The Red House
The Red House is a 99-year lease (85 yrs left) apartment development in District 15 (Marine Parade / Katong / Joo Chiat). It has 19 recorded private transactions. Latest sale: $1,410,000 (Jan 2026, 89 sqm, floors 01-05). Median $1,475/sqft. Prices down 1.4% over the period. 85 years lease remaining.
Where The Red House ranks in District 15
All 275 projects ›Median psf over time
Estimate a unit at The Red House
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 0.20% a year.
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jan 2026 | 01-05 | Resale | 89 sqm | $1,410,000 | $1,472 |
| Aug 2025 | 01-05 | Resale | 71 sqm | $1,100,000 | $1,439 |
| Jun 2025 | 01-05 | Resale | 44 sqm | $785,000 | $1,657 |
| Feb 2025 | 01-05 | Resale | 81 sqm | $1,300,000 | $1,491 |
| Feb 2025 | 01-05 | Resale | 66 sqm | $972,000 | $1,368 |
| Feb 2025 | 01-05 | Resale | 70 sqm | $1,250,000 | $1,659 |
| Dec 2024 | 01-05 | Resale | 85 sqm | $1,350,000 | $1,476 |
| Nov 2024 | 01-05 | Resale | 60 sqm | $846,000 | $1,310 |
| Nov 2024 | 01-05 | Resale | 71 sqm | $1,035,000 | $1,354 |
| Nov 2024 | 01-05 | Resale | 71 sqm | $1,035,000 | $1,354 |
| Nov 2024 | 01-05 | Resale | 68 sqm | $999,000 | $1,365 |
| Nov 2024 | 01-05 | Resale | 109 sqm | $1,730,000 | $1,475 |
| Oct 2024 | 01-05 | Resale | 70 sqm | $1,250,000 | $1,659 |
| Apr 2024 | 01-05 | Resale | 67 sqm | $1,200,000 | $1,664 |
| Jun 2023 | 01-05 | Resale | 70 sqm | $1,180,000 | $1,566 |
| Aug 2022 | 01-05 | Resale | 89 sqm | $1,200,000 | $1,253 |
| Aug 2022 | 01-05 | Resale | 67 sqm | $1,160,000 | $1,608 |
| Nov 2021 | 01-05 | Resale | 41 sqm | $690,000 | $1,563 |
| Oct 2021 | 01-05 | Resale | 67 sqm | $1,040,000 | $1,442 |
About The Red House
The Red House is a 99-year leasehold development with its lease commencing in 2012 and about 85 years remaining in District 15 (Marine Parade / Katong / Joo Chiat), within the Rest of Central Region of Singapore. It has a thinner transaction history, with 19 recorded apartment transactions between 2021-10 and 2026-01, ranging from $690,000 to $1,730,000. The most recent transaction was a 89 sqm unit (floors 01-05) sold for $1,410,000 in 2026-01, and the median price is $1,475 per square foot. Prices here have stayed broadly flat (−1.4%) over the period. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 85 years remaining is 0.9463, an annual lease decay of about 0.20%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at The Red House cost?
The most recent transaction at The Red House was $1,410,000 for a 89 sqm unit in 2026-01. The median price is $1,475 per square foot across 19 transactions, ranging from $690,000 to $1,730,000. Data sourced from URA.
Is The Red House freehold or leasehold?
The Red House is on a 99-year lease commencing in 2012, with approximately 85 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.20%.
What is the price per square foot (psf) at The Red House?
The median price at The Red House is $1,475 psf, with transactions ranging from $1,253 to $1,664 psf. This is based on 19 URA-recorded transactions in District 15.
Have prices at The Red House gone up or down?
Prices at The Red House have decreased by approximately 1.4% over the data period (around -0.3% a year). The median price is currently $1,475 psf, with the most recent sale at $1,410,000 in 2026-01.