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Costa Rhu

Condominium · District 15 (Marine Parade / Katong / Joo Chiat) · Rest of Central Region · 99-year lease (67 yrs left) · Updated Jun 2026

Costa Rhu is a 99-year lease (67 yrs left) condominium development in District 15 (Marine Parade / Katong / Joo Chiat). It has 132 recorded private transactions. Latest sale: $3,275,000 (Jun 2026, 165 sqm, floors 11-15). Median $1,493/sqft. Prices up 16.2% over the period. 67 years lease remaining.

Latest Sale
$3,275,000
Jun 2026 · 165 sqm
Median Price
$1,493/sqft
$2,290,000 typical unit
Transactions
132
$961–$2,131 psf
Price Trend
▲ 16.2%
~3% a year

Where Costa Rhu ranks in District 15

All 275 projects ›
Median psf
#186 / 275
Typical unit price
#68 / 275
Most recent sale
#39 / 275
Price growth
#108 / 204

Median psf over time

Estimate a unit at Costa Rhu

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3%/yr
Lease decay −0.39%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

67 yrs
Remaining lease
0.39%
Annual decay (Bala's Table)
1994
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.39% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,420 54
06-10 $1,506 41
11-15 $1,512 37

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 11-15 Resale 165 sqm $3,275,000 $1,844
Apr 2026 06-10 Resale 124 sqm $2,200,000 $1,648
Apr 2026 06-10 Resale 208 sqm $4,500,000 $2,010
Mar 2026 06-10 Resale 124 sqm $2,220,000 $1,663
Feb 2026 01-05 Resale 165 sqm $3,030,000 $1,706
Feb 2026 01-05 Resale 145 sqm $1,820,000 $1,166
Feb 2026 01-05 Resale 130 sqm $1,980,000 $1,415
Jan 2026 01-05 Resale 130 sqm $1,950,000 $1,394
Jan 2026 01-05 Resale 94 sqm $1,410,000 $1,394
Jan 2026 11-15 Resale 165 sqm $3,231,000 $1,819
Jan 2026 11-15 Resale 130 sqm $2,260,000 $1,615
Jan 2026 06-10 Resale 153 sqm $2,800,000 $1,700
Jan 2026 06-10 Resale 183 sqm $3,570,000 $1,812
Jan 2026 01-05 Resale 165 sqm $3,030,000 $1,706
Dec 2025 01-05 Resale 92 sqm $1,591,000 $1,607
Nov 2025 11-15 Resale 130 sqm $1,920,000 $1,372
Nov 2025 11-15 Resale 130 sqm $1,920,000 $1,372
Nov 2025 11-15 Resale 125 sqm $2,200,000 $1,635
Oct 2025 01-05 Resale 92 sqm $1,500,000 $1,515
Oct 2025 11-15 Resale 164 sqm $3,115,000 $1,765
Oct 2025 01-05 Resale 134 sqm $1,680,000 $1,165
Aug 2025 11-15 Resale 165 sqm $3,080,000 $1,734
Jul 2025 01-05 Resale 125 sqm $1,790,000 $1,330
Jun 2025 06-10 Resale 153 sqm $2,825,000 $1,715
Jun 2025 01-05 Resale 124 sqm $2,168,000 $1,624
Showing 25 of 132 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Costa Rhu

Costa Rhu is a 99-year leasehold development with its lease commencing in 1994 and about 67 years remaining in District 15 (Marine Parade / Katong / Joo Chiat), within the Rest of Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 132 recorded transactions between 2021-06 and 2026-06, ranging from $1,230,000 to $4,725,017. The most recent transaction was a 165 sqm unit (floors 11-15) sold for $3,275,000 in 2026-06, and the median price is $1,493 per square foot. Prices here have risen sharply, by about 16.2% over the period (around 3% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 67 years remaining is 0.9002, an annual lease decay of about 0.39%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Costa Rhu cost?

The most recent transaction at Costa Rhu was $3,275,000 for a 165 sqm unit in 2026-06. The median price is $1,493 per square foot across 132 transactions, ranging from $1,230,000 to $4,725,017. Data sourced from URA.

Is Costa Rhu freehold or leasehold?

Costa Rhu is on a 99-year lease commencing in 1994, with approximately 67 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.39%.

What is the price per square foot (psf) at Costa Rhu?

The median price at Costa Rhu is $1,493 psf, with transactions ranging from $961 to $2,131 psf. This is based on 132 URA-recorded transactions in District 15.

Have prices at Costa Rhu gone up or down?

Prices at Costa Rhu have increased by approximately 16.2% over the data period (around 3% a year). The median price is currently $1,493 psf, with the most recent sale at $3,275,000 in 2026-06.