RICCHEZZA

LORONG M TELOK KURAU
RESALE CONDODistrict 15
Marine Terrace MRT · 6 min walk (511m)OCRFreehold
Total Units
16
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,302
11.0% QoQ
Total Sales
4
since 2021-03
Price Range
$1.2M$1.6M
all-time
Unit Size
1,052 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q1
Median PSF fell 11.0% quarter-on-quarter (from $1,392 in 2022-Q2 to $1,239 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

RICCHEZZA is a boutique Freehold development with 16 units on LORONG M TELOK KURAU in District 15 (Outside Central Region). Marine Terrace MRT is an easy 6-minute walk, offering reasonable MRT access. No recent resale transactions are available, but the District 15 median sits at $1,689 PSF for context.

Transaction data is thin, making direct pricing hard to pin down. The closest comparable is TEMBUSU GRAND at $2,419 PSF. GRAND DUNMAN at $2,533 PSF provides another reference point in the vicinity. The broader District 15 trades at a median of $1,689 PSF.

The freehold title provides long-run capital protection, a structural edge in land-scarce Singapore. Another nearby benchmark is EMERALD OF KATONG at $2,628 PSF.

The lack of recent transactions makes pricing opaque — buyers should insist on a professional valuation and approach with caution, as thin liquidity can work both for and against you at exit.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
TEMBUSU GRAND$2,419-1.7%
GRAND DUNMAN$2,533+0.4%
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,337
2021-Q1
1,239
2021-Q2
1,392
2022-Q2
1,239
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Jan 2024
DatePriceSizePSFFloor
Jan 2024$1,560,0001,259 sqft$1,23901-05
May 2022$1,438,8881,033 sqft$1,39201-05
Apr 2021$1,280,0001,033 sqft$1,23901-05
Mar 2021$1,180,000883 sqft$1,33701-05
Showing 4 of 4 transactions

Location

Open in full map

Own a unit here?

Get an instant valuation based on real transaction data for your floor and unit size.

🏠
Check Your Value
Floor-adjusted valuation based on $1,302 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map