Straits Residences rent and sale price
D15 / Katong, Joo Chiat, Amber Road
Address 156 Joo Chiat Place Straits Residences Singapore 427884
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Apartment, Non-Landed Properties 50 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about Straits Residences
Straits Residences is a freehold apartment in D15 / Katong, Joo Chiat, Amber Road. The page currently tracks 43 rentals and 7 sales.
- Typical rent is $2,600 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $728,000, with median sale PSF at $1,551 psf and total recorded sale value of $5.6M.
- Rent is down 10.0% over the last 3 months. Sale PSF is up 9.9% over the last 3 months.
Straits Residences Market Position
How this project compares with the wider D15 market before you read the detailed tables.
Rent vs D15 -40.9%
Rents below district median
Straits Residences's median rent is $2,600 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 -28.7%
Sale PSF below district median
Straits Residences's median sale PSF is $1,551 psf versus the D15 median of $2,176 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 4.29%
Rent support above district screen
Gross yield is roughly 4.29% versus a D15 screen of 2.36%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 39.8% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -45.5%
Activity is lighter
6 recent transactions versus 11 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Straits Residences against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Straits Residences Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $2,600
Is the asking rent fair?
$2,450 to $2,750 is the first fair-rent band to check. Above $2,750 should have a visible reason.
Median sale PSF $1,551 psf
Is the purchase price fair?
$710,000 to $750,000 and $1,500 to $1,600 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $2,800
Are similar units renting for more?
2 bed and 500 to 600 sqft give the closest unit-size checks.
Rent stability 39.8% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -45.5%
Is activity rising?
Activity is lighter. 6 recent transactions versus 11 in the prior 6-month view.
Run Straits Residences numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $2,600/mo Test gross and net yield against typical rent. Buy vs rent $728.0K Compare ownership cost against renting. Mortgage $728.0K Estimate monthly payment from the sale price. Stamp duty $1,551 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Straits Residences Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 7 resale transactions
Total sold value $5.6M
Straits Residences Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 43 Jun 2021 to May 2026
Sale transactions 7 Oct 2021 to Dec 2024
Rent trend -10.0% Last 3 months
Sale PSF trend 9.9% Last 3 months
Straits 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
EUNOS MRT STATION (EW7) 0.71 km away
MARINE PARADE MRT STATION (TE26) 1.22 km away
KEMBANGAN MRT STATION (EW6) 1.25 km away
Schools nearby
EIS INTERNATIONAL PRE-SCHOOL (BRANCH 1) 0.91 km away
TANJONG KATONG SECONDARY SCHOOL 0.97 km away
TANJONG KATONG PRIMARY SCHOOL 1.04 km away
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG CAMPUS) 1.36 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 2.16 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 5.62 km away
SIMS AVENUE PARK CONNECTOR Park / green link · 0.62 km away
MARKET & HAWKER CENTRE (BLK 4A EUNOS CRESCENT) Food centre · 0.75 km away
Straits Residences Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $2,800 24 rentals in view
Latest median sale PSF $1,852 psf 1 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 1 $2,800 0 - -
Jan 2026 1 $2,700 0 - -
Dec 2025 1 $2,500 0 - -
Oct 2025 1 $3,000 0 - -
Sept 2025 1 $2,500 0 - -
May 2025 1 $3,600 0 - -
Apr 2025 1 $2,780 0 - -
Mar 2025 2 $2,750 0 - -
Jan 2025 2 $2,600 0 - -
Dec 2024 2 $2,700 1 $1,852 psf $638,000
Nov 2024 1 $3,100 0 - -
Oct 2024 2 $2,900 0 - -
Projects Similar to Straits Residences
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Parc Elegance 0.7 km away 328 transactions
- Median rent
- $2,550
- Median sale PSF
- $1,515 psf
- Median rent
- $2,600
- Median sale PSF
- $1,508 psf
- Median rent
- $2,550
- Median sale PSF
- $1,636 psf
- Median rent
- $2,700
- Median sale PSF
- $1,495 psf
- Median rent
- $2,600
- Median sale PSF
- $1,605 psf
- Median rent
- $2,500
- Median sale PSF
- $1,639 psf
Straits Residences Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,500 $2,473 19
2 bed $2,800 $2,717 23
3 bed $2,400 $2,400 1
Straits Residences Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $2,450 $2,318 16
500 to 600 sqft $2,800 $2,752 25
800 to 900 sqft $2,400 $2,400 1
1,000 to 1,100 sqft $3,600 $3,600 1
Straits Residences Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $728,000 $1,551 psf 7
Straits 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
Straits Residences shows a typical monthly rent of $2,600 across 43 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $2,600
Rentals 43
Rent signal Moderate
- 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 Straits Residences point to a typical sale price of $728,000 and $1,551 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $728,000
Median PSF $1,551 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. Straits Residences has 7 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $5.6M
Latest record May 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.
District context
Use D15 to compare Straits 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.
Straits Residences FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Straits Residences?
Straits Residences has a median monthly rent of $2,600 across 43 rentals.
What is the typical sale price at Straits Residences?
The median sale price for Straits Residences is $728,000, based on 7 sales on this page.
What is the median sale PSF at Straits Residences?
The median sale price per square foot for Straits Residences is $1,551 psf. The average sale PSF is $1,557 psf.
Is Straits Residences freehold or leasehold?
Straits Residences is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Straits Residences located?
Straits Residences is located at 156 Joo Chiat Place Straits Residences Singapore 427884 in D15 / Katong, Joo Chiat, Amber Road.
How current is the Straits 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.