Margate Point
About Margate Point
Margate Point is a freehold Condo Apartment located in Marine Parade, District 15. Completed in 1998, it has a total of 1 blocks within the development and comprises a total of 15 units. It is within walking distance to MRT stations such as Katong Park MRT and Mountbatten MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Margate Point is also close to schools like Eton House International School (Mountbatten 718), Eton House International School (Mountbatten 717) and Indiaboy. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice Xpress and Chee Seng Foh Chop for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as East Coast Family Clinic. Singapore Post - Katong Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Wilkinson Interim Park, to enjoy some fresh air.
Key Property Details
Project Name | Margate Point |
|---|---|
Address | 2 Margate Road, Singapore 438042 View on map |
Nearest MRT | Katong Park MRT · 4 min walk |
TOP date | 1 Jan 1998 |
Tenure | Freehold |
Project Size | Small (15 units) |
Number of Units | 15 |
District | D15 |
Neighbourhood | Marine Parade |
Blocks | 1 |
Property type | Condo Apartment |
Buildings in Margate Point
- 2 Margate Road438042
Facilities for Margate Point
Parking
Site Plans
Site plans and elevation charts for Margate Point
Pricing & Transaction History
Sale transaction history for Margate Point
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date sold | Block | Unit | Beds | PSF | Area
(sqft) | Price sold |
|---|---|---|---|---|---|---|
03/2025 | 02 | #05-xx | - | S$ 1,991 | 1,281 | S$ 2.550M |
08/2024 | 02 | #04-xx | - | S$ 1,874 | 1,281 | S$ 2.400M |
02/2024 | 02 | #10-xx | - | S$ 1,764 | 1,281 | S$ 2.260M |
08/2019 | 02 | #08-xx | - | S$ 1,390 | 1,281 | S$ 1.780M |
05/2019 | 02 | #06-xx | - | S$ 1,288 | 1,281 | S$ 1.650M |
02/2017 | 02 | #1x-xx | - | S$ 1,210 | 1,281 | S$ 1.550M |
01/2013 | 02 | #0x-xx | 3 BR | S$ 1,288 | 1,281 | S$ 1.650M |
05/2011 | 02 | #0x-xx | - | S$ 1,015 | 1,281 | S$ 1.300M |
04/2007 | 02 | #0x-xx | - | S$ 687 | 1,281 | S$ 880,000 |
12/2006 | 02 | #0x-xx | - | S$ 531 | 1,281 | S$ 680,000 |
05/2006 | 02 | #0x-xx | - | S$ 484 | 1,281 | S$ 620,000 |
02/2002 | 02 | #0x-xx | - | S$ 648 | 1,281 | S$ 830,000 |
12/2001 | 02 | #0x-xx | - | S$ 561 | 1,280 | S$ 718,000 |
09/2000 | 02 | #1x-xx | - | S$ 765 | 1,281 | S$ 980,000 |
03/2000 | 02 | #0x-xx | - | S$ 835 | 1,281 | S$ 1.070M |
11/1996 | 02 | #1x-xx | - | S$ 1,054 | 1,281 | S$ 1.350M |
06/1996 | 02 | #1x-xx | - | S$ 962 | 2,367 | S$ 2.277M |
05/1996 | 02 | #0x-xx | - | S$ 941 | 1,281 | S$ 1.206M |
05/1996 | 02 | #0x-xx | - | S$ 945 | 1,281 | S$ 1.211M |
05/1996 | 02 | #0x-xx | - | S$ 937 | 1,281 | S$ 1.200M |
Rent transaction history for Margate Point
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date | Beds | PSF | Area
(sqft) | Price |
|---|---|---|---|---|
05/2024 | 3 BR | S$ 3.12 | 1,200-1,300 | S$ 4,000 |
05/2024 | 3 BR | S$ 3.20 | 1,200-1,300 | S$ 4,100 |
12/2023 | 3 BR | S$ 2.97 | 1,200-1,300 | S$ 3,800 |
01/2023 | 3 BR | S$ 3.08 | 1,200-1,300 | S$ 3,950 |
12/2022 | 3 BR | S$ 3.59 | 1,200-1,300 | S$ 4,600 |
10/2022 | 3 BR | S$ 2.97 | 1,200-1,300 | S$ 3,800 |
08/2022 | 3 BR | S$ 4.22 | 1,200-1,300 | S$ 5,400 |
06/2022 | 3 BR | S$ 3.12 | 1,200-1,300 | S$ 4,000 |
05/2022 | 3 BR | S$ 3.55 | 1,200-1,300 | S$ 4,550 |
05/2022 | 3 BR | S$ 2.58 | 1,200-1,300 | S$ 3,300 |
03/2022 | 3 BR | S$ 2.58 | 1,200-1,300 | S$ 3,300 |
10/2021 | 3 BR | S$ 2.58 | 1,200-1,300 | S$ 3,300 |
06/2021 | 3 BR | S$ 2.73 | 1,200-1,300 | S$ 3,500 |
05/2021 | 3 BR | S$ 2.34 | 1,200-1,300 | S$ 3,000 |
01/2021 | 3 BR | S$ 2.50 | 1,200-1,300 | S$ 3,200 |
03/2020 | 3 BR | S$ 2.34 | 1,200-1,300 | S$ 3,000 |
07/2019 | 3 BR | S$ 2.58 | 1,200-1,300 | S$ 3,300 |
06/2019 | 3 BR | S$ 2.34 | 1,200-1,300 | S$ 3,000 |
10/2018 | 3 BR | S$ 2.34 | 1,200-1,300 | S$ 3,000 |
05/2018 | 3 BR | S$ 2.58 | 1,200-1,300 | S$ 3,300 |
Payment structure & financing options
Sale price
Mortgage calculation
on 2% interest rate
S$ 4,158
/month
Downpayment (25%)
S$ 375k
Loan amount (75%)
S$ 1.13m
Tenure (yrs)
5
35
Loan (%)
10
75
Interest (%)
0
5
Location
Location of Margate Point
Taxi
Public Transport
Driving
Add locations your travel to frequently to calculate travel time
2 Transfers
S$ 1.54
1 Transfer
S$ 1.10
1 Transfer
S$ 1.24
Amenities nearby Margate Point
Schools | Distance |
|---|---|
Eton House International School (Mountbatten 718) | 4 mins (234 m) |
Eton House International School (Mountbatten 717) | 4 mins (269 m) |
Indiaboy | 4 mins (271 m) |
MRT Stations | Distance |
|---|---|
Katong Park | 5 mins (330 m) |
Mountbatten | 932 m |
Dakota | 942 m |
Supermarkets | Distance |
|---|---|
FairPrice Xpress | 583 m |
Makena's Mart | 685 m |
FairPrice Jalan Tiga | 968 m |
Parks | Distance |
|---|---|
Wilkinson Interim Park | 4 mins (285 m) |
Arthur Park | 7 mins (445 m) |
Katong Park | 7 mins (453 m) |
Property Insights
Sale price trend overtime
1M
3M
6M
1Y
5Y
10Y
No data available
Rent price trend overtime
1M
3M
6M
1Y
5Y
10Y
No data available
Recent rental deals include the latest at S$ 4,000, with the highest rent reaching S$ 5,400.
Nearby condo project comparison
Project | Tenure | TOP | MRT Distance | Price range (Sale) | Avg. Price (Sale) | Price range (Rent) | Avg. Price (Rent) | Rental Yield |
|---|---|---|---|---|---|---|---|---|
| Margate Point | Freehold | 1998 | TE 24  5 mins (332m)Katong Park MRT | 484 - 1,990.63 psf | 1,029.26 psf | 1,400 - 1,500 /mo | 1,450 /mo | - |
| Liv @ MB | 99 yrs | 2024 | TE 24 4 mins (295m)Katong Park MRT | 2,091.73 - 3,253.65 psf | 2,823.73 psf | 4,000 - 8,700 /mo | 4,835.18 /mo | 3.19% |
| 8M Residences | Freehold | 2016 | TE 24 4 mins (292m)Katong Park MRT | 1,661.63 - 2,538.7 psf | 2,051.02 psf | 3,400 - 7,900 /mo | 5,875 /mo | 3.22% |
| Meier Suites | Freehold | 2012 | TE 24 4 mins (248m)Katong Park MRT | 2,224.69 - 2,391.55 psf | 2,308.12 psf | 11,000 /mo | 11,000 /mo | 2.36% |
| Rivage | Freehold | 2009 | TE 24 4 mins (314m)Katong Park MRT | 673.99 - 1,968.17 psf | 1,158.9 psf | 2,950 - 7,500 /mo | 4,852.65 /mo | 2.3% |
| Arthur 118 | Freehold | 2005 | TE 24 3 mins (187m)Katong Park MRT | 1,557.63 - 2,616.16 psf | 2,437.56 psf | 4,900 - 6,200 /mo | 5,766.67 /mo | 2.15% |
| Mountbatten Lodge | Freehold | 2000 | TE 24 6 mins (434m)Katong Park MRT | 2,241.1 psf | 2,241.1 psf | 3,000 /mo | 3,000 /mo | - |
| Santa Fe Mansions | Freehold | 1998 | TE 24 5 mins (356m)Katong Park MRT | 2,242.48 psf | 2,242.48 psf | 4,500 /mo | 4,500 /mo | 2.42% |
| Mia Place | Freehold | 1997 | TE 24 3 mins (210m)Katong Park MRT | 1,751.37 - 3,125 psf | 2,252.82 psf | - | - | - |
Nearby Condo Listings
FAQs
General FAQs
When did the Margate Point TOP?
Margate Point obtained its TOP (Temporary Occupation Permit) in 1998.
What is the address of Margate Point?
The address of Margate Point is 2 Margate Road, Singapore.
What is the tenure for Margate Point?
The tenure of Margate Point is Freehold, starting from 1998. Upon expiration, the land reverts to the state unless the lease is renewed.
How many units are there in Margate Point?
Margate Point has a total of 15 residential units with numerous bedroom configurations to choose from.
How many blocks does Margate Point have?
Margate Point has a total of 1 blocks within the development.
What is the postal code of Margate Point?
The postal code of Margate Point is 438042.
Where to get floor plans for Margate Point?
You can find the floor plan layouts and unit configurations of Margate Point in the Floor Plan section above.
Where can I find the Margate Point Site Plan?
You can view the site plans and elevation charts for Margate Point in the Site Plan section above.
Located FAQs
What is the nearest MRT Station to Margate Point?
Margate Point is well-served by nearby MRT/LRT stations, such as Katong Park which is close to the development.
What are the schools nearby Margate Point?
Some of the nearest schools from Margate Point are Eton House International School (Mountbatten 718), Eton House International School (Mountbatten 717) and Indiaboy, providing families with quality education close to home.
Where are the bus stops near Margate Point?
Several bus stops can be found near Margate Point, such as Opposite Santa Fe Mansion, Katong Park Towers and The Eurasian Association which is located close to the development.
What condo facilities are available to residents of Margate Point?
Some facilities at Margate Point are available, such as Parking. Ensuring the lifestyle convenience of every resident.
Investment & Finance FAQs
How much upfront cash/CPF do I need for a S$ 620,000 unit at Margate Point?
At a 75% LTV, the down-payment is S$ 155,000 (25%), of which at least S$ 31,000 (5%) must be in cash; the balance can come from CPF OA savings.
What property-tax rates apply if I rent out my unit at Margate Point?
Non-owner-occupied residential property at Margate Point is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.
Property News
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About the information on this page
The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo.
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