GrowKaki.

Ardor Residence

Haig Road · District 15 · Rest of Central Region (RCR) · Freehold

Ardor Residence is an apartment development in District 15 (RCR). Based on 32 URA-recorded transactions from 20242026, its median price is $2,527,665, with prices moving about 1.8%/yr.

The verdict · for an investor

Ardor Residence · Apartment · District 15 · Freehold

Ardor Residence is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 13 min on foot; 15 supermarkets, 5 food & retail spots nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 3-bed +3.6% since 2024.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • MRT is a real walk — Tanjong Katong MRT, about 13 min.
  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $2.49M, not an easy first step.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

no rent record yet

Priced vs nearby

Above 4 of 6

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$2,532/sqft
7 sold here

What 861 sqft (3-bed) units go for here

$2.05Mmiddle ~$2.18M$2.31M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 861 sqft sales

Jun 2026861 sqft · fl 01-05$2.17M$2,519 psf
May 2026861 sqft · fl 01-05$2.12M$2,460 psf
Jan 2026861 sqft · fl 01-05$2.22M$2,582 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$5.07 psf/mo). Change it if you know better.

The rent you’d get

/mo
2.4% gross yield
Thina home to live in, not a rental earner — you're banking on price growth, not the rent. At a typical 75% loan, the rent covers ~57% of the mortgage — you’d top up ~$3,250/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$2.18M

Aim at the middle or below. A patient buyer has been getting closer to $2.10M.

If you’re selling

~$2.28M

List at the top of fair; realistic close is $2.18M–$2.21M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$2.61M
Paper gain+$0.43M

Our blunt read: ~$426k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~1.8%/yr), and past pace never promises the future.

Built from URA transactions for Ardor Residence — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Ardor Residence

Rest of Central Region (RCR) · District 15

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Ardor Residence, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is roughly even.

!

What it means for you: At ~$2,510 psf, Ardor Residence is priced about level with similar new projects nearby — no bargain, but you're not overpaying versus its peers. Its own prices are only creeping up (~1.8%/yr over ~2 years). The real watch-out: about 2,896 brand-new units come up for sale in this district by 2028 — direct competition for when you sell. Buying near the top of the cycle just as that lands can cap your gains. So — use the incoming supply as your reason to negotiate the price down now, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Ardor Residence)

About neutral

Not enough recent sales at this project to read its own trend.

Your area vs the rest

About neutral

The city fringe (RCR) sits in the middle of the three areas on long-run growth.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

Holds prices back

About 2,896 new units are still unsold in this district, with the first big batch finishing around 2028 — plenty of fresh supply that can hold prices and rents back.

2.9k units
New launches selling

Supports prices

New launches in this district are selling well — 15 recent ones are around 91% sold, so buyer demand here is healthy right now.

91% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers) — a small drag on the city fringe.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$2,510 psf is ~8% below similar nearby projects (~$2,728). about right

(The whole city fringe average is ~$1,830 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Ardor Residence has grown ~1.8%/yr over ~2 years. Similar nearby: Grand Dunman 5.5%, Emerald Of Katong 6.3%, The Continuum -2.1%, Tembusu Grand 5.6%, Liv @ Mb 3.1% — a -2.16.3%/yr spread (most around 5.5%).

market ~4.6%
Ardor 1.8%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~1.8%/yr, ~$2,696/sqft by year 4 — still short of $2,900.
Likely hits it:about year 9 at its own ~1.8%/yr pace.
Best case:if it ran like its best neighbour (Emerald Of Katong, ~6.3%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$2,527,665

2024–2026 (URA)

Appreciation

1.8%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Ardor Residence median price per sqft, by year

2024$2,432 psf
2025$2,510 psf+3.2%
2026$2,528 psf+0.7%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Ardor Residence fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Ardor Residence

Questions people ask about Ardor Residence

Is Ardor Residence freehold or leasehold?

Ardor Residence is a freehold development in District 15 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does Ardor Residence cost per square foot?

Recent transactions at Ardor Residence are around $2,528 psf — a new-launch price. Across its record, transacted prices range from $2,118,000 to $3,868,000.

Which primary schools are near Ardor Residence?

Within 1 km (top Primary 1 priority): Tanjong Katong Primary School (0.17 km), Haig Girls' School (0.74 km). Within 1–2 km: Chij (katong) Primary, Kong Hwa School, Tao Nan School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Ardor Residence?

The nearest MRT is Tanjong Katong MRT, about 800 m away (straight-line).

Has Ardor Residence gone up in value?

Across 32 URA-recorded transactions (2024–2026), prices at Ardor Residence have moved about 1.8% a year on average. That is a past record, not a forecast.

What condos are comparable to Ardor Residence?

Within a short walk: Haig Court, Emerald Of Katong, Tembusu Grand, The Esta, The Shore Residences. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Ardor Residence a good buy?

Ardor Residence sits in Rest of Central Region (RCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

Other condos in District 15

Browse all Singapore condos →