Mandarin Gardens
Mandarin Gardens is a 99-year lease (55 yrs left) condominium development in District 15 (Marine Parade / Katong / Joo Chiat). It has 141 recorded private transactions. Latest sale: $1,955,500 (Jun 2026, 142 sqm, floors 06-10). Median $1,282/sqft. Prices up 11.7% over the period. 55 years lease remaining.
Where Mandarin Gardens ranks in District 15
All 275 projects ›Median psf over time
Estimate a unit at Mandarin Gardens
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.62% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,194 | 40 |
| 06-10 | $1,217 | 28 |
| 11-15 | $1,333 | 30 |
| 16-20 | $1,353 | 27 |
| 21-25 | $1,334 | 16 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jun 2026 | 06-10 | Resale | 142 sqm | $1,955,500 | $1,279 |
| May 2026 | 01-05 | Resale | 166 sqm | $2,188,000 | $1,225 |
| May 2026 | 01-05 | Resale | 166 sqm | $1,980,000 | $1,108 |
| May 2026 | 16-20 | Resale | 68 sqm | $900,000 | $1,230 |
| May 2026 | 01-05 | Resale | 68 sqm | $938,000 | $1,282 |
| May 2026 | 11-15 | Resale | 68 sqm | $970,000 | $1,325 |
| Apr 2026 | 01-05 | Resale | 68 sqm | $888,888 | $1,214 |
| Apr 2026 | 01-05 | Resale | 142 sqm | $1,800,000 | $1,178 |
| Apr 2026 | 01-05 | Resale | 146 sqm | $1,800,000 | $1,145 |
| Apr 2026 | 16-20 | Resale | 146 sqm | $2,212,000 | $1,408 |
| Apr 2026 | 06-10 | Resale | 188 sqm | $2,450,000 | $1,211 |
| Apr 2026 | 11-15 | Resale | 146 sqm | $2,020,000 | $1,285 |
| Mar 2026 | 06-10 | Resale | 93 sqm | $1,450,000 | $1,448 |
| Mar 2026 | 11-15 | Resale | 93 sqm | $1,420,000 | $1,419 |
| Mar 2026 | 21-25 | Resale | 146 sqm | $2,290,000 | $1,457 |
| Mar 2026 | 21-25 | Resale | 285 sqm | $3,650,000 | $1,190 |
| Feb 2026 | 11-15 | Resale | 93 sqm | $1,600,000 | $1,598 |
| Feb 2026 | 01-05 | Resale | 166 sqm | $2,188,000 | $1,225 |
| Feb 2026 | 16-20 | Resale | 77 sqm | $1,150,000 | $1,388 |
| Feb 2026 | 21-25 | Resale | 146 sqm | $2,180,000 | $1,387 |
| Feb 2026 | 21-25 | Resale | 146 sqm | $2,250,000 | $1,432 |
| Jan 2026 | 16-20 | Resale | 68 sqm | $1,000,000 | $1,366 |
| Dec 2025 | 01-05 | Resale | 142 sqm | $1,950,000 | $1,276 |
| Dec 2025 | 16-20 | Resale | 146 sqm | $2,145,000 | $1,365 |
| Dec 2025 | 01-05 | Resale | 166 sqm | $2,160,000 | $1,209 |
About Mandarin Gardens
Mandarin Gardens is a 99-year leasehold development with its lease commencing in 1982 and about 55 years remaining in District 15 (Marine Parade / Katong / Joo Chiat), within the Outside Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 141 recorded transactions between 2021-06 and 2026-06, ranging from $888,888 to $4,880,000. The most recent transaction was a 142 sqm unit (floors 06-10) sold for $1,955,500 in 2026-06, and the median price is $1,282 per square foot. Prices here have risen by about 11.7% over the period (around 2.2% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 55 years remaining is 0.8492, an annual lease decay of about 0.62%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Mandarin Gardens cost?
The most recent transaction at Mandarin Gardens was $1,955,500 for a 142 sqm unit in 2026-06. The median price is $1,282 per square foot across 141 transactions, ranging from $888,888 to $4,880,000. Data sourced from URA.
Is Mandarin Gardens freehold or leasehold?
Mandarin Gardens is on a 99-year lease commencing in 1982, with approximately 55 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.62%.
What is the price per square foot (psf) at Mandarin Gardens?
The median price at Mandarin Gardens is $1,282 psf, with transactions ranging from $889 to $1,622 psf. This is based on 141 URA-recorded transactions in District 15.
Have prices at Mandarin Gardens gone up or down?
Prices at Mandarin Gardens have increased by approximately 11.7% over the data period (around 2.2% a year). The median price is currently $1,282 psf, with the most recent sale at $1,955,500 in 2026-06.