Ola Residences

Condominium · in Marine Parade, District 15, Singapore · Freehold · Completed 2011

Data through 19 August 2026

Ola Residences site plan and project gallery

Site plan of Ola Residences in Singapore

Site plan is shown first when available. Scroll to view more project images.

Intro: OLA Residences offers an intimate, freehold living experience in District 15 that puts you within a five-minute walk of Tanjong Katong MRT station 🚆.
Good to know: Located within walking distance of Tanjong Katong Primary School 🏫; Features a low-rise, exclusive feel with a maximum of five storeys 🏡.
Practical note: As a boutique development with 50 units, the facility variety is more streamlined than larger mega-condos, which may suit those who prefer a quieter, lower-density home environment.

D15RCRCentralMarine Parade

REALSCOREⓘ

Profitability rank across Singapore

3.1

Annual Returns

Avg annualized profit (past 1y)

3.9%

< 1km

MRT Station

Mega

Development

< 10y

Property Age

Near

$1M+ HDB

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Ola Residences project details

Street

Mountbatten Road

Developer

Mountbatten Development Pte Ltd

Property Type

Condominium

Completion

2011

Total Units

Plot Ratio

1.4

Unit Size

732 - 3,240 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Ola Residences

Tanjong Katong303 m MRTTE25
Marine Parade607 m MRTTE26

See details on nearby stations

Primary schools near Ola Residences

Tanjong Katong Primary School301 m
Haig Girls' School1,000 m

See details on nearby schools

Ola Residences price, PSF and transaction trends

100%

Sold At Launch

28%

HDB Buyers

$184.4M+

Total Transacted

11-08-2008

First Transacted

19-08-2026

Last Transacted

Total Transactions

Ola Residences transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Ola Residences, the median price was S$3,167,000 and the median PSF was S$1,554 psf. The newest record shown is from 19 August 2026. The annual project median was 30.6% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Ola Residences transactions

Date	Sale type	Price	PSF	Size
19 August 2026	Resale	S$4,550,000	S$1,548 psf	2,939 sqft
22 September 2025	Resale	S$4,750,000	S$1,466 psf	3,240 sqft
29 August 2025	Resale	S$4,000,000	S$1,239 psf	3,229 sqft
14 April 2025	Resale	S$4,310,000	S$1,992 psf	2,164 sqft
23 December 2024	Resale	S$4,408,888	S$1,534 psf	2,874 sqft

Ola Residences median transaction PSF (S$)

Ola Residences annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$4,550,000	S$1,548 psf	1
2025	S$4,310,000	S$1,466 psf	3
2024	S$3,684,444	S$1,722 psf	2
2023	S$2,248,000	S$1,559 psf	1
2022	S$1,060,000	S$1,448 psf	1
2021	S$3,034,000	S$1,584 psf	5
2020	S$1,640,000	S$1,473 psf	2
2019	S$1,420,000	S$1,185 psf	4

97.9%

% Profitable

Profitable

Unprofitable

> 6% Annualized

6.2 yrs

Avg Holding

$21.1M

Total Profits

Ola Residences annualized profit %

View full details

Ola Residences rental prices and estimated yield

Past 1 month

$4.44

Avg PSF Rental

No. of Rentals

3.4%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Ola Residences, the median monthly rent was S$4,675, with records ranging from S$3,650 to S$10,500.

Recent Ola Residences rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	2 BR	S$4,700	S$4 psf	1000-1100
1 June 2026	1 BR	S$3,700	S$5 psf	700-800
1 May 2026	3 BR	S$7,150	S$4 psf	1600-1700
1 May 2026	1 BR	S$3,650	S$5 psf	700-800
1 April 2026	3 BR	S$7,500	S$5 psf	1500-1600

Ola Residences rental volume

View full details

Frequently asked questions about Ola Residences

How much do units at Ola Residences cost?

The latest 12 recorded sales show a median price of S$3,167,000 and a median of S$1,554 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Ola Residences?

The latest recorded median monthly rent is S$4,675 and the estimated rental yield based on the past six months is 3.4%. Rental yield is indicative and can vary by unit and costs.

Is Ola Residences freehold or leasehold?

Ola Residences has a tenure of Freehold.

When was Ola Residences completed and who developed it?

Ola Residences was completed in 2011, the developer is Mountbatten Development Pte Ltd, and the project has 50 units.

Which MRT or LRT station is nearest to Ola Residences?

Tanjong Katong is the nearest station shown, at an estimated straight-line distance of 303 metres.

Which primary schools are near Ola Residences?

The primary schools shown within the page’s one-kilometre search are Tanjong Katong Primary School (301 m) and Haig Girls' School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

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 19 August 2026. Figures are indicative and do not constitute financial advice.