SANTA FE MANSIONS

MARGATE ROAD
RESALE CONDODistrict 15
Katong Park MRT · 5 min walk (399m)RCRFreehold
Total Units
46
2Y PSF Change
+13.6%
2 txns in 24m
vs District
+4%
D15 median: $1,689
Median PSF
1,593
11.9% QoQ
Total Sales
7
since 2021-03
Price Range
$1.5M$2.1M
all-time
Unit Size
1,089 sqft
Floors 111
PSF MOVEMENT ALERT — 2025-Q3
Median PSF rose 11.9% quarter-on-quarter (from $1,575 in 2022-Q4 to $1,763 in 2025-Q3). Only 2 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

SANTA FE MANSIONS commands $1,763 PSF -- 4% above what District 15 typically fetches ($1,689 PSF). Katong Park MRT sits just 399m away (5-min walk), a clear connectivity win. Against MEYER BLUE at $3,205 PSF, the 45% discount is worth examining closely.

Prices are up 13.6% over two years, reflecting genuine buyer interest without bubble-level exuberance. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, TEMBUSU GRAND has lost 1.7% over the same period.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 46-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.

Nearby Comparables

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

PSF Trend

Quarterly
1,389
2021-Q1
1,533
2021-Q3
1,533
2022-Q3
1,575
2022-Q4
1,763
2025-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Sep 2025
DatePriceSizePSFFloor
Sep 2025$2,100,0001,163 sqft$1,80601-05
Aug 2025$1,850,0001,076 sqft$1,71901-05
Oct 2022$1,720,0001,076 sqft$1,59811-15
Oct 2022$1,670,0001,076 sqft$1,55106-10
Aug 2022$1,650,0001,076 sqft$1,53306-10
Sep 2021$1,650,0001,076 sqft$1,53311-15
Mar 2021$1,495,0001,076 sqft$1,38906-10
Showing 7 of 7 transactions

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