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De Royale

Jalan Rama Rama · District 12 · Rest of Central Region (RCR) · Freehold

De Royale is a condominium development in District 12 (RCR). Based on 13 URA-recorded transactions from 20222026, its median price is $2,340,000, with prices moving about 6.9%/yr and a gross rental yield near 2.4%.

The verdict · for an investor

De Royale · Condominium · District 12 · Freehold

On balance, De Royale points up.

Strong track record, sitting inside Kallang – Sports Hub & riverside — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 13 min on foot; 11 supermarkets, 7 food & retail spots nearby.
  • Rentable~2.4% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 4-bed +30.4% since 2022.
  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Kallang – Sports Hub & riverside — a government-committed long-term catalyst.

What's holding it back

  • Its recent +6.9%/yr rode a hot cycle — don't bank on that pace repeating.
  • MRT is a real walk — Toa Payoh MRT, about 13 min.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

2.4%

gross, on this project

Priced vs nearby

Above 3 of 7

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.

~$1,897/sqft
8 sold here

What 1,259 sqft (4-bed) units go for here

$2.25Mmiddle ~$2.39M$2.53M

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 1,259 sqft sales

Jul 20261,259 sqft · fl 26-30$2.50M$1,986 psf
Jul 20261,259 sqft · fl 06-10$2.42M$1,922 psf
Dec 20251,259 sqft · fl 26-30$2.49M$1,978 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $3.75 psf / month (URA), filled in for your size. Change it if you have a specific number.

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 ~56% of the mortgage — you’d top up ~$3,650/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

$2.39M

Aim at the middle or below. A patient buyer has been getting closer to $2.30M.

If you’re selling

~$2.49M

List at the top of fair; realistic close is $2.39M–$2.42M 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$4.65M
Paper gain+$2.27M

Our blunt read: ~$2.27M 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 (~6.9%/yr), and past pace never promises the future.

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

If you’re buying — the outlook

De Royale

Rest of Central Region (RCR) · District 12 · ~$1,904 psf · 2.4% yield

own price

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 De Royale, its own prices have been flat lately. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$1,904 psf, De Royale is priced about level with similar new projects nearby — no bargain, but you're not overpaying versus its peers. Its own prices are still climbing (~6.9%/yr over ~4 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, 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 (De Royale)

About neutral

De Royale's own prices have gone flat over the latest year.

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

Supports prices

Not many new units are being built in this district (~777) — less new supply competing with you.

0.8k units
New launches selling

Supports prices

New launches in this district are selling well — 3 recent ones are around 95% sold, so buyer demand here is healthy right now.

95% 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? ~$1,904 psf is ~9% below similar nearby projects (~$2,100). 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.

De Royale has grown ~6.9%/yr over ~4 years. Similar nearby: The Orie 4.9%, Eight Riversuites 4.8%, Gem Residences 3.2%, Trevista 7.9%, Verticus 2.7% — a 2.77.9%/yr spread (most around 4.8%).

market ~4.6%
De 6.9%
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
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~6.9%/yr, ~$2,486/sqft by year 4 — already past your target.
Likely hits it:about year 3 at its own ~6.9%/yr pace.
Best case:if it ran like its best neighbour (Trevista, ~7.9%/yr), about year 2.

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

$2,340,000

2022–2026 (URA)

Appreciation

6.9%/yr

median trend

Gross yield

2.4%

~$3.75/psf rent

Lease

Freehold

De Royale median price per sqft, by year

2022$1,526 psf
2023$1,822 psf+19.4%
2024$1,806 psf-0.9%
2025$1,897 psf+5%
2026$1,904 psf+0.4%

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

Does De Royale 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 De Royale

Questions people ask about De Royale

Is De Royale freehold or leasehold?

De Royale is a freehold development in District 12 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does De Royale cost per square foot?

Recent transactions at De Royale are around $1,904 psf. Across its record, transacted prices range from $1,680,000 to $2,560,000.

Which primary schools are near De Royale?

Within 1 km (top Primary 1 priority): Chij Primary (toa Payoh) (0.95 km). Within 1–2 km: Kheng Cheng School, Pei Chun Public School, Hong Wen School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest De Royale?

The nearest MRT is Toa Payoh MRT, about 530 m away (straight-line).

Has De Royale gone up in value?

Across 13 URA-recorded transactions (2022–2026), prices at De Royale have moved about 6.9% a year on average, with a gross rental yield near 2.4%. That is a past record, not a forecast.

What condos are comparable to De Royale?

Within a short walk: Verticus, Prestige Heights, The Interweave, Vista Residences, The Arte. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is De Royale a good buy?

De Royale 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.

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