De Centurion price trends show a mature, tightly-held freehold apartment with prices consolidating around the mid–to–high S$1,700–S$2,100 psf range and a rental yield of about 3.5%–3.8%, making it a niche but resilient District 15 (East Coast / Marine Parade) investment option for buyers who value Tanjong Rhu’s waterfront lifestyle and upcoming MRT connectivity.[1]
This cluster article focuses on De Centurion Price Trends and Market Analysis, and is designed to complement Homejourney’s main project overview for De Centurion and our broader East Coast / Marine Parade condo investment pillar. For a full breakdown of unit types, facilities, and liveability, you can refer to the main De Centurion guide and related piece: De Centurion in D15: Unit Types, Prices, Pros & Cons | Homejourney .
De Centurion at a Glance: Key Project Snapshot
From walking the Tanjong Rhu stretch over the years, De Centurion has always stood out as a compact, low-density block opposite Singapore Swimming Club and beside Dunman High School’s campus, with most residents being owner-occupiers who have stayed long-term.
Key details:
- Development name: De Centurion[2][3]
- Developer: Target Home Pte Ltd (local private developer)[2][5]
- Address: 6A Tanjong Rhu Road, Singapore 436884[3][5]
- District: D15 – East Coast / Marine Parade (Kallang / Tanjong Rhu enclave)[3][5]
- Tenure: Freehold[2][3][5]
- TOP / Completion: 2010[2][3][5]
- Project type: Apartment / Condo
- Total units: 42 units in a single 16-storey block[2][3][5]
Unit mix (based on available sources and on-ground observations):
- 1-bedroom and 1+study: around 570–700 sq ft[3]
- 2-bedroom: around 700–1,000+ sq ft[3]
- 3-bedroom: up to around 1,200–1,400 sq ft
- Penthouse: larger duplex units, up to about 2,000+ sq ft[3]
Because of the small stack count and freehold status, units here are rarely listed. To see what is currently available, you can browse available units at De Centurion via Property Search or directly: https://www.homejourney.sg/search?q=De%20Centurion.
Historical Price Trends at De Centurion
According to transaction data based on URA caveats, De Centurion’s historical PSF range stretches from below S$1,000 psf in the post-GFC years to just under S$2,000 psf in recent transactions.[1]
1. Long-Term PSF Range
- Lowest recorded price: around S$929 psf for a 775 sq ft unit in March 2009.[1]
- Highest recorded price: about S$1,935 psf for a 775 sq ft unit in May 2024.[1]
- Recent 12-month average: around S$1,718 psf based on the most recent transaction band.[1]
On the ground, asking prices in late 2025 to early 2026 for 1- and 2-bedroom units are generally in the ballpark of S$1.18M–S$2.1M depending on size, facing, and floor, which lines up with an indicative PSF range of roughly S$1,700–S$2,100 psf for typical units (with penthouses sometimes transacting differently, depending on condition and layout).[1][3]
Disclaimer: These are indicative guide ranges only, based on URA-reported transactions, public records and market observations. For up-to-date, unit-specific pricing, always verify via URA caveats and consult a licensed salesperson. Homejourney cross-checks data with URA and developer submissions wherever possible but does not guarantee future prices.
2. Price Movement by Cycle
From observing the Tanjong Rhu micro-market and URA price indices for non-landed freehold properties in the Rest of Central Region (RCR), De Centurion’s price trajectory broadly follows three phases:
- 2009–2013: Recovery and early upswing
Units moving from sub-S$1,000 psf into the S$1,200–S$1,400 psf band as the post-GFC recovery took hold and Tanjong Rhu’s lifestyle appeal grew, especially with Sports Hub planning and Kallang Riverside improvements. - 2014–2019: Consolidation
Prices largely stabilised, with moderate growth in line with URA’s RCR condo index, but transaction volume remained low due to small project size and tightly held units. - 2020–2024: Pandemic volatility then breakout
After an initial lull, low interest rates and strong demand for city-fringe freehold boosted prices, culminating in transactions near S$1,900+ psf by 2024.[1]
Compared to many older freehold apartments nearby, De Centurion’s design (completed 2010) and small-unit mix make it more responsive to investor demand in strong cycles, especially for 1- and 2-bedroom layouts that are easier to rent out.
Current Price Levels vs Nearby Developments
When I walk the Tanjong Rhu stretch from Costa Rhu down to De Centurion on weekend mornings, you can feel the contrast between the large 1990s waterfront condos and the newer, more compact blocks like De Centurion and its peers along the Kallang River corridor.
Based on recent URA-based pricing for comparable freehold or long-lease condos within around 1–1.5km, De Centurion typically sits in the mid-range band:
- Older, larger 1990s waterfront developments: often lower PSF but higher absolute quantum due to bigger units.
- Newer or brand-new East Coast / Marine Parade launches: can exceed S$2,3xx–S$2,6xx psf or higher, especially those closer to East Coast Park and upcoming Thomson–East Coast Line (TEL) stations.Straits Times Housing News
- De Centurion: typically around S$1,700–S$2,100 psf, offering city-fringe convenience with a smaller-ticket entry point, especially for 1- and 2-bedroom units.[1]
For a clearer picture, Homejourney’s Projects Directory and De Centurion’s dedicated project page Projects (https://www.homejourney.sg/projects/private-8604) aggregate URA data and nearby comparables in one place, so you can see price and PSF trends side-by-side.
Rental Market and Yield at De Centurion
De Centurion has consistently attracted tenants who work in the CBD, Marina Bay, and the Kallang–Paya Lebar corridor because of its central yet serene location. From URA-derived rental statistics, the development posts an approximate rental yield of about 3.7%, on par with many RCR condos.[1]
1. Rental Levels and Contracts
Based on URA rental data summarised for the project:[1]
- Average rents for smaller units (around 500–800 sq ft) are generally in the mid-S$3,000s per month, varying by condition and furnishing.
- Estimated rental yield: about 3.5%–3.8%, depending on your entry price.[1]
- Tenant pool includes expats and local professionals who prioritise quick CBD access and proximity to Sports Hub, Marina Bay and city-fringe offices.
Exact yields will depend on your purchase price and actual achieved rent. You can stress-test your potential returns with Homejourney’s financing and yield tools, and then calculate your monthly payments via Bank Rates (https://www.homejourney.sg/bank-rates).
2. Rental Demand Drivers
From a local’s perspective, three things make De Centurion attractive to tenants:
- Short commute: In light traffic, it’s about a 10–12 minute drive to Raffles Place or Marina Bay via Nicoll Highway or ECP. During peak hours, buses along Mountbatten Road and the MRT do most of the heavy lifting.
