16 Margate Road

Terrace House · in Marine Parade, District 15, Singapore · Freehold · Completed 1994

Data through 1 April 2025

Intro: 16 Margate Road is a terrace house located along Margate Road within District 15 with a freehold tenure. It was completed in 1994. So far it has been transacted a total of 2 times, amounting to $4.5M+ in total.

D15RCRCentralMarine Parade

16 Margate Road project details

Street

Margate Road

Property Type

Terrace

Completion

1994

Total Units

-1

Unit Size

1,612 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 16 Margate Road

Katong Park192 m MRTTE24
Tanjong Katong929 m MRTTE25

See details on nearby stations

16 Margate Road price, PSF and transaction trends

HDB Buyers

$4.5M+

Total Transacted

01-01-1995

First Transacted

08-06-2011

Last Transacted

Total Transactions

16 Margate Road transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 16 Margate Road, the median price was S$2,270,000 and the median PSF was S$1,408 psf. The newest record shown is from 8 June 2011. The annual project median was 45.4% higher in 2011 than in 1995; unit mix can affect year-to-year comparisons.

Recent 16 Margate Road transactions

Date	Sale type	Price	PSF	Size
8 June 2011	Resale	S$2,690,000	S$1,668 psf	1,612 sqft
1 January 1995	Sub Sale	S$1,850,000	S$1,147 psf	1,612 sqft

16 Margate Road median transaction PSF (S$)

16 Margate Road annual price trend

Year	Median price	Median PSF	Recorded sales
2011	S$2,690,000	S$1,668 psf	1
1995	S$1,850,000	S$1,147 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

16.4 yrs

Avg Holding

$840,000

Total Profits

16 Margate Road annualized profit %

View full details

16 Margate Road rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for 16 Margate Road, the median monthly rent was S$5,600, with records ranging from S$4,500 to S$9,200.

Recent 16 Margate Road rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 April 2025	—	S$8,300	S$5 psf	1500-2000
1 August 2023	—	S$8,300	S$5 psf	1500-2000
1 December 2022	—	S$9,200	S$5 psf	1500-2000
1 January 2022	—	S$5,800	S$3 psf	1500-2000
1 August 2021	—	S$5,500	S$3 psf	1500-2000

16 Margate Road rental volume

View full details

Frequently asked questions about 16 Margate Road

How much do units at 16 Margate Road cost?

The latest 2 recorded sales show a median price of S$2,270,000 and a median of S$1,408 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 16 Margate Road?

The latest recorded median monthly rent is S$5,600. Rental yield is indicative and can vary by unit and costs.

Is 16 Margate Road freehold or leasehold?

16 Margate Road has a tenure of Freehold.

When was 16 Margate Road completed?

16 Margate Road was completed in 1994.

Which MRT or LRT station is nearest to 16 Margate Road?

Katong Park is the nearest station shown, at an estimated straight-line distance of 192 metres.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 April 2025. Figures are indicative and do not constitute financial advice.