP / Completion
2016
Developer
WAREES INVESTMENTS PTE LTD
Total units
42
Blocks
1
District / Area
District 15 (Marine Parade)
Market segment
RCR
Median PSF
S$1,439 psf
Last transacted
Jan 2026
Remaining lease
Freehold
2

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

211 rentals on record

Gross rental yield

2.8%

indicative, gross

Source: URA caveat data, through Jan 2026.

3

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$1,035,000764S$1,354 psf
Nov 2024S$999,000732S$1,365 psf
Nov 2024S$846,000646S$1,310 psf

43 sales and 211 rentals on record since Jul 2013. Source: URA.

4

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.

5

How many property agents are active around The Red House?

Key Takeaway

9,526 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

9,526

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 The Red House?

Key Takeaway

The Red House has 2 units listed for sale, spanning 1–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$850k–S$850k
2-bedroom1S$1.45M–S$1.45M
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

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
9

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.

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

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 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…
12

Frequently asked questions about The Red House

How much does a unit at The Red House cost?

Units at The Red House have recently transacted around S$1.03M (S$1,439 psf), from 43 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 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.

Is The Red House a good investment?

Gross rental yield is about 2.8%; median PSF has fallen about 9% since 2013. 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 The Red House going up?

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

Is The Red House freehold or leasehold?

The Red House is freehold — ownership does not expire.

When was The Red House built and who developed it?

The Red House obtained TOP in 2016, developed by WAREES INVESTMENTS PTE LTD, with 42 units across 1 block.

How many units are for sale at The Red House?

There are 2 units for sale at The Red House, from S$850k to S$1.45M.

What is the nearest MRT to The Red House?

The nearest MRT/LRT station to The Red House is Marine Parade MRT, about 353 m away (~6 min walk).

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 qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp