Rent vs D15 -4.2%
Rents near district median
Ola Residences's latest 12-month median rent is $4,600 compared with the D15 median of $4,800 for the same period. Use this district check before narrowing by bedroom and area band.
Ola Residences rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 839 Mountbatten Road Ola Residences Singapore 437831
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Quick summary about Ola Residences
Ola Residences is a freehold condominium in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 56 rentals and 11 sales.
- Latest 12M median rent is $4,600 per month from 11 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $4,750,000, with median sale PSF at $1,466 psf from 1 sales.
- Rent is down 6.5% over the last 3 months. Sale PSF is down 6.0% over the last 3 months.
Ola Residences Market Brief
Compare the project with D15 across rent, sale PSF, tenure and transaction activity.
Compared with D15
Sale PSF vs D15 -36.3%
Sale PSF below district median
Ola Residences's latest 12-month median sale PSF is $1,466 psf versus the D15 median of $2,303 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 1.16%
Rent support below district screen
Gross yield is roughly 1.16% versus a D15 screen of 2.10%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 134.8% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -18.2%
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 Ola Residences against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,600
Is the asking rent fair?
$4,350 to $4,850 is the first fair-rent band to check. Above $4,850 should have a visible reason.
Latest 12M median sale PSF $1,466 psf
Is the purchase price fair?
$4,610,000 to $4,890,000 and $1,420 to $1,510 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $4,300
Are similar units renting for more?
2 bed and 900 to 1,000 sqft give the closest unit-size checks.
Rent stability 134.8% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -18.2%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Ola Residences Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Condominium, Non-Landed Properties
Sales 11 resale transactions
Total sold value $34.2M
Ola Residences Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 56 Jun 2021 to Jun 2026
Sale transactions 11 Jul 2021 to Sept 2025
Rent trend -6.5% Last 3 months
Sale PSF trend -6.0% Last 3 months
Ola Residences 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
TANJONG KATONG MRT STATION (TE25) 0.44 km away
MARINE PARADE MRT STATION (TE26) 0.69 km away
DAKOTA MRT STATION 1.22 km away
Schools nearby
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG CAMPUS) 0.15 km away
TANJONG KATONG PRIMARY SCHOOL 0.29 km away
EIS INTERNATIONAL PRE-SCHOOL (BRANCH 1) 0.46 km away
TANJONG KATONG SECONDARY SCHOOL 0.66 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 1.56 km away
GEYLANG PARK CONNECTOR Park / green link · 1.3 km away
MARKET & HAWKER CENTRE (BLKS 13/14 HAIG ROAD) Food centre · 1.39 km away
Ola Residences Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,700 25 rentals in view
Latest median sale PSF $1,466 psf 5 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 1 $3,700 0 - -
May 2026 3 $4,300 0 - -
Apr 2026 1 $7,500 0 - -
Jan 2026 1 $4,600 0 - -
Oct 2025 1 $4,000 0 - -
Sept 2025 1 $4,650 1 $1,466 psf $4,750,000
Aug 2025 1 $4,450 1 $1,239 psf $4,000,000
Jul 2025 2 $10,000 0 - -
Jun 2025 2 $7,000 0 - -
May 2025 2 $6,400 0 - -
Apr 2025 1 $4,700 1 $1,992 psf $4,310,000
Mar 2025 1 $6,800 0 - -
Projects Similar to Ola Residences
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1982 Mandarin Gardens 2.8 km away 1,211 transactions
- Median rent
- $4,100
- Median sale PSF
- $1,282 psf
- Median rent
- $4,600
- Median sale PSF
- $1,268 psf
- Median rent
- $4,350
- Median sale PSF
- $1,650 psf
- Median rent
- $4,250
- Median sale PSF
- $1,491 psf
- Median rent
- $4,300
- Median sale PSF
- $1,496 psf
- Median rent
- $3,900
- Median sale PSF
- $1,453 psf
Ola Residences Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,650 $3,375 6
2 bed $4,300 $4,160 24
3 bed $7,200 $7,423 20
4 bed $10,500 $10,250 6
Ola Residences Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
700 to 800 sqft $3,650 $3,375 6
900 to 1,000 sqft $3,800 $3,943 15
1,000 to 1,100 sqft $4,800 $4,600 5
1,400 to 1,500 sqft $4,600 $4,900 5
1,500 to 1,600 sqft $6,650 $6,550 4
1,600 to 1,700 sqft $7,175 $6,975 10
1,900 to 2,000 sqft $10,250 $10,250 2
2,800 to 2,900 sqft $9,000 $8,400 3
Ola Residences Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $3,034,000 $1,559 psf 11
Ola Residences 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
Ola Residences shows a latest 12-month median monthly rent of $4,600 across 11 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,600
Rentals in period 11
Rent signal Strong
- 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
Latest 12M sales at Ola Residences show a median price of $4,750,000 and $1,466 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $4,750,000
Latest 12M median PSF $1,466 psf
Sale signal Moderate
- 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. Ola Residences has 11 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $34.2M
Latest record Jun 2026
- 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.
Run Ola Residences numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,600/mo Test gross and net yield against typical rent. Buy vs rent $4.8M Compare ownership cost against renting. Mortgage $4.8M Estimate monthly payment from the sale price. Stamp duty $1,466 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D15 to compare Ola Residences 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.
Ola Residences FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Ola Residences?
Ola Residences has a latest 12-month median monthly rent of $4,600 across 11 rentals in that period.
What is the typical sale price at Ola Residences?
The latest 12-month median sale price for Ola Residences is $4,750,000, based on 1 sales in that period.
What is the median sale PSF at Ola Residences?
The latest 12-month median sale price per square foot for Ola Residences is $1,466 psf. The average for the same period is $1,466 psf.
Is Ola Residences freehold or leasehold?
Ola Residences is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Ola Residences located?
Ola Residences is located at 839 Mountbatten Road Ola Residences Singapore 437831 in D15 / Katong, Joo Chiat, Amber Road.
How current is the Ola Residences 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.