Part of Margate Point project analysis
Homejourney Editorial
Margate Point stands as an exclusive freehold condominium in Singapore's prestigious District 15, offering just 15 luxury units along Margate Road in Marine Parade. Completed in 1998, this boutique development combines coastal views, privacy, and prime East Coast accessibility, making it ideal for discerning buyers and investors seeking Singapore condo value in D15.
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Margate Point is a freehold condominium at 2 Margate Road, Singapore 438042, in the heart of District 15's Marine Parade neighbourhood.[3][4] Developed as a low-density project, it features a single 17-storey block with only 15 units – 14 Type A apartments and 1 penthouse – providing one unit per floor for ultimate privacy.[4]
The site spans approximately 12,800 sq ft, zoned residential under URA's 2014 Master Plan with a gross plot ratio of 2.1.[1] TOP was obtained on 4 January 1998, establishing it as a mature estate with proven stability.[3] Its freehold tenure appeals to long-term owners in East Coast, where land scarcity drives appreciation.
Insider tip: As someone familiar with D15's quieter lanes, Margate Point's frontage on Margate Road offers unobstructed sea views towards East Coast Park – a rare perk in denser Marine Parade spots.
While specific developer details are historical, the build emphasizes luxury: private lifts to each unit's foyer, air-conditioned interiors, and high-end finishes.[4] Round-the-clock security and card-key access enhance safety, aligning with Homejourney's priority on user security.
Margate Point offers two primary configurations: 14 units of Type A (approx. 1,200-1,300 sq ft) and 1 penthouse.[4][9] Type A units feature efficient 3-bedroom layouts with open-concept living, east-facing orientations for natural light and sea breezes.[4] The penthouse provides expansive space, ideal for families or entertainers.
Floor plans highlight practicality – generous balconies, en-suite bathrooms, and built-in cabinetry. No studios or 1BRs; focus is on spacious family homes. View detailed floor plans via Homejourney's comprehensive analysis of Margate Point.
| Unit Type | Size Range (sq ft) | Bedrooms | Key Features |
|---|---|---|---|
| Type A | 1,200 - 1,300 | 3 | Private lift, sea view, balcony |
| Penthouse | Larger (est. 2,000+) | 4+ | Panoramic views, exclusive roof access |
Practical advice: Measure for your furniture – these units suit modern Singaporean families with 1,281 sq ft examples fetching premium prices.[9]
Margate Point prioritizes quality over quantity with resident-focused facilities: a private swimming pool, BBQ area, gym, and ample basement/surface parking.[4][5] Social spaces include a clubhouse for gatherings, while playgrounds cater to families.
Security is top-tier – 24-hour patrols, CCTV, and private lift lobbies ensure peace of mind.[4] Car park provisions exceed standard ratios, vital in car-dependent East Coast.
Homejourney users appreciate verified facility upkeep; post-purchase, explore aircon services for maintenance.
Situated on Margate Road, Margate Point is 4 minutes' walk (approx. 300m) from Katong Park MRT (TE24, Thomson-East Coast Line).[2][3] Dakota MRT (CC8, Circle Line) is also nearby, linking to Paya Lebar and CBD in 15-20 minutes.
Bus stops along Marine Parade offer services to Orchard and Changi. Expressways – ECP, PIE – provide 15-minute drives to CBD or 20 to Changi Airport.[1] Proximity to East Coast Park (1km) is a highlight for joggers and cyclists.
District 15 perks: Perennially popular for expats and locals due to beach access and schools.[6][10] Upcoming TEL enhancements boost connectivity.[7]
| Destination | By MRT (mins) | By Car (mins) |
|---|---|---|
| CBD (Raffles Place) | 20 | 15 |
| Orchard Road | 25 | 15 |
| Changi Airport | 40 | 20 |
| East Coast Park | 10 | 5 |
Supermarkets like FairPrice Finest at Katong V and Marine Parade Central are under 1km.[5] Malls – Katong Shopping Centre, Parkway Parade, i12 Katong – offer dining and retail within 10 minutes' drive.[1][2]
Hawker centres: Jalan Batu Market & Food Centre (short drive).[1] Schools include Dunman High (nearby), EtonHouse International Preschool, and primaries like Haig Boys'.[8] Healthcare: Parkway East Hospital (3km).
Parks: East Coast Park for watersports; recreational spots abound in D15's green spaces.[7]
Link to D15 rentals like Joo Chiat Apartment For Rent: D15 Onan Road Rentals | Homejourney ">Joo Chiat options for comparisons on Homejourney.
As of 2026, resale prices range $2.5M+ for 1,281 sq ft units at ~$1,991 psf.[9] Historical data shows steady appreciation in D15 freeholds, outperforming leaseholds amid land constraints.
Rentals: 3BR units at $4,100/month (~$3.15-$3.42 psf) as of May 2024, with demand from expats.[9] Compare via Homejourney's search for Margate Point listings. Disclaimer: Prices fluctuate; consult URA for latest transactions.
Vs. nearby: Higher psf than mass-market but value for exclusivity. Use Homejourney's mortgage calculator for affordability.
| Unit | Price | PSF | Size (sq ft) | Date |
|---|---|---|---|---|
| #05-XX | $2.55M | $1,991 | 1,281 | Mar 2025 |
Pros: Freehold exclusivity, sea views, low density (1 unit/floor), prime D15 location, strong rental demand.[1][4]
Cons: Small project limits facilities scale, older build (1998) may need reno, higher entry price vs. new launches.
Best for: Privacy-seeking families, investors eyeing yields. Not for first-time buyers seeking amenities galore.
D15's appeal – East Coast Park, schools, TEL – drives capital growth.[7][10] Rental yields est. 2-3% from expat demand; liquidity solid in mature freeholds.[9]
Future: Proximity to Kallang Wave Mall upgrades and ECP enhancements.[7] Original insight: Boutique freeholds like Margate Point hedge against en bloc risks in larger condos.
Speak to experts via Homejourney agents for tailored advice.
What is the nearest MRT to Margate Point? Katong Park TE24, 4-min walk.[3]
Is Margate Point freehold? Yes, fully freehold tenure.[1][3]
How many units in Margate Point? 15 units total.[1][3]
What are current Margate Point condo prices? ~$2.5M+ at $1,991 psf (2025 data); check Homejourney for updates.[9]
Best schools near Margate Point? Dunman High, Tao Nan Primary.[8]
Rental yield for Margate Point? Est. 2-3% based on $4k rents vs. $2.5M values.[9]
Is Margate Point good for investment? Yes, due to D15 demand and freehold status; verify with projects directory.
Parking at Margate Point? Ample basement and surface lots.[4]
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