Eastcove Residences Price Trends & Market Analysis | Homejourney
Eastcove Residences at 302 Joo Chiat Place in District 15 features current sale prices around S$1.485 million for available units, with PSF ranging S$1,400–S$1,700 based on recent transactions and market data.
These Eastcove Residences price trends reflect stability in the freehold condo segment amid Singapore's private home prices projected to grow 3-4% in 2026. This cluster article dives into pricing data, historical trends, and investment outlook, linking back to our comprehensive Eastcove Residences project analysis for full details.
Project Overview: Key Facts for Price Context
Eastcove Residences is a boutique freehold condominium with 3 storeys, located in the prime East Coast area of Marine Parade (D15).
Developed in a low-density setting, it offers limited units ideal for families and investors seeking Joo Chiat Place exclusivity. TOP was achieved years ago, ensuring established quality. Unit mix includes 2-4 bedroom layouts from 883–1,800 sqft, with 3BR units most transacted.
Freehold tenure adds a premium, justifying higher PSF compared to leasehold peers. For verified listings, browse available units at Eastcove Residences on Homejourney, where we prioritize user safety through verified data.
Current Price Ranges and Unit Breakdown
In 2026, Eastcove Residences listings hover at S$1.485 million for key units, aligning with D15 condo prices of S$1,368–S$1,707 psf from similar freehold sales.[1][3][6]
- 2BR (883 sqft): ~S$1.33M (S$1,507 psf) – Ideal for young couples or investors.
- 3BR (1,055–1,200 sqft): S$1.5M–S$1.65M (S$1,422–S$1,500 psf) – Popular family choice with strong demand.
- 4BR (1,800 sqft): S$1.7M+ – Spacious for larger households, rare availability.
These figures draw from URA-verified transactions and Homejourney's project data, showing slight upticks from 2025.[1][9] Disclaimer: Prices fluctuate; always check comprehensive analysis of Eastcove Residences for latest URA data.
Historical Price Trends and Market Comparison
Eastcove Residences price trends indicate steady appreciation: 2025 sales at S$1.33M–S$1.5M (S$1,400–S$1,507 psf), up 10-15% over five years per broader D15 patterns.[1] Singapore private home prices rose 3.4% cumulatively in 2025, with Q4 at 0.7%, setting a resilient base for 2026 growth of 3-4%.[2]
Compared to nearby freehold like East Grove (S$1.33M–S$1.7M, similar PSF), Eastcove holds value due to Joo Chiat Place's heritage charm.[1] Leasehold alternatives in D15 trade 5-10% lower, making freehold a smart property investment.[1] OCR new launches hit S$2,400 psf, but Eastcove offers better entry for resale buyers.
| Unit Type | Size (sqft) | 2025 Avg Price | 2026 Est PSF |
|---|---|---|---|
| 2BR | 883 | S$1.33M | S$1,507 |
| 3BR | 1,055 | S$1.5M | S$1,422 |
| 4BR | 1,800 | S$1.7M+ | S$1,500+ |
Eastcove outperforms district averages, bolstered by low supply. See related Eastcove Residences D15 Guide for amenities context.
Rental Yields and Investment Potential
Rental transactions peaked at S$4,500/month for 1,800 sqft units (Dec 2023), with lows at S$2,100; expect 3-4% yields in 2026 (S$5K–S$7K for 3BR).[1][4] High expat demand near East Coast drives liquidity.
Capital growth: 5-7% annually projected, fueled by OCR tightening and interest rates at 1.19% SORA.[2] Future THP upgrades and MRT enhancements boost East Coast values. Strong resale liquidity due to limited units.
Assess value: Excellent for long-term property investment in Singapore condo market. Compare with Bristol Lodge Price Trends for D8 insights. Use Homejourney's mortgage calculator for payments.
Location Factors Influencing Prices
At Joo Chiat Place, Eastcove is 10-min walk to Eunos MRT (Exit A), with buses along East Coast Road. Proximity to PIE/ECP (5-min drive) and CBD (15-min) supports premium pricing.[9]
Nearby: Parkway Parade mall (1.5km), hawker centres, CHIJ Katong Primary (walking distance). D15 lifestyle adds 10-15% PSF premium. Insider tip: Joo Chiat's Peranakan shophouses offer unmatched charm for residents.
Pros, Cons, and Buyer Advice
Pros: Freehold scarcity, strong yields, family-friendly location.
Cons: Limited units may mean competition; older build requires maintenance checks – consider Homejourney's aircon services post-purchase.
- Best for: Families, expat tenants, HDB upgraders.
- Actionable steps: 1) Verify URA transactions via Homejourney. 2) Calculate affordability with bank rates. 3) Speak to a property agent.
Balanced view: High value despite moderate 2026 growth forecasts.[2]
FAQ
What are the latest Eastcove Residences prices in 2026?
S$1.33M–S$1.7M (S$1,400–S$1,700 psf) for 2-4BR units, per recent data. Check Homejourney search for updates.[1][3]
Are Eastcove Residences prices trending up?
Yes, stable with 3-4% growth expected in 2026, driven by D15 demand.[1][2]
What is the rental yield for Eastcove Residences?
3-4% (S$5K–S$7K/month for 3BR), strong for investors.[1][4]
How does Eastcove compare to nearby condos?
Freehold premium over leaseholds; similar to East Grove at S$1,368–S$1,707 psf.[1]
Is Eastcove Residences a good investment?
Yes, for appreciation and yields in tightening OCR market. View project analysis.[1][2]
Ready to explore? Search Eastcove Residences units on Homejourney – your trusted platform for safe, verified property decisions. Link back to our pillar: Eastcove Residences Full Guide.
