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 18 recorded private transactions. Latest sale: $1,410,000 (Jan 2026, 89 sqm, floors 01-05). Median $1,476/sqft. Prices down 5.2% over the period. 85 years lease remaining.
Where The Red House ranks in District 15
All 261 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 |
The Red House is inside the 1 km Primary 1 priority zone for 4 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Private condos and apartments closest to The Red House, with their median resale psf. Useful for comparing what The Red House costs per square foot against nearby developments.
About The Red House
The Red House is a leasehold apartment development in District 15 (Marine Parade / Katong / Joo Chiat), within the Rest of Central Region of Singapore. Its $1,476 psf median sits about 13% below the District 15 median, cheaper than about 77% of projects there. It has a relatively light transaction record, with 18 sales between 2021-11 and 2026-01, ranging from $690,000 to $1,730,000. The most recent transaction was a 89 sqm unit (floors 01-05) at $1,410,000 in Jan 2026, and the median is $1,476 psf. Prices have eased about 5.2% over the period. On Bala's Table (the SLA leasehold valuation model), the 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 $1,476 per square foot across 18 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 $1,476 psf, with transactions ranging from $1,253 to $1,664 psf. This is based on 18 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 5.2% over the data period (around -1.3% a year). The median price is currently $1,476 psf, with the most recent sale at $1,410,000 in 2026-01.