Margate Point rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 2 Margate Road Margate Point Singapore 438042
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Apartment, Non-Landed Properties 17 transactions Freehold Latest records Jun 2026
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Quick summary about Margate Point
Margate Point is a freehold apartment in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 14 rentals and 3 sales.
- Typical rent is $3,875 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,400,000, with median sale PSF at $1,874 psf and total recorded sale value of $7.2M.
- Rent is down 14.1% over the last 3 months. Sale PSF is flat over the last 3 months.
Margate Point Market Position
How this project compares with the wider D15 market before you read the detailed tables.
Rent vs D15 -11.9%
Rents near district median
Margate Point's median rent is $3,875 compared with the D15 median of $4,400. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D15 -13.9%
Sale PSF below district median
Margate Point's median sale PSF is $1,874 psf versus the D15 median of $2,176 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 1.94%
Rent support below district screen
Gross yield is roughly 1.94% versus a D15 screen of 2.36%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 53.5% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -12.5%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Margate Point against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Margate Point Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,875
Is the asking rent fair?
$3,700 to $4,050 is the first fair-rent band to check. Above $4,050 should have a visible reason.
Median sale PSF $1,874 psf
Is the purchase price fair?
$2,330,000 to $2,470,000 and $1,820 to $1,930 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $3,875
Are similar units renting for more?
3 bed and 1,200 to 1,300 sqft give the closest unit-size checks.
Rent stability 53.5% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -12.5%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Margate Point numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,875/mo Test gross and net yield against typical rent. Buy vs rent $2.4M Compare ownership cost against renting. Mortgage $2.4M Estimate monthly payment from the sale price. Stamp duty $1,874 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Margate Point Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 3 resale transactions
Total sold value $7.2M
Margate Point Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 14 Jun 2021 to May 2024
Sale transactions 3 Feb 2024 to Mar 2025
Rent trend -14.1% Last 3 months
Sale PSF trend 0.0% Last 3 months
Margate Point Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
KATONG PARK MRT STATION (TE24) 0.36 km away
MOUNTBATTEN MRT STATION 0.95 km away
DAKOTA MRT STATION 0.96 km away
Schools nearby
ETONHOUSE INTERNATIONAL RESEARCH PRE-SCHOOL 0.24 km away
BRIGHTON MONTESSORI INTERNATIONAL PRE-SCHOOL @ FORT 0.34 km away
ETONHOUSE BROADRICK INTERNATIONAL SCHOOL & PRE-SCHOOL 0.67 km away
ETONHOUSE INTERNATIONAL SCHOOL (BROADRICK) 0.67 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 0.99 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 5.46 km away
GEYLANG PARK CONNECTOR Park / green link · 1.11 km away
JALAN BATU HAWKER CENTRE Food centre · 0.61 km away
Margate Point Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,050 14 rentals in view
Latest median sale PSF $1,991 psf 3 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Mar 2025 0 - 1 $1,991 psf $2,550,000
Aug 2024 0 - 1 $1,874 psf $2,400,000
May 2024 2 $4,050 0 - -
Feb 2024 0 - 1 $1,764 psf $2,260,000
Dec 2023 1 $3,800 0 - -
Jan 2023 1 $3,950 0 - -
Dec 2022 1 $4,600 0 - -
Oct 2022 2 $3,800 0 - -
Aug 2022 1 $5,400 0 - -
Jun 2022 1 $4,000 0 - -
May 2022 2 $3,925 0 - -
Mar 2022 1 $3,300 0 - -
Projects Similar to Margate Point
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Katong Regency 1.7 km away 644 transactions
- Median rent
- $3,600
- Median sale PSF
- $1,879 psf
- Median rent
- $3,800
- Median sale PSF
- $1,887 psf
- Median rent
- $4,000
- Median sale PSF
- $1,671 psf
- Median rent
- $3,500
- Median sale PSF
- $1,814 psf
- Median rent
- $3,900
- Median sale PSF
- $1,837 psf
- Median rent
- $3,900
- Median sale PSF
- $2,224 psf
Margate Point Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
3 bed $3,875 $3,957 14
Margate Point Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
1,200 to 1,300 sqft $3,875 $3,957 14
Margate Point Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,475,000 $1,933 psf 2
06 to 10 $2,260,000 $1,764 psf 1
Margate Point Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Margate Point shows a typical monthly rent of $3,875 across 14 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,875
Rentals 14
Rent signal Thin
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Margate Point point to a typical sale price of $2,400,000 and $1,874 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,400,000
Median PSF $1,874 psf
Sale signal Thin
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Margate Point has 3 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $7.2M
Latest record Mar 2025
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D15 to compare Margate Point against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Margate Point FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Margate Point?
Margate Point has a median monthly rent of $3,875 across 14 rentals.
What is the typical sale price at Margate Point?
The median sale price for Margate Point is $2,400,000, based on 3 sales on this page.
What is the median sale PSF at Margate Point?
The median sale price per square foot for Margate Point is $1,874 psf. The average sale PSF is $1,876 psf.
Is Margate Point freehold or leasehold?
Margate Point is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Margate Point located?
Margate Point is located at 2 Margate Road Margate Point Singapore 438042 in D15 / Katong, Joo Chiat, Amber Road.
How current is the Margate Point transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.