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Double Bay Residences

Condominium · District 18 (Tampines / Pasir Ris) · Outside Central Region · 99-year lease (81 yrs left) · Updated May 2026

Double Bay Residences is a 99-year lease (81 yrs left) condominium development in District 18 (Tampines / Pasir Ris). It has 137 recorded private transactions. Latest sale: $1,360,000 (May 2026, 87 sqm, floors 11-15). Median $1,303/sqft. Prices up 30.8% over the period. 81 years lease remaining.

Latest Sale
$1,360,000
May 2026 · 87 sqm
Median Price
$1,303/sqft
$1,480,000 typical unit
Transactions
137
$924–$1,615 psf
Price Trend
▲ 30.8%
~5.6% a year

Where Double Bay Residences ranks in District 18

All 46 projects ›
Median psf
#18 / 46
Typical unit price
#11 / 46
Most recent sale
#30 / 46
Price growth
#21 / 43

Median psf over time

Estimate a unit at Double Bay Residences

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

Estimated value
Project forward
Market growth +5.6%/yr
Lease decay −0.23%/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

81 yrs
Remaining lease
0.23%
Annual decay (Bala's Table)
2008
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.23% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,265 48
06-10 $1,319 65
11-15 $1,293 24

Recent transactions

DateFloorType AreaPricepsf
May 2026 11-15 Resale 87 sqm $1,360,000 $1,452
Apr 2026 01-05 Resale 87 sqm $1,252,000 $1,337
Apr 2026 01-05 Resale 93 sqm $1,488,000 $1,486
Apr 2026 01-05 Resale 93 sqm $1,470,000 $1,468
Apr 2026 06-10 Resale 93 sqm $1,480,000 $1,478
Mar 2026 06-10 Resale 122 sqm $1,950,000 $1,485
Mar 2026 01-05 Resale 118 sqm $1,845,000 $1,453
Mar 2026 06-10 Resale 122 sqm $1,925,000 $1,466
Mar 2026 06-10 Resale 93 sqm $1,450,000 $1,448
Feb 2026 06-10 Resale 118 sqm $1,870,000 $1,472
Jan 2026 06-10 Resale 87 sqm $1,400,000 $1,495
Dec 2025 06-10 Resale 127 sqm $2,170,000 $1,587
Dec 2025 11-15 Resale 122 sqm $1,860,000 $1,416
Dec 2025 01-05 Resale 118 sqm $1,815,000 $1,429
Nov 2025 01-05 Resale 144 sqm $2,330,000 $1,503
Sep 2025 11-15 Resale 118 sqm $1,785,000 $1,405
Sep 2025 06-10 Resale 87 sqm $1,380,000 $1,474
Sep 2025 06-10 Resale 118 sqm $1,800,000 $1,417
Sep 2025 06-10 Resale 127 sqm $2,208,000 $1,615
Aug 2025 06-10 Resale 118 sqm $1,820,000 $1,433
Aug 2025 01-05 Resale 127 sqm $2,160,000 $1,580
Aug 2025 06-10 Resale 145 sqm $2,348,000 $1,504
Jul 2025 01-05 Resale 344 sqm $3,580,000 $967
Jun 2025 11-15 Resale 127 sqm $1,980,000 $1,448
Jun 2025 06-10 Resale 118 sqm $1,750,000 $1,378
Showing 25 of 137 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Double Bay Residences

Double Bay Residences is a 99-year leasehold development with its lease commencing in 2008 and about 81 years remaining in District 18 (Tampines / Pasir Ris), within the Outside Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 137 recorded transactions between 2021-06 and 2026-05, ranging from $700,000 to $3,580,000. The most recent transaction was a 87 sqm unit (floors 11-15) sold for $1,360,000 in 2026-05, and the median price is $1,303 per square foot. Prices here have risen sharply, by about 30.8% over the period (around 5.6% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 81 years remaining is 0.9384, an annual lease decay of about 0.23%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Double Bay Residences cost?

The most recent transaction at Double Bay Residences was $1,360,000 for a 87 sqm unit in 2026-05. The median price is $1,303 per square foot across 137 transactions, ranging from $700,000 to $3,580,000. Data sourced from URA.

Is Double Bay Residences freehold or leasehold?

Double Bay Residences is on a 99-year lease commencing in 2008, with approximately 81 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.23%.

What is the price per square foot (psf) at Double Bay Residences?

The median price at Double Bay Residences is $1,303 psf, with transactions ranging from $924 to $1,615 psf. This is based on 137 URA-recorded transactions in District 18.

Have prices at Double Bay Residences gone up or down?

Prices at Double Bay Residences have increased by approximately 30.8% over the data period (around 5.6% a year). The median price is currently $1,303 psf, with the most recent sale at $1,360,000 in 2026-05.