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Mandarin Gardens

Condominium · District 15 (Marine Parade / Katong / Joo Chiat) · Outside Central Region · 99-year lease (55 yrs left) · Updated Sep 2026

Mandarin Gardens is a 99-year lease (55 yrs left) condominium development in District 15 (Marine Parade / Katong / Joo Chiat). It has 146 recorded private transactions. Latest sale: $1,100,000 (Sep 2026, 77 sqm, floors 01-05). Median $1,285/sqft. Prices up 2.3% over the period. 55 years lease remaining.

Latest Sale
$1,100,000
Sep 2026 · 77 sqm
Median Price
$1,285/sqft
$1,880,000 typical unit
Transactions
146
$1,005–$1,622 psf
Price Trend
▲ 2.3%
~0.5% a year

Where Mandarin Gardens ranks in District 15

All 266 projects ›
Median psf
Top 93%
#248 / 266 Top 93%
Typical unit price
Top 47%
#126 / 266 Top 47%
Most recent sale
Top 87%
#231 / 266 Top 87%
Price growth
Top 88%
#166 / 188 Top 88%

Median psf over time

Estimate a unit at Mandarin Gardens

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

Estimated value
—
Project forward
▲ Market growth +0.5%/yr
▼ Lease decay −0.62%/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

55 yrs
Remaining lease
0.62%
Annual decay (Bala's Table)
1982
Lease commenced

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 bandMedian psfTransactions
01-05 $1,201 41
06-10 $1,223 28
11-15 $1,341 35
16-20 $1,355 26
21-25 $1,334 16

Recent transactions

DateFloorType AreaPricepsf
Sep 2026 01-05 Resale 77 sqm $1,100,000 $1,327
Sep 2026 01-05 Resale 142 sqm $1,770,000 $1,158
Sep 2026 01-05 Resale 142 sqm $1,821,000 $1,191
Sep 2026 11-15 Resale 93 sqm $1,438,000 $1,437
Aug 2026 21-25 Resale 68 sqm $945,000 $1,291
Aug 2026 11-15 Resale 146 sqm $1,970,000 $1,254
Aug 2026 06-10 Resale 146 sqm $2,010,888 $1,280
Aug 2026 11-15 Resale 146 sqm $2,180,000 $1,387
Jul 2026 16-20 Resale 189 sqm $2,750,000 $1,352
Jul 2026 21-25 Resale 146 sqm $2,030,000 $1,292
Jul 2026 11-15 Resale 68 sqm $900,000 $1,230
Jul 2026 11-15 Resale 146 sqm $2,170,108 $1,381
Jul 2026 01-05 Resale 142 sqm $1,780,000 $1,165
Jul 2026 01-05 Resale 142 sqm $1,765,000 $1,155
Jun 2026 06-10 Resale 142 sqm $1,955,500 $1,279
May 2026 11-15 Resale 68 sqm $960,000 $1,312
May 2026 01-05 Resale 166 sqm $2,188,000 $1,225
May 2026 01-05 Resale 68 sqm $938,000 $1,282
May 2026 11-15 Resale 68 sqm $970,000 $1,325
May 2026 01-05 Resale 166 sqm $1,980,000 $1,108
May 2026 16-20 Resale 68 sqm $900,000 $1,230
Apr 2026 01-05 Resale 146 sqm $1,800,000 $1,145
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 16-20 Resale 146 sqm $2,212,000 $1,408
Showing 25 of 146 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Mandarin Gardens is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Mandarin Gardens, with their median resale psf. Useful for comparing what Mandarin Gardens costs per square foot against nearby developments.

More condos in District 15
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Mandarin Gardens

Mandarin Gardens is a 99-year leasehold condominium development in District 15 (Marine Parade / Katong / Joo Chiat), its lease commencing in 1982 and about 55 years remaining, so lease decay is a real factor in its pricing. Its $1,285 psf median sits about 24% below the District 15 median, cheaper than about 93% of projects there. It has a busy transaction history, with 146 sales between 2021-10 and 2026-09, ranging from $888,888 to $4,880,000. The most recent transaction was a 77 sqm unit (floors 01-05) at $1,100,000 in Sep 2026, and the median is $1,285 psf. Higher floors carry a premium, with the 21-25 band about 11% per square foot above the 01-05 band. 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 $1,100,000 for a 77 sqm unit in 2026-09. The median price is $1,285 per square foot across 146 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 $1,285 psf, with transactions ranging from $1,005 to $1,622 psf. This is based on 146 URA-recorded transactions in District 15.

Have prices at Mandarin Gardens gone up or down?

Prices at Mandarin Gardens have increased by approximately 2.3% over the data period (around 0.5% a year). The median price is currently $1,285 psf, with the most recent sale at $1,100,000 in 2026-09.