STRAITS MANSIONS

SEA AVENUE
RESALE CONDODistrict 15
Marine Parade MRT · 5 min walk (368m)RCRFreehold
Total Units
25
2Y PSF Change
+11.7%
2 txns in 24m
vs District
+31%
D15 median: $1,689
Median PSF
2,141
5.3% QoQ
Total Sales
3
since 2022-10
Price Range
$2.5M$3.1M
all-time
Unit Size
1,306 sqft
Floors 11

UrbanLens Analysis

STRAITS MANSIONS commands $2,218 PSF -- 31% above what District 15 typically fetches ($1,689 PSF). Marine Parade MRT sits just 368m away (5-min walk), a clear connectivity win. Against MEYER BLUE at $3,205 PSF, the 31% discount is worth examining closely.

Prices are up 11.7% 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 25-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
1,986
2022-Q4
2,161
2025-Q2
2,275
2025-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Oct 2025
DatePriceSizePSFFloor
Oct 2025$2,840,0001,249 sqft$2,27501-05
Apr 2025$3,070,0001,421 sqft$2,16101-05
Oct 2022$2,480,0001,249 sqft$1,98601-05
Showing 3 of 3 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 $2,141 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map