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Singapore Property News, Insights and Analysis

Completed 2012

Ola Residences

D15 · East Coast / Marine Parade · 839 Mountbatten Road

A 50-unit freehold condo in D15, completed in 2012. Developed by Mountbatten Development Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
$1,548
Avg $psf, 12 months
1
Sales, 12 months
2012
Completed
Ola Residences

What brings you to Ola Residences?

Buying here? Get a second opinion. A 3-bedder here sold for $4.55M in the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion
02 — Prices

Ola Residences prices

Last 12 months
1
Sale
$1,548
Average $psf
$4.55M
Price
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
3-Bedroom3 sales$1,664 psf$2.96M – $4.55M1,550–2,939 sq ft
4-Bedroom3 sales$1,566 psf$4M – $4.75M2,164–3,240 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
1,300–1,599 sq ft1 sale$1,910 psf$2.96M
2,000–2,499 sq ft1 sale$1,992 psf$4.31M
2,500–3,499 sq ft4 sales$1,447 psfAvg $4.43M$4M – $4.75M
Average $psf by year
In 2025, sales here averaged $1,566 psf, 27% below the D15 average of $2,132 psf for private homes (condos, apartments and ECs).
This condoD15 average
Show as a table
YearThis condoD15 average
2026$1,548$2,176
2025$1,566$2,132
2024$1,722$2,320
2023$1,559$2,227
2022$1,448$1,861
2021$1,502$1,695
2020$1,473$1,527
2019$1,195$1,674
2018$1,444$1,465
2017$1,279$1,458
2016$1,273$1,280
2015$1,104$1,298
Sales by year
97 sales since 2008; the busiest year was 2009 with 33. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
20260011
20250033
20240022
20230011
20220011
20210055
20200022
20190044
20180022
20170033
20160033
20150022
20140000
20130022
20120279
201129011
20104004
2009330033
20089009
Sales in the last two years
5 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
19 Aug 2026#05-XX2,939 sq ft · 3-Bedroom$4.55M$1,548 psfResale
22 Sep 2025#05-XX3,240 sq ft · 4-Bedroom$4.75M$1,466 psfResale
29 Aug 2025#05-XX3,229 sq ft · 4-Bedroom$4M$1,239 psfResale
14 Apr 2025#01-XX2,164 sq ft · 4-Bedroom$4.31M$1,992 psfResale
23 Dec 2024#05-XX2,874 sq ft · 3-Bedroom$4.41M$1,534 psfResale
Compared with nearby condos
Compared with D15 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Ola Residences rent

Leases starting Sep 2025–Aug 2026
10
Leases
$4,450
Median rent a month

D15 median rent: $4,600 a month; est. gross yield 2.1%.

By bedroom type
TypeLeasesMedian rentMiddle halfD15 median
1-Bedroom3 leases$3,700 median$3,650 – $4,000D15 $3,300
2-Bedroom5 leases$4,600 median$4,150 – $4,675D15 $4,400
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Ola Residences floor plans by bedroom type

12 layouts, from a 732 sq ft 1-bedroom to a 3,208 sq ft penthouse. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Ola Residences

MRT stations
TE Tanjong Katong 970 m · 12 min walk
TE Marine Parade 1.1 km · 13 min walk
TE Katong Park 1.7 km · 21 min walk
CC Dakota 1.8 km · 21 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Tanjong Katong Primary School 250 m · 4 min walk
Within 2 km
Haig Girls' SchoolPopular 1.1 km · 18 min walk
CHIJ (Katong) Primary 1.4 km · 20 min walk
Tao Nan SchoolPopular 1.4 km · 21 min walk
Kong Hwa SchoolPopular 1.5 km · 25 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Haig Walk 440 m · 5 min
Clinic Assurance Medicare Clinic and Surgery 370 m · 4 min
Supermarket FairPrice 510 m · 6 min
Hawker centre Dunman Food Centre 1.1 km · 14 min
Map of the area around Ola Residences, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Ola Residences

Upcoming supply
East Coast Road1.7 km · about 98 units · 0.55 ha Open for tender
Tanjong Rhu Close2.5 km · about 478 units · 1.23 ha Upcoming
Tanjong Rhu Road2.6 km · about 503 units · 1.22 ha Awarded · $15,662 psm GFA · Feb 2026

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Ola Residences

Source: Stacked Homes editorial

08 — FAQ

Questions about Ola Residences

Is Ola Residences freehold?

Yes. Ola Residences is a freehold condo.

When was Ola Residences completed?

2012.

How many units does Ola Residences have?

50 units, up to five storeys.

What sizes are the 3-bedroom units?

1,496 to 1,776 sq ft across two layouts.

What is the price psf at Ola Residences?

1 sale in the last 12 months averaged $1,548 psf.

What did the latest sale go for?

A 2,939 sq ft unit sold for $4.55M ($1,548 psf) on 19 Aug 2026.

How much is the rent at Ola Residences?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,450 a month ($3,700 for a 1-bedroom and $4,600 for a 2-bedroom).

What is the nearest MRT station?

Tanjong Katong (TE), a 12-minute walk (970 m). Marine Parade (TE) is 1.1 km away.

Which primary schools are within 1 km?

Tanjong Katong Primary School, 250 m away.

Who developed Ola Residences?

Mountbatten Development Pte Ltd.

Answers generated from the data on this page, Nov 2026