Emerald of Katong emerged as a noteworthy project in the highly sought-after District 15, following a competitive tender process that highlighted its allure. Sim Lian Land clinched the site with a winning bid of $828.8 million, translating to $1,069 per square foot per plot ratio (psf ppr), narrowly outbidding its closest competitor by a mere 0.1%. This strategic acquisition at Jalan Tembusu by Sim Lian not only underscores the developer’s commitment to enhancing the residential landscape of Katong but also reflects the confidence in the area’s continuing appeal and growth potential. With its prime location and the promise of luxury living, Emerald of Katong is poised to set a new benchmark in the area.

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Analysis of Properties within 2000m from Emerald of Katong condo in the Last 12 Months

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In the heart of District 15, amidst the sought-after locale of Emerald of Katong, numerous exceptional condominium projects are redefining the residential landscape. These developments, each distinguished by its unique offerings, location, and pricing, present enticing opportunities for both living and investment, particularly given their close proximity to Emerald of Katong. 

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Meyerhouse, an exclusive freehold enclave slated for completion in 2022, will comprise 56 luxurious units. Positioned approximately 900 meters from Emerald of Katong, it commands an average price of S$3,124 per square foot (psf). Despite a single sale recorded, its investment potential is underscored by a 100% rate of profitable transactions and a rental yield of 3.1%.

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Amber Park, another prized freehold development, is poised for unveiling in 2023. Boasting 592 units and situated just 479 meters away, it offers a price range spanning from S$1,956 to S$3,085 psf. With 17 sales to date, the project's allure is evident, supported by a promising 52.9% of transactions proving profitable.

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The Continuum, boasting freehold tenure, is set to deliver 807 units by 2026, positioning it as one of the larger developments in close proximity to Emerald of Katong, at a distance of 695 meters. With prices ranging from S$2,573 to S$3,016 psf and a substantial sales volume, it reflects strong market interest.

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One Meyer, slated for completion in 2023, offers 66 units located 1,509 meters away from Emerald of Katong. Priced between S$2,729 and S$2,933 psf, it has recorded two sales so far, highlighting its premium status with a 100% profitability rate in transactions.

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Grand Dunman, a significant project featuring 1,012 units under a 99-year lease from 2022, is expected to be ready in 2028 and lies 871 meters away. With 632 sales to date and a wide price spectrum ranging from S$2,108 to S$2,904 psf, it has garnered remarkable market interest.

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Meyer Mansion, nearing completion in 2024, will offer 200 units at a distance of 1,226 meters. Prices per square foot here range from S$2,513 to S$2,903, with seven sales to date reflecting discerning buyer interest.

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Lastly, Tembusu Grand, featuring 638 units under a 99-year lease from 2022 and scheduled for completion in 2028, stands remarkably close at just 179 meters. With prices ranging from S$2,280 to S$2,791 psf and 382 units sold, it underscores both its potential and proximity allure.

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Each of these developments presents a distinctive proposition to future residents of Emerald of Katong, emphasizing the vibrancy and desirability of District 15 as an ideal place for residence and investment alike.