FreeholdRCRDistrict 15 (Marine Parade)

The Sovereign

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

The Sovereign is a freehold condominium in District 15 (Marine Parade) that obtained TOP in 1993, with 87 units across 1 block. Across 139 transactions on record, units have recently transacted around S$6.50M (S$2,351 psf, ~2,637 sqft). There are 11 units for sale from S$7.00M to S$10.00M.

Key facts about The Sovereign
TenureFreehold
TOP year1993
Developer:X
Units87 in 1 block
District and areaDistrict 15 · Marine Parade · RCR
Nearest MRTTanjong Katong MRT, 538 m (~8 min walk)
Latest median psfS$2,351 psf, last 12 URA caveats to Apr 2026
1

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

Key Takeaway

The Sovereign has 11 units listed for sale, asking S$7.00M to S$10.00M (median S$2,655 psf), and 1 unit for rent at a median of S$15,000 a month.

For sale

11 listings

S$7.00M – S$10.00M

For rent

1 listing

S$15,000 – S$15,000 a month

BedroomsFor saleAsking priceMedian PSF
4-bedroom11S$7.00M–S$10.00MS$2,655 psf

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

2

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

Key Takeaway

Floor plans for The Sovereign aren't in PropKaki's library yet. Across 139 URA caveats, units range from 2,637 sqft to 6,609 sqft, and the middle half are 2,637 sqft to 3,305 sqft.

Unit typeSizes listed for saleAsking from
4-bedroom2,637 sqft to 3,305 sqftS$7.00M · S$2,655 psf

Check the Floor Plan Finder for The Sovereign →

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

3

What is the price and PSF at The Sovereign?

Key Takeaway

Units have recently transacted around S$6.50M (S$2,351 psf), at a gross rental yield of about 1.5% (URA caveat data).

Recent median price

S$6.50M

recent · 139 sales on record

Median PSF

S$2,351 psf

recent transactions

Median rent (monthly)

S$8,000

502 rentals on record

Gross rental yield

1.5%

indicative, gross

Units currently for sale are asking a median of S$2,655 psf — about 13% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

4

What has recently sold at The Sovereign?

Key Takeaway

The Sovereign has 139 recorded sales; the most recent transacted at S$6,800,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$6,800,0002,637S$2,579 psf
Jul 2025S$8,400,0003,305S$2,542 psf
Jul 2025S$6,500,0002,637S$2,465 psf
Jul 2025S$6,150,0002,637S$2,332 psf
May 2025S$7,700,0003,305S$2,330 psf
Oct 2024S$8,600,0003,305S$2,602 psf
Sept 2024S$6,200,0002,637S$2,351 psf
Jun 2024S$8,600,0003,305S$2,602 psf
Nov 2023S$6,500,0002,637S$2,465 psf
Oct 2023S$5,800,0002,637S$2,199 psf
Dec 2021S$5,840,0002,637S$2,214 psf
Apr 2018S$5,000,0002,637S$1,896 psf

139 sales and 502 rentals on record since Oct 1995. Source: URA.

5

Are prices at The Sovereign rising?

Key Takeaway

The median transacted PSF at The Sovereign has risen 64% over the past 15 years (20102025), from S$1,426 psf to S$2,332 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$2,332 psfS$6.50M4-10.4%
2024S$2,602 psfS$8.60M3+18.3%
2023S$2,199 psfS$5.80M2+9.9%
2018S$2,000 psfS$5.28M3+19.9%
2017S$1,668 psfS$4.40M4+24.3%
2016S$1,342 psfS$3.54M3-26.3%
2013S$1,820 psfS$4.80M2+10.1%
2012S$1,653 psfS$4.36M5-10.5%
2011S$1,847 psfS$4.98M9+29.5%
2010S$1,426 psfS$3.77M16

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

6

Is The Sovereign a good investment?

Key Takeaway

Of 63 units at The Sovereign that were bought and later resold (bought from 1996, resold up to 2026), 81% sold for more than they were bought for, with a median gain of 25% over a median 5.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.5%. Units listed now ask about 13% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

81%

of 63 resales here

Median gain

25%

gross, before costs

Median hold

5.1 years

bought to resold

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

Key Takeaway

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

The Sovereign is a freehold condominium completed in 1993. It was developed by :X. The development has 87 residential units. It sits on a land area of 13,370 sqm and has a gross floor area of 37,434 sqm. The plot ratio is 2.8.

THE SOVEREIGN is located at 99 Meyer Road, Singapore 437920. 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 Tanjong Katong MRT, approximately 538m away, around 8 minutes on foot. Nearby amenities include Katong V for shopping, CHEE MIN KUAN, SIMON for groceries, and Meyer Rd Pg for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Playground, Putting Green, 24 hours security, and Squash court.

8

How far is The Sovereign from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Sovereign is Tanjong Katong MRT, about 538 m away (~8 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • Chung Cheng High School (Main)Secondary schoolwithin 1 km971 m
  • Dunman High SchoolMixed-level school1.2 km
  • Tanjong Katong Primary SchoolPrimary school1.2 km
  • Tanjong Katong Girls' SchoolSecondary school1.3 km
  • Broadrick Secondary SchoolSecondary school1.4 km
  • Tanjong Katong Secondary SchoolSecondary school1.4 km
  • Kong Hwa SchoolPrimary school1.7 km

Shops, food & parks

Mall: Katong V · 1.3 kmSupermarket: Chee Min Kuan, Simon · 870 mPark: Meyer Rd Pg · 242 m

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

9

Who built The Sovereign and how big is the development?

Key Takeaway

The Sovereign was developed by :X, with 87 units over up to 30 storeys.

Developer
:X
Floors
30 storeys
Blocks
1
Land area
13,370 sqm (143,913 sqft)
Gross floor area
37,434 sqm (402,936 sqft)
Plot ratio
2.80
10

What facilities does The Sovereign have?

Key Takeaway

The Sovereign has 8 facilities, including Barbeque Area, Covered car park, Playground, Putting Green, and more.

Barbeque AreaCovered car parkPlaygroundPutting Green24 hours securitySquash courtSwimming poolTennis courts
11

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

Key Takeaway

Buying a unit at The Sovereign (~S$6.50M) needs about S$47,582/mo in income and S$21,891/mo in repayments, after S$329,600 stamp duty and a S$1.63M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$6.50M) 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$329,600

BSD, tiered

Downpayment (25%)

S$1.63M

cash + CPF

Monthly instalment

S$21,891/mo

30y @ 3.5%

Income required

S$47,582/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Sovereign?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about The Sovereign

Is The Sovereign freehold?

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

How old is The Sovereign?

The Sovereign was completed (obtained TOP) in 1993, so it is about 33 years old.

Is The Sovereign a good investment?

Of 63 units at The Sovereign that were bought and later resold (bought from 1996, resold up to 2026), 81% sold for more than they were bought for, with a median gain of 25% over a median 5.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.5%. Units listed now ask about 13% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Sovereign an EC?

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

Who is the developer of The Sovereign?

The Sovereign was developed by :X.

What is the price of a condo at The Sovereign?

Units at The Sovereign have recently sold for around S$6.50M (S$2,351 psf), the median of the last 12 URA caveats to Apr 2026. The price depends on size, floor and facing. 11 units are listed for sale from S$7.00M to S$10.00M.

Where is The Sovereign located?

The Sovereign is at 99 Meyer Road, Singapore 437920, in Marine Parade (District 15). The nearest MRT station is Tanjong Katong MRT, about 538 m away.

How many units are there in The Sovereign?

The Sovereign has 87 units in 1 block, up to 30 storeys high.

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

For a unit around S$6.50M as a first home, you'd need roughly S$47,582/mo in income (assessed at the stress-test rate), with repayments near S$21,891/mo after a S$1.63M (25%) downpayment and S$329,600 Buyer's Stamp Duty.

Are prices at The Sovereign going up?

The median price per square foot at The Sovereign has risen about 64% between 2010 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.