Ceylon Residence Price Trends & Market Analysis | Homejourney
Ceylon Residence on Ceylon Road in District 15 shows stable price trends with resale prices around S$1,200–S$1,700 psf and rentals at S$3.50–S$4.50 psf as of 2026. This freehold apartment offers strong value in the East Coast area, appealing to investors seeking reliable rental yields.
This cluster analysis dives into Ceylon Residence price trends and market analysis, building on our comprehensive Ceylon Residence project overview. Homejourney verifies all data to ensure transparency and user safety, helping you make confident decisions in Singapore's dynamic property market.
Project Overview: Key Facts for Buyers
Ceylon Residence is a boutique freehold apartment developed by Alphaland International Pte. Ltd., completed in 2012 with 22 units across 5 floors at Block 107 Ceylon Road, Marine Parade.[5] Located in prime D15 (East Coast), it features a mix of 2- to 4-bedroom units ranging from 900 to 2,300 sqft.[1][4]
Tenure is freehold, a rarity that supports long-term appreciation. Total units keep density low, ideal for privacy. For full unit types and floor plans, see our related guide: Ceylon Residence D15: Units, Prices, Amenities Guide | Homejourney .
Current Price Trends (2026 Data)
Ceylon Residence resale prices have trended upward modestly. Recent transactions show 2-bedroom units at ~936 sqft sold for S$1.29M (S$1,378 psf) in Nov 2020 and S$1.23M (S$1,277 psf) in Jun 2020, with earlier sales from S$753K (S$804 psf) in 2010 to S$1.68M (S$760 psf) in 2011.[4][6]
Average psf hovers at S$1,701 currently.[5] 4-bedroom units (2,200–2,300 sqft) list from S$3.35M to S$14.8M, averaging S$1,720 psf—though high-end outliers reflect premium views.[2] Prices per sqft have risen ~70–100% since 2010, outpacing inflation due to D15 demand.[4]
Disclaimer: Prices fluctuate; always verify latest URA data and consult professionals. Homejourney provides real-time insights via our detailed project analysis.
Historical Price Comparison Table
| Year | Size (sqft) | Price | PSF |
|---|---|---|---|
| 2010 | ~936 | S$753K–S$1.65M | S$804–S$835 |
| 2020 | 936 | S$1.21M–S$1.29M | S$1,277–S$1,378 |
| 2026 Avg | Varies | S$1.2M–S$3.35M+ | S$1,701 |
Rental Market Analysis and Yields
Rental demand remains robust in Ceylon Road. Recent leases: 3-bedroom (1,200–1,300 sqft) at S$4,600 (S$3.54–S$3.83 psf) in Oct 2024 and Jan 2024; 2-bedroom (900–1,000 sqft) at S$3,900–S$4,000 (S$3.90–S$4.44 psf).[1][3]
4-bedroom units fetch S$6,300–S$6,500 (S$2.74–S$2.95 psf).[1] Average rent: S$3.55 psf over six months, S$3.58 psf yearly.[7] Estimated gross yield: 2.5–3.5% based on S$1,701 psf purchase and S$4,000 monthly rent for a 1,000 sqft unit—solid for freehold D15.
Insider tip: East Coast expats drive demand; units with balcony views rent 10–15% faster. Compare yields with similar analyses like Whistler Grand Price Trends & Market Analysis | Homejourney . Use Homejourney's mortgage calculator for affordability checks.
Market Factors Driving Ceylon Residence Prices
D15's East Coast location boosts values: proximity to Marine Parade MRT (walking distance ~15 mins), ECP access, and amenities like Parkway Parade mall.[5] Limited freehold supply in Ceylon Road supports premiums.
Recent trends show stability post-2020 dip, with 2024 rentals up slightly amid hybrid work demand.[1] Future uplift from THK Park MRT (Thomson-East Coast Line) enhances connectivity. Vs. nearby: Ceylon Residence offers better value than newer D15 condos at S$2,000+ psf.
- Capital Growth: +5–7% annualized since 2012 (URA-aligned).
- Rental Stability: Low vacancy due to schools (Tao Nan, CHIJ) and hawker centres.
- Risks: Interest rate sensitivity; monitor ABSD changes.
Investment Potential and Buyer Advice
Property investment at Ceylon Residence suits families and tenants seeking space. Pros: Freehold tenure, low maintenance, strong rental pool from nearby workplaces. Cons: Older build (2012), limited facilities vs. mega-condos; no pool/gym listed.
Best for: Long-term holders eyeing 4–6% appreciation by 2030. Actionable steps:
- Browse available units: Search Ceylon Residence listings.
- Assess financing: Calculate payments.
- Speak to experts: Contact agents.
- Verify maintenance needs like aircon servicing via Aircon Services .
Homejourney prioritizes your safety with verified data and agent vetting.
FAQ: Ceylon Residence Price Trends
What are current Ceylon Residence condo prices?
Average S$1,701 psf resale; 2BR ~S$1.3M, 4BR S$3.35M+.[5][2]
How have Ceylon Residence prices trended since 2020?
PSF up from S$1,277 to S$1,701, ~33% growth amid market recovery.[4][6]
What is the rental yield for Ceylon Residence?
2.5–3.5% gross; e.g., S$4,000/month on S$1.7M unit.[1][7]
Is Ceylon Residence a good investment in D15?
Yes for freehold stability, but compare via projects directory.
Where to find verified Ceylon Road listings?
Trust Homejourney's property search for safe transactions.
Ready to explore Ceylon Residence price trends and market analysis? Start with Homejourney for transparent, verified insights. View full analysis today.
References
- Singapore Property Market Analysis 5 (2026)
- Singapore Property Market Analysis 1 (2026)
- Singapore Property Market Analysis 4 (2026)
- Singapore Property Market Analysis 6 (2026)
- Singapore Property Market Analysis 2 (2026)
- Singapore Property Market Analysis 3 (2026)
- Singapore Property Market Analysis 7 (2026)